Canadian Natural Resources Ltd. vs Freeport-McMoRan Inc — how do they compare? Canadian Natural Resources Ltd. trades at $48.35 (market cap $98.11B), while Freeport-McMoRan Inc trades at $67.14 (market cap $93.56B). The key difference: Canadian Natural Resources Ltd. and Freeport-McMoRan Inc are close in size by market cap, and Canadian Natural Resources Ltd. pays the higher dividend (3.73%). Which is the better fit depends on your goals.
| CNQ | FCX | |
|---|---|---|
Market Cap | $98.11B | $93.56B |
Sector | Energy | Basic Materials |
52-Week High | $50.55 | $71.73 |
52-Week Low | $29.31 | $35.34 |
Enterprise Value | $108.53B | $99.84B |
Dividend Yield | 3.73% | 0.9% |
Signals from Pluang's Aura AI — not financial advice
Canadian Natural Resources (CNQ) trades at $47.6, showing minimal daily change. The stock exhibits a bullish technical outlook with strong moving average signals, while recent Q2 2026 earnings of $1.53 per share beat estimates, driven by record production and favorable pricing. Financial health is robust with a net income margin of 22.87% and a P/E ratio of 11.79, indicating attractive valuation. Dividend payments remain consistent at $0.63 per share, reinforcing shareholder returns.
Outlook is positive with analyst consensus strongly bullish (27 buys, 0 sells), supported by upgraded guidance and operational efficiency. Key risks include oil price volatility and rising costs, but the company's low-decline assets and disciplined capital spending provide stability. Investors may find opportunity in CNQ's growth trajectory and dividend reliability amid energy sector momentum.
FCX trades at $66.83, down 2.98% on the day, but maintains a bullish technical trend with strong analyst support. The company has beaten earnings estimates for three consecutive quarters, with Q3 2026 expected at $0.72 EPS. Revenue remains stable around $25.9B, while net income margin improved to 11.38% in 2026. Recent news highlights operational challenges like lower copper volumes but also growth initiatives at Grasberg and Bagdad.
The outlook is positive with a consensus price target of $73.85, implying ~10% upside. Key opportunities include exposure to high copper prices and expansion projects, while risks involve production volatility, cost pressures, and reliance on commodity cycles. The stock's valuation appears elevated with a P/E of 33.93, requiring sustained earnings growth to justify further gains.
Trailing returns across standard periods
Latest headlines on both assets
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 →Freeport-McMoRan Inc is an international mining company. It operates geographically diverse assets with proven and probable mineral reserves of copper, gold and molybdenum. The company's portfolio of assets includes the Grasberg minerals district in Indonesia
Read more on FCX →