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Cenovus Energy (CVE) Competitors

Cenovus Energy logo
C$22.23 +0.40 (+1.83%)
(As of 11/14/2024 ET)

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

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), Sandstorm Gold (SSL), and Vermilion Energy (VET). 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 compare the two companies based on the strength of their valuation, analyst recommendations, risk, media sentiment, dividends, earnings, institutional ownership, community ranking 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 target price of C$74.31, indicating a potential upside of 55.30%. Cenovus Energy has a consensus target price of C$31.90, indicating a potential upside of 43.50%. Given Canadian Natural Resources' higher probable upside, equities research 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)
8 Hold rating(s)
7 Buy rating(s)
0 Strong Buy rating(s)
2.47
Cenovus Energy
0 Sell rating(s)
0 Hold rating(s)
9 Buy rating(s)
1 Strong Buy rating(s)
3.10

In the previous week, Cenovus Energy's average media sentiment score of 1.02 beat Canadian Natural Resources' score of 0.00 indicating that Cenovus Energy is being referred to more favorably in the news media.

Company Overall Sentiment
Canadian Natural Resources Neutral
Cenovus Energy Positive

77.8% of Canadian Natural Resources shares are held by institutional investors. Comparatively, 54.2% of Cenovus Energy shares are held by institutional investors. 4.3% of Canadian Natural Resources shares are held by company insiders. Comparatively, 32.0% of Cenovus Energy shares are held by company insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a stock is poised for long-term growth.

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 4.5%. Cenovus Energy pays an annual dividend of C$0.72 per share and has a dividend yield of 3.2%. 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.

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$36.74B2.77C$7.67BC$3.5113.63
Cenovus EnergyC$55.99B0.74C$4.75BC$2.518.86

Canadian Natural Resources received 56 more outperform votes than Cenovus Energy when rated by MarketBeat users. Likewise, 58.82% of users gave Canadian Natural Resources an outperform vote while only 58.81% of users gave Cenovus Energy an outperform vote.

CompanyUnderperformOutperform
Canadian Natural ResourcesOutperform Votes
757
58.82%
Underperform Votes
530
41.18%
Cenovus EnergyOutperform Votes
701
58.81%
Underperform Votes
491
41.19%

Summary

Canadian Natural Resources beats Cenovus Energy on 12 of the 20 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 {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$41.35BC$38.42BC$3.94BC$6.24B
Dividend Yield3.10%5.47%7.04%5.37%
P/E Ratio8.86118.9598.9326.36
Price / Sales0.7423.6716,491.971,400.68
Price / Cash13.715.4669.6884.70
Price / Book1.400.951.463.15
Net IncomeC$4.75BC$6.80BC$410.35MC$294.16M
7 Day Performance-1.85%-4.02%-1.25%-1.64%
1 Month Performance-9.45%-9.45%-2.71%0.33%
1 Year Performance-10.87%-7.39%-0.49%42.58%

Cenovus Energy Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
CVE
Cenovus Energy
4.4926 of 5 stars
C$22.23
+1.8%
C$31.90
+43.5%
-10.9%C$41.35BC$55.99B8.866,000Positive News
CNQ
Canadian Natural Resources
4.2293 of 5 stars
C$47.57
-1.4%
N/A-47.3%C$101.32BC$36.74B13.5510,272Positive News
SU
Suncor Energy
2.9228 of 5 stars
C$54.48
-0.7%
N/A+23.6%C$69.19BC$50.73B9.3616,600Analyst Forecast
News Coverage
Positive News
IMO
Imperial Oil
1.6653 of 5 stars
C$101.86
-0.7%
N/A+34.8%C$54.58BC$52.48B10.685,300Analyst Forecast
OVV
Ovintiv
2.3829 of 5 stars
C$60.07
+4.4%
N/A+1.4%C$15.84BC$10.30B6.151,740News Coverage
ARX
ARC Resources
3.0054 of 5 stars
C$24.86
-0.8%
N/A+17.1%C$14.82BC$5.25B12.88438Positive News
HSE
Husky Energy Inc. (HSE.TO)
N/AC$6.76
+5.1%
N/AN/AC$6.79BC$14.69B-0.594,802Positive News
POU
Paramount Resources
2.6709 of 5 stars
C$26.95
+0.5%
N/A+11.9%C$3.95BC$1.79B11.42579Dividend Announcement
News Coverage
Gap Up
BTE
Baytex Energy
3.4153 of 5 stars
C$4.15
-3.7%
N/A-23.2%C$3.34BC$3.43B-6.01220
SSL
Sandstorm Gold
3.9456 of 5 stars
C$8.01
-8.7%
N/A+21.0%C$2.38BC$170.01M57.2128,600Analyst Revision
Gap Down
High Trading Volume
VET
Vermilion Energy
2.7932 of 5 stars
C$13.72
-1.9%
N/A-23.6%C$2.14BC$1.81B-2.68720

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This page (TSE:CVE) was last updated on 11/15/2024 by MarketBeat.com Staff
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