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Cenovus Energy (CVE) Competitors

Cenovus Energy logo
C$19.16 -0.04 (-0.21%)
As of 07/4/2025 04:00 PM Eastern

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.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Canadian Natural Resources
0 Sell rating(s)
5 Hold rating(s)
8 Buy rating(s)
1 Strong Buy rating(s)
2.71
Cenovus Energy
0 Sell rating(s)
3 Hold rating(s)
6 Buy rating(s)
1 Strong Buy rating(s)
2.80

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$35.38B2.60C$7.52BC$3.6012.15
Cenovus EnergyC$54.87B0.64C$3.69BC$2.039.44

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 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.

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

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.
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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$34.90BC$69.33BC$7.64BC$6.19B
Dividend Yield3.74%4.73%10.91%6.72%
P/E Ratio9.446.9761.5450.85
Price / Sales0.6413.5021,883.781,194.54
Price / Cash13.716.1335.0483.29
Price / Book1.202.023.394.69
Net IncomeC$3.69BC$257.08BC$4.21BC$301.20M
7 Day Performance2.46%2.62%1.85%2.29%
1 Month Performance3.34%4.56%4.39%4.22%
1 Year Performance-28.45%-3.12%103.20%26.94%

Cenovus Energy Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
CVE
Cenovus Energy
4.607 of 5 stars
C$19.16
-0.2%
C$28.15
+46.9%
-28.5%C$34.90BC$54.87B9.446,000
CNQ
Canadian Natural Resources
3.5778 of 5 stars
C$42.80
-0.7%
C$54.58
+27.5%
-10.8%C$89.82BC$35.38B11.8810,272
SU
Suncor Energy
4.2121 of 5 stars
C$51.01
-0.9%
C$62.67
+22.9%
+0.6%C$63.98BC$52.29B8.0516,600Positive News
IMO
Imperial Oil
1.6561 of 5 stars
C$108.18
-0.6%
C$103.78
-4.1%
+18.1%C$56.47BC$48.47B11.625,300Analyst Downgrade
ARX
ARC Resources
3.798 of 5 stars
C$28.71
-0.2%
C$33.17
+15.5%
+11.4%C$16.90BC$5.31B15.14438News Coverage
Dividend Announcement
Analyst Forecast
OVV
Ovintiv
N/AC$51.86
-1.5%
N/A-14.6%C$9.43BC$6.82B4.751,740Analyst Upgrade
HSE
Husky Energy Inc. (HSE.TO)
N/AN/AN/AN/AC$6.79BC$14.69B-0.594,802News Coverage
VRN
Veren
N/AN/AC$11.74
+∞
N/AC$5.60BC$3.83B5.20777
POU
Paramount Resources
3.5087 of 5 stars
C$21.67
-0.7%
C$23.67
+9.2%
-31.3%C$3.23BC$1.93B8.87579Dividend Announcement
SSL
Sandstorm Gold
1.3582 of 5 stars
C$12.81
+3.6%
C$11.92
-7.0%
+71.2%C$2.68BC$108.71M85.2428,600Positive News
Dividend Announcement
COP
Coro Mining
N/AN/AN/AN/AC$2.41BN/A-6.009,500Gap Up

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This page (TSE:CVE) was last updated on 7/7/2025 by MarketBeat.com Staff
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