Canadian Natural Resources (CNQ) vs Diamondback Energy (FANG)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 10, 2026.
Summary
Canadian Natural Resources (CNQ) has outperformed Diamondback Energy (FANG) over the past year, gaining 51.8% versus a gain of 33.2%. Over five years, CNQ leads with a +139.4% price change compared with +77.4% for FANG. Canadian Natural Resources is the larger company by market cap ($102.35 billion vs $53.80 billion), about 1.9 times the size.
On valuation, Diamondback Energy trades at a lower forward P/E (10.3x vs 12.6x for Canadian Natural Resources). Canadian Natural Resources offers the higher dividend yield (4.88% vs 2.21%).
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 | FANG |
|---|---|---|
| Share price | $49.65 | $192.13 |
| Market cap | $102.35B | $53.80B |
| 1-day change | +1.22% | +0.23% |
| YTD return | +46.68% | +27.81% |
| 1-year return | +51.79% | +33.23% |
| 5-year return | +139.40% | +77.44% |
| P/E ratio (TTM) | 12.05 | 36.60 |
| Forward P/E | 12.63 | 10.25 |
| EPS (TTM) | $4.12 | $5.25 |
| Dividend yield | 4.88% | 2.21% |
| Annual dividend | $2.43 | $4.25 |
| Revenue (latest FY) | — | $15.03B |
| Revenue growth (YoY) | — | +35.79% |
| Net income (latest FY) | — | $1.66B |
| Operating margin | — | 8.43% |
| Net margin | — | 11.07% |
| 52-week high | $52.31 | $216.90 |
| 52-week low | $29.68 | $137.03 |
| Distance from 52-week high | -5.09% | -11.42% |
| Analyst consensus | buy | strong_buy |
| Avg. price target upside | -2.88% | +22.14% |
| Average volume | 6.55M | 2.35M |
| Shares outstanding | 2.06B | 280.02M |
| Employees | 10,750 | 1,762 |
| 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 FANG by 18.6 percentage points over the past year.
- Diamondback Energy trades at a higher earnings multiple (36.6x vs 12.1x trailing P/E).
- Canadian Natural Resources offers a meaningfully higher dividend yield (4.88% vs 2.21%).
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 Diamondback Energy
FANG stock →Diamondback Energy, Inc., an independent oil and natural gas company, acquires, develops, explores, and exploits unconventional, onshore oil and natural gas reserves in the Permian Basin in West Texas, the United States. The company primarily focuses on the development of the Spraberry and Wolfcamp formations of the Midland Basin; and the Wolfcamp and Bone Spring formations of the Delaware Basin, both of which are part of the Permian Basin in West Texas and New Mexico.
Energy · Oil & Gas Production · 1,762 employees
CNQ vs FANG FAQ
Which is bigger, Canadian Natural Resources or Diamondback Energy?
Canadian Natural Resources (CNQ) is larger, with a market capitalization of $102.35B compared with $53.80B for Diamondback Energy (FANG).
Which stock has performed better over the past year, CNQ or FANG?
CNQ returned +51.79% over the past 12 months, compared with +33.23% for FANG (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, CNQ or FANG?
CNQ has the lower trailing P/E at 12.1, versus 36.6 for FANG. 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 Diamondback Energy?
Canadian Natural Resources has the higher yield at 4.88%, compared with 2.21% for Diamondback Energy.
Are Canadian Natural Resources and Diamondback Energy in the same industry?
Yes. Both are classified in the Oil & Gas Production industry within the Energy sector.