CNQ vs. TOU, OVV, ARX, MEG, SCR, CPG, WCP, PSK, 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), Whitecap Resources (WCP), PrairieSky Royalty (PSK), Enerplus (ERF), and Paramount Resources (POU). These companies are all part of the "oil & gas e&p" industry.
Tourmaline Oil (TSE:TOU) and Canadian Natural Resources (TSE:CNQ) are both large-cap energy companies, but which is the superior business? We will compare the two companies based on the strength of their earnings, valuation, dividends, profitability, institutional ownership, risk, analyst recommendations, community ranking and media sentiment.
53.4% of Tourmaline Oil shares are held by institutional investors. Comparatively, 80.0% of Canadian Natural Resources shares are held by institutional investors. 5.4% of Tourmaline Oil shares are held by company insiders. Comparatively, 2.2% of Canadian Natural Resources shares are held by company insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a stock will outperform the market over the long term.
Tourmaline Oil has a beta of 1.39, suggesting that its share price is 39% more volatile than the S&P 500. Comparatively, Canadian Natural Resources has a beta of 1.97, suggesting that its share price is 97% more volatile than the S&P 500.
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.
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.
Tourmaline Oil currently has a consensus target price of C$78.38, indicating a potential upside of 15.92%. Canadian Natural Resources has a consensus target price of C$110.56, indicating a potential upside of 5.60%. Given Canadian Natural Resources' stronger consensus rating and higher probable upside, research analysts clearly believe Tourmaline Oil is more favorable than Canadian Natural Resources.
Tourmaline Oil pays an annual dividend of C$1.28 per share and has a dividend yield of 1.9%. Canadian Natural Resources pays an annual dividend of C$4.00 per share and has a dividend yield of 3.8%. Tourmaline Oil pays out 25.7% of its earnings in the form of a dividend. Canadian Natural Resources pays out 58.7% 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.
Tourmaline Oil has a net margin of 35.78% compared to Tourmaline Oil's net margin of 20.86%. Tourmaline Oil's return on equity of 19.01% beat Canadian Natural Resources' return on equity.
In the previous week, Canadian Natural Resources had 8 more articles in the media than Tourmaline Oil. MarketBeat recorded 14 mentions for Canadian Natural Resources and 6 mentions for Tourmaline Oil. Canadian Natural Resources' average media sentiment score of 1.24 beat Tourmaline Oil's score of 1.06 indicating that Tourmaline Oil is being referred to more favorably in the media.
Summary
Tourmaline Oil beats Canadian Natural Resources on 11 of the 21 factors compared between the two stocks.
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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.
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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