Top 15 Commodity Producers With the Highest Upside Potential

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1. Canadian Natural Resources Limited (NYSE:CNQ)

Analysts’ Upside Potential as of May 01: 107.47%

A prominent producer of natural gas and crude oil, Canadian Natural Resources Limited (NYSE:CNQ) maintains operations across its primary areas, which include Offshore Africa, Western Canada, and the UK part of the North Sea. The energy company’s steady dividend payments are supported by a solid asset portfolio that includes a well-diversified production mix and long-lasting, low-decline resources. These resources enable the business to maintain operational flexibility and produce steady cash flow even when commodity markets are volatile.

In the most recent quarter, Canadian Natural Resources Limited (NYSE:CNQ) generated over $3.4 billion in operating cash flow, up from $3 billion the year before, showing its strong financial position. The business generated $4.5 billion in free cash flow by the end of fiscal 2024. Through dividends and share buybacks, CNQ was able to return $1.7 billion to shareholders as a result of its exceptional cash performance, making it the Best Commodity Stock. 

RBC Capital maintained its Outperform rating on ​​Canadian Natural Resources Limited (NYSE:CNQ)’s shares and increased its price objective from C$62 to C$63. In a research note, the analyst informs investors that the firm’s bullish outlook on the company is a reflection of its strong leadership team, shareholder alignment, free cash flow generation throughout cycles, best-in-class operating performance, and abundant shareholder returns.

Overall, CNQ ranks first among the Top 15 Commodity Producers with the Highest Upside Potential. While we acknowledge the potential of commodity producer companies, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns, and doing so within a shorter time frame. There is an AI stock that went up since the beginning of 2025, while popular AI stocks lost around 25%. If you are looking for an AI stock that is more promising than CNQ but that trades at less than 5 times its earnings, check out our report about this cheapest AI stock.

READ NEXT: 20 Best AI Stock To Buy Now and 30 Best Stocks to Buy Now According to Billionaires.

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