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Canadian Natural Resources (CNQ) Competitors

$76.83
+1.05 (+1.39%)
(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.

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

Canadian Natural Resources presently has a consensus price target of $94.00, suggesting a potential upside of 22.35%. Shell has a consensus price target of $79.67, suggesting a potential upside of 9.46%. Given Canadian Natural Resources' higher possible upside, equities analysts clearly believe Canadian Natural Resources is more favorable than Shell.

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

Canadian Natural Resources pays an annual dividend of $3.09 per share and has a dividend yield of 4.0%. Shell pays an annual dividend of $2.75 per share and has a dividend yield of 3.8%. Canadian Natural Resources pays out 61.6% of its earnings in the form of a dividend. Shell pays out 50.7% 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, Shell had 23 more articles in the media than Canadian Natural Resources. MarketBeat recorded 31 mentions for Shell and 8 mentions for Canadian Natural Resources. Canadian Natural Resources' average media sentiment score of 0.94 beat Shell's score of 0.33 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
Shell
9 Very Positive mention(s)
1 Positive mention(s)
15 Neutral mention(s)
6 Negative mention(s)
0 Very Negative mention(s)
Neutral

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
Canadian Natural Resources$30.25B2.72$6.10B$5.0215.30
Shell$323.18B0.72$19.36B$5.4213.43

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

Company Net Margins Return on Equity Return on Assets
Canadian Natural Resources18.21% 20.58% 10.69%
Shell 5.83%13.83%6.44%

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

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

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

Summary

Canadian Natural Resources beats Shell on 13 of the 20 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 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$82.37B$9.07B$8.49B$17.78B
Dividend Yield4.08%17.05%11.65%3.55%
P/E Ratio15.3016.3811.4625.84
Price / Sales2.724.9077.6711.48
Price / Cash7.346.879.5718.95
Price / Book2.812.003.005.90
Net Income$6.10B$1.26B$976.81M$976.46M
7 Day Performance0.29%4.37%1.54%0.62%
1 Month Performance2.60%4.24%4.61%3.61%
1 Year Performance37.00%13.03%7.10%20.81%

Canadian Natural Resources Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
SHEL
Shell
1.477 of 5 stars
$71.45
-0.4%
$79.67
+11.5%
+27.5%$229.23B$302.14B13.18103,000
TTE
TotalEnergies
1.4086 of 5 stars
$70.99
-1.6%
$70.75
-0.3%
+26.9%$166.95B$218.95B8.01102,579
EOG
EOG Resources
4.5997 of 5 stars
$121.94
-3.1%
$142.09
+16.5%
+15.2%$70.08B$24.19B9.633,050Positive News
PXD
Pioneer Natural Resources
0.973 of 5 stars
$269.62
flat
$264.10
-2.0%
N/A$63.00B$19.36B13.322,213Analyst Forecast
OXY
Occidental Petroleum
4.1351 of 5 stars
$61.13
-1.7%
$70.94
+16.0%
+7.5%$54.20B$28.92B16.7012,570Analyst Revision
E
ENI
1.1795 of 5 stars
$31.12
-1.6%
N/A+14.9%$52.53B$102.67B13.4133,142
CVE
Cenovus Energy
4.1353 of 5 stars
$20.64
-1.5%
$26.67
+29.2%
+26.2%$38.34B$38.67B11.476,925Analyst Upgrade
Short Interest ↑
Positive News
FANG
Diamondback Energy
4.0383 of 5 stars
$195.02
-1.4%
$205.95
+5.6%
+55.6%$34.78B$8.41B10.991,023Insider Selling
DVN
Devon Energy
4.5772 of 5 stars
$47.17
-3.6%
$58.83
+24.7%
+4.9%$29.81B$15.26B9.001,900Positive News
CTRA
Coterra Energy
4.4221 of 5 stars
$27.44
-0.4%
$33.73
+22.9%
+24.2%$20.42B$5.91B15.86894Short Interest ↑

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This page (NYSE:CNQ) was last updated on 6/2/2024 by MarketBeat.com Staff

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