InvestorsHub Logo
Boards
News
Market Data
Markets
Discover
Discover
Subscribe Login/Register
S&P 500
5,431.60
(
-0.04%
)
US TECH 100
19,168.00
(
0.52%
)
Dow Jones
38,589.16
(
-0.15%
)
Brent Oil
82.03
(
-0.12%
)
Bitcoin
66,321.46
(
-0.48%
)
Post# of 29400
Next 10
Reply Private New
Public Reply Private Reply New Post
Keep Last Read
Replies (1) Keep Next 10 Report Keyboard Shortcuts
Replies (1) Next 10 Prev Next

xavierprivas

Send PM Follow Ignore
Followers 6
Posts 162
Boards Moderated 0
Alias Born 09/14/2009

xavierprivas

Re: mr_o post# 23011

Sunday, 11/01/2020 1:47:54 PM

Sunday, November 01, 2020 1:47:54 PM

Post# of 29400
I am not sure CNQ is competitive at all. They lost $310M in 2Q20 and $1592M
for the first six months of 2020.

https://www.cnrl.com/upload/report/132/03/q220-interim.pdf

Their dividend does not seem safe as they sold more bonds $1.5B
to stay liquid but it looks like the same strategy as CVX and XOM with
higher debt and unsustainable dividend. Also there is 15% withholding tax
on Canadian dividend. Might as well buy XOM or CVX.

Public Reply Private Reply New Post
Keep Last Read
Replies (1) Keep Last Read Next 10 Report Keyboard Shortcuts
Replies (1) Next 10 Prev Next

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.

Sign Up