CVE vs. CNQ, SU, IMO, ARX, OVV, HSE, VRN, POU, SSL, and COP
Should you be buying Cenovus Energy stock or one of its competitors? The main competitors of Cenovus Energy include Canadian Natural Resources (CNQ), Suncor Energy (SU), Imperial Oil (IMO), ARC Resources (ARX), Ovintiv (OVV), Husky Energy Inc. (HSE.TO) (HSE), Veren (VRN), Paramount Resources (POU), Sandstorm Gold (SSL), and Coro Mining (COP). These companies are all part of the "petroleum and natural gas" industry.
Cenovus Energy vs. Its Competitors
Canadian Natural Resources (TSE:CNQ) and Cenovus Energy (TSE:CVE) are both large-cap energy companies, but which is the better investment? We will compare the two companies based on the strength of their risk, institutional ownership, profitability, earnings, dividends, media sentiment, valuation and analyst recommendations.
Canadian Natural Resources currently has a consensus price target of C$54.58, suggesting a potential upside of 24.70%. Cenovus Energy has a consensus price target of C$28.15, suggesting a potential upside of 46.92%. Given Cenovus Energy's stronger consensus rating and higher probable upside, analysts clearly believe Cenovus Energy is more favorable than Canadian Natural Resources.
Canadian Natural Resources has higher earnings, but lower revenue than Cenovus Energy. Cenovus Energy is trading at a lower price-to-earnings ratio than Canadian Natural Resources, indicating that it is currently the more affordable of the two stocks.
Canadian Natural Resources has a net margin of 21.25% compared to Cenovus Energy's net margin of 6.72%. Canadian Natural Resources' return on equity of 19.14% beat Cenovus Energy's return on equity.
77.8% of Canadian Natural Resources shares are owned by institutional investors. Comparatively, 54.2% of Cenovus Energy shares are owned by institutional investors. 4.3% of Canadian Natural Resources shares are owned by insiders. Comparatively, 32.0% of Cenovus Energy shares are owned by insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a stock will outperform the market over the long term.
Canadian Natural Resources pays an annual dividend of C$2.14 per share and has a dividend yield of 4.9%. Cenovus Energy pays an annual dividend of C$0.72 per share and has a dividend yield of 3.8%. Canadian Natural Resources pays out 59.4% of its earnings in the form of a dividend. Cenovus Energy pays out 35.5% 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.
In the previous week, Canadian Natural Resources had 8 more articles in the media than Cenovus Energy. MarketBeat recorded 9 mentions for Canadian Natural Resources and 1 mentions for Cenovus Energy. Cenovus Energy's average media sentiment score of 1.36 beat Canadian Natural Resources' score of 0.11 indicating that Cenovus Energy is being referred to more favorably in the news media.
Canadian Natural Resources has a beta of 1.89, meaning that its share price is 89% more volatile than the S&P 500. Comparatively, Cenovus Energy has a beta of 2.63, meaning that its share price is 163% more volatile than the S&P 500.
Summary
Canadian Natural Resources beats Cenovus Energy on 11 of the 18 factors compared between the two stocks.
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New MarketBeat Followers Over Time
This chart shows the number of new MarketBeat users adding CVE and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
Skip ChartMedia Sentiment Over Time
This chart shows the average media sentiment of TSE 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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This page (TSE:CVE) was last updated on 7/7/2025 by MarketBeat.com Staff