Live Report · Updated January 26, 2026

ConocoPhillips vs Canadian Natural

This page compares ConocoPhillips and Canadian Natural Resources Limited, outlining how their business models, financial performance, and market context differ. Presented in a neutral, accessible way, it highlights structure, scale, and strategy without speculation. The comparison focuses on how each company approaches resource development and value creation within its market. Educational content, not financial advice.

This page compares ConocoPhillips and Canadian Natural Resources Limited, outlining how their business models, financial performance, and market context differ. Presented in a neutral, accessible way,...

Comparison Snapshot

Key Financial Metrics

COP

Metric

CNQ

$121.66B

Market Cap

$75.11B

11.61%

Potential Profit

-30.66%

Buy

Analyst Rating

Buy

Why It's Moving

ConocoPhillips Shares Surge 1.5% Amid Oil Sector Rally as Traders Eye Energy Momentum.

Stock advanced +1.52% to close at $98.35 on Jan 23 with 6.97 million shares traded, signaling robust buyer interest.
Weekly performance showed gains from $95.52 (Jan 20) through $97.15 (Jan 21) and $96.88 (Jan 22), reflecting steady upward trajectory.
Elevated volumes on Jan 21 (10.6M) and Jan 20 (10.8M) indicate investors positioning for potential oil price recovery in the energy sector.

Sentiment:

🐃Bullish

CNQ Surges to 1-Year High on Reports of Major Natural Gas Acquisition Push

Regulatory filing with Canada's Competition Bureau flags CNQ's pursuit of Tourmaline's Peace River operations, including 2,428 wells and extensive pipeline network, for preliminary approval.
Stock climbed sharply on 5.7 million shares traded, breaking past prior highs and reflecting optimism over strategic expansion in natural gas amid favorable sector dynamics.
Deal talks position CNQ to capitalize on undervalued assets valued up to $1.4 billion, strengthening its infrastructure in Alberta's prolific Peace River region.

Sentiment:

🐃Bullish

ConocoPhillips Shares Surge 1.5% Amid Oil Sector Rally as Traders Eye Energy Momentum.

Stock advanced +1.52% to close at $98.35 on Jan 23 with 6.97 million shares traded, signaling robust buyer interest.
Weekly performance showed gains from $95.52 (Jan 20) through $97.15 (Jan 21) and $96.88 (Jan 22), reflecting steady upward trajectory.
Elevated volumes on Jan 21 (10.6M) and Jan 20 (10.8M) indicate investors positioning for potential oil price recovery in the energy sector.

Sentiment:

🐃Bullish

CNQ Surges to 1-Year High on Reports of Major Natural Gas Acquisition Push

Regulatory filing with Canada's Competition Bureau flags CNQ's pursuit of Tourmaline's Peace River operations, including 2,428 wells and extensive pipeline network, for preliminary approval.
Stock climbed sharply on 5.7 million shares traded, breaking past prior highs and reflecting optimism over strategic expansion in natural gas amid favorable sector dynamics.
Deal talks position CNQ to capitalize on undervalued assets valued up to $1.4 billion, strengthening its infrastructure in Alberta's prolific Peace River region.

Sentiment:

🐃Bullish

Investment Analysis

ConocoPhillips

COP

Pros

ConocoPhillips delivered strong earnings per share growth in Q3 2025, exceeding analyst forecasts by over 11%.
The company raised its full-year production guidance and reduced operating costs, supported by synergies from the Marathon Oil acquisition.
ConocoPhillips increased its quarterly dividend by 8% and maintains a focus on shareholder returns despite industry headwinds.

Considerations

Revenue in Q3 2025 fell short of expectations, reflecting ongoing challenges from lower oil prices and market volatility.
The company is reducing its workforce by 20-25% by the end of 2025, indicating cost pressures and potential operational disruption.
Analysts highlight risks from oil price volatility and possible cost overruns on large-scale projects such as the Willow Project.

Canadian Natural

CNQ

Pros

Canadian Natural Resources maintains a robust asset base with diversified crude oil and natural gas production across multiple regions.
The company offers a high dividend yield, projected to increase to over 5% in 2026, appealing to income-focused investors.
Canadian Natural Resources trades at a lower price-to-earnings ratio than the sector average, suggesting relative valuation appeal.

Considerations

The company's production is exposed to regional risks, including widening crude oil discounts in Western Canada.
Growth prospects are limited by mature assets and a focus on maintaining production rather than significant expansion.
Canadian Natural Resources faces ongoing exposure to commodity price swings and regulatory changes in key operating regions.

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