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CNQ
Price
$33.10
Change
-$0.93 (-2.73%)
Updated
Nov 15 closing price
102 days until earnings call
MEGEF
Price
$17.96
Change
-$0.74 (-3.96%)
Updated
Nov 15 closing price
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CNQ vs MEGEF

Header iconCNQ vs MEGEF Comparison
Open Charts CNQ vs MEGEFBanner chart's image
Canadian Natural Resources
Price$33.10
Change-$0.93 (-2.73%)
Volume$4.29M
CapitalizationN/A
Meg Energy
Price$17.96
Change-$0.74 (-3.96%)
Volume$22.41K
CapitalizationN/A
CNQ vs MEGEF Comparison Chart
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CNQ
Daily Signalchanged days ago
Gain/Loss if shorted
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MEGEF
Daily Signalchanged days ago
Gain/Loss if shorted
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VS
CNQ vs. MEGEF commentary
Nov 18, 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 Sell and MEGEF is a StrongSell.

COMPARISON
Comparison
Nov 18, 2024
Stock price -- (CNQ: $33.10 vs. MEGEF: $17.96)
Brand notoriety: CNQ: Notable vs. MEGEF: Not notable
Both companies represent the Oil & Gas Production industry
Current volume relative to the 65-day Moving Average: CNQ: 92% vs. MEGEF: 55%
Market capitalization -- CNQ: $81.73B vs. MEGEF: $5.06B
CNQ [@Oil & Gas Production] is valued at $81.73B. MEGEF’s [@Oil & Gas Production] market capitalization is $5.06B. 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 $3.97B.

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 1 FA rating(s) are green whileMEGEF’s FA Score has 1 green FA rating(s).

  • CNQ’s FA Score: 1 green, 4 red.
  • MEGEF’s FA Score: 1 green, 4 red.
According to our system of comparison, CNQ is a better buy in the long-term than MEGEF.

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 3 TA indicator(s) are bullish while MEGEF’s TA Score has 2 bullish TA indicator(s).

  • CNQ’s TA Score: 3 bullish, 7 bearish.
  • MEGEF’s TA Score: 2 bullish, 7 bearish.
According to our system of comparison, CNQ is a better buy in the short-term than MEGEF.

Price Growth

CNQ (@Oil & Gas Production) experienced а -3.13% price change this week, while MEGEF (@Oil & Gas Production) price change was -4.52% for the same time period.

The average weekly price growth across all stocks in the @Oil & Gas Production industry was -0.30%. For the same industry, the average monthly price growth was -0.36%, and the average quarterly price growth was -7.87%.

Reported Earning Dates

CNQ is expected to report earnings on Feb 27, 2025.

Industries' Descriptions

@Oil & Gas Production (-0.30% 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
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FUNDAMENTALS
Fundamentals
CNQ($81.7B) has a higher market cap than MEGEF($5.06B). CNQ has higher P/E ratio than MEGEF: CNQ (13.95) vs MEGEF (13.26). CNQ YTD gains are higher at: 1.038 vs. MEGEF (0.223). CNQ has higher annual earnings (EBITDA): 17.3B vs. MEGEF (1.42B). CNQ has more cash in the bank: 1.4B vs. MEGEF (66M). MEGEF has less debt than CNQ: MEGEF (1.62B) vs CNQ (10.8B). CNQ has higher revenues than MEGEF: CNQ (40.8B) vs MEGEF (6B).
CNQMEGEFCNQ / MEGEF
Capitalization81.7B5.06B1,614%
EBITDA17.3B1.42B1,217%
Gain YTD1.0380.223465%
P/E Ratio13.9513.26105%
Revenue40.8B6B680%
Total Cash1.4B66M2,124%
Total Debt10.8B1.62B667%
FUNDAMENTALS RATINGS
CNQ vs MEGEF: Fundamental Ratings
CNQ
MEGEF
OUTLOOK RATING
1..100
6050
VALUATION
overvalued / fair valued / undervalued
1..100
37
Fair valued
75
Overvalued
PROFIT vs RISK RATING
1..100
1820
SMR RATING
1..100
4960
PRICE GROWTH RATING
1..100
6176
P/E GROWTH RATING
1..100
6882
SEASONALITY SCORE
1..100
n/a50

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 somewhat better than the same rating for MEGEF (75) in the null industry. This means that CNQ’s stock grew somewhat faster than MEGEF’s over the last 12 months.

CNQ's Profit vs Risk Rating (18) in the Oil And Gas Production industry is in the same range as MEGEF (20) in the null industry. This means that CNQ’s stock grew similarly to MEGEF’s over the last 12 months.

CNQ's SMR Rating (49) in the Oil And Gas Production industry is in the same range as MEGEF (60) in the null industry. This means that CNQ’s stock grew similarly to MEGEF’s over the last 12 months.

CNQ's Price Growth Rating (61) in the Oil And Gas Production industry is in the same range as MEGEF (76) in the null industry. This means that CNQ’s stock grew similarly to MEGEF’s over the last 12 months.

CNQ's P/E Growth Rating (68) in the Oil And Gas Production industry is in the same range as MEGEF (82) in the null industry. This means that CNQ’s stock grew similarly to MEGEF’s over the last 12 months.

TECHNICAL ANALYSIS
Technical Analysis
CNQMEGEF
RSI
ODDS (%)
Bearish Trend 5 days ago
85%
N/A
Stochastic
ODDS (%)
Bullish Trend 3 days ago
69%
Bullish Trend 3 days ago
85%
Momentum
ODDS (%)
Bearish Trend 3 days ago
74%
Bearish Trend 3 days ago
81%
MACD
ODDS (%)
Bearish Trend 3 days ago
64%
Bearish Trend 3 days ago
63%
TrendWeek
ODDS (%)
Bearish Trend 3 days ago
69%
Bearish Trend 3 days ago
74%
TrendMonth
ODDS (%)
Bearish Trend 3 days ago
68%
Bearish Trend 3 days ago
74%
Advances
ODDS (%)
Bullish Trend 11 days ago
69%
Bullish Trend 4 days ago
85%
Declines
ODDS (%)
Bearish Trend 5 days ago
73%
Bearish Trend 6 days ago
74%
BollingerBands
ODDS (%)
Bullish Trend 3 days ago
71%
Bearish Trend 3 days ago
69%
Aroon
ODDS (%)
Bearish Trend 3 days ago
59%
Bearish Trend 3 days ago
76%
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CNQ
Daily Signalchanged days ago
Gain/Loss if shorted
Show more...
MEGEF
Daily Signalchanged days ago
Gain/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 MEGEF. These tickers have moved in lockstep 78% of the time. This A.I.-generated data suggests there is a high statistical probability that if CNQ jumps, then MEGEF could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To CNQ
1D Price
Change %
CNQ100%
-2.73%
MEGEF - CNQ
78%
Closely correlated
-3.96%
EOG - CNQ
78%
Closely correlated
-0.47%
DVN - CNQ
76%
Closely correlated
-2.31%
OVV - CNQ
75%
Closely correlated
-2.08%
MUR - CNQ
75%
Closely correlated
-2.49%
More

MEGEF and

Correlation & Price change

A.I.dvisor indicates that over the last year, MEGEF has been closely correlated with CNQ. These tickers have moved in lockstep 80% of the time. This A.I.-generated data suggests there is a high statistical probability that if MEGEF jumps, then CNQ could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To MEGEF
1D Price
Change %
MEGEF100%
-3.96%
CNQ - MEGEF
80%
Closely correlated
-2.73%
SPGYF - MEGEF
77%
Closely correlated
-1.36%
VRN - MEGEF
77%
Closely correlated
-2.08%
BTE - MEGEF
77%
Closely correlated
-1.34%
MTDR - MEGEF
75%
Closely correlated
-2.06%
More