SU vs. CVE, IMO, TRP, ENB, CCO, PPL, CNQ, TOU, OVV, and ARX
Should you be buying Suncor Energy stock or one of its competitors? The main competitors of Suncor Energy include Cenovus Energy (CVE), Imperial Oil (IMO), TC Energy (TRP), Enbridge (ENB), Cameco (CCO), Pembina Pipeline (PPL), Canadian Natural Resources (CNQ), Tourmaline Oil (TOU), Ovintiv (OVV), and ARC Resources (ARX). These companies are all part of the "energy" sector.
Suncor Energy (TSE:SU) and Cenovus Energy (TSE:CVE) are both large-cap energy companies, but which is the better business? We will contrast the two companies based on the strength of their valuation, profitability, risk, community ranking, media sentiment, analyst recommendations, dividends, earnings and institutional ownership.
Suncor Energy has a net margin of 15.85% compared to Cenovus Energy's net margin of 8.72%. Suncor Energy's return on equity of 18.64% beat Cenovus Energy's return on equity.
Suncor Energy has higher earnings, but lower revenue than Cenovus Energy. Suncor Energy is trading at a lower price-to-earnings ratio than Cenovus Energy, indicating that it is currently the more affordable of the two stocks.
72.9% of Suncor Energy shares are owned by institutional investors. Comparatively, 55.4% of Cenovus Energy shares are owned by institutional investors. 0.0% of Suncor Energy shares are owned by insiders. Comparatively, 31.5% of Cenovus Energy shares are owned by insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a stock will outperform the market over the long term.
Suncor Energy has a beta of 1.5, meaning that its share price is 50% more volatile than the S&P 500. Comparatively, Cenovus Energy has a beta of 2.77, meaning that its share price is 177% more volatile than the S&P 500.
Suncor Energy pays an annual dividend of C$2.18 per share and has a dividend yield of 4.0%. Cenovus Energy pays an annual dividend of C$0.74 per share and has a dividend yield of 2.7%. Suncor Energy pays out 36.1% of its earnings in the form of a dividend. Cenovus Energy pays out 30.6% 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.
Suncor Energy currently has a consensus price target of C$58.08, indicating a potential upside of 6.43%. Cenovus Energy has a consensus price target of C$33.54, indicating a potential upside of 21.88%. Given Cenovus Energy's stronger consensus rating and higher possible upside, analysts clearly believe Cenovus Energy is more favorable than Suncor Energy.
In the previous week, Suncor Energy had 4 more articles in the media than Cenovus Energy. MarketBeat recorded 5 mentions for Suncor Energy and 1 mentions for Cenovus Energy. Suncor Energy's average media sentiment score of 0.77 beat Cenovus Energy's score of 0.55 indicating that Suncor Energy is being referred to more favorably in the media.
Suncor Energy received 35 more outperform votes than Cenovus Energy when rated by MarketBeat users. Likewise, 60.50% of users gave Suncor Energy an outperform vote while only 58.91% of users gave Cenovus Energy an outperform vote.
Summary
Suncor Energy beats Cenovus Energy on 11 of the 20 factors compared between the two stocks.
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This chart shows the number of new MarketBeat users adding SU and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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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