Canadian Natural
Posted: Fri Mar 10, 2017 1:57 pm
Anyone who places a value on FCF might want to take a look at CNQ after their deal with Shell (and Marathon). The company forecasts 15% CAGR for the next four years and C$4B annual FCF at strip pricing after the 2.3% dividend. They are a very well managed company and will surely squeeze further benefits from the deal. It seems a compelling story to me, but I'd value other people's opinions.
Adam
Adam