Canadian Natural Resources (CNQ) vs EOG Resources (EOG)
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 EOG Resources (EOG) over the past year, gaining 45.0% versus a gain of 30.6%. Over five years, CNQ leads with a +129.0% price change compared with +60.9% for EOG. Canadian Natural Resources is the larger company by market cap ($99.88 billion vs $77.44 billion), about 1.3 times the size.
On valuation, EOG Resources trades at a lower forward P/E (9.6x vs 12.6x for Canadian Natural Resources). Canadian Natural Resources offers the higher dividend yield (5.01% vs 2.76%).
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 | EOG |
|---|---|---|
| Share price | $48.45 | $147.64 |
| Market cap | $99.88B | $77.44B |
| 1-day change | +2.00% | +2.38% |
| YTD return | +40.32% | +37.33% |
| 1-year return | +44.99% | +30.57% |
| 5-year return | +129.03% | +60.91% |
| P/E ratio (TTM) | 11.90 | 11.49 |
| Forward P/E | 12.57 | 9.63 |
| EPS (TTM) | $4.07 | $12.85 |
| Dividend yield | 5.01% | 2.76% |
| Annual dividend | $2.43 | $4.08 |
| Revenue (latest FY) | — | $22.63B |
| Revenue growth (YoY) | — | -4.50% |
| Net income (latest FY) | — | $4.98B |
| Operating margin | — | 28.21% |
| Net margin | — | 22.00% |
| 52-week high | $52.31 | $154.16 |
| 52-week low | $29.68 | $101.59 |
| Distance from 52-week high | -7.38% | -4.23% |
| Analyst consensus | buy | buy |
| Avg. price target upside | -0.47% | +11.08% |
| Average volume | 6.62M | 3.04M |
| Shares outstanding | 2.06B | 524.53M |
| Employees | 10,750 | 3,400 |
| Sector | Energy | Energy |
| Industry | Oil & Gas Production | Oil & Gas Production |
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
- CNQ has outperformed EOG by 14.4 percentage points over the past year.
- Canadian Natural Resources offers a meaningfully higher dividend yield (5.01% vs 2.76%).
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 EOG Resources
EOG stock →EOG Resources, Inc., together with its subsidiaries, explores for, develops, produces, and markets crude oil, natural gas liquids, and natural gas in producing basins in the United States, the Republic of Trinidad and Tobago, and internationally. The company also offers crude oil and condensate, and gathering, processing and marketing.
Energy · Oil & Gas Production · 3,400 employees
CNQ vs EOG FAQ
Which is bigger, Canadian Natural Resources or EOG Resources?
Canadian Natural Resources (CNQ) is larger, with a market capitalization of $99.88B compared with $77.44B for EOG Resources (EOG).
Which stock has performed better over the past year, CNQ or EOG?
CNQ returned +44.99% over the past 12 months, compared with +30.57% for EOG (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, CNQ or EOG?
EOG has the lower trailing P/E at 11.5, versus 11.9 for CNQ. 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 EOG Resources?
Canadian Natural Resources has the higher yield at 5.01%, compared with 2.76% for EOG Resources.
Are Canadian Natural Resources and EOG Resources in the same industry?
Yes. Both are classified in the Oil & Gas Production industry within the Energy sector.