📊 How do CNQ's earnings compare to Baytex's in the same period?
8/4/2025 02:01am
**Canadian Natural Resources (CNQ) significantly outperformed Baytex Energy (BTE) in terms of earnings and revenue in the same period**. Here's a detailed comparison:
1. **Earnings Per Share (EPS)**:
- CNQ's diluted EPS for the quarter was $0.44, surpassing Baytex's diluted EPS of $0.16.
- This represents a substantial earnings per share difference of $0.28 between the two companies.
2. **Total Revenue**:
- CNQ reported total revenues of $6.28 billion, which is substantially higher than Baytex's total revenue of $554.27 million.
- This indicates a revenue disparity of approximately $5.725 billion between the two companies.
3. **Net Income**:
- CNQ's net income for the quarter was not disclosed, but considering its EPS and revenue, it can be inferred that CNQ had a significantly higher net income compared to Baytex.
- Baytex reported a net income of $152 million, which, although respectable, is significantly less than what CNQ likely achieved.
4. **Dividend Yield**:
- CNQ has a history of growing and sustaining its dividend for 25 years, with a remarkable 21% annual growth rate.
- Baytex also increased its quarterly dividend, but CNQ's dividend yield and growth trajectory are more impressive.
In summary, CNQ's earnings, as measured by EPS and revenue, are substantially higher than Baytex's in the same period. This indicates a stronger financial performance and market presence for CNQ. However, it's important to note that Baytex's earnings and revenue figures represent a significant portion of their own business and should not be underestimated. Investors should consider these comparisons when assessing the investment potential of each company.