CNQ vs. ENB, PPL, TOU, OVV, WCP, VII, BTE, SDE, FRU, and PEY
Should you be buying Canadian Natural Resources stock or one of its competitors? The main competitors of Canadian Natural Resources include Enbridge (ENB), Pembina Pipeline (PPL), Tourmaline Oil (TOU), Ovintiv (OVV), Whitecap Resources (WCP), Seven Generations Energy (VII), Baytex Energy (BTE), Spartan Delta (SDE), Freehold Royalties (FRU), and Peyto Exploration & Development (PEY). These companies are all part of the "oils/energy" sector.
Canadian Natural Resources vs.
Canadian Natural Resources (TSE:CNQ) and Enbridge (TSE:ENB) are both large-cap oils/energy companies, but which is the superior stock? We will compare the two companies based on the strength of their earnings, analyst recommendations, valuation, community ranking, media sentiment, dividends, risk, profitability and institutional ownership.
78.2% of Canadian Natural Resources shares are owned by institutional investors. Comparatively, 54.0% of Enbridge shares are owned by institutional investors. 2.2% of Canadian Natural Resources shares are owned by company insiders. Comparatively, 0.2% of Enbridge shares are owned by company insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a company is poised for long-term growth.
Canadian Natural Resources has a beta of 2.02, suggesting that its stock price is 102% more volatile than the S&P 500. Comparatively, Enbridge has a beta of 0.88, suggesting that its stock price is 12% less volatile than the S&P 500.
In the previous week, Canadian Natural Resources had 6 more articles in the media than Enbridge. MarketBeat recorded 10 mentions for Canadian Natural Resources and 4 mentions for Enbridge. Enbridge's average media sentiment score of 0.32 beat Canadian Natural Resources' score of -0.42 indicating that Enbridge is being referred to more favorably in the news media.
Canadian Natural Resources currently has a consensus price target of C$91.14, indicating a potential upside of 27.88%. Enbridge has a consensus price target of C$58.23, indicating a potential upside of 15.86%. Given Canadian Natural Resources' stronger consensus rating and higher possible upside, research analysts plainly believe Canadian Natural Resources is more favorable than Enbridge.
Canadian Natural Resources has higher earnings, but lower revenue than Enbridge. Canadian Natural Resources is trading at a lower price-to-earnings ratio than Enbridge, indicating that it is currently the more affordable of the two stocks.
Canadian Natural Resources pays an annual dividend of C$3.60 per share and has a dividend yield of 5.1%. Enbridge pays an annual dividend of C$3.55 per share and has a dividend yield of 7.1%. Canadian Natural Resources pays out 37.8% of its earnings in the form of a dividend. Enbridge pays out 277.3% 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 a net margin of 25.86% compared to Enbridge's net margin of 5.63%. Canadian Natural Resources' return on equity of 29.12% beat Enbridge's return on equity.
Enbridge received 12 more outperform votes than Canadian Natural Resources when rated by MarketBeat users. Likewise, 71.89% of users gave Enbridge an outperform vote while only 60.63% of users gave Canadian Natural Resources an outperform vote.
Summary
Canadian Natural Resources beats Enbridge on 13 of the 20 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 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.
Canadian Natural Resources Competitors List
