Professional
Added to YB: 2024-06-10
Pitch date: 2024-06-09
CNQ [bullish]
Canadian Natural Resources Limited
+1.94%
current return
Author Info
No bio for this author
Company Info
Canadian Natural Resources Limited engages in the acquisition, exploration, development, production, marketing, and sale of crude oil, natural gas, and natural gas liquids (NGLs) in Western Canada, the United Kingdom sector of the North Sea, and Offshore Africa.
Market Cap
CAD 99.3B
Pitch Price
CAD 44.58
Price Target
N/A
Dividend
4.93%
EV/EBITDA
7.21
P/E
15.06
EV/Sales
3.05
Sector
Oil, Gas and Consumable Fuels
Category
value
AMG Yacktman Focused Fund Portfolio Holding: Canadian Natural Resources Limited
CNQ: Strong Q1 for energy holdings. Bullish on medium-term supply/demand imbalance & capital return to shareholders. CNQ a top pick - well-managed oil sands play with 30-year reserves & lower maintenance capex vs peers. First energy buy in decade for Yacktman.
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