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Canadian Natural Resources Limited (CNQ)
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Royal Dutch Shell PLC American Depositary Shares (Each representing two Class B) (RDS.B)
Q: I currently have a position in cnq and wondering if this company is the best way to get exposure to oil. I am targeting a 5% position in my portfolio for oil stocks. I am considering selling this position in favour of Royal Dutch Shell. I am not concerned with the Canadian/us exchange since I hold both currencies. My targeted rate of return is 10% per year over the long run (dividend plus capital appreciation)and a 6% current yield in RDS goes a long way in achieving this return. I am also not concerned with the tax impact so the dividend tax credit is not an issue.
What is your preferred way to hold you exposure to oil? Is there a stock that you prefer to cnq or RDS?
Thanks for your comments.
What is your preferred way to hold you exposure to oil? Is there a stock that you prefer to cnq or RDS?
Thanks for your comments.