WallStSmart

Canadian Natural Resources Ltd (CNQ)vsComstock Resources Inc (CRK)

VS

Smart Verdict

WallStSmart Research — data-driven comparison

Canadian Natural Resources Ltd generates 1646% more annual revenue ($38.76B vs $2.22B). CNQ leads profitability with a 27.9% profit margin vs 17.8%. CNQ appears more attractively valued with a PEG of 3.42. CNQ earns a higher WallStSmart Score of 67/100 (B-).

CNQ

Strong Buy

67

out of 100

Grade: B-

Growth: 3.3Profit: 8.5Value: 7.3Quality: 5.0

CRK

Buy

62

out of 100

Grade: C+

Growth: 4.7Profit: 8.0Value: 4.7Quality: 4.3
Piotroski: 4/9Altman Z: 1.12
IV

Intrinsic Value Comparison

Multi-model valuation · Graham Formula

CNQUndervalued (+76.9%)

Margin of Safety

+76.9%

Fair Value

$175.97

Current Price

$49.02

$126.95 discount

UndervaluedFair: $175.97Overvalued
CRKSignificantly Overvalued (-110.1%)

Margin of Safety

-110.1%

Fair Value

$9.72

Current Price

$22.39

$12.67 premium

UndervaluedFair: $9.72Overvalued

Key Strengths & Concerns

Side-by-side fundamental analysis

Key Strengths

CNQ5 strengths · Avg: 8.6/10
Market CapQuality
$102.25B9/10

Large-cap with strong market position

Return on EquityProfitability
25.8%9/10

Every $100 of equity generates 26 in profit

Profit MarginProfitability
27.9%9/10

Keeps 28 of every $100 in revenue as profit

P/E RatioValuation
13.0x8/10

Attractively priced relative to earnings

Free Cash FlowQuality
$2.31B8/10

Generating 2.3B in free cash flow

CRK4 strengths · Avg: 9.0/10
Operating MarginProfitability
47.9%10/10

Strong operational efficiency at 47.9%

Revenue GrowthGrowth
114.3%10/10

Revenue surging 114.3% year-over-year

P/E RatioValuation
14.9x8/10

Attractively priced relative to earnings

Price/BookValuation
2.5x8/10

Reasonable price relative to book value

Areas to Watch

CNQ3 concerns · Avg: 3.3/10
Revenue GrowthGrowth
1.5%4/10

1.5% revenue growth

EPS GrowthGrowth
3.7%4/10

3.7% earnings growth

PEG RatioValuation
3.422/10

Expensive relative to growth rate

CRK4 concerns · Avg: 2.0/10
PEG RatioValuation
4.642/10

Expensive relative to growth rate

EPS GrowthGrowth
-79.2%2/10

Earnings declined 79.2%

Free Cash FlowQuality
$-141.25M2/10

Negative free cash flow — burning cash

Altman Z-ScoreHealth
1.122/10

Distress zone — elevated risk

Comparative Analysis Report

WallStSmart Research

Bull Case : CNQ

The strongest argument for CNQ centers on Market Cap, Return on Equity, Profit Margin. Profitability is solid with margins at 27.9% and operating margin at 19.6%.

Bull Case : CRK

The strongest argument for CRK centers on Operating Margin, Revenue Growth, P/E Ratio. Profitability is solid with margins at 17.8% and operating margin at 47.9%. Revenue growth of 114.3% demonstrates continued momentum.

Bear Case : CNQ

The primary concerns for CNQ are Revenue Growth, EPS Growth, PEG Ratio.

Bear Case : CRK

The primary concerns for CRK are PEG Ratio, EPS Growth, Free Cash Flow.

Key Dynamics to Monitor

CNQ profiles as a value stock while CRK is a growth play — different risk/reward profiles.

CNQ carries more volatility with a beta of 1.06 — expect wider price swings.

CRK is growing revenue faster at 114.3% — sustainability is the question.

CNQ generates stronger free cash flow (2.3B), providing more financial flexibility.

Bottom Line

CNQ scores higher overall (67/100 vs 62/100), backed by strong 27.9% margins. Both earn "Strong Buy" and "Buy" ratings respectively — the choice depends on your investment horizon and risk tolerance.

This analysis is generated from publicly available financial data. Not financial advice.

Canadian Natural Resources Ltd

ENERGY · OIL & GAS E&P · USA

Canadian Natural Resources Limited acquires, explores, develops, produces, markets and sells crude oil, natural gas and natural gas liquids (NGL). The company is headquartered in Calgary, Canada.

Comstock Resources Inc

ENERGY · OIL & GAS E&P · USA

Comstock Resources, Inc., an independent energy company, engages in the acquisition, exploration, development, and production of oil and natural gas primarily in Texas, Louisiana, and North Dakota. The company is headquartered in Frisco, Texas.

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