Canadian Natural Resources Limited (CNQ): A Strong Investment Case
This article summarizes a bullish outlook on Canadian Natural Resources Limited (CNQ), an energy company engaged in crude oil, natural gas, and NGLs. The analysis highlights CNQ's high quality, undervalued status, dividend coverage even at lower oil prices, and long-term potential fueled by declining US shale activity and strategic asset management. The company's intrinsic value is estimated to be significantly higher than its current trading price.