CVE vs. PBR, CNQ, EOG, PXD, OXY, E, FANG, DVN, CTRA, and EQT
Should you be buying Cenovus Energy stock or one of its competitors? The main competitors of Cenovus Energy include Petróleo Brasileiro S.A. - Petrobras (PBR), Canadian Natural Resources (CNQ), EOG Resources (EOG), Pioneer Natural Resources (PXD), Occidental Petroleum (OXY), ENI (E), Diamondback Energy (FANG), Devon Energy (DVN), Coterra Energy (CTRA), and EQT (EQT). These companies are all part of the "crude petroleum & natural gas" industry.
Petróleo Brasileiro S.A. - Petrobras (NYSE:PBR) and Cenovus Energy (NYSE:CVE) are both oils/energy companies, but which is the better business? We will compare the two businesses based on the strength of their analyst recommendations, dividends, media sentiment, earnings, risk, community ranking, valuation, institutional ownership and profitability.
Petróleo Brasileiro S.A. - Petrobras has a beta of 1.42, meaning that its stock price is 42% more volatile than the S&P 500. Comparatively, Cenovus Energy has a beta of 2.1, meaning that its stock price is 110% more volatile than the S&P 500.
51.2% of Cenovus Energy shares are owned by institutional investors. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a stock will outperform the market over the long term.
In the previous week, Petróleo Brasileiro S.A. - Petrobras had 3 more articles in the media than Cenovus Energy. MarketBeat recorded 9 mentions for Petróleo Brasileiro S.A. - Petrobras and 6 mentions for Cenovus Energy. Petróleo Brasileiro S.A. - Petrobras' average media sentiment score of 1.19 beat Cenovus Energy's score of 0.28 indicating that Cenovus Energy is being referred to more favorably in the news media.
Cenovus Energy received 78 more outperform votes than Petróleo Brasileiro S.A. - Petrobras when rated by MarketBeat users. Likewise, 60.28% of users gave Cenovus Energy an outperform vote while only 56.77% of users gave Petróleo Brasileiro S.A. - Petrobras an outperform vote.
Petróleo Brasileiro S.A. - Petrobras pays an annual dividend of $0.84 per share and has a dividend yield of 5.4%. Cenovus Energy pays an annual dividend of $0.39 per share and has a dividend yield of 1.9%. Petróleo Brasileiro S.A. - Petrobras pays out 24.4% of its earnings in the form of a dividend. Cenovus Energy pays out 21.7% 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. Petróleo Brasileiro S.A. - Petrobras has increased its dividend for 1 consecutive years and Cenovus Energy has increased its dividend for 3 consecutive years.
Petróleo Brasileiro S.A. - Petrobras has a net margin of 22.46% compared to Petróleo Brasileiro S.A. - Petrobras' net margin of 8.73%. Cenovus Energy's return on equity of 31.07% beat Petróleo Brasileiro S.A. - Petrobras' return on equity.
Petróleo Brasileiro S.A. - Petrobras currently has a consensus target price of $16.33, indicating a potential upside of 4.95%. Cenovus Energy has a consensus target price of $26.67, indicating a potential upside of 28.02%. Given Petróleo Brasileiro S.A. - Petrobras' stronger consensus rating and higher possible upside, analysts clearly believe Cenovus Energy is more favorable than Petróleo Brasileiro S.A. - Petrobras.
Petróleo Brasileiro S.A. - Petrobras has higher revenue and earnings than Cenovus Energy. Petróleo Brasileiro S.A. - Petrobras 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
Cenovus Energy beats Petróleo Brasileiro S.A. - Petrobras on 11 of the 19 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 NYSE 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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