TotalEnergies vs Canadian Natural

TotalEnergies SE and Canadian Natural Resources Limited are compared here to illuminate their business models, financial performance, and market context in a neutral, accessible way. Educational content, not financial advice.

TotalEnergies SE and Canadian Natural Resources Limited are compared here to illuminate their business models, financial performance, and market context in a neutral, accessible way. Educational conte...

Comparison Snapshot

Key Financial Metrics

TTE

Metric

CNQ

$147.24B

Market Cap

$75.17B

6.10%

Potential Profit

-29.01%

Buy

Analyst Rating

Buy

Why It's Moving

TotalEnergies locks in Libya oil extension through 2050 amid aggressive renewables push.

Libya agreement on Jan 24 extends Waha concessions to Dec 31, 2050, boosting production security and cash flow potential from established fields.
Signed 21-year PPA on Jan 24 to deliver 1 TWh of solar power from Malaysia's Citra Energies plant to Google, starting post-Q1 2026 financial close.
Divesting 10% non-operated stake in Nigeria's Renaissance JV licenses, streamlining portfolio amid strategic asset optimization.

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

TotalEnergies locks in Libya oil extension through 2050 amid aggressive renewables push.

Libya agreement on Jan 24 extends Waha concessions to Dec 31, 2050, boosting production security and cash flow potential from established fields.
Signed 21-year PPA on Jan 24 to deliver 1 TWh of solar power from Malaysia's Citra Energies plant to Google, starting post-Q1 2026 financial close.
Divesting 10% non-operated stake in Nigeria's Renaissance JV licenses, streamlining portfolio amid strategic asset optimization.

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

TotalEnergies

TTE

Pros

TotalEnergies SE is a diversified multi-energy company with significant operations in renewables, biofuels, natural gas, and electricity, supporting long-term energy transition.
The company maintains a strong balance sheet with a modest debt-to-equity ratio around 44% and healthy return metrics including 14.76% normalized return on equity.
TotalEnergies benefits from a large market capitalization exceeding $135 billion, providing financial stability and market presence in the integrated oil and gas sector.

Considerations

TotalEnergies experienced an 11% year-over-year revenue decline in the last twelve months, indicating top-line pressure in a challenging macro environment.
The company’s stock liquidity ratios like quick ratio (0.60) and current ratio (1.07) are lower compared to peers, suggesting tighter short-term financial flexibility.
TotalEnergies’ future growth score is relatively low, reflecting concerns over growth catalysts amid the energy transition and near-term market uncertainties.

Canadian Natural

CNQ

Pros

Canadian Natural Resources reported a 3.42% year-over-year revenue increase to CAD 38 billion, showing resilience and growth in commodity markets.
The company has a sizeable market capitalization of approximately USD 63 billion, positioning it as one of Canada's largest independent oil and gas producers.
Canadian Natural Resources focuses on exploration and development, leveraging strong operational capabilities in oil sands and natural gas liquids production.

Considerations

Canadian Natural’s quarterly revenue declined by nearly 4% recently, reflecting vulnerability to commodity price fluctuations and production challenges.
The company operates with a higher price-to-sales ratio (~2.24) compared to TotalEnergies, which may imply higher valuation risk or sensitivity to revenue changes.
Canadian Natural’s financial disclosures show less detail on liquidity and return metrics compared to integrated majors, adding some opacity on balance sheet strength.

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