IMO vs. CVE, SU, TRP, CCO, PPL, 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), Cameco (CCO), Pembina Pipeline (PPL), 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 business? We will compare the two companies based on the strength of their media sentiment, institutional ownership, valuation, risk, analyst recommendations, community ranking, profitability, dividends and earnings.
Imperial Oil pays an annual dividend of C$2.40 per share and has a dividend yield of 2.5%. Cenovus Energy pays an annual dividend of C$0.56 per share and has a dividend yield of 1.9%. 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.
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 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.
Cenovus Energy received 413 more outperform votes than Imperial Oil when rated by MarketBeat users. Likewise, 58.84% of users gave Cenovus Energy an outperform vote while only 35.72% of users gave Imperial Oil an outperform vote.
Imperial Oil has a beta of 1.84, indicating that its share price is 84% more volatile than the S&P 500. Comparatively, Cenovus Energy has a beta of 2.78, indicating that its share price is 178% more volatile than the S&P 500.
In the previous week, Imperial Oil and Imperial Oil both had 9 articles in the media. Cenovus Energy's average media sentiment score of 1.02 beat Imperial Oil's score of 0.50 indicating that Cenovus Energy is being referred to more favorably in the news media.
26.4% of Imperial Oil shares are owned by institutional investors. Comparatively, 55.5% of Cenovus Energy shares are owned by institutional investors. 69.6% of Imperial Oil shares are owned by insiders. Comparatively, 31.5% of Cenovus Energy shares are owned by insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a stock is poised for long-term growth.
Imperial Oil presently has a consensus price target of C$95.69, suggesting a potential downside of 0.90%. Cenovus Energy has a consensus price target of C$33.35, suggesting a potential upside of 13.73%. Given Cenovus Energy's stronger consensus rating and higher possible upside, analysts clearly believe Cenovus Energy is more favorable than Imperial Oil.
Summary
Cenovus Energy beats Imperial Oil on 12 of the 19 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.
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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