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Cenovus Energy (CVE) Competitors

Cenovus Energy logo
C$18.50 +0.10 (+0.54%)
As of 05/22/2025 04:00 PM Eastern

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

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), Paramount Resources (POU), Coro Mining (COP), and Sandstorm Gold (SSL). These companies are all part of the "petroleum and natural gas" industry.

Cenovus Energy vs.

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

Cenovus Energy pays an annual dividend of C$0.72 per share and has a dividend yield of 3.9%. Canadian Natural Resources pays an annual dividend of C$2.14 per share and has a dividend yield of 5.0%. Cenovus Energy pays out 35.5% of its earnings in the form of a dividend. Canadian Natural Resources pays out 59.4% 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.

54.2% of Cenovus Energy shares are held by institutional investors. Comparatively, 77.8% 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 hedge funds, large money managers and endowments believe a company is poised for long-term growth.

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 EnergyC$54.87B0.61C$3.69BC$2.039.12
Canadian Natural ResourcesC$35.38B2.54C$7.52BC$3.6011.87

Canadian Natural Resources received 54 more outperform votes than Cenovus Energy when rated by MarketBeat users. However, 58.68% of users gave Cenovus Energy an outperform vote while only 58.50% of users gave Canadian Natural Resources an outperform vote.

CompanyUnderperformOutperform
Cenovus EnergyOutperform Votes
710
58.68%
Underperform Votes
500
41.32%
Canadian Natural ResourcesOutperform Votes
764
58.50%
Underperform Votes
542
41.50%

Cenovus Energy presently has a consensus target price of C$28.15, indicating a potential upside of 52.16%. Canadian Natural Resources has a consensus target price of C$54.25, indicating a potential upside of 26.84%. Given Cenovus Energy's stronger consensus rating and higher possible upside, equities 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)
3 Hold rating(s)
7 Buy rating(s)
1 Strong Buy rating(s)
2.82
Canadian Natural Resources
0 Sell rating(s)
5 Hold rating(s)
8 Buy rating(s)
1 Strong Buy rating(s)
2.71

In the previous week, Cenovus Energy had 4 more articles in the media than Canadian Natural Resources. MarketBeat recorded 7 mentions for Cenovus Energy and 3 mentions for Canadian Natural Resources. Canadian Natural Resources' average media sentiment score of 1.09 beat Cenovus Energy's score of 0.61 indicating that Canadian Natural Resources is being referred to more favorably in the news media.

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

Cenovus Energy has a beta of 2.63, indicating that its share price is 163% more volatile than the S&P 500. Comparatively, Canadian Natural Resources has a beta of 1.89, indicating that its share price is 89% more volatile than the S&P 500.

Summary

Canadian Natural 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 {thisCompany.Symbol} 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$33.70BC$58.86BC$7.27BC$5.94B
Dividend Yield3.74%5.88%11.00%6.32%
P/E Ratio9.126.4953.7629.92
Price / Sales0.6111.5924,457.04823.31
Price / Cash13.715.7035.5083.71
Price / Book1.151.923.543.99
Net IncomeC$3.69BC$231.25BC$4.30BC$301.32M
7 Day Performance-3.55%2.86%-1.13%0.43%
1 Month Performance11.24%7.23%5.76%6.45%
1 Year Performance-32.48%-5.47%178.62%17.05%

Cenovus Energy Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
CVE
Cenovus Energy
4.5703 of 5 stars
C$18.50
+0.5%
C$28.15
+52.2%
-32.4%C$33.70BC$54.87B9.126,000Insider Trade
CNQ
Canadian Natural Resources
4.653 of 5 stars
C$42.90
-0.6%
C$54.08
+26.1%
-58.6%C$90.03BC$35.38B11.9110,272Analyst Forecast
SU
Suncor Energy
4.4428 of 5 stars
C$49.86
-0.8%
C$62.58
+25.5%
-11.5%C$62.54BC$52.29B7.8716,600Positive News
Analyst Forecast
IMO
Imperial Oil
2.3651 of 5 stars
C$101.36
+0.4%
C$103.78
+2.4%
+5.9%C$52.91BC$48.47B10.895,300
ARX
ARC Resources
3.2085 of 5 stars
C$29.15
+1.9%
C$32.32
+10.9%
+14.6%C$17.16BC$5.31B15.37438News Coverage
Analyst Forecast
Gap Up
OVV
Ovintiv
N/AC$52.21
-0.6%
N/A-25.9%C$9.50BC$6.82B4.791,740
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
POU
Paramount Resources
3.6223 of 5 stars
C$19.01
+1.3%
C$23.00
+21.0%
-40.3%C$2.83BC$1.93B7.78579News Coverage
Dividend Announcement
Analyst Forecast
COP
Coro Mining
N/AN/AN/AN/AC$2.41BN/A-6.009,500Gap Up
SSL
Sandstorm Gold
0.5646 of 5 stars
C$11.47
+0.8%
C$11.21
-2.3%
+46.5%C$2.40BC$108.71M76.3228,600

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This page (TSE:CVE) was last updated on 5/23/2025 by MarketBeat.com Staff
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