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Canadian Natural Resources Ltd T.CNQ

Alternate Symbol(s):  CNQ

Canadian Natural Resources Limited is a Canada-based independent crude oil and natural gas exploration, development and production company. The Company's segments include exploration and production, oil sands mining and upgrading, and midstream and refining. The exploration and production segment is focused on North America, specifically in Western Canada; the United Kingdom portion of the North Sea, and Cote d'Ivoire and South Africa in Offshore Africa. The oil sands mining and upgrading segment produces synthetic crude oil through bitumen mining and upgrading operations at Horizon Oil Sands and through its direct and indirect interest in the Athabasca Oil Sands Project. Within Western Canada in the midstream and refining segment, the Company maintains certain activities that include pipeline operations, an electricity co-generation system and an investment in the Northwest Redwater Partnership, a general partnership formed to upgrade and refine bitumen in the Province of Alberta.


TSX:CNQ - Post by User

Comment by fabdaqon Apr 04, 2010 9:30am
474 Views
Post# 16954493

RE: RE: ? 4 the board

RE: RE: ? 4 the boardI have actually owned quite a bit of this company in the past (4-5 years ago or so) and did quite well.  I found it hard to dig up specific info on it which includes their web site.  I subscribe to a few periodicals but cannot recall seeing it having a significant gas factor which is what took me by surprise when the analyst said he wouldn't buy it bcuz of the gas element (implying it was of significance).  I accumulated shares last week and am basically in under $72 though I got some on thursday.  Most other analysts never mention the gas element either and I'm ok with it having 40% gas (if thats the #).  It would seem they are doing the right thing focusing on whats making money now (oil).  The gas can conform to my contrarian side and we can make more money off that when the timing is right!  thanks, seems like a good board (for once), glta!!  ps the way the oils behaved last week I'm hoping their long overdue turn is upon us and this baby can run the way it did the last time I held it!!
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