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Canadian Natural Resources (CNQ) Competitors

Canadian Natural Resources logo
C$62.85 -2.08 (-3.20%)
As of 04:00 PM Eastern

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

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 Ovintiv (OVV), Tourmaline Oil (TOU), Whitecap Resources (WCP), ARC Resources (ARX), and Strathcona Resources (SCR). 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 better investment? We will contrast the two companies based on the strength of their institutional ownership, earnings, risk, dividends, media sentiment, valuation, analyst recommendations and profitability.

In the previous week, Canadian Natural Resources had 1 more articles in the media than Ovintiv. MarketBeat recorded 2 mentions for Canadian Natural Resources and 1 mentions for Ovintiv. Canadian Natural Resources' average media sentiment score of 1.25 beat Ovintiv's score of 0.75 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
0 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
2 Very Positive mention(s)
0 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Canadian Natural Resources has a net margin of 24.51% compared to Ovintiv's net margin of 9.51%. Canadian Natural Resources' return on equity of 22.74% beat Ovintiv's return on equity.

Company Net Margins Return on Equity Return on Assets
Ovintiv9.51% 8.29% 8.59%
Canadian Natural Resources 24.51%22.74%8.80%

Ovintiv has a beta of 0.389146, indicating that its share price is 61% less volatile than the broader market. Comparatively, Canadian Natural Resources has a beta of 0.271159, indicating that its share price is 73% 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
OvintivC$9.76B2.34C$1.39BC$3.5822.68
Canadian Natural ResourcesC$44.17B2.97C$7.52BC$5.1612.18

75.9% of Ovintiv shares are owned by institutional investors. Comparatively, 61.6% of Canadian Natural Resources shares are owned by institutional investors. 0.5% of Ovintiv 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 stock is poised for long-term growth.

Ovintiv pays an annual dividend of C$1.20 per share and has a dividend yield of 1.5%. Canadian Natural Resources pays an annual dividend of C$2.39 per share and has a dividend yield of 3.8%. Ovintiv pays out 33.5% 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.

Ovintiv currently has a consensus target price of C$75.00, indicating a potential downside of 7.64%. Canadian Natural Resources has a consensus target price of C$64.88, indicating a potential upside of 3.22%. 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)
5 Hold rating(s)
7 Buy rating(s)
0 Strong Buy rating(s)
2.58

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?

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

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
Canadian Natural ResourcesC$44.17B2.97C$7.52BC$5.1612.18
Tourmaline OilC$6.33B3.63C$1.65BC$0.9264.28

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

61.6% of Canadian Natural Resources shares are owned by institutional investors. Comparatively, 53.7% of Tourmaline Oil shares are owned by institutional investors. 4.3% of Canadian Natural Resources shares are owned by company insiders. Comparatively, 5.1% of Tourmaline Oil 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 net margin of 24.51% compared to Tourmaline Oil's net margin of 6.50%. Canadian Natural Resources' return on equity of 22.74% beat Tourmaline Oil's return on equity.

Company Net Margins Return on Equity Return on Assets
Canadian Natural Resources24.51% 22.74% 8.80%
Tourmaline Oil 6.50%2.37%6.26%

In the previous week, Tourmaline Oil had 5 more articles in the media than Canadian Natural Resources. MarketBeat recorded 7 mentions for Tourmaline Oil and 2 mentions for Canadian Natural Resources. Tourmaline Oil's average media sentiment score of 1.36 beat Canadian Natural Resources' score of 1.25 indicating that Tourmaline Oil is being referred to more favorably in the news media.

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

Canadian Natural Resources presently has a consensus target price of C$64.88, indicating a potential upside of 3.22%. Tourmaline Oil has a consensus target price of C$70.36, indicating a potential upside of 18.98%. Given Tourmaline Oil's stronger consensus rating and higher probable upside, analysts plainly believe Tourmaline Oil 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)
5 Hold rating(s)
7 Buy rating(s)
0 Strong Buy rating(s)
2.58
Tourmaline Oil
0 Sell rating(s)
5 Hold rating(s)
2 Buy rating(s)
3 Strong Buy rating(s)
2.80

Canadian Natural Resources pays an annual dividend of C$2.39 per share and has a dividend yield of 3.8%. Tourmaline Oil pays an annual dividend of C$2.00 per share and has a dividend yield of 3.4%. Canadian Natural Resources pays out 46.3% of its earnings in the form of a dividend. 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 is clearly the better dividend stock, given its higher yield and lower payout ratio.

Summary

Canadian Natural Resources beats Tourmaline Oil on 11 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 stock? We will compare the two businesses based on the strength of their valuation, institutional ownership, analyst recommendations, profitability, dividends, risk, media sentiment and earnings.

30.4% of Whitecap Resources shares are owned by institutional investors. Comparatively, 61.6% 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 is poised for long-term growth.

Whitecap Resources has a beta of 0.181996, meaning that its stock price is 82% less volatile than the broader market. Comparatively, Canadian Natural Resources has a beta of 0.271159, meaning that its stock price is 73% less volatile than the broader market.

Canadian Natural Resources has a net margin of 24.51% compared to Whitecap Resources' net margin of 19.66%. Canadian Natural Resources' return on equity of 22.74% 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 24.51%22.74%8.80%

In the previous week, Whitecap Resources had 1 more articles in the media than Canadian Natural Resources. MarketBeat recorded 3 mentions for Whitecap Resources and 2 mentions for Canadian Natural Resources. Canadian Natural Resources' average media sentiment score of 1.25 beat Whitecap Resources' score of 0.24 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
0 Very Positive mention(s)
1 Positive mention(s)
2 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral
Canadian Natural Resources
2 Very Positive mention(s)
0 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Whitecap Resources pays an annual dividend of C$0.73 per share and has a dividend yield of 4.6%. Canadian Natural Resources pays an annual dividend of C$2.39 per share and has a dividend yield of 3.8%. Whitecap Resources pays out 65.1% 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.

Whitecap Resources presently has a consensus target price of C$18.55, suggesting a potential upside of 17.01%. Canadian Natural Resources has a consensus target price of C$64.88, suggesting a potential upside of 3.22%. Given Whitecap Resources' stronger consensus rating and higher possible upside, equities analysts plainly 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)
5 Hold rating(s)
7 Buy rating(s)
0 Strong Buy rating(s)
2.58

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$8.23B2.34C$860.11MC$1.1214.15
Canadian Natural ResourcesC$44.17B2.97C$7.52BC$5.1612.18

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?

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

61.6% of Canadian Natural Resources shares are owned by institutional investors. Comparatively, 37.3% of ARC Resources shares are owned by institutional investors. 4.3% of Canadian Natural Resources shares are owned by company insiders. Comparatively, 0.4% of ARC Resources 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, ARC Resources had 1 more articles in the media than Canadian Natural Resources. MarketBeat recorded 3 mentions for ARC Resources and 2 mentions for Canadian Natural Resources. Canadian Natural Resources' average media sentiment score of 1.25 beat ARC Resources' score of 0.50 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)
0 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
ARC Resources
0 Very Positive mention(s)
1 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Canadian Natural Resources has a net margin of 24.51% compared to ARC Resources' net margin of 19.29%. Canadian Natural Resources' return on equity of 22.74% beat ARC Resources' return on equity.

Company Net Margins Return on Equity Return on Assets
Canadian Natural Resources24.51% 22.74% 8.80%
ARC Resources 19.29%16.64%7.88%

Canadian Natural Resources pays an annual dividend of C$2.39 per share and has a dividend yield of 3.8%. ARC Resources pays an annual dividend of C$0.82 per share and has a dividend yield of 2.5%. Canadian Natural Resources pays out 46.3% 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.

Canadian Natural Resources currently has a consensus target price of C$64.88, indicating a potential upside of 3.22%. ARC Resources has a consensus target price of C$30.35, indicating a potential downside of 6.23%. Given Canadian Natural Resources' stronger consensus rating and higher possible 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)
5 Hold rating(s)
7 Buy rating(s)
0 Strong Buy rating(s)
2.58
ARC Resources
1 Sell rating(s)
8 Hold rating(s)
3 Buy rating(s)
1 Strong Buy rating(s)
2.31

Canadian Natural Resources has a beta of 0.271159, indicating that its stock price is 73% less volatile than the broader market. Comparatively, ARC Resources has a beta of -0.357321, indicating that its stock price is 136% 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$44.17B2.97C$7.52BC$5.1612.18
ARC ResourcesC$7.81B2.35C$1.11BC$2.4713.10

Summary

Canadian Natural Resources beats ARC Resources on 15 of the 19 factors compared between the two stocks.

How does Canadian Natural Resources compare to Strathcona Resources?

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

Strathcona Resources has a beta of 2.614012, suggesting that its share price is 161% more 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 a net margin of 24.51% compared to Strathcona Resources' net margin of 20.18%. Canadian Natural Resources' return on equity of 22.74% beat Strathcona Resources' return on equity.

Company Net Margins Return on Equity Return on Assets
Strathcona Resources20.18% 13.89% 6.81%
Canadian Natural Resources 24.51%22.74%8.80%

Strathcona Resources pays an annual dividend of C$1.20 per share and has a dividend yield of 3.1%. Canadian Natural Resources pays an annual dividend of C$2.39 per share and has a dividend yield of 3.8%. Strathcona Resources pays out 34.6% 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.

Strathcona Resources presently has a consensus price target of C$43.00, suggesting a potential upside of 10.97%. Canadian Natural Resources has a consensus price target of C$64.88, suggesting a potential upside of 3.22%. Given Strathcona Resources' stronger consensus rating and higher possible upside, equities research analysts clearly believe Strathcona Resources is more favorable than Canadian Natural Resources.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Strathcona Resources
0 Sell rating(s)
1 Hold rating(s)
4 Buy rating(s)
1 Strong Buy rating(s)
3.00
Canadian Natural Resources
0 Sell rating(s)
5 Hold rating(s)
7 Buy rating(s)
0 Strong Buy rating(s)
2.58

7.5% of Strathcona Resources shares are held by institutional investors. Comparatively, 61.6% of Canadian Natural Resources shares are held by institutional investors. 91.3% of Strathcona Resources shares are held by insiders. Comparatively, 4.3% of Canadian Natural Resources shares are held by insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a stock will outperform the market over the long term.

In the previous week, Strathcona Resources and Strathcona Resources both had 2 articles in the media. Canadian Natural Resources' average media sentiment score of 1.25 beat Strathcona Resources' score of 1.11 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
Strathcona Resources
1 Very Positive mention(s)
0 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Canadian Natural Resources
2 Very Positive mention(s)
0 Positive mention(s)
0 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
Strathcona ResourcesC$4.14B2.01C$370.36MC$3.4711.17
Canadian Natural ResourcesC$44.17B2.97C$7.52BC$5.1612.18

Summary

Canadian Natural Resources beats Strathcona Resources on 12 of the 18 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$131.09BC$10.81BC$9.46BC$12.54B
Dividend Yield3.74%11.39%11.64%6.20%
P/E Ratio12.1815.6016.2434.14
Price / Sales2.97456.21374.289.71
Price / Cash85.8539.5636.1082.29
Price / Book2.934.243.854.49
Net IncomeC$7.52BC$5.28BC$4.35BC$299.09M
7 Day Performance-3.77%-0.14%0.55%2.96%
1 Month Performance10.89%2.91%2.71%0.39%
1 Year Performance45.15%30.26%32.34%34.11%

Canadian Natural Resources Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
CNQ
Canadian Natural Resources
3.2111 of 5 stars
C$62.85
-3.2%
C$64.88
+3.2%
+52.0%C$131.09BC$44.17B12.1810,272
OVV
Ovintiv
2.3488 of 5 stars
C$87.49
flat
C$75.00
-14.3%
+57.2%C$24.59BC$9.76B24.441,740
TOU
Tourmaline Oil
4.09 of 5 stars
C$61.91
flat
C$70.36
+13.7%
+5.7%C$24.06BC$6.33B67.29389
WCP
Whitecap Resources
4.0921 of 5 stars
C$16.54
flat
C$18.55
+12.1%
+57.8%C$20.11BC$8.23B14.77542
ARX
ARC Resources
1.887 of 5 stars
C$33.53
flat
C$30.35
-9.5%
+20.9%C$18.99BC$7.81B13.57438

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This page (TSE:CNQ) was last updated on 8/5/2026 by MarketBeat.com Staff.
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