3 Stocks in the Canadian Upstream Industry Worth Some Thought
Following a careful analysis of the Zacks Oil and Gas - Exploration and Production - Canadian industry, we advise focusing on companies like CNQ, OVV and OBE.
Canadian Natural Resources (NYSE:CNQ) vs. Amplify Energy (NYSE:AMPY) Head to Head Analysis
Canadian Natural Resources (NYSE:CNQ – Get Free Report) and Amplify Energy (NYSE:AMPY – Get Free Report) are both oils/energy companies, but which is the better stock? We will contrast the two businesses based on the strength of their earnings, valuation, dividends, risk, profitability, analyst recommendations and institutional ownership. Profitability This table compares Canadian Natural Resources and Amplify Energy’s net margins, return on equity and return on assets. Net Margins Return on Equity Return on Assets Canadian Natural Resources 18.21% 20.58% 10.69% Amplify Energy 10.06% 8.29% 4.25% Earnings & Valuation This table compares Canadian Natural Resources and Amplify Energy’s revenue, earnings per share and valuation. Gross Revenue Price/Sales Ratio Net Income Earnings Per Share Price/Earnings Ratio Canadian Natural Resources $30.25 billion 2.73 $6.10 billion $5.02 15.35 Amplify Energy $307.60 million 0.81 $392.75 million $0.73 8.62 Canadian Natural Resources has higher revenue and earnings than Amplify Energy. Amplify Energy is trading at a lower price-to-earnings ratio than Canadian Natural Resources, indicating that it is currently the more affordable of the two stocks. Institutional & Insider Ownership 74.0% of Canadian Natural Resources shares are owned by institutional investors. Comparatively, 42.8% of Amplify Energy shares are owned by institutional investors. 5.0% of Canadian Natural Resources shares are owned by insiders. Comparatively, 2.0% of Amplify Energy shares are owned by insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a company will outperform the market over the long term. Analyst Recommendations This is a summary of recent ratings and recommmendations for Canadian Natural Resources and Amplify Energy, as reported by MarketBeat. Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score Canadian Natural Resources 0 5 2 0 2.29 Amplify Energy 0 0 3 0 3.00 Canadian Natural Resources currently has a consensus price target of $94.00, indicating a potential upside of 21.97%. Amplify Energy has a consensus price target of $9.83, indicating a potential upside of 56.33%. Given Amplify Energy’s stronger consensus rating and higher probable upside, analysts plainly believe Amplify Energy is more favorable than Canadian Natural Resources. Risk & Volatility Canadian Natural Resources has a beta of 1.52, meaning that its share price is 52% more volatile than the S&P 500. Comparatively, Amplify Energy has a beta of 2.03, meaning that its share price is 103% more volatile than the S&P 500. Summary Canadian Natural Resources beats Amplify Energy on 10 of the 14 factors compared between the two stocks. About Canadian Natural Resources (Get Free Report) Canadian Natural Resources Limited acquires, explores for, develops, produces, markets, and sells crude oil, natural gas, and natural gas liquids (NGLs). The company offers light and medium crude oil, primary heavy crude oil, Pelican Lake heavy crude oil, bitumen (thermal oil), and synthetic crude oil (SCO). The company's midstream assets include two pipeline systems; and a 50% working interest in an 84-megawatt cogeneration plant at Primrose. It operates primarily in Western Canada; the United Kingdom portion of the North Sea; and Offshore Africa. The company was formerly known as AEX Minerals Corporation and changed its name to Canadian Natural Resources Limited in December 1975. Canadian Natural Resources Limited was incorporated in 1973 and is headquartered in Calgary, Canada. About Amplify Energy (Get Free Report) Amplify Energy Corp., together with its subsidiaries, engages in the acquisition, development, exploitation, and production of oil and natural gas properties in the United States. The company's properties consist of operated and non-operated working interests in producing and undeveloped leasehold acreage, as well as working interests in identified producing wells located in Oklahoma, the Rockies, federal waters offshore Southern California, East Texas/North Louisiana, and Eagle Ford. The company is based in Houston, Texas.
Canadian Natural Resources (CNQ) is a Top Dividend Stock Right Now: Should You Buy?
Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Canadian Natural Resources (CNQ) have what it takes?
