CVE vs. SU, IMO, CONA, TUSK, CNQ, ENB, TRP, CCO, PPL, and TOU
Should you be buying Cenovus Energy stock or one of its competitors? The main competitors of Cenovus Energy include Suncor Energy (SU), Imperial Oil (IMO), Cona Resources (CONA), Mammoth Energy Services (TUSK), Canadian Natural Resources (CNQ), Enbridge (ENB), TC Energy (TRP), Cameco (CCO), Pembina Pipeline (PPL), and Tourmaline Oil (TOU).
Suncor Energy (TSE:SU) and Cenovus Energy (TSE:CVE) are both large-cap energy companies, but which is the better investment? We will contrast the two companies based on the strength of their institutional ownership, earnings, risk, community ranking, dividends, media sentiment, valuation, analyst recommendations and profitability.
Suncor Energy has a beta of 1.5, suggesting that its share price is 50% more volatile than the S&P 500. Comparatively, Cenovus Energy has a beta of 2.77, suggesting that its share price is 177% more volatile than the S&P 500.
Suncor Energy presently has a consensus price target of C$61.61, indicating a potential upside of 10.80%. Cenovus Energy has a consensus price target of C$33.50, indicating a potential upside of 17.92%. Given Suncor Energy's stronger consensus rating and higher possible upside, analysts plainly believe Cenovus Energy is more favorable than Suncor Energy.
72.9% of Suncor Energy shares are held by institutional investors. Comparatively, 55.3% of Cenovus Energy shares are held by institutional investors. 0.0% of Suncor Energy shares are held by insiders. Comparatively, 31.5% of Cenovus Energy shares are held by 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.
In the previous week, Cenovus Energy had 6 more articles in the media than Suncor Energy. MarketBeat recorded 12 mentions for Cenovus Energy and 6 mentions for Suncor Energy. Cenovus Energy's average media sentiment score of 1.16 beat Suncor Energy's score of 0.75 indicating that Suncor Energy is being referred to more favorably in the media.
Suncor Energy has a net margin of 15.85% compared to Suncor Energy's net margin of 8.72%. Cenovus Energy's return on equity of 18.64% beat Suncor Energy's return on equity.
Suncor Energy pays an annual dividend of C$2.18 per share and has a dividend yield of 3.9%. Cenovus Energy pays an annual dividend of C$0.74 per share and has a dividend yield of 2.6%. Suncor Energy pays out 35.9% of its earnings in the form of a dividend. Cenovus Energy pays out 29.7% 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.
Suncor Energy received 37 more outperform votes than Cenovus Energy when rated by MarketBeat users. Likewise, 60.20% of users gave Suncor Energy an outperform vote while only 58.90% of users gave Cenovus Energy an outperform vote.
Suncor Energy has higher earnings, but lower revenue than Cenovus Energy. Suncor Energy is trading at a lower price-to-earnings ratio than Cenovus Energy, indicating that it is currently the more affordable of the two stocks.
Summary
Suncor Energy 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 CVE 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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