Head to Head Comparison: Chord Energy (NASDAQ:CHRD) versus Canadian Natural Resources (NYSE:CNQ)

Chord Energy (NASDAQ:CHRD) and Canadian Natural Resources (NYSE:CNQ) are both oils/energy companies, but which is the superior stock? We will contrast the two businesses based on the strength of their institutional ownership, risk, valuation, dividends, analyst recommendations, profitability and earnings.

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 large money managers, endowments and hedge funds believe a stock is poised for long-term growth.

Analyst Ratings

This is a summary of recent ratings and price targets for Chord Energy and Canadian Natural Resources, as provided by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Chord Energy	0	2	9	0	2.82
Canadian Natural Resources	0	5	1	0	2.17

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 possible upside, research analysts plainly believe Chord Energy is more favorable than Canadian Natural Resources.

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.

Risk and Volatility

Chord Energy has a beta of 0.99, suggesting that its share price is 1% less volatile than the S&P 500. Comparatively, Canadian Natural Resources has a beta of 1.51, suggesting that its share price is 51% more volatile than the S&P 500.

Earnings & Valuation

This table compares Chord Energy and Canadian Natural Resources’ top-line revenue, earnings per share and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Chord Energy	$4.43 billion	1.26	$1.02 billion	$21.31	6.31
Canadian Natural Resources	$42.49 billion	1.66	$6.10 billion	$2.51	13.24

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.

Profitability

This table compares Chord Energy and Canadian Natural Resources’ net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Chord Energy	20.83%	15.06%	10.60%
Canadian Natural Resources	18.05%	22.09%	11.51%

Summary

Canadian Natural Resources beats Chord Energy on 9 of the 16 factors compared between the two stocks.

About Chord Energy

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

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.