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.
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.
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.
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.
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.
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.
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.
Canadian Natural Resources Competitors List
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