Pick of the Week: ENERGY Sector
$CNQ - (NYSE:CNQ)
Canadian Natural Resources Ltd
Canadian Natural Resources is one of the best positioned oil and gas companies.
With a 15% free cash flow yield at $55/barrel oil, the company can thrive in any price environment.
Canadian Natural Resources boasts a 19-year record of dividend growth at compound annual rate of 21%.
The company's current cheap valuation means that investors can lock in a 4.5% dividend yield; a 61% premium over the company's long-term average yield.
EOY P/T - $38.00 (Bullish).
Gross margin TTM49.68%
Operating margin TTM21.79%
Net Profit margin TTM19.56%
For these reasons it is one of the better performing stocks in the energy sector for 2020
$CNQ - (NYSE:CNQ)
Canadian Natural Resources Ltd
Canadian Natural Resources is one of the best positioned oil and gas companies.
With a 15% free cash flow yield at $55/barrel oil, the company can thrive in any price environment.
Canadian Natural Resources boasts a 19-year record of dividend growth at compound annual rate of 21%.
The company's current cheap valuation means that investors can lock in a 4.5% dividend yield; a 61% premium over the company's long-term average yield.
EOY P/T - $38.00 (Bullish).
Gross margin TTM49.68%
Operating margin TTM21.79%
Net Profit margin TTM19.56%
For these reasons it is one of the better performing stocks in the energy sector for 2020