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Cenovus Energy (CVE) Competitors

Cenovus Energy logo
C$24.30 +0.08 (+0.33%)
As of 10/15/2025 04:00 PM Eastern

CVE vs. CNQ, SU, IMO, ARX, OVV, HSE, VRN, SSL, POU, and IPCO

Should you be buying Cenovus Energy stock or one of its competitors? The main competitors of Cenovus Energy include Canadian Natural Resources (CNQ), Suncor Energy (SU), Imperial Oil (IMO), ARC Resources (ARX), Ovintiv (OVV), Husky Energy Inc. (HSE.TO) (HSE), Veren (VRN), Sandstorm Gold (SSL), Paramount Resources (POU), and International Petroleum (IPCO). These companies are all part of the "petroleum and natural gas" industry.

Cenovus Energy vs. Its Competitors

Cenovus Energy (TSE:CVE) and Canadian Natural Resources (TSE:CNQ) 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, valuation, earnings, profitability, analyst recommendations, dividends, media sentiment and risk.

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 EnergyC$55.62B0.78C$3.69BC$1.4416.88
Canadian Natural ResourcesC$43.85B2.06C$7.52BC$3.9411.01

Cenovus Energy presently has a consensus target price of C$28.18, suggesting a potential upside of 15.97%. Canadian Natural Resources has a consensus target price of C$54.64, suggesting a potential upside of 26.01%. 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)
1 Hold rating(s)
9 Buy rating(s)
2 Strong Buy rating(s)
3.08
Canadian Natural Resources
0 Sell rating(s)
3 Hold rating(s)
6 Buy rating(s)
1 Strong Buy rating(s)
2.80

In the previous week, Cenovus Energy had 2 more articles in the media than Canadian Natural Resources. MarketBeat recorded 13 mentions for Cenovus Energy and 11 mentions for Canadian Natural Resources. Cenovus Energy's average media sentiment score of 1.22 beat Canadian Natural Resources' score of 1.11 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
6 Very Positive mention(s)
4 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Canadian Natural Resources
8 Very Positive mention(s)
1 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Cenovus Energy has a beta of 0.660606, suggesting that its share price is 34% less volatile than the S&P 500. Comparatively, Canadian Natural Resources has a beta of 0.880488, suggesting that its share price is 12% less volatile than the S&P 500.

Canadian Natural Resources has a net margin of 21.25% compared to Cenovus Energy's net margin of 6.72%. Canadian Natural Resources' return on equity of 19.14% beat Cenovus Energy's return on equity.

Company Net Margins Return on Equity Return on Assets
Cenovus Energy6.72% 12.67% 7.58%
Canadian Natural Resources 21.25%19.14%8.80%

51.2% of Cenovus Energy shares are held by institutional investors. Comparatively, 60.8% of Canadian Natural Resources shares are held by institutional investors. 32.0% of Cenovus Energy shares are held by insiders. Comparatively, 4.3% 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 stock will outperform the market over the long term.

Cenovus Energy pays an annual dividend of C$0.74 per share and has a dividend yield of 3.0%. Canadian Natural Resources pays an annual dividend of C$2.26 per share and has a dividend yield of 5.2%. Cenovus Energy pays out 51.4% of its earnings in the form of a dividend. Canadian Natural Resources pays out 57.4% 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.

Summary

Canadian Natural Resources beats Cenovus Energy on 10 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 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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CVE vs. The Competition

MetricCenovus EnergyOil & Gas Integrated IndustryEnergy SectorTSE Exchange
Market CapC$43.21BC$54.27BC$7.89BC$9.75B
Dividend Yield3.30%4.66%10.84%6.52%
P/E Ratio16.8874.5974.8129.93
Price / Sales0.7818,338.681,467.0112.45
Price / Cash13.716.1336.9283.29
Price / Book1.521.954.995.87
Net IncomeC$3.69BC$257.08BC$4.27BC$301.20M
7 Day Performance-4.18%-1.50%-0.76%0.96%
1 Month Performance0.54%-0.49%2.76%7.14%
1 Year Performance4.74%8.63%18.80%43.01%

Cenovus Energy Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
CVE
Cenovus Energy
4.2741 of 5 stars
C$24.30
+0.3%
C$28.18
+16.0%
+4.6%C$43.21BC$55.62B16.886,000Analyst Forecast
Analyst Revision
CNQ
Canadian Natural Resources
4.603 of 5 stars
C$45.28
+2.0%
C$54.75
+20.9%
N/AC$94.21BC$43.85B11.4910,272Positive News
SU
Suncor Energy
4.0004 of 5 stars
C$57.95
+0.4%
C$63.67
+9.9%
+4.1%C$70.31BC$53.64B12.7616,600
IMO
Imperial Oil
1.9035 of 5 stars
C$127.02
+1.2%
C$105.38
-17.0%
+16.5%C$64.66BC$47.18B14.005,300Analyst Downgrade
ARX
ARC Resources
3.3456 of 5 stars
C$26.15
-1.1%
C$33.33
+27.5%
+6.3%C$15.21BC$6.24B10.34438Analyst Forecast
OVV
Ovintiv
N/AC$55.92
-0.1%
N/A-7.5%C$14.37BC$9.21B24.631,740News Coverage
Analyst Upgrade
HSE
Husky Energy Inc. (HSE.TO)
N/AN/AN/AN/AC$6.79BC$14.69B-0.594,802
VRN
Veren
N/AN/AC$11.74
+∞
N/AC$5.60BC$3.83B5.20777
SSL
Sandstorm Gold
1.1721 of 5 stars
C$17.75
+1.5%
C$14.75
-16.9%
+119.8%C$5.20BC$193.59M147.9228,600
POU
Paramount Resources
4.0591 of 5 stars
C$23.31
+1.3%
C$25.21
+8.2%
-16.0%C$3.34BC$1.59B2.32579Dividend Announcement
Analyst Forecast
IPCO
International Petroleum
1.4139 of 5 stars
C$24.38
+3.4%
C$22.75
-6.7%
+31.6%C$2.72BC$809.28M55.41N/ANews Coverage

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This page (TSE:CVE) was last updated on 10/16/2025 by MarketBeat.com Staff
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