Canadian Natural Resources Ltd T.CNQ

Alternate Symbol(s): CNQ

Energy Oil & Gas E&P

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.

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Canadian Natural Resources Ltd > Totally scooped up PONY on the cheap

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Comment by wobbleson Nov 02, 2020 6:07pm

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Post# 31826973

RE:RE:Totally scooped up PONY on the cheap

I just started to get a bit more serious about where to invest in the Canadian energy sector.
I've like Canadian Natural Resources for a while, but never pulled the trigger.
While I want to buy a proven top echelon leader, I also would like to speculate on a much smaller scale on a potential small to mid cap target.

I almost bought Painted Pony about a year ago, but got the willies and didn't buy. From looking at it, CNRL got it at a fraction of book value? That kind of discount (if true) makes valuing a small takeover target a bit of a wild guessing game, I am thinking.

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Now trading on the TSX Venture Exchange: Kootenay Resources Inc.