CNQ
Canadian Natural Resources Ltd
Mentions (24Hr)
-100.00% Today
Reddit Posts
Forward P/E of S&P, IWM, MDY, and some stocks that look good.
Are investors on this thread more interested in Renewables or oil and gas and give your time horizon.
Oil is in a structural bull market. It's shrugging off recession concerns. Canadian E&P's are best way to play it. CNQ, CVE, IMO
Canadian Natural Resources (CNQ) is a sure buy with the fact that they're rated highly among analysts in the energy sector and they earned $3.92 per share last earnings which is big brain money and they're going parabolic 🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀
Dividend Effect Capitalization (Yes, with short term options)
Dispersion Trade: Buy Canadian Energy Index Options Net Long, Sell Options for the Components (Mostly Puts).
Mentions
I like oil sands. Long reserve life. Production costs lowered from 10-20 years ago. Low debt. Buybacks. Dividend growth. Low PE. SU & CNQ. Oil will go up and down but shale is maxed out and the Saudis are lying about their reserves - so at some point….
MOC VLO CNQ XOM SLB all up each day 3%
CNQ, ABX, SU and believe it or not their banks are connected to runs on commodity’s so them too. They have 5 major.
Well, I think energy is the best play for 2026. I haven’t seen where shareholders come out on top for long term holds on Nuclear other than miners like Cameco. I quite like the Orange man, but I’m Canadian so I’ll just keep using my $USD to buy US oil majors and CAD to buy CNQ and IPO and infastructure. But unfortunatley no crystal ball but the cure for low oil prices is and always will be low oil prices lololol
80 is realistic and I think even if we stay there the producers are going to be printing money like miners are now. I’m holding CNQ and some OXY calls at the moment.
I agree. Not all Canadian assets will be equal though, I’m holding CNQ CVE and NTR
When the Europe stuff popped off last weekend I thought at least I have my Canadian stocks This weekend I think at least I have my European stocks On the bright side when all this blows over everyone will have a greater understanding for the value of NTR CNQ and CVE and I’ll snag some other Canadian stocks Monday and Tuesday Orange man relents Tuesday evening most likely in time for Melania to ring the bell Wednesday morning
If CNQ CVE or NTR drops a penny on the tariff drama it’s a buying opportunity.
Despite the declines today is a good day to buy CNI CP CNQ CVE and NTR because they will benefit from expanding partners and investment in industry
Buying more PBR RIO CVE CNQ
I was in before the AI narrative and now I'm out and made a nice profit. What people don't understand is data centers will need more oil and (more so) natural gas than nuclear for at least another 5 years. So I took advantage of the recent dip in CNQ and dumped half of my money into it. Should make great profit in a couple of years and I'll receive fat dividends while I wait. Win win. This is my 100% conviction play. I'll buy CNQ on all dips throughout that time period. Much like tech, nuclear is overbought and overpromised.
2 months ago I was on linkdn and saw a guy I knew from 25 years ago congratulate a guy I went to school with 7 years ago on joining him in new positioning with NexGen Energy. Out of curiosity I googles who they were, looked at what they are going and the stage, and the positions these guys got hired being ERT which is a cost even during production and never hired until it’s go time to hire. Sold off some ENB & CNQ and picked up 10,000 shares averaging just over $10 per. 2 months later I feel like a lucky rocket doctor who checked an app while having my morning… post coffee break haha. Wish I bought more but also it’s probably still a great time to get in
US shale producers problems are OPEC opening spigots to maintain market share and punish Kazakhstan, high decline rates. and running out of drill sites (75% of the good ones have already been completed). Venezuela's incremental production is like that of deep Alberta oil sands. Similar asphalt like petroleum (bitumen), requiring twin well bores (one for steam, one for production), steam injection for years so the the bitumen will flow to the production bores, and either expensive diluent or hydrocracking treatment to flow through pipelines. Venezuela's Orinoco oil sands will be *more expensive* to produce than Alberta's, as there's poor road infrastructure, no local source of low cost stranded natural gas to generate steam (instead, some of the product is used) or offer diluent (condensate and NGLs). And, of course a hostile populace, with either insurgency or assassinations of oil workers. OPEC+ decisions and the global economy matter now. Venezuela doesn't matter for 5-10 years. Those Orinoco oil sands won't be produced at larger than present scale until producers have a futures curve north of 80 or 90 per barrel. In 2026, WTI will probably see the 40s, given all the signs of global recession. Bad for *all* oil producers, but also a buying opportunity for some. I'm planning an entry then with a focus on offshore W. Africa conventional oil (EGY), lower cost/less exploited shale in Argentina (VIST), and Canadian oil sands (CNQ, the clear leader, and GFR, sort of a back door into Strathcona, secretly my favorite oil play).
MDA space and CNQ are really not being that nice to me
Not an oil expert, but i mean is there any benefit to companies investing into VZ right now with WTI being so low? I feel like that's the big question. I wonder what the break even rates are for it and if it makes sense for companies to even want to invest the Capex. Feels like any of the moves around something like CNQ would be just narrative based at this point, since it would probably take years to actually impact any business. I still find NFLX so tempting, might pull the trigger soon. I bought some THR, SANM, PATH calls and TOITF this morning.
I had started a 25% position in CNQ right before the events in Venezuela, I am left wondering if I should cut it at a 2% loss or to fill out the position. Long term it just can’t be good for Canadian oil if VZ infrastructure is feasible to rebuild but there are many ifs and also CNQ’s yield is nice. Other than that just adding to NFLX.
CNQ, is a really good one and ironically the most beat up today. It controls most of the natural resource reserves in Canada, and has huge cash flow and smart acquisitions. Decent divy too. I wish I had more capital to buy more on the dip today. ENB is good too, as well as CEU.
What the market is missing is that much of Canadian heavy crude is refined in the Midwest. That supply chain dynamic will not change. The US Gulf complex refineries will begin to refine Venezuelan sour crude once the Venezuelan infrastructure is revamped. So I see Canadian energy producers like CNQ as undervalued here.
Big oof for CNQ in which I had stated a position 2 days before the VZ event.
I’ve got my gaze set on CNQ OXY and UCO like the eye of sauron
Look at CVX, COP vs CNQ and SU.
the likely outcome here, and better R/R is probably short Canada Oil producers, as Venezuela Oil is Heavy Crude, the same Canada is exporting alot of.. watch $CNQ price action on market open Monday..
this might be bearish for my canadian oil position CNQ https://preview.redd.it/zxddnc2qh6bg1.jpeg?width=400&format=pjpg&auto=webp&s=815b2bd4e9885231c9d6cbc2a4ec0af95eefefda
WEEI and CNQ, OXY if you’re aggressive
I agree with the above assessment. I bought CNQ IMO SU CVE in November 2025.
Core argument for oil is sound, but reasoning for going all in on [CNQ.TO](http://CNQ.TO) is very incomplete at best.
Sold all my CNQ after like a year of nothing for small profit. Moved to LBS.TO for the 10% divy. Been laughing ever since.
Isn't CNQ mostly oil sands, which is pretty garbage when it comes to refining costs
Fuck it, Full Port into CNQ Lmaoo
I've been stacking CNQ, XOM, PR, EOG, and SLB since June. Basically all of them are already up 10-20% and paying 3-6% dividends even with oil prices falling off since then.
CNQ pays 5%+ in dividends and have a track record of raising their dividends going back 25+ years and so there isn't a time value of money problem for me. I'll sit and collect 18K CAD every quarter until I am right.
This is actually all in my TFSA. I journaled my CNQ shares to [CNQ.TO](http://CNQ.TO) to avoid the taxes on dividends but I did not know that it did not matter as long as it is a CDN company. Thanks for that.
CNQ or CVE are all good stuff right now on the cheap
CNQ can pump oil out cheaper than anyone else in the WORLD
What do you think of Canadian oilsands producers? I have a position in CNQ, 40 years of inventory, low production cost, 5% dividend thats safe into mid 40s wti.
I can’t help but think that there are some excellent Canadian companies suited for long term Investing that are in the price ditch Brookfield and CSU come to mind. CNQ and TOU, I need to research but also stand out for me.
Well laid out thesis. The part that stands out to me is how asymmetric the setup is if inventories actually hit those critical lows. The risk isn’t CNQ itself, it’s whether the market keeps treating this as a temporary headline rather than a structural heavy-sour squeeze.
Solid thesis. PADD 3 refiners are addicted to heavy sour crude and the alternatives are vanishing. You missed the Trans Mountain pipeline. Gulf refiners now have to outbid Asian buyers for Canadian crude, which puts a rocket under WCS prices. But be careful shorting the backend. If Venezuela's infrastructure sustains real damage, this isn't a mean-reversion trade, it's more like a structural supply reset. The long CNQ play seems smart. The short seems more like gambling.
The EIA supply glut narrative is dominating the market right now, I agree on the long term CNQ is solid but for the next 2 years, the market has convinced itself oil is gonna be lower for longer forgetting there's a difference between WTI and WCS. We need to see the spread tighten for CNQ to climb, for that we need geopolitics and China to come to Canada to make a deal now that Venezuela is being blockaded. It won't last forever. Once Venezuela is resolved and the oil comes back we are right back to the EIA trade.
I’m long on CNQ but we have very different reasons.
You can just hold stocks. CNQ is so heavily traded the margin requirement for them is just 30%, and the interest rate is not bad. On the short side of this trade though that's another story.
They're a net user of heavy since they're a refiner as well. I use it as a hedge in this trade in combination with CNQ.
The logic on the heavy-light spread is solid, but banking on a Venezuelan coup timeline is a classic way to lose your shirt. Truthfully, CNQ is the right horse for this, but don't be surprised if the market ignores the geopolitical noise way longer than your margin account can handle.
I like/own it - well managed and history of special + reg divs. There's a number of energy plays in Canada that have done reasaonably well over time. International Petroleum, Imperial Oil (heavily owned by XOM), Suncor, Strathcona, Topaz (associated with Tourmaline), CNQ, Enbridge, etc.
CNQ is a beast. Probably not a ton of torque to the upside, but one of the best energy names out there for stability. I also think there are a lot of really interesting oil service names. I own NE for offshore. FTK makes a product that dramatically increases yield from fracking wells. There's a few small Canadian names I can't mention that make software that really help make the E&P field more profitable too.
CNQ (Canadian Natural Resources)
I’ve been selling CNQ puts for several months
If it sends Canadians stocks down again I'll buy more. Abaxx has been a fantastic stock this year. I'll buy some more CNQ at 10x earnings and a 5.5% dividend. I own Hammond Power which was up 30% Friday.
Check out UNH, CNQ, TRV. Based on how I model their IV. I believe they are under valued and are at least worth digging into to see if the qualitative data matches the quant.
Not a recommendation necessarily but lately I was buying something like CNQ at a 10x p/e and a 5.5% yield. It's not exciting and it's not without risk, but it's just a well-run energy company. Or something like CME, which offers four quarterly dividends and then a variable annual cash sweep dividend (cash above a certain level is paid out as a dividend.) People get into mREITs or BDCs and in some cases (IMHO) there is the question of what do I really own? What does the loan book of an mREIT really look like? What does a BDC really own? Not saying all of them are bad but a fair amount of these feel to me vehicles to attract yield chasers (and then some mREITs are externally managed, so a fee goes to external management every year.) Again, maybe just me/just IMHO I'd rather a 4-5% yield of something straightforward than a high single digit yield of something that's often doesn't seem entirely transparent. The other issue is that so many of these things that offer high single digit % yields don't outgrow the dividend so the price just gradually erodes over time. Nothing wrong with wanting income at all, just IMO there's a sort of "happy medium" that's maybe not high single digit % yields, but is perhaps more sustainable, the risks are clearer and you get a blend of medium income and some growth.
Venezuela supplies a large amount of heavy crude. Aside from Venezuela the biggest supplier of heavy crude is Canadian oil majors. I would invest in CNQ, CVE, Suncor, if I were to expect a war breaking down between the US and Venezuela.
this has been my strategy for the past few months. jacked to the gills on CNQ, XOM, PR, and EOG.
XIC mostly. Some FFH, BN, CNQ, NTR. ( Which XIC holds btw ). I also have XEM and XEF for Europe and emerging market exposure. Emerging has done well for.me too. I reduced my US exposure because of currency risk mostly. I think the USA is printing money pretty fast and tariffs are reducing demand globally for usd.
great time to load up on oil stocks which are also inexplicably down too if you think the downward trend in overall market might continue. EOG, CVX, and lastly CNQ if you want something more stable are at good entry points.
Go for an index. SILJ is the most behind of the big 4 miner index (gdx, gdxj, sil, silj) and gives you the most alpha I think. I also love copper miners for a can’t lose long term position (copx). Also look into energy stocks (oil, natural gas, coal, uranium). For oil I love CNQ. Awesome business with huge dividends, well run, money printer atm basically. Nat gas, I like anterro and range recources. Coal I love the upside for CNR, it looks to have bottomed and is reversing with lots of upside. URA/URNJ for uranium. These all tend to perform very well after gold leads a move up and they’re all very beaten down right now besides uranium which has been flying with the metals.
Brookfield BN.To / Loblaws or George Weston / BRK.B / CNQ for the Div 10+ year holds
It's a very good company but it's been out of favor. In terms of Canadian energy names I do like Tourmaline a bit better, but CNQ is something I've considered buying lately as I've tried to create more of an allocation towards real assets/inflation.
What exactly is it you like about the company? Because beyond the 5% div, and the covid run in '20--'21, it's done pretty much nothing in the past 10 years. . It would be hard to find a solid company that's done much worse in this market. I don't really trust the market or the eonomy going forward here so I'm uncertain about where to shift my money to at the moment. But, looking back, it would be hard to make the case that it wasn't a mistake to hold onto CNQ in this bull market.
One that fits both is CNQ. It has an amazing dividend and all the growth potential. Very undervalued compared to its piers.
You can buy dual listed stocks like TD or CNQ buy in CAD do securities transfer to USD and sell.
Oil prices on the come up as all these operators report earnings. Interested to see where things go for CNQ, EOG, MUR, and PR.
Not profitable, Overbought, Institutional aiming for -12%. This might be one, thanks. I have ROKU sell if volume increases and CNQ as a div buy.
- Defense stocks that actually have the capacity for wartime production and increasing production quickly to actually get defense spending. EX LHX NOC RTX. - Canadian or American oil producers ( not diversified, pure NA plays. Ex CNQ - us mining companies ( not diversified miners) ex MP - us chip makers ex Texas instruments Avoid Everything involving trade in SEA or China in their supply chain. Ie Nike, Avoid anything that gets a majority of revenue from China or SEA EX Starbucks Avoid Chinese or SEA stocks. Avoid travel/hotel companies. EX booking, Hilton, Marriott Avoid diversified miners especially in iron or copper ore with the main customer being China. Ex BHP, RIO. Avoid anything manufacturing related from China/SEA and focus on made in Europe or NA companies. Avoid tech companies like apple that rely on trade with China.
In Canada picked up XIC, XEF, and XEM as well as a bunch of FFH, CNR, CNQ, and BN. In my company retirement account I moved from 40% USA to 25% USA. On my USD account I focused on global exposure. V, MA, BRK.B. I was tech heavy and sold it for treasuries. Being up 300% on nvda and avgo respectively made it basically free money in perpetuity. I dropped about 25% of my portfolio on treasuries because I can see rates eventually falling. I'm not closing the door. I'm just rebalancing away.
I have a friend who works for CNRL (CNQ) and this sounds exactly like their employee stock purchase program. He maxed it out every year for the free 15%. I work for a major corporation that matches pension and RRSP contributions,ESPP, and I would absolutely jump on it if they offered a 15% ESPP. Take all the matching programs your company offers as long as you can afford to. Its basically free money, and usually comes off your paycheck before income tax.
The week I buy CNQ it drops 2 dollars 😔😔😔
I'm thinking Canadian oil CNQ, SU or IMO maybe. This will either be very interesting or super boring.
so if Ran closes the Strait. CNQ calls?
I’m a regard. I took advice from WSB to sell OXY and load CNQ instead because they said OXY has lots of assets in Middle East which could be threatened by Iran and Canada is a safer place. I won’t fall for it again I swear.
Shale oil is declining and not overly profitable at DJT target of 50dollars. That’s why drill baby drill isn’t being embraced by many or any. The rotating president or head of opec is Iran this year. Meeting in Vienna in July, should be interesting on what’s decided. Right now there is lots of oil. Actually ENB and CNQ have been going up and cutting production costs so even decent profit to a 40 dollar barrel. The saudis will support the US for sure. But no one really wants to disrupt the supply chain. Just to destroy the nuclear threat.
OXY has middle east assets and some of those may get hit, i think smthng like CNQ (canadian) or PBR (brasil) may fare better here
I couldn’t own meta as facebook has caused so many issues I wouldn’t invest in cigarettes I want a green future but I own CNQ I own EUAD as I want to see Europe find its independent defense and support Ukraine We all have to navigate what feels right
E&P names not up that much today, given the price action on oil. CNQ only up 3.3%.
Times like this are why I still have oil stocks in my portfolio. Gogo CNQ/OXY/SHEL
LNG inked a 15 year deal with CNQ for natural gas supplies. 1) it's amazing that CNQ can promise 15 years of gas. Most US fracking operations don't have anywhere near that capability. 2) LNG is trading at 17x earnings. If they keep making money at this rate for 15 years, that stock is cheap. They also have buyers contracted for over a decade.
what the freak happened to CNQ 
No one’s crying where I work with the oil price currently, we produces oil at 21 bucks a barrel. CNQ baby!
I like CNQ for oil, great dividends, monster profits.
Opened a position in CNQ. Thesis is CNQ benefitting from china demand. Strong company, nice dividend, we’ll see how it goes!
Canadian oil stocks - $CNQ, $CVE, $SU
Sold a lot of utilities and consumer staples that didn’t move during the drop and bought a bunch of AMZ, MSFT, CATR, CNQ and VFV. Even dropped a couple grand into micro strategies to grab some bitcoin gains that have tanked lately. Most popped 10% today, micro did 24%. Made about 25K, the biggest one day gains I’ve had really. Will rebalance tmro and get some back into the stable stocks just in case it wants to drop again but already futures are looking pretty good for tmro so we may get a few days of big gains and play catchup!
Sold a lot of utilities and consumer staples that didn’t move during the drop and bought a bunch of AMZ, MSFT, CATR, CNQ and VFV. Even dropped a couple grand into micro strategies to grab some bitcoin gains that have tanked lately. Most popped 10% today, micro did 24%. Made about 25K, the biggest one day gains I’ve ever had. Will rebalance tmro and get some back into the stable stocks just in case it wants to drop again but already futures are looking pretty good for tmro so we may get a few days of big gains.