CNQ vs. ENB, SU, TRP, CVE, IMO, CCO, PPL, TOU, OVV, and ARX
Should you be buying Canadian Natural Resources stock or one of its competitors? The main competitors of Canadian Natural Resources include Enbridge (ENB), Suncor Energy (SU), TC Energy (TRP), Cenovus Energy (CVE), Imperial Oil (IMO), Cameco (CCO), Pembina Pipeline (PPL), Tourmaline Oil (TOU), Ovintiv (OVV), and ARC Resources (ARX). These companies are all part of the "energy" sector.
Enbridge (TSE:ENB) and Canadian Natural Resources (TSE:CNQ) are both large-cap energy companies, but which is the better business? We will compare the two businesses based on the strength of their dividends, media sentiment, profitability, community ranking, valuation, analyst recommendations, institutional ownership, earnings and risk.
In the previous week, Enbridge had 23 more articles in the media than Canadian Natural Resources. MarketBeat recorded 35 mentions for Enbridge and 12 mentions for Canadian Natural Resources. Enbridge's average media sentiment score of 0.96 beat Canadian Natural Resources' score of 0.49 indicating that Canadian Natural Resources is being referred to more favorably in the news media.
Canadian Natural Resources has a net margin of 20.86% compared to Canadian Natural Resources' net margin of 13.81%. Enbridge's return on equity of 19.01% beat Canadian Natural Resources' return on equity.
Canadian Natural Resources has lower revenue, but higher earnings than Enbridge. Canadian Natural Resources is trading at a lower price-to-earnings ratio than Enbridge, indicating that it is currently the more affordable of the two stocks.
Enbridge pays an annual dividend of C$3.66 per share and has a dividend yield of 7.3%. Canadian Natural Resources pays an annual dividend of C$4.00 per share and has a dividend yield of 3.8%. Enbridge pays out 138.1% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future. Canadian Natural Resources pays out 59.2% of its earnings in the form of a dividend.
Enbridge presently has a consensus target price of C$53.56, suggesting a potential upside of 7.04%. Canadian Natural Resources has a consensus target price of C$111.47, suggesting a potential upside of 6.26%. Given Canadian Natural Resources' higher possible upside, analysts plainly believe Enbridge is more favorable than Canadian Natural Resources.
Enbridge has a beta of 0.88, suggesting that its share price is 12% less 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.
53.5% of Enbridge shares are owned by institutional investors. Comparatively, 80.0% of Canadian Natural Resources shares are owned by institutional investors. 0.1% of Enbridge shares are owned by insiders. Comparatively, 2.2% of Canadian Natural Resources shares are owned by insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a stock will outperform the market over the long term.
Enbridge received 2 more outperform votes than Canadian Natural Resources when rated by MarketBeat users. Likewise, 69.93% of users gave Enbridge an outperform vote while only 59.44% of users gave Canadian Natural Resources an outperform vote.
Summary
Canadian Natural Resources beats Enbridge on 11 of the 18 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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