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NYSE:CNQ

Canadian Natural Resources (CNQ) Competitors

$56.38
+0.20 (+0.36%)
(As of 06/9/2023 ET)
Compare
Today's Range
$55.79
$56.76
50-Day Range
$53.88
$62.01
52-Week Range
$44.45
$66.08
Volume
1.25 million shs
Average Volume
2.11 million shs
Market Capitalization
$61.82 billion
P/E Ratio
8.73
Dividend Yield
4.68%
Price Target
$94.14

CNQ vs. EOG, OXY, E, PXD, PBR, CVE, DVN, FANG, WDS, and EC

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

Canadian Natural Resources vs.

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

87.4% of EOG Resources shares are owned by institutional investors. Comparatively, 70.9% of Canadian Natural Resources shares are owned by institutional investors. 0.3% of EOG Resources 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 is poised for long-term growth.

In the previous week, EOG Resources had 5 more articles in the media than Canadian Natural Resources. MarketBeat recorded 9 mentions for EOG Resources and 4 mentions for Canadian Natural Resources. Canadian Natural Resources' average media sentiment score of 1.37 beat EOG Resources' score of 0.01 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
EOG Resources
2 Very Positive mention(s)
0 Positive mention(s)
2 Neutral mention(s)
0 Negative mention(s)
1 Very Negative mention(s)
Neutral
Canadian Natural Resources
4 Very Positive mention(s)
0 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 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
EOG Resources$25.70 billion2.65$7.76 billion$15.997.27
Canadian Natural Resources$38.10 billion1.62$8.41 billion$6.468.73

EOG Resources has a net margin of 33.83% compared to Canadian Natural Resources' net margin of 20.63%. EOG Resources' return on equity of 30.34% beat Canadian Natural Resources' return on equity.

Company Net Margins Return on Equity Return on Assets
EOG Resources 33.83% 30.34% 18.16%
Canadian Natural Resources 20.63% 29.39% 14.76%

EOG Resources currently has a consensus price target of $149.33, suggesting a potential upside of 28.39%. Canadian Natural Resources has a consensus price target of $94.14, suggesting a potential upside of 66.98%. Given Canadian Natural Resources' higher possible upside, analysts plainly believe Canadian Natural Resources is more favorable than EOG Resources.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
EOG Resources
0 Sell rating(s)
3 Hold rating(s)
19 Buy rating(s)
1 Strong Buy rating(s)
2.91
Canadian Natural Resources
0 Sell rating(s)
2 Hold rating(s)
5 Buy rating(s)
0 Strong Buy rating(s)
2.71

EOG Resources has a beta of 1.54, meaning that its stock price is 54% more volatile than the S&P 500. Comparatively, Canadian Natural Resources has a beta of 1.58, meaning that its stock price is 58% more volatile than the S&P 500.

EOG Resources received 829 more outperform votes than Canadian Natural Resources when rated by MarketBeat users. Likewise, 73.23% of users gave EOG Resources an outperform vote while only 69.84% of users gave Canadian Natural Resources an outperform vote.

CompanyUnderperformOutperform
EOG ResourcesOutperform Votes
1431
73.23%
Underperform Votes
523
26.77%
Canadian Natural ResourcesOutperform Votes
602
69.84%
Underperform Votes
260
30.16%

EOG Resources pays an annual dividend of $3.30 per share and has a dividend yield of 2.8%. Canadian Natural Resources pays an annual dividend of $2.64 per share and has a dividend yield of 4.7%. EOG Resources pays out 20.6% of its earnings in the form of a dividend. Canadian Natural Resources pays out 40.9% 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. EOG Resources has raised its dividend for 6 consecutive years and Canadian Natural Resources has raised its dividend for 1 consecutive years.

Summary

EOG Resources beats Canadian Natural Resources on 14 of the 22 factors compared between the two stocks.


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$61.82B$8.20B$6.32B$15.08B
Dividend Yield4.69%17.14%11.30%3.87%
P/E Ratio8.734.6648.3519.94
Price / Sales1.623.359,005.659.22
Price / Cash3.995.3130.6823.99
Price / Book2.122.578.147.37
Net Income$8.41B$1.96B$1.23B$904.91M
7 Day Performance0.53%1.68%0.66%1.75%
1 Month Performance-1.14%3.07%1.27%3.96%
1 Year Performance-15.41%-18.06%1.50%-4.83%

Canadian Natural Resources Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
EOG
EOG Resources
3.1592 of 5 stars
$112.89
+1.1%
$149.33
+32.3%
-20.3%$66.02B$25.70B7.062,850Insider Selling
OXY
Occidental Petroleum
2.8935 of 5 stars
$59.45
+0.1%
$70.94
+19.3%
-13.5%$53.01B$37.10B6.8111,973Analyst Report
Options Volume
E
ENI
2.054 of 5 stars
$27.92
-0.3%
$16.83
-39.7%
-7.8%$49.86B$140.59B3.7032,188News Coverage
PXD
Pioneer Natural Resources
2.7813 of 5 stars
$203.48
+0.3%
$258.70
+27.1%
-27.1%$47.56B$24.29B7.212,076
PBR
Petróleo Brasileiro S.A. - Petrobras
1.7543 of 5 stars
$12.65
+2.4%
$14.00
+10.7%
-4.6%$82.50B$124.47B2.3445,149Dividend Cut
Analyst Upgrade
Options Volume
CVE
Cenovus Energy
2.5007 of 5 stars
$17.45
+2.4%
$31.88
+82.7%
-29.4%$33.25B$51.46B8.395,998Analyst Upgrade
Positive News
DVN
Devon Energy
3.2031 of 5 stars
$48.95
+1.2%
$69.53
+42.0%
-35.8%$32.01B$19.17B5.341,800Positive News
FANG
Diamondback Energy
3.1962 of 5 stars
$130.96
+0.5%
$178.00
+35.9%
-16.8%$23.60B$9.16B5.42870Analyst Revision
WDS
Woodside Energy Group
1.5662 of 5 stars
$23.12
+0.7%
N/A-6.2%$22.74B$16.82B0.004,427Positive News
EC
Ecopetrol
2.0563 of 5 stars
$10.08
+3.5%
$12.00
+19.0%
-39.1%$20.72B$165.99T2.6018,903

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This page (NYSE:CNQ) was last updated on 6/9/2023 by MarketBeat.com Staff

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