CEG vs CNQ

Comparison between Constellation Energy Corporation (CEG, Company) and Canadian Natural Resources Ltd (CNQ, Company).

CEG is from the Utilities sector, while CNQ is from the Energy sector.

CEG vs CNQ - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	CEG(COMPANY)	CNQ(COMPANY)
Market Cap	$102B	$102B
Max Drawdown	50.79%	85.40%
Sharpe Ratio	0.07	1.84
5Y Beta	1.64	0.56
Industry	Utilities - Independent Power Producers	Oil & Gas E&p
P/E Ratio	24.57	14.42
Forward P/E	22.12	11.64
PEG Ratio	1.22	0.44
Dividend Yield	0.61%	4.88%
5Y Dividends CAGR	N/A	26.57%
5Y EPS CAGR	N/A	35.39%
Debt to Equity	51.86%	44.85%
Free Cash Flow Yield	1.12%	4.39%

Market Cap

CEG

$102B

Winner

CNQ

$102B

Max Drawdown

Winner

CEG

50.79%

CNQ

85.40%

Sharpe Ratio

CEG

0.07

Winner

CNQ

1.84

5Y Beta

CEG

1.64

Winner

CNQ

0.56

Industry

CEG

Utilities - Independent Power Producers

CNQ

Oil & Gas E&p

P/E Ratio

CEG

24.57

Winner

CNQ

14.42

Forward P/E

CEG

22.12

Winner

CNQ

11.64

PEG Ratio

CEG

1.22

Winner

CNQ

0.44

Dividend Yield

CEG

0.61%

Winner

CNQ

4.88%

5Y Dividends CAGR

CEG

N/A

CNQ

26.57%

5Y EPS CAGR

CEG

N/A

CNQ

35.39%

Debt to Equity

CEG

51.86%

Winner

CNQ

44.85%

Free Cash Flow Yield

CEG

1.12%

Winner

CNQ

4.39%

CEG vs CNQ - Historical Returns

Returns include dividend reinvestment.

Period	CEG	CNQ
1 month	-2.03%	+12.66%
3 months	-4.33%	+16.12%
6 months	-18.42%	+46.80%
1 year	-3.30%	+66.85%
5 years(CAGR)	+48.77%	+30.98%
10 years(CAGR)	N/A	+18.95%
Max(CAGR)	+48.77%	+16.99%

CEG

-2.03%

Winner

CNQ

+12.66%

CEG

-4.33%

Winner

CNQ

+16.12%

CEG

-18.42%

Winner

CNQ

+46.80%

CEG

-3.30%

Winner

CNQ

+66.85%

5Y(CAGR)

Winner

CEG

+48.77%

CNQ

+30.98%

10Y(CAGR)

CEG

N/A

CNQ

+18.95%

Max(CAGR)

Winner

CEG

+48.77%

CNQ

+16.99%

CEG vs CNQ - Annual Returns (2000 - 2026)

Returns include dividend reinvestment.

Year	CEG	CNQ
2026	-22.98%	+43.45%
2025	+46.42%	+13.74%
2024	+95.47%	-1.65%
2023	+44.44%	+31.66%
2022	+64.11%	+40.31%
2021	N/A	+80.91%
2020	N/A	-17.44%
2019	N/A	+36.24%
2018	N/A	-31.52%
2017	N/A	+13.77%
2016	N/A	+54.53%
2015	N/A	-26.51%
2014	N/A	-4.38%
2013	N/A	+16.22%
2012	N/A	-25.68%
2011	N/A	-16.43%
2010	N/A	+21.44%
2009	N/A	+69.80%
2008	N/A	-46.25%
2007	N/A	+50.65%
2006	N/A	+5.17%
2005	N/A	+145.96%
2004	N/A	+67.11%
2003	N/A	+69.98%
2002	N/A	+25.53%
2001	N/A	-12.45%
2000	N/A	-1.37%

CEG vs CNQ Drawdown Comparison

The maximum drawdown for CEG was -50.70%, occurring on Apr 4, 2025. Recovery took 129 trading sessions.

The maximum drawdown for CNQ was -80.77%, occurring on Mar 18, 2020. Recovery took 3261 trading sessions.

The current CEG drawdown is -30.09%. The current CNQ drawdown is -2.62%.

Rank	CEG	CNQ
#1	-50.70% Jan 24, 2025 - Jul 31, 2025	-80.77% Jun 18, 2008 - Jun 2, 2021
#2	-38.77% Oct 15, 2025 - Feb 5, 2026	-37.34% Sep 15, 2000 - May 14, 2003
#3	-27.64% May 28, 2024 - Sep 20, 2024	-35.85% Apr 10, 2024 - Jan 29, 2026
#4	-24.19% Nov 25, 2022 - Jul 20, 2023	-34.46% Feb 6, 2006 - May 7, 2007
#5	-21.53% Oct 4, 2024 - Jan 10, 2025	-31.51% Apr 20, 2022 - Aug 28, 2023
#6	-19.64% Feb 3, 2022 - Mar 25, 2022	-29.76% Nov 6, 2007 - Apr 21, 2008
#7	-19.64% Apr 19, 2022 - May 27, 2022	-25.45% Sep 1, 2005 - Dec 12, 2005
#8	-18.92% May 27, 2022 - Aug 3, 2022	-19.02% Jun 15, 2021 - Oct 4, 2021
#9	-15.70% Aug 4, 2025 - Oct 2, 2025	-17.56% Mar 4, 2005 - Jun 3, 2005
#10	-12.44% Nov 14, 2023 - Feb 1, 2024	-16.41% Jul 19, 2007 - Sep 13, 2007
#11	-9.06% Sep 19, 2022 - Oct 27, 2022	-14.72% Oct 22, 2004 - Jan 27, 2005
#12	-8.55% Nov 1, 2022 - Nov 22, 2022	-14.15% Mar 27, 2026 - Apr 17, 2026
#13	-8.50% Jan 10, 2025 - Jan 16, 2025	-14.03% Apr 15, 2004 - Jun 24, 2004
#14	-8.34% Mar 6, 2024 - Mar 25, 2024	-12.99% Aug 12, 2005 - Aug 31, 2005
#15	-6.87% Sep 14, 2023 - Oct 10, 2023	-12.42% Jan 5, 2004 - Mar 1, 2004

Correlation

Correlation between CEG and CNQ is 0.66 which considered as a moderate positive correlation - the stocks show some tendency to move together.

0.66

-101

Dividend Comparison (2001 - 2026)

CEG vs CNQ dividend yield comparison.

Year	CEG	CNQ
2026	0.30%	0.93%
2025	0.44%	5.01%
2024	0.63%	5.02%
2023	0.97%	4.17%
2022	0.65%	6.31%
2021	0.00%	3.78%
2020	0.00%	5.26%
2019	0.00%	3.49%
2018	0.00%	4.56%
2017	0.00%	3.08%
2016	0.00%	2.94%
2015	0.00%	4.21%
2014	0.00%	2.92%
2013	0.00%	1.70%
2012	0.00%	1.46%
2011	0.00%	0.96%
2010	0.00%	0.68%
2009	0.00%	0.58%
2008	0.00%	1.00%
2007	0.00%	0.46%
2006	0.00%	0.66%
2005	0.00%	0.55%
2004	0.00%	1.11%
2003	0.00%	1.19%
2002	0.00%	0.80%
2001	0.00%	0.79%