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Canadian Natural Resources (CNQ) Competitors

Canadian Natural Resources logo
C$71.70 +1.76 (+2.52%)
As of 09/15/2026 04:17 PM Eastern

CNQ vs. OVV, TOU, WCP, ARX, and SCR

Should you buy Canadian Natural Resources stock or one of its competitors? Canadian Natural Resources's main competitors and comparable companies include Ovintiv (OVV), Tourmaline Oil (TOU), Whitecap Resources (WCP), ARC Resources (ARX), and Strathcona Resources (SCR). Companies are selected based on similarities in market, industry, and size. These companies are all part of the "oil & gas exploration & production" industry.

How does Canadian Natural Resources compare to Ovintiv?

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

Ovintiv pays an annual dividend of C$1.20 per share and has a dividend yield of 1.3%. Canadian Natural Resources pays an annual dividend of C$2.43 per share and has a dividend yield of 3.4%. Ovintiv pays out 33.5% of its earnings in the form of a dividend. Canadian Natural Resources pays out 43.1% 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.

Ovintiv has a beta of 0.372671, indicating that its stock price is 63% less volatile than the broader market. Comparatively, Canadian Natural Resources has a beta of 0.315864, indicating that its stock price is 68% less volatile than the broader market.

Ovintiv presently has a consensus target price of C$75.00, suggesting a potential downside of 19.49%. Canadian Natural Resources has a consensus target price of C$66.88, suggesting a potential downside of 6.72%. Given Canadian Natural Resources' higher possible upside, analysts clearly believe Canadian Natural Resources is more favorable than Ovintiv.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Ovintiv
0 Sell rating(s)
2 Hold rating(s)
1 Buy rating(s)
7 Strong Buy rating(s)
3.50
Canadian Natural Resources
0 Sell rating(s)
6 Hold rating(s)
7 Buy rating(s)
0 Strong Buy rating(s)
2.54

Canadian Natural Resources has a net margin of 24.93% compared to Ovintiv's net margin of 9.51%. Canadian Natural Resources' return on equity of 26.67% beat Ovintiv's return on equity.

Company Net Margins Return on Equity Return on Assets
Ovintiv9.51% 8.29% 8.59%
Canadian Natural Resources 24.93%26.67%8.80%

77.3% of Ovintiv shares are held by institutional investors. Comparatively, 61.4% of Canadian Natural Resources shares are held by institutional investors. 0.5% of Ovintiv shares are held by insiders. Comparatively, 4.3% of Canadian Natural Resources shares are held by insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a company will outperform the market over the long term.

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
OvintivC$9.76B2.64C$1.39BC$3.5826.02
Canadian Natural ResourcesC$51.40B2.88C$7.52BC$5.6212.76

In the previous week, Ovintiv had 11 more articles in the media than Canadian Natural Resources. MarketBeat recorded 15 mentions for Ovintiv and 4 mentions for Canadian Natural Resources. Canadian Natural Resources' average media sentiment score of 1.04 beat Ovintiv's score of 0.59 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
Ovintiv
2 Very Positive mention(s)
0 Positive mention(s)
4 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
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 Ovintiv on 12 of the 19 factors compared between the two stocks.

How does Canadian Natural Resources compare to Tourmaline Oil?

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

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

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Tourmaline OilC$6.33B3.91C$1.65BC$0.9269.26
Canadian Natural ResourcesC$51.40B2.88C$7.52BC$5.6212.76

Canadian Natural Resources has a net margin of 24.93% compared to Tourmaline Oil's net margin of 6.50%. Canadian Natural Resources' return on equity of 26.67% beat Tourmaline Oil's return on equity.

Company Net Margins Return on Equity Return on Assets
Tourmaline Oil6.50% 2.37% 6.26%
Canadian Natural Resources 24.93%26.67%8.80%

Tourmaline Oil pays an annual dividend of C$2.00 per share and has a dividend yield of 3.1%. Canadian Natural Resources pays an annual dividend of C$2.43 per share and has a dividend yield of 3.4%. Tourmaline Oil pays out 217.4% 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 43.1% of its earnings in the form of a dividend. Canadian Natural Resources is clearly the better dividend stock, given its higher yield and lower payout ratio.

In the previous week, Tourmaline Oil had 2 more articles in the media than Canadian Natural Resources. MarketBeat recorded 6 mentions for Tourmaline Oil and 4 mentions for Canadian Natural Resources. Canadian Natural Resources' average media sentiment score of 1.04 beat Tourmaline Oil's score of 0.65 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
Tourmaline Oil
2 Very Positive mention(s)
1 Positive mention(s)
2 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
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

54.3% of Tourmaline Oil shares are owned by institutional investors. Comparatively, 61.4% of Canadian Natural Resources shares are owned by institutional investors. 5.1% of Tourmaline Oil 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, endowments and large money managers believe a company is poised for long-term growth.

Tourmaline Oil has a beta of -0.264843, suggesting that its share price is 126% less volatile than the broader market. Comparatively, Canadian Natural Resources has a beta of 0.315864, suggesting that its share price is 68% less volatile than the broader market.

Tourmaline Oil currently has a consensus target price of C$70.36, indicating a potential upside of 10.43%. Canadian Natural Resources has a consensus target price of C$66.88, indicating a potential downside of 6.72%. Given Tourmaline Oil's stronger consensus rating and higher probable upside, equities analysts plainly believe Tourmaline Oil is more favorable than Canadian Natural Resources.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Tourmaline Oil
0 Sell rating(s)
5 Hold rating(s)
2 Buy rating(s)
3 Strong Buy rating(s)
2.80
Canadian Natural Resources
0 Sell rating(s)
6 Hold rating(s)
7 Buy rating(s)
0 Strong Buy rating(s)
2.54

Summary

Canadian Natural Resources beats Tourmaline Oil on 12 of the 19 factors compared between the two stocks.

How does Canadian Natural Resources compare to Whitecap Resources?

Canadian Natural Resources (TSE:CNQ) and Whitecap Resources (TSE:WCP) 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, analyst recommendations, valuation, media sentiment, institutional ownership, dividends, profitability and risk.

Canadian Natural Resources has a net margin of 24.93% compared to Whitecap Resources' net margin of 19.66%. Canadian Natural Resources' return on equity of 26.67% beat Whitecap Resources' return on equity.

Company Net Margins Return on Equity Return on Assets
Canadian Natural Resources24.93% 26.67% 8.80%
Whitecap Resources 19.66%12.87%6.86%

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

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Canadian Natural ResourcesC$51.40B2.88C$7.52BC$5.6212.76
Whitecap ResourcesC$8.23B2.85C$860.11MC$1.1217.23

In the previous week, Whitecap Resources had 2 more articles in the media than Canadian Natural Resources. MarketBeat recorded 6 mentions for Whitecap Resources and 4 mentions for Canadian Natural Resources. Canadian Natural Resources' average media sentiment score of 1.04 beat Whitecap Resources' score of 0.86 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
Whitecap Resources
2 Very Positive mention(s)
1 Positive mention(s)
2 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

61.4% of Canadian Natural Resources shares are owned by institutional investors. Comparatively, 31.4% of Whitecap Resources shares are owned by institutional investors. 4.3% of Canadian Natural Resources shares are owned by company insiders. Comparatively, 0.8% of Whitecap Resources shares are owned by company 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 has a beta of 0.315864, indicating that its share price is 68% less volatile than the broader market. Comparatively, Whitecap Resources has a beta of 0.214093, indicating that its share price is 79% less volatile than the broader market.

Canadian Natural Resources presently has a consensus price target of C$66.88, indicating a potential downside of 6.72%. Whitecap Resources has a consensus price target of C$18.82, indicating a potential downside of 2.50%. Given Whitecap Resources' stronger consensus rating and higher probable upside, analysts clearly believe Whitecap Resources is more favorable than Canadian Natural Resources.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Canadian Natural Resources
0 Sell rating(s)
6 Hold rating(s)
7 Buy rating(s)
0 Strong Buy rating(s)
2.54
Whitecap Resources
0 Sell rating(s)
0 Hold rating(s)
10 Buy rating(s)
3 Strong Buy rating(s)
3.23

Canadian Natural Resources pays an annual dividend of C$2.43 per share and has a dividend yield of 3.4%. Whitecap Resources pays an annual dividend of C$0.73 per share and has a dividend yield of 3.8%. Canadian Natural Resources pays out 43.1% of its earnings in the form of a dividend. Whitecap Resources pays out 65.1% 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.

Summary

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

In the previous week, Canadian Natural Resources had 3 more articles in the media than ARC Resources. MarketBeat recorded 4 mentions for Canadian Natural Resources and 1 mentions for ARC Resources. Canadian Natural Resources' average media sentiment score of 1.04 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

36.6% of ARC Resources shares are owned by institutional investors. Comparatively, 61.4% of Canadian Natural Resources shares are owned by institutional investors. 0.4% of ARC Resources shares are owned by company insiders. Comparatively, 4.3% of Canadian Natural Resources shares are owned by company insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a stock is poised for long-term growth.

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$7.81B2.46C$1.11BC$2.4713.73
Canadian Natural ResourcesC$51.40B2.88C$7.52BC$5.6212.76

ARC Resources has a beta of -0.406223, suggesting that its share price is 141% less volatile than the broader market. Comparatively, Canadian Natural Resources has a beta of 0.315864, suggesting that its share price is 68% less volatile than the broader market.

ARC Resources presently has a consensus price target of C$30.35, suggesting a potential downside of 10.51%. Canadian Natural Resources has a consensus price target of C$66.88, suggesting a potential downside of 6.72%. Given Canadian Natural Resources' stronger consensus rating and higher probable upside, analysts plainly 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)
6 Hold rating(s)
7 Buy rating(s)
0 Strong Buy rating(s)
2.54

Canadian Natural Resources has a net margin of 24.93% compared to ARC Resources' net margin of 19.29%. Canadian Natural Resources' return on equity of 26.67% beat ARC Resources' return on equity.

Company Net Margins Return on Equity Return on Assets
ARC Resources19.29% 16.64% 7.88%
Canadian Natural Resources 24.93%26.67%8.80%

ARC Resources pays an annual dividend of C$0.82 per share and has a dividend yield of 2.4%. Canadian Natural Resources pays an annual dividend of C$2.43 per share and has a dividend yield of 3.4%. ARC Resources pays out 33.2% of its earnings in the form of a dividend. Canadian Natural Resources pays out 43.1% 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.

Summary

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

How does Canadian Natural Resources compare to Strathcona Resources?

Canadian Natural Resources (TSE:CNQ) and Strathcona Resources (TSE:SCR) are both energy companies, but which is the superior stock? We will contrast the two businesses based on the strength of their dividends, analyst recommendations, profitability, risk, earnings, media sentiment, valuation and institutional ownership.

Canadian Natural Resources has a net margin of 24.93% compared to Strathcona Resources' net margin of 19.41%. Canadian Natural Resources' return on equity of 26.67% beat Strathcona Resources' return on equity.

Company Net Margins Return on Equity Return on Assets
Canadian Natural Resources24.93% 26.67% 8.80%
Strathcona Resources 19.41%17.02%6.81%

61.4% of Canadian Natural Resources shares are owned by institutional investors. Comparatively, 8.5% of Strathcona Resources shares are owned by institutional investors. 4.3% of Canadian Natural Resources shares are owned by insiders. Comparatively, 91.3% of Strathcona Resources shares are owned by insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a stock will outperform the market over the long term.

Canadian Natural Resources pays an annual dividend of C$2.43 per share and has a dividend yield of 3.4%. Strathcona Resources pays an annual dividend of C$1.20 per share and has a dividend yield of 2.6%. Canadian Natural Resources pays out 43.1% of its earnings in the form of a dividend. Strathcona Resources pays out 30.5% 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 beta of 0.315864, meaning that its share price is 68% less volatile than the broader market. Comparatively, Strathcona Resources has a beta of 2.614012, meaning that its share price is 161% more volatile than the broader market.

In the previous week, Canadian Natural Resources had 2 more articles in the media than Strathcona Resources. MarketBeat recorded 4 mentions for Canadian Natural Resources and 2 mentions for Strathcona Resources. Canadian Natural Resources' average media sentiment score of 1.04 beat Strathcona Resources' score of 0.51 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
Strathcona Resources
1 Very Positive mention(s)
0 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Canadian Natural Resources has higher revenue and earnings than Strathcona Resources. Strathcona 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 ResourcesC$51.40B2.88C$7.52BC$5.6212.76
Strathcona ResourcesC$4.72B2.09C$370.36MC$3.9411.66

Canadian Natural Resources currently has a consensus price target of C$66.88, suggesting a potential downside of 6.72%. Strathcona Resources has a consensus price target of C$43.00, suggesting a potential downside of 6.38%. Given Strathcona Resources' stronger consensus rating and higher probable upside, analysts clearly believe Strathcona Resources is more favorable than Canadian Natural Resources.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Canadian Natural Resources
0 Sell rating(s)
6 Hold rating(s)
7 Buy rating(s)
0 Strong Buy rating(s)
2.54
Strathcona Resources
0 Sell rating(s)
1 Hold rating(s)
4 Buy rating(s)
1 Strong Buy rating(s)
3.00

Summary

Canadian Natural Resources beats Strathcona Resources on 13 of the 19 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 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.
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CNQ vs. The Competition

MetricCanadian Natural ResourcesOil, Gas & Consumable Fuels IndustryEnergy SectorTSE Exchange
Market CapC$147.81BC$11.63BC$10.13BC$12.55B
Dividend Yield3.61%10.09%10.56%6.28%
P/E Ratio12.7618.7821.8938.97
Price / Sales2.88605.48495.039.20
Price / Cash85.8540.0036.2782.29
Price / Book3.184.554.114.58
Net IncomeC$7.52BC$5.28BC$4.34BC$299.09M
7 Day Performance2.18%0.64%0.29%-1.80%
1 Month Performance7.97%5.26%3.73%-2.24%
1 Year Performance62.40%39.19%39.57%21.82%

Canadian Natural Resources Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
CNQ
Canadian Natural Resources
3.8682 of 5 stars
C$71.70
+2.5%
C$66.88
-6.7%
+62.4%C$147.81BC$51.40B12.7610,750
OVV
Ovintiv
2.0905 of 5 stars
C$90.84
+2.8%
C$75.00
-17.4%
+66.2%C$25.13BC$9.76B25.371,465
TOU
Tourmaline Oil
2.6314 of 5 stars
C$62.34
+1.6%
C$70.36
+12.9%
+7.9%C$24.23BC$6.33B67.76544
WCP
Whitecap Resources
3.1178 of 5 stars
C$18.68
+0.8%
C$18.82
+0.7%
+81.2%C$22.71BC$8.23B16.681,045
ARX
ARC Resources
1.3544 of 5 stars
C$33.91
flat
C$30.35
-10.5%
+40.2%C$19.19BC$7.81B13.73438

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This page (TSE:CNQ) was last updated on 9/16/2026 by MarketBeat.com Staff.
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