CNQ vs CEG

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

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

CNQ vs CEG - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

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

Market Cap

Winner

CNQ

$102B

CEG

$102B

Max Drawdown

CNQ

85.40%

Winner

CEG

50.79%

Sharpe Ratio

Winner

CNQ

1.84

CEG

0.07

5Y Beta

Winner

CNQ

0.56

CEG

1.64

Industry

CNQ

Oil & Gas E&p

CEG

Utilities - Independent Power Producers

P/E Ratio

Winner

CNQ

14.42

CEG

24.57

Forward P/E

Winner

CNQ

11.64

CEG

22.12

PEG Ratio

Winner

CNQ

0.44

CEG

1.22

Dividend Yield

Winner

CNQ

4.88%

CEG

0.61%

5Y Dividends CAGR

CNQ

26.57%

CEG

N/A

5Y EPS CAGR

CNQ

35.39%

CEG

N/A

Debt to Equity

Winner

CNQ

44.85%

CEG

51.86%

Free Cash Flow Yield

Winner

CNQ

4.39%

CEG

1.12%

CNQ vs CEG - Historical Returns

Returns include dividend reinvestment.

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

Winner

CNQ

+12.66%

CEG

-2.03%

Winner

CNQ

+16.12%

CEG

-4.33%

Winner

CNQ

+46.80%

CEG

-18.42%

Winner

CNQ

+66.85%

CEG

-3.30%

5Y(CAGR)

CNQ

+30.98%

Winner

CEG

+48.77%

10Y(CAGR)

CNQ

+18.95%

CEG

N/A

Max(CAGR)

CNQ

+16.99%

Winner

CEG

+48.77%

CNQ vs CEG - Annual Returns (2000 - 2026)

Returns include dividend reinvestment.

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

CNQ vs CEG Drawdown Comparison

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

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

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

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

Correlation

Correlation between CNQ and CEG 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)

CNQ vs CEG dividend yield comparison.

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