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CNQ vs. PR: Canadian Natural Resources vs. Permian Resources Stock Comparison

How do Canadian Natural Resources (CNQ) and Permian Resources (PR) 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 Permian Resources (PR) are both classified in the Oil & Gas Exploration & Production sub-industry within the broader Oil, Gas & Consumable Fuels industry, placing them in the closest GICS peer bucket.

Company profile comparison for Canadian Natural Resources (CNQ) and Permian Resources (PR)
Profile ItemCNQPR
NameCanadian Natural Resources Ltd.Permian Resources Corp Class A Common Stock
Country/RegionCanadaUnited States
GICS SectorEnergyEnergy
GICS Industry GroupEnergyEnergy
GICS IndustryOil, Gas & Consumable FuelsOil, Gas & Consumable Fuels
GICS Sub-IndustryOil & Gas Exploration & ProductionOil & Gas Exploration & Production
Market Capitalization98.81 billion USD18.24 billion USD
CurrencyUSDUSD
ExchangeNYSENYSE
Listing DateJuly 31, 2000April 15, 2016
Security TypeCommon StockCommon Stock

Price Performance

Cumulative Growth

CNQ
PR
GSPC
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Canadian Natural Resources (CNQ) vs. Permian Resources (PR), with S&P 500 (GSPC) for reference: Growth of a $10,000 investment over the past five years. Adjusted for dividends and splits.

Trailing Returns

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Trailing total returns for Canadian Natural Resources (CNQ) and Permian Resources (PR). Returns over one year are annualized.

Calendar-Year Returns

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Calendar-year total returns for Canadian Natural Resources (CNQ) and Permian Resources (PR). Each bar is that year's total return, measured year-end to year-end.

Performance Metrics

Price performance metrics for Canadian Natural Resources (CNQ) and Permian Resources (PR)
MetricCNQPR
Total Return (1Y)56.47%69.18%
Total Return (3Y, Annualized)19.27%23.63%
Total Return (5Y, Annualized)23.01%26.41%

Risk Profile

Drawdown History

CNQ
PR
GSPC
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Canadian Natural Resources (CNQ) vs. Permian Resources (PR), with S&P 500 (GSPC) for reference: Drawdown from the running peak over the past five years. Each line shows the decline from its prior peak; 0% marks a new high.

Return Distribution

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Distribution of monthly total returns for Canadian Natural Resources (CNQ) and Permian Resources (PR). Each bar is the share of months whose return fell in that 5% bucket.

Risk Metrics

Risk profile metrics for Canadian Natural Resources (CNQ) and Permian Resources (PR)
MetricCNQPR
Volatility (1Y, Annualized)32.07%34.59%
Beta (5Y)0.480.65
Max Drawdown (5Y)-35.85%-44.31%
Avg. Volume (3M)6.32M9.78M

Risk-Adjusted Performance

Risk-Return Positioning

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CNQ and PR are plotted by 1-year volatility (risk) and 1-year return. The dashed Capital Allocation Line runs from the risk-free rate through the shared industry median.

Risk-Adjusted Metrics

Risk-adjusted metrics for Canadian Natural Resources (CNQ) and Permian Resources (PR)
MetricCNQPR
Sharpe Ratio (1Y)1.631.88
Sortino Ratio (1Y)2.312.73

Profitability

ROE (TTM)

Canadian Natural Resources (CNQ) at 32.39% sits in the top ROE quartile, while Permian Resources (PR) at 13.95% is closer to the peer norm — stronger capital efficiency for CNQ.

CNQ

Energy industry group

32.39%

Max
53.85%
CNQ
32.39%
Q3
24.79%
Median
12.85%
Q1
2.03%
Min
-29.09%

PR

Energy industry group

13.95%

Max
53.85%
Q3
24.79%
PR
13.95%
Median
12.85%
Q1
2.03%
Min
-29.09%
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Canadian Natural Resources (CNQ) vs. Permian Resources (PR): A comparison of their ROE against the Energy industry group benchmark.

Net Margin (TTM)

For every dollar of sales, both Canadian Natural Resources (CNQ) at 29.51% and Permian Resources (PR) at 25.04% retain more as net profit than most peers, landing in the top net margin quartile of their industries.

CNQ

Energy industry group

29.51%

Max
56.92%
CNQ
29.51%
Q3
22.92%
Median
10.10%
Q1
0.07%
Min
-27.38%

PR

Energy industry group

25.04%

Max
56.92%
PR
25.04%
Q3
22.92%
Median
10.10%
Q1
0.07%
Min
-27.38%
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Canadian Natural Resources (CNQ) vs. Permian Resources (PR): A comparison of their net margin against the Energy industry group benchmark.

Operating Margin (TTM)

Both Canadian Natural Resources (CNQ) at 32.24% and Permian Resources (PR) at 29.59% 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%

PR

Energy industry group

29.59%

Max
71.31%
Q3
33.75%
PR
29.59%
Median
18.73%
Q1
6.94%
Min
-24.52%
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Canadian Natural Resources (CNQ) vs. Permian Resources (PR): A comparison of their operating margin against the Energy industry group benchmark.

Profitability Metrics

Profitability metrics for Canadian Natural Resources (CNQ) and Permian Resources (PR)
MetricCNQPR
ROE (TTM)32.39%13.95%
ROA (TTM)9.97%7.73%
Net Margin (TTM)29.51%25.04%
Operating Margin (TTM)32.24%29.59%
Gross Margin (TTM)52.92%77.14%

Growth

Revenue Growth

Both Canadian Natural Resources (CNQ) at 6.40% and Permian Resources (PR) at 1.29% land near their industries' usual revenue growth ranges, so top-line momentum looks broadly in line with peers on both sides.

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Canadian Natural Resources (CNQ) vs. Permian Resources (PR): A comparison of their Revenue Growth across different time periods.

EPS Growth

Canadian Natural Resources (CNQ) at 81.05% sits in the top EPS growth quartile, while Permian Resources (PR) at -11.72% is closer to the peer norm — faster per-share earnings growth for CNQ.

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Canadian Natural Resources (CNQ) vs. Permian Resources (PR): A comparison of their EPS Growth across different time periods.

Growth Metrics

Growth metrics for Canadian Natural Resources (CNQ) and Permian Resources (PR)
MetricCNQPR
Revenue Growth (YoY)6.40%1.29%
Revenue Growth (3Y CAGR)-3.75%33.45%
EPS Growth (YoY)81.05%-11.72%
EPS Growth (3Y CAGR)2.73%-7.36%

Financial Strength

Current Ratio (MRQ)

Canadian Natural Resources (CNQ) at 0.99 keeps current ratio within its industry’s typical mid-range, while Permian Resources (PR) at 0.50 runs in the tighter-liquidity quartile — a thinner cushion against current liabilities for PR.

CNQ

Energy industry group

0.99

Max
3.64
Q3
2.21
Median
1.41
CNQ
0.99
Q1
0.88
Min
0.24

PR

Energy industry group

0.50

Max
3.64
Q3
2.21
Median
1.41
Q1
0.88
PR
0.50
Min
0.24
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Canadian Natural Resources (CNQ) vs. Permian Resources (PR): A comparison of their current ratio against the Energy industry group benchmark.

Debt / Equity (MRQ)

Permian Resources (PR) at 0.26 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

PR

Energy industry group

0.26

Max
1.75
Q3
0.93
Median
0.54
Q1
0.30
PR
0.26
Min
0.00
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Canadian Natural Resources (CNQ) vs. Permian Resources (PR): A comparison of their debt-to-equity ratio against the Energy industry group benchmark.

Financial Strength Metrics

Financial strength metrics for Canadian Natural Resources (CNQ) and Permian Resources (PR)
MetricCNQPR
Current Ratio (MRQ)0.990.50
Debt / Equity (MRQ)0.420.26
Net Debt / EBITDA0.670.71

Dividends

Dividend Yield (TTM)

Canadian Natural Resources (CNQ) at 5.03% delivers top-quartile income for its industry, while Permian Resources (PR) at 2.95% 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%

PR

Energy industry group

2.95%

Max
8.57%
Q3
3.58%
PR
2.95%
Median
1.71%
Q1
0.00%
Min
0.00%
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Canadian Natural Resources (CNQ) vs. Permian Resources (PR): A comparison of their dividend yield against the Energy industry group benchmark.

Dividend Payout Ratio (TTM)

Both Canadian Natural Resources (CNQ) at 36.37% and Permian Resources (PR) at 32.64% 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%

PR

Energy industry group

32.64%

Max
133.24%
Q3
53.31%
PR
32.64%
Median
25.24%
Q1
0.00%
Min
0.00%
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Canadian Natural Resources (CNQ) vs. Permian Resources (PR): A comparison of their payout ratio against the Energy industry group benchmark.

Dividend Metrics

Dividend metrics for Canadian Natural Resources (CNQ) and Permian Resources (PR)
MetricCNQPR
Dividend Yield (TTM)5.03%2.95%
Dividend Payout Ratio (TTM)36.37%32.64%

Valuation

P/E Ratio (TTM)

Both Canadian Natural Resources (CNQ) at 9.95 and Permian Resources (PR) at 11.27 land around their industries’ usual P/E ratio levels — neither is getting a clear earnings-multiple discount or premium versus peers.

CNQ

Energy industry group

9.95

Max
39.54
Q3
21.72
Median
12.19
CNQ
9.95
Q1
7.71
Min
2.99

PR

Energy industry group

11.27

Max
39.54
Q3
21.72
Median
12.19
PR
11.27
Q1
7.71
Min
2.99
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Canadian Natural Resources (CNQ) vs. Permian Resources (PR): A comparison of their P/E ratio against the Energy industry group benchmark.

P/S Ratio (TTM)

Canadian Natural Resources (CNQ) at 2.06 is priced about in line with its industry on P/S ratio, while Permian Resources (PR) at 2.86 sits in the pricier quartile — PR costs more per dollar of sales.

CNQ

Energy industry group

2.06

Max
5.40
Q3
2.85
CNQ
2.06
Median
1.69
Q1
0.88
Min
0.00

PR

Energy industry group

2.86

Max
5.40
PR
2.86
Q3
2.85
Median
1.69
Q1
0.88
Min
0.00
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Canadian Natural Resources (CNQ) vs. Permian Resources (PR): A comparison of their P/S ratio against the Energy industry group benchmark.

P/B Ratio (MRQ)

Permian Resources (PR) at 1.48 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

PR

Energy industry group

1.48

Max
4.21
Q3
2.38
Median
1.51
PR
1.48
Q1
1.08
Min
0.01
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Canadian Natural Resources (CNQ) vs. Permian Resources (PR): A comparison of their P/B ratio against the Energy industry group benchmark.

Valuation Metrics

Valuation metrics for Canadian Natural Resources (CNQ) and Permian Resources (PR)
MetricCNQPR
P/E Ratio (TTM)9.9511.27
P/S Ratio (TTM)2.062.86
P/B Ratio (MRQ)2.971.48
Free Cash Flow Yield (TTM)12.33%2.10%