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Canadian Natural Resources (CNQ) Competitors

Canadian Natural Resources logo
$49.40 +0.45 (+0.93%)
Closing price 03:59 PM Eastern
Extended Trading
$49.45 +0.05 (+0.09%)
As of 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 investment? We will compare the two companies based on the strength of their dividends, profitability, media sentiment, institutional ownership, risk, analyst recommendations, earnings and valuation.

Diamondback Energy presently has a consensus price target of $218.25, indicating a potential upside of 5.04%. Canadian Natural Resources has a consensus price target of $57.00, indicating a potential upside of 15.38%. Given Canadian Natural Resources' higher possible upside, analysts plainly 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)
4 Hold rating(s)
17 Buy rating(s)
5 Strong Buy rating(s)
3.04
Canadian Natural Resources
0 Sell rating(s)
4 Hold rating(s)
7 Buy rating(s)
1 Strong Buy rating(s)
2.75

Diamondback Energy pays an annual dividend of $4.40 per share and has a dividend yield of 2.1%. Canadian Natural Resources pays an annual dividend of $1.83 per share and has a dividend yield of 3.7%. 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 54.6% 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.

Diamondback Energy has a beta of 0.46, meaning that its share price is 54% less volatile than the broader market. Comparatively, Canadian Natural Resources has a beta of 0.47, meaning that its share price is 53% 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
Diamondback Energy$15.03B3.89$1.66B$0.86241.59
Canadian Natural Resources$31.61B3.25$7.74B$3.3514.75

In the previous week, Diamondback Energy had 16 more articles in the media than Canadian Natural Resources. MarketBeat recorded 22 mentions for Diamondback Energy and 6 mentions for Canadian Natural Resources. Diamondback Energy's average media sentiment score of 1.07 beat Canadian Natural Resources' score of 0.95 indicating that Diamondback Energy is being referred to more favorably in the media.

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

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%

90.0% of Diamondback Energy shares are owned by institutional investors. Comparatively, 74.0% of Canadian Natural Resources shares are owned by institutional investors. 0.6% of Diamondback Energy shares are owned by company insiders. Comparatively, 5.0% of Canadian Natural Resources shares are owned 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.

Summary

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

Cenovus Energy has a beta of 0.37, meaning that its stock price is 63% less volatile than the broader market. Comparatively, Canadian Natural Resources has a beta of 0.47, meaning that its stock price is 53% less volatile than the broader market.

In the previous week, Canadian Natural Resources had 5 more articles in the media than Cenovus Energy. MarketBeat recorded 6 mentions for Canadian Natural Resources and 1 mentions for Cenovus Energy. Canadian Natural Resources' average media sentiment score of 0.95 beat Cenovus Energy's score of 0.95 indicating that Canadian Natural Resources is being referred to more favorably in the news media.

Company Overall Sentiment
Cenovus Energy Positive
Canadian Natural Resources Positive

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$35.57B1.68$2.81B$1.8217.50
Canadian Natural Resources$31.61B3.25$7.74B$3.3514.75

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%

Cenovus Energy currently has a consensus target price of $35.25, indicating a potential upside of 10.70%. Canadian Natural Resources has a consensus target price of $57.00, indicating a potential upside of 15.38%. Given Canadian Natural Resources' higher probable upside, analysts clearly 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)
2 Hold rating(s)
10 Buy rating(s)
2 Strong Buy rating(s)
3.00
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 1.9%. Canadian Natural Resources pays an annual dividend of $1.83 per share and has a dividend yield of 3.7%. Cenovus Energy pays out 32.4% of its earnings in the form of a dividend. Canadian Natural Resources pays out 54.6% 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 large money managers, hedge funds and endowments believe a stock is poised for long-term growth.

Summary

Canadian Natural Resources beats Cenovus Energy on 14 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 superior investment? We will compare the two companies based on the strength of their valuation, risk, dividends, analyst recommendations, institutional ownership, media sentiment, profitability and earnings.

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

In the previous week, Devon Energy had 34 more articles in the media than Canadian Natural Resources. MarketBeat recorded 40 mentions for Devon Energy and 6 mentions for Canadian Natural Resources. Devon Energy's average media sentiment score of 0.96 beat Canadian Natural Resources' score of 0.95 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
4 Very Positive mention(s)
2 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Devon Energy
20 Very Positive mention(s)
9 Positive mention(s)
1 Neutral mention(s)
2 Negative mention(s)
0 Very Negative mention(s)
Positive

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$31.61B3.25$7.74B$3.3514.75
Devon Energy$17.19B1.80$2.64B$3.5913.86

Canadian Natural Resources currently has a consensus price target of $57.00, indicating a potential upside of 15.38%. Devon Energy has a consensus price target of $56.85, indicating a potential upside of 14.28%. Given Canadian Natural Resources' higher probable upside, equities analysts plainly believe Canadian Natural Resources is more favorable than Devon Energy.

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)
5 Hold rating(s)
22 Buy rating(s)
4 Strong Buy rating(s)
2.97

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%

Canadian Natural Resources pays an annual dividend of $1.83 per share and has a dividend yield of 3.7%. Devon Energy pays an annual dividend of $0.96 per share and has a dividend yield of 1.9%. Canadian Natural Resources pays out 54.6% 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 increased its dividend for 24 consecutive years and Devon Energy has increased 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.

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, 0.7% of Devon Energy shares are held by insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a company is poised for long-term growth.

Summary

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

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, hedge funds and endowments believe a company is poised for long-term growth.

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$31.61B3.25$7.74B$3.3514.75
EOG Resources$22.63B3.40$4.98B$10.1614.20

Canadian Natural Resources currently has a consensus target price of $57.00, suggesting a potential upside of 15.38%. EOG Resources has a consensus target price of $154.21, suggesting a potential upside of 6.86%. Given Canadian Natural Resources' stronger consensus rating and higher probable 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)
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)
2 Strong Buy rating(s)
2.55

In the previous week, EOG Resources had 19 more articles in the media than Canadian Natural Resources. MarketBeat recorded 25 mentions for EOG Resources and 6 mentions for Canadian Natural Resources. EOG Resources' average media sentiment score of 1.31 beat Canadian Natural Resources' score of 0.95 indicating that EOG Resources is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Canadian Natural Resources
4 Very Positive mention(s)
2 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
EOG Resources
19 Very Positive mention(s)
4 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

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 0.27, suggesting that its share price is 73% less volatile than the broader market.

Canadian Natural Resources pays an annual dividend of $1.83 per share and has a dividend yield of 3.7%. EOG Resources pays an annual dividend of $4.08 per share and has a dividend yield of 2.8%. Canadian Natural Resources pays out 54.6% 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.

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%

Summary

EOG Resources beats Canadian Natural Resources on 11 of the 20 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 stock? We will contrast the two businesses based on the strength of their media sentiment, risk, analyst recommendations, dividends, profitability, valuation, institutional ownership and earnings.

Canadian Natural Resources pays an annual dividend of $1.83 per share and has a dividend yield of 3.7%. Magnolia Oil & Gas pays an annual dividend of $0.66 per share and has a dividend yield of 2.2%. Canadian Natural Resources pays out 54.6% 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 increased its dividend for 24 consecutive years and Magnolia Oil & Gas has increased 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, Canadian Natural Resources had 2 more articles in the media than Magnolia Oil & Gas. MarketBeat recorded 6 mentions for Canadian Natural Resources and 4 mentions for Magnolia Oil & Gas. Canadian Natural Resources' average media sentiment score of 0.95 beat Magnolia Oil & Gas' score of 0.78 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)
2 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Magnolia Oil & Gas
2 Very Positive mention(s)
0 Positive mention(s)
2 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

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 presently has a consensus target price of $57.00, suggesting a potential upside of 15.38%. Magnolia Oil & Gas has a consensus target price of $31.00, suggesting a potential upside of 2.73%. Given Canadian Natural Resources' stronger consensus rating and higher possible upside, 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)
9 Hold rating(s)
7 Buy rating(s)
1 Strong Buy rating(s)
2.53

Canadian Natural Resources has a beta of 0.47, indicating that its share price is 53% less volatile than the broader market. Comparatively, Magnolia Oil & Gas has a beta of 0.75, indicating that its share price is 25% less volatile than the broader market.

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

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$31.61B3.25$7.74B$3.3514.75
Magnolia Oil & Gas$1.31B4.25$325.25M$1.7217.54

Summary

Canadian Natural Resources beats Magnolia Oil & Gas on 11 of the 18 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$101.83B$13.65B$10.73B$22.83B
Dividend Yield3.74%2.53%10.19%4.11%
P/E Ratio14.7525.2820.9226.70
Price / Sales3.253.701,039.4823.81
Price / Cash8.466.0937.9924.68
Price / Book3.161.604.594.61
Net Income$7.74B$888.75M$4.25B$1.07B
7 Day Performance5.35%4.67%1.42%-1.81%
1 Month Performance15.08%18.45%6.95%-2.17%
1 Year Performance61.72%95.58%55.56%20.97%

Canadian Natural Resources Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
CNQ
Canadian Natural Resources
4.8256 of 5 stars
$49.40
+0.9%
$57.00
+15.4%
+59.3%$101.83B$31.61B14.7510,750
FANG
Diamondback Energy
3.2291 of 5 stars
$196.15
+3.9%
$218.25
+11.3%
+45.7%$55.18B$15.03B228.081,762
CVE
Cenovus Energy
4.2791 of 5 stars
$29.14
+2.6%
$29.67
+1.8%
+130.4%$54.63B$51.89B16.017,211
DVN
Devon Energy
4.129 of 5 stars
$46.71
+2.4%
$55.59
+19.0%
+49.3%$29.02B$16.54B13.012,200
EOG
EOG Resources
4.1165 of 5 stars
$133.26
+2.5%
$154.17
+15.7%
+23.9%$70.98B$23.50B13.123,400

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This page (NYSE:CNQ) was last updated on 5/19/2026 by MarketBeat.com Staff.
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