CNQ Forecast



Bearish<—>Bullish



80% Confidence




Bullish Case: Despite current volatility, CNQ's robust reserves and forward-looking growth strategies support continued dividend increases and potential stock appreciation.




Bearish Case: High implied volatility and recent price corrections underscore overvaluation risks. Sector volatility and environmental pressures could hinder long-term growth.




Potential Outcomes:
  • 45% chance of modest growth driven by dividend support and operational efficiency.
  • 35% potential for stagnation amid sector challenges and market volatility.
  • 20% likelihood of a price correction due to overvaluation and geopolitical factors.



May 15, 2025


Canadian Natural Resources Forecast

CNQ        Canadian Natural Resources











Correlated Assets

Assets that tend to move strongly with CNQ



CVE Forecast + Options Trading Strategies   CVE  Cenovus Energy (0.93)


AEO Forecast + Options Trading Strategies   AEO  American Eagle Outfitters (0.91)


AMD Forecast + Options Trading Strategies   AMD  Advanced Micro Devices (0.91)


STNG Forecast + Options Trading Strategies   STNG  Scorpio Tankers (0.91)


MUR Forecast + Options Trading Strategies   MUR  Murphy Oil (0.9)



Uncorrelated Assets

Assets with little price relationship to CNQ



BA Forecast + Options Trading Strategies   BA  Boeing (-0.0)


APPN Forecast + Options Trading Strategies   APPN  Appian (-0.0)


LU Forecast + Options Trading Strategies   LU  Lufax Holding Ltd (-0.01)


ALLE Forecast + Options Trading Strategies   ALLE  Allegion (0.01)


NGG Forecast + Options Trading Strategies   NGG  National Grid (0.02)



Anticorrelated Assets

Assets that tend to move strongly against CNQ



PPL Forecast + Options Trading Strategies   PPL  PPL (-0.8)


EOSE Forecast + Options Trading Strategies   EOSE  Eos Energy Enterprises (-0.81)


ORI Forecast + Options Trading Strategies   ORI  Old Republic International (-0.83)


COMP Forecast + Options Trading Strategies   COMP  Compass (-0.83)


LRN Forecast + Options Trading Strategies   LRN  Stride (-0.87)









Become a more profitable investor with AI optimized trading strategies






×

Chat with CNQ


 Ask any question about CNQ!