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Canadian Natural Resources (CNQ) Competitors

C$98.09
+1.35 (+1.40%)
(As of 11:12 AM ET)

CNQ vs. TOU, OVV, ARX, MEG, SCR, CPG, PSK, WCP, ERF, and POU

Should you be buying Canadian Natural Resources stock or one of its competitors? The main competitors of Canadian Natural Resources include Tourmaline Oil (TOU), Ovintiv (OVV), ARC Resources (ARX), MEG Energy (MEG), Strathcona Resources (SCR), Crescent Point Energy (CPG), PrairieSky Royalty (PSK), Whitecap Resources (WCP), Enerplus (ERF), and Paramount Resources (POU). These companies are all part of the "oil & gas e&p" industry.

Canadian Natural Resources vs.

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

Tourmaline Oil has a net margin of 35.78% compared to Canadian Natural Resources' net margin of 20.86%. Canadian Natural Resources' return on equity of 19.01% beat Tourmaline Oil's return on equity.

Company Net Margins Return on Equity Return on Assets
Canadian Natural Resources20.86% 19.01% 8.07%
Tourmaline Oil 35.78%12.72%7.84%

80.0% of Canadian Natural Resources shares are owned by institutional investors. Comparatively, 53.4% of Tourmaline Oil shares are owned by institutional investors. 2.2% of Canadian Natural Resources shares are owned by insiders. Comparatively, 5.4% of Tourmaline Oil shares are owned by insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a stock is poised for long-term growth.

Canadian Natural Resources has a beta of 1.97, meaning that its stock price is 97% more volatile than the S&P 500. Comparatively, Tourmaline Oil has a beta of 1.39, meaning that its stock price is 39% more volatile than the S&P 500.

Canadian Natural Resources pays an annual dividend of C$4.00 per share and has a dividend yield of 4.1%. Tourmaline Oil pays an annual dividend of C$1.28 per share and has a dividend yield of 1.9%. Canadian Natural Resources pays out 58.7% of its earnings in the form of a dividend. Tourmaline Oil pays out 25.7% 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, Canadian Natural Resources and Canadian Natural Resources both had 2 articles in the media. Canadian Natural Resources' average media sentiment score of 0.83 beat Tourmaline Oil's score of 0.80 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
1 Very Positive mention(s)
1 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Tourmaline Oil
0 Very Positive mention(s)
1 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Canadian Natural Resources presently has a consensus price target of C$110.56, indicating a potential upside of 14.29%. Tourmaline Oil has a consensus price target of C$78.38, indicating a potential upside of 17.66%. Given Tourmaline Oil's stronger consensus rating and higher probable upside, analysts plainly believe Tourmaline Oil is more favorable than Canadian Natural Resources.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Canadian Natural Resources
0 Sell rating(s)
7 Hold rating(s)
7 Buy rating(s)
0 Strong Buy rating(s)
2.50
Tourmaline Oil
0 Sell rating(s)
0 Hold rating(s)
11 Buy rating(s)
1 Strong Buy rating(s)
3.08

Canadian Natural Resources has higher revenue and earnings than Tourmaline Oil. Tourmaline Oil 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 ResourcesC$35.58B2.91C$7.42BC$6.8214.18
Tourmaline OilC$4.84B4.84C$1.73BC$4.9913.35

Tourmaline Oil received 72 more outperform votes than Canadian Natural Resources when rated by MarketBeat users. Likewise, 71.64% of users gave Tourmaline Oil an outperform vote while only 59.35% of users gave Canadian Natural Resources an outperform vote.

CompanyUnderperformOutperform
Canadian Natural ResourcesOutperform Votes
749
59.35%
Underperform Votes
513
40.65%
Tourmaline OilOutperform Votes
821
71.64%
Underperform Votes
325
28.36%

Summary

Canadian Natural Resources and Tourmaline Oil tied by winning 10 of the 20 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 TSE 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 & Gas E&P IndustryEnergy SectorTSE Exchange
Market CapC$103.51BC$1.51BC$3.77BC$3.93B
Dividend Yield3.82%7.73%7.13%7.12%
P/E Ratio14.18277.36199.8625.12
Price / Sales2.9137,829.5126,762.901,799.76
Price / Cash85.8583.0166.6973.22
Price / Book2.621.451.513.46
Net IncomeC$7.42BC$117.15MC$417.53MC$257.67M
7 Day Performance-3.17%-1.78%-0.24%-0.58%
1 Month Performance-7.51%-2.65%-0.07%-0.74%
1 Year Performance28.52%7.83%17.00%15.32%

Canadian Natural Resources Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
TOU
Tourmaline Oil
2.9856 of 5 stars
C$65.79
+0.8%
C$78.38
+19.1%
+10.9%C$23.14BC$4.84B13.18389Dividend Announcement
OVV
Ovintiv
1.3959 of 5 stars
C$65.37
+0.6%
C$58.50
-10.5%
+30.1%C$17.45BC$10.46B6.661,743Dividend Increase
Positive News
ARX
ARC Resources
3.5144 of 5 stars
C$24.87
+0.6%
C$29.85
+20.0%
+44.1%C$14.86BC$5.31B12.50438
MEG
MEG Energy
2.13 of 5 stars
C$27.94
+0.4%
C$32.67
+16.9%
+32.3%C$7.62BC$5.54B13.56449
SCR
Strathcona Resources
0.2504 of 5 stars
C$32.78
-1.5%
C$34.57
+5.5%
N/AC$7.02BC$4.24B-14.94193
CPG
Crescent Point Energy
3.6898 of 5 stars
C$11.17
-5.8%
C$14.80
+32.5%
+17.4%C$6.90BC$3.51B22.80777Positive News
PSK
PrairieSky Royalty
2.6988 of 5 stars
C$26.00
-0.2%
C$27.30
+5.0%
+8.7%C$6.21BC$475.60M28.5765Dividend Announcement
Positive News
WCP
Whitecap Resources
4.2117 of 5 stars
C$9.97
+1.2%
C$13.56
+36.0%
+5.3%C$5.97BC$3.23B8.82542Positive News
ERF
Enerplus
0.6753 of 5 stars
C$26.78
-3.4%
C$24.36
-9.1%
+36.1%C$5.47BC$1.48B10.98404
POU
Paramount Resources
3.6952 of 5 stars
C$30.99
+0.2%
C$35.80
+15.5%
+7.2%C$4.53BC$1.71B13.47579Dividend Announcement

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This page (TSE:CNQ) was last updated on 6/10/2024 by MarketBeat.com Staff

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