USAC vs. CNQ
USAC (USA Compression Partners, LP) and CNQ (Canadian Natural Resources Limited) are both stocks. Both are in the Energy sector — USAC in Oil & Gas Equipment & Services, CNQ in Oil & Gas E&P. Over the past 10 years, USAC returned 19.04%/yr vs 17.89%/yr for CNQ. At a 0.41 correlation, their price movements are largely independent.
Performance
USAC vs. CNQ - Performance Comparison
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Returns By Period
In the year-to-date period, USAC achieves a 21.00% return, which is significantly lower than CNQ's 35.04% return. Over the past 10 years, USAC has outperformed CNQ with an annualized return of 19.04%, while CNQ has yielded a comparatively lower 17.89% annualized return.
USAC
- 1D
- -5.51%
- 1M
- -9.42%
- YTD
- 21.00%
- 6M
- 14.72%
- 1Y
- 15.35%
- 3Y*
- 20.43%
- 5Y*
- 22.62%
- 10Y*
- 19.04%
CNQ
- 1D
- -0.31%
- 1M
- -4.77%
- YTD
- 35.04%
- 6M
- 38.56%
- 1Y
- 38.90%
- 3Y*
- 23.03%
- 5Y*
- 26.12%
- 10Y*
- 17.89%
USAC vs. CNQ - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
USAC USA Compression Partners, LP | 21.00% | 6.38% | 12.67% | 28.80% | 25.91% | 45.90% | -10.09% | 57.91% | -11.29% | 8.05% |
CNQ Canadian Natural Resources Limited | 35.04% | 15.58% | -1.31% | 23.72% | 42.82% | 83.55% | -19.06% | 39.72% | -29.92% | 15.97% |
Correlation
The correlation between USAC and CNQ is 0.32, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.32 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.34 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.45 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.43 |
Correlation (All Time) Calculated using the full available price history since Jan 15, 2013 | 0.41 |
The correlation between USAC and CNQ shifts across timeframes, from 0.32 (1 year) to 0.45 (5 years), reflecting how their relationship changes across market environments.
Fundamentals
USAC:
$3.83B
CNQ:
$94.95B
USAC:
$1.01
CNQ:
CA$4.65
USAC:
26.38
CNQ:
13.62
USAC:
0.42
CNQ:
0.65
USAC:
3.14
CNQ:
3.25
USAC:
$1.08B
CNQ:
CA$40.74B
USAC:
$433.32M
CNQ:
CA$12.53B
USAC:
$537.51M
CNQ:
CA$22.99B
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Return for Risk
USAC vs. CNQ — Risk / Return Rank
USAC
CNQ
USAC vs. CNQ - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for USA Compression Partners, LP (USAC) 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| USAC | CNQ | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.91 | ||
| Sortino ratioReturn per unit of downside risk | -0.97 | ||
| Omega ratioGain probability vs. loss probability | 1.12 | 1.25 | -0.13 |
| Calmar ratioReturn relative to maximum drawdown | 1.29 | 3.09 | -1.79 |
| Martin ratioReturn relative to average drawdown | 3.45 | 6.92 | -3.48 |
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Drawdowns
USAC vs. CNQ - Drawdown Comparison
The maximum USAC drawdown since its inception was -78.96%, roughly equal to the maximum CNQ drawdown of -80.75%. Use the drawdown chart below to compare losses from any high point for USAC and CNQ.
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Drawdown Indicators
| USAC | CNQ | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -78.96% | -80.75% | +1.79% |
Max Drawdown (1Y)Largest decline over 1 year | -11.78% | -14.16% | +2.38% |
Max Drawdown (3Y)Largest decline over 3 years | -24.35% | -35.85% | +11.50% |
Max Drawdown (5Y)Largest decline over 5 years | -24.39% | -35.85% | +11.46% |
Max Drawdown (10Y)Largest decline over 10 years | -78.96% | -77.84% | -1.12% |
Current DrawdownCurrent decline from peak | -11.78% | -9.57% | -2.21% |
Average DrawdownAverage peak-to-trough decline | -12.70% | -23.51% | +10.81% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.41% | 6.30% | -1.89% |
Volatility
USAC vs. CNQ - Volatility Comparison
USA Compression Partners, LP (USAC) has a higher volatility of 10.01% compared to Canadian Natural Resources Limited (CNQ) at 8.56%. This indicates that USAC'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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Volatility by Period
| USAC | CNQ | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 10.01% | 8.56% | +1.45% |
Volatility (6M)Calculated over the trailing 6-month period | 18.85% | 24.09% | -5.24% |
Volatility (1Y)Calculated over the trailing 1-year period | 25.50% | 29.06% | -3.56% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 28.45% | 32.86% | -4.41% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 42.80% | 40.24% | +2.56% |
Dividends
USAC vs. CNQ - Dividend Comparison
USAC's dividend yield for the trailing twelve months is around 7.86%, more than CNQ's 3.84% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CNQ Canadian Natural Resources Limited | 2.89% | 5.01% | 5.02% | 4.17% | 6.31% | 3.78% | 5.26% | 3.49% | 4.56% | 3.08% | 2.94% | 4.21% |
USAC USA Compression Partners, LP | 7.86% | 9.13% | 8.91% | 9.20% | 10.75% | 12.03% | 15.44% | 11.58% | 16.18% | 12.70% | 12.14% | 18.06% |
Financials
USAC vs. CNQ - Financials Comparison
This section allows you to compare key financial metrics between USA Compression Partners, LP 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
USAC vs. CNQ - Profitability Comparison
USAC - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, USA Compression Partners, LP reported a gross profit of 0.00 and revenue of 331.28M. Therefore, the gross margin over that period was 0.0%.
CNQ - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Canadian Natural Resources Limited reported a gross profit of 3.48B and revenue of 10.84B. Therefore, the gross margin over that period was 32.1%.
USAC - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, USA Compression Partners, LP reported an operating income of 91.41M and revenue of 331.28M, resulting in an operating margin of 27.6%.
CNQ - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Canadian Natural Resources Limited reported an operating income of 2.68B and revenue of 10.84B, resulting in an operating margin of 24.7%.
USAC - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, USA Compression Partners, LP reported a net income of 38.34M and revenue of 331.28M, resulting in a net margin of 11.6%.
CNQ - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Canadian Natural Resources Limited reported a net income of 1.35B and revenue of 10.84B, resulting in a net margin of 12.5%.
Frequently Asked Questions
USAC and CNQ have a correlation of 0.32, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
USAC has higher volatility (10.01%) compared to CNQ (8.56%). In terms of maximum drawdown, USAC dropped -78.96% vs CNQ's -80.75%.
CNQ currently has the higher Sharpe Ratio (1.51 vs 0.60), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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