CNQ vs. DINO: Canadian Natural Resources vs. HF Sinclair Stock Comparison
How do Canadian Natural Resources (CNQ) and HF Sinclair (DINO) stack up? This page sets them side by side across company profile, performance and risk, profitability, growth, financial strength, dividends, and valuation, with selected fundamentals also measured against each stock's industry-group peers.
Company Profile
Canadian Natural Resources (CNQ) and HF Sinclair (DINO) both belong to the Oil, Gas & Consumable Fuels industry, though CNQ is classified under Oil & Gas Exploration & Production while DINO falls under Oil & Gas Refining & Marketing.
| Profile Item | CNQ | DINO |
|---|---|---|
| Name | Canadian Natural Resources Ltd. | HF Sinclair Corporation |
| Country/Region | Canada | United States |
| GICS Sector | Energy | Energy |
| GICS Industry Group | Energy | Energy |
| GICS Industry | Oil, Gas & Consumable Fuels | Oil, Gas & Consumable Fuels |
| GICS Sub-Industry | Oil & Gas Exploration & Production | Oil & Gas Refining & Marketing |
| Market Capitalization | 98.81 billion USD | 16.45 billion USD |
| Currency | USD | USD |
| Exchange | NYSE | NYSE |
| Listing Date | July 31, 2000 | March 17, 1980 |
| Security Type | Common Stock | Common Stock |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | CNQ | DINO |
|---|---|---|
| Total Return (1Y) | 56.47% | 90.18% |
| Total Return (3Y, Annualized) | 19.27% | 29.39% |
| Total Return (5Y, Annualized) | 23.01% | 28.64% |
Risk Profile
Drawdown History
Return Distribution
Risk Metrics
| Metric | CNQ | DINO |
|---|---|---|
| Volatility (1Y, Annualized) | 32.07% | 41.52% |
| Beta (5Y) | 0.48 | 0.76 |
| Max Drawdown (5Y) | -35.85% | -57.35% |
| Avg. Volume (3M) | 6.32M | 2.52M |
Risk-Adjusted Performance
Risk-Return Positioning
Risk-Adjusted Metrics
| Metric | CNQ | DINO |
|---|---|---|
| Sharpe Ratio (1Y) | 1.63 | 2.07 |
| Sortino Ratio (1Y) | 2.31 | 3.06 |
Profitability
ROE (TTM)
Both Canadian Natural Resources (CNQ) at 32.39% and HF Sinclair (DINO) at 33.21% sit in the top peer quartile for ROE, suggesting each generates more profit from shareholders’ equity than typical industry peers.
CNQ
Energy industry group
32.39%
- Max
- 53.85%
- CNQ
- 32.39%
- Q3
- 24.79%
- Median
- 12.85%
- Q1
- 2.03%
- Min
- -29.09%
DINO
Energy industry group
33.21%
- Max
- 53.85%
- DINO
- 33.21%
- Q3
- 24.79%
- Median
- 12.85%
- Q1
- 2.03%
- Min
- -29.09%
Net Margin (TTM)
Canadian Natural Resources (CNQ) at 29.51% retains a top-quartile share of revenue as profit, ahead of HF Sinclair (DINO) at 10.13%, which keeps about the industry-typical share.
CNQ
Energy industry group
29.51%
- Max
- 56.92%
- CNQ
- 29.51%
- Q3
- 22.92%
- Median
- 10.10%
- Q1
- 0.07%
- Min
- -27.38%
DINO
Energy industry group
10.13%
- Max
- 56.92%
- Q3
- 22.92%
- DINO
- 10.13%
- Median
- 10.10%
- Q1
- 0.07%
- Min
- -27.38%
Operating Margin (TTM)
Both Canadian Natural Resources (CNQ) at 32.24% and HF Sinclair (DINO) at 25.13% run core operations about as efficiently as their industries’ norm — neither stands out on operating profitability.
CNQ
Energy industry group
32.24%
- Max
- 71.31%
- Q3
- 33.75%
- CNQ
- 32.24%
- Median
- 18.73%
- Q1
- 6.94%
- Min
- -24.52%
DINO
Energy industry group
25.13%
- Max
- 71.31%
- Q3
- 33.75%
- DINO
- 25.13%
- Median
- 18.73%
- Q1
- 6.94%
- Min
- -24.52%
Profitability Metrics
| Metric | CNQ | DINO |
|---|---|---|
| ROE (TTM) | 32.39% | 33.21% |
| ROA (TTM) | 9.97% | 15.77% |
| Net Margin (TTM) | 29.51% | 10.13% |
| Operating Margin (TTM) | 32.24% | 25.13% |
| Gross Margin (TTM) | 52.92% | 18.01% |
Growth
Revenue Growth
Both Canadian Natural Resources (CNQ) at 6.40% and HF Sinclair (DINO) at -5.99% land near their industries' usual revenue growth ranges, so top-line momentum looks broadly in line with peers on both sides.
EPS Growth
Both companies show strong earnings momentum, but HF Sinclair (DINO) at 238.46% is the standout with EPS growth above its industry range; Canadian Natural Resources (CNQ) at 81.05% also sits in the top quartile.
Growth Metrics
| Metric | CNQ | DINO |
|---|---|---|
| Revenue Growth (YoY) | 6.40% | -5.99% |
| Revenue Growth (3Y CAGR) | -3.75% | -11.07% |
| EPS Growth (YoY) | 81.05% | 238.46% |
| EPS Growth (3Y CAGR) | 2.73% | -40.03% |
Financial Strength
Current Ratio (MRQ)
Canadian Natural Resources (CNQ) at 0.99 keeps current ratio within its industry’s typical mid-range, while HF Sinclair (DINO) at 2.27 sits above its industry’s typical mid-range — comfortable liquidity, though possibly with more idle current assets relative to peers.
CNQ
Energy industry group
0.99
- Max
- 3.64
- Q3
- 2.21
- Median
- 1.41
- CNQ
- 0.99
- Q1
- 0.88
- Min
- 0.24
DINO
Energy industry group
2.27
- Max
- 3.64
- DINO
- 2.27
- Q3
- 2.21
- Median
- 1.41
- Q1
- 0.88
- Min
- 0.24
Debt / Equity (MRQ)
HF Sinclair (DINO) at 0.29 keeps leverage in the lower industry quartile, while Canadian Natural Resources (CNQ) at 0.42 runs a more typical debt-to-equity mix.
CNQ
Energy industry group
0.42
- Max
- 1.75
- Q3
- 0.93
- Median
- 0.54
- CNQ
- 0.42
- Q1
- 0.30
- Min
- 0.00
DINO
Energy industry group
0.29
- Max
- 1.75
- Q3
- 0.93
- Median
- 0.54
- Q1
- 0.30
- DINO
- 0.29
- Min
- 0.00
Financial Strength Metrics
| Metric | CNQ | DINO |
|---|---|---|
| Current Ratio (MRQ) | 0.99 | 2.27 |
| Debt / Equity (MRQ) | 0.42 | 0.29 |
| Net Debt / EBITDA | 0.67 | 0.01 |
Dividends
Dividend Yield (TTM)
Canadian Natural Resources (CNQ) at 5.03% delivers top-quartile income for its industry, while HF Sinclair (DINO) at 2.07% pays a more typical yield — both are credible income propositions, CNQ the richer one.
CNQ
Energy industry group
5.03%
- Max
- 8.57%
- CNQ
- 5.03%
- Q3
- 3.58%
- Median
- 1.71%
- Q1
- 0.00%
- Min
- 0.00%
DINO
Energy industry group
2.07%
- Max
- 8.57%
- Q3
- 3.58%
- DINO
- 2.07%
- Median
- 1.71%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Payout Ratio (TTM)
Both Canadian Natural Resources (CNQ) at 36.37% and HF Sinclair (DINO) at 10.32% keep payout ratio within their industries’ typical mid-ranges — dividend policies that share earnings without consuming too much of them.
CNQ
Energy industry group
36.37%
- Max
- 133.24%
- Q3
- 53.31%
- CNQ
- 36.37%
- Median
- 25.24%
- Q1
- 0.00%
- Min
- 0.00%
DINO
Energy industry group
10.32%
- Max
- 133.24%
- Q3
- 53.31%
- Median
- 25.24%
- DINO
- 10.32%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Metrics
| Metric | CNQ | DINO |
|---|---|---|
| Dividend Yield (TTM) | 5.03% | 2.07% |
| Dividend Payout Ratio (TTM) | 36.37% | 10.32% |
Valuation
P/E Ratio (TTM)
HF Sinclair (DINO) at 4.95 sits in the cheaper P/E ratio quartile, while Canadian Natural Resources (CNQ) at 9.95 is closer to its industry’s usual earnings multiple — a discount for DINO, though growth and earnings durability still matter.
CNQ
Energy industry group
9.95
- Max
- 39.54
- Q3
- 21.72
- Median
- 12.19
- CNQ
- 9.95
- Q1
- 7.71
- Min
- 2.99
DINO
Energy industry group
4.95
- Max
- 39.54
- Q3
- 21.72
- Median
- 12.19
- Q1
- 7.71
- DINO
- 4.95
- Min
- 2.99
P/S Ratio (TTM)
HF Sinclair (DINO) at 0.47 sits in the cheaper P/S ratio quartile while Canadian Natural Resources (CNQ) at 2.06 prices around its industry’s middle — DINO costs less per dollar of sales, though read it alongside growth and margins.
CNQ
Energy industry group
2.06
- Max
- 5.40
- Q3
- 2.85
- CNQ
- 2.06
- Median
- 1.69
- Q1
- 0.88
- Min
- 0.00
DINO
Energy industry group
0.47
- Max
- 5.40
- Q3
- 2.85
- Median
- 1.69
- Q1
- 0.88
- DINO
- 0.47
- Min
- 0.00
P/B Ratio (MRQ)
HF Sinclair (DINO) at 1.43 is valued about in line with its industry on P/B ratio, while Canadian Natural Resources (CNQ) at 2.97 carries an above-peer premium to book — CNQ is pricier on assets.
CNQ
Energy industry group
2.97
- Max
- 4.21
- CNQ
- 2.97
- Q3
- 2.38
- Median
- 1.51
- Q1
- 1.08
- Min
- 0.01
DINO
Energy industry group
1.43
- Max
- 4.21
- Q3
- 2.38
- Median
- 1.51
- DINO
- 1.43
- Q1
- 1.08
- Min
- 0.01
Valuation Metrics
| Metric | CNQ | DINO |
|---|---|---|
| P/E Ratio (TTM) | 9.95 | 4.95 |
| P/S Ratio (TTM) | 2.06 | 0.47 |
| P/B Ratio (MRQ) | 2.97 | 1.43 |
| Free Cash Flow Yield (TTM) | 12.33% | 18.17% |