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Cenovus Energy (CVE) Competitors

Cenovus Energy logo
C$16.75 +0.59 (+3.65%)
As of 04/17/2025 04:19 PM Eastern

CVE vs. CNQ, SU, IMO, ARX, OVV, HSE, VRN, COP, POU, 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), ARC Resources (ARX), Ovintiv (OVV), Husky Energy Inc. (HSE.TO) (HSE), Veren (VRN), Coro Mining (COP), Paramount Resources (POU), and Sandstorm Gold (SSL). These companies are all part of the "petroleum and natural gas" industry.

Cenovus Energy vs.

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

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

Canadian Natural Resources has lower revenue, but higher earnings 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
Cenovus EnergyC$54.87B0.56C$3.69BC$2.038.26
Canadian Natural ResourcesC$35.38B2.37C$7.52BC$3.6011.07

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
Cenovus Energy6.72% 12.67% 7.58%
Canadian Natural Resources 21.25%19.14%8.80%

Canadian Natural Resources received 55 more outperform votes than Cenovus Energy when rated by MarketBeat users. However, 58.69% of users gave Cenovus Energy an outperform vote while only 58.54% of users gave Canadian Natural Resources an outperform vote.

CompanyUnderperformOutperform
Cenovus EnergyOutperform Votes
709
58.69%
Underperform Votes
499
41.31%
Canadian Natural ResourcesOutperform Votes
764
58.54%
Underperform Votes
541
41.46%

In the previous week, Canadian Natural Resources had 1 more articles in the media than Cenovus Energy. MarketBeat recorded 16 mentions for Canadian Natural Resources and 15 mentions for Cenovus Energy. Canadian Natural Resources' average media sentiment score of 0.92 beat Cenovus Energy's score of 0.37 indicating that Canadian Natural Resources is being referred to more favorably in the news media.

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

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

Cenovus Energy currently has a consensus price target of C$28.35, suggesting a potential upside of 69.25%. Canadian Natural Resources has a consensus price target of C$59.62, suggesting a potential upside of 49.49%. Given Cenovus Energy's stronger consensus rating and higher probable upside, research analysts plainly believe Cenovus Energy is more favorable than Canadian Natural Resources.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Cenovus Energy
0 Sell rating(s)
2 Hold rating(s)
8 Buy rating(s)
1 Strong Buy rating(s)
2.91
Canadian Natural Resources
0 Sell rating(s)
5 Hold rating(s)
10 Buy rating(s)
1 Strong Buy rating(s)
2.75

Cenovus Energy pays an annual dividend of C$0.72 per share and has a dividend yield of 4.3%. Canadian Natural Resources pays an annual dividend of C$2.14 per share and has a dividend yield of 5.4%. Cenovus Energy pays out 35.5% of its earnings in the form of a dividend. Canadian Natural Resources pays out 59.4% 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.

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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$30.51BC$57.16BC$6.95BC$5.50B
Dividend Yield3.74%5.88%11.02%6.84%
P/E Ratio8.265.9744.3530.43
Price / Sales0.5611.4219,424.76565.90
Price / Cash13.715.7035.3882.93
Price / Book1.051.793.393.52
Net IncomeC$3.69BC$231.25BC$4.27BC$299.64M
7 Day Performance8.06%1.69%4.95%6.13%
1 Month Performance-13.88%-9.25%-6.64%-2.61%
1 Year Performance-41.35%-9.46%144.30%11.60%

Cenovus Energy Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
CVE
Cenovus Energy
4.6747 of 5 stars
C$16.75
+3.7%
C$28.35
+69.3%
-41.4%C$30.51BC$54.87B8.266,000Analyst Forecast
Gap Up
CNQ
Canadian Natural Resources
4.5713 of 5 stars
C$38.38
+1.7%
C$60.38
+57.3%
-62.5%C$80.55BC$35.38B10.6610,272Analyst Forecast
SU
Suncor Energy
4.3913 of 5 stars
C$46.41
-0.1%
C$63.04
+35.8%
-8.4%C$58.21BC$52.29B7.3316,600Analyst Forecast
IMO
Imperial Oil
3.2014 of 5 stars
C$86.23
-0.6%
C$105.67
+22.5%
-7.4%C$45.02BC$48.47B9.265,300Analyst Forecast
News Coverage
Gap Up
ARX
ARC Resources
2.3442 of 5 stars
C$25.41
+1.4%
C$32.58
+28.2%
+9.8%C$14.96BC$5.31B13.40438Analyst Forecast
Gap Up
OVV
Ovintiv
3.6046 of 5 stars
C$44.93
-1.3%
C$68.00
+51.3%
-34.2%C$8.17BC$6.82B4.121,740Gap Up
HSE
Husky Energy Inc. (HSE.TO)
N/AN/AN/AN/AC$6.79BC$14.69B-0.594,802
VRN
Veren
N/AC$8.08
+1.4%
C$11.74
+45.2%
N/AC$4.95BC$3.83B4.60777News Coverage
Gap Up
COP
Coro Mining
N/AN/AN/AN/AC$2.41BN/A-6.009,500Gap Up
POU
Paramount Resources
4.2102 of 5 stars
C$16.02
+0.5%
C$26.88
+67.8%
-41.3%C$2.39BC$1.93B6.56579Dividend Announcement
Ex-Dividend
SSL
Sandstorm Gold
1.0167 of 5 stars
C$11.26
+2.6%
C$10.32
-8.3%
+57.5%C$2.36BC$108.71M74.9228,600Dividend Announcement
Analyst Forecast
Gap Down

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This page (TSE:CVE) was last updated on 4/18/2025 by MarketBeat.com Staff
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