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Cenovus Energy (CVE) Competitors

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$27.24 -0.12 (-0.42%)
Closing price 03:59 PM Eastern
Extended Trading
$27.30 +0.05 (+0.19%)
As of 07:56 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?

Diamondback Energy (NASDAQ:FANG) and Cenovus Energy (NYSE: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 dividends, media sentiment, valuation, institutional ownership, earnings, profitability, risk and analyst recommendations.

Diamondback Energy pays an annual dividend of $4.40 per share and has a dividend yield of 2.3%. Cenovus Energy pays an annual dividend of $0.64 per share and has a dividend yield of 2.3%. 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 pays out 35.2% 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. Cenovus Energy is clearly the better dividend stock, given its higher yield and lower payout ratio.

Diamondback Energy currently has a consensus target price of $219.53, indicating a potential upside of 15.46%. Cenovus Energy has a consensus target price of $35.25, indicating a potential upside of 29.38%. Given Cenovus Energy's higher possible 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)
4 Hold rating(s)
17 Buy rating(s)
4 Strong Buy rating(s)
3.00
Cenovus Energy
0 Sell rating(s)
2 Hold rating(s)
10 Buy rating(s)
2 Strong Buy rating(s)
3.00

90.0% of Diamondback Energy shares are owned by institutional investors. Comparatively, 51.2% of Cenovus 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 hedge funds, endowments and large money managers believe a stock is poised for long-term growth.

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
Diamondback Energy1.87% 7.76% 4.67%
Cenovus Energy 9.53%15.29%7.83%

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

In the previous week, Diamondback Energy had 12 more articles in the media than Cenovus Energy. MarketBeat recorded 17 mentions for Diamondback Energy and 5 mentions for Cenovus Energy. Cenovus Energy's average media sentiment score of 1.31 beat Diamondback Energy's score of 1.11 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
10 Very Positive mention(s)
4 Positive mention(s)
2 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Cenovus Energy
4 Very Positive mention(s)
0 Positive mention(s)
0 Neutral mention(s)
0 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$15.03B3.56$1.66B$0.86221.08
Cenovus Energy$35.57B1.43$2.81B$1.8214.97

Summary

Cenovus Energy beats Diamondback Energy on 10 of the 19 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 business? We will contrast the two businesses based on the strength of their institutional ownership, earnings, analyst recommendations, valuation, dividends, risk, profitability and media sentiment.

Cenovus Energy has a consensus price target of $35.25, indicating a potential upside of 29.38%. Given Cenovus Energy's stronger consensus rating and higher probable upside, analysts clearly 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)
10 Buy rating(s)
2 Strong Buy rating(s)
3.00

46.2% of Baytex Energy shares are owned by institutional investors. Comparatively, 51.2% of Cenovus Energy shares are owned by institutional investors. 0.8% of Baytex Energy shares are owned by insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a stock will outperform the market over the long term.

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
Baytex Energy-24.25% -10.85% -6.38%
Cenovus Energy 9.53%15.29%7.83%

In the previous week, Cenovus Energy had 3 more articles in the media than Baytex Energy. MarketBeat recorded 5 mentions for Cenovus Energy and 2 mentions for Baytex Energy. Baytex Energy's average media sentiment score of 1.33 beat Cenovus Energy's score of 1.31 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
2 Very Positive mention(s)
0 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Cenovus Energy
4 Very Positive mention(s)
0 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Baytex Energy has a beta of 0.4, meaning that its share price is 60% 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.

Baytex Energy pays an annual dividend of $0.07 per share and has a dividend yield of 1.7%. Cenovus Energy pays an annual dividend of $0.64 per share and has a dividend yield of 2.3%. Baytex Energy pays out -10.0% 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. 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
Baytex Energy$2.56B1.14-$432.12M-$0.70N/A
Cenovus Energy$35.57B1.43$2.81B$1.8214.97

Summary

Cenovus Energy beats Baytex Energy on 16 of the 20 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 superior business? We will compare the two businesses based on the strength of their institutional ownership, risk, analyst recommendations, earnings, valuation, profitability, media sentiment and dividends.

Canadian Natural Resources presently has a consensus price target of $57.00, indicating a potential upside of 33.02%. Cenovus Energy has a consensus price target of $35.25, indicating a potential upside of 29.38%. Given Canadian Natural Resources' higher possible upside, analysts plainly believe Canadian Natural Resources is more favorable than Cenovus Energy.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Canadian Natural Resources
0 Sell rating(s)
6 Hold rating(s)
6 Buy rating(s)
0 Strong Buy rating(s)
2.50
Cenovus Energy
0 Sell rating(s)
2 Hold rating(s)
10 Buy rating(s)
2 Strong Buy rating(s)
3.00

Canadian Natural Resources has a beta of 0.47, indicating that its share price is 53% 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.

In the previous week, Canadian Natural Resources had 5 more articles in the media than Cenovus Energy. MarketBeat recorded 10 mentions for Canadian Natural Resources and 5 mentions for Cenovus Energy. Cenovus Energy's average media sentiment score of 1.31 beat Canadian Natural Resources' score of 1.15 indicating that Cenovus Energy is being referred to more favorably in the news media.

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

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
Canadian Natural Resources22.04% 17.49% 8.37%
Cenovus Energy 9.53%15.29%7.83%

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$31.61B2.81$7.74B$3.3512.79
Cenovus Energy$35.57B1.43$2.81B$1.8214.97

Canadian Natural Resources pays an annual dividend of $1.81 per share and has a dividend yield of 4.2%. Cenovus Energy pays an annual dividend of $0.64 per share and has a dividend yield of 2.3%. Canadian Natural Resources pays out 54.0% 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. 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.

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

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?

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

In the previous week, Devon Energy had 12 more articles in the media than Cenovus Energy. MarketBeat recorded 17 mentions for Devon Energy and 5 mentions for Cenovus Energy. Cenovus Energy's average media sentiment score of 1.31 beat Devon Energy's score of 1.00 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
4 Very Positive mention(s)
0 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Devon Energy
11 Very Positive mention(s)
4 Positive mention(s)
1 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Positive

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
Cenovus Energy9.53% 15.29% 7.83%
Devon Energy 13.71%15.22%7.39%

Cenovus Energy pays an annual dividend of $0.64 per share and has a dividend yield of 2.3%. Devon Energy pays an annual dividend of $1.28 per share and has a dividend yield of 3.0%. Cenovus Energy pays out 35.2% of its earnings in the form of a dividend. Devon Energy pays out 35.7% 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 Devon Energy has increased its dividend for 1 consecutive years.

Cenovus Energy currently has a consensus price target of $35.25, indicating a potential upside of 29.38%. Devon Energy has a consensus price target of $59.32, indicating a potential upside of 37.84%. Given Devon Energy's higher possible upside, analysts plainly believe Devon Energy is more favorable than Cenovus Energy.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Cenovus Energy
0 Sell rating(s)
2 Hold rating(s)
10 Buy rating(s)
2 Strong Buy rating(s)
3.00
Devon Energy
0 Sell rating(s)
5 Hold rating(s)
23 Buy rating(s)
2 Strong Buy rating(s)
2.90

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
Cenovus Energy$35.57B1.43$2.81B$1.8214.97
Devon Energy$17.19B1.56$2.64B$3.5911.99

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

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

Summary

Devon Energy beats Cenovus Energy on 10 of the 19 factors compared between the two stocks.

How does Cenovus Energy compare to EOG Resources?

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

EOG Resources has lower revenue, but higher earnings 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
Cenovus Energy$35.57B1.43$2.81B$1.8214.97
EOG Resources$22.63B3.26$4.98B$10.1613.62

51.2% of Cenovus Energy shares are held by institutional investors. Comparatively, 89.9% of EOG Resources shares are held by institutional investors. 0.1% of EOG Resources shares are held by insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a stock will outperform the market over the long term.

Cenovus Energy currently has a consensus target price of $35.25, indicating a potential upside of 29.38%. EOG Resources has a consensus target price of $155.04, indicating a potential upside of 12.01%. Given Cenovus Energy's stronger consensus rating and higher probable upside, equities research analysts plainly believe Cenovus Energy is more favorable than EOG Resources.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Cenovus Energy
0 Sell rating(s)
2 Hold rating(s)
10 Buy rating(s)
2 Strong Buy rating(s)
3.00
EOG Resources
0 Sell rating(s)
16 Hold rating(s)
13 Buy rating(s)
1 Strong Buy rating(s)
2.50

Cenovus Energy pays an annual dividend of $0.64 per share and has a dividend yield of 2.3%. EOG Resources pays an annual dividend of $4.08 per share and has a dividend yield of 2.9%. Cenovus Energy pays out 35.2% of its earnings in the form of a dividend. EOG Resources pays out 40.2% 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. Cenovus Energy has raised its dividend for 4 consecutive years and EOG Resources has raised its dividend for 8 consecutive years. EOG Resources is clearly the better dividend stock, given its higher yield and longer track record of dividend growth.

In the previous week, EOG Resources had 17 more articles in the media than Cenovus Energy. MarketBeat recorded 22 mentions for EOG Resources and 5 mentions for Cenovus Energy. Cenovus Energy's average media sentiment score of 1.31 beat EOG Resources' score of 1.24 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
4 Very Positive mention(s)
0 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
EOG Resources
18 Very Positive mention(s)
2 Positive mention(s)
1 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
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
Cenovus Energy9.53% 15.29% 7.83%
EOG Resources 23.01%19.25%11.37%

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

Summary

EOG Resources beats Cenovus Energy on 12 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 IndustryEnergy SectorNYSE Exchange
Market Cap$50.91B$46.11B$9.95B$23.43B
Dividend Yield2.33%3.34%11.40%4.18%
P/E Ratio14.9723.3218.3728.36
Price / Sales1.431.42447.1119.90
Price / Cash7.8910.2537.0933.10
Price / Book2.273.564.094.78
Net Income$2.81B$2.38B$4.25B$1.07B
7 Day Performance4.78%2.92%0.12%0.84%
1 Month Performance3.74%3.46%-2.55%0.92%
1 Year Performance94.93%54.41%29.15%18.16%

Cenovus Energy Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
CVE
Cenovus Energy
4.8246 of 5 stars
$27.25
-0.4%
$35.25
+29.4%
+92.6%$50.91B$35.57B14.977,211
FANG
Diamondback Energy
3.8166 of 5 stars
$191.60
+4.5%
$220.68
+15.2%
+37.6%$51.59B$15.03B222.791,762
BTE
Baytex Energy
2.8273 of 5 stars
$4.22
+3.6%
N/A+119.4%$2.90B$2.56BN/A231
CNQ
Canadian Natural Resources
4.896 of 5 stars
$43.08
+3.0%
$57.00
+32.3%
+36.6%$86.78B$31.61B12.8610,750
DVN
Devon Energy
4.8906 of 5 stars
$43.68
+3.4%
$59.56
+36.4%
+33.2%$26.24B$17.19B12.172,200

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This page (NYSE:CVE) was last updated on 7/16/2026 by MarketBeat.com Staff.
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