Canadian Natural Resources Ltd. vs iShares Bitcoin Trust — how do they compare? Canadian Natural Resources Ltd. trades at $47.61 (market cap $98.11B), while iShares Bitcoin Trust trades at $36.4. The key difference: Canadian Natural Resources Ltd. pays a 3.73% dividend while iShares Bitcoin Trust pays none, and Canadian Natural Resources Ltd. is trading nearer its 52-week high, iShares Bitcoin Trust nearer its low. Which is the better fit depends on your goals.
| CNQ | IBIT | |
|---|---|---|
Market Cap | $98.11B | — |
Sector | Energy | Crypto-linked |
52-Week High | $50.55 | $71.29 |
52-Week Low | $29.31 | $33.29 |
Enterprise Value | $108.54B | — |
Dividend Yield | 3.73% | — |
Trailing returns across standard periods
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 →IBIT is a spot Bitcoin ETF that tracks the price of Bitcoin directly. Managed by BlackRock, it offers investors a regulated way to gain exposure to the digital asset within a traditional brokerage account.
Read more on IBIT →