IMO vs. CVE, SU, TRP, PPL, CCO, TOU, OVV, ARX, ENB, and CNQ
Should you be buying Imperial Oil stock or one of its competitors? The main competitors of Imperial Oil include Cenovus Energy (CVE), Suncor Energy (SU), TC Energy (TRP), Pembina Pipeline (PPL), Cameco (CCO), Tourmaline Oil (TOU), Ovintiv (OVV), ARC Resources (ARX), Enbridge (ENB), and Canadian Natural Resources (CNQ). These companies are all part of the "energy" sector.
Imperial Oil (TSE:IMO) and Cenovus Energy (TSE:CVE) are both large-cap energy companies, but which is the better stock? We will contrast the two businesses based on the strength of their analyst recommendations, community ranking, dividends, risk, media sentiment, valuation, earnings, profitability and institutional ownership.
Imperial Oil has a beta of 1.84, indicating that its stock price is 84% more volatile than the S&P 500. Comparatively, Cenovus Energy has a beta of 2.79, indicating that its stock price is 179% more volatile than the S&P 500.
Cenovus Energy received 407 more outperform votes than Imperial Oil when rated by MarketBeat users. Likewise, 58.73% of users gave Cenovus Energy an outperform vote while only 36.09% of users gave Imperial Oil an outperform vote.
In the previous week, Imperial Oil had 8 more articles in the media than Cenovus Energy. MarketBeat recorded 11 mentions for Imperial Oil and 3 mentions for Cenovus Energy. Imperial Oil's average media sentiment score of 0.68 beat Cenovus Energy's score of 0.31 indicating that Imperial Oil is being referred to more favorably in the media.
Imperial Oil has a net margin of 9.64% compared to Cenovus Energy's net margin of 7.87%. Imperial Oil's return on equity of 21.91% beat Cenovus Energy's return on equity.
26.5% of Imperial Oil shares are owned by institutional investors. Comparatively, 55.6% of Cenovus Energy shares are owned by institutional investors. 69.6% of Imperial Oil shares are owned by company insiders. Comparatively, 31.5% of Cenovus Energy shares are owned by company 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.
Imperial Oil currently has a consensus price target of C$87.46, suggesting a potential downside of 4.48%. Cenovus Energy has a consensus price target of C$31.04, suggesting a potential upside of 20.95%. Given Cenovus Energy's stronger consensus rating and higher probable upside, analysts clearly believe Cenovus Energy is more favorable than Imperial Oil.
Imperial Oil has higher earnings, but lower revenue than Cenovus Energy. Imperial Oil is trading at a lower price-to-earnings ratio than Cenovus Energy, indicating that it is currently the more affordable of the two stocks.
Imperial Oil pays an annual dividend of C$2.40 per share and has a dividend yield of 2.6%. Cenovus Energy pays an annual dividend of C$0.56 per share and has a dividend yield of 2.2%. Imperial Oil pays out 28.3% of its earnings in the form of a dividend. Cenovus Energy pays out 26.4% 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
Imperial Oil and Cenovus Energy tied by winning 10 of the 20 factors compared between the two stocks.
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This chart shows the number of new MarketBeat users adding IMO and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
Skip ChartThis 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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