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Canadian Natural Resources (CNQ) Competitors

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$46.36 +0.67 (+1.46%)
Closing price 06/8/2026 03:59 PM Eastern
Extended Trading
$46.52 +0.16 (+0.35%)
As of 06/8/2026 07:58 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, CVE, DVN, EOG, and MGY

Should you buy Canadian Natural Resources stock or one of its competitors? MarketBeat compares Canadian Natural Resources with other companies and stocks that may be similar based on industry, sector, market capitalization, business model, investor interest, or shared news coverage. Companies and stocks commonly compared with Canadian Natural Resources include Diamondback Energy (FANG), Cenovus Energy (CVE), Devon Energy (DVN), EOG Resources (EOG), and Magnolia Oil & Gas (MGY). These companies are all part of the "energy" sector.

How does Canadian Natural Resources compare to Diamondback Energy?

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

Diamondback Energy pays an annual dividend of $4.40 per share and has a dividend yield of 2.2%. Canadian Natural Resources pays an annual dividend of $1.81 per share and has a dividend yield of 3.9%. Diamondback Energy pays out 511.6% 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 pays out 54.0% of its earnings in the form of a dividend. Diamondback Energy has raised its dividend for 7 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.

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
Diamondback Energy$15.03B3.71$1.66B$0.86230.47
Canadian Natural Resources$44.17B2.18$7.74B$3.3513.84

Diamondback Energy has a beta of 0.42, suggesting that its share price is 58% less volatile than the broader market. Comparatively, Canadian Natural Resources has a beta of 0.45, suggesting that its share price is 55% less volatile than the broader market.

Canadian Natural Resources has a net margin of 22.04% compared to Diamondback Energy's net margin of 1.87%. Canadian Natural Resources' return on equity of 17.49% beat Diamondback Energy's return on equity.

Company Net Margins Return on Equity Return on Assets
Diamondback Energy1.87% 7.76% 4.67%
Canadian Natural Resources 22.04%17.49%8.37%

In the previous week, Diamondback Energy had 49 more articles in the media than Canadian Natural Resources. MarketBeat recorded 57 mentions for Diamondback Energy and 8 mentions for Canadian Natural Resources. Canadian Natural Resources' average media sentiment score of 1.12 beat Diamondback Energy's score of 0.92 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
Diamondback Energy
23 Very Positive mention(s)
2 Positive mention(s)
5 Neutral mention(s)
2 Negative mention(s)
0 Very Negative mention(s)
Positive
Canadian Natural Resources
7 Very Positive mention(s)
1 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

90.0% of Diamondback Energy shares are held by institutional investors. Comparatively, 74.0% of Canadian Natural Resources shares are held by institutional investors. 0.6% of Diamondback Energy shares are held by insiders. Comparatively, 5.0% of Canadian Natural Resources shares are held by insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a company is poised for long-term growth.

Diamondback Energy presently has a consensus price target of $223.26, indicating a potential upside of 12.65%. Canadian Natural Resources has a consensus price target of $57.00, indicating a potential upside of 22.94%. Given Canadian Natural Resources' higher possible upside, analysts clearly believe Canadian Natural Resources is more favorable than Diamondback Energy.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Diamondback Energy
0 Sell rating(s)
5 Hold rating(s)
16 Buy rating(s)
4 Strong Buy rating(s)
2.96
Canadian Natural Resources
0 Sell rating(s)
4 Hold rating(s)
7 Buy rating(s)
1 Strong Buy rating(s)
2.75

Summary

Canadian Natural Resources beats Diamondback Energy on 13 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 better stock? We will contrast the two businesses based on the strength of their risk, analyst recommendations, media sentiment, profitability, institutional ownership, earnings, valuation and dividends.

Cenovus Energy presently has a consensus target price of $35.25, indicating a potential upside of 22.75%. Canadian Natural Resources has a consensus target price of $57.00, indicating a potential upside of 22.94%. Given Canadian Natural Resources' higher possible upside, analysts plainly believe Canadian Natural Resources is more favorable than Cenovus Energy.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Cenovus Energy
0 Sell rating(s)
1 Hold rating(s)
11 Buy rating(s)
2 Strong Buy rating(s)
3.07
Canadian Natural Resources
0 Sell rating(s)
4 Hold rating(s)
7 Buy rating(s)
1 Strong Buy rating(s)
2.75

Cenovus Energy pays an annual dividend of $0.59 per share and has a dividend yield of 2.1%. Canadian Natural Resources pays an annual dividend of $1.81 per share and has a dividend yield of 3.9%. Cenovus Energy pays out 32.4% of its earnings in the form of a dividend. Canadian Natural Resources pays out 54.0% 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. 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.

Cenovus Energy has a beta of 0.34, indicating that its share price is 66% less volatile than the broader market. Comparatively, Canadian Natural Resources has a beta of 0.45, indicating that its share price is 55% less volatile than the broader market.

Canadian Natural Resources has a net margin of 22.04% compared to Cenovus Energy's net margin of 9.53%. Canadian Natural Resources' return on equity of 17.49% beat Cenovus Energy's return on equity.

Company Net Margins Return on Equity Return on Assets
Cenovus Energy9.53% 15.29% 7.83%
Canadian Natural Resources 22.04%17.49%8.37%

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, large money managers and endowments believe a stock will outperform the market over the long term.

In the previous week, Canadian Natural Resources had 3 more articles in the media than Cenovus Energy. MarketBeat recorded 8 mentions for Canadian Natural Resources and 5 mentions for Cenovus Energy. Canadian Natural Resources' average media sentiment score of 1.12 beat Cenovus Energy's score of 0.92 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
4 Very Positive mention(s)
1 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Canadian Natural Resources
7 Very Positive mention(s)
1 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Canadian Natural Resources has higher revenue and 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$35.57B1.51$2.81B$1.8215.78
Canadian Natural Resources$44.17B2.18$7.74B$3.3513.84

Summary

Canadian Natural Resources beats Cenovus Energy on 15 of the 20 factors compared between the two stocks.

How does Canadian Natural Resources compare to Devon Energy?

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

Canadian Natural Resources has higher revenue and earnings than Devon Energy. Devon 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$44.17B2.18$7.74B$3.3513.84
Devon Energy$17.19B1.63$2.64B$3.5912.56

Canadian Natural Resources has a beta of 0.45, meaning that its share price is 55% less volatile than the broader market. Comparatively, Devon Energy has a beta of 0.38, meaning that its share price is 62% less volatile than the broader market.

74.0% of Canadian Natural Resources shares are held by institutional investors. Comparatively, 69.7% of Devon Energy shares are held by institutional investors. 5.0% of Canadian Natural Resources shares are held by insiders. Comparatively, 4.6% of Devon 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.

Canadian Natural Resources has a net margin of 22.04% compared to Devon Energy's net margin of 13.71%. Canadian Natural Resources' return on equity of 17.49% beat Devon Energy's return on equity.

Company Net Margins Return on Equity Return on Assets
Canadian Natural Resources22.04% 17.49% 8.37%
Devon Energy 13.71%15.22%7.39%

In the previous week, Devon Energy had 31 more articles in the media than Canadian Natural Resources. MarketBeat recorded 39 mentions for Devon Energy and 8 mentions for Canadian Natural Resources. Devon Energy's average media sentiment score of 1.26 beat Canadian Natural Resources' score of 1.12 indicating that Devon Energy is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Canadian Natural Resources
7 Very Positive mention(s)
1 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Devon Energy
27 Very Positive mention(s)
5 Positive mention(s)
2 Neutral mention(s)
2 Negative mention(s)
0 Very Negative mention(s)
Positive

Canadian Natural Resources presently has a consensus price target of $57.00, suggesting a potential upside of 22.94%. Devon Energy has a consensus price target of $58.67, suggesting a potential upside of 30.06%. Given Devon Energy's stronger consensus rating and higher possible upside, analysts plainly believe Devon 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)
4 Hold rating(s)
7 Buy rating(s)
1 Strong Buy rating(s)
2.75
Devon Energy
0 Sell rating(s)
6 Hold rating(s)
23 Buy rating(s)
2 Strong Buy rating(s)
2.87

Canadian Natural Resources pays an annual dividend of $1.81 per share and has a dividend yield of 3.9%. Devon Energy pays an annual dividend of $0.96 per share and has a dividend yield of 2.1%. Canadian Natural Resources pays out 54.0% of its earnings in the form of a dividend. Devon Energy pays out 26.7% 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 and Devon Energy has raised its dividend for 1 consecutive years. Canadian Natural Resources is clearly the better dividend stock, given its higher yield and longer track record of dividend growth.

Summary

Canadian Natural Resources beats Devon Energy on 12 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 better business? We will compare the two businesses based on the strength of their analyst recommendations, valuation, profitability, media sentiment, risk, dividends, earnings and institutional ownership.

EOG Resources has a net margin of 23.01% compared to Canadian Natural Resources' net margin of 22.04%. EOG Resources' return on equity of 19.25% beat Canadian Natural Resources' return on equity.

Company Net Margins Return on Equity Return on Assets
Canadian Natural Resources22.04% 17.49% 8.37%
EOG Resources 23.01%19.25%11.37%

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 insiders. Comparatively, 0.1% of EOG Resources shares are owned by insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a stock is poised for long-term growth.

Canadian Natural Resources pays an annual dividend of $1.81 per share and has a dividend yield of 3.9%. EOG Resources pays an annual dividend of $4.08 per share and has a dividend yield of 2.9%. Canadian Natural Resources pays out 54.0% of its earnings in the form of a dividend. EOG Resources pays out 40.2% 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 and EOG Resources has raised 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 has a beta of 0.45, indicating that its share price is 55% less volatile than the broader market. Comparatively, EOG Resources has a beta of 0.25, indicating that its share price is 75% less volatile than the broader market.

In the previous week, EOG Resources had 44 more articles in the media than Canadian Natural Resources. MarketBeat recorded 52 mentions for EOG Resources and 8 mentions for Canadian Natural Resources. Canadian Natural Resources' average media sentiment score of 1.12 beat EOG Resources' score of 0.80 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
7 Very Positive mention(s)
1 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
EOG Resources
28 Very Positive mention(s)
1 Positive mention(s)
1 Neutral mention(s)
2 Negative mention(s)
1 Very Negative mention(s)
Positive

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$44.17B2.18$7.74B$3.3513.84
EOG Resources$22.63B3.30$4.98B$10.1613.80

Canadian Natural Resources presently has a consensus target price of $57.00, indicating a potential upside of 22.94%. EOG Resources has a consensus target price of $156.32, indicating a potential upside of 11.50%. 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)
4 Hold rating(s)
7 Buy rating(s)
1 Strong Buy rating(s)
2.75
EOG Resources
0 Sell rating(s)
16 Hold rating(s)
13 Buy rating(s)
1 Strong Buy rating(s)
2.50

Summary

Canadian Natural Resources beats EOG Resources on 10 of the 19 factors compared between the two stocks.

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

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

Magnolia Oil & Gas has a net margin of 24.40% compared to Canadian Natural Resources' net margin of 22.04%. Canadian Natural Resources' return on equity of 17.49% beat Magnolia Oil & Gas' return on equity.

Company Net Margins Return on Equity Return on Assets
Canadian Natural Resources22.04% 17.49% 8.37%
Magnolia Oil & Gas 24.40%16.28%11.26%

Canadian Natural Resources pays an annual dividend of $1.81 per share and has a dividend yield of 3.9%. Magnolia Oil & Gas pays an annual dividend of $0.66 per share and has a dividend yield of 2.4%. Canadian Natural Resources pays out 54.0% of its earnings in the form of a dividend. Magnolia Oil & Gas pays out 38.4% 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. Canadian Natural Resources has raised its dividend for 24 consecutive years and Magnolia Oil & Gas has raised its dividend for 3 consecutive years. Canadian Natural Resources is clearly the better dividend stock, given its higher yield and longer track record of dividend growth.

In the previous week, Magnolia Oil & Gas had 8 more articles in the media than Canadian Natural Resources. MarketBeat recorded 16 mentions for Magnolia Oil & Gas and 8 mentions for Canadian Natural Resources. Canadian Natural Resources' average media sentiment score of 1.12 beat Magnolia Oil & Gas' score of 0.57 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
7 Very Positive mention(s)
1 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Magnolia Oil & Gas
4 Very Positive mention(s)
0 Positive mention(s)
4 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

74.0% of Canadian Natural Resources shares are owned by institutional investors. Comparatively, 94.7% of Magnolia Oil & Gas shares are owned by institutional investors. 5.0% of Canadian Natural Resources shares are owned by company insiders. Comparatively, 0.9% of Magnolia Oil & Gas shares are owned by company insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a company is poised for long-term growth.

Canadian Natural Resources currently has a consensus target price of $57.00, suggesting a potential upside of 22.94%. Magnolia Oil & Gas has a consensus target price of $31.42, suggesting a potential upside of 11.91%. Given Canadian Natural Resources' stronger consensus rating and higher possible upside, equities research analysts plainly believe Canadian Natural Resources is more favorable than Magnolia Oil & Gas.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Canadian Natural Resources
0 Sell rating(s)
4 Hold rating(s)
7 Buy rating(s)
1 Strong Buy rating(s)
2.75
Magnolia Oil & Gas
0 Sell rating(s)
10 Hold rating(s)
7 Buy rating(s)
0 Strong Buy rating(s)
2.41

Canadian Natural Resources has a beta of 0.45, meaning that its share price is 55% less volatile than the broader market. Comparatively, Magnolia Oil & Gas has a beta of 0.71, meaning that its share price is 29% less volatile than the broader market.

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

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Canadian Natural Resources$44.17B2.18$7.74B$3.3513.84
Magnolia Oil & Gas$1.31B3.96$325.25M$1.7216.32

Summary

Canadian Natural Resources beats Magnolia Oil & Gas on 11 of the 19 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 IndustryEnergy SectorNYSE Exchange
Market Cap$95.12B$12.75B$10.14B$23.05B
Dividend Yield3.84%2.70%10.43%4.10%
P/E Ratio13.8428.7620.5030.30
Price / Sales2.183.62771.5322.43
Price / Cash7.905.6037.1818.46
Price / Book3.041.494.304.61
Net Income$7.74B$888.75M$4.23B$1.07B
7 Day Performance-1.87%-1.45%-1.75%-2.02%
1 Month Performance4.14%0.59%0.07%-1.20%
1 Year Performance46.66%66.69%44.60%20.56%

Canadian Natural Resources Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
CNQ
Canadian Natural Resources
4.7977 of 5 stars
$46.37
+1.5%
$57.00
+22.9%
+47.0%$95.12B$44.17B13.8410,750
FANG
Diamondback Energy
3.2923 of 5 stars
$199.03
+3.9%
$223.26
+12.2%
+41.0%$55.99B$15.03B231.431,762
CVE
Cenovus Energy
4.1722 of 5 stars
$28.17
+2.2%
$35.25
+25.1%
+112.1%$52.68B$35.57B15.487,211
DVN
Devon Energy
4.8962 of 5 stars
$46.28
+4.0%
$57.96
+25.2%
+39.7%$28.76B$17.19B12.892,200
EOG
EOG Resources
4.0091 of 5 stars
$136.40
+2.3%
$156.39
+14.7%
+23.1%$72.65B$22.63B13.433,400

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This page (NYSE:CNQ) was last updated on 6/9/2026 by MarketBeat.com Staff.
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