Free Trial

Cenovus Energy (CVE) Competitors

Cenovus Energy logo
$31.49 -0.91 (-2.81%)
Closing price 10/5/2026 03:59 PM Eastern
Extended Trading
$31.47 -0.02 (-0.05%)
As of 10/5/2026 07:58 PM Eastern
Extended trading is trading that happens on electronic markets outside of regular trading hours. This is a fair market value extended hours price provided by Massive. Learn more.

CVE vs. CHRD, FANG, BTE, CNQ, and DVN

Should you buy Cenovus Energy stock or one of its competitors? Cenovus Energy's main competitors and comparable companies include Chord Energy (CHRD), Diamondback Energy (FANG), Baytex Energy (BTE), Canadian Natural Resources (CNQ), and Devon Energy (DVN). Companies are selected based on similarities in market, industry, and size. These companies are all part of the "oil, gas & consumable fuels" industry.

How does Cenovus Energy compare to Chord Energy?

Chord Energy (NASDAQ:CHRD) and Cenovus Energy (NYSE:CVE) are both energy companies, but which is the superior business? We will compare the two businesses based on the strength of their profitability, media sentiment, dividends, institutional ownership, analyst recommendations, valuation, earnings and risk.

Chord Energy has a beta of 0.59, suggesting that its stock price is 41% less volatile than the broader market. Comparatively, Cenovus Energy has a beta of 0.46, suggesting that its stock price is 54% less volatile than the broader market.

Chord Energy pays an annual dividend of $5.20 per share and has a dividend yield of 3.7%. Cenovus Energy pays an annual dividend of $0.64 per share and has a dividend yield of 2.0%. Chord Energy pays out 34.9% of its earnings in the form of a dividend. Cenovus Energy pays out 24.6% 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. Chord Energy has increased its dividend for 1 consecutive years and Cenovus Energy has increased its dividend for 4 consecutive years.

In the previous week, Cenovus Energy had 13 more articles in the media than Chord Energy. MarketBeat recorded 15 mentions for Cenovus Energy and 2 mentions for Chord Energy. Cenovus Energy's average media sentiment score of 0.78 beat Chord Energy's score of 0.52 indicating that Cenovus Energy is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Chord Energy
0 Very Positive mention(s)
1 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Cenovus Energy
7 Very Positive mention(s)
3 Positive mention(s)
3 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Positive

Chord Energy has a net margin of 13.42% compared to Cenovus Energy's net margin of 12.37%. Cenovus Energy's return on equity of 21.08% beat Chord Energy's return on equity.

Company Net Margins Return on Equity Return on Assets
Chord Energy13.42% 10.18% 6.24%
Cenovus Energy 12.37%21.08%10.80%

Cenovus Energy has higher revenue and earnings than Chord Energy. Chord 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.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Chord Energy$4.88B1.56$44.46M$14.929.32
Cenovus Energy$35.57B1.61$2.81B$2.6012.11

Chord Energy presently has a consensus target price of $165.85, suggesting a potential upside of 19.22%. Cenovus Energy has a consensus target price of $39.00, suggesting a potential upside of 23.86%. Given Cenovus Energy's stronger consensus rating and higher probable upside, analysts plainly believe Cenovus Energy is more favorable than Chord Energy.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Chord Energy
0 Sell rating(s)
6 Hold rating(s)
11 Buy rating(s)
0 Strong Buy rating(s)
2.65
Cenovus Energy
0 Sell rating(s)
1 Hold rating(s)
12 Buy rating(s)
2 Strong Buy rating(s)
3.07

97.8% of Chord Energy shares are owned by institutional investors. Comparatively, 51.2% of Cenovus Energy shares are owned by institutional investors. 0.8% of Chord Energy shares are owned by company 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.

Summary

Cenovus Energy beats Chord Energy on 14 of the 20 factors compared between the two stocks.

How does Cenovus Energy compare to Diamondback Energy?

Diamondback Energy (NASDAQ:FANG) and Cenovus Energy (NYSE:CVE) are both large-cap energy companies, but which is the better stock? We will compare the two companies based on the strength of their institutional ownership, media sentiment, dividends, earnings, risk, analyst recommendations, profitability and valuation.

Diamondback Energy presently has a consensus target price of $226.33, indicating a potential upside of 22.95%. Cenovus Energy has a consensus target price of $39.00, indicating a potential upside of 23.86%. Given Cenovus Energy's stronger consensus rating and higher probable upside, analysts plainly believe Cenovus Energy is more favorable than Diamondback Energy.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Diamondback Energy
0 Sell rating(s)
5 Hold rating(s)
16 Buy rating(s)
4 Strong Buy rating(s)
2.96
Cenovus Energy
0 Sell rating(s)
1 Hold rating(s)
12 Buy rating(s)
2 Strong Buy rating(s)
3.07

Diamondback Energy pays an annual dividend of $4.40 per share and has a dividend yield of 2.4%. Cenovus Energy pays an annual dividend of $0.64 per share and has a dividend yield of 2.0%. Diamondback Energy pays out 85.8% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future. Cenovus Energy pays out 24.6% of its earnings in the form of a dividend. Diamondback Energy has raised its dividend for 7 consecutive years and Cenovus Energy has raised its dividend for 4 consecutive years. Diamondback Energy is clearly the better dividend stock, given its higher yield and longer track record of dividend growth.

Diamondback Energy has a beta of 0.55, suggesting that its share price is 45% less volatile than the broader market. Comparatively, Cenovus Energy has a beta of 0.46, suggesting that its share price is 54% less volatile than the broader market.

In the previous week, Cenovus Energy had 5 more articles in the media than Diamondback Energy. MarketBeat recorded 15 mentions for Cenovus Energy and 10 mentions for Diamondback Energy. Cenovus Energy's average media sentiment score of 0.78 beat Diamondback Energy's score of 0.76 indicating that Cenovus Energy is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Diamondback Energy
4 Very Positive mention(s)
3 Positive mention(s)
2 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Positive
Cenovus Energy
7 Very Positive mention(s)
3 Positive mention(s)
3 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Positive

Cenovus Energy has higher revenue and earnings than Diamondback Energy. Cenovus Energy is trading at a lower price-to-earnings ratio than Diamondback Energy, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Diamondback Energy$15.03B3.43$1.66B$5.1335.88
Cenovus Energy$35.57B1.61$2.81B$2.6012.11

Cenovus Energy has a net margin of 12.37% compared to Diamondback Energy's net margin of 8.58%. Cenovus Energy's return on equity of 21.08% beat Diamondback Energy's return on equity.

Company Net Margins Return on Equity Return on Assets
Diamondback Energy8.58% 10.10% 6.16%
Cenovus Energy 12.37%21.08%10.80%

90.0% of Diamondback Energy shares are held by institutional investors. Comparatively, 51.2% of Cenovus Energy shares are held by institutional investors. 0.6% of Diamondback Energy shares are held by company insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a stock will outperform the market over the long term.

Summary

Diamondback Energy and Cenovus Energy tied by winning 10 of the 20 factors compared between the two stocks.

How does Cenovus Energy compare to Baytex Energy?

Baytex Energy (NYSE:BTE) and Cenovus Energy (NYSE:CVE) are both energy companies, but which is the superior stock? We will contrast the two businesses based on the strength of their risk, institutional ownership, dividends, profitability, media sentiment, analyst recommendations, earnings and valuation.

Baytex Energy has a beta of 0.4, indicating that its share price is 60% less volatile than the broader market. Comparatively, Cenovus Energy has a beta of 0.46, indicating that its share price is 54% less volatile than the broader market.

Cenovus Energy has a net margin of 12.37% compared to Baytex Energy's net margin of -26.43%. Cenovus Energy's return on equity of 21.08% beat Baytex Energy's return on equity.

Company Net Margins Return on Equity Return on Assets
Baytex Energy-26.43% -7.77% -4.86%
Cenovus Energy 12.37%21.08%10.80%

Baytex Energy pays an annual dividend of $0.06 per share and has a dividend yield of 1.3%. Cenovus Energy pays an annual dividend of $0.64 per share and has a dividend yield of 2.0%. Baytex Energy pays out -9.0% of its earnings in the form of a dividend. Cenovus Energy pays out 24.6% 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. Cenovus Energy has increased its dividend for 4 consecutive years. Cenovus Energy is clearly the better dividend stock, given its higher yield and longer track record of dividend growth.

Cenovus Energy has a consensus price target of $39.00, indicating a potential upside of 23.86%. Given Cenovus Energy's stronger consensus rating and higher probable upside, analysts plainly believe Cenovus Energy is more favorable than Baytex Energy.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Baytex Energy
1 Sell rating(s)
6 Hold rating(s)
2 Buy rating(s)
2 Strong Buy rating(s)
2.45
Cenovus Energy
0 Sell rating(s)
1 Hold rating(s)
12 Buy rating(s)
2 Strong Buy rating(s)
3.07

Cenovus Energy has higher revenue and earnings than Baytex Energy. Baytex 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.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Baytex Energy$2.56B1.26-$432.12M-$0.67N/A
Cenovus Energy$35.57B1.61$2.81B$2.6012.11

46.2% of Baytex Energy shares are held by institutional investors. Comparatively, 51.2% of Cenovus Energy shares are held by institutional investors. 0.8% of Baytex Energy shares are held by insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a company is poised for long-term growth.

In the previous week, Cenovus Energy had 12 more articles in the media than Baytex Energy. MarketBeat recorded 15 mentions for Cenovus Energy and 3 mentions for Baytex Energy. Baytex Energy's average media sentiment score of 0.94 beat Cenovus Energy's score of 0.78 indicating that Baytex Energy is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Baytex Energy
1 Very Positive mention(s)
2 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Cenovus Energy
7 Very Positive mention(s)
3 Positive mention(s)
3 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Positive

Summary

Cenovus Energy beats Baytex Energy on 16 of the 19 factors compared between the two stocks.

How does Cenovus Energy compare to Canadian Natural Resources?

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

74.0% of Canadian Natural Resources shares are held by institutional investors. Comparatively, 51.2% of Cenovus Energy shares are held by institutional investors. 5.0% of Canadian Natural Resources shares are held by insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a company is poised for long-term growth.

Canadian Natural Resources has a beta of 0.53, suggesting that its share price is 47% less volatile than the broader market. Comparatively, Cenovus Energy has a beta of 0.46, suggesting that its share price is 54% less volatile than the broader market.

Canadian Natural Resources presently has a consensus target price of $57.00, suggesting a potential upside of 17.89%. Cenovus Energy has a consensus target price of $39.00, suggesting a potential upside of 23.86%. 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)
7 Buy rating(s)
0 Strong Buy rating(s)
2.58
Cenovus Energy
0 Sell rating(s)
1 Hold rating(s)
12 Buy rating(s)
2 Strong Buy rating(s)
3.07

In the previous week, Cenovus Energy had 9 more articles in the media than Canadian Natural Resources. MarketBeat recorded 15 mentions for Cenovus Energy and 6 mentions for Canadian Natural Resources. Canadian Natural Resources' average media sentiment score of 0.85 beat Cenovus Energy's score of 0.78 indicating that Canadian Natural Resources is being referred to more favorably in the media.

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

Canadian Natural Resources has higher earnings, but lower revenue than Cenovus Energy. Canadian Natural Resources is trading at a lower price-to-earnings ratio than Cenovus Energy, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Canadian Natural Resources$31.61B3.14$7.74B$4.0511.94
Cenovus Energy$35.57B1.61$2.81B$2.6012.11

Canadian Natural Resources has a net margin of 22.78% compared to Cenovus Energy's net margin of 12.37%. Canadian Natural Resources' return on equity of 23.91% beat Cenovus Energy's return on equity.

Company Net Margins Return on Equity Return on Assets
Canadian Natural Resources22.78% 23.91% 11.45%
Cenovus Energy 12.37%21.08%10.80%

Canadian Natural Resources pays an annual dividend of $1.80 per share and has a dividend yield of 3.7%. Cenovus Energy pays an annual dividend of $0.64 per share and has a dividend yield of 2.0%. Canadian Natural Resources pays out 44.4% of its earnings in the form of a dividend. Cenovus Energy pays out 24.6% 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. Canadian Natural Resources has increased its dividend for 24 consecutive years and Cenovus Energy has increased its dividend for 4 consecutive years. Canadian Natural Resources is clearly the better dividend stock, given its higher yield and longer track record of dividend growth.

Summary

Canadian Natural Resources beats Cenovus Energy on 12 of the 20 factors compared between the two stocks.

How does Cenovus Energy compare to Devon Energy?

Devon Energy (NYSE:DVN) and Cenovus Energy (NYSE:CVE) are both large-cap energy companies, but which is the superior investment? We will contrast the two companies based on the strength of their media sentiment, dividends, analyst recommendations, valuation, profitability, institutional ownership, risk and earnings.

Devon Energy presently has a consensus price target of $60.11, suggesting a potential upside of 25.35%. Cenovus Energy has a consensus price target of $39.00, suggesting a potential upside of 23.86%. Given Devon Energy's higher possible upside, research analysts clearly believe Devon Energy is more favorable than Cenovus Energy.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Devon Energy
0 Sell rating(s)
5 Hold rating(s)
23 Buy rating(s)
2 Strong Buy rating(s)
2.90
Cenovus Energy
0 Sell rating(s)
1 Hold rating(s)
12 Buy rating(s)
2 Strong Buy rating(s)
3.07

In the previous week, Devon Energy had 1 more articles in the media than Cenovus Energy. MarketBeat recorded 16 mentions for Devon Energy and 15 mentions for Cenovus Energy. Devon Energy's average media sentiment score of 0.86 beat Cenovus Energy's score of 0.78 indicating that Devon Energy is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Devon Energy
9 Very Positive mention(s)
6 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Cenovus Energy
7 Very Positive mention(s)
3 Positive mention(s)
3 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Positive

Devon Energy has a beta of 0.49, suggesting that its share price is 51% less volatile than the broader market. Comparatively, Cenovus Energy has a beta of 0.46, suggesting that its share price is 54% less volatile than the broader market.

Devon Energy has a net margin of 16.67% compared to Cenovus Energy's net margin of 12.37%. Cenovus Energy's return on equity of 21.08% beat Devon Energy's return on equity.

Company Net Margins Return on Equity Return on Assets
Devon Energy16.67% 14.93% 7.91%
Cenovus Energy 12.37%21.08%10.80%

Devon Energy pays an annual dividend of $1.28 per share and has a dividend yield of 2.7%. Cenovus Energy pays an annual dividend of $0.64 per share and has a dividend yield of 2.0%. Devon Energy pays out 30.4% of its earnings in the form of a dividend. Cenovus Energy pays out 24.6% 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. Devon Energy has raised its dividend for 1 consecutive years and Cenovus Energy has raised its dividend for 4 consecutive years.

Cenovus Energy has higher revenue and earnings than Devon Energy. Devon 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.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Devon Energy$17.19B3.07$2.64B$4.2111.39
Cenovus Energy$35.57B1.61$2.81B$2.6012.11

69.7% of Devon Energy shares are held by institutional investors. Comparatively, 51.2% of Cenovus Energy shares are held by institutional investors. 4.6% of Devon Energy shares are held by company insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a company will outperform the market over the long term.

Summary

Devon Energy beats Cenovus Energy on 11 of the 19 factors compared between the two stocks.

Get Cenovus Energy News Delivered to You Automatically

Sign up to receive the latest news and ratings for CVE and its competitors with MarketBeat's FREE daily newsletter.

Subscribe Now
SMS is currently available in Australia, Belgium, Canada, France, Germany, Ireland, Italy, New Zealand, the Netherlands, Singapore, South Africa, Spain, Switzerland, the United Kingdom, and the United States. By entering your phone number and clicking the sign-up button, you agree to receive periodic text messages from MarketBeat at the phone number you submitted, including texts that may be sent using an automatic telephone dialing system. Message and data rates may apply. Message frequency will vary. Messages will consist of stock alerts, news stories, and partner advertisements/offers. Consent is not a condition of the purchase of any goods or services. Text HELP for help/customer support. Unsubscribe at any time by replying "STOP" to any text message that you receive from MarketBeat or by visiting our mailing preferences page. Read our full terms of service and privacy policy.

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.
Skip Chart

Media Sentiment Over Time

This chart shows the average media sentiment of NYSE 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.
Skip Chart

CVE vs. The Competition

MetricCenovus EnergyOil, Gas & Consumable Fuels IndustryEnergy SectorNYSE Exchange
Market Cap$59.03B$11.30B$9.88B$22.78B
Dividend Yield1.96%10.21%10.67%3.72%
P/E Ratio12.1117.0920.2827.90
Price / Sales1.61695.57569.1320.36
Price / Cash9.3540.7836.9219.11
Price / Book2.634.464.054.70
Net Income$2.81B$5.27B$4.35B$1.07B
7 Day Performance1.62%0.31%0.71%0.47%
1 Month Performance-2.81%-2.91%-2.80%-5.36%
1 Year Performance80.45%27.78%28.88%5.39%

Cenovus Energy Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
CVE
Cenovus Energy
4.1992 of 5 stars
$31.49
-2.8%
$39.00
+23.9%
+85.5%$59.03B$35.57B12.117,211
CHRD
Chord Energy
4.4797 of 5 stars
$137.16
+0.2%
$165.54
+20.7%
+40.3%$7.51B$4.88B9.20676
FANG
Diamondback Energy
4.4995 of 5 stars
$184.74
-0.4%
$226.33
+22.5%
+24.8%$51.75B$15.03B36.021,762
BTE
Baytex Energy
2.8166 of 5 stars
$4.65
+1.9%
N/A+98.9%$3.21B$2.56BN/A454
CNQ
Canadian Natural Resources
4.0548 of 5 stars
$48.45
+1.4%
$57.00
+17.6%
+51.9%$99.52B$31.61B11.9610,750

Related Companies and Tools


This page (NYSE:CVE) was last updated on 10/6/2026 by MarketBeat.com Staff.
From Our Partners