CNQ - Canadian Natural Resources Advantage: Low Breakeven Costs High Reserves And Strong Shareholder Returns

2024-06-26 08:43:08 ET

Summary

• Canadian Natural Resources is the largest Canadian oil company with shares up 162% in the past five years.
• The company operates primarily in Canadian oil sands, has extensive reserves, and benefits from the Trans Mountain Pipeline expansion.
• With vast reserves, a low breakeven price, and a commitment to strong shareholder returns CNQ is a buy.

Introduction

Canadian Natural Resources ( CNQ ) is the largest Canadian oil company. Over the past five years, the shares have risen an amazing 162%, with the shares up almost 9% year-to-date already....

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