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Canadian Natural Resources (CNQ) Competitors

Canadian Natural Resources logo
$49.07 -0.70 (-1.41%)
As of 08/28/2026 03:58 PM Eastern

CNQ vs. FANG, CVE, DVN, 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), Cenovus Energy (CVE), Devon Energy (DVN), 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 investment? We will compare the two businesses based on the strength of their media sentiment, valuation, earnings, profitability, dividends, risk, analyst recommendations and institutional ownership.

Canadian Natural Resources pays an annual dividend of $1.81 per share and has a dividend yield of 3.7%. Diamondback Energy pays an annual dividend of $4.40 per share and has a dividend yield of 2.2%. Canadian Natural Resources pays out 44.7% 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 increased its dividend for 24 consecutive years and Diamondback Energy has increased 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.

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$31.61B3.20$7.74B$4.0512.12
Diamondback Energy$15.03B3.68$1.66B$5.1338.53

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 endowments, hedge funds and large money managers believe a stock is poised for long-term growth.

Canadian Natural Resources presently has a consensus target price of $57.00, indicating a potential upside of 16.16%. Diamondback Energy has a consensus target price of $222.21, indicating a potential upside of 12.41%. Given Canadian Natural Resources' higher probable upside, equities research analysts plainly believe Canadian Natural Resources is more favorable than Diamondback 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
Diamondback Energy
0 Sell rating(s)
5 Hold rating(s)
15 Buy rating(s)
4 Strong Buy rating(s)
2.96

Canadian Natural Resources has a beta of 0.46, meaning that its stock price is 54% less volatile than the broader market. Comparatively, Diamondback Energy has a beta of 0.43, meaning that its stock price is 57% less volatile than the broader market.

In the previous week, Diamondback Energy had 30 more articles in the media than Canadian Natural Resources. MarketBeat recorded 40 mentions for Diamondback Energy and 10 mentions for Canadian Natural Resources. Diamondback Energy's average media sentiment score of 1.65 beat Canadian Natural Resources' score of 1.17 indicating that Diamondback Energy is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Canadian Natural Resources
6 Very Positive mention(s)
3 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Diamondback Energy
36 Very Positive mention(s)
1 Positive mention(s)
1 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Very 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%

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 Cenovus Energy?

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

Canadian Natural Resources presently has a consensus target price of $57.00, indicating a potential upside of 16.16%. Cenovus Energy has a consensus target price of $36.25, indicating a potential upside of 14.72%. Given Canadian Natural Resources' higher possible upside, research analysts clearly believe Canadian Natural Resources is more favorable than Cenovus 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
Cenovus Energy
0 Sell rating(s)
2 Hold rating(s)
13 Buy rating(s)
1 Strong Buy rating(s)
2.94

Canadian Natural Resources has a beta of 0.46, meaning that its stock price is 54% less volatile than the broader market. Comparatively, Cenovus Energy has a beta of 0.34, meaning that its stock price is 66% less volatile than the broader market.

Canadian Natural Resources pays an annual dividend of $1.81 per share and has a dividend yield of 3.7%. Cenovus Energy pays an annual dividend of $0.64 per share and has a dividend yield of 2.0%. Canadian Natural Resources pays out 44.7% of its earnings in the form of a dividend. Cenovus Energy pays out 24.6% 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. Canadian Natural Resources has increased its dividend for 24 consecutive years and Cenovus Energy has increased its dividend for 4 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, Cenovus Energy had 15 more articles in the media than Canadian Natural Resources. MarketBeat recorded 25 mentions for Cenovus Energy and 10 mentions for Canadian Natural Resources. Cenovus Energy's average media sentiment score of 1.62 beat Canadian Natural Resources' score of 1.17 indicating that Cenovus Energy is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Canadian Natural Resources
6 Very Positive mention(s)
3 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Cenovus Energy
23 Very Positive mention(s)
2 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Very Positive

74.0% of Canadian Natural Resources shares are held by institutional investors. Comparatively, 51.2% of Cenovus Energy shares are held by institutional investors. 5.0% of Canadian Natural Resources shares are held by insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments 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
Canadian Natural Resources22.78% 23.91% 11.45%
Cenovus Energy 12.37%21.08%10.80%

Canadian Natural Resources has higher earnings, but lower revenue 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
Canadian Natural Resources$31.61B3.20$7.74B$4.0512.12
Cenovus Energy$35.57B1.64$2.81B$2.6012.15

Summary

Canadian Natural Resources beats Cenovus Energy on 12 of the 20 factors compared between the two stocks.

How does Canadian Natural Resources compare to Devon Energy?

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

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
Devon Energy$17.19B3.03$2.64B$4.2111.26
Canadian Natural Resources$31.61B3.20$7.74B$4.0512.12

Devon Energy pays an annual dividend of $1.28 per share and has a dividend yield of 2.7%. Canadian Natural Resources pays an annual dividend of $1.81 per share and has a dividend yield of 3.7%. Devon Energy pays out 30.4% of its earnings in the form of a dividend. Canadian Natural Resources pays out 44.7% 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. Devon Energy has raised its dividend for 1 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.

In the previous week, Devon Energy had 29 more articles in the media than Canadian Natural Resources. MarketBeat recorded 39 mentions for Devon Energy and 10 mentions for Canadian Natural Resources. Devon Energy's average media sentiment score of 1.68 beat Canadian Natural Resources' score of 1.17 indicating that Devon Energy is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Devon Energy
37 Very Positive mention(s)
1 Positive mention(s)
0 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Very Positive
Canadian Natural Resources
6 Very Positive mention(s)
3 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

69.7% of Devon Energy shares are held by institutional investors. Comparatively, 74.0% of Canadian Natural Resources shares are held by institutional investors. 4.6% of Devon Energy shares are held by company insiders. Comparatively, 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 will outperform the market over the long term.

Devon Energy has a beta of 0.38, indicating that its share price is 62% less volatile than the broader market. Comparatively, Canadian Natural Resources has a beta of 0.46, indicating that its share price is 54% less volatile than the broader market.

Canadian Natural Resources has a net margin of 22.78% compared to Devon Energy's net margin of 16.67%. Canadian Natural Resources' return on equity of 23.91% beat Devon Energy's return on equity.

Company Net Margins Return on Equity Return on Assets
Devon Energy16.67% 14.93% 7.91%
Canadian Natural Resources 22.78%23.91%11.45%

Devon Energy currently has a consensus target price of $59.15, suggesting a potential upside of 24.74%. Canadian Natural Resources has a consensus target price of $57.00, suggesting a potential upside of 16.16%. Given Devon Energy's stronger consensus rating and higher probable upside, equities research analysts plainly believe Devon Energy is more favorable than Canadian Natural Resources.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Devon Energy
0 Sell rating(s)
5 Hold rating(s)
22 Buy rating(s)
2 Strong Buy rating(s)
2.90
Canadian Natural Resources
0 Sell rating(s)
5 Hold rating(s)
7 Buy rating(s)
0 Strong Buy rating(s)
2.58

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 superior business? We will compare the two businesses based on the strength of their earnings, dividends, risk, institutional ownership, profitability, analyst recommendations, valuation and media sentiment.

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$31.61B3.20$7.74B$4.0512.12
EOG Resources$26.64B2.83$4.98B$12.8511.17

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 presently has a consensus target price of $57.00, indicating a potential upside of 16.16%. EOG Resources has a consensus target price of $156.33, indicating a potential upside of 8.92%. Given Canadian Natural Resources' stronger consensus rating and higher probable upside, equities 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)
7 Buy rating(s)
0 Strong Buy rating(s)
2.58
EOG Resources
0 Sell rating(s)
17 Hold rating(s)
11 Buy rating(s)
1 Strong Buy rating(s)
2.45

Canadian Natural Resources has a beta of 0.46, suggesting that its share price is 54% less volatile than the broader market. Comparatively, EOG Resources has a beta of 0.25, suggesting that its share price is 75% less volatile than the broader market.

In the previous week, EOG Resources had 35 more articles in the media than Canadian Natural Resources. MarketBeat recorded 45 mentions for EOG Resources and 10 mentions for Canadian Natural Resources. EOG Resources' average media sentiment score of 1.32 beat Canadian Natural Resources' score of 1.17 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
6 Very Positive mention(s)
3 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
EOG Resources
37 Very Positive mention(s)
0 Positive mention(s)
3 Neutral mention(s)
3 Negative mention(s)
0 Very Negative mention(s)
Positive

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

Canadian Natural Resources pays an annual dividend of $1.81 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 44.7% 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 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.

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 superior business? We will contrast the two businesses based on the strength of their institutional ownership, earnings, media sentiment, valuation, dividends, profitability, risk and analyst recommendations.

Magnolia Oil & Gas has a beta of 0.72, indicating that its share price is 28% less volatile than the broader market. Comparatively, Canadian Natural Resources has a beta of 0.46, indicating that its share price is 54% less volatile than the broader market.

Magnolia Oil & Gas pays an annual dividend of $0.72 per share and has a dividend yield of 2.7%. Canadian Natural Resources pays an annual dividend of $1.81 per share and has a dividend yield of 3.7%. Magnolia Oil & Gas pays out 31.6% of its earnings in the form of a dividend. Canadian Natural Resources pays out 44.7% 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. Magnolia Oil & Gas has increased its dividend for 3 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.

In the previous week, Canadian Natural Resources had 8 more articles in the media than Magnolia Oil & Gas. MarketBeat recorded 10 mentions for Canadian Natural Resources and 2 mentions for Magnolia Oil & Gas. Canadian Natural Resources' average media sentiment score of 1.17 beat Magnolia Oil & Gas' score of 0.93 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)
1 Positive mention(s)
0 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Positive
Canadian Natural Resources
6 Very Positive mention(s)
3 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

94.7% of Magnolia Oil & Gas shares are owned by institutional investors. Comparatively, 74.0% of Canadian Natural Resources shares are owned by institutional investors. 0.9% of Magnolia Oil & Gas 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 large money managers, hedge funds and endowments believe a company will outperform the market over the long term.

Magnolia Oil & Gas presently has a consensus target price of $31.62, indicating a potential upside of 20.39%. Canadian Natural Resources has a consensus target price of $57.00, indicating a potential upside of 16.16%. Given Magnolia Oil & Gas' stronger consensus rating and higher possible upside, analysts clearly 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)
7 Hold rating(s)
9 Buy rating(s)
1 Strong Buy rating(s)
2.65
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 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$1.31B4.74$325.25M$2.2811.52
Canadian Natural Resources$31.61B3.20$7.74B$4.0512.12

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%

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$102.65B$11.23B$9.82B$24.19B
Dividend Yield3.64%11.20%11.47%3.71%
P/E Ratio12.1216.6420.1230.01
Price / Sales3.20553.04453.1419.52
Price / Cash8.6039.8236.1833.10
Price / Book2.993.273.077.67
Net Income$7.74B$5.27B$4.33B$1.07B
7 Day Performance-4.57%-0.49%-0.69%-0.32%
1 Month Performance5.55%6.12%6.05%2.36%
1 Year Performance54.92%33.40%35.06%13.30%

Canadian Natural Resources Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
CNQ
Canadian Natural Resources
4.4363 of 5 stars
$49.07
-1.4%
$57.00
+16.2%
+55.7%$102.65B$31.61B12.1210,750
FANG
Diamondback Energy
4.2454 of 5 stars
$197.90
-1.3%
$222.21
+12.3%
+32.5%$55.42B$16.98B38.581,762
CVE
Cenovus Energy
3.851 of 5 stars
$31.57
-0.4%
$36.25
+14.8%
+86.2%$58.39B$35.57B12.147,211
DVN
Devon Energy
4.8898 of 5 stars
$47.22
+0.2%
$59.15
+25.3%
+32.2%$51.94B$17.19B11.222,200
EOG
EOG Resources
4.5734 of 5 stars
$143.88
-0.4%
$156.33
+8.7%
+15.5%$75.47B$22.63B11.203,400

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This page (NYSE:CNQ) was last updated on 8/29/2026 by MarketBeat.com Staff.
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