WallStSmart

Canadian Natural Resources Ltd (CNQ)vsDevon Energy Corporation (DVN)

VS

Smart Verdict

WallStSmart Research — data-driven comparison

Canadian Natural Resources Ltd generates 141% more annual revenue ($38.63B vs $16.00B). CNQ leads profitability with a 25.1% profit margin vs 14.2%. DVN appears more attractively valued with a PEG of 2.93. CNQ earns a higher WallStSmart Score of 58/100 (C).

CNQ

Buy

58

out of 100

Grade: C

Growth: 2.0Profit: 8.5Value: 7.3Quality: 6.5
Piotroski: 6/9Altman Z: 2.05

DVN

Hold

44

out of 100

Grade: D

Growth: 2.0Profit: 6.0Value: 4.7Quality: 5.0
Piotroski: 3/9Altman Z: 1.99
IV

Intrinsic Value Comparison

Multi-model valuation · Graham Formula

CNQUndervalued (+52.7%)

Margin of Safety

+52.7%

Fair Value

$83.51

Current Price

$39.49

$44.02 discount

UndervaluedFair: $83.51Overvalued
DVNSignificantly Overvalued (-53.1%)

Margin of Safety

-53.1%

Fair Value

$27.83

Current Price

$42.21

$14.38 premium

UndervaluedFair: $27.83Overvalued

Key Strengths & Concerns

Side-by-side fundamental analysis

Key Strengths

CNQ6 strengths · Avg: 9.0/10
P/E RatioValuation
11.8x10/10

Attractively priced relative to earnings

Return on EquityProfitability
30.3%10/10

Every $100 of equity generates 30 in profit

Market CapQuality
$82.36B9/10

Large-cap with strong market position

Profit MarginProfitability
25.1%9/10

Keeps 25 of every $100 in revenue as profit

Price/BookValuation
2.6x8/10

Reasonable price relative to book value

Operating MarginProfitability
21.8%8/10

Strong operational efficiency at 21.8%

DVN2 strengths · Avg: 9.0/10
P/E RatioValuation
11.9x10/10

Attractively priced relative to earnings

Price/BookValuation
1.7x8/10

Reasonable price relative to book value

Areas to Watch

CNQ3 concerns · Avg: 2.0/10
PEG RatioValuation
3.422/10

Expensive relative to growth rate

Revenue GrowthGrowth
-1.2%2/10

Revenue declined 1.2%

EPS GrowthGrowth
-45.3%2/10

Earnings declined 45.3%

DVN4 concerns · Avg: 2.8/10
Altman Z-ScoreHealth
1.994/10

Grey zone — moderate risk

Piotroski F-ScoreQuality
3/93/10

Weak financial health signals

PEG RatioValuation
2.932/10

Expensive relative to growth rate

Revenue GrowthGrowth
-0.8%2/10

Revenue declined 0.8%

Comparative Analysis Report

WallStSmart Research

Bull Case : CNQ

The strongest argument for CNQ centers on P/E Ratio, Return on Equity, Market Cap. Profitability is solid with margins at 25.1% and operating margin at 21.8%.

Bull Case : DVN

The strongest argument for DVN centers on P/E Ratio, Price/Book.

Bear Case : CNQ

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

Bear Case : DVN

The primary concerns for DVN are Altman Z-Score, Piotroski F-Score, PEG Ratio.

Key Dynamics to Monitor

CNQ carries more volatility with a beta of 0.88 — expect wider price swings.

DVN is growing revenue faster at -0.8% — sustainability is the question.

CNQ generates stronger free cash flow (856M), providing more financial flexibility.

Monitor OIL & GAS E&P industry trends, competitive dynamics, and regulatory changes.

Bottom Line

CNQ scores higher overall (58/100 vs 44/100), backed by strong 25.1% margins. Both earn "Buy" and "Hold" 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.

Devon Energy Corporation

ENERGY · OIL & GAS E&P · USA

Devon Energy Corporation is an American energy company engaged in hydrocarbon exploration in the American market.

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