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Canadian Natural Resources (CNQ) Competitors

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$30.92 -0.37 (-1.18%)
Closing price 03:59 PM Eastern
Extended Trading
$30.91 -0.01 (-0.04%)
As of 07:34 PM Eastern
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CNQ vs. FANG, COP, CVE, DVN, EOG, MUR, OVV, SU, VET, and IMO

Should you be buying Canadian Natural Resources stock or one of its competitors? The main competitors of Canadian Natural Resources include Diamondback Energy (FANG), ConocoPhillips (COP), Cenovus Energy (CVE), Devon Energy (DVN), EOG Resources (EOG), Murphy Oil (MUR), Ovintiv (OVV), Suncor Energy (SU), Vermilion Energy (VET), and Imperial Oil (IMO). These companies are all part of the "energy" sector.

Canadian Natural Resources vs. Its Competitors

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

In the previous week, Diamondback Energy had 19 more articles in the media than Canadian Natural Resources. MarketBeat recorded 31 mentions for Diamondback Energy and 12 mentions for Canadian Natural Resources. Diamondback Energy's average media sentiment score of 1.41 beat Canadian Natural Resources' score of 1.36 indicating that Diamondback Energy is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Canadian Natural Resources
10 Very Positive mention(s)
2 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Diamondback Energy
21 Very Positive mention(s)
4 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Canadian Natural Resources has a beta of 1.03, meaning that its share price is 3% more volatile than the S&P 500. Comparatively, Diamondback Energy has a beta of 1.05, meaning that its share price is 5% more volatile than the S&P 500.

Canadian Natural Resources pays an annual dividend of $1.71 per share and has a dividend yield of 5.5%. Diamondback Energy pays an annual dividend of $4.00 per share and has a dividend yield of 2.9%. Canadian Natural Resources pays out 67.1% of its earnings in the form of a dividend. Diamondback Energy pays out 24.5% 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 has raised its dividend for 24 consecutive years and Diamondback Energy has raised its dividend for 7 consecutive years. Canadian Natural Resources is clearly the better dividend stock, given its higher yield and longer track record of dividend growth.

Diamondback Energy has a net margin of 30.84% compared to Canadian Natural Resources' net margin of 16.92%. Canadian Natural Resources' return on equity of 20.90% beat Diamondback Energy's return on equity.

Company Net Margins Return on Equity Return on Assets
Canadian Natural Resources16.92% 20.90% 10.37%
Diamondback Energy 30.84%11.22%6.53%

74.0% of Canadian Natural Resources shares are held by institutional investors. Comparatively, 90.0% of Diamondback Energy shares are held by institutional investors. 5.0% of Canadian Natural Resources shares are held by company insiders. Comparatively, 0.5% of Diamondback Energy shares are held 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.

Canadian Natural Resources currently has a consensus price target of $63.00, suggesting a potential upside of 103.75%. Diamondback Energy has a consensus price target of $193.35, suggesting a potential upside of 41.68%. Given Canadian Natural Resources' higher probable upside, equities research analysts clearly believe Canadian Natural Resources is more favorable than Diamondback Energy.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Canadian Natural Resources
0 Sell rating(s)
2 Hold rating(s)
4 Buy rating(s)
0 Strong Buy rating(s)
2.67
Diamondback Energy
0 Sell rating(s)
1 Hold rating(s)
19 Buy rating(s)
2 Strong Buy rating(s)
3.05

Canadian Natural Resources has higher revenue and earnings than Diamondback Energy. Diamondback Energy 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$30.30B2.13$4.46B$2.5512.13
Diamondback Energy$11.07B3.60$3.34B$16.358.35

Summary

Diamondback Energy beats Canadian Natural Resources on 11 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 ResourcesOIL IndustryEnergy SectorNYSE Exchange
Market Cap$64.68B$9.88B$7.74B$20.65B
Dividend Yield5.38%3.87%10.94%3.65%
P/E Ratio12.1316.4964.3327.29
Price / Sales2.133.6129,384.0053.17
Price / Cash6.505.3936.3822.28
Price / Book2.261.073.854.60
Net Income$4.46B$695.67M$4.24B$995.22M
7 Day Performance-3.16%-1.25%-0.48%-0.80%
1 Month Performance-7.16%1.29%-0.63%3.55%
1 Year Performance-14.06%29.80%10.15%7.35%

Canadian Natural Resources Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
CNQ
Canadian Natural Resources
4.7657 of 5 stars
$30.92
-1.2%
$63.00
+103.7%
-14.6%$65.45B$30.30B12.1310,640Positive News
FANG
Diamondback Energy
4.9543 of 5 stars
$137.93
-2.1%
$193.13
+40.0%
-34.6%$40.30B$11.07B8.441,983Positive News
Analyst Forecast
Analyst Revision
COP
ConocoPhillips
4.9746 of 5 stars
$92.56
-1.2%
$121.80
+31.6%
-19.1%$117.01B$57.41B11.7611,800Positive News
Analyst Forecast
Analyst Revision
CVE
Cenovus Energy
4.8248 of 5 stars
$14.06
-0.7%
$25.75
+83.1%
-31.2%$25.44B$39.62B13.147,150Positive News
DVN
Devon Energy
4.7816 of 5 stars
$32.72
-1.5%
$43.50
+32.9%
-32.9%$21.01B$15.94B7.452,300Trending News
Analyst Forecast
Analyst Revision
EOG
EOG Resources
4.3962 of 5 stars
$119.77
-2.7%
$139.48
+16.5%
-9.6%$65.37B$23.70B11.113,150Positive News
MUR
Murphy Oil
4.7689 of 5 stars
$23.88
-2.4%
$29.15
+22.1%
-41.0%$3.41B$3.03B9.18690
OVV
Ovintiv
4.7231 of 5 stars
$39.29
-1.6%
$54.59
+38.9%
-17.0%$10.21B$9.15B16.721,623
SU
Suncor Energy
4.8256 of 5 stars
$37.84
-1.3%
$64.67
+70.9%
+1.5%$46.26B$37.32B10.9015,010Positive News
VET
Vermilion Energy
2.9659 of 5 stars
$7.40
-1.5%
N/A-32.1%$1.14B$1.45B-46.25720Positive News
IMO
Imperial Oil
3.4626 of 5 stars
$80.15
-1.6%
$106.33
+32.7%
N/A$40.80B$37.61B11.985,100News Coverage
Analyst Revision

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This page (NYSE:CNQ) was last updated on 7/16/2025 by MarketBeat.com Staff
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