Canadian Natural Resource (NYSE: CNQ) is one of 202 publicly-traded companies in the “Oil & Gas Exploration and Production” industry, but how does it contrast to its competitors? We will compare Canadian Natural Resource to related companies based on the strength of its institutional ownership, dividends, analyst recommendations, profitability, risk, earnings and valuation.
Insider & Institutional Ownership
59.4% of Canadian Natural Resource shares are owned by institutional investors. Comparatively, 63.2% of shares of all “Oil & Gas Exploration and Production” companies are owned by institutional investors. 5.0% of Canadian Natural Resource shares are owned by insiders. Comparatively, 10.9% of shares of all “Oil & Gas Exploration and Production” companies are owned by insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a company is poised for long-term growth.
Canadian Natural Resource pays an annual dividend of $0.86 per share and has a dividend yield of 2.4%. Canadian Natural Resource pays out 50.9% of its earnings in the form of a dividend. As a group, “Oil & Gas Exploration and Production” companies pay a dividend yield of 1.5% and pay out 338.1% of their earnings in the form of a dividend. Canadian Natural Resource has raised its dividend for 5 consecutive years. Canadian Natural Resource is clearly a better dividend stock than its competitors, given its higher yield and lower payout ratio.
This is a summary of current ratings for Canadian Natural Resource and its competitors, as reported by MarketBeat.
|Sell Ratings||Hold Ratings||Buy Ratings||Strong Buy Ratings||Rating Score|
|Canadian Natural Resource||0||1||7||1||3.00|
|Canadian Natural Resource Competitors||1417||7460||12045||250||2.53|
Canadian Natural Resource currently has a consensus target price of $47.00, indicating a potential upside of 31.58%. As a group, “Oil & Gas Exploration and Production” companies have a potential upside of 27.57%. Given Canadian Natural Resource’s stronger consensus rating and higher probable upside, analysts clearly believe Canadian Natural Resource is more favorable than its competitors.
Risk & Volatility
Canadian Natural Resource has a beta of 1.46, meaning that its share price is 46% more volatile than the S&P 500. Comparatively, Canadian Natural Resource’s competitors have a beta of 1.46, meaning that their average share price is 46% more volatile than the S&P 500.
This table compares Canadian Natural Resource and its competitors’ net margins, return on equity and return on assets.
|Net Margins||Return on Equity||Return on Assets|
|Canadian Natural Resource||16.71%||4.68%||2.06%|
|Canadian Natural Resource Competitors||-286.16%||30.35%||6.53%|
Valuation & Earnings
This table compares Canadian Natural Resource and its competitors revenue, earnings per share (EPS) and valuation.
|Gross Revenue||Net Income||Price/Earnings Ratio|
|Canadian Natural Resource||$12.28 billion||-$154.06 million||21.14|
|Canadian Natural Resource Competitors||$1.95 billion||-$466.75 million||-39.56|
Canadian Natural Resource has higher revenue and earnings than its competitors. Canadian Natural Resource is trading at a higher price-to-earnings ratio than its competitors, indicating that it is currently more expensive than other companies in its industry.
Canadian Natural Resource beats its competitors on 10 of the 15 factors compared.
Canadian Natural Resource Company Profile
Canadian Natural Resources Limited is an independent crude oil and natural gas exploration, development and production company. The Company’s segments include Exploration and Production, Oil Sands Mining and Upgrading, and Midstream. The Exploration and Production segment includes exploration, development, production and marketing of crude oil, natural gas liquids (NGLs) and natural gas. The Company’s exploration and production operations are focused in North America in Western Canada, the United Kingdom portion of the North Sea, and Cote d’Ivoire, Gabon and South Africa in Offshore Africa. The Horizon Oil Sands Mining and Upgrading segment (Horizon) produces synthetic crude oil (SCO) through bitumen mining and upgrading operations. Midstream activities include the Company’s pipeline operations, an electricity co-generation system and an investment in the North West Redwater Partnership (Redwater Partnership).
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