Analyst CommentHOLD
Canadian Natural Rsrcs(CNQ-T)
13/12/2024
Likes it. Probability that Trump gets away with tariffs is fairly small, he's just negotiating. Trump needs to be reminded that tariffs are taxes, and US taxes are already high enough.
Increased portfolio of heavy crude, despite difficulties getting it out of Canada. De-bottlenecking the Keystone pipeline would be positive. Narrative on this name will likely be soft for a few months.
Oil / Gas
Rick Rule
$44.600
No