Cadence Design Systems Inc vs Canadian Natural Resources Ltd. — how do they compare? Cadence Design Systems Inc trades at $326.4 (market cap $90.20B), while Canadian Natural Resources Ltd. trades at $47.07 (market cap $98.11B). The key difference: Cadence Design Systems Inc and Canadian Natural Resources Ltd. are close in size by market cap, and Canadian Natural Resources Ltd. pays a 3.73% dividend while Cadence Design Systems Inc pays none. Which is the better fit depends on your goals.
| CDNS | CNQ | |
|---|---|---|
Market Cap | $90.20B | $98.11B |
Sector | Technology | Energy |
52-Week High | $416.39 | $50.55 |
52-Week Low | $265.66 | $29.31 |
Enterprise Value | $91.41B | $108.54B |
Dividend Yield | — | 3.73% |
Trailing returns across standard periods
Cadence Design Systems is a provider of electronic design automation software, intellectual property, and system design and analysis products. EDA software automates the chip design process, enhancing design accuracy, productivity, and complexity in a full-flow end-to-end solution. Cadence offers a portfolio of design IP, as well as system design and analysis products, which enable system-level analysis and verification solutions. Cadence's comprehensive portfolio is benefiting from a mutual convergence of semiconductor companies moving up-stack toward systems-like companies, and systems companies moving down-stack toward in-house chip design. The resulting expansion in EDA customers, alongside secular digitalization of various end markets, benefits EDA vendors like Cadence.
Read more on CDNS →Canadian Natural Resources is one of the largest oil and natural gas producers in western Canada, supplemented by operations in the North Sea and Offshore Africa. The company's portfolio includes light and medium oil, heavy oil, bitumen, synthetic oil, natural gas liquids, and natural gas. Production averaged 1.16 million barrels of oil equivalent per day in 2020, and the company estimates that it holds over 11.5 billion boe of proven and probable crude oil and natural gas reserves.
Read more on CNQ →