Increasing Our Henry Hub Midcycle Price by $0.40 to $3.70 per mcf on Higher Demand Outlook
We have published an outlook on 2035 North American natural gas demand, which we see growing to 169 billion cubic feet per day.
We have published an outlook on 2035 North American natural gas demand, which we see growing to 169 billion cubic feet per day.
Condensate is a vital input to Canadian heavy oil production that is expected to grow. The Trans Mountain pipeline expansion has materially improved differentials for heavy crude by boosting access to global markets.
Tensions with the US and alternative supplies of heavy crude from Venezuela could cause production growth to stall.
|
Metric
|
ARX
|
WCP
|
CNQ
|
|---|---|---|---|
Price/Earnings (Normalized) | 11.79 | 13.91 | 13.84 |
Price/Book Value | 2.17 | 1.90 | 3.17 |
Price/Sales | 2.49 | 2.67 | 2.84 |
Price/Cash Flow | 5.65 | 5.29 | 8.13 |
|
Metric
|
ARX
|
WCP
|
CNQ
|
|---|---|---|---|
Quick Ratio | 0.67 | 0.49 | 0.70 |
Current Ratio | 0.88 | 0.56 | 1.00 |
Interest Coverage | 10.76 | 11.29 | 17.73 |
|
Metric
|
ARX
|
WCP
|
CNQ
|
|---|---|---|---|
Return on Assets (Normalized) | 10.05% | 8.40% | 11.61% |
Return on Equity (Normalized) | 18.18% | 14.62% | 24.19% |
Return on Invested Capital (Normalized) | 13.82% | 12.11% | 18.70% |
|
1-Day Chart
|
Name
|
Price
|
Morningstar Rating for Stocks
|
Capital Allocation
|
Economic Moat
|
Market Cap
|
|---|---|---|---|---|---|---|
| ConocoPhillips
COP
| LOCK|k$htj#&N | LOCK|H&j@J | $161B | |||
| Canadian Natural Resources Ltd
CNQ
| LOCK|h@##p#% | LOCK|^?%j% | $104B | |||
| EOG Resources Inc
EOG
| LOCK|$%CqYMK | LOCK|D?Bhs | $76B | |||
| Occidental Petroleum Corp
OXY
| LOCK|L&> | LOCK|WC | $60B | |||
| Diamondback Energy Inc
FANG
| LOCK|>QtXVKx> | LOCK|GrFP | $56B | |||
| Devon Energy Corp
DVN
| LOCK|K??ts<t& | LOCK|^?<qV | $53B | |||
| EQT Corp
EQT
| LOCK|F<?$Jl< | LOCK|!< | $35B | |||
| Expand Energy Corp Ordinary Shares - New
EXE
| LOCK|#V#&##< | LOCK|<^ | $23B | |||
| Ovintiv Inc
OVV
| LOCK|$Gk^gn | LOCK|hfP | $18B | |||
| Antero Resources Corp
AR
| LOCK|L$?d?L | LOCK|#x | $12B |