On trailing earnings, CNQ is cheaper: CNQ trades at a 12.56 P/E and E at 26.27.

Which has grown faster, CNQ or E?

Over the past five years, CNQ grew revenue faster — CNQ at a 14.46% CAGR versus E at 12.09%.

Does CNQ or E pay a bigger dividend?

CNQ yields 4.15% and E yields 5.18% based on trailing dividends and the latest price.

Is CNQ or E more profitable?

CNQ runs the higher net margin — CNQ at 23.94% versus E at 3.15%.

Which has been the better investment, CNQ or E?

Over the past 10-year, CNQ delivered the higher annualized total return — CNQ at 16.09% versus E at 11.38%. Past performance doesn't predict future results.

Canadian Natural Resources Limited (CNQ) vs Eni S.p.A. (E)

CNQ leads on 11 of 17 compared metrics.

A side-by-side comparison of Canadian Natural Resources Limited and Eni S.p.A. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of July 9, 2026. The ● marks the stronger figure on each row (cheaper multiple, higher margin/return).

CNQ

Canadian Natural Resources Limited

Total return — CNQ vs E

growth of $100 · last 26y

CNQ +2366.9%E +118.7%CNQ compounded faster

Log scale — wide-divergence pair

CNQ E

CNQ vs E: by the numbers

•CNQ is the larger company ($87.35B vs $69.86B market cap).
•CNQ trades at the lower earnings multiple (12.56 vs 26.27 P/E).
•CNQ converts more revenue to profit (23.94% vs 3.15% net margin).
•CNQ grew revenue faster over the past five years (14.46% vs 12.09% CAGR).
•E pays the higher dividend yield (5.18% vs 4.15%).

Which is better, CNQ or E?

Metric tally: CNQ 11 · E 6

It depends on what you're optimizing for:

ValueCNQ(lower P/E)

GrowthCNQ(faster 5Y revenue CAGR)

IncomeE(higher dividend yield)

QualityCNQ(higher ROIC)

Metrics side by side

Valuation

Metric	CNQ	E
P/E ratio	12.56●	26.27
Forward P/E	10.10	9.35●
P/S ratio	3.01	0.78●
P/B ratio	3.85	1.28●
PEG ratio	0.11●	2.12
EV / EBITDA	6.66●	7.94
FCF yield	5.04%●	4.88%

Profitability

Metric	CNQ	E
Gross margin	21.29%●	5.60%
Operating margin	18.62%●	5.36%
Net margin	23.94%●	3.15%
ROE	30.65%●	5.15%
ROIC	7.95%●	1.88%

Dividends

Metric	CNQ	E
Dividend yield	4.15%	5.18%●
Payout ratio	46.77%	124.00%

Growth (annualized)

Metric	CNQ	E
Revenue CAGR (5Y)	14.46%●	12.09%
EPS CAGR (5Y)	13.65%	67.18%●
FCF CAGR (5Y)	13.93%	19.80%●
Total return CAGR (5Y)	25.35%●	23.93%

Frequently asked

Which is better, CNQ or E?: It depends on your goal. value: CNQ (lower P/E); growth: CNQ (faster 5Y revenue CAGR); income: E (higher dividend yield); quality: CNQ (higher ROIC). Across all compared metrics, CNQ leads 11 to 6.
Is CNQ or E cheaper?: On trailing earnings, CNQ is cheaper: CNQ trades at a 12.56 P/E and E at 26.27.
Which has grown faster, CNQ or E?: Over the past five years, CNQ grew revenue faster — CNQ at a 14.46% CAGR versus E at 12.09%.
Does CNQ or E pay a bigger dividend?: CNQ yields 4.15% and E yields 5.18% based on trailing dividends and the latest price.
Is CNQ or E more profitable?: CNQ runs the higher net margin — CNQ at 23.94% versus E at 3.15%.
Which has been the better investment, CNQ or E?: Over the past 10-year, CNQ delivered the higher annualized total return — CNQ at 16.09% versus E at 11.38%. Past performance doesn't predict future results.

Go deeper

Full CNQ analysis Full E analysis Interactive comparison tool

Dig into the metrics

Canadian Natural Resources P/E ratio Eni S.p.A. P/E ratio Canadian Natural Resources dividend yield Eni S.p.A. dividend yield Canadian Natural Resources ROE Eni S.p.A. ROE Canadian Natural Resources operating margin Eni S.p.A. operating margin Canadian Natural Resources revenue growth Eni S.p.A. revenue growth Canadian Natural Resources free cash flow Eni S.p.A. free cash flow

Canadian Natural Resources & Eni S.p.A. appear in these rankings

Highest Dividend Yield Stocks Highest ROE Stocks Highest FCF Yield Stocks Best 10-Year Total Return Stocks

Figures are sourced from reported fundamentals and the latest end-of-day price. This comparison is informational only and is not investment advice. Past performance does not predict future results. See our methodology. Compiled by TGMCharts Research · data verified July 9, 2026.