Canadian Natural Resources Limited (CNQ) vs EOG Resources, Inc. (EOG)
EOG leads on 9 of 14 compared metrics.
A side-by-side comparison of Canadian Natural Resources Limited and EOG Resources, Inc. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of June 13, 2026. The ● marks the stronger figure on each row (cheaper multiple, higher margin/return).
Total return — CNQ vs EOG
growth of $100 · last 26yCNQ +2533.7%EOG +1749.1%CNQ compounded faster
CNQ EOG
CNQ vs EOG: by the numbers
- •CNQ is the larger company ($94.49B vs $72.78B market cap).
- •CNQ converts more revenue to profit (23.94% vs 23.41% net margin).
- •EOG grew revenue faster over the past five years (17.61% vs 14.46% CAGR).
- •EOG pays the higher dividend yield (2.95% vs 2.89%).
Which is better, CNQ or EOG?
Metric tally: CNQ 5 · EOG 9It depends on what you're optimizing for:
GrowthEOG(faster 5Y revenue CAGR)
IncomeEOG(higher dividend yield)
QualityEOG(higher ROIC)
Valuation
| Metric | CNQ | EOG |
|---|---|---|
| P/E ratio | 13.41 | 13.45 |
| Forward P/E | 9.16 | 9.20 |
| P/S ratio | 3.22 | 3.11● |
| P/B ratio | 4.12 | 2.37● |
| PEG ratio | 0.11● | 1.16 |
| EV / EBITDA | 6.46 | 6.37 |
| FCF yield | 4.72% | 5.79%● |
Profitability
| Metric | CNQ | EOG |
|---|---|---|
| Gross margin | 30.69% | 71.29%● |
| Operating margin | 26.74% | 36.92%● |
| Net margin | 23.94%● | 23.41% |
| ROE | 30.65%● | 17.79% |
| ROIC | 7.95% | 58.12%● |
Dividends
| Metric | CNQ | EOG |
|---|---|---|
| Dividend yield | 2.89% | 2.95%● |
| Payout ratio | 34.74% | 44.05% |
Growth (annualized)
| Metric | CNQ | EOG |
|---|---|---|
| Revenue CAGR (5Y) | 14.46% | 17.61%● |
| EPS CAGR (5Y) | 13.65%● | 11.64% |
| FCF CAGR (5Y) | 13.93% | 21.47%● |
| Total return CAGR (5Y) | 25.57%● | 15.42% |
Frequently asked
- Which is better, CNQ or EOG?
- It depends on your goal. growth: EOG (faster 5Y revenue CAGR); income: EOG (higher dividend yield); quality: EOG (higher ROIC). Across all compared metrics, EOG leads 9 to 5.
- Is CNQ or EOG cheaper?
- On trailing earnings, CNQ is cheaper: CNQ trades at a 13.41 P/E and EOG at 13.45.
- Which has grown faster, CNQ or EOG?
- Over the past five years, EOG grew revenue faster — CNQ at a 14.46% CAGR versus EOG at 17.61%.
- Does CNQ or EOG pay a bigger dividend?
- CNQ yields 2.89% and EOG yields 2.95% based on trailing dividends and the latest price.
- Is CNQ or EOG more profitable?
- CNQ runs the higher net margin — CNQ at 23.94% versus EOG at 23.41%.
- Which has been the better investment, CNQ or EOG?
- Over the past 10-year, CNQ delivered the higher annualized total return — CNQ at 17.67% versus EOG at 8.70%. Past performance doesn't predict future results.
Go deeper
Dig into the metrics
Canadian Natural Resources P/E ratioEOG Resources P/E ratioCanadian Natural Resources dividend yieldEOG Resources dividend yieldCanadian Natural Resources ROEEOG Resources ROECanadian Natural Resources operating marginEOG Resources operating marginCanadian Natural Resources revenue growthEOG Resources revenue growthCanadian Natural Resources free cash flowEOG Resources free cash flow
Canadian Natural Resources & EOG Resources appear in these rankings
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 June 13, 2026.