OKE vs. CNQ
Compare and contrast key facts about ONEOK, Inc. (OKE) and Canadian Natural Resources Limited (CNQ).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: OKE or CNQ.
Key characteristics
| OKE | CNQ | |
|---|---|---|
| YTD Return | 12.47% | 15.47% |
| 1Y Return | 29.58% | 39.45% |
| 3Y Return (Ann) | 20.63% | 40.59% |
| 5Y Return (Ann) | 10.37% | 28.61% |
| 10Y Return (Ann) | 8.62% | 10.92% |
| Sharpe Ratio | 1.11 | 1.32 |
| Daily Std Dev | 21.92% | 27.84% |
| Max Drawdown | -80.17% | -81.38% |
| Current Drawdown | -4.36% | -9.06% |
Fundamentals
| OKE | CNQ | |
|---|---|---|
| Market Cap | $47.31B | $83.52B |
| EPS | $5.48 | $5.45 |
| PE Ratio | 14.79 | 14.31 |
| PEG Ratio | 1.68 | 12.75 |
| Revenue (TTM) | $17.68B | $35.97B |
| Gross Profit (TTM) | $4.48B | $23.61B |
| EBITDA (TTM) | $4.22B | $16.51B |
Correlation
The correlation between OKE and CNQ is 0.49, 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.
Performance
OKE vs. CNQ - Performance Comparison
In the year-to-date period, OKE achieves a 12.47% return, which is significantly lower than CNQ's 15.47% return. Over the past 10 years, OKE has underperformed CNQ with an annualized return of 8.62%, while CNQ has yielded a comparatively higher 10.92% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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Risk-Adjusted Performance
OKE vs. CNQ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for ONEOK, Inc. (OKE) and Canadian Natural Resources Limited (CNQ). 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.
Dividends
OKE vs. CNQ - Dividend Comparison
OKE's dividend yield for the trailing twelve months is around 5.06%, more than CNQ's 3.82% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
OKE ONEOK, Inc. | 5.06% | 5.44% | 5.69% | 6.36% | 9.74% | 4.66% | 6.01% | 5.09% | 4.28% | 9.85% | 4.27% | 2.38% |
CNQ Canadian Natural Resources Limited | 3.82% | 4.17% | 6.29% | 3.69% | 5.14% | 3.42% | 4.52% | 2.34% | 2.19% | 3.20% | 2.58% | 1.60% |
Drawdowns
OKE vs. CNQ - Drawdown Comparison
The maximum OKE drawdown since its inception was -80.17%, roughly equal to the maximum CNQ drawdown of -81.38%. Use the drawdown chart below to compare losses from any high point for OKE and CNQ. For additional features, visit the drawdowns tool.
Volatility
OKE vs. CNQ - Volatility Comparison
The current volatility for ONEOK, Inc. (OKE) is 4.95%, while Canadian Natural Resources Limited (CNQ) has a volatility of 5.61%. This indicates that OKE experiences smaller price fluctuations and is considered to be less risky than CNQ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Financials
OKE vs. CNQ - Financials Comparison
This section allows you to compare key financial metrics between ONEOK, Inc. 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.
Total Revenue: Total amount of money received from sales and other business activities