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 0.43, 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
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Key characteristics
OKE:
0.25
CNQ:
-0.55
OKE:
0.59
CNQ:
-0.54
OKE:
1.09
CNQ:
0.93
OKE:
0.31
CNQ:
-0.45
OKE:
0.81
CNQ:
-1.11
OKE:
12.26%
CNQ:
14.54%
OKE:
30.88%
CNQ:
31.59%
OKE:
-80.17%
CNQ:
-81.12%
OKE:
-28.04%
CNQ:
-22.15%
Fundamentals
OKE:
$51.41B
CNQ:
$63.93B
OKE:
$5.12
CNQ:
$2.57
OKE:
16.07
CNQ:
11.87
OKE:
1.42
CNQ:
12.75
OKE:
2.06
CNQ:
1.67
OKE:
2.35
CNQ:
2.12
OKE:
$24.96B
CNQ:
$41.63B
OKE:
$7.14B
CNQ:
$13.99B
OKE:
$6.83B
CNQ:
$13.15B
Returns By Period
In the year-to-date period, OKE achieves a -16.11% return, which is significantly lower than CNQ's 0.17% return. Over the past 10 years, OKE has outperformed CNQ with an annualized return of 13.27%, while CNQ has yielded a comparatively lower 12.01% annualized return.
OKE
-16.11%
0.94%
-21.40%
7.56%
28.38%
13.27%
CNQ
0.17%
12.25%
-8.37%
-16.24%
36.37%
12.01%
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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.
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Dividends
OKE vs. CNQ - Dividend Comparison
OKE's dividend yield for the trailing twelve months is around 4.91%, less than CNQ's 5.14% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
OKE ONEOK, Inc. | 4.91% | 3.94% | 5.47% | 5.72% | 6.40% | 9.77% | 4.66% | 6.01% | 5.09% | 4.28% | 9.85% | 4.27% |
CNQ Canadian Natural Resources Limited | 5.14% | 5.02% | 4.17% | 6.31% | 3.70% | 5.15% | 3.42% | 5.92% | 2.34% | 2.20% | 3.20% | 2.57% |
Drawdowns
OKE vs. CNQ - Drawdown Comparison
The maximum OKE drawdown since its inception was -80.17%, roughly equal to the maximum CNQ drawdown of -81.12%. Use the drawdown chart below to compare losses from any high point for OKE and CNQ. For additional features, visit the drawdowns tool.
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Volatility
OKE vs. CNQ - Volatility Comparison
ONEOK, Inc. (OKE) has a higher volatility of 11.85% compared to Canadian Natural Resources Limited (CNQ) at 10.99%. This indicates that OKE's price experiences larger fluctuations and is considered to be riskier than CNQ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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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
OKE vs. CNQ - Profitability Comparison
OKE - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on May 2025, ONEOK, Inc. reported a gross profit of 2.01B and revenue of 8.04B. Therefore, the gross margin over that period was 25.0%.
CNQ - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on May 2025, Canadian Natural Resources Limited reported a gross profit of 3.56B and revenue of 12.71B. Therefore, the gross margin over that period was 28.0%.
OKE - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on May 2025, ONEOK, Inc. reported an operating income of 1.22B and revenue of 8.04B, resulting in an operating margin of 15.2%.
CNQ - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on May 2025, Canadian Natural Resources Limited reported an operating income of 3.29B and revenue of 12.71B, resulting in an operating margin of 25.9%.
OKE - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on May 2025, ONEOK, Inc. reported a net income of 636.00M and revenue of 8.04B, resulting in a net margin of 7.9%.
CNQ - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on May 2025, Canadian Natural Resources Limited reported a net income of 2.46B and revenue of 12.71B, resulting in a net margin of 19.3%.