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Canadian Natural Resources (CNQ) Competitors

$75.13
-2.34 (-3.02%)
(As of 05/29/2024 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 better stock? We will contrast the two companies based on the strength of their analyst recommendations, earnings, community ranking, institutional ownership, dividends, risk, profitability, media sentiment and valuation.

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

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 insiders. Comparatively, 5.0% of Canadian Natural Resources shares are owned by insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a stock is poised for long-term growth.

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 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 $3.09 per share and has a dividend yield of 4.1%. Shell pays out 50.7% of its earnings in the form of a dividend. Canadian Natural Resources pays out 61.6% 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.

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%

In the previous week, Shell had 23 more articles in the media than Canadian Natural Resources. MarketBeat recorded 38 mentions for Shell and 15 mentions for Canadian Natural Resources. Shell's average media sentiment score of 1.04 beat Canadian Natural Resources' score of 0.31 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
12 Very Positive mention(s)
2 Positive mention(s)
16 Neutral mention(s)
7 Negative mention(s)
1 Very Negative mention(s)
Neutral
Canadian Natural Resources
4 Very Positive mention(s)
3 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Shell presently has a consensus price target of $79.67, suggesting a potential upside of 11.50%. Canadian Natural Resources has a consensus price target of $94.00, suggesting a potential upside of 25.12%. Given Shell's higher possible upside, analysts plainly 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

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$302.14B0.76$19.36B$5.4213.18
Canadian Natural Resources$30.25B2.66$6.10B$5.0214.97

Summary

Canadian Natural Resources beats Shell on 14 of the 21 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$80.55B$9.00B$8.21B$17.46B
Dividend Yield4.04%17.08%11.55%3.53%
P/E Ratio14.9715.6915.5625.52
Price / Sales2.664.4294.0810.11
Price / Cash7.426.9010.0219.29
Price / Book2.751.972.905.82
Net Income$6.10B$1.26B$973.13M$975.72M
7 Day Performance-0.33%1.02%0.70%-0.51%
1 Month Performance-0.90%-0.47%3.01%2.67%
1 Year Performance37.12%14.96%8.08%22.10%

Canadian Natural Resources Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
SHEL
Shell
2.9806 of 5 stars
$71.45
-0.4%
$79.67
+11.5%
+21.6%$229.23B$302.14B13.18103,000
TTE
TotalEnergies
1.366 of 5 stars
$70.99
-1.6%
$70.75
-0.3%
+19.0%$166.95B$218.95B8.01102,579
EOG
EOG Resources
4.5857 of 5 stars
$121.94
-3.1%
$142.09
+16.5%
+10.7%$70.08B$24.19B9.633,050Positive News
PXD
Pioneer Natural Resources
3.1458 of 5 stars
$269.62
flat
$264.10
-2.0%
N/A$63.00B$19.36B13.322,213
OXY
Occidental Petroleum
3.8476 of 5 stars
$61.13
-1.7%
$70.94
+16.0%
+3.7%$54.20B$28.92B16.7012,570
E
ENI
2.4944 of 5 stars
$31.12
-1.6%
N/A+9.9%$52.53B$102.67B13.4133,142News Coverage
CVE
Cenovus Energy
4.4782 of 5 stars
$20.64
-1.5%
$26.67
+29.2%
+23.7%$38.34B$38.67B11.476,925Analyst Upgrade
Short Interest ↑
Positive News
FANG
Diamondback Energy
4.1899 of 5 stars
$195.02
-1.4%
$205.95
+5.6%
+48.9%$34.78B$8.41B10.991,023Analyst Downgrade
Insider Selling
Analyst Revision
DVN
Devon Energy
4.6644 of 5 stars
$47.17
-3.6%
$58.83
+24.7%
-1.9%$29.81B$15.26B9.001,900Positive News
CTRA
Coterra Energy
4.3777 of 5 stars
$27.44
-0.4%
$33.73
+22.9%
+13.2%$20.42B$5.91B15.86894Short Interest ↑

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This page (NYSE:CNQ) was last updated on 5/30/2024 by MarketBeat.com Staff

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