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.
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
Key characteristics
OKE:
3.10
CNQ:
0.14
OKE:
3.72
CNQ:
0.37
OKE:
1.53
CNQ:
1.04
OKE:
3.96
CNQ:
0.14
OKE:
14.25
CNQ:
0.28
OKE:
4.61%
CNQ:
12.93%
OKE:
21.18%
CNQ:
26.26%
OKE:
-80.17%
CNQ:
-81.11%
OKE:
-6.91%
CNQ:
-21.66%
Fundamentals
OKE:
$63.52B
CNQ:
$66.06B
OKE:
$4.73
CNQ:
$2.44
OKE:
23.04
CNQ:
12.75
OKE:
2.83
CNQ:
12.75
OKE:
$14.70B
CNQ:
$27.70B
OKE:
$4.12B
CNQ:
$7.85B
OKE:
$4.32B
CNQ:
$11.90B
Returns By Period
In the year-to-date period, OKE achieves a 8.53% return, which is significantly higher than CNQ's 0.81% return. Over the past 10 years, OKE has outperformed CNQ with an annualized return of 16.78%, while CNQ has yielded a comparatively lower 13.08% annualized return.
OKE
8.53%
11.59%
33.47%
60.54%
14.96%
16.78%
CNQ
0.81%
5.46%
-9.37%
3.49%
21.13%
13.08%
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Risk-Adjusted Performance
OKE vs. CNQ — Risk-Adjusted Performance Rank
OKE
CNQ
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 3.63%, less than CNQ's 4.99% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
OKE ONEOK, Inc. | 3.63% | 3.94% | 5.44% | 5.69% | 6.36% | 9.74% | 4.68% | 6.01% | 5.09% | 4.28% | 9.85% | 4.27% |
CNQ Canadian Natural Resources Limited | 4.99% | 5.03% | 4.17% | 6.31% | 3.70% | 5.15% | 3.42% | 5.92% | 2.34% | 2.19% | 3.19% | 2.59% |
Drawdowns
OKE vs. CNQ - Drawdown Comparison
The maximum OKE drawdown since its inception was -80.17%, roughly equal to the maximum CNQ drawdown of -81.11%. 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
ONEOK, Inc. (OKE) and Canadian Natural Resources Limited (CNQ) have volatilities of 6.90% and 7.04%, 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.
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