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Cenovus Energy (CVE) Competitors

Cenovus Energy logo
C$24.65 -0.10 (-0.40%)
As of 04:19 PM Eastern

CVE vs. CNQ, SU, IMO, OVV, ARX, 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), Ovintiv (OVV), ARC Resources (ARX), 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

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

60.8% of Canadian Natural Resources shares are held by institutional investors. Comparatively, 51.4% of Cenovus Energy shares are held by institutional investors. 4.3% of Canadian Natural Resources shares are held by company insiders. Comparatively, 32.0% of Cenovus Energy shares are held by company 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.

In the previous week, Canadian Natural Resources had 8 more articles in the media than Cenovus Energy. MarketBeat recorded 11 mentions for Canadian Natural Resources and 3 mentions for Cenovus Energy. Canadian Natural Resources' average media sentiment score of 1.20 beat Cenovus Energy's score of 1.19 indicating that Canadian Natural Resources is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Canadian Natural Resources
3 Very Positive mention(s)
1 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Cenovus Energy
2 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 pays an annual dividend of C$2.26 per share and has a dividend yield of 5.0%. Cenovus Energy pays an annual dividend of C$0.74 per share and has a dividend yield of 3.0%. Canadian Natural Resources pays out 57.4% of its earnings in the form of a dividend. Cenovus Energy pays out 51.4% 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.

Canadian Natural Resources has a beta of 0.97245, indicating that its share price is 3% less volatile than the S&P 500. Comparatively, Cenovus Energy has a beta of 0.780337, indicating that its share price is 22% less volatile than the S&P 500.

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 ResourcesC$43.85B2.15C$7.52BC$3.9411.49
Cenovus EnergyC$55.62B0.80C$3.69BC$1.4417.12

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
Canadian Natural Resources21.25% 19.14% 8.80%
Cenovus Energy 6.72%12.67%7.58%

Canadian Natural Resources currently has a consensus price target of C$54.75, suggesting a potential upside of 20.94%. Cenovus Energy has a consensus price target of C$27.90, suggesting a potential upside of 13.18%. Given Canadian Natural Resources' higher possible upside, research analysts clearly 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)
3 Hold rating(s)
8 Buy rating(s)
1 Strong Buy rating(s)
2.83
Cenovus Energy
0 Sell rating(s)
1 Hold rating(s)
9 Buy rating(s)
2 Strong Buy rating(s)
3.08

Summary

Canadian Natural Resources beats Cenovus Energy on 12 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$44.36BC$56.35BC$8.10BC$9.52B
Dividend Yield3.39%4.65%10.74%6.48%
P/E Ratio17.1275.3339.9325.97
Price / Sales0.8014.591,292.7610.04
Price / Cash13.716.1336.5483.29
Price / Book1.542.134.175.62
Net IncomeC$3.69BC$257.08BC$4.27BC$301.20M
7 Day Performance2.41%-0.34%2.10%1.70%
1 Month Performance6.48%10.45%5.24%9.20%
1 Year Performance7.45%14.23%17.20%37.17%

Cenovus Energy Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
CVE
Cenovus Energy
3.9433 of 5 stars
C$24.65
-0.4%
C$27.90
+13.2%
+6.0%C$44.36BC$55.62B17.126,000Positive News
High Trading Volume
CNQ
Canadian Natural Resources
4.3146 of 5 stars
C$44.15
+2.2%
C$54.75
+24.0%
-2.1%C$91.86BC$43.85B11.2110,272Positive News
Analyst Revision
SU
Suncor Energy
3.7959 of 5 stars
C$58.13
+0.7%
C$63.67
+9.5%
+14.9%C$70.53BC$53.64B12.8016,600Positive News
IMO
Imperial Oil
2.4617 of 5 stars
C$127.97
+1.6%
C$106.00
-17.2%
+36.1%C$65.14BC$47.18B14.115,300News Coverage
Analyst Forecast
OVV
Ovintiv
N/AC$56.06
-3.4%
N/A+8.8%C$14.41BC$9.21B24.701,740Trending News
Analyst Revision
ARX
ARC Resources
3.8167 of 5 stars
C$24.19
-0.4%
C$33.33
+37.8%
+11.8%C$14.07BC$6.24B9.56438Positive News
High Trading Volume
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
1.2804 of 5 stars
C$16.72
+2.4%
C$13.75
-17.8%
+92.7%C$4.90BC$193.59M139.3328,600Dividend Announcement
High Trading Volume
POU
Paramount Resources
3.1982 of 5 stars
C$20.22
-1.5%
C$24.33
+20.3%
-13.9%C$2.90BC$1.59B2.01579News Coverage
Analyst Forecast
IPCO
International Petroleum
0.8057 of 5 stars
C$23.99
flat
C$22.75
-5.2%
+34.9%C$2.70BC$809.28M54.52N/A

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This page (TSE:CVE) was last updated on 9/25/2025 by MarketBeat.com Staff
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