Q: Any reason why there is such a large difference between Imperial Oil (IMO) and Canadian Natural Resources (CNQ) when it comes to the P/E ? Are they not similar companies, in the same field, and both classical names ?
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Investment Q&A
Not investment advice or solicitation to buy/sell securities. Do your own due diligence and/or consult an advisor.
Q: cnq - CNQ has the second largest gas reserves, next to EnCana. No one seems to give much value to that. Do you think we have reached a bottom in the natural gas price, such that this will provide some torque to CNQ?
Q: Hello, Thanks for the excellent responses to everyone's questions, very informative! Can you comment on CNQ, buy, hold or sell?
Q: Peter; Between CVE and CNQ which would you buy at these levels?Thanks.
Rod
Rod
Q: This morning, CNQ had a conference call on its 2013 budget, and only one analyst in attendance, which made for a pretty short question and answer period. This does not look very serious for such a major company. It so happens that the stock is down today much more than its peers (and is down 25% or so for the past year). Comparatively, in a similar conference Friday, COS had 6 analysts in attendance, and this made for a very healthy question and answer period. Is it normal for a major company like CNQ to have only one analyst in attendance for such an event ? This doen't look well prepared, or am I too critical in this regard ?
Q: Considering the recent disappointing quarterly report for CNQ, would you rate it a buy, hold or sell ?
Q: I am invested heavily in CNQ and COS, and might do some diversification progressively. As COS is a one-poney company and CNQ is about 70% in oil and 30% in gas. Would it make sense to sell COS first (notwithstanding its more substantial dividend and its just published rather decent quarterly report), as gas seems on the verge of making a come-back and CNQ has a pretty good track record for the past 20 years ?
Q: Today, the WTI price is 86$ per barrel or so. I believe you are confident the price of oil is more likely to be over 100$ in a not too distant future. If that is so, how can that be reconciled with the current glut of oil, and what scenario do you see ahead ? Also, WTI is a standard not always achieved with the current quality of Canadian crude. Canadian Western Select crude is sold at a much lower price, while light oil crude or synthetic crude are usually much closer to the WTI price. Which Canadian oil producers are likely to fare better in such environment ?
Q: In advance, thanks for your insights. What would you have to say about CNQ?
Q: I'm interested to know your view about CNQ at price of 26 for 2or 3 years term buy and hold.
thanks
thanks
Q: Will the TAR sands CNQ SU CVE ever be a good investment?
They always seem to have a problem.
They always seem to have a problem.