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Bullboard - Stock Discussion Forum Canadian Natural Resources Ltd CNQ


Primary Symbol: T.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 are focused on North America, specifically in Western Canada; the United Kingdom portion of the... see more

TSX:CNQ - Post Discussion

Canadian Natural Resources Ltd > Another Recommendation
View:
Post by retiredcf on Nov 08, 2024 6:47am

Another Recommendation

From a conservative analyst with many of his assets in the US and ETFs. GLTA

BUY
Canadian Natural Rsrcs(CNQ-T)
07/11/2024

Generally, energy is a beneficiary of a Trump administration. Value in the energy market, given where oil prices are. Going forward, some of the US names may perform a bit better than Canadian names. If we avoid a recession (his view), then oil prices can move higher. If fiscal stimulus in China can push that economy, would benefit oil prices.

Yield is ~4.6%, no risk to that. Attractive name to own as part of your portfolio.

Oil / Gas

Stan Wong
$48.190
Owned


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