WallStSmart

Canadian Natural Resources Ltd (CNQ)vsNorthern Oil & Gas Inc (NOG)

VS

Smart Verdict

WallStSmart Research — data-driven comparison

Canadian Natural Resources Ltd generates 2120% more annual revenue ($44.68B vs $2.01B). CNQ leads profitability with a 26.3% profit margin vs -24.1%. CNQ appears more attractively valued with a PEG of 3.42. CNQ earns a higher WallStSmart Score of 79/100 (B+).

CNQ

Strong Buy

79

out of 100

Grade: B+

Growth: 7.3Profit: 9.0Value: 6.7Quality: 7.0
Piotroski: 6/9Altman Z: 2.05

NOG

Buy

61

out of 100

Grade: C+

Growth: 7.3Profit: 5.0Value: 4.0Quality: 4.0
Piotroski: 4/9Altman Z: 1.05
IV

Intrinsic Value Comparison

Multi-model valuation · Graham Formula

CNQUndervalued (+47.9%)

Margin of Safety

+47.9%

Fair Value

$96.11

Current Price

$50.07

$46.04 discount

UndervaluedFair: $96.11Overvalued

Intrinsic value data unavailable for NOG.

Key Strengths & Concerns

Side-by-side fundamental analysis

Key Strengths

CNQ6 strengths · Avg: 9.5/10
Operating MarginProfitability
43.1%10/10

Strong operational efficiency at 43.1%

Revenue GrowthGrowth
69.5%10/10

Revenue surging 69.5% year-over-year

EPS GrowthGrowth
83.8%10/10

Earnings expanding 83.8% YoY

Market CapQuality
$103.22B9/10

Large-cap with strong market position

Return on EquityProfitability
25.1%9/10

Every $100 of equity generates 25 in profit

Profit MarginProfitability
26.3%9/10

Keeps 26 of every $100 in revenue as profit

NOG4 strengths · Avg: 9.5/10
Price/BookValuation
1.4x10/10

Reasonable price relative to book value

Operating MarginProfitability
57.1%10/10

Strong operational efficiency at 57.1%

EPS GrowthGrowth
119.0%10/10

Earnings expanding 119.0% YoY

Revenue GrowthGrowth
16.0%8/10

16.0% revenue growth

Areas to Watch

CNQ1 concerns · Avg: 2.0/10
PEG RatioValuation
3.422/10

Expensive relative to growth rate

NOG4 concerns · Avg: 2.3/10
Debt/EquityHealth
1.373/10

Elevated debt levels

PEG RatioValuation
7.352/10

Expensive relative to growth rate

Return on EquityProfitability
-29.8%2/10

ROE of -29.8% — below average capital efficiency

Free Cash FlowQuality
$-58.19M2/10

Negative free cash flow — burning cash

Comparative Analysis Report

WallStSmart Research

Bull Case : CNQ

The strongest argument for CNQ centers on Operating Margin, Revenue Growth, EPS Growth. Profitability is solid with margins at 26.3% and operating margin at 43.1%. Revenue growth of 69.5% demonstrates continued momentum.

Bull Case : NOG

The strongest argument for NOG centers on Price/Book, Operating Margin, EPS Growth. Revenue growth of 16.0% demonstrates continued momentum.

Bear Case : CNQ

The primary concerns for CNQ are PEG Ratio.

Bear Case : NOG

The primary concerns for NOG are Debt/Equity, PEG Ratio, Return on Equity.

Key Dynamics to Monitor

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

CNQ is growing revenue faster at 69.5% — sustainability is the question.

CNQ generates stronger free cash flow (4.4B), providing more financial flexibility.

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

Bottom Line

CNQ scores higher overall (79/100 vs 61/100), backed by strong 26.3% margins and 69.5% revenue growth. Both earn "Strong 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.

Northern Oil & Gas Inc

ENERGY · OIL & GAS E&P · USA

Northern Oil and Gas, Inc., an independent energy company, is engaged in the acquisition, exploration, exploitation, development and production of crude oil and natural gas properties in the United States. The company is headquartered in Minnetonka, Minnesota.

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