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Strategies & Market Trends : Dino's Bar & Grill -- Ignore unavailable to you. Want to Upgrade?

To: Goose94 who wrote (121169)	3/3/2022 11:54:16 AM
From: Goose94	Read Replies (1) \| Respond to of 202704

Canadian Natural Resources (CNQ-T) new 52 week high, $76.63

To: Goose94 who wrote (121169)	3/7/2022 2:52:48 PM
From: Goose94	Read Replies (1) \| Respond to of 202704

Canadian Natural Resources (CNQ-T) top pick from David Burrows on BNN.ca Market Call Monday March 7th @ 1200ET Strength in current crude oil prices, coupled with CNQ’s strong balance sheet and operating leverage should allow the company to continue to generate strong cash flow which management had committed to returning to shareholders through regular dividend increases and share buybacks. We’ve seen a change in tide in oil and gas producers in this latest cycle, where the emphasis has been on shareholder returns vs. production growth, this positions CNQ very well with their long-life, low-decline assets as they can invest in moderate production growth and M&A, yet still allocate a substantial portion of FCF towards dividends and share buybacks. The company recently increased its dividend by 28 per cent.