Canadian Natural Resources (CNQ) vs ConocoPhillips (COP)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 8, 2026.
Summary
Canadian Natural Resources (CNQ) has outperformed ConocoPhillips (COP) over the past year, gaining 45.0% versus a gain of 36.3%. Over five years, CNQ leads with a +129.0% price change compared with +75.1% for COP. ConocoPhillips is the larger company by market cap ($155.98 billion vs $97.92 billion), about 1.6 times the size.
On valuation, Canadian Natural Resources trades at a lower forward P/E (12.3x vs 13.4x for ConocoPhillips). Canadian Natural Resources offers the higher dividend yield (5.11% vs 2.54%).
Summary generated from market data by MetaCap's automated system. Methodology
Relative performance
Percent change in share price from the first common trading day shown; excludes dividends.
Head-to-head
| Metric | CNQ | COP |
|---|---|---|
| Share price | $47.50 | $129.84 |
| Market cap | $97.92B | $155.98B |
| 1-day change | -1.25% | +0.38% |
| YTD return | +40.32% | +38.70% |
| 1-year return | +44.99% | +36.34% |
| 5-year return | +129.03% | +75.13% |
| P/E ratio (TTM) | 11.82 | 17.13 |
| Forward P/E | 12.32 | 13.42 |
| EPS (TTM) | $4.02 | $7.58 |
| Dividend yield | 5.11% | 2.54% |
| Annual dividend | $2.43 | $3.30 |
| Revenue (latest FY) | — | $58.94B |
| Revenue growth (YoY) | — | +7.67% |
| Net income (latest FY) | — | $7.99B |
| Gross margin | — | 62.13% |
| Net margin | — | 13.55% |
| 52-week high | $52.31 | $141.62 |
| 52-week low | $29.68 | $85.57 |
| Distance from 52-week high | -9.20% | -8.32% |
| Analyst consensus | buy | buy |
| Avg. price target upside | +1.52% | +13.12% |
| Average volume | 6.65M | 6.62M |
| Shares outstanding | 2.06B | 1.20B |
| Employees | 10,750 | 9,600 |
| Sector | Energy | Energy |
| Industry | Oil & Gas Production | Integrated oil Companies |
Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.
Key differences
- ConocoPhillips trades at a higher earnings multiple (17.1x vs 11.8x trailing P/E).
- Canadian Natural Resources offers a meaningfully higher dividend yield (5.11% vs 2.54%).
About Canadian Natural Resources
CNQ stock →Canadian Natural Resources Limited engages in the acquisition, exploration, development, production, marketing, and sale of crude oil, natural gas, and natural gas liquids (NGLs) in Western Canada, the United Kingdom sector of the North Sea, and Offshore Africa. The company offers synthetic crude oil (SCO), mining bitumen, light and medium crude oil and NGLs, thermal bitumen, primary heavy crude oil and Pelican Lake heavy crude oil.
Energy · Oil & Gas Production · 10,750 employees
About ConocoPhillips
COP stock →ConocoPhillips explores for, produces, transports, and markets crude oil, bitumen, natural gas, liquefied natural gas (LNG), and natural gas liquids. It operates in five segments: Alaska; Lower 48; Canada; Europe, Middle East and North Africa; and Asia Pacific.
Energy · Integrated oil Companies · 9,600 employees
CNQ vs COP FAQ
Which is bigger, Canadian Natural Resources or ConocoPhillips?
ConocoPhillips (COP) is larger, with a market capitalization of $155.98B compared with $97.92B for Canadian Natural Resources (CNQ).
Which stock has performed better over the past year, CNQ or COP?
CNQ returned +44.99% over the past 12 months, compared with +36.34% for COP (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, CNQ or COP?
CNQ has the lower trailing P/E at 11.8, versus 17.1 for COP. A lower P/E is not by itself a sign of a better investment; it can reflect slower expected growth or higher risk.
Which pays a higher dividend, Canadian Natural Resources or ConocoPhillips?
Canadian Natural Resources has the higher yield at 5.11%, compared with 2.54% for ConocoPhillips.
Are Canadian Natural Resources and ConocoPhillips in the same industry?
Both are in the Energy sector, but in different industries: Oil & Gas Production for Canadian Natural Resources and Integrated oil Companies for ConocoPhillips.