1 week Ago By ABMN Staff
Chord Energy ( NASDAQ:CHRD – Get Free Report ) and Canadian Natural Resources ( NYSE:CNQ – Get Free Report ) are both oils/energy companies, but which is the better investment? We will compare the two businesses based on the strength of their risk, dividends, profitability, earnings, analyst recommendations, institutional ownership and valuation. Profitability This table compares Chord Energy and Canadian Natural Resources’ net margins, return on equity and return on assets. Dividends Chord Energy pays an annual dividend of $5.
00 per share and has a dividend yield of 3.7%. Canadian Natural Resources pays an annual dividend of $1.
52 per share and has a dividend yield of 4.6%. Chord Energy pays out 23.
5% of its earnings in the form of a dividend. Canadian Natural Resources pays out 60.6% of its earnings in the form of a dividend.
Both companies have healthy payout ratios and should be able to cover their dividend payments with earnings for the next several years. Valuation and Earnings Canadian Natural Resources has higher revenue and earnings than Chord Energy. Chord Energy is trading at a lower price-to-earnings ratio than Canadian Natural Resources, indicating that it is currently the more affordable of the two stocks.
Volatility and Risk Chord Energy has a beta of 0.99, indicating that its stock price is 1% less volatile than the S&P 500. Comparatively, Canadian Natural Resources has a beta of 1.
51, indicating that its stock price is 51% more volatile than the S&P 500. Institutional and Insider Ownership 97.8% of Chord Energy shares are held by institutional investors.
Comparatively, 74.0% of Canadian Natural Resources shares are held by institutional investors. 0.
7% of Chord Energy shares are held by company insiders. Comparatively, 5.0% of Canadian Natural Resources shares are held by company insiders.
Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a company will outperform the market over the long term. Analyst Recommendations This is a summary of recent ratings and price targets for Chord Energy and Canadian Natural Resources, as reported by MarketBeat. Chord Energy presently has a consensus target price of $202.
10, suggesting a potential upside of 50.41%. Canadian Natural Resources has a consensus target price of $49.
50, suggesting a potential upside of 48.96%. Given Chord Energy’s stronger consensus rating and higher probable upside, research analysts plainly believe Chord Energy is more favorable than Canadian Natural Resources.
Summary Canadian Natural Resources beats Chord Energy on 9 of the 16 factors compared between the two stocks. About Chord Energy ( Get Free Report ) Chord Energy Corporation operates as an independent exploration and production company in the United States. It acquires, explores, develops, and produces crude oil, natural gas, and natural gas liquids in the Williston Basin.
The company sells its products to refiners, marketers, and other purchasers that have access to nearby pipeline and rail facilities. The company was formerly known as Oasis Petroleum Inc. and changed its name to Chord Energy Corporation in July 2022.
Chord Energy Corporation was founded in 2007 and is headquartered in Houston, Texas. About Canadian Natural Resources ( Get Free Report ) Canadian Natural Resources Limited acquires, explores for, develops, produces, markets, and sells crude oil, natural gas, and natural gas liquids (NGLs). The company offers light and medium crude oil, primary heavy crude oil, Pelican Lake heavy crude oil, bitumen (thermal oil), and synthetic crude oil (SCO).
The company's midstream assets include two pipeline systems; and a 50% working interest in an 84-megawatt cogeneration plant at Primrose. It operates primarily in Western Canada; the United Kingdom portion of the North Sea; and Offshore Africa. The company was formerly known as AEX Minerals Corporation and changed its name to Canadian Natural Resources Limited in December 1975.
Canadian Natural Resources Limited was incorporated in 1973 and is headquartered in Calgary, Canada. Receive News & Ratings for Chord Energy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Chord Energy and related companies with MarketBeat.com's FREE daily email newsletter .
.
