CNQ vs. ENB, SU, TRP, CVE, IMO, CCO, PPL, TOU, OVV, and ARX
Should you be buying Canadian Natural Resources stock or one of its competitors? The main competitors of Canadian Natural Resources include Enbridge (ENB), Suncor Energy (SU), TC Energy (TRP), Cenovus Energy (CVE), Imperial Oil (IMO), Cameco (CCO), Pembina Pipeline (PPL), Tourmaline Oil (TOU), Ovintiv (OVV), and ARC Resources (ARX). These companies are all part of the "energy" sector.
Canadian Natural Resources (TSE:CNQ) and Enbridge (TSE:ENB) are both large-cap energy companies, but which is the better business? We will compare the two companies based on the strength of their dividends, analyst recommendations, risk, media sentiment, profitability, institutional ownership, community ranking, valuation and earnings.
Enbridge received 2 more outperform votes than Canadian Natural Resources when rated by MarketBeat users. Likewise, 69.93% of users gave Enbridge an outperform vote while only 59.44% of users gave Canadian Natural Resources an outperform vote.
Canadian Natural Resources has a beta of 1.97, meaning that its stock price is 97% more volatile than the S&P 500. Comparatively, Enbridge has a beta of 0.88, meaning that its stock price is 12% less volatile than the S&P 500.
In the previous week, Enbridge had 13 more articles in the media than Canadian Natural Resources. MarketBeat recorded 21 mentions for Enbridge and 8 mentions for Canadian Natural Resources. Canadian Natural Resources' average media sentiment score of 1.19 beat Enbridge's score of 0.24 indicating that Canadian Natural Resources is being referred to more favorably in the media.
Canadian Natural Resources presently has a consensus target price of C$111.47, indicating a potential upside of 5.49%. Enbridge has a consensus target price of C$53.56, indicating a potential upside of 8.58%. Given Enbridge's higher possible upside, analysts clearly believe Enbridge is more favorable than Canadian Natural Resources.
Canadian Natural Resources pays an annual dividend of C$4.00 per share and has a dividend yield of 3.8%. Enbridge pays an annual dividend of C$3.66 per share and has a dividend yield of 7.4%. Canadian Natural Resources pays out 59.2% of its earnings in the form of a dividend. Enbridge pays out 138.1% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future.
Canadian Natural Resources has a net margin of 20.86% compared to Enbridge's net margin of 13.81%. Canadian Natural Resources' return on equity of 19.01% beat Enbridge's return on equity.
80.0% of Canadian Natural Resources shares are owned by institutional investors. Comparatively, 53.5% of Enbridge shares are owned by institutional investors. 2.2% of Canadian Natural Resources shares are owned by insiders. Comparatively, 0.1% of Enbridge shares are owned by insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a company is poised for long-term growth.
Canadian Natural Resources has higher earnings, but lower revenue than Enbridge. Canadian Natural Resources is trading at a lower price-to-earnings ratio than Enbridge, indicating that it is currently the more affordable of the two stocks.
Summary
Canadian Natural Resources beats Enbridge on 11 of the 18 factors compared between the two stocks.
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This chart shows the number of new MarketBeat users adding CNQ and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
This chart shows the average media sentiment of TSE and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
Canadian Natural Resources Competitors List
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