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Canadian Natural Resources (CNQ) Competitors

$76.82
+1.04 (+1.37%)
(As of 05/31/2024 ET)

CNQ vs. SHEL, TTE, EOG, PXD, OXY, E, CVE, FANG, DVN, and CTRA

Should you be buying Canadian Natural Resources stock or one of its competitors? The main competitors of Canadian Natural Resources include Shell (SHEL), TotalEnergies (TTE), EOG Resources (EOG), Pioneer Natural Resources (PXD), Occidental Petroleum (OXY), ENI (E), Cenovus Energy (CVE), Diamondback Energy (FANG), Devon Energy (DVN), and Coterra Energy (CTRA). These companies are all part of the "crude petroleum & natural gas" industry.

Canadian Natural Resources vs.

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

Canadian Natural Resources has a net margin of 18.21% compared to Canadian Natural Resources' net margin of 5.83%. Shell's return on equity of 20.58% beat Canadian Natural Resources' return on equity.

Company Net Margins Return on Equity Return on Assets
Shell5.83% 13.83% 6.44%
Canadian Natural Resources 18.21%20.58%10.69%

28.6% of Shell shares are owned by institutional investors. Comparatively, 74.0% of Canadian Natural Resources shares are owned by institutional investors. 1.0% of Shell shares are owned by company insiders. Comparatively, 5.0% of Canadian Natural Resources shares are owned by company insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a company will outperform the market over the long term.

Shell pays an annual dividend of $2.75 per share and has a dividend yield of 3.8%. Canadian Natural Resources pays an annual dividend of $3.04 per share and has a dividend yield of 4.0%. Shell pays out 50.7% of its earnings in the form of a dividend. Canadian Natural Resources pays out 60.6% 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. Shell has raised its dividend for 2 consecutive years and Canadian Natural Resources has raised its dividend for 23 consecutive years. Canadian Natural Resources is clearly the better dividend stock, given its higher yield and longer track record of dividend growth.

Shell has a beta of 0.59, suggesting that its share price is 41% less volatile than the S&P 500. Comparatively, Canadian Natural Resources has a beta of 1.52, suggesting that its share price is 52% more volatile than the S&P 500.

In the previous week, Shell had 22 more articles in the media than Canadian Natural Resources. MarketBeat recorded 34 mentions for Shell and 12 mentions for Canadian Natural Resources. Shell's average media sentiment score of 0.99 beat Canadian Natural Resources' score of 0.27 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
Shell
9 Very Positive mention(s)
1 Positive mention(s)
17 Neutral mention(s)
6 Negative mention(s)
1 Very Negative mention(s)
Neutral
Canadian Natural Resources
3 Very Positive mention(s)
2 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Canadian Natural Resources received 317 more outperform votes than Shell when rated by MarketBeat users. Likewise, 69.22% of users gave Canadian Natural Resources an outperform vote while only 64.57% of users gave Shell an outperform vote.

CompanyUnderperformOutperform
ShellOutperform Votes
288
64.57%
Underperform Votes
158
35.43%
Canadian Natural ResourcesOutperform Votes
605
69.22%
Underperform Votes
269
30.78%

Shell has higher revenue and earnings than Canadian Natural Resources. Shell 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
Shell$323.18B0.72$19.36B$5.4213.43
Canadian Natural Resources$40.71B2.02$6.10B$5.0215.30

Shell presently has a consensus target price of $79.67, suggesting a potential upside of 9.47%. Canadian Natural Resources has a consensus target price of $94.00, suggesting a potential upside of 22.36%. Given Shell's higher possible upside, analysts clearly believe Canadian Natural Resources is more favorable than Shell.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Shell
0 Sell rating(s)
2 Hold rating(s)
3 Buy rating(s)
0 Strong Buy rating(s)
2.60
Canadian Natural Resources
0 Sell rating(s)
6 Hold rating(s)
2 Buy rating(s)
0 Strong Buy rating(s)
2.25

Summary

Canadian Natural Resources beats Shell on 14 of the 21 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.
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Media Sentiment Over Time

This chart shows the average media sentiment of NYSE 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 ResourcesCrude petroleum & natural gas IndustryEnergy SectorNYSE Exchange
Market Cap$81.25B$9.62B$8.36B$17.89B
Dividend Yield3.99%17.05%11.63%3.57%
P/E Ratio15.3016.2712.4625.83
Price / Sales2.024.4295.3810.33
Price / Cash7.286.8611.0618.87
Price / Book2.812.002.975.91
Net Income$6.10B$1.26B$977.25M$976.46M
7 Day Performance0.26%3.28%1.17%0.60%
1 Month Performance1.33%2.31%4.59%4.90%
1 Year Performance42.58%16.21%10.56%25.27%

Canadian Natural Resources Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
SHEL
Shell
1.6157 of 5 stars
$71.45
-0.4%
$79.67
+11.5%
+29.9%$229.23B$302.14B13.18103,000
TTE
TotalEnergies
1.07 of 5 stars
$70.99
-1.6%
$70.75
-0.3%
+29.7%$166.95B$218.95B8.01102,579
EOG
EOG Resources
4.6416 of 5 stars
$121.94
-3.1%
$142.09
+16.5%
+16.2%$70.08B$24.19B9.633,050Positive News
PXD
Pioneer Natural Resources
0.9427 of 5 stars
$269.62
flat
$264.10
-2.0%
N/A$63.00B$19.36B13.322,213Analyst Forecast
OXY
Occidental Petroleum
4.0055 of 5 stars
$61.13
-1.7%
$70.94
+16.0%
+8.4%$54.20B$28.92B16.7012,570Analyst Revision
E
ENI
1.1244 of 5 stars
$31.12
-1.6%
N/A+18.7%$52.53B$102.67B13.4133,142
CVE
Cenovus Energy
4.33 of 5 stars
$20.64
-1.5%
$26.67
+29.2%
+30.3%$38.34B$38.67B11.476,925Analyst Upgrade
Short Interest ↑
Positive News
FANG
Diamondback Energy
4.3382 of 5 stars
$195.02
-1.4%
$205.95
+5.6%
+56.7%$34.78B$8.41B10.991,023Insider Selling
DVN
Devon Energy
4.5585 of 5 stars
$47.17
-3.6%
$58.83
+24.7%
+6.4%$29.81B$15.26B9.001,900Positive News
CTRA
Coterra Energy
4.5124 of 5 stars
$27.44
-0.4%
$33.73
+22.9%
+22.6%$20.42B$5.91B15.86894Short Interest ↑

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This page (NYSE:CNQ) was last updated on 6/1/2024 by MarketBeat.com Staff

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