HFI Research

HFI Research

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Trade Alert - Long CNQ

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HFI Research
Apr 27, 2026
∙ Paid

Trade Alert

Long 10% in CNQ in the HFI Portfolio.

CNQ is trading at 6.8x EV/FFO at $85/bbl WTI. We don’t think that’s right at all. This is the best Canadian oil producer by a mile with decades of inventory.

Long $500,000 of CNQ at $44.98 or 11,115 shares.

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