CNQ vs. VG: Canadian Natural Resources vs. Venture Global Stock Comparison

November 11, 2026

How do Canadian Natural Resources (CNQ) and Venture Global (VG) 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 Venture Global (VG) 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.

Canadian Natural Resources (CNQ) carries decades of public-market history since July 31, 2000, while Venture Global (VG) listed on January 24, 2025 — long-window comparisons have far more historical data on the CNQ side.

Company profile comparison for Canadian Natural Resources (CNQ) and Venture Global (VG)
Profile Item	CNQ	VG
Name	Canadian Natural Resources Ltd.	Venture Global Inc. Class A
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 Exploration & Production
Market Capitalization	98.81 billion USD	28.83 billion USD
Currency	USD	USD
Exchange	NYSE	NYSE
Listing Date	July 31, 2000	January 24, 2025
Security Type	Common Stock	Common Stock

Price Performance

Cumulative Growth

CNQ

GSPC

Canadian Natural Resources (CNQ) vs. Venture Global (VG), 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

Loading price history…

Trailing total returns for Canadian Natural Resources (CNQ) and Venture Global (VG). Returns over one year are annualized.

Calendar-Year Returns

Loading price history…

Calendar-year total returns for Canadian Natural Resources (CNQ) and Venture Global (VG). 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 Venture Global (VG)
Metric	CNQ	VG
Total Return (1Y)	56.47%	49.08%
Total Return (3Y, Annualized)	19.27%	--
Total Return (5Y, Annualized)	23.01%	--

Risk Profile

Drawdown History

CNQ

GSPC

Canadian Natural Resources (CNQ) vs. Venture Global (VG), 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

Loading price history…

Distribution of monthly total returns for Canadian Natural Resources (CNQ) and Venture Global (VG). 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 Venture Global (VG)
Metric	CNQ	VG
Volatility (1Y, Annualized)	32.07%	75.79%
Beta (5Y)	0.48	0.48
Max Drawdown (5Y)	-35.85%	-75.16%
Avg. Volume (3M)	6.32M	14.78M

Risk-Adjusted Performance

Risk-Return Positioning

CNQ and VG 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 Venture Global (VG)
Metric	CNQ	VG
Sharpe Ratio (1Y)	1.63	0.59
Sortino Ratio (1Y)	2.31	0.90

Profitability

ROE (TTM)

Both Canadian Natural Resources (CNQ) at 32.39% and Venture Global (VG) at 33.64% 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%

VG

Energy industry group

33.64%

Max: 53.85%
VG: 33.64%
Q3: 24.79%
Median: 12.85%
Q1: 2.03%
Min: -29.09%

Canadian Natural Resources (CNQ) vs. Venture Global (VG): A comparison of their ROE against the Energy industry group benchmark.

Net Margin (TTM)

Canadian Natural Resources (CNQ) at 29.51% retains a top-quartile share of revenue as profit, ahead of Venture Global (VG) at 22.05%, 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%

VG

Energy industry group

22.05%

Max: 56.92%
Q3: 22.92%
VG: 22.05%
Median: 10.10%
Q1: 0.07%
Min: -27.38%

Canadian Natural Resources (CNQ) vs. Venture Global (VG): A comparison of their net margin against the Energy industry group benchmark.

Operating Margin (TTM)

Venture Global (VG) at 47.79% operates in the top operating margin quartile, ahead of Canadian Natural Resources (CNQ) at 32.24%, which runs around its industry’s norm.

CNQ

Energy industry group

32.24%

Max: 71.31%
Q3: 33.75%
CNQ: 32.24%
Median: 18.73%
Q1: 6.94%
Min: -24.52%

VG

Energy industry group

47.79%

Max: 71.31%
VG: 47.79%
Q3: 33.75%
Median: 18.73%
Q1: 6.94%
Min: -24.52%

Canadian Natural Resources (CNQ) vs. Venture Global (VG): A comparison of their operating margin against the Energy industry group benchmark.

Profitability Metrics

Profitability metrics for Canadian Natural Resources (CNQ) and Venture Global (VG)
Metric	CNQ	VG
ROE (TTM)	32.39%	33.64%
ROA (TTM)	9.97%	7.38%
Net Margin (TTM)	29.51%	22.05%
Operating Margin (TTM)	32.24%	47.79%
Gross Margin (TTM)	52.92%	46.92%

Growth

Revenue Growth

Venture Global (VG) at 176.93% clears its industry range for revenue growth, far stronger top-line momentum than Canadian Natural Resources (CNQ) at 6.40%, which is closer to a typical peer reading.

Canadian Natural Resources (CNQ) vs. Venture Global (VG): A comparison of their Revenue Growth across different time periods.

EPS Growth

Both Canadian Natural Resources (CNQ) at 81.05% and Venture Global (VG) at 41.08% sit in the top peer quartile for EPS growth, so each is compounding per-share earnings faster than typical industry peers.

Canadian Natural Resources (CNQ) vs. Venture Global (VG): A comparison of their EPS Growth across different time periods.

Growth Metrics

Growth metrics for Canadian Natural Resources (CNQ) and Venture Global (VG)
Metric	CNQ	VG
Revenue Growth (YoY)	6.40%	176.93%
Revenue Growth (3Y CAGR)	-3.75%	28.77%
EPS Growth (YoY)	81.05%	41.08%
EPS Growth (3Y CAGR)	2.73%	6.05%

Financial Strength

Current Ratio (MRQ)

Both Canadian Natural Resources (CNQ) at 0.99 and Venture Global (VG) at 1.19 carry current ratio within their industries’ typical mid-ranges, suggesting balanced short-term liquidity 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

VG

Energy industry group

1.19

Max: 3.64
Q3: 2.21
Median: 1.41
VG: 1.19
Q1: 0.88
Min: 0.24

Canadian Natural Resources (CNQ) vs. Venture Global (VG): A comparison of their current ratio against the Energy industry group benchmark.

Debt / Equity (MRQ)

Canadian Natural Resources (CNQ) at 0.42 is near its industry mid-range for debt-to-equity ratio, while Venture Global (VG) at 3.55 sits above its benchmark range, pointing to a heavier debt load relative to equity.

CNQ

Energy industry group

0.42

Max: 1.75
Q3: 0.93
Median: 0.54
CNQ: 0.42
Q1: 0.30
Min: 0.00

VG

Energy industry group

3.55

VG: 3.55
Max: 1.75
Q3: 0.93
Median: 0.54
Q1: 0.30
Min: 0.00

Canadian Natural Resources (CNQ) vs. Venture Global (VG): 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 Venture Global (VG)
Metric	CNQ	VG
Current Ratio (MRQ)	0.99	1.19
Debt / Equity (MRQ)	0.42	3.55
Net Debt / EBITDA	0.67	5.40

Dividends

Dividend Yield (TTM)

Canadian Natural Resources (CNQ) at 5.03% delivers top-quartile income for its industry, while Venture Global (VG) at 0.61% 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%

VG

Energy industry group

0.61%

Max: 8.57%
Q3: 3.58%
Median: 1.71%
VG: 0.61%
Q1: 0.00%
Min: 0.00%

Canadian Natural Resources (CNQ) vs. Venture Global (VG): 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 Venture Global (VG) at 5.51% 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%

VG

Energy industry group

5.51%

Max: 133.24%
Q3: 53.31%
Median: 25.24%
VG: 5.51%
Q1: 0.00%
Min: 0.00%

Canadian Natural Resources (CNQ) vs. Venture Global (VG): A comparison of their payout ratio against the Energy industry group benchmark.

Dividend Metrics

Dividend metrics for Canadian Natural Resources (CNQ) and Venture Global (VG)
Metric	CNQ	VG
Dividend Yield (TTM)	5.03%	0.61%
Dividend Payout Ratio (TTM)	36.37%	5.51%

Valuation

P/E Ratio (TTM)

Both Canadian Natural Resources (CNQ) at 9.95 and Venture Global (VG) at 9.08 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

VG

Energy industry group

9.08

Max: 39.54
Q3: 21.72
Median: 12.19
VG: 9.08
Q1: 7.71
Min: 2.99

Canadian Natural Resources (CNQ) vs. Venture Global (VG): A comparison of their P/E ratio against the Energy industry group benchmark.

P/S Ratio (TTM)

On P/S ratio, both Canadian Natural Resources (CNQ) at 2.06 and Venture Global (VG) at 1.70 are priced roughly in line with their industries — neither looks cheap nor rich on a sales basis.

CNQ

Energy industry group

2.06

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

VG

Energy industry group

1.70

Max: 5.40
Q3: 2.85
VG: 1.70
Median: 1.69
Q1: 0.88
Min: 0.00

Canadian Natural Resources (CNQ) vs. Venture Global (VG): A comparison of their P/S ratio against the Energy industry group benchmark.

P/B Ratio (MRQ)

Both Canadian Natural Resources (CNQ) at 2.97 and Venture Global (VG) at 3.36 carry a premium to book value versus peers, sitting in the upper P/B ratio quartile of their industries.

CNQ

Energy industry group

2.97

Max: 4.21
CNQ: 2.97
Q3: 2.38
Median: 1.51
Q1: 1.08
Min: 0.01

VG

Energy industry group

3.36

Max: 4.21
VG: 3.36
Q3: 2.38
Median: 1.51
Q1: 1.08
Min: 0.01

Canadian Natural Resources (CNQ) vs. Venture Global (VG): A comparison of their P/B ratio against the Energy industry group benchmark.

Valuation Metrics

Valuation metrics for Canadian Natural Resources (CNQ) and Venture Global (VG)
Metric	CNQ	VG
P/E Ratio (TTM)	9.95	9.08
P/S Ratio (TTM)	2.06	1.70
P/B Ratio (MRQ)	2.97	3.36
Free Cash Flow Yield (TTM)	12.33%	-29.96%