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Canadian Natural Resources (CNQ) Competitors

Canadian Natural Resources logo
$33.78 +0.11 (+0.33%)
(As of 11/20/2024 ET)

CNQ vs. SHEL, TTE, EOG, FANG, E, OXY, CVE, EQT, DVN, and EXE

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), Diamondback Energy (FANG), ENI (E), Occidental Petroleum (OXY), Cenovus Energy (CVE), EQT (EQT), Devon Energy (DVN), and Chesapeake Energy (EXE). 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 institutional ownership, valuation, risk, earnings, media sentiment, dividends, profitability, community ranking and analyst recommendations.

Shell has a beta of 0.56, indicating that its stock price is 44% less volatile than the S&P 500. Comparatively, Canadian Natural Resources has a beta of 1.5, indicating that its stock price is 50% more volatile than the S&P 500.

Shell has higher revenue and earnings than Canadian Natural Resources. Canadian Natural Resources is trading at a lower price-to-earnings ratio than Shell, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Shell$323.18B0.63$19.36B$4.8613.46
Canadian Natural Resources$41.12B1.73$6.10B$2.5713.14

In the previous week, Shell had 16 more articles in the media than Canadian Natural Resources. MarketBeat recorded 24 mentions for Shell and 8 mentions for Canadian Natural Resources. Canadian Natural Resources' average media sentiment score of 0.73 beat Shell's score of 0.69 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
14 Very Positive mention(s)
0 Positive mention(s)
8 Neutral mention(s)
1 Negative mention(s)
1 Very Negative mention(s)
Positive
Canadian Natural Resources
6 Very Positive mention(s)
1 Positive mention(s)
0 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Positive

Shell currently has a consensus price target of $82.00, suggesting a potential upside of 25.34%. Canadian Natural Resources has a consensus price target of $51.00, suggesting a potential upside of 50.98%. Given Canadian Natural Resources' higher probable 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)
3 Hold rating(s)
4 Buy rating(s)
3 Strong Buy rating(s)
3.00
Canadian Natural Resources
0 Sell rating(s)
4 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
2.00

Shell pays an annual dividend of $2.75 per share and has a dividend yield of 4.2%. Canadian Natural Resources pays an annual dividend of $1.66 per share and has a dividend yield of 4.9%. Shell pays out 56.6% of its earnings in the form of a dividend. Canadian Natural Resources pays out 64.6% 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.

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, endowments and hedge funds believe a stock is poised for long-term growth.

Canadian Natural Resources has a net margin of 18.45% compared to Shell's net margin of 5.17%. Canadian Natural Resources' return on equity of 20.07% beat Shell's return on equity.

Company Net Margins Return on Equity Return on Assets
Shell5.17% 14.54% 6.86%
Canadian Natural Resources 18.45%20.07%10.51%

Canadian Natural Resources received 311 more outperform votes than Shell when rated by MarketBeat users. Likewise, 68.93% of users gave Canadian Natural Resources an outperform vote while only 64.85% of users gave Shell an outperform vote.

CompanyUnderperformOutperform
ShellOutperform Votes
297
64.85%
Underperform Votes
161
35.15%
Canadian Natural ResourcesOutperform Votes
608
68.93%
Underperform Votes
274
31.07%

Summary

Canadian Natural Resources beats Shell on 12 of the 21 factors compared between the two stocks.

New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding {thisCompany.Symbol} 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$71.29B$8.14B$8.38B$19.84B
Dividend Yield4.70%23.59%11.45%3.50%
P/E Ratio13.1211.4515.6037.73
Price / Sales1.736.10126.0418.01
Price / Cash6.427.0211.3917.90
Price / Book2.461.773.244.86
Net Income$6.10B$1.20B$952.17M$985.93M
7 Day Performance-0.73%-0.01%0.36%0.45%
1 Month Performance-5.40%7.26%2.03%1.05%
1 Year Performance2.24%-0.42%402.52%24.67%

Canadian Natural Resources Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
CNQ
Canadian Natural Resources
4.1156 of 5 stars
$33.78
+0.3%
$51.00
+51.0%
+1.1%$71.06B$30.25B13.1210,272
SHEL
Shell
4.1162 of 5 stars
$65.42
-0.6%
$82.00
+25.3%
-1.9%$203.71B$323.18B13.46103,000
TTE
TotalEnergies
4.6352 of 5 stars
$60.52
-0.3%
$78.75
+30.1%
-11.8%$143.36B$218.95B8.58102,579Positive News
EOG
EOG Resources
3.5659 of 5 stars
$136.23
+0.8%
$142.30
+4.5%
+8.8%$76.03B$24.19B10.973,050Analyst Downgrade
FANG
Diamondback Energy
4.7296 of 5 stars
$181.46
+0.7%
$212.00
+16.8%
+16.2%$52.59B$8.41B10.391,023Dividend Announcement
Analyst Forecast
Analyst Revision
Positive News
E
ENI
3.7959 of 5 stars
$28.93
-0.5%
$39.60
+36.9%
-11.3%$49.07B$102.67B17.3233,142Short Interest ↓
OXY
Occidental Petroleum
4.7075 of 5 stars
$50.91
+0.8%
$63.65
+25.0%
-16.7%$47.39B$28.92B13.2612,570Analyst Forecast
Analyst Revision
CVE
Cenovus Energy
4.4164 of 5 stars
$16.17
+0.7%
$30.00
+85.6%
-11.0%$29.32B$38.67B11.156,925Analyst Upgrade
Positive News
EQT
EQT
4.2845 of 5 stars
$46.53
+5.6%
$42.83
-7.9%
+16.1%$26.30B$6.91B55.39740Options Volume
Positive News
High Trading Volume
DVN
Devon Energy
4.7746 of 5 stars
$38.30
+1.0%
$51.85
+35.4%
-16.1%$24.90B$15.26B7.111,900Analyst Forecast
Positive News
EXE
Chesapeake Energy
2.7593 of 5 stars
$98.26
+2.7%
$99.20
+1.0%
N/A$22.11B$8.72B60.65N/AOptions Volume
High Trading Volume

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This page (NYSE:CNQ) was last updated on 11/21/2024 by MarketBeat.com Staff
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