Free Trial

Cenovus Energy (CVE) Competitors

Cenovus Energy logo
C$20.77 -0.14 (-0.67%)
As of 08/15/2025 04:00 PM Eastern

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

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 Coro Mining (COP). 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 investment? We will compare the two companies based on the strength of their dividends, analyst recommendations, risk, earnings, profitability, institutional ownership, media sentiment and valuation.

Cenovus Energy pays an annual dividend of C$0.72 per share and has a dividend yield of 3.5%. Canadian Natural Resources pays an annual dividend of C$2.14 per share and has a dividend yield of 5.2%. 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.

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.

Cenovus Energy presently has a consensus price target of C$27.72, indicating a potential upside of 33.47%. Canadian Natural Resources has a consensus price target of C$54.75, indicating a potential upside of 32.79%. Given Cenovus Energy's stronger consensus rating and higher possible upside, research 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)
4 Hold rating(s)
8 Buy rating(s)
1 Strong Buy rating(s)
2.77

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%

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, endowments and large money managers 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$54.87B0.69C$3.69BC$2.0310.24
Canadian Natural ResourcesC$35.38B2.45C$7.52BC$3.6011.45

In the previous week, Cenovus Energy had 2 more articles in the media than Canadian Natural Resources. MarketBeat recorded 5 mentions for Cenovus Energy and 3 mentions for Canadian Natural Resources. Canadian Natural Resources' average media sentiment score of 1.06 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
0 Very Positive mention(s)
4 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Canadian Natural Resources
2 Very Positive mention(s)
1 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Summary

Canadian Natural Resources beats Cenovus Energy on 11 of the 18 factors compared between the two stocks.

Get Cenovus Energy News Delivered to You Automatically

Sign up to receive the latest news and ratings for CVE and its competitors with MarketBeat's FREE daily newsletter.

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.
Skip Chart

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.
Skip Chart

CVE vs. The Competition

MetricCenovus EnergyOil & Gas Integrated IndustryEnergy SectorTSE Exchange
Market CapC$37.83BC$71.59BC$7.75BC$6.38B
Dividend Yield3.74%4.73%10.97%6.72%
P/E Ratio10.247.3272.9567.51
Price / Sales0.6913.9424,874.831,649.63
Price / Cash13.716.1335.8883.29
Price / Book1.301.844.184.89
Net IncomeC$3.69BC$257.08BC$4.25BC$301.20M
7 Day Performance1.47%-0.42%0.20%1.19%
1 Month Performance8.63%-0.18%1.29%2.28%
1 Year Performance-22.62%-0.04%8.96%27.67%

Cenovus Energy Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
CVE
Cenovus Energy
4.4615 of 5 stars
C$20.77
-0.7%
C$27.72
+33.5%
-23.9%C$37.83BC$54.87B10.246,000
CNQ
Canadian Natural Resources
4.3596 of 5 stars
C$41.20
-1.2%
C$54.75
+32.9%
-18.3%C$86.46BC$35.38B11.4410,272Positive News
SU
Suncor Energy
4.2861 of 5 stars
C$53.45
-0.9%
C$62.67
+17.2%
-6.0%C$67.04BC$52.29B8.4416,600
IMO
Imperial Oil
2.4501 of 5 stars
C$114.97
-2.3%
C$106.00
-7.8%
+9.5%C$60.02BC$48.47B12.355,300
ARX
ARC Resources
3.5367 of 5 stars
C$27.46
+1.2%
C$33.25
+21.1%
+2.9%C$16.16BC$5.31B14.48438Positive News
OVV
Ovintiv
N/AC$53.71
-2.1%
N/A-9.5%C$9.77BC$6.82B4.921,740
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
SSL
Sandstorm Gold
0.9346 of 5 stars
C$14.55
+1.5%
C$12.70
-12.7%
+100.0%C$3.05BC$108.71M96.8228,600News Coverage
Analyst Revision
Gap Down
POU
Paramount Resources
3.6582 of 5 stars
C$20.22
-0.3%
C$24.33
+20.3%
-30.8%C$3.01BC$1.93B8.28579News Coverage
Dividend Announcement
COP
Coro Mining
N/AN/AN/AN/AC$2.41BN/A-6.009,500Gap Up

Related Companies and Tools


This page (TSE:CVE) was last updated on 8/16/2025 by MarketBeat.com Staff
From Our Partners