Cenovus Energy (CVE) Competitors

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$24.80 +0.13 (+0.51%)
Closing price 03:59 PM Eastern
Extended Trading
$24.87 +0.07 (+0.26%)
As of 07:21 PM Eastern
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CVE vs. FANG, BTE, CNQ, DVN, and EOG

Should you buy Cenovus Energy stock or one of its competitors? MarketBeat compares Cenovus Energy with other companies and stocks that may be similar based on industry, sector, market capitalization, business model, investor interest, or shared news coverage. Companies and stocks commonly compared with Cenovus Energy include Diamondback Energy (FANG), Baytex Energy (BTE), Canadian Natural Resources (CNQ), Devon Energy (DVN), and EOG Resources (EOG). These companies are all part of the "energy" sector.

How does Cenovus Energy compare to Diamondback Energy?

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

Cenovus Energy pays an annual dividend of $0.64 per share and has a dividend yield of 2.6%. Diamondback Energy pays an annual dividend of $4.40 per share and has a dividend yield of 2.4%. Cenovus Energy pays out 35.2% of its earnings in the form of a dividend. Diamondback Energy pays out 511.6% 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 has raised its dividend for 4 consecutive years and Diamondback Energy has raised its dividend for 7 consecutive years. Cenovus Energy is clearly the better dividend stock, given its higher yield and lower payout ratio.

In the previous week, Diamondback Energy had 11 more articles in the media than Cenovus Energy. MarketBeat recorded 11 mentions for Diamondback Energy and 0 mentions for Cenovus Energy. Diamondback Energy's average media sentiment score of 1.64 beat Cenovus Energy's score of 1.42 indicating that Diamondback Energy is being referred to more favorably in the news media.

Company Overall Sentiment
Cenovus Energy Positive
Diamondback Energy Very Positive

Cenovus Energy has a beta of 0.34, suggesting that its share price is 66% less volatile than the broader market. Comparatively, Diamondback Energy has a beta of 0.42, suggesting that its share price is 58% less volatile than the broader market.

Cenovus Energy presently has a consensus price target of $35.25, suggesting a potential upside of 42.11%. Diamondback Energy has a consensus price target of $221.37, suggesting a potential upside of 23.04%. Given Cenovus Energy's higher probable upside, equities analysts clearly believe Cenovus Energy is more favorable than Diamondback Energy.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Cenovus Energy
0 Sell rating(s)
3 Hold rating(s)
10 Buy rating(s)
1 Strong Buy rating(s)
2.86
Diamondback Energy
0 Sell rating(s)
4 Hold rating(s)
16 Buy rating(s)
5 Strong Buy rating(s)
3.04

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

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
Cenovus Energy$35.57B1.30$2.81B$1.8213.63
Diamondback Energy$15.03B3.37$1.66B$0.86209.20

Cenovus Energy has a net margin of 9.53% compared to Diamondback Energy's net margin of 1.87%. Cenovus Energy's return on equity of 15.29% beat Diamondback Energy's return on equity.

Company Net Margins Return on Equity Return on Assets
Cenovus Energy9.53% 15.29% 7.83%
Diamondback Energy 1.87%7.76%4.67%

Summary

Diamondback Energy beats Cenovus Energy on 11 of the 20 factors compared between the two stocks.

How does Cenovus Energy compare to Baytex Energy?

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

Cenovus Energy pays an annual dividend of $0.64 per share and has a dividend yield of 2.6%. Baytex Energy pays an annual dividend of $0.07 per share and has a dividend yield of 1.8%. Cenovus Energy pays out 35.2% of its earnings in the form of a dividend. Baytex Energy pays out -10.0% 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 raised 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 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
Cenovus Energy$35.57B1.30$2.81B$1.8213.63
Baytex Energy$2.56B1.12-$432.12M-$0.70N/A

Cenovus Energy has a net margin of 9.53% compared to Baytex Energy's net margin of -24.25%. Cenovus Energy's return on equity of 15.29% beat Baytex Energy's return on equity.

Company Net Margins Return on Equity Return on Assets
Cenovus Energy9.53% 15.29% 7.83%
Baytex Energy -24.25%-10.85%-6.38%

51.2% of Cenovus Energy shares are owned by institutional investors. Comparatively, 46.2% of Baytex Energy shares are owned by institutional investors. 0.8% of Baytex Energy shares are owned by company 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.

Cenovus Energy has a beta of 0.34, indicating that its stock price is 66% less volatile than the broader market. Comparatively, Baytex Energy has a beta of 0.37, indicating that its stock price is 63% less volatile than the broader market.

In the previous week, Baytex Energy had 4 more articles in the media than Cenovus Energy. MarketBeat recorded 4 mentions for Baytex Energy and 0 mentions for Cenovus Energy. Cenovus Energy's average media sentiment score of 1.42 beat Baytex Energy's score of 0.63 indicating that Cenovus Energy is being referred to more favorably in the media.

Company Overall Sentiment
Cenovus Energy Positive
Baytex Energy Positive

Cenovus Energy currently has a consensus price target of $35.25, indicating a potential upside of 42.11%. Given Cenovus Energy's stronger consensus rating and higher possible upside, research analysts plainly believe Cenovus Energy is more favorable than Baytex Energy.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Cenovus Energy
0 Sell rating(s)
3 Hold rating(s)
10 Buy rating(s)
1 Strong Buy rating(s)
2.86
Baytex Energy
1 Sell rating(s)
6 Hold rating(s)
3 Buy rating(s)
1 Strong Buy rating(s)
2.36

Summary

Cenovus Energy beats Baytex Energy on 15 of the 19 factors compared between the two stocks.

How does Cenovus Energy compare to Canadian Natural Resources?

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

Cenovus Energy pays an annual dividend of $0.64 per share and has a dividend yield of 2.6%. Canadian Natural Resources pays an annual dividend of $1.81 per share and has a dividend yield of 4.6%. Cenovus Energy pays out 35.2% of its earnings in the form of a dividend. Canadian Natural Resources pays out 54.0% 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 and Canadian Natural Resources has increased its dividend for 24 consecutive years. Canadian Natural Resources is clearly the better dividend stock, given its higher yield and longer track record of dividend growth.

Cenovus Energy has a beta of 0.34, suggesting that its stock price is 66% less volatile than the broader market. Comparatively, Canadian Natural Resources has a beta of 0.45, suggesting that its stock price is 55% less volatile than the broader market.

51.2% of Cenovus Energy shares are owned by institutional investors. Comparatively, 74.0% of Canadian Natural Resources shares are owned by institutional investors. 5.0% of Canadian Natural Resources shares are owned by insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a company will outperform the market over the long term.

Canadian Natural Resources has a net margin of 22.04% compared to Cenovus Energy's net margin of 9.53%. Canadian Natural Resources' return on equity of 17.49% beat Cenovus Energy's return on equity.

Company Net Margins Return on Equity Return on Assets
Cenovus Energy9.53% 15.29% 7.83%
Canadian Natural Resources 22.04%17.49%8.37%

Cenovus Energy currently has a consensus target price of $35.25, indicating a potential upside of 42.11%. Canadian Natural Resources has a consensus target price of $57.00, indicating a potential upside of 44.20%. Given Canadian Natural Resources' higher possible upside, analysts clearly believe Canadian Natural Resources is more favorable than Cenovus Energy.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Cenovus Energy
0 Sell rating(s)
3 Hold rating(s)
10 Buy rating(s)
1 Strong Buy rating(s)
2.86
Canadian Natural Resources
0 Sell rating(s)
5 Hold rating(s)
7 Buy rating(s)
0 Strong Buy rating(s)
2.58

In the previous week, Canadian Natural Resources had 7 more articles in the media than Cenovus Energy. MarketBeat recorded 7 mentions for Canadian Natural Resources and 0 mentions for Cenovus Energy. Cenovus Energy's average media sentiment score of 1.42 beat Canadian Natural Resources' score of 0.24 indicating that Cenovus Energy is being referred to more favorably in the media.

Company Overall Sentiment
Cenovus Energy Positive
Canadian Natural Resources Neutral

Canadian Natural Resources has lower revenue, but higher earnings 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
Cenovus Energy$35.57B1.30$2.81B$1.8213.63
Canadian Natural Resources$31.61B2.60$7.74B$3.3511.80

Summary

Canadian Natural Resources beats Cenovus Energy on 13 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 better investment? We will contrast the two businesses based on the strength of their valuation, dividends, earnings, media sentiment, risk, institutional ownership, profitability and analyst recommendations.

Devon Energy has a net margin of 13.71% compared to Cenovus Energy's net margin of 9.53%. Cenovus Energy's return on equity of 15.29% beat Devon Energy's return on equity.

Company Net Margins Return on Equity Return on Assets
Devon Energy13.71% 15.22% 7.39%
Cenovus Energy 9.53%15.29%7.83%

Devon Energy has a beta of 0.37, suggesting that its stock price is 63% less volatile than the broader market. Comparatively, Cenovus Energy has a beta of 0.34, suggesting that its stock price is 66% less volatile than the broader market.

In the previous week, Devon Energy had 31 more articles in the media than Cenovus Energy. MarketBeat recorded 31 mentions for Devon Energy and 0 mentions for Cenovus Energy. Cenovus Energy's average media sentiment score of 1.42 beat Devon Energy's score of 1.36 indicating that Cenovus Energy is being referred to more favorably in the news media.

Company Overall Sentiment
Devon Energy Positive
Cenovus Energy Positive

69.7% of Devon Energy shares are owned by institutional investors. Comparatively, 51.2% of Cenovus Energy shares are owned by institutional investors. 4.6% of Devon Energy shares are owned 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.

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$17.19B1.52$2.64B$3.5911.75
Cenovus Energy$35.57B1.30$2.81B$1.8213.63

Devon Energy currently has a consensus price target of $58.96, indicating a potential upside of 39.79%. Cenovus Energy has a consensus price target of $35.25, indicating a potential upside of 42.11%. Given Cenovus Energy's higher possible upside, analysts clearly believe Cenovus Energy is more favorable than Devon 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)
3 Strong Buy rating(s)
2.94
Cenovus Energy
0 Sell rating(s)
3 Hold rating(s)
10 Buy rating(s)
1 Strong Buy rating(s)
2.86

Devon Energy pays an annual dividend of $1.28 per share and has a dividend yield of 3.0%. Cenovus Energy pays an annual dividend of $0.64 per share and has a dividend yield of 2.6%. Devon Energy pays out 35.7% of its earnings in the form of a dividend. Cenovus Energy pays out 35.2% 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.

Summary

Devon Energy beats Cenovus Energy on 11 of the 20 factors compared between the two stocks.

How does Cenovus Energy compare to EOG Resources?

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

In the previous week, EOG Resources had 11 more articles in the media than Cenovus Energy. MarketBeat recorded 11 mentions for EOG Resources and 0 mentions for Cenovus Energy. Cenovus Energy's average media sentiment score of 1.42 beat EOG Resources' score of 1.11 indicating that Cenovus Energy is being referred to more favorably in the news media.

Company Overall Sentiment
EOG Resources Positive
Cenovus Energy Positive

EOG Resources has a net margin of 23.01% compared to Cenovus Energy's net margin of 9.53%. EOG Resources' return on equity of 19.25% beat Cenovus Energy's return on equity.

Company Net Margins Return on Equity Return on Assets
EOG Resources23.01% 19.25% 11.37%
Cenovus Energy 9.53%15.29%7.83%

EOG Resources has higher earnings, but lower revenue than Cenovus Energy. EOG 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
EOG Resources$23.50B3.01$4.98B$10.1613.06
Cenovus Energy$35.57B1.30$2.81B$1.8213.63

EOG Resources presently has a consensus price target of $156.00, suggesting a potential upside of 17.61%. Cenovus Energy has a consensus price target of $35.25, suggesting a potential upside of 42.11%. Given Cenovus Energy's stronger consensus rating and higher possible upside, analysts plainly believe Cenovus Energy is more favorable than EOG Resources.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
EOG Resources
0 Sell rating(s)
16 Hold rating(s)
13 Buy rating(s)
1 Strong Buy rating(s)
2.50
Cenovus Energy
0 Sell rating(s)
3 Hold rating(s)
10 Buy rating(s)
1 Strong Buy rating(s)
2.86

89.9% of EOG Resources shares are held by institutional investors. Comparatively, 51.2% of Cenovus Energy shares are held by institutional investors. 0.1% of EOG Resources shares are held by company insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a stock is poised for long-term growth.

EOG Resources has a beta of 0.25, suggesting that its share price is 75% less volatile than the broader market. Comparatively, Cenovus Energy has a beta of 0.34, suggesting that its share price is 66% less volatile than the broader market.

EOG Resources pays an annual dividend of $4.08 per share and has a dividend yield of 3.1%. Cenovus Energy pays an annual dividend of $0.64 per share and has a dividend yield of 2.6%. EOG Resources pays out 40.2% of its earnings in the form of a dividend. Cenovus Energy pays out 35.2% 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. EOG Resources has increased its dividend for 8 consecutive years and Cenovus Energy has increased its dividend for 4 consecutive years. EOG Resources is clearly the better dividend stock, given its higher yield and longer track record of dividend growth.

Summary

EOG Resources beats Cenovus Energy on 12 of the 19 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 CVE 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 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.
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CVE vs. The Competition

MetricCenovus EnergyOIL IndustryEnergy SectorNYSE Exchange
Market Cap$46.15B$42.05B$9.51B$23.28B
Dividend Yield2.58%3.54%10.55%4.11%
P/E Ratio13.6321.9618.8731.66
Price / Sales1.301.14743.5520.31
Price / Cash7.129.5537.7524.53
Price / Book2.073.364.074.74
Net Income$2.81B$2.38B$4.24B$1.07B
7 Day Performance-1.37%0.03%-2.41%0.99%
1 Month Performance-14.29%-11.17%-8.21%0.97%
1 Year Performance79.55%45.46%29.66%24.40%

Cenovus Energy Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
CVE
Cenovus Energy
4.4378 of 5 stars
$24.81
+0.5%
$35.25
+42.1%
+80.5%$46.15B$35.57B13.637,211
FANG
Diamondback Energy
4.6202 of 5 stars
$187.80
+2.3%
$221.37
+17.9%
+32.2%$51.62B$15.03B218.371,762
BTE
Baytex Energy
2.6191 of 5 stars
$4.03
+1.1%
N/A+118.9%$2.86B$2.56BN/A231
CNQ
Canadian Natural Resources
4.2467 of 5 stars
$41.75
+1.7%
$57.00
+36.5%
+26.2%$85.20B$31.61B12.4610,750
DVN
Devon Energy
4.7851 of 5 stars
$43.03
+2.2%
$58.44
+35.8%
+32.2%$26.17B$17.19B11.992,200

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This page (NYSE:CVE) was last updated on 6/26/2026 by MarketBeat.com Staff.
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