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Canadian Natural Resources (CNQ) Competitors

$75.38
-0.04 (-0.05%)
(As of 05/23/2024 ET)

CNQ vs. EOG, PBR, PXD, OXY, E, CVE, FANG, DVN, CTRA, and TTE

Should you be buying Canadian Natural Resources stock or one of its competitors? The main competitors of Canadian Natural Resources include EOG Resources (EOG), Petróleo Brasileiro S.A. - Petrobras (PBR), Pioneer Natural Resources (PXD), Occidental Petroleum (OXY), ENI (E), Cenovus Energy (CVE), Diamondback Energy (FANG), Devon Energy (DVN), Coterra Energy (CTRA), and TotalEnergies (TTE). These companies are all part of the "crude petroleum & natural gas" industry.

Canadian Natural Resources vs.

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

EOG Resources has a net margin of 30.33% compared to Canadian Natural Resources' net margin of 18.21%. EOG Resources' return on equity of 24.83% beat Canadian Natural Resources' return on equity.

Company Net Margins Return on Equity Return on Assets
Canadian Natural Resources18.21% 20.58% 10.69%
EOG Resources 30.33%24.83%15.82%

EOG Resources received 861 more outperform votes than Canadian Natural Resources when rated by MarketBeat users. Likewise, 72.29% of users gave EOG Resources an outperform vote while only 69.30% of users gave Canadian Natural Resources an outperform vote.

CompanyUnderperformOutperform
Canadian Natural ResourcesOutperform Votes
605
69.30%
Underperform Votes
268
30.70%
EOG ResourcesOutperform Votes
1466
72.29%
Underperform Votes
562
27.71%

In the previous week, EOG Resources had 15 more articles in the media than Canadian Natural Resources. MarketBeat recorded 26 mentions for EOG Resources and 11 mentions for Canadian Natural Resources. Canadian Natural Resources' average media sentiment score of 1.23 beat EOG Resources' score of 0.76 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
4 Very Positive mention(s)
3 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
EOG Resources
9 Very Positive mention(s)
2 Positive mention(s)
4 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Canadian Natural Resources currently has a consensus price target of $94.00, suggesting a potential upside of 24.70%. EOG Resources has a consensus price target of $141.82, suggesting a potential upside of 14.34%. Given Canadian Natural Resources' higher possible upside, research analysts plainly 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)
2 Buy rating(s)
0 Strong Buy rating(s)
2.29
EOG Resources
0 Sell rating(s)
15 Hold rating(s)
7 Buy rating(s)
1 Strong Buy rating(s)
2.39

EOG Resources has lower revenue, but higher earnings than Canadian Natural 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$30.25B2.67$6.10B$5.0215.02
EOG Resources$23.44B3.04$7.59B$12.669.80

Canadian Natural Resources has a beta of 1.52, suggesting that its share price is 52% more volatile than the S&P 500. Comparatively, EOG Resources has a beta of 1.38, suggesting that its share price is 38% more volatile than the S&P 500.

74.0% of Canadian Natural Resources shares are owned by institutional investors. Comparatively, 89.9% of EOG Resources shares are owned by institutional investors. 5.0% of Canadian Natural Resources shares are owned by company insiders. Comparatively, 0.3% of EOG Resources shares are owned by company 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.

Canadian Natural Resources pays an annual dividend of $3.09 per share and has a dividend yield of 4.1%. EOG Resources pays an annual dividend of $3.64 per share and has a dividend yield of 2.9%. Canadian Natural Resources pays out 61.6% of its earnings in the form of a dividend. EOG Resources pays out 28.8% 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.

Summary

EOG Resources beats Canadian Natural Resources on 14 of the 21 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 ResourcesCrude petroleum & natural gas IndustryEnergy SectorNYSE Exchange
Market Cap$80.82B$8.83B$7.84B$17.77B
Dividend Yield4.01%17.07%11.57%3.45%
P/E Ratio15.0215.0015.3524.42
Price / Sales2.674.6997.0710.56
Price / Cash7.487.0211.4819.37
Price / Book2.761.962.885.88
Net Income$6.10B$1.27B$976.52M$976.87M
7 Day Performance-2.19%-3.05%-0.46%-2.31%
1 Month Performance-2.04%-2.79%2.47%2.34%
1 Year Performance32.38%7.62%5.05%21.76%

Canadian Natural Resources Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
EOG
EOG Resources
4.7174 of 5 stars
$128.90
-0.7%
$141.82
+10.0%
+9.3%$74.08B$24.19B10.183,050Insider Selling
PBR
Petróleo Brasileiro S.A. - Petrobras
3.1319 of 5 stars
$15.02
-0.7%
$16.33
+8.7%
+26.3%$97.96B$99.41B4.3746,730Dividend Cut
PXD
Pioneer Natural Resources
3.4306 of 5 stars
$269.62
flat
$264.10
-2.0%
N/A$63.00B$19.36B13.322,213Analyst Forecast
OXY
Occidental Petroleum
3.8921 of 5 stars
$63.35
-0.3%
$71.00
+12.1%
+3.8%$56.17B$28.92B17.3112,570
E
ENI
2.2203 of 5 stars
$31.44
-0.8%
N/A+8.4%$53.07B$102.67B13.5533,142High Trading Volume
CVE
Cenovus Energy
4.7282 of 5 stars
$20.27
+0.5%
$26.67
+31.6%
+19.7%$37.65B$38.67B11.266,925Positive News
FANG
Diamondback Energy
4.6411 of 5 stars
$196.56
-0.6%
$205.95
+4.8%
+44.4%$35.05B$8.41B11.081,023Analyst Revision
Positive News
DVN
Devon Energy
4.845 of 5 stars
$49.78
-0.5%
$58.83
+18.2%
-1.8%$31.46B$15.26B9.501,900Positive News
CTRA
Coterra Energy
4.7249 of 5 stars
$27.84
-2.1%
$33.67
+20.9%
+5.1%$20.72B$5.91B16.09894Positive News
TTE
TotalEnergies
1.7346 of 5 stars
$71.80
-0.9%
$70.75
-1.5%
+14.9%$168.85B$212.60B8.10102,579

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This page (NYSE:CNQ) was last updated on 5/24/2024 by MarketBeat.com Staff

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