Information Provided By: 
Fly News Breaks for January 28, 2019
CNQ
Jan 28, 2019 | 08:51 EDT
Credit Suisse analyst Manav Gupta started coverage of Canadian Natural with an Outperform rating and a $48 target price. The analyst believes Canadian Natural offers the best growth profile among Canadian upstream producers. The company is in a position to double its oil sands production at favorable economics, he contends. Gupta estimates Canadian Natural will generate $3.4B in cash in 2019 after paying a dividend, which will likely be used for buybacks and further debt reduction.
News For CNQ From the Last 2 Days
