CNQ vs. EOG, PXD, OXY, E, CVE, FANG, DVN, CTRA, TTE, and SHEL
Should you be buying Canadian Natural Resources stock or one of its competitors? The main competitors of Canadian Natural Resources include EOG Resources (EOG), Pioneer Natural Resources (PXD), Occidental Petroleum (OXY), ENI (E), Cenovus Energy (CVE), Diamondback Energy (FANG), Devon Energy (DVN), Coterra Energy (CTRA), TotalEnergies (TTE), and Shell (SHEL). These companies are all part of the "crude petroleum & natural gas" industry.
EOG Resources (NYSE:EOG) and Canadian Natural Resources (NYSE:CNQ) are both large-cap oils/energy companies, but which is the better business? We will compare the two businesses based on the strength of their dividends, earnings, valuation, community ranking, media sentiment, analyst recommendations, profitability, institutional ownership and risk.
In the previous week, EOG Resources had 30 more articles in the media than Canadian Natural Resources. MarketBeat recorded 42 mentions for EOG Resources and 12 mentions for Canadian Natural Resources. EOG Resources' average media sentiment score of 1.19 beat Canadian Natural Resources' score of 0.68 indicating that Canadian Natural Resources is being referred to more favorably in the news media.
89.9% of EOG Resources shares are held by institutional investors. Comparatively, 74.0% of Canadian Natural Resources shares are held by institutional investors. 0.3% of EOG Resources shares are held by insiders. Comparatively, 5.0% of Canadian Natural Resources shares are held by insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a stock will outperform the market over the long term.
EOG Resources has a net margin of 30.33% compared to EOG Resources' net margin of 18.21%. Canadian Natural Resources' return on equity of 24.83% beat EOG Resources' return on equity.
EOG Resources has a beta of 1.38, suggesting that its stock price is 38% more volatile than the S&P 500. Comparatively, Canadian Natural Resources has a beta of 1.52, suggesting that its stock price is 52% more volatile than the S&P 500.
EOG Resources currently has a consensus target price of $141.82, indicating a potential upside of 9.14%. Canadian Natural Resources has a consensus target price of $94.00, indicating a potential upside of 21.97%. Given EOG Resources' higher possible upside, analysts clearly believe Canadian Natural Resources is more favorable than EOG Resources.
EOG Resources pays an annual dividend of $3.64 per share and has a dividend yield of 2.8%. Canadian Natural Resources pays an annual dividend of $3.09 per share and has a dividend yield of 4.0%. EOG Resources pays out 28.8% 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. EOG Resources has increased its dividend for 7 consecutive years and Canadian Natural Resources has increased 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.
EOG Resources received 861 more outperform votes than Canadian Natural Resources when rated by MarketBeat users. Likewise, 72.29% of users gave EOG Resources an outperform vote while only 69.30% of users gave Canadian Natural Resources an outperform vote.
EOG Resources has higher earnings, but lower revenue than Canadian Natural Resources. EOG Resources 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.
Summary
EOG Resources beats Canadian Natural Resources on 14 of the 22 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 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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