CNQ vs. WDS: Canadian Natural Resources vs. Woodside Energy Stock Comparison
How do Canadian Natural Resources (CNQ) and Woodside Energy (WDS) 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 Woodside Energy (WDS) 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) trades as ordinary local shares, while Woodside Energy (WDS) trades as an ADR — compare with FX exposure, depositary-program fees, and dividend-withholding-tax differences in mind.
| Profile Item | CNQ | WDS |
|---|---|---|
| Name | Canadian Natural Resources Ltd. | Woodside Energy Group Ltd ADR |
| Country/Region | Canada | Australia |
| 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 | 40.00 billion USD |
| Currency | USD | USD |
| Exchange | NYSE | NYSE |
| Listing Date | July 31, 2000 | November 18, 1996 |
| Security Type | Common Stock | ADR |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | CNQ | WDS |
|---|---|---|
| Total Return (1Y) | 56.47% | 30.30% |
| Total Return (3Y, Annualized) | 19.27% | 5.67% |
| Total Return (5Y, Annualized) | 23.01% | 11.65% |
Risk Profile
Drawdown History
Return Distribution
Risk Metrics
| Metric | CNQ | WDS |
|---|---|---|
| Volatility (1Y, Annualized) | 32.07% | 33.53% |
| Beta (5Y) | 0.48 | 0.38 |
| Max Drawdown (5Y) | -35.85% | -48.77% |
| Avg. Volume (3M) | 6.32M | 570.04K |
Risk-Adjusted Performance
Risk-Return Positioning
Risk-Adjusted Metrics
| Metric | CNQ | WDS |
|---|---|---|
| Sharpe Ratio (1Y) | 1.63 | 0.78 |
| Sortino Ratio (1Y) | 2.31 | 1.11 |
Profitability
ROE (TTM)
Canadian Natural Resources (CNQ) at 32.39% sits in the top ROE quartile, while Woodside Energy (WDS) at 7.68% 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%
WDS
Energy industry group
7.68%
- Max
- 53.85%
- Q3
- 24.79%
- Median
- 12.85%
- WDS
- 7.68%
- 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 Woodside Energy (WDS) at 22.21%, 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%
WDS
Energy industry group
22.21%
- Max
- 56.92%
- Q3
- 22.92%
- WDS
- 22.21%
- Median
- 10.10%
- Q1
- 0.07%
- Min
- -27.38%
Operating Margin (TTM)
Both Canadian Natural Resources (CNQ) at 32.24% and Woodside Energy (WDS) at 23.91% 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%
WDS
Energy industry group
23.91%
- Max
- 71.31%
- Q3
- 33.75%
- WDS
- 23.91%
- Median
- 18.73%
- Q1
- 6.94%
- Min
- -24.52%
Profitability Metrics
| Metric | CNQ | WDS |
|---|---|---|
| ROE (TTM) | 32.39% | 7.68% |
| ROA (TTM) | 9.97% | 2.83% |
| Net Margin (TTM) | 29.51% | 22.21% |
| Operating Margin (TTM) | 32.24% | 23.91% |
| Gross Margin (TTM) | 52.92% | 34.92% |
Growth
Revenue Growth
Both Canadian Natural Resources (CNQ) at 6.40% and Woodside Energy (WDS) at -1.48% land near their industries' usual revenue growth ranges, so top-line momentum looks broadly in line with peers on both sides.
EPS Growth
Canadian Natural Resources (CNQ) at 81.05% sits in the top EPS growth quartile, while Woodside Energy (WDS) at -24.02% is closer to the peer norm — faster per-share earnings growth for CNQ.
Growth Metrics
| Metric | CNQ | WDS |
|---|---|---|
| Revenue Growth (YoY) | 6.40% | -1.48% |
| Revenue Growth (3Y CAGR) | -3.75% | -8.26% |
| EPS Growth (YoY) | 81.05% | -24.02% |
| EPS Growth (3Y CAGR) | 2.73% | -30.68% |
Financial Strength
Current Ratio (MRQ)
Both Canadian Natural Resources (CNQ) at 0.99 and Woodside Energy (WDS) at 1.39 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
WDS
Energy industry group
1.39
- Max
- 3.64
- Q3
- 2.21
- Median
- 1.41
- WDS
- 1.39
- Q1
- 0.88
- Min
- 0.24
Debt / Equity (MRQ)
Both Canadian Natural Resources (CNQ) at 0.42 and Woodside Energy (WDS) at 0.33 fund their balance sheets with roughly industry-typical debt-to-equity mixes.
CNQ
Energy industry group
0.42
- Max
- 1.75
- Q3
- 0.93
- Median
- 0.54
- CNQ
- 0.42
- Q1
- 0.30
- Min
- 0.00
WDS
Energy industry group
0.33
- Max
- 1.75
- Q3
- 0.93
- Median
- 0.54
- WDS
- 0.33
- Q1
- 0.30
- Min
- 0.00
Financial Strength Metrics
| Metric | CNQ | WDS |
|---|---|---|
| Current Ratio (MRQ) | 0.99 | 1.39 |
| Debt / Equity (MRQ) | 0.42 | 0.33 |
| Net Debt / EBITDA | 0.67 | 1.15 |
Dividends
Dividend Yield (TTM)
Both Canadian Natural Resources (CNQ) at 5.03% and Woodside Energy (WDS) at 5.41% offer top-quartile dividend income relative to share price within their industries.
CNQ
Energy industry group
5.03%
- Max
- 8.57%
- CNQ
- 5.03%
- Q3
- 3.58%
- Median
- 1.71%
- Q1
- 0.00%
- Min
- 0.00%
WDS
Energy industry group
5.41%
- Max
- 8.57%
- WDS
- 5.41%
- Q3
- 3.58%
- Median
- 1.71%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Payout Ratio (TTM)
Canadian Natural Resources (CNQ) at 36.37% pays out a band-typical share of earnings, while Woodside Energy (WDS) at 69.78% distributes more than its industry norm — less retained, thinner cover.
CNQ
Energy industry group
36.37%
- Max
- 133.24%
- Q3
- 53.31%
- CNQ
- 36.37%
- Median
- 25.24%
- Q1
- 0.00%
- Min
- 0.00%
WDS
Energy industry group
69.78%
- Max
- 133.24%
- WDS
- 69.78%
- Q3
- 53.31%
- Median
- 25.24%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Metrics
| Metric | CNQ | WDS |
|---|---|---|
| Dividend Yield (TTM) | 5.03% | 5.41% |
| Dividend Payout Ratio (TTM) | 36.37% | 69.78% |
Valuation
P/E Ratio (TTM)
Both Canadian Natural Resources (CNQ) at 9.95 and Woodside Energy (WDS) at 13.15 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
WDS
Energy industry group
13.15
- Max
- 39.54
- Q3
- 21.72
- WDS
- 13.15
- Median
- 12.19
- Q1
- 7.71
- Min
- 2.99
P/S Ratio (TTM)
Canadian Natural Resources (CNQ) at 2.06 is priced about in line with its industry on P/S ratio, while Woodside Energy (WDS) at 2.89 sits in the pricier quartile — WDS 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
WDS
Energy industry group
2.89
- Max
- 5.40
- WDS
- 2.89
- Q3
- 2.85
- Median
- 1.69
- Q1
- 0.88
- Min
- 0.00
P/B Ratio (MRQ)
Woodside Energy (WDS) at 1.11 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
WDS
Energy industry group
1.11
- Max
- 4.21
- Q3
- 2.38
- Median
- 1.51
- WDS
- 1.11
- Q1
- 1.08
- Min
- 0.01
Valuation Metrics
| Metric | CNQ | WDS |
|---|---|---|
| P/E Ratio (TTM) | 9.95 | 13.15 |
| P/S Ratio (TTM) | 2.06 | 2.89 |
| P/B Ratio (MRQ) | 2.97 | 1.11 |
| Free Cash Flow Yield (TTM) | 12.33% | 1.41% |