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Canadian Natural Resources (CNQ) Competitors

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$49.61 -1.01 (-2.00%)
Closing price 09/18/2026 03:59 PM Eastern
Extended Trading
$49.56 -0.05 (-0.10%)
As of 09/18/2026 07:48 PM Eastern
Extended trading is trading that happens on electronic markets outside of regular trading hours. This is a fair market value extended hours price provided by Massive. Learn more.

CNQ vs. FANG, BTE, CVE, EOG, and MGY

Should you buy Canadian Natural Resources stock or one of its competitors? Canadian Natural Resources's main competitors and comparable companies include Diamondback Energy (FANG), Baytex Energy (BTE), Cenovus Energy (CVE), EOG Resources (EOG), and Magnolia Oil & Gas (MGY). Companies are selected based on similarities in market, industry, and size. These companies are all part of the "oil, gas & consumable fuels" industry.

How does Canadian Natural Resources compare to Diamondback Energy?

Canadian Natural Resources (NYSE:CNQ) and Diamondback Energy (NASDAQ:FANG) are both large-cap energy companies, but which is the superior business? We will compare the two businesses based on the strength of their institutional ownership, valuation, earnings, profitability, analyst recommendations, dividends, media sentiment and risk.

Canadian Natural Resources presently has a consensus target price of $57.00, suggesting a potential upside of 14.90%. Diamondback Energy has a consensus target price of $226.33, suggesting a potential upside of 17.62%. Given Diamondback Energy's stronger consensus rating and higher possible upside, analysts clearly believe Diamondback Energy is more favorable than Canadian Natural Resources.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Canadian Natural Resources
0 Sell rating(s)
5 Hold rating(s)
7 Buy rating(s)
0 Strong Buy rating(s)
2.58
Diamondback Energy
0 Sell rating(s)
5 Hold rating(s)
16 Buy rating(s)
4 Strong Buy rating(s)
2.96

Canadian Natural Resources pays an annual dividend of $1.80 per share and has a dividend yield of 3.6%. Diamondback Energy pays an annual dividend of $4.40 per share and has a dividend yield of 2.3%. Canadian Natural Resources pays out 44.4% of its earnings in the form of a dividend. Diamondback Energy pays out 85.8% 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 raised its dividend for 24 consecutive years and Diamondback Energy has raised its dividend for 7 consecutive years. Canadian Natural Resources is clearly the better dividend stock, given its higher yield and longer track record of dividend growth.

74.0% of Canadian Natural Resources shares are held by institutional investors. Comparatively, 90.0% of Diamondback Energy shares are held by institutional investors. 5.0% of Canadian Natural Resources shares are held by insiders. Comparatively, 0.6% of Diamondback Energy shares are held by insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a stock will outperform the market over the long term.

In the previous week, Diamondback Energy had 18 more articles in the media than Canadian Natural Resources. MarketBeat recorded 32 mentions for Diamondback Energy and 14 mentions for Canadian Natural Resources. Canadian Natural Resources' average media sentiment score of 1.19 beat Diamondback Energy's score of 0.75 indicating that Canadian Natural Resources is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Canadian Natural Resources
8 Very Positive mention(s)
3 Positive mention(s)
3 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Diamondback Energy
13 Very Positive mention(s)
7 Positive mention(s)
4 Neutral mention(s)
2 Negative mention(s)
1 Very Negative mention(s)
Positive

Canadian Natural Resources has a net margin of 22.78% compared to Diamondback Energy's net margin of 8.58%. Canadian Natural Resources' return on equity of 23.91% beat Diamondback Energy's return on equity.

Company Net Margins Return on Equity Return on Assets
Canadian Natural Resources22.78% 23.91% 11.45%
Diamondback Energy 8.58%10.10%6.16%

Canadian Natural Resources has a beta of 0.47, suggesting that its share price is 53% less volatile than the broader market. Comparatively, Diamondback Energy has a beta of 0.43, suggesting that its share price is 57% less volatile than the broader market.

Canadian Natural Resources has higher revenue and earnings than Diamondback Energy. Canadian Natural Resources is trading at a lower price-to-earnings ratio than Diamondback Energy, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Canadian Natural Resources$31.61B3.24$7.74B$4.0512.25
Diamondback Energy$15.03B3.59$1.66B$5.1337.51

Summary

Canadian Natural Resources beats Diamondback Energy on 11 of the 20 factors compared between the two stocks.

How does Canadian Natural Resources compare to Baytex Energy?

Canadian Natural Resources (NYSE:CNQ) and Baytex Energy (NYSE:BTE) are both energy companies, but which is the better investment? We will compare the two businesses based on the strength of their media sentiment, dividends, earnings, valuation, institutional ownership, risk, profitability and analyst recommendations.

In the previous week, Canadian Natural Resources had 11 more articles in the media than Baytex Energy. MarketBeat recorded 14 mentions for Canadian Natural Resources and 3 mentions for Baytex Energy. Baytex Energy's average media sentiment score of 1.68 beat Canadian Natural Resources' score of 1.19 indicating that Baytex Energy is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Canadian Natural Resources
8 Very Positive mention(s)
3 Positive mention(s)
3 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Baytex Energy
3 Very Positive mention(s)
0 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Very Positive

Canadian Natural Resources has a beta of 0.47, suggesting that its stock price is 53% less volatile than the broader market. Comparatively, Baytex Energy has a beta of 0.39, suggesting that its stock price is 61% less volatile than the broader market.

Canadian Natural Resources has higher revenue and earnings than Baytex Energy. Baytex Energy is trading at a lower price-to-earnings ratio than Canadian Natural Resources, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Canadian Natural Resources$31.61B3.24$7.74B$4.0512.25
Baytex Energy$2.56B1.31-$432.12M-$0.67N/A

Canadian Natural Resources pays an annual dividend of $1.80 per share and has a dividend yield of 3.6%. Baytex Energy pays an annual dividend of $0.06 per share and has a dividend yield of 1.2%. Canadian Natural Resources pays out 44.4% of its earnings in the form of a dividend. Baytex Energy pays out -9.0% of its earnings in the form of a dividend. Both companies have healthy payout ratios and should be able to cover their dividend payments with earnings for the next several years. Canadian Natural Resources has raised its dividend for 24 consecutive years. Canadian Natural Resources is clearly the better dividend stock, given its higher yield and longer track record of dividend growth.

Canadian Natural Resources has a net margin of 22.78% compared to Baytex Energy's net margin of -26.43%. Canadian Natural Resources' return on equity of 23.91% beat Baytex Energy's return on equity.

Company Net Margins Return on Equity Return on Assets
Canadian Natural Resources22.78% 23.91% 11.45%
Baytex Energy -26.43%-7.77%-4.86%

74.0% of Canadian Natural Resources shares are owned by institutional investors. Comparatively, 46.2% of Baytex Energy shares are owned by institutional investors. 5.0% of Canadian Natural Resources shares are owned by insiders. Comparatively, 0.8% of Baytex Energy shares are owned by insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a stock will outperform the market over the long term.

Canadian Natural Resources currently has a consensus target price of $57.00, indicating a potential upside of 14.90%. Given Canadian Natural Resources' stronger consensus rating and higher possible upside, analysts plainly believe Canadian Natural Resources is more favorable than Baytex Energy.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Canadian Natural Resources
0 Sell rating(s)
5 Hold rating(s)
7 Buy rating(s)
0 Strong Buy rating(s)
2.58
Baytex Energy
1 Sell rating(s)
6 Hold rating(s)
2 Buy rating(s)
2 Strong Buy rating(s)
2.45

Summary

Canadian Natural Resources beats Baytex Energy on 17 of the 20 factors compared between the two stocks.

How does Canadian Natural Resources compare to Cenovus Energy?

Cenovus Energy (NYSE:CVE) and Canadian Natural Resources (NYSE:CNQ) are both large-cap energy companies, but which is the superior investment? We will contrast the two businesses based on the strength of their risk, analyst recommendations, institutional ownership, valuation, dividends, earnings, media sentiment and profitability.

Cenovus Energy currently has a consensus target price of $39.00, suggesting a potential upside of 19.70%. Canadian Natural Resources has a consensus target price of $57.00, suggesting a potential upside of 14.90%. Given Cenovus Energy's stronger consensus rating and higher possible upside, research analysts plainly believe Cenovus Energy is more favorable than Canadian Natural Resources.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Cenovus Energy
0 Sell rating(s)
2 Hold rating(s)
12 Buy rating(s)
1 Strong Buy rating(s)
2.93
Canadian Natural Resources
0 Sell rating(s)
5 Hold rating(s)
7 Buy rating(s)
0 Strong Buy rating(s)
2.58

Canadian Natural Resources has lower revenue, but higher earnings than Cenovus Energy. Canadian Natural Resources is trading at a lower price-to-earnings ratio than Cenovus Energy, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Cenovus Energy$35.57B1.69$2.81B$2.6012.53
Canadian Natural Resources$31.61B3.24$7.74B$4.0512.25

Cenovus Energy has a beta of 0.35, indicating that its share price is 65% less volatile than the broader market. Comparatively, Canadian Natural Resources has a beta of 0.47, indicating that its share price is 53% less volatile than the broader market.

In the previous week, Canadian Natural Resources had 1 more articles in the media than Cenovus Energy. MarketBeat recorded 14 mentions for Canadian Natural Resources and 13 mentions for Cenovus Energy. Canadian Natural Resources' average media sentiment score of 1.19 beat Cenovus Energy's score of 1.14 indicating that Canadian Natural Resources is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Cenovus Energy
7 Very Positive mention(s)
4 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Canadian Natural Resources
8 Very Positive mention(s)
3 Positive mention(s)
3 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Cenovus Energy pays an annual dividend of $0.64 per share and has a dividend yield of 2.0%. Canadian Natural Resources pays an annual dividend of $1.80 per share and has a dividend yield of 3.6%. Cenovus Energy pays out 24.6% of its earnings in the form of a dividend. Canadian Natural Resources pays out 44.4% of its earnings in the form of a dividend. Both companies have healthy payout ratios and should be able to cover their dividend payments with earnings for the next several years. Cenovus Energy has increased its dividend for 4 consecutive years and Canadian Natural Resources has increased its dividend for 24 consecutive years. Canadian Natural Resources is clearly the better dividend stock, given its higher yield and longer track record of dividend growth.

51.2% of Cenovus Energy shares are held by institutional investors. Comparatively, 74.0% of Canadian Natural Resources shares are held by institutional investors. 5.0% of Canadian Natural Resources shares are held by company insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a stock is poised for long-term growth.

Canadian Natural Resources has a net margin of 22.78% compared to Cenovus Energy's net margin of 12.37%. Canadian Natural Resources' return on equity of 23.91% beat Cenovus Energy's return on equity.

Company Net Margins Return on Equity Return on Assets
Cenovus Energy12.37% 21.08% 10.80%
Canadian Natural Resources 22.78%23.91%11.45%

Summary

Canadian Natural Resources beats Cenovus Energy on 13 of the 20 factors compared between the two stocks.

How does Canadian Natural Resources compare to EOG Resources?

Canadian Natural Resources (NYSE:CNQ) and EOG Resources (NYSE:EOG) are both large-cap energy companies, but which is the superior stock? We will contrast the two businesses based on the strength of their valuation, risk, dividends, institutional ownership, analyst recommendations, profitability, earnings and media sentiment.

Canadian Natural Resources pays an annual dividend of $1.80 per share and has a dividend yield of 3.6%. EOG Resources pays an annual dividend of $4.08 per share and has a dividend yield of 2.8%. Canadian Natural Resources pays out 44.4% of its earnings in the form of a dividend. EOG Resources pays out 31.8% of its earnings in the form of a dividend. Both companies have healthy payout ratios and should be able to cover their dividend payments with earnings for the next several years. Canadian Natural Resources has increased its dividend for 24 consecutive years and EOG Resources has increased its dividend for 8 consecutive years. Canadian Natural Resources is clearly the better dividend stock, given its higher yield and longer track record of dividend growth.

Canadian Natural Resources currently has a consensus target price of $57.00, suggesting a potential upside of 14.90%. EOG Resources has a consensus target price of $158.11, suggesting a potential upside of 9.70%. Given Canadian Natural Resources' stronger consensus rating and higher probable upside, equities research analysts clearly believe Canadian Natural Resources is more favorable than EOG Resources.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Canadian Natural Resources
0 Sell rating(s)
5 Hold rating(s)
7 Buy rating(s)
0 Strong Buy rating(s)
2.58
EOG Resources
0 Sell rating(s)
18 Hold rating(s)
11 Buy rating(s)
1 Strong Buy rating(s)
2.43

In the previous week, EOG Resources had 2 more articles in the media than Canadian Natural Resources. MarketBeat recorded 16 mentions for EOG Resources and 14 mentions for Canadian Natural Resources. Canadian Natural Resources' average media sentiment score of 1.19 beat EOG Resources' score of 0.68 indicating that Canadian Natural Resources is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Canadian Natural Resources
8 Very Positive mention(s)
3 Positive mention(s)
3 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
EOG Resources
9 Very Positive mention(s)
2 Positive mention(s)
2 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Positive

EOG Resources has a net margin of 25.44% compared to Canadian Natural Resources' net margin of 22.78%. Canadian Natural Resources' return on equity of 23.91% beat EOG Resources' return on equity.

Company Net Margins Return on Equity Return on Assets
Canadian Natural Resources22.78% 23.91% 11.45%
EOG Resources 25.44%23.44%13.58%

Canadian Natural Resources has a beta of 0.47, suggesting that its share price is 53% less volatile than the broader market. Comparatively, EOG Resources has a beta of 0.26, suggesting that its share price is 74% less volatile than the broader market.

Canadian Natural Resources has higher revenue and earnings than EOG Resources. EOG Resources is trading at a lower price-to-earnings ratio than Canadian Natural Resources, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Canadian Natural Resources$31.61B3.24$7.74B$4.0512.25
EOG Resources$22.63B3.34$4.98B$12.8511.22

74.0% of Canadian Natural Resources shares are held by institutional investors. Comparatively, 89.9% of EOG Resources shares are held by institutional investors. 5.0% of Canadian Natural Resources shares are held by company insiders. Comparatively, 0.1% of EOG Resources shares are held by company insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a company will outperform the market over the long term.

Summary

Canadian Natural Resources beats EOG Resources on 11 of the 20 factors compared between the two stocks.

How does Canadian Natural Resources compare to Magnolia Oil & Gas?

Magnolia Oil & Gas (NYSE:MGY) and Canadian Natural Resources (NYSE:CNQ) are both energy companies, but which is the better business? We will contrast the two businesses based on the strength of their analyst recommendations, profitability, institutional ownership, risk, dividends, media sentiment, valuation and earnings.

Magnolia Oil & Gas has a beta of 0.7, indicating that its share price is 30% less volatile than the broader market. Comparatively, Canadian Natural Resources has a beta of 0.47, indicating that its share price is 53% less volatile than the broader market.

In the previous week, Canadian Natural Resources had 9 more articles in the media than Magnolia Oil & Gas. MarketBeat recorded 14 mentions for Canadian Natural Resources and 5 mentions for Magnolia Oil & Gas. Canadian Natural Resources' average media sentiment score of 1.19 beat Magnolia Oil & Gas' score of 0.77 indicating that Canadian Natural Resources is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Magnolia Oil & Gas
0 Very Positive mention(s)
2 Positive mention(s)
2 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Canadian Natural Resources
8 Very Positive mention(s)
3 Positive mention(s)
3 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Magnolia Oil & Gas has a net margin of 28.77% compared to Canadian Natural Resources' net margin of 22.78%. Canadian Natural Resources' return on equity of 23.91% beat Magnolia Oil & Gas' return on equity.

Company Net Margins Return on Equity Return on Assets
Magnolia Oil & Gas28.77% 21.04% 14.46%
Canadian Natural Resources 22.78%23.91%11.45%

94.7% of Magnolia Oil & Gas shares are held by institutional investors. Comparatively, 74.0% of Canadian Natural Resources shares are held by institutional investors. 0.9% of Magnolia Oil & Gas shares are held by insiders. Comparatively, 5.0% of Canadian Natural Resources shares are held by insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a company will outperform the market over the long term.

Canadian Natural Resources has higher revenue and earnings than Magnolia Oil & Gas. Magnolia Oil & Gas is trading at a lower price-to-earnings ratio than Canadian Natural Resources, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Magnolia Oil & Gas$1.31B4.54$325.25M$2.2811.02
Canadian Natural Resources$31.61B3.24$7.74B$4.0512.25

Magnolia Oil & Gas pays an annual dividend of $0.72 per share and has a dividend yield of 2.9%. Canadian Natural Resources pays an annual dividend of $1.80 per share and has a dividend yield of 3.6%. Magnolia Oil & Gas pays out 31.6% of its earnings in the form of a dividend. Canadian Natural Resources pays out 44.4% of its earnings in the form of a dividend. Both companies have healthy payout ratios and should be able to cover their dividend payments with earnings for the next several years. Magnolia Oil & Gas has raised its dividend for 3 consecutive years and Canadian Natural Resources has raised its dividend for 24 consecutive years. Canadian Natural Resources is clearly the better dividend stock, given its higher yield and longer track record of dividend growth.

Magnolia Oil & Gas currently has a consensus price target of $31.71, suggesting a potential upside of 26.25%. Canadian Natural Resources has a consensus price target of $57.00, suggesting a potential upside of 14.90%. Given Magnolia Oil & Gas' stronger consensus rating and higher possible upside, equities analysts plainly believe Magnolia Oil & Gas is more favorable than Canadian Natural Resources.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Magnolia Oil & Gas
0 Sell rating(s)
6 Hold rating(s)
10 Buy rating(s)
2 Strong Buy rating(s)
2.78
Canadian Natural Resources
0 Sell rating(s)
5 Hold rating(s)
7 Buy rating(s)
0 Strong Buy rating(s)
2.58

Summary

Magnolia Oil & Gas and Canadian Natural Resources tied by winning 10 of the 20 factors compared between the two stocks.

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New MarketBeat Followers Over Time

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.
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Media Sentiment Over Time

This chart shows the average media sentiment of NYSE 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.
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CNQ vs. The Competition

MetricCanadian Natural ResourcesOil, Gas & Consumable Fuels IndustryEnergy SectorNYSE Exchange
Market Cap$104.40B$11.60B$10.11B$23.13B
Dividend Yield3.57%10.08%10.55%3.59%
P/E Ratio12.2517.9121.0628.19
Price / Sales3.24634.34518.3020.34
Price / Cash8.7540.0036.2734.53
Price / Book3.254.654.194.67
Net Income$7.74B$5.28B$4.34B$1.07B
7 Day Performance-0.83%5.04%3.66%-1.64%
1 Month Performance0.09%2.50%1.66%-4.25%
1 Year Performance56.94%37.59%38.09%8.32%

Canadian Natural Resources Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
CNQ
Canadian Natural Resources
4.0673 of 5 stars
$49.61
-2.0%
$57.00
+14.9%
+52.5%$104.40B$31.61B12.2510,750
FANG
Diamondback Energy
3.6896 of 5 stars
$193.24
-1.9%
$226.33
+17.1%
+36.8%$54.13B$16.98B37.681,762
BTE
Baytex Energy
3.3356 of 5 stars
$4.82
-0.7%
N/A+94.6%$3.32B$1.91BN/A227
CVE
Cenovus Energy
4.2558 of 5 stars
$32.61
-0.9%
$39.00
+19.6%
+86.6%$60.09B$58.03B12.547,211
EOG
EOG Resources
4.1396 of 5 stars
$144.15
-0.9%
$158.11
+9.7%
+21.8%$75.59B$22.63B11.213,400

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This page (NYSE:CNQ) was last updated on 9/19/2026 by MarketBeat.com Staff.
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