Uncertainty over the new Alberta NDP government's energy and environment agenda started to hit home Wednesday, when Canadian Natural Resources Ltd. said it would postpone meetings with investors because it cannot finalize its spending plans.
CALGARY - Falling oil prices have led Canadian Natural Resources Ltd. to cut deeper into its 2015 spending plans than expected as the oil and gas major announced Monday a big revision to its capital budget.
Canadian Natural Resources Ltd. (TSX:CNQ)(NYSE:CNQ) and Suncor Energy Inc. (TSX:SU)(NYSE:SU) are getting close to their 12-month lows and long-term energy bulls are wondering if this is the right time to start a new position in these stocks.
Energy stocks are starting to rebound and investors are wondering which names are going to offer the best returns. Canadian Natural Resources Ltd. (TSX:CNQ)(NYSE:CNQ) and Encana Corporation (TSX:ECA)(NYSE:ECA) are possible picks. Let's take a ...