Go Pro

Canadian Natural Resources (CNQ) Competitors

Canadian Natural Resources logo
C$68.68 -1.59 (-2.26%)
As of 08/25/2026 04:00 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?

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

Canadian Natural Resources presently has a consensus target price of C$65.65, indicating a potential downside of 4.42%. Ovintiv has a consensus target price of C$75.00, indicating a potential downside of 15.85%. Given Canadian Natural Resources' higher possible upside, equities 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)
6 Hold rating(s)
7 Buy rating(s)
0 Strong Buy rating(s)
2.54
Ovintiv
0 Sell rating(s)
2 Hold rating(s)
1 Buy rating(s)
7 Strong Buy rating(s)
3.50

In the previous week, Canadian Natural Resources had 5 more articles in the media than Ovintiv. MarketBeat recorded 5 mentions for Canadian Natural Resources and 0 mentions for Ovintiv. Canadian Natural Resources' average media sentiment score of 1.13 beat Ovintiv's score of 0.00 indicating that Canadian Natural Resources is being referred to more favorably in the media.

Company Overall Sentiment
Canadian Natural Resources Positive
Ovintiv Neutral

Canadian Natural Resources pays an annual dividend of C$2.43 per share and has a dividend yield of 3.5%. Ovintiv pays an annual dividend of C$1.20 per share and has a dividend yield of 1.3%. Canadian Natural Resources pays out 43.1% of its earnings in the form of a dividend. Ovintiv pays out 33.5% 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.

61.9% of Canadian Natural Resources shares are held by institutional investors. Comparatively, 77.4% of Ovintiv shares are held by institutional investors. 4.3% of Canadian Natural Resources shares are held by company insiders. Comparatively, 0.5% of Ovintiv shares are held by company insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a company is poised for long-term growth.

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$51.40B2.75C$7.52BC$5.6212.22
OvintivC$9.76B2.53C$1.39BC$3.5824.90

Canadian Natural Resources has a beta of 0.271159, indicating that its share price is 73% less volatile than the broader market. Comparatively, Ovintiv has a beta of 0.359913, indicating that its share price is 64% less volatile than the broader market.

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
Canadian Natural Resources24.93% 26.67% 8.80%
Ovintiv 9.51%8.29%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 Tourmaline Oil?

Tourmaline Oil (TSE:TOU) 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.

54.4% of Tourmaline Oil shares are held by institutional investors. Comparatively, 61.9% of Canadian Natural Resources shares are held by institutional investors. 5.1% of Tourmaline Oil 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.

In the previous week, Canadian Natural Resources had 2 more articles in the media than Tourmaline Oil. MarketBeat recorded 5 mentions for Canadian Natural Resources and 3 mentions for Tourmaline Oil. Tourmaline Oil's average media sentiment score of 1.91 beat Canadian Natural Resources' score of 1.13 indicating that Tourmaline Oil is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Tourmaline Oil
2 Very Positive mention(s)
0 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Very Positive
Canadian Natural Resources
4 Very Positive mention(s)
0 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Tourmaline Oil has a beta of -0.285631, indicating that its stock price is 129% less volatile than the broader market. Comparatively, Canadian Natural Resources has a beta of 0.271159, indicating that its stock price is 73% less volatile than the broader market.

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$6.33B3.78C$1.65BC$0.9266.97
Canadian Natural ResourcesC$51.40B2.75C$7.52BC$5.6212.22

Tourmaline Oil presently has a consensus target price of C$70.36, suggesting a potential upside of 14.21%. Canadian Natural Resources has a consensus target price of C$65.65, suggesting a potential downside of 4.42%. Given Tourmaline Oil's stronger consensus rating and higher possible upside, research analysts clearly 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

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 3.2%. Canadian Natural Resources pays an annual dividend of C$2.43 per share and has a dividend yield of 3.5%. 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.

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?

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

In the previous week, Canadian Natural Resources had 3 more articles in the media than Whitecap Resources. MarketBeat recorded 5 mentions for Canadian Natural Resources and 2 mentions for Whitecap Resources. Canadian Natural Resources' average media sentiment score of 1.13 beat Whitecap Resources' score of 0.64 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
Whitecap 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
4 Very Positive mention(s)
0 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Whitecap Resources presently has a consensus target price of C$18.55, indicating a potential upside of 5.91%. Canadian Natural Resources has a consensus target price of C$65.65, indicating a potential downside of 4.42%. Given Whitecap Resources' stronger consensus rating and higher possible 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
Whitecap Resources
0 Sell rating(s)
0 Hold rating(s)
10 Buy rating(s)
3 Strong Buy rating(s)
3.23
Canadian Natural Resources
0 Sell rating(s)
6 Hold rating(s)
7 Buy rating(s)
0 Strong Buy rating(s)
2.54

Whitecap Resources pays an annual dividend of C$0.73 per share and has a dividend yield of 4.2%. Canadian Natural Resources pays an annual dividend of C$2.43 per share and has a dividend yield of 3.5%. Whitecap Resources pays out 65.1% 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.

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
Whitecap Resources19.66% 12.87% 6.86%
Canadian Natural Resources 24.93%26.67%8.80%

Whitecap Resources has a beta of 0.162216, suggesting that its share price is 84% less volatile than the broader market. Comparatively, Canadian Natural Resources has a beta of 0.271159, suggesting that its share price is 73% less volatile than the broader market.

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
Whitecap ResourcesC$8.23B2.59C$860.11MC$1.1215.63
Canadian Natural ResourcesC$51.40B2.75C$7.52BC$5.6212.22

31.3% of Whitecap Resources shares are owned by institutional investors. Comparatively, 61.9% of Canadian Natural Resources shares are owned by institutional investors. 0.8% of Whitecap 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 hedge funds, endowments and large money managers believe a company will outperform the market over the long term.

Summary

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

How does Canadian Natural Resources compare to ARC Resources?

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

Canadian Natural Resources currently has a consensus price target of C$65.65, suggesting a potential downside of 4.42%. ARC Resources has a consensus price target of C$30.35, suggesting a potential downside of 9.55%. Given Canadian Natural Resources' stronger consensus rating and higher probable upside, equities research analysts plainly believe Canadian Natural Resources is more favorable than ARC 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
ARC Resources
1 Sell rating(s)
8 Hold rating(s)
3 Buy rating(s)
1 Strong Buy rating(s)
2.31

61.9% of Canadian Natural Resources shares are held by institutional investors. Comparatively, 37.3% of ARC Resources shares are held by institutional investors. 4.3% of Canadian Natural Resources shares are held by company insiders. Comparatively, 0.4% of ARC Resources shares are held by company insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a stock will outperform the market over the long term.

Canadian Natural Resources has a beta of 0.271159, meaning that its share price is 73% less volatile than the broader market. Comparatively, ARC Resources has a beta of -0.374833, meaning that its share price is 137% 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
Canadian Natural ResourcesC$51.40B2.75C$7.52BC$5.6212.22
ARC ResourcesC$7.81B2.43C$1.11BC$2.4713.58

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
Canadian Natural Resources24.93% 26.67% 8.80%
ARC Resources 19.29%16.64%7.88%

Canadian Natural Resources pays an annual dividend of C$2.43 per share and has a dividend yield of 3.5%. ARC Resources pays an annual dividend of C$0.82 per share and has a dividend yield of 2.4%. Canadian Natural Resources pays out 43.1% of its earnings in the form of a dividend. ARC Resources pays out 33.2% 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, Canadian Natural Resources and Canadian Natural Resources both had 5 articles in the media. Canadian Natural Resources' average media sentiment score of 1.13 beat ARC Resources' score of 0.22 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
4 Very Positive mention(s)
0 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
ARC Resources
2 Very Positive mention(s)
0 Positive mention(s)
3 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral

Summary

Canadian Natural Resources beats ARC Resources on 15 of the 18 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 compare the two companies based on the strength of their earnings, analyst recommendations, media sentiment, institutional ownership, risk, valuation, profitability and dividends.

In the previous week, Canadian Natural Resources had 5 more articles in the media than Strathcona Resources. MarketBeat recorded 5 mentions for Canadian Natural Resources and 0 mentions for Strathcona Resources. Canadian Natural Resources' average media sentiment score of 1.13 beat Strathcona Resources' score of 0.00 indicating that Canadian Natural Resources is being referred to more favorably in the media.

Company Overall Sentiment
Canadian Natural Resources Positive
Strathcona Resources Neutral

Canadian Natural Resources has a beta of 0.271159, indicating that its share price is 73% less volatile than the broader market. Comparatively, Strathcona Resources has a beta of 2.614012, indicating that its share price is 161% more volatile than the broader market.

Canadian Natural Resources pays an annual dividend of C$2.43 per share and has a dividend yield of 3.5%. Strathcona Resources pays an annual dividend of C$1.20 per share and has a dividend yield of 2.9%. 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 presently has a consensus price target of C$65.65, indicating a potential downside of 4.42%. Strathcona Resources has a consensus price target of C$43.00, indicating a potential upside of 2.43%. Given Strathcona Resources' stronger consensus rating and higher possible upside, analysts plainly 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

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$51.40B2.75C$7.52BC$5.6212.22
Strathcona ResourcesC$4.72B1.91C$370.36MC$3.9410.65

61.9% of Canadian Natural Resources shares are held by institutional investors. Comparatively, 7.6% of Strathcona Resources shares are held by institutional investors. 4.3% of Canadian Natural Resources shares are held by insiders. Comparatively, 91.3% of Strathcona Resources shares are held by 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 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%

Summary

Canadian Natural Resources beats Strathcona Resources on 13 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 & Consumable Fuels IndustryEnergy SectorTSE Exchange
Market CapC$141.58BC$11.38BC$9.93BC$12.68B
Dividend Yield3.56%11.19%11.46%6.22%
P/E Ratio12.2216.8020.2139.08
Price / Sales2.75449.68369.5710.49
Price / Cash85.8539.8336.1882.29
Price / Book3.053.213.014.84
Net IncomeC$7.52BC$5.27BC$4.33BC$299.09M
7 Day Performance0.29%0.30%-0.13%0.71%
1 Month Performance4.89%4.02%3.36%5.59%
1 Year Performance62.90%34.75%36.27%32.87%

Canadian Natural Resources Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
CNQ
Canadian Natural Resources
3.5102 of 5 stars
C$68.68
-2.3%
C$65.65
-4.4%
+59.6%C$141.58BC$51.40B12.2210,272
OVV
Ovintiv
1.6799 of 5 stars
C$91.29
-0.9%
C$75.00
-17.8%
+56.0%C$25.25BC$9.76B25.501,740
TOU
Tourmaline Oil
2.8961 of 5 stars
C$62.16
-0.2%
C$70.36
+13.2%
+6.9%C$24.16BC$6.33B67.57389
WCP
Whitecap Resources
3.3984 of 5 stars
C$18.03
-0.6%
C$18.55
+2.9%
+72.0%C$21.92BC$8.23B16.10542
ARX
ARC Resources
1.9633 of 5 stars
C$33.81
-0.1%
C$30.35
-10.2%
+26.4%C$19.13BC$7.81B13.69438

Related Companies and Tools


This page (TSE:CNQ) was last updated on 8/26/2026 by MarketBeat.com Staff.
From Our Partners