Free Trial

Cenovus Energy (CVE) Competitors

Cenovus Energy logo
C$20.16 -0.16 (-0.79%)
As of 04:00 PM Eastern

CVE vs. CNQ, SU, IMO, ARX, OVV, HSE, VRN, POU, BTE, 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), Baytex Energy (BTE), and Coro Mining (COP). These companies are all part of the "petroleum and natural gas" industry.

Cenovus Energy vs.

Canadian Natural Resources (TSE:CNQ) and Cenovus Energy (TSE:CVE) are both large-cap energy companies, but which is the superior business? We will contrast the two companies based on the strength of their analyst recommendations, risk, earnings, dividends, media sentiment, institutional ownership, valuation, community ranking and profitability.

Canadian Natural Resources has a beta of 1.89, indicating that its share price is 89% more volatile than the S&P 500. Comparatively, Cenovus Energy has a beta of 2.63, indicating that its share price is 163% more volatile than the S&P 500.

Canadian Natural Resources pays an annual dividend of C$2.14 per share and has a dividend yield of 4.8%. Cenovus Energy pays an annual dividend of C$0.72 per share and has a dividend yield of 3.6%. 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.

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.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Canadian Natural ResourcesC$35.38B2.64C$7.52BC$3.6012.34
Cenovus EnergyC$54.87B0.67C$3.69BC$2.039.96

Canadian Natural Resources received 55 more outperform votes than Cenovus Energy when rated by MarketBeat users. However, 58.67% of users gave Cenovus Energy an outperform vote while only 58.57% of users gave Canadian Natural Resources an outperform vote.

CompanyUnderperformOutperform
Canadian Natural ResourcesOutperform Votes
762
58.57%
Underperform Votes
539
41.43%
Cenovus EnergyOutperform Votes
707
58.67%
Underperform Votes
498
41.33%

In the previous week, Canadian Natural Resources had 6 more articles in the media than Cenovus Energy. MarketBeat recorded 7 mentions for Canadian Natural Resources and 1 mentions for Cenovus Energy. Cenovus Energy's average media sentiment score of 1.74 beat Canadian Natural Resources' score of 0.68 indicating that Cenovus Energy is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Canadian Natural Resources
3 Very Positive mention(s)
3 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Cenovus Energy
0 Very Positive mention(s)
1 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Very Positive

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.

Company Net Margins Return on Equity Return on Assets
Canadian Natural Resources21.25% 19.14% 8.80%
Cenovus Energy 6.72%12.67%7.58%

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 endowments, hedge funds and large money managers believe a company will outperform the market over the long term.

Canadian Natural Resources presently has a consensus price target of C$68.53, indicating a potential upside of 54.22%. Cenovus Energy has a consensus price target of C$29.89, indicating a potential upside of 47.96%. Given Canadian Natural Resources' higher possible upside, equities analysts clearly believe Canadian Natural Resources is more favorable than Cenovus Energy.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Canadian Natural Resources
0 Sell rating(s)
5 Hold rating(s)
9 Buy rating(s)
1 Strong Buy rating(s)
2.73
Cenovus Energy
0 Sell rating(s)
2 Hold rating(s)
7 Buy rating(s)
1 Strong Buy rating(s)
2.90

Summary

Canadian Natural Resources beats Cenovus Energy on 13 of the 20 factors compared between the two stocks.

Remove Ads
Get Cenovus Energy News Delivered to You Automatically

Sign up to receive the latest news and ratings for CVE and its competitors with MarketBeat's FREE daily newsletter.

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.
Skip Chart

Media 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.
Skip Chart

CVE vs. The Competition

MetricCenovus EnergyOil & Gas Integrated IndustryEnergy SectorTSE Exchange
Market CapC$36.80BC$67.09BC$7.73BC$5.70B
Dividend Yield3.74%5.88%10.65%6.83%
P/E Ratio9.967.1447.4130.72
Price / Sales0.6713.5021,026.74529.57
Price / Cash13.715.7035.2883.07
Price / Book1.261.843.703.65
Net IncomeC$3.69BC$231.25BC$4.27BC$299.79M
7 Day Performance0.50%-0.96%0.68%-0.26%
1 Month Performance1.87%2.26%0.54%1.42%
1 Year Performance-24.99%1.03%169.97%28.57%

Cenovus Energy Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
CVE
Cenovus Energy
4.5224 of 5 stars
C$20.16
-0.8%
C$29.89
+48.3%
-24.8%C$36.72BC$54.87B9.946,000Positive News
CNQ
Canadian Natural Resources
4.7468 of 5 stars
C$44.12
+1.5%
C$68.53
+55.3%
-56.2%C$92.59BC$35.38B12.2510,272Insider Trade
SU
Suncor Energy
3.9856 of 5 stars
C$54.74
+1.9%
C$62.96
+15.0%
+12.2%C$68.66BC$52.29B8.6416,600
IMO
Imperial Oil
2.1117 of 5 stars
C$104.36
+2.1%
C$105.67
+1.3%
+12.2%C$54.48BC$48.47B11.215,300Analyst Downgrade
News Coverage
ARX
ARC Resources
2.5721 of 5 stars
C$28.31
+0.9%
C$32.29
+14.1%
+22.3%C$16.66BC$5.31B14.93438Analyst Forecast
OVV
Ovintiv
2.5285 of 5 stars
C$61.04
+2.4%
C$68.00
+11.4%
-9.7%C$11.10BC$6.82B5.601,740Analyst Upgrade
News Coverage
HSE
Husky Energy Inc. (HSE.TO)
N/AN/AN/AN/AC$6.79BC$14.69B-0.594,802
VRN
Veren
N/AC$9.55
+0.3%
C$11.74
+22.9%
N/AC$5.85BC$3.83B5.44777
POU
Paramount Resources
4.0294 of 5 stars
C$17.84
+1.9%
C$28.21
+58.2%
-32.0%C$2.66BC$1.93B7.30579
BTE
Baytex Energy
3.3676 of 5 stars
C$3.17
+1.0%
C$5.59
+76.3%
-31.0%C$2.50BC$3.33B-7.22220Positive News
COP
Coro Mining
N/AN/AN/AN/AC$2.41BN/A-6.009,500Gap Up
Remove Ads

Related Companies and Tools


This page (TSE:CVE) was last updated on 3/27/2025 by MarketBeat.com Staff
From Our Partners