CVX or CNQ: Which Energy Giant Looks Stronger Right Now?

Key Takeaways CNQ posts record output and resilient margins while CVX contends with weaker crude and operational pressures.CVX faces declining liquid realizations, China demand uncertainty, and higher operating costs.CNQ benefits from low-decline oil sands, lower costs, strong balance sheet, and rising EPS estimates.Canadian Natural Resources Limited ((CNQ) and Chevron Corporation ((CVX) sit on opposite sides of North America, yet both are central players in global oil markets. They share a common identity ...