Canadian Natural Resources Limited (CNQ) vs Enterprise Products Partners L.P. (EPD)
CNQ leads on 12 of 17 compared metrics.
A side-by-side comparison of Canadian Natural Resources Limited and Enterprise Products Partners L.P. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of June 24, 2026. The ● marks the stronger figure on each row (cheaper multiple, higher margin/return).
CNQ
Canadian Natural Resources Limited
$41.02Energy
EPD
Enterprise Products Partners L.P.
$37.13Energy
Total return — CNQ vs EPD
growth of $100 · last 26yCNQ +2329.7%EPD +533.6%CNQ compounded faster
CNQ EPD
CNQ vs EPD: by the numbers
- •CNQ is the larger company ($82.32B vs $80.33B market cap).
- •CNQ trades at the lower earnings multiple (12.15 vs 13.75 P/E).
- •CNQ converts more revenue to profit (23.94% vs 11.42% net margin).
- •CNQ grew revenue faster over the past five years (14.46% vs 12.30% CAGR).
- •EPD pays the higher dividend yield (5.90% vs 4.27%).
Which is better, CNQ or EPD?
Metric tally: CNQ 12 · EPD 5It depends on what you're optimizing for:
ValueCNQ(lower P/E)
GrowthCNQ(faster 5Y revenue CAGR)
IncomeEPD(higher dividend yield)
QualityEPD(higher ROIC)
Metrics side by side
Valuation
| Metric | CNQ | EPD |
|---|---|---|
| P/E ratio | 12.15● | 13.75 |
| Forward P/E | 11.79 | 11.53● |
| P/S ratio | 2.91 | 1.57● |
| P/B ratio | 3.73 | 2.75● |
| PEG ratio | 0.11● | 1.49 |
| EV / EBITDA | 5.91● | 11.30 |
| FCF yield | 5.21%● | 2.71% |
Profitability
| Metric | CNQ | EPD |
|---|---|---|
| Gross margin | 30.69%● | 14.18% |
| Operating margin | 26.74%● | 13.86% |
| Net margin | 23.94%● | 11.42% |
| ROE | 30.65%● | 19.95% |
| ROIC | 7.95% | 10.29%● |
Dividends
| Metric | CNQ | EPD |
|---|---|---|
| Dividend yield | 4.27% | 5.90%● |
| Payout ratio | 46.48% | 82.33% |
Growth (annualized)
| Metric | CNQ | EPD |
|---|---|---|
| Revenue CAGR (5Y) | 14.46%● | 12.30% |
| EPS CAGR (5Y) | 13.65%● | 9.24% |
| FCF CAGR (5Y) | 13.93%● | -6.23% |
| Total return CAGR (5Y) | 22.66%● | 17.08% |
Frequently asked
- Which is better, CNQ or EPD?
- It depends on your goal. value: CNQ (lower P/E); growth: CNQ (faster 5Y revenue CAGR); income: EPD (higher dividend yield); quality: EPD (higher ROIC). Across all compared metrics, CNQ leads 12 to 5.
- Is CNQ or EPD cheaper?
- On trailing earnings, CNQ is cheaper: CNQ trades at a 12.15 P/E and EPD at 13.75.
- Which has grown faster, CNQ or EPD?
- Over the past five years, CNQ grew revenue faster — CNQ at a 14.46% CAGR versus EPD at 12.30%.
- Does CNQ or EPD pay a bigger dividend?
- CNQ yields 4.27% and EPD yields 5.90% based on trailing dividends and the latest price.
- Is CNQ or EPD more profitable?
- CNQ runs the higher net margin — CNQ at 23.94% versus EPD at 11.42%.
- Which has been the better investment, CNQ or EPD?
- Over the past 10-year, CNQ delivered the higher annualized total return — CNQ at 15.64% versus EPD at 9.85%. Past performance doesn't predict future results.
Go deeper
Dig into the metrics
Canadian Natural Resources P/E ratioEnterprise Products Partners L.P. P/E ratioCanadian Natural Resources dividend yieldEnterprise Products Partners L.P. dividend yieldCanadian Natural Resources ROEEnterprise Products Partners L.P. ROECanadian Natural Resources operating marginEnterprise Products Partners L.P. operating marginCanadian Natural Resources revenue growthEnterprise Products Partners L.P. revenue growthCanadian Natural Resources free cash flowEnterprise Products Partners L.P. free cash flow
Canadian Natural Resources & Enterprise Products Partners L.P. 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 24, 2026.