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CJ.TO vs. CNQ.TO
Performance
Return for Risk
Dividends
Drawdowns
Volatility
Financials

Performance

CJ.TO vs. CNQ.TO - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in Cardinal Energy Ltd. (CJ.TO) and Canadian Natural Resources Limited (CNQ.TO). The values are adjusted to include any dividend payments, if applicable.

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CJ.TO vs. CNQ.TO - Yearly Performance Comparison


2026 (YTD)202520242023202220212020201920182017
CJ.TO
Cardinal Energy Ltd.
24.32%48.34%14.78%-8.86%87.05%420.73%-68.03%24.70%-52.26%-48.12%
CNQ.TO
Canadian Natural Resources Limited
40.30%10.42%7.11%21.06%49.65%82.41%-20.75%32.78%-24.17%7.75%

Fundamentals

Market Cap

CJ.TO:

CA$1.70B

CNQ.TO:

CA$135.04B

EPS

CJ.TO:

CA$0.13

CNQ.TO:

CA$5.19

PE Ratio

CJ.TO:

82.36

CNQ.TO:

12.46

PS Ratio

CJ.TO:

3.48

CNQ.TO:

3.25

PB Ratio

CJ.TO:

2.04

CNQ.TO:

3.04

Total Revenue (TTM)

CJ.TO:

CA$492.81M

CNQ.TO:

CA$41.51B

Gross Profit (TTM)

CJ.TO:

CA$224.06M

CNQ.TO:

CA$12.51B

EBITDA (TTM)

CJ.TO:

CA$205.23M

CNQ.TO:

CA$18.36B

Returns By Period

In the year-to-date period, CJ.TO achieves a 24.32% return, which is significantly lower than CNQ.TO's 40.30% return. Over the past 10 years, CJ.TO has underperformed CNQ.TO with an annualized return of 9.62%, while CNQ.TO has yielded a comparatively higher 20.00% annualized return.


CJ.TO

1D
-6.68%
1M
7.73%
YTD
24.32%
6M
40.74%
1Y
78.81%
3Y*
26.32%
5Y*
41.99%
10Y*
9.62%

CNQ.TO

1D
-4.75%
1M
7.67%
YTD
40.30%
6M
49.30%
1Y
51.36%
3Y*
25.86%
5Y*
33.14%
10Y*
20.00%
*Multi-year figures are annualized to reflect compound growth (CAGR)

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Return for Risk

CJ.TO vs. CNQ.TO — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

CJ.TO
CJ.TO Risk / Return Rank: 9090
Overall Rank
CJ.TO Sharpe Ratio Rank: 9393
Sharpe Ratio Rank
CJ.TO Sortino Ratio Rank: 8888
Sortino Ratio Rank
CJ.TO Omega Ratio Rank: 9090
Omega Ratio Rank
CJ.TO Calmar Ratio Rank: 8787
Calmar Ratio Rank
CJ.TO Martin Ratio Rank: 9393
Martin Ratio Rank

CNQ.TO
CNQ.TO Risk / Return Rank: 8383
Overall Rank
CNQ.TO Sharpe Ratio Rank: 8686
Sharpe Ratio Rank
CNQ.TO Sortino Ratio Rank: 8181
Sortino Ratio Rank
CNQ.TO Omega Ratio Rank: 8080
Omega Ratio Rank
CNQ.TO Calmar Ratio Rank: 8282
Calmar Ratio Rank
CNQ.TO Martin Ratio Rank: 8686
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

CJ.TO vs. CNQ.TO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Cardinal Energy Ltd. (CJ.TO) and Canadian Natural Resources Limited (CNQ.TO). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.


CJ.TOCNQ.TODifference

Sharpe ratio

Return per unit of total volatility

2.32

1.66

+0.66

Sortino ratio

Return per unit of downside risk

2.73

2.19

+0.53

Omega ratio

Gain probability vs. loss probability

1.41

1.30

+0.11

Calmar ratio

Return relative to maximum drawdown

3.39

2.60

+0.79

Martin ratio

Return relative to average drawdown

14.44

8.44

+5.99

CJ.TO vs. CNQ.TO - Sharpe Ratio Comparison

The current CJ.TO Sharpe Ratio is 2.32, which is higher than the CNQ.TO Sharpe Ratio of 1.66. The chart below compares the historical Sharpe Ratios of CJ.TO and CNQ.TO, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Sharpe Ratios by Period


CJ.TOCNQ.TODifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

2.32

1.66

+0.66

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

1.03

1.11

-0.07

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.17

0.53

-0.36

Sharpe Ratio (All Time)

Calculated using the full available price history

0.11

0.63

-0.52

Correlation

The correlation between CJ.TO and CNQ.TO is 0.62, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.


Dividends

CJ.TO vs. CNQ.TO - Dividend Comparison

CJ.TO's dividend yield for the trailing twelve months is around 6.79%, more than CNQ.TO's 3.70% yield.


TTM20252024202320222021202020192018201720162015
CJ.TO
Cardinal Energy Ltd.
6.79%8.29%11.11%11.46%4.99%0.00%3.66%5.77%17.79%8.25%3.97%9.58%
CNQ.TO
Canadian Natural Resources Limited
3.70%5.06%4.82%4.26%6.12%3.66%5.44%3.50%3.98%2.40%2.15%3.02%

Drawdowns

CJ.TO vs. CNQ.TO - Drawdown Comparison

The maximum CJ.TO drawdown since its inception was -97.53%, which is greater than CNQ.TO's maximum drawdown of -76.20%. Use the drawdown chart below to compare losses from any high point for CJ.TO and CNQ.TO.


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Drawdown Indicators


CJ.TOCNQ.TODifference

Max Drawdown

Largest peak-to-trough decline

-97.53%

-76.20%

-21.33%

Max Drawdown (1Y)

Largest decline over 1 year

-23.47%

-20.44%

-3.03%

Max Drawdown (5Y)

Largest decline over 5 years

-35.20%

-33.11%

-2.09%

Max Drawdown (10Y)

Largest decline over 10 years

-95.79%

-76.20%

-19.59%

Current Drawdown

Current decline from peak

-7.42%

-6.94%

-0.48%

Average Drawdown

Average peak-to-trough decline

-53.57%

-18.95%

-34.62%

Ulcer Index

Depth and duration of drawdowns from previous peaks

5.52%

6.30%

-0.78%

Volatility

CJ.TO vs. CNQ.TO - Volatility Comparison

Cardinal Energy Ltd. (CJ.TO) and Canadian Natural Resources Limited (CNQ.TO) have volatilities of 9.53% and 9.33%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


CJ.TOCNQ.TODifference

Volatility (1M)

Calculated over the trailing 1-month period

9.53%

9.33%

+0.20%

Volatility (6M)

Calculated over the trailing 6-month period

21.81%

19.80%

+2.01%

Volatility (1Y)

Calculated over the trailing 1-year period

34.10%

31.06%

+3.04%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

40.84%

30.17%

+10.67%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

55.42%

37.89%

+17.53%

Financials

CJ.TO vs. CNQ.TO - Financials Comparison

This section allows you to compare key financial metrics between Cardinal Energy Ltd. and Canadian Natural Resources Limited. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.


Quarterly
Annual

Total Revenue: Total amount of money received from sales and other business activities


0.002.00B4.00B6.00B8.00B10.00B12.00B14.00BAprilJulyOctober2022AprilJulyOctober2023AprilJulyOctober2024AprilJulyOctober2025AprilJulyOctober
109.19M
9.61B
(CJ.TO) Total Revenue
(CNQ.TO) Total Revenue
Values in CAD except per share items

CJ.TO vs. CNQ.TO - Profitability Comparison

The chart below illustrates the profitability comparison between Cardinal Energy Ltd. and Canadian Natural Resources Limited over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

Gross Margin
Operating Margin
Net Margin
Quarterly
Annual

10.0%20.0%30.0%40.0%50.0%60.0%70.0%AprilJulyOctober2022AprilJulyOctober2023AprilJulyOctober2024AprilJulyOctober2025AprilJulyOctober
20.8%
21.2%
Portfolio components
CJ.TO - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, Cardinal Energy Ltd. reported a gross profit of 22.68M and revenue of 109.19M. Therefore, the gross margin over that period was 20.8%.

CNQ.TO - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, Canadian Natural Resources Limited reported a gross profit of 2.04B and revenue of 9.61B. Therefore, the gross margin over that period was 21.2%.

CJ.TO - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, Cardinal Energy Ltd. reported an operating income of 14.17M and revenue of 109.19M, resulting in an operating margin of 13.0%.

CNQ.TO - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, Canadian Natural Resources Limited reported an operating income of 1.79B and revenue of 9.61B, resulting in an operating margin of 18.7%.

CJ.TO - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, Cardinal Energy Ltd. reported a net income of -29.92M and revenue of 109.19M, resulting in a net margin of -27.4%.

CNQ.TO - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, Canadian Natural Resources Limited reported a net income of 5.30B and revenue of 9.61B, resulting in a net margin of 55.2%.