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Cenovus Energy (CVE) Competitors

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$31.82 +1.06 (+3.44%)
As of 01:19 PM Eastern
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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 better investment? We will compare the two companies based on the strength of their dividends, profitability, media sentiment, institutional ownership, risk, analyst recommendations, earnings and valuation.

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 raised its dividend for 1 consecutive years and Cenovus Energy has raised its dividend for 4 consecutive years.

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 hedge funds, large money managers and endowments believe a stock will outperform the market over the long term.

In the previous week, Cenovus Energy had 12 more articles in the media than Chord Energy. MarketBeat recorded 22 mentions for Cenovus Energy and 10 mentions for Chord Energy. Cenovus Energy's average media sentiment score of 1.52 beat Chord Energy's score of 1.02 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
3 Very Positive mention(s)
5 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Cenovus Energy
20 Very Positive mention(s)
2 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Very Positive

Chord Energy presently has a consensus price target of $152.54, indicating a potential upside of 7.38%. Cenovus Energy has a consensus price target of $36.25, indicating a potential upside of 13.93%. Given Cenovus Energy's stronger consensus rating and higher possible 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
1 Sell rating(s)
4 Hold rating(s)
10 Buy rating(s)
1 Strong Buy rating(s)
2.69
Cenovus Energy
0 Sell rating(s)
2 Hold rating(s)
12 Buy rating(s)
1 Strong Buy rating(s)
2.93

Chord Energy has a beta of 0.48, meaning that its share price is 52% less volatile than the broader market. Comparatively, Cenovus Energy has a beta of 0.34, meaning that its share price is 66% less volatile than the broader market.

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$4.88B1.59$44.46M$14.929.52
Cenovus Energy$35.57B1.65$2.81B$2.6012.24

Summary

Cenovus Energy beats Chord Energy on 13 of the 19 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 contrast the two businesses based on the strength of their dividends, institutional ownership, valuation, media sentiment, earnings, analyst recommendations, profitability and risk.

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%

In the previous week, Diamondback Energy had 24 more articles in the media than Cenovus Energy. MarketBeat recorded 46 mentions for Diamondback Energy and 22 mentions for Cenovus Energy. Cenovus Energy's average media sentiment score of 1.52 beat Diamondback Energy's score of 1.27 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
39 Very Positive mention(s)
4 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
1 Very Negative mention(s)
Positive
Cenovus Energy
20 Very Positive mention(s)
2 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Very Positive

Diamondback Energy pays an annual dividend of $4.40 per share and has a dividend yield of 2.2%. 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 presently has a consensus price target of $222.21, indicating a potential upside of 10.79%. Cenovus Energy has a consensus price target of $36.25, indicating a potential upside of 13.93%. Given Cenovus Energy's higher possible upside, analysts clearly 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)
15 Buy rating(s)
4 Strong Buy rating(s)
2.96
Cenovus Energy
0 Sell rating(s)
2 Hold rating(s)
12 Buy rating(s)
1 Strong Buy rating(s)
2.93

Diamondback Energy has a beta of 0.43, suggesting that its share price is 57% 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.

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 insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a company is poised for long-term growth.

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$15.03B3.74$1.66B$5.1339.10
Cenovus Energy$35.57B1.65$2.81B$2.6012.24

Summary

Diamondback Energy beats Cenovus Energy on 12 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 better stock? We will contrast the two businesses based on the strength of their analyst recommendations, earnings, dividends, valuation, risk, media sentiment, profitability and institutional ownership.

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%

In the previous week, Cenovus Energy had 13 more articles in the media than Baytex Energy. MarketBeat recorded 22 mentions for Cenovus Energy and 9 mentions for Baytex Energy. Baytex Energy's average media sentiment score of 1.66 beat Cenovus Energy's score of 1.52 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
8 Very Positive mention(s)
0 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Very Positive
Cenovus Energy
20 Very Positive mention(s)
2 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Very Positive

Cenovus Energy has a consensus target price of $36.25, indicating a potential upside of 13.93%. 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)
3 Buy rating(s)
1 Strong Buy rating(s)
2.36
Cenovus Energy
0 Sell rating(s)
2 Hold rating(s)
12 Buy rating(s)
1 Strong Buy rating(s)
2.93

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$2.56B1.29-$432.12M-$0.67N/A
Cenovus Energy$35.57B1.65$2.81B$2.6012.24

Baytex Energy pays an annual dividend of $0.07 per share and has a dividend yield of 1.5%. Cenovus Energy pays an annual dividend of $0.64 per share and has a dividend yield of 2.0%. Baytex Energy pays out -10.4% 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. 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.

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 endowments, large money managers and hedge funds believe a stock is poised for long-term growth.

Baytex Energy has a beta of 0.39, indicating that its share price is 61% less volatile than the broader market. Comparatively, Cenovus Energy has a beta of 0.34, indicating that its share price is 66% less volatile than the broader market.

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 business? We will contrast the two companies based on the strength of their institutional ownership, media sentiment, risk, dividends, profitability, analyst recommendations, earnings and valuation.

Cenovus Energy pays an annual dividend of $0.64 per share and has a dividend yield of 2.0%. Canadian Natural Resources pays an annual dividend of $1.81 per share and has a dividend yield of 3.6%. Cenovus Energy pays out 24.6% of its earnings in the form of a dividend. Canadian Natural Resources pays out 44.7% 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. 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 presently has a consensus price target of $36.25, suggesting a potential upside of 13.93%. Canadian Natural Resources has a consensus price target of $57.00, suggesting a potential upside of 13.51%. Given Cenovus Energy's stronger consensus rating and higher possible upside, 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)
12 Buy rating(s)
1 Strong Buy rating(s)
2.93
Canadian Natural Resources
0 Sell rating(s)
5 Hold rating(s)
6 Buy rating(s)
0 Strong Buy rating(s)
2.55

Cenovus Energy has a beta of 0.34, meaning that its share price is 66% less volatile than the broader market. Comparatively, Canadian Natural Resources has a beta of 0.46, meaning that its share price is 54% less volatile than the broader market.

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
Cenovus Energy12.37% 21.08% 10.80%
Canadian Natural Resources 22.78%23.91%11.45%

In the previous week, Cenovus Energy had 8 more articles in the media than Canadian Natural Resources. MarketBeat recorded 22 mentions for Cenovus Energy and 14 mentions for Canadian Natural Resources. Cenovus Energy's average media sentiment score of 1.52 beat Canadian Natural Resources' score of 0.99 indicating that Cenovus Energy is being referred to more favorably in the media.

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

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 Energy$35.57B1.65$2.81B$2.6012.24
Canadian Natural Resources$31.61B3.28$7.74B$4.0512.40

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 endowments, large money managers and hedge funds believe a stock will outperform the market over the long term.

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 profitability, analyst recommendations, media sentiment, risk, earnings, valuation, institutional ownership and dividends.

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$17.19B3.02$2.64B$4.2111.20
Cenovus Energy$35.57B1.65$2.81B$2.6012.24

Devon Energy has a beta of 0.38, indicating that its share price is 62% less volatile than the broader market. Comparatively, Cenovus Energy has a beta of 0.34, indicating that its share price is 66% less volatile than the broader market.

Devon Energy currently has a consensus price target of $59.15, indicating a potential upside of 25.51%. Cenovus Energy has a consensus price target of $36.25, indicating a potential upside of 13.93%. Given Devon Energy's higher possible upside, equities analysts plainly 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)
22 Buy rating(s)
2 Strong Buy rating(s)
2.90
Cenovus Energy
0 Sell rating(s)
2 Hold rating(s)
12 Buy rating(s)
1 Strong Buy rating(s)
2.93

In the previous week, Devon Energy had 25 more articles in the media than Cenovus Energy. MarketBeat recorded 47 mentions for Devon Energy and 22 mentions for Cenovus Energy. Cenovus Energy's average media sentiment score of 1.52 beat Devon Energy's score of 1.41 indicating that Cenovus Energy is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Devon Energy
35 Very Positive mention(s)
4 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Cenovus Energy
20 Very Positive mention(s)
2 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Very Positive

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 hedge funds, endowments and large money managers believe a company is poised for long-term growth.

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 increased its dividend for 1 consecutive years and Cenovus Energy has increased its dividend for 4 consecutive years.

Summary

Devon Energy beats Cenovus Energy on 11 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 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, Gas & Consumable Fuels IndustryEnergy SectorNYSE Exchange
Market Cap$58.84B$11.29B$9.86B$24.26B
Dividend Yield1.98%11.19%11.46%3.70%
P/E Ratio12.2416.9520.3230.22
Price / Sales1.65448.22368.2620.18
Price / Cash9.2839.8336.1832.63
Price / Book2.383.213.027.70
Net Income$2.81B$5.27B$4.33B$1.07B
7 Day Performance-2.08%0.40%-0.11%-0.24%
1 Month Performance8.73%4.09%3.35%2.82%
1 Year Performance90.38%35.05%36.44%14.56%

Cenovus Energy Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
CVE
Cenovus Energy
3.9352 of 5 stars
$31.82
+3.4%
$36.25
+13.9%
+84.3%$58.84B$35.57B12.247,211
CHRD
Chord Energy
3.9892 of 5 stars
$149.54
+0.5%
$152.54
+2.0%
+31.5%$8.18B$4.88B10.02530
FANG
Diamondback Energy
4.2149 of 5 stars
$211.86
+0.4%
$222.21
+4.9%
+37.6%$59.33B$15.03B41.301,762
BTE
Baytex Energy
3.6513 of 5 stars
$4.81
-0.2%
N/A+116.0%$3.36B$2.56BN/A231
CNQ
Canadian Natural Resources
4.2437 of 5 stars
$51.09
+0.1%
$57.00
+11.6%
+59.9%$105.37B$31.61B12.6110,750

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This page (NYSE:CVE) was last updated on 8/26/2026 by MarketBeat.com Staff.
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