RE:so whats the bestCNQ always had good management but probably not as entrepreneurial before (can't help it being so big). Announced budget cuts today but as with "all the announcement on budget and dividend cuts", if the oil and gas stay low all year the cuts will not be "a total of 25% of budget" not "cut by 25%". If oil stays at 47 they only have about 2-3 billion to spend instead of the original 8 bill. Every company out there is using significantly higher forecasts than the strip. CNQ have minimal hedges. Keep in mind oil and gas demand is forecast to be at minimum in about April.