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 business? We will compare the two businesses based on the strength of their analyst recommendations, risk, media sentiment, earnings, institutional ownership, community ranking, valuation, dividends and profitability.
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.
Canadian Natural Resources currently has a consensus target price of C$71.88, indicating a potential upside of 59.69%. Cenovus Energy has a consensus target price of C$30.67, indicating a potential upside of 40.87%. Given Canadian Natural Resources' higher probable upside, equities research analysts plainly believe Canadian Natural Resources is more favorable than Cenovus Energy.
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.
Canadian Natural Resources received 55 more outperform votes than Cenovus Energy when rated by MarketBeat users. However, 58.76% of users gave Cenovus Energy an outperform vote while only 58.75% of users gave Canadian Natural Resources an outperform vote.
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 3.3%. 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.
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.
In the previous week, Canadian Natural Resources had 14 more articles in the media than Cenovus Energy. MarketBeat recorded 20 mentions for Canadian Natural Resources and 6 mentions for Cenovus Energy. Cenovus Energy's average media sentiment score of 1.00 beat Canadian Natural Resources' score of 0.91 indicating that Cenovus Energy is being referred to more favorably in the news media.
Summary
Canadian Natural Resources beats Cenovus Energy on 12 of the 19 factors compared between the two stocks.
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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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This page (TSE:CVE) was last updated on 1/18/2025 by MarketBeat.com Staff