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Canadian Natural Resources Limited (CNQ)

NYSE - NYSE Delayed Price. Currency in USD
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42.73+0.40 (+0.94%)
At close: 4:00PM EDT
43.00 +0.27 (+0.63%)
After hours: 06:18PM EDT
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  • D
    Dominator
    $BTE.TO conversation
    Anybody see what the CEO Jack Dorsey has said! Expecting hyperinflation and we are going to get it good in this sector. Reminds me of 2006 all over again!! All oil companies report their earnings over the next two weeks. There’s going to be a ton of cash pouring into all these oil stocks. Stay long and strong like a diamond!

    $BTE $OXY $CPE $RIG $OIH $SU $XOM $CVX $VET $EOG $CNQ $LPI $CLR $CDEV $CPG $ATH $CNQ $USO
  • D
    DANIEL
    $OXY conversation
    "...India’s (oil) consumption (is) around 15–16% higher than the pre-covid levels..."

    https://www.livemint.com/industry/energy/why-does-india-want-opec-to-raiseproduction-11634750199689.html

    $OXY $CPE $RIG $OIH $XOM $CVX $VET $EOG $CNQ $LPI $CLR $CDEV $CPG
  • D
    Dominator
    $BTE.TO conversation
    How inexpensive are energy stocks? In Q1'22 alone, at an oil price that is hedge-able right now, the average name I follow could buy back ~9% of its shares outstanding from free cashflow.

    $BTE $OXY $CPE $RIG $OIH $SU $XOM $CVX $VET $EOG $CNQ $LPI $CLR $CDEV $CPG $ATH $CNQ $USO
  • D
    Dominator
    $BTE.TO conversation
    Why is there skepticism about OPEC's stated spare capacity? Nigeria is a case in point. Under producing its September quota by ~170,000Bbl/d ($428MM in lost revenue per month)...what are the chances that it will be able to meet rising quota levels in the months ahead???

    $BTE $OXY $CPE $RIG $OIH $SU $XOM $CVX $VET $EOG $CNQ $LPI $CLR $CDEV $CPG $ATH $CNQ $USO
  • D
    Daniel
    honestly right now the only debate in my head is if this is a 70 or 75 dollar stock lol.
  • D
    Dominator
    $BTE.TO conversation
    This will be good for Monday. October 16, 20218:04 AM EDTLast Updated 17 hours ago
    Middle East
    Iran's navy thwarts pirate attack on Iranian tanker -report
    Reuters

    1 minute read
    DUBAI, Oct 16 (Reuters) - Iranian naval forces intervened on Saturday to repel pirates who attacked an Iranian oil tanker in the Gulf of Aden, Iran's state media reported.

    Pirates in five speedboats attacked the unidentified tanker, but they fled after facing heavy fire from Iran's navy, the state broadcaster IRIB said on its website.

    Iran’s navy has extended its reach in recent years, dispatching vessels to the Indian Ocean and the Gulf of Aden to protect Iranian ships from Somali pirate attacks.

    $BTE $OXY $CPE $RIG $OIH $SU $XOM $CVX $VET $EOG $CNQ $LPI $CLR $CDEV $CPG $ATH $CNQ $USO
  • K
    Karen
    In the Globe and Mail today!
    Scotia’s top picks among large cap oil-weighted stocks are:

    Canadian Natural Resources Ltd. (CNQ-T +1.92%increase
    ) to $60 from $52 with a “sector outperform” rating. Average: $57.20.
    Cenovus Energy Inc. (CVE-T) to $16.50 from $14 with a “sector outperform” rating. Average: $16.99.
    It’s top large-cap pick among Montney/natural gas stock is Tourmaline Oil Corp. (TOU-T +1.79%increase
    ) with a $76 target, up from $59 and above the $58.42 average, with a “sector outperform” rating.
  • D
    Dominator
    $BTE.TO conversation
    With oil demand (ex-jet fuel) back to pre-COVID levels + the inventory surplus all but eliminated, the oil market's focus should soon turn to the enormous supply challenges ahead: OPEC spare capacity exhaustion, the end of US shale hyper growth, and the end of non-OPEC/US growth.

    $BTE $OXY $CPE $RIG $OIH $SU $XOM $CVX $VET $EOG $CNQ $LPI $CLR $CDEV $CPG $ATH $CNQ $USO
  • D
    Dominator
    $BTE.TO conversation
    As predicted! China is getting colder already!
    https://www.google.ca/amp/s/www.bnnbloomberg.ca/early-freeze-across-china-adds-to-the-nation-s-energy-crisis-1.1667641.amp.html

    $BTE $OXY $CPE $RIG $OIH $SU $XOM $CVX $VET $EOG $CNQ $LPI $CLR $CDEV $CPG $ATH $CNQ $USO
  • D
    Dominator
    $BTE.TO conversation
    ‘Crazy’ Bets on $200 Oil Invade the Options Market
    Traders are wagering U.S. crude’s rally to a seven-year high is just the beginning, despite a softening global economic expansion

    The bullish trading amounts to a gamble that supply-chain disruptions and regional shortages will keep pushing energy markets higher.
    PHOTO: LUKE SHARRETT/BLOOMBERG NEWS
    By Gunjan Banerji
    Oct. 17, 2021 5:30 am ET

    A roaring trade in bullish crude-oil options says the 2021 energy rally is far from over.

    Traders once again are betting that the U.S. oil benchmark will surge above $100 a barrel, from a recent $82, as early as December. U.S. crude, known as West Texas Intermediate or WTI, is up 10% this month, and 70% this year, but it hasn’t hit $100 since the oil crash of 2014.

    Wagers across the Atlantic are even more aggressive. Some traders are betting Brent crude, the global benchmark, will hit a record high of $200 a barrel by December 2022, according to data from provider QuikStrike. Options give investors the right to buy or sell at a stated price by a certain date. Traders typically use options to make directional bets or to hedge their portfolios.

    The bullish trading amounts to a gamble that supply-chain disruptions and regional shortages will keep pushing energy markets higher, despite a slowing global economic expansion and concerns that higher oil and natural-gas prices will crimp consumer spending. The wagers also show that investors drawn by the small upfront investments and potentially quick payoffs of options trades are piling into energy markets, echoing trades in the stock market this year.

    $BTE $OXY $CPE $RIG $OIH $SU $XOM $CVX $VET $EOG $CNQ $LPI $CLR $CDEV $CPG $ATH $CNQ $USO
  • R
    Ray
    last stock split from CNRL was in May 2010, 2:1, at $70.78 CDN.

    In 2004, the stock split 2:1 at $78 CDN, then again in 2005 at $67 CDN.

    If the stock goes back to that price again, then I think it's possible for another 2:1 split
  • D
    Dominator
    $BTE.TO conversation
    OECD inventories are now back to May '18 levels...a time when US shale was growing by over 1.5MM Bbl/d year-over-year. Today? At best ~0.7MM Bbl/d given the need to satisfy investors' new craving for juicy quarterly variable dividends. The road ahead is very different than prior!
    $BTE $OXY $CPE $RIG $OIH $SU $XOM $CVX $VET $EOG $CNQ $LPI $CLR $CDEV $CPG $ATH $CNQ $USO $MEG
  • B
    Blunderbuss
    I bought this at 22$ instead of suncor.......

    !!!!!!!!!
  • C
    Craig
    $SU.TO conversation
    Here is a something to think about when evaluating the management team and BOD at Suncor. Some people are saying that this stock is lagging its peers in the oil sands, others are saying that oil just doesn't have a future. Still others are saying that management team has a solid plan to improve shareholder value. What does the market say about the current value of a $10,000 investment Made on January 2, 2020. If you put that money in $SU:TO today you would have $7,318 (-26.82%), $CVE.TO $12,766(+27.66%), $CPG.TO $13,290 (+32.9%), $CNQ.TO $14,850 (+48.5%), $BTE.TO $24,967 (+149.67%). So, it looks like a pretty common theme here- at least 50% behind everyone else. Either Suncor is not managing the operations of their day to day business properly or, they are not managing the finances of the company properly. Aside from incompetency, there are not many other explanations for this type of share performance that don't include some kind of natural disaster, fraud, or willful malfeasance. The time for a change in direction has passed - it's time for a change in leadership! The opportunity cost of sticking with these guys is way too high. The damage they have caused is about their decisions and not about the business they are "managing".
  • D
    DANIEL
    $OXY conversation
    Headline: "Gas Prices In Europe Are Now The Equivalent Of $205 Oil"

    "The energy crisis continues to worsen, and there is no immediate relief in sight, analysts say"

    At that price for nat. gas, oil at $80 is basement-price cheap, so oil demand will only go up. The US is now importing 7 million barrels of crude A DAY!

    Glad I skewed portfolio heavily to O&G from March 2020; this is where massive growth will be over the next 18+ months.

    https://oilprice.com/Energy/Gas-Prices/Gas-Prices-In-Europe-Are-Now-The-Equivalent-Of-205-Oil.html

    $OXY $CPE $RIG $OIH $SU $XOM $CVX $VET $EOG $CNQ $LPI $CLR $CDEV $CPG
  • C
    Cleb
    check out WRG. hasnt seen the massive gains most of these energy companies have in the past year and I've noticed they are hiring like its 2012 again.
  • D
    Dominator
    $BTEGF conversation
    Eric Nuttall view on Twitter today,
    @ericnuttall
    “We do NOT need higher oil prices for energy stocks to continue to rally into year-end (and beyond) but only for the generalist to believe in a higher, sustainable floor of $60+WTI. Read more tomorrow about how I'm positioned heading into year-end in the
    @financialpost
    tomorrow!”

    $OXY $CPE $RIG $OIH $SU $XOM $CVX $VET $EOG $CNQ $LPI $CLR $CDEV $CPG $ATH $CNQ $USO
  • s
    sunny
    Stifel Canada price target 67.50 CAD.....
  • D
    Dominator
    $BTE.TO conversation
    Mexico’s Pacific Coast more outages as another hurricane barrels in! Love how the media is keeping quiet! $$ ;)

    https://www.google.ca/amp/s/www.aljazeera.com/amp/news/2021/10/13/hurricane-pamela-makes-landfall-mexico-west-coast

    $BTE $OXY $CPE $RIG $OIH $SU $XOM $CVX $VET $EOG $CNQ $LPI $CLR $CDEV $CPG $ATH $CNQ $USO
  • D
    Dominator
    $BTE.TO conversation
    Who is ready to get rich in the oil and gas sector? 100 oil is coming quickly! 1973 all over again!!!

    $OXY $CPE $RIG $OIH $SU $XOM $CVX $VET $EOG $CNQ $LPI $CLR $CDEV $CPG