One company to watch is Canadian Natural Resources Ltd. Analysts at Raymond James consider it a good bellwether for the energy sector since it probably does the most capital spending in Western Canada and has the most active rigs across various plays.
The company's Pelican Lake project is hitting record production levels and Canadian Natural owns a vast land base around the facility, allowing it to deploy capital efficiently as it develops new resources. Canadian Natural also owns extensive ...
For those in or close to retirement, Canadian Natural Resources Limited (TSX: CNQ)(NYSE: CNQ) is the perfect investment. One great characteristic of the company is that it pays dividends with a fairly impressive yield.
Energy investors have been rocked by plunging oil prices over the past few months. Canadian Natural Resources Ltd (TSX: CNQ) (NYSE: CNQ), for example, is down 17% from its most recent high due to the bear market in crude oil.
If you want to buy sexy tech stocks to impress your colleagues, then dividend investing isn't for you. But if you prefer owning solid businesses that produce reliable profits, then you'll like this strategy just fine.