CNQ
Price
$74.91
Change
-$0.90 (-1.19%)
Updated
May 1, 6:59 PM EST
Earnings call today
DVN
Price
$50.42
Change
-$0.75 (-1.47%)
Updated
May 1, 6:59 PM EST
89 days until earnings call
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CNQ vs DVN ᐉ Comparison: Which is Better to Invest?

Header iconCNQ vs DVN Comparison
Open Charts CNQ vs DVNBanner chart's image
Canadian Natural Resources
Price$74.91
Change-$0.90 (-1.19%)
Volume$601.61K
CapitalizationN/A
Devon Energy
Price$50.42
Change-$0.75 (-1.47%)
Volume$3.08M
CapitalizationN/A
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CNQ vs DVN Comparison Chart

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CNQDaily Signal changed days agoGain/Loss if shorted
 
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DVNDaily Signal changed days agoGain/Loss if shorted
 
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VS
CNQ vs. DVN commentary
May 02, 2024

To compare these two companies we present long-term analysis, their fundamental ratings and make comparative short-term technical analysis which are presented below. The conclusion is CNQ is a Hold and DVN is a Buy.

COMPARISON
Comparison
May 02, 2024
Stock price -- (CNQ: $74.95 vs. DVN: $50.40)
Brand notoriety: CNQ and DVN are both notable
Both companies represent the Oil & Gas Production industry
Current volume relative to the 65-day Moving Average: CNQ: 86% vs. DVN: 111%
Market capitalization -- CNQ: $81.73B vs. DVN: $31.86B
CNQ [@Oil & Gas Production] is valued at $81.73B. DVN’s [@Oil & Gas Production] market capitalization is $31.86B. The market cap for tickers in the [@Oil & Gas Production] industry ranges from $151.38B to $0. The average market capitalization across the [@Oil & Gas Production] industry is $3.9B.

Long-Term Analysis

It is best to consider a long-term outlook for a ticker by using Fundamental Analysis (FA) ratings. The rating of 1 to 100, where 1 is best and 100 is worst, is divided into thirds. The first third (a green rating of 1-33) indicates that the ticker is undervalued; the second third (a grey number between 34 and 66) means that the ticker is valued fairly; and the last third (red number of 67 to 100) reflects that the ticker is undervalued. We use an FA Score to show how many ratings show the ticker to be undervalued (green) or overvalued (red).

CNQ’s FA Score shows that 2 FA rating(s) are green whileDVN’s FA Score has 3 green FA rating(s).

  • CNQ’s FA Score: 2 green, 3 red.
  • DVN’s FA Score: 3 green, 2 red.
According to our system of comparison, both CNQ and DVN are a good buy in the long-term.

Short-Term Analysis

It is best to consider a short-term outlook for a ticker by using Technical Analysis (TA) indicators. We use Odds of Success as the percentage of outcomes which confirm successful trade signals in the past.

If the Odds of Success (the likelihood of the continuation of a trend) for each indicator are greater than 50%, then the generated signal is confirmed. A green percentage from 90% to 51% indicates that the ticker is in a bullish trend. A red percentage from 90% - 51% indicates that the ticker is in a bearish trend. All grey percentages are below 50% and are considered not to confirm the trend signal.

CNQ’s TA Score shows that 4 TA indicator(s) are bullish while DVN’s TA Score has 5 bullish TA indicator(s).

  • CNQ’s TA Score: 4 bullish, 4 bearish.
  • DVN’s TA Score: 5 bullish, 4 bearish.
According to our system of comparison, DVN is a better buy in the short-term than CNQ.

Price Growth

CNQ (@Oil & Gas Production) experienced а -2.55% price change this week, while DVN (@Oil & Gas Production) price change was -3.26% for the same time period.

The average weekly price growth across all stocks in the @Oil & Gas Production industry was -1.51%. For the same industry, the average monthly price growth was +6.51%, and the average quarterly price growth was +47.65%.

Reported Earning Dates

CNQ is expected to report earnings on Aug 01, 2024.

DVN is expected to report earnings on Jul 30, 2024.

Industries' Descriptions

@Oil & Gas Production (-1.51% weekly)

The oil and gas production segment includes companies that specialize in exploration, development, and production of oil and natural gas. These companies are focused on upstream operations. Companies typically identify deposits, drill wells, and extract raw materials from underground. The industry also includes related services like rig operations, feasibility studies, machinery rentals etc. Several operators in this industry work with various types of contractors such as engineering procurement and construction contractors, as well as with joint-venture partners and oil field service companies. Oil and gas often involves large fixed costs of production; so, declining crude oil prices, for example, is a potential negative for this industry. Conoco Phillips, EOG Resources, Inc. and Pioneer Natural Resources Company are some examples of companies operating in this space.

SUMMARIES
A.I.dvisor published
a Summary for CNQ with price predictions.
OPEN
A.I.dvisor published
a Summary for DVN with price predictions.
OPEN
FUNDAMENTALS
Fundamentals
CNQ($81.7B) has a higher market cap than DVN($31.9B). CNQ has higher P/E ratio than DVN: CNQ (13.95) vs DVN (8.72). CNQ YTD gains are higher at: 14.393 vs. DVN (12.301). CNQ has higher annual earnings (EBITDA): 17.3B vs. DVN (7.55B). CNQ has more cash in the bank: 1.4B vs. DVN (875M). DVN has less debt than CNQ: DVN (6.45B) vs CNQ (10.8B). CNQ has higher revenues than DVN: CNQ (40.8B) vs DVN (15.3B).
CNQDVNCNQ / DVN
Capitalization81.7B31.9B256%
EBITDA17.3B7.55B229%
Gain YTD14.39312.301117%
P/E Ratio13.958.72160%
Revenue40.8B15.3B267%
Total Cash1.4B875M160%
Total Debt10.8B6.45B167%
FUNDAMENTALS RATINGS
CNQ vs DVN: Fundamental Ratings
CNQ
DVN
OUTLOOK RATING
1..100
6373
VALUATION
overvalued / fair valued / undervalued
1..100
37
Fair valued
40
Fair valued
PROFIT vs RISK RATING
1..100
834
SMR RATING
1..100
4630
PRICE GROWTH RATING
1..100
4527
P/E GROWTH RATING
1..100
1820
SEASONALITY SCORE
1..100
n/a16

Tickeron ratings are formulated such that a rating of 1 designates the most successful stocks in a given industry, while a rating of 100 points to the least successful stocks for that industry.

CNQ's Valuation (37) in the Oil And Gas Production industry is in the same range as DVN (40). This means that CNQ’s stock grew similarly to DVN’s over the last 12 months.

CNQ's Profit vs Risk Rating (8) in the Oil And Gas Production industry is in the same range as DVN (34). This means that CNQ’s stock grew similarly to DVN’s over the last 12 months.

DVN's SMR Rating (30) in the Oil And Gas Production industry is in the same range as CNQ (46). This means that DVN’s stock grew similarly to CNQ’s over the last 12 months.

DVN's Price Growth Rating (27) in the Oil And Gas Production industry is in the same range as CNQ (45). This means that DVN’s stock grew similarly to CNQ’s over the last 12 months.

CNQ's P/E Growth Rating (18) in the Oil And Gas Production industry is in the same range as DVN (20). This means that CNQ’s stock grew similarly to DVN’s over the last 12 months.

TECHNICAL ANALYSIS
Technical Analysis
CNQDVN
RSI
ODDS (%)
Bearish Trend 1 day ago
80%
Bearish Trend 1 day ago
71%
Stochastic
ODDS (%)
Bullish Trend 1 day ago
78%
Bullish Trend 1 day ago
78%
Momentum
ODDS (%)
Bearish Trend 1 day ago
69%
Bearish Trend 1 day ago
73%
MACD
ODDS (%)
Bearish Trend 1 day ago
67%
Bearish Trend 1 day ago
69%
TrendWeek
ODDS (%)
Bearish Trend 1 day ago
67%
Bearish Trend 1 day ago
72%
TrendMonth
ODDS (%)
Bearish Trend 1 day ago
64%
Bearish Trend 1 day ago
71%
Advances
ODDS (%)
Bullish Trend 4 days ago
72%
Bullish Trend 4 days ago
76%
Declines
ODDS (%)
Bearish Trend 1 day ago
69%
Bearish Trend 1 day ago
71%
BollingerBands
ODDS (%)
Bullish Trend 1 day ago
75%
Bullish Trend 1 day ago
64%
Aroon
ODDS (%)
Bullish Trend 1 day ago
64%
Bullish Trend 1 day ago
76%
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CNQDaily Signal changed days agoGain/Loss if shorted
 
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DVNDaily Signal changed days agoGain/Loss if shorted
 
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CNQ and

Correlation & Price change

A.I.dvisor indicates that over the last year, CNQ has been closely correlated with CPG. These tickers have moved in lockstep 81% of the time. This A.I.-generated data suggests there is a high statistical probability that if CNQ jumps, then CPG could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To CNQ
1D Price
Change %
CNQ100%
-1.15%
CPG - CNQ
81%
Closely correlated
-3.52%
EOG - CNQ
78%
Closely correlated
-1.65%
MRO - CNQ
78%
Closely correlated
-2.79%
MUR - CNQ
76%
Closely correlated
-1.03%
DVN - CNQ
76%
Closely correlated
-1.52%
More

DVN and

Correlation & Price change

A.I.dvisor indicates that over the last year, DVN has been closely correlated with MRO. These tickers have moved in lockstep 84% of the time. This A.I.-generated data suggests there is a high statistical probability that if DVN jumps, then MRO could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To DVN
1D Price
Change %
DVN100%
-1.52%
MRO - DVN
84%
Closely correlated
-2.79%
EOG - DVN
82%
Closely correlated
-1.65%
MUR - DVN
82%
Closely correlated
-1.03%
COP - DVN
81%
Closely correlated
-1.02%
MTDR - DVN
80%
Closely correlated
-1.96%
More