CNQ.T – Hold or Sell?

Thanks for your insight.
Yes, I don't know how successful I will be with this strategy. However, last month it worked with ENB. Captured the divie and made a little on the SP. Sold and purchased CNQ with that money. I don't expect it to work every time but if the companies are good to hold I will do that.
Just purchased some Telus T.to with the same philosophy. I can hold it but could sell on weakness or a correction and then buy cheaper. Ex dividend date is Dec 11 and I have my fingers crossed that the SP holds or appreciates.
Thanks for another prompt reply. Your service is worth the money as I am really just getting started (or reacclimated to self-directed investing).
Cheers

A dividend capture strategy is usually something that few people can pull off to actually get ahead.

A dividend capture strategy in an insanely volatile sector this year (oil and gas) is even more unlikely! But, I'd be very interested to see your end results.

I own Canadian Natural. In my opinion, it's best in class. I'm still generally bearish towards the sector as a whole though, and I'm currently looking to exit out of most of my oil holdings. However, the two that I will more than likely keep are Canadian Natural and our most recent Dividend Bull List stock TC Energy.

If you're looking for exposure to the sector, primarily an oil producer, Canadian Natural would be my choice. But, I wouldn't expect this stock to be turning heads. A return to 2020 highs IS likely. How long it takes to get there is a reasonable question to ask.