Canadian Natural Resources Ltd. vs Transocean Ltd — how do they compare? Canadian Natural Resources Ltd. trades at $42.68 (market cap $89.54B), while Transocean Ltd trades at $5.32 (market cap $5.94B). The key difference: Canadian Natural Resources Ltd. is far larger — about 15.1× Transocean Ltd's market cap, and Canadian Natural Resources Ltd. pays a 4.09% dividend while Transocean Ltd pays none. Which is the better fit depends on your goals.
| CNQ | RIG | |
|---|---|---|
Market Cap | $89.54B | $5.94B |
Sector | Energy | Technology |
52-Week High | $50.55 | $7.58 |
52-Week Low | $29.31 | $2.55 |
Enterprise Value | $100.77B | $10.89B |
Dividend Yield | 4.09% | — |
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 →Transocean Ltd. is a leading international provider of offshore contract drilling services for oil and gas wells. The company operates one of the world's most versatile fleets of mobile offshore drilling units, including ultra-deepwater drillships and harsh environment semi-submersibles. RIG's services are essential to energy exploration and production companies seeking to access deepwater and challenging reserves globally.
Read more on RIG →