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Cenovus Energy (CVE) Competitors

Cenovus Energy logo
$16.16 +0.11 (+0.69%)
(As of 11/20/2024 ET)

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

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

Cenovus Energy vs.

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

Cenovus Energy received 440 more outperform votes than Equinor ASA when rated by MarketBeat users. Likewise, 60.49% of users gave Cenovus Energy an outperform vote while only 55.38% of users gave Equinor ASA an outperform vote.

CompanyUnderperformOutperform
Equinor ASAOutperform Votes
206
55.38%
Underperform Votes
166
44.62%
Cenovus EnergyOutperform Votes
646
60.49%
Underperform Votes
422
39.51%

Equinor ASA has a net margin of 8.95% compared to Cenovus Energy's net margin of 6.72%. Equinor ASA's return on equity of 19.97% beat Cenovus Energy's return on equity.

Company Net Margins Return on Equity Return on Assets
Equinor ASA8.95% 19.97% 6.78%
Cenovus Energy 6.72%12.88%6.80%

Equinor ASA has a beta of 0.84, meaning that its stock price is 16% less volatile than the S&P 500. Comparatively, Cenovus Energy has a beta of 2.05, meaning that its stock price is 105% more volatile than the S&P 500.

In the previous week, Equinor ASA had 12 more articles in the media than Cenovus Energy. MarketBeat recorded 21 mentions for Equinor ASA and 9 mentions for Cenovus Energy. Cenovus Energy's average media sentiment score of 1.13 beat Equinor ASA's score of 0.69 indicating that Cenovus Energy is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Equinor ASA
6 Very Positive mention(s)
3 Positive mention(s)
9 Neutral mention(s)
2 Negative mention(s)
0 Very Negative mention(s)
Positive
Cenovus Energy
7 Very Positive mention(s)
1 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

5.5% of Equinor ASA shares are owned by institutional investors. Comparatively, 51.2% of Cenovus Energy shares are owned by institutional investors. 0.0% of Equinor ASA shares are owned by company insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a company is poised for long-term growth.

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

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Equinor ASA$107.17B0.64$11.89B$3.267.53
Cenovus Energy$38.67B0.76$3.04B$1.4511.15

Equinor ASA currently has a consensus price target of $26.90, suggesting a potential upside of 9.59%. Cenovus Energy has a consensus price target of $30.00, suggesting a potential upside of 85.59%. Given Cenovus Energy's stronger consensus rating and higher possible upside, analysts clearly believe Cenovus Energy is more favorable than Equinor ASA.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Equinor ASA
2 Sell rating(s)
6 Hold rating(s)
2 Buy rating(s)
0 Strong Buy rating(s)
2.00
Cenovus Energy
0 Sell rating(s)
1 Hold rating(s)
5 Buy rating(s)
0 Strong Buy rating(s)
2.83

Equinor ASA pays an annual dividend of $1.17 per share and has a dividend yield of 4.8%. Cenovus Energy pays an annual dividend of $0.53 per share and has a dividend yield of 3.3%. Equinor ASA pays out 35.9% of its earnings in the form of a dividend. Cenovus Energy pays out 36.6% of its earnings in the form of a dividend. Both companies have healthy payout ratios and should be able to cover their dividend payments with earnings for the next several years. Equinor ASA is clearly the better dividend stock, given its higher yield and lower payout ratio.

Summary

Cenovus Energy beats Equinor ASA on 11 of the 20 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$29.53B$8.53B$8.45B$19.88B
Dividend Yield3.42%23.61%11.47%3.52%
P/E Ratio11.1511.7817.2942.95
Price / Sales0.766.04124.1719.18
Price / Cash4.517.0011.3417.86
Price / Book1.451.803.745.52
Net Income$3.04B$1.20B$952.17M$986.45M
7 Day Performance2.05%-0.01%0.36%0.45%
1 Month Performance-4.35%7.26%2.04%1.05%
1 Year Performance-9.99%-0.42%402.52%24.67%

Cenovus Energy Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
CVE
Cenovus Energy
4.4164 of 5 stars
$16.17
+0.7%
$30.00
+85.6%
-11.0%$29.53B$38.67B11.156,925Analyst Upgrade
Positive News
EQNR
Equinor ASA
1.3021 of 5 stars
$24.55
+3.7%
$26.90
+9.6%
-25.4%$66.11B$107.17B7.5323,000Analyst Upgrade
News Coverage
Gap Up
SU
Suncor Energy
4.4269 of 5 stars
$40.83
-0.4%
$56.40
+38.1%
+22.0%$51.56B$37.59B8.9014,906Analyst Upgrade
Analyst Revision
Positive News
PBA
Pembina Pipeline
4.0305 of 5 stars
$42.47
+0.1%
$56.50
+33.0%
+30.3%$24.63B$6.70B17.552,837
CTRA
Coterra Energy
4.7142 of 5 stars
$26.83
+2.1%
$32.41
+20.8%
+0.5%$19.76B$5.91B16.16894Analyst Revision
EC
Ecopetrol
2.2273 of 5 stars
$8.08
+0.4%
$8.50
+5.2%
-35.2%$16.55B$133.44T3.5619,657Analyst Upgrade
PR
Permian Resources
4.8373 of 5 stars
$15.45
+2.1%
$18.93
+22.5%
+16.1%$12.15B$3.12B9.36461Analyst Forecast
Analyst Revision
OVV
Ovintiv
4.5033 of 5 stars
$45.75
+2.6%
$56.71
+23.9%
+1.9%$11.61B$10.88B6.071,743Analyst Forecast
Analyst Revision
AR
Antero Resources
3.1444 of 5 stars
$33.19
+4.0%
$32.83
-1.1%
+31.6%$10.33B$4.68B237.07590
VNOM
Viper Energy
2.9976 of 5 stars
$54.01
+1.5%
$51.63
-4.4%
+76.9%$10.03B$827.70M23.18711Dividend Announcement
Analyst Forecast
Positive News
SUN
Sunoco
2.0499 of 5 stars
$53.47
-0.7%
$62.25
+16.4%
-0.2%$8.20B$23.07B12.292,389

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This page (NYSE:CVE) was last updated on 11/21/2024 by MarketBeat.com Staff
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