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Cenovus Energy (CVE) Competitors

Cenovus Energy logo
$14.42 +0.07 (+0.49%)
(As of 12/20/2024 05:40 PM ET)

CVE vs. BP, EQNR, SU, PBA, CTRA, EC, PR, OVV, AR, and VNOM

Should you be buying Cenovus Energy stock or one of its competitors? The main competitors of Cenovus Energy include BP (BP), Equinor ASA (EQNR), Suncor Energy (SU), Pembina Pipeline (PBA), Coterra Energy (CTRA), Ecopetrol (EC), Permian Resources (PR), Ovintiv (OVV), Antero Resources (AR), and Viper Energy (VNOM). These companies are all part of the "petroleum and natural gas" industry.

Cenovus Energy vs.

BP (NYSE:BP) and Cenovus Energy (NYSE:CVE) are both large-cap oils/energy companies, but which is the better investment? We will compare the two companies based on the strength of their risk, community ranking, institutional ownership, profitability, earnings, valuation, media sentiment, analyst recommendations and dividends.

11.0% of BP shares are held by institutional investors. Comparatively, 51.2% of Cenovus Energy shares are held by institutional investors. 1.0% of BP shares are held by company insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a stock is poised for long-term growth.

Cenovus Energy has a net margin of 6.72% compared to BP's net margin of 1.36%. BP's return on equity of 12.91% beat Cenovus Energy's return on equity.

Company Net Margins Return on Equity Return on Assets
BP1.36% 12.91% 3.91%
Cenovus Energy 6.72%12.88%6.80%

BP presently has a consensus price target of $41.10, indicating a potential upside of 43.71%. Cenovus Energy has a consensus price target of $30.00, indicating a potential upside of 108.04%. Given Cenovus Energy's stronger consensus rating and higher possible upside, analysts plainly believe Cenovus Energy is more favorable than BP.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
BP
0 Sell rating(s)
11 Hold rating(s)
4 Buy rating(s)
4 Strong Buy rating(s)
2.63
Cenovus Energy
0 Sell rating(s)
1 Hold rating(s)
5 Buy rating(s)
0 Strong Buy rating(s)
2.83

BP has higher revenue and earnings than Cenovus Energy. Cenovus Energy is trading at a lower price-to-earnings ratio than BP, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
BP$195.57B0.39$15.24B$0.9530.11
Cenovus Energy$58.94B0.45$3.04B$1.459.94

BP received 551 more outperform votes than Cenovus Energy when rated by MarketBeat users. Likewise, 67.51% of users gave BP an outperform vote while only 60.32% of users gave Cenovus Energy an outperform vote.

CompanyUnderperformOutperform
BPOutperform Votes
1197
67.51%
Underperform Votes
576
32.49%
Cenovus EnergyOutperform Votes
646
60.32%
Underperform Votes
425
39.68%

BP has a beta of 0.64, suggesting that its stock price is 36% less volatile than the S&P 500. Comparatively, Cenovus Energy has a beta of 2.02, suggesting that its stock price is 102% more volatile than the S&P 500.

BP pays an annual dividend of $1.90 per share and has a dividend yield of 6.6%. Cenovus Energy pays an annual dividend of $0.53 per share and has a dividend yield of 3.7%. BP pays out 200.0% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future. Cenovus Energy pays out 36.6% of its earnings in the form of a dividend.

In the previous week, BP had 9 more articles in the media than Cenovus Energy. MarketBeat recorded 20 mentions for BP and 11 mentions for Cenovus Energy. Cenovus Energy's average media sentiment score of 0.56 beat BP's score of 0.26 indicating that Cenovus Energy is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
BP
6 Very Positive mention(s)
2 Positive mention(s)
5 Neutral mention(s)
2 Negative mention(s)
0 Very Negative mention(s)
Neutral
Cenovus Energy
6 Very Positive mention(s)
0 Positive mention(s)
2 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Summary

Cenovus Energy beats BP on 11 of the 21 factors compared between the two stocks.

New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding {thisCompany.Symbol} and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of NYSE and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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CVE vs. The Competition

MetricCenovus EnergyCrude petroleum & natural gas IndustryEnergy SectorNYSE Exchange
Market Cap$26.32B$7.85B$8.21B$19.18B
Dividend Yield3.50%23.60%11.67%3.59%
P/E Ratio9.9411.1712.1041.28
Price / Sales0.456.56109.2717.59
Price / Cash4.426.9410.8221.28
Price / Book1.291.723.335.32
Net Income$3.04B$1.20B$955.68M$989.88M
7 Day Performance-5.44%-4.74%-3.41%-3.54%
1 Month Performance-11.15%-9.16%-5.49%-3.68%
1 Year Performance-13.52%-6.10%1.57%12.14%

Cenovus Energy Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
CVE
Cenovus Energy
4.0589 of 5 stars
$14.42
+0.5%
$30.00
+108.0%
-12.7%$26.32B$58.94B9.946,925Analyst Downgrade
BP
BP
4.4511 of 5 stars
$29.05
-3.1%
$42.48
+46.2%
-18.3%$78.06B$195.57B31.5687,800Analyst Forecast
Analyst Revision
EQNR
Equinor ASA
3.8471 of 5 stars
$22.43
-3.3%
$26.90
+19.9%
-28.3%$62.64B$107.17B7.1123,000Analyst Upgrade
Gap Down
SU
Suncor Energy
3.8477 of 5 stars
$36.10
-1.8%
$56.40
+56.2%
+8.6%$45.42B$54.81B7.8814,906Analyst Forecast
Positive News
PBA
Pembina Pipeline
3.2933 of 5 stars
$37.42
-1.2%
$56.50
+51.0%
+8.2%$21.72B$6.70B15.852,837Analyst Downgrade
CTRA
Coterra Energy
4.7687 of 5 stars
$24.84
-1.9%
$32.65
+31.4%
-6.1%$18.30B$5.66B15.26894Analyst Forecast
Positive News
EC
Ecopetrol
1.9522 of 5 stars
$8.01
-2.6%
$8.50
+6.1%
-34.9%$16.47B$133.44T3.5619,657
PR
Permian Resources
4.9248 of 5 stars
$14.25
-2.9%
$18.93
+32.9%
+3.0%$11.45B$3.12B8.90461Analyst Forecast
OVV
Ovintiv
4.7326 of 5 stars
$39.89
-1.5%
$56.59
+41.9%
-12.8%$10.38B$10.88B5.371,743Analyst Forecast
AR
Antero Resources
3.6306 of 5 stars
$31.71
-2.0%
$34.33
+8.3%
+42.4%$9.87B$4.08B227.14590Analyst Upgrade
Options Volume
VNOM
Viper Energy
3.5892 of 5 stars
$51.24
+0.1%
$58.27
+13.7%
+50.5%$9.65B$835.80M21.97711Analyst Forecast

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This page (NYSE:CVE) was last updated on 12/21/2024 by MarketBeat.com Staff
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