Leith Wheeler Comments on Canadian Natural Resources

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Feb 04, 2020

In the Energy sector, oil and gas producers rebounded in the fourth quarter with the 13% rise in oil prices and the improvement in Canadian natural gas prices. Canadian Natural Resources (CNQ, Financial) was up 20.3% as it continues to perform well operationally and is generating strong free cash flow that is being used to pay down debt and repurchase shares.

From Leith Wheeler Funds' fourth-quarter 2019 quarterly review.

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