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Cenovus Energy (CVE) Competitors

Cenovus Energy logo
C$21.27 +0.14 (+0.66%)
(As of 02:45 PM ET)

CVE vs. CNQ, SU, IMO, OVV, ARX, HSE, POU, BTE, COP, and SSL

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), Ovintiv (OVV), ARC Resources (ARX), Husky Energy Inc. (HSE.TO) (HSE), Paramount Resources (POU), Baytex Energy (BTE), Coro Mining (COP), and Sandstorm Gold (SSL). 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 investment? We will compare the two companies based on the strength of their dividends, media sentiment, valuation, community ranking, earnings, institutional ownership, analyst recommendations, risk and profitability.

Canadian Natural Resources has a net margin of 20.88% compared to Cenovus Energy's net margin of 8.54%. Canadian Natural Resources' return on equity of 19.65% beat Cenovus Energy's return on equity.

Company Net Margins Return on Equity Return on Assets
Canadian Natural Resources20.88% 19.65% 8.80%
Cenovus Energy 8.54%16.69%7.58%

Canadian Natural Resources currently has a consensus price target of C$71.94, suggesting a potential upside of 64.24%. Cenovus Energy has a consensus price target of C$31.50, suggesting a potential upside of 49.08%. Given Canadian Natural Resources' higher possible upside, 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)
7 Hold rating(s)
8 Buy rating(s)
0 Strong Buy rating(s)
2.53
Cenovus Energy
0 Sell rating(s)
0 Hold rating(s)
9 Buy rating(s)
0 Strong Buy rating(s)
3.00

Canadian Natural Resources received 57 more outperform votes than Cenovus Energy when rated by MarketBeat users. Likewise, 58.79% of users gave Canadian Natural Resources an outperform vote while only 58.74% of users gave Cenovus Energy an outperform vote.

CompanyUnderperformOutperform
Canadian Natural ResourcesOutperform Votes
759
58.79%
Underperform Votes
532
41.21%
Cenovus EnergyOutperform Votes
702
58.74%
Underperform Votes
493
41.26%

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

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$36.74B2.54C$7.67BC$3.5112.48
Cenovus EnergyC$55.99B0.70C$4.75BC$2.518.42

In the previous week, Cenovus Energy had 6 more articles in the media than Canadian Natural Resources. MarketBeat recorded 16 mentions for Cenovus Energy and 10 mentions for Canadian Natural Resources. Canadian Natural Resources' average media sentiment score of 0.84 beat Cenovus Energy's score of 0.81 indicating that Canadian Natural Resources is being referred to more favorably in the media.

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

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 company insiders. Comparatively, 32.0% of Cenovus Energy shares are owned by company insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a company 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 3.4%. Canadian Natural Resources pays out 61.0% of its earnings in the form of a dividend. Cenovus Energy pays out 28.7% 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.

Summary

Canadian Natural Resources beats Cenovus Energy on 13 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 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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CVE vs. The Competition

MetricCenovus EnergyOil & Gas Integrated IndustryEnergy SectorTSE Exchange
Market CapC$39.30BC$33.74BC$3.57BC$5.60B
Dividend Yield3.10%5.47%7.26%5.74%
P/E Ratio8.42118.25108.8427.97
Price / Sales0.7021.5615,052.431,241.45
Price / Cash13.715.4665.4278.34
Price / Book1.330.851.433.39
Net IncomeC$4.75BC$6.80BC$389.99MC$292.98M
7 Day Performance-2.67%0.28%-1.76%-2.14%
1 Month Performance-5.75%10.54%-1.69%1.97%
1 Year Performance-3.78%1.61%16.23%36.81%

Cenovus Energy Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
CVE
Cenovus Energy
4.5742 of 5 stars
C$21.27
+0.7%
C$31.50
+48.1%
-2.9%C$39.56BC$55.99B8.476,000Dividend Announcement
CNQ
Canadian Natural Resources
4.7476 of 5 stars
C$43.66
-2.5%
C$71.94
+64.8%
-47.5%C$93.00BC$36.74B12.4410,272Analyst Upgrade
SU
Suncor Energy
3.528 of 5 stars
C$51.38
-1.9%
C$62.75
+22.1%
+24.1%C$65.25BC$50.73B9.0016,600
IMO
Imperial Oil
3.496 of 5 stars
C$94.25
-1.8%
C$103.90
+10.2%
+27.3%C$50.50BC$52.48B10.065,300Analyst Revision
OVV
Ovintiv
1.7153 of 5 stars
C$56.90
-1.4%
C$58.50
+2.8%
-3.5%C$15.00BC$10.30B5.901,740Dividend Cut
News Coverage
Negative News
ARX
ARC Resources
3.8259 of 5 stars
C$25.15
-2.2%
C$31.19
+24.0%
+27.2%C$14.99BC$5.25B13.02438Dividend Increase
Analyst Forecast
News Coverage
HSE
Husky Energy Inc. (HSE.TO)
N/AC$6.76
+5.1%
N/AN/AC$6.79BC$14.69B-0.594,802
POU
Paramount Resources
4.2126 of 5 stars
C$29.85
-1.6%
C$37.60
+26.0%
+15.2%C$4.38BC$1.79B12.62579Dividend Announcement
Analyst Forecast
BTE
Baytex Energy
3.7132 of 5 stars
C$3.40
-4.8%
C$5.97
+75.5%
-23.4%C$2.74BC$3.43B-5.03220Dividend Announcement
COP
Coro Mining
N/AN/AN/AN/AC$2.41BN/A-6.009,500Gap Up
SSL
Sandstorm Gold
3.8833 of 5 stars
C$7.96
-0.5%
C$10.35
+30.0%
+23.1%C$2.37BC$170.01M56.8628,600

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This page (TSE:CVE) was last updated on 12/18/2024 by MarketBeat.com Staff
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