Canadian Natural Resources (CNQ) Competitors

Canadian Natural Resources logo
C$56.06 -2.15 (-3.69%)
As of 06/24/2026 04:00 PM Eastern

CNQ vs. SU, IMO, CVE, OVV, and ARX

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 Suncor Energy (SU), Imperial Oil (IMO), Cenovus Energy (CVE), Ovintiv (OVV), and ARC Resources (ARX). These companies are all part of the "petroleum and natural gas" industry.

How does Canadian Natural Resources compare to Suncor Energy?

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

48.1% of Suncor Energy shares are owned by institutional investors. Comparatively, 63.7% of Canadian Natural Resources shares are owned by institutional investors. 0.0% of Suncor Energy shares are owned by insiders. Comparatively, 4.3% of Canadian Natural Resources shares are owned by insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a company will outperform the market over the long term.

Suncor Energy pays an annual dividend of C$2.34 per share and has a dividend yield of 3.0%. Canadian Natural Resources pays an annual dividend of C$2.39 per share and has a dividend yield of 4.3%. Suncor Energy pays out 44.5% of its earnings in the form of a dividend. Canadian Natural Resources pays out 46.3% 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.

In the previous week, Suncor Energy had 2 more articles in the media than Canadian Natural Resources. MarketBeat recorded 5 mentions for Suncor Energy and 3 mentions for Canadian Natural Resources. Canadian Natural Resources' average media sentiment score of 0.82 beat Suncor Energy's score of 0.19 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
Suncor Energy
1 Very Positive mention(s)
1 Positive mention(s)
3 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral
Canadian Natural Resources
2 Very Positive mention(s)
1 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

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

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Suncor EnergyC$54.47B1.68C$7.92BC$5.2614.74
Canadian Natural ResourcesC$44.17B2.65C$7.52BC$5.1610.86

Suncor Energy currently has a consensus target price of C$93.13, suggesting a potential upside of 20.08%. Canadian Natural Resources has a consensus target price of C$63.73, suggesting a potential upside of 13.69%. Given Suncor Energy's stronger consensus rating and higher probable upside, equities research analysts plainly believe Suncor Energy is more favorable than Canadian Natural Resources.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Suncor Energy
0 Sell rating(s)
4 Hold rating(s)
8 Buy rating(s)
0 Strong Buy rating(s)
2.67
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 a net margin of 24.51% compared to Suncor Energy's net margin of 12.17%. Canadian Natural Resources' return on equity of 22.74% beat Suncor Energy's return on equity.

Company Net Margins Return on Equity Return on Assets
Suncor Energy12.17% 14.01% 7.01%
Canadian Natural Resources 24.51%22.74%8.80%

Suncor Energy has a beta of 0.139686, indicating that its share price is 86% less volatile than the broader market. Comparatively, Canadian Natural Resources has a beta of 0.240705, indicating that its share price is 76% less volatile than the broader market.

Summary

Suncor Energy and Canadian Natural Resources tied by winning 9 of the 18 factors compared between the two stocks.

How does Canadian Natural Resources compare to Imperial Oil?

Imperial Oil (TSE:IMO) and Canadian Natural Resources (TSE:CNQ) are both large-cap energy companies, but which is the superior investment? We will contrast the two companies based on the strength of their media sentiment, dividends, analyst recommendations, valuation, profitability, institutional ownership, risk and earnings.

Imperial Oil has a beta of 0.430944, suggesting that its share price is 57% less volatile than the broader market. Comparatively, Canadian Natural Resources has a beta of 0.240705, suggesting that its share price is 76% less volatile than the broader market.

19.5% of Imperial Oil shares are held by institutional investors. Comparatively, 63.7% of Canadian Natural Resources shares are held by institutional investors. 71.3% of Imperial Oil shares are held by company insiders. Comparatively, 4.3% of Canadian Natural Resources shares are held by company insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a company will outperform the market over the long term.

Imperial Oil pays an annual dividend of C$3.03 per share and has a dividend yield of 1.9%. Canadian Natural Resources pays an annual dividend of C$2.39 per share and has a dividend yield of 4.3%. Imperial Oil pays out 51.4% of its earnings in the form of a dividend. Canadian Natural Resources pays out 46.3% 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 is clearly the better dividend stock, given its higher yield and lower payout ratio.

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

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Imperial OilC$45.40B1.71C$4.85BC$5.9027.18
Canadian Natural ResourcesC$44.17B2.65C$7.52BC$5.1610.86

In the previous week, Canadian Natural Resources had 3 more articles in the media than Imperial Oil. MarketBeat recorded 3 mentions for Canadian Natural Resources and 0 mentions for Imperial Oil. Canadian Natural Resources' average media sentiment score of 0.82 beat Imperial Oil's score of 0.00 indicating that Canadian Natural Resources is being referred to more favorably in the news media.

Company Overall Sentiment
Imperial Oil Neutral
Canadian Natural Resources Positive

Imperial Oil presently has a consensus price target of C$137.00, suggesting a potential downside of 14.58%. Canadian Natural Resources has a consensus price target of C$63.73, suggesting a potential upside of 13.69%. Given Canadian Natural Resources' stronger consensus rating and higher possible upside, analysts clearly believe Canadian Natural Resources is more favorable than Imperial Oil.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Imperial Oil
6 Sell rating(s)
4 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
1.40
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 a net margin of 24.51% compared to Imperial Oil's net margin of 6.13%. Canadian Natural Resources' return on equity of 22.74% beat Imperial Oil's return on equity.

Company Net Margins Return on Equity Return on Assets
Imperial Oil6.13% 13.38% 9.78%
Canadian Natural Resources 24.51%22.74%8.80%

Summary

Canadian Natural Resources beats Imperial Oil on 12 of the 18 factors compared between the two stocks.

How does Canadian Natural Resources compare to Cenovus Energy?

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

In the previous week, Canadian Natural Resources had 1 more articles in the media than Cenovus Energy. MarketBeat recorded 3 mentions for Canadian Natural Resources and 2 mentions for Cenovus Energy. Canadian Natural Resources' average media sentiment score of 0.82 beat Cenovus Energy's score of 0.41 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
2 Very Positive mention(s)
1 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Cenovus Energy
0 Very Positive mention(s)
2 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral

Canadian Natural Resources pays an annual dividend of C$2.39 per share and has a dividend yield of 4.3%. Cenovus Energy pays an annual dividend of C$0.80 per share and has a dividend yield of 2.3%. Canadian Natural Resources pays out 46.3% of its earnings in the form of a dividend. Cenovus Energy pays out 31.9% 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.

Canadian Natural Resources currently has a consensus price target of C$63.73, suggesting a potential upside of 13.69%. Cenovus Energy has a consensus price target of C$39.79, suggesting a potential upside of 13.38%. Given Canadian Natural Resources' higher possible upside, equities research analysts plainly 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)
11 Buy rating(s)
2 Strong Buy rating(s)
3.00

Canadian Natural Resources has a net margin of 24.51% compared to Cenovus Energy's net margin of 9.52%. Canadian Natural Resources' return on equity of 22.74% beat Cenovus Energy's return on equity.

Company Net Margins Return on Equity Return on Assets
Canadian Natural Resources24.51% 22.74% 8.80%
Cenovus Energy 9.52%15.23%7.58%

63.7% of Canadian Natural Resources shares are held by institutional investors. Comparatively, 54.7% of Cenovus Energy shares are held by institutional investors. 4.3% of Canadian Natural Resources shares are held by company insiders. Comparatively, 32.0% of Cenovus Energy shares are held by company insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a company is poised for long-term growth.

Canadian Natural Resources has a beta of 0.240705, meaning that its share price is 76% less volatile than the broader market. Comparatively, Cenovus Energy has a beta of 0.154374, meaning that its share price is 85% less volatile than the broader market.

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 ResourcesC$44.17B2.65C$7.52BC$5.1610.86
Cenovus EnergyC$51.89B1.26C$3.69BC$2.5113.98

Summary

Canadian Natural Resources beats Cenovus Energy on 12 of the 19 factors compared between the two stocks.

How does Canadian Natural Resources compare to Ovintiv?

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

Canadian Natural Resources has a beta of 0.240705, suggesting that its share price is 76% less volatile than the broader market. Comparatively, Ovintiv has a beta of 0.435329, suggesting that its share price is 56% less volatile than the broader market.

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

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Canadian Natural ResourcesC$44.17B2.65C$7.52BC$5.1610.86
OvintivC$9.06B2.33C$1.39BC$3.0424.69

63.7% of Canadian Natural Resources shares are owned by institutional investors. Comparatively, 63.0% of Ovintiv shares are owned by institutional investors. 4.3% of Canadian Natural Resources shares are owned by company insiders. Comparatively, 0.5% of Ovintiv shares are owned by company insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a company will outperform the market over the long term.

In the previous week, Ovintiv had 3 more articles in the media than Canadian Natural Resources. MarketBeat recorded 6 mentions for Ovintiv and 3 mentions for Canadian Natural Resources. Canadian Natural Resources' average media sentiment score of 0.82 beat Ovintiv's score of 0.28 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
2 Very Positive mention(s)
1 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Ovintiv
0 Very Positive mention(s)
1 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral

Canadian Natural Resources currently has a consensus price target of C$63.73, suggesting a potential upside of 13.69%. Ovintiv has a consensus price target of C$75.00, suggesting a potential downside of 0.08%. Given Canadian Natural Resources' higher possible upside, analysts plainly believe Canadian Natural Resources is more favorable than Ovintiv.

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
Ovintiv
0 Sell rating(s)
2 Hold rating(s)
1 Buy rating(s)
7 Strong Buy rating(s)
3.50

Canadian Natural Resources pays an annual dividend of C$2.39 per share and has a dividend yield of 4.3%. Ovintiv pays an annual dividend of C$1.20 per share and has a dividend yield of 1.6%. Canadian Natural Resources pays out 46.3% of its earnings in the form of a dividend. Ovintiv pays out 39.5% 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 a net margin of 24.51% compared to Ovintiv's net margin of 8.59%. Canadian Natural Resources' return on equity of 22.74% beat Ovintiv's return on equity.

Company Net Margins Return on Equity Return on Assets
Canadian Natural Resources24.51% 22.74% 8.80%
Ovintiv 8.59%7.13%8.59%

Summary

Canadian Natural Resources beats Ovintiv on 13 of the 19 factors compared between the two stocks.

How does Canadian Natural Resources compare to ARC Resources?

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

ARC Resources has a beta of -0.344271, meaning that its share price is 134% less volatile than the broader market. Comparatively, Canadian Natural Resources has a beta of 0.240705, meaning that its share price is 76% less volatile than the broader market.

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

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
ARC ResourcesC$6.93B2.45C$1.11BC$2.5311.83
Canadian Natural ResourcesC$44.17B2.65C$7.52BC$5.1610.86

Canadian Natural Resources has a net margin of 24.51% compared to ARC Resources' net margin of 22.18%. Canadian Natural Resources' return on equity of 22.74% beat ARC Resources' return on equity.

Company Net Margins Return on Equity Return on Assets
ARC Resources22.18% 17.43% 7.88%
Canadian Natural Resources 24.51%22.74%8.80%

46.7% of ARC Resources shares are owned by institutional investors. Comparatively, 63.7% of Canadian Natural Resources shares are owned by institutional investors. 0.4% of ARC Resources shares are owned by insiders. Comparatively, 4.3% of Canadian Natural Resources shares are owned by insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a company will outperform the market over the long term.

ARC Resources pays an annual dividend of C$0.80 per share and has a dividend yield of 2.7%. Canadian Natural Resources pays an annual dividend of C$2.39 per share and has a dividend yield of 4.3%. ARC Resources pays out 31.6% of its earnings in the form of a dividend. Canadian Natural Resources pays out 46.3% 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.

ARC Resources presently has a consensus target price of C$29.98, indicating a potential upside of 0.14%. Canadian Natural Resources has a consensus target price of C$63.73, indicating a potential upside of 13.69%. Given Canadian Natural Resources' stronger consensus rating and higher possible upside, analysts clearly believe Canadian Natural Resources is more favorable than ARC Resources.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
ARC Resources
1 Sell rating(s)
8 Hold rating(s)
3 Buy rating(s)
1 Strong Buy rating(s)
2.31
Canadian Natural Resources
0 Sell rating(s)
5 Hold rating(s)
7 Buy rating(s)
0 Strong Buy rating(s)
2.58

In the previous week, Canadian Natural Resources had 2 more articles in the media than ARC Resources. MarketBeat recorded 3 mentions for Canadian Natural Resources and 1 mentions for ARC Resources. Canadian Natural Resources' average media sentiment score of 0.82 beat ARC Resources' score of 0.00 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
ARC Resources
0 Very Positive mention(s)
0 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral
Canadian Natural Resources
2 Very Positive mention(s)
1 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Summary

Canadian Natural Resources beats ARC Resources on 16 of the 19 factors compared between the two stocks.

Get Canadian Natural Resources News Delivered to You Automatically

Sign up to receive the latest news and ratings for CNQ and its competitors with MarketBeat's FREE daily newsletter.

Subscribe Now
SMS is currently available in Australia, Belgium, Canada, France, Germany, Ireland, Italy, New Zealand, the Netherlands, Singapore, South Africa, Spain, Switzerland, the United Kingdom, and the United States. By entering your phone number and clicking the sign-up button, you agree to receive periodic text messages from MarketBeat at the phone number you submitted, including texts that may be sent using an automatic telephone dialing system. Message and data rates may apply. Message frequency will vary. Messages will consist of stock alerts, news stories, and partner advertisements/offers. Consent is not a condition of the purchase of any goods or services. Text HELP for help/customer support. Unsubscribe at any time by replying "STOP" to any text message that you receive from MarketBeat or by visiting our mailing preferences page. Read our full terms of service and privacy policy.

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.
Skip Chart

Media Sentiment Over Time

This chart shows the average media sentiment of TSE 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.
Skip Chart

CNQ vs. The Competition

MetricCanadian Natural ResourcesOil & Gas E&P IndustryEnergy SectorTSE Exchange
Market CapC$121.41BC$1.83BC$9.74BC$12.98B
Dividend Yield4.29%7.65%10.51%6.19%
P/E Ratio10.8626.5618.6835.22
Price / Sales2.652,472.65743.4210.20
Price / Cash85.8585.5337.6382.29
Price / Book2.622.294.064.38
Net IncomeC$7.52BC$82.07MC$4.25BC$299.09M
7 Day Performance-3.26%-2.32%-2.25%-2.11%
1 Month Performance-13.49%-9.33%-8.55%-3.38%
1 Year Performance30.25%30.86%31.21%37.21%

Canadian Natural Resources Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
CNQ
Canadian Natural Resources
4.2144 of 5 stars
C$56.06
-3.7%
C$63.73
+13.7%
+29.6%C$121.41BC$44.17B10.8610,272
SU
Suncor Energy
4.3495 of 5 stars
C$79.47
+1.5%
C$93.13
+17.2%
+47.5%C$93.83BC$54.47B15.1116,600
IMO
Imperial Oil
1.2875 of 5 stars
C$161.61
+2.2%
C$137.00
-15.2%
+48.3%C$78.15BC$45.40B27.395,300
CVE
Cenovus Energy
4.2004 of 5 stars
C$36.33
+1.9%
C$39.79
+9.5%
+86.5%C$67.75BC$51.89B14.476,000
OVV
Ovintiv
2.2042 of 5 stars
C$77.15
+3.5%
C$70.00
-9.3%
+41.5%C$21.68BC$9.06B25.381,740

Related Companies and Tools


This page (TSE:CNQ) was last updated on 6/25/2026 by MarketBeat.com Staff.
From Our Partners