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Stock impact report

Should You Buy Suncor or Canadian Natural Resources Now? [Yahoo! Finance Canada]

Canadian Natural Resources Limited (CNQ) 
Last canadian natural resources limited earnings: 3/5 05:00 am Check Earnings Report
US:NYSE Investor Relations: cnrl.com/investor-information
Suncor TSX:SU ) and Canadian Natural Resources TSX:CNQ ) have chalked up nice gains in recent months. Investors who missed the rally are wondering if SU stock or CNQ stock is still attractive and good to buy for a self-directed Tax-Free Savings Account (TFSA) or Registered Retirement Savings Plan (RRSP) portfolio focused on dividends and long-term returns. Suncor Suncor trades near $63 per share at the time of writing, compared to $45 in April, and has more than tripled off the 2020 lows. Investors punished the stock during the pandemic after Suncor surprised the market with a large dividend cut in the early weeks of the crash. The board eventually reversed the cuts, and Suncor has since raised the distribution above the previous level, but it took some time to convince investors to return to the stock. Management has done a good job in the past two years of reducing costs, improving efficiency, and delivering solid production growth. Suncor delivered production of 870,000 ba Show less Read more
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