WallStSmart

Canadian Natural Resources Ltd (CNQ)vsMesa Royalty Trust (MTR)

VS

Smart Verdict

WallStSmart Research — data-driven comparison

Canadian Natural Resources Ltd generates 5658423% more annual revenue ($38.63B vs $682,740). MTR leads profitability with a 74.8% profit margin vs 25.1%. CNQ trades at a lower P/E of 11.8x. MTR earns a higher WallStSmart Score of 64/100 (C+).

CNQ

Buy

58

out of 100

Grade: C

Growth: 2.0Profit: 8.5Value: 7.3Quality: 6.5
Piotroski: 6/9Altman Z: 2.05

MTR

Buy

64

out of 100

Grade: C+

Growth: 7.3Profit: 9.0Value: 5.0Quality: 6.5
Piotroski: 4/9
IV

Intrinsic Value Comparison

Multi-model valuation · Graham Formula

CNQUndervalued (+50.8%)

Margin of Safety

+50.8%

Fair Value

$83.51

Current Price

$45.70

$37.81 discount

UndervaluedFair: $83.51Overvalued
MTRSignificantly Overvalued (-76.8%)

Margin of Safety

-76.8%

Fair Value

$2.71

Current Price

$3.81

$1.10 premium

UndervaluedFair: $2.71Overvalued

Key Strengths & Concerns

Side-by-side fundamental analysis

Key Strengths

CNQ6 strengths · Avg: 9.0/10
P/E RatioValuation
11.8x10/10

Attractively priced relative to earnings

Return on EquityProfitability
30.3%10/10

Every $100 of equity generates 30 in profit

Market CapQuality
$91.79B9/10

Large-cap with strong market position

Profit MarginProfitability
25.1%9/10

Keeps 25 of every $100 in revenue as profit

Price/BookValuation
3.0x8/10

Reasonable price relative to book value

Operating MarginProfitability
21.8%8/10

Strong operational efficiency at 21.8%

MTR6 strengths · Avg: 9.3/10
Profit MarginProfitability
74.8%10/10

Keeps 75 of every $100 in revenue as profit

Operating MarginProfitability
90.4%10/10

Strong operational efficiency at 90.4%

Revenue GrowthGrowth
58.8%10/10

Revenue surging 58.8% year-over-year

EPS GrowthGrowth
132.9%10/10

Earnings expanding 132.9% YoY

P/E RatioValuation
16.7x8/10

Attractively priced relative to earnings

Price/BookValuation
2.2x8/10

Reasonable price relative to book value

Areas to Watch

CNQ3 concerns · Avg: 2.0/10
PEG RatioValuation
3.422/10

Expensive relative to growth rate

Revenue GrowthGrowth
-1.2%2/10

Revenue declined 1.2%

EPS GrowthGrowth
-45.3%2/10

Earnings declined 45.3%

MTR1 concerns · Avg: 3.0/10
Market CapQuality
$7.17M3/10

Smaller company, higher risk/reward

Comparative Analysis Report

WallStSmart Research

Bull Case : CNQ

The strongest argument for CNQ centers on P/E Ratio, Return on Equity, Market Cap. Profitability is solid with margins at 25.1% and operating margin at 21.8%.

Bull Case : MTR

The strongest argument for MTR centers on Profit Margin, Operating Margin, Revenue Growth. Profitability is solid with margins at 74.8% and operating margin at 90.4%. Revenue growth of 58.8% demonstrates continued momentum.

Bear Case : CNQ

The primary concerns for CNQ are PEG Ratio, Revenue Growth, EPS Growth.

Bear Case : MTR

The primary concerns for MTR are Market Cap.

Key Dynamics to Monitor

CNQ profiles as a declining stock while MTR is a growth play — different risk/reward profiles.

CNQ carries more volatility with a beta of 0.88 — expect wider price swings.

MTR is growing revenue faster at 58.8% — sustainability is the question.

Monitor OIL & GAS E&P industry trends, competitive dynamics, and regulatory changes.

Bottom Line

MTR scores higher overall (64/100 vs 58/100), backed by strong 74.8% margins and 58.8% revenue growth. CNQ offers better value entry with a 50.8% margin of safety. Both earn "Buy" and "Buy" ratings respectively — the choice depends on your investment horizon and risk tolerance.

This analysis is generated from publicly available financial data. Not financial advice.

Canadian Natural Resources Ltd

ENERGY · OIL & GAS E&P · USA

Canadian Natural Resources Limited acquires, explores, develops, produces, markets and sells crude oil, natural gas and natural gas liquids (NGL). The company is headquartered in Calgary, Canada.

Mesa Royalty Trust

ENERGY · OIL & GAS E&P · USA

Mesa Royalty Trust owns net royalty interests in various oil and gas producing properties in the United States. The company is headquartered in Houston, Texas.

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