The market is pricing in far more pessimism than the fundamentals justify for these 2 blue-chip dividend stocks. Yields this high from these stocks have historically led to powerful long-term returns. Valuation gaps like this rarely stay open for long, which makes these compelling buys right now.
CNQ targets 3% production growth in 2026 with a C$6.3B budget, disciplined capital and a balanced liquids-gas mix to drive shareholder value.
Canadian Natural Resources offers a compelling dividend growth opportunity, boasting a 5% yield and 25 years of consecutive dividend increases. CNQ's diversified asset base and efficient reserve management drive resilience, even amid regulatory headwinds and a challenging Canadian energy environment. Earnings are projected to dip in 2026 but rebound strongly in 2027, with EPS growth estimates ranging from 17% to 25.9%.
The S&P 500 has delivered an 80% return over the past three years, significantly outperforming energy stocks. Despite a 7% year-to-date gain, energy remains an underperformer compared to the broader market's 18% rise. Energy sector volatility, driven by weak demand and OPEC supply actions, has challenged investors throughout the year.
Canadian Natural Resources is reaffirmed as a Strong Buy, driven by robust free cash flow, resilient assets, and a disciplined capital allocation strategy. Recent acquisitions, notably the AOSP swap with Shell, enhance CNQ's production profile and operational integration, supporting long-term value creation and dividend sustainability. Macro tailwinds include Canada's "Grand Bargain" agreement on emissions, improved industry competitiveness, and strategic exposure to international pricing.
I am upgrading Canadian Natural Resources to 'Strong Buy' as Q3 record production meets surging Asian demand via the TMX pipeline. Geopolitical tensions and sanctions are allowing Canadian oil to displace Russian and US barrels in China. CNQ's technical analysis signals a breakout, supporting a 20–30% upside potential.
CNQ, CVX and KMI offer yields over 4% and stable cash flow - key strengths in a bearish oil market heading into 2026.
Here is how Canadian Natural Resources (CNQ) and Natural Gas Services (NGS) have performed compared to their sector so far this year.
CNQ's 25-year dividend growth streak and disciplined capital allocation show how steady payouts and cost control fuel long-term shareholder strength.
CNQ controls the longest-life, lowest-decline assets in North America, turning oil sands into a structural cash-flow advantage. Breakeven just above $40/bbl, record efficiency gains, and almost no leverage make CNQ one of the safest upstream bets. With 25 years of 21% dividend growth and a cheap valuation, CNQ offers rare upside if oil prices firm up.
CNQ's fresh 52-week high spotlights record production, strong cash flow and disciplined returns fueling its momentum.
Stocks like TTWO, GMED, ROK, CNQ and VICI stand out with strong sales growth expectations despite market uncertainty.