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AR vs. CVE: Antero Resources vs. Cenovus Energy Stock Comparison

How do Antero Resources (AR) and Cenovus Energy (CVE) stack up? This page sets them side by side across company profile, performance and risk, profitability, growth, financial strength, dividends, and valuation, with selected fundamentals also measured against each stock's industry-group peers.

Company Profile

Antero Resources (AR) and Cenovus Energy (CVE) both belong to the Oil, Gas & Consumable Fuels industry, though AR is classified under Oil & Gas Exploration & Production while CVE falls under Integrated Oil & Gas.

Company profile comparison for Antero Resources (AR) and Cenovus Energy (CVE)
Profile ItemARCVE
NameAntero Resources CorporationCenovus Energy Inc.
Country/RegionUnited StatesCanada
GICS SectorEnergyEnergy
GICS Industry GroupEnergyEnergy
GICS IndustryOil, Gas & Consumable FuelsOil, Gas & Consumable Fuels
GICS Sub-IndustryOil & Gas Exploration & ProductionIntegrated Oil & Gas
Market Capitalization11.08 billion USD49.61 billion USD
CurrencyUSDUSD
ExchangeNYSENYSE
Listing DateOctober 10, 2013November 17, 2009
Security TypeCommon StockCommon Stock

Price Performance

Cumulative Growth

AR
CVE
GSPC
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Antero Resources (AR) vs. Cenovus Energy (CVE), with S&P 500 (GSPC) for reference: Growth of a $10,000 investment over the past five years. Adjusted for dividends and splits.

Trailing Returns

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Trailing total returns for Antero Resources (AR) and Cenovus Energy (CVE). Returns over one year are annualized.

Calendar-Year Returns

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Calendar-year total returns for Antero Resources (AR) and Cenovus Energy (CVE). Each bar is that year's total return, measured year-end to year-end.

Performance Metrics

Price performance metrics for Antero Resources (AR) and Cenovus Energy (CVE)
MetricARCVE
Total Return (1Y)7.96%60.99%
Total Return (3Y, Annualized)11.53%19.41%
Total Return (5Y, Annualized)12.31%18.63%

Risk Profile

Drawdown History

AR
CVE
GSPC
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Antero Resources (AR) vs. Cenovus Energy (CVE), with S&P 500 (GSPC) for reference: Drawdown from the running peak over the past five years. Each line shows the decline from its prior peak; 0% marks a new high.

Return Distribution

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Distribution of monthly total returns for Antero Resources (AR) and Cenovus Energy (CVE). Each bar is the share of months whose return fell in that 5% bucket.

Risk Metrics

Risk profile metrics for Antero Resources (AR) and Cenovus Energy (CVE)
MetricARCVE
Volatility (1Y, Annualized)37.70%37.47%
Beta (5Y)0.520.43
Max Drawdown (5Y)-58.39%-53.51%
Avg. Volume (3M)4.04M6.90M

Risk-Adjusted Performance

Risk-Return Positioning

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AR and CVE are plotted by 1-year volatility (risk) and 1-year return. The dashed Capital Allocation Line runs from the risk-free rate through the shared industry median.

Risk-Adjusted Metrics

Risk-adjusted metrics for Antero Resources (AR) and Cenovus Energy (CVE)
MetricARCVE
Sharpe Ratio (1Y)0.101.51
Sortino Ratio (1Y)0.142.20

Profitability

ROE (TTM)

Cenovus Energy (CVE) at 27.44% sits in the top ROE quartile, while Antero Resources (AR) at 17.39% is closer to the peer norm — stronger capital efficiency for CVE.

AR

Energy industry group

17.39%

Max
53.85%
Q3
24.79%
AR
17.39%
Median
12.85%
Q1
2.03%
Min
-29.09%

CVE

Energy industry group

27.44%

Max
53.85%
CVE
27.44%
Q3
24.79%
Median
12.85%
Q1
2.03%
Min
-29.09%
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Antero Resources (AR) vs. Cenovus Energy (CVE): A comparison of their ROE against the Energy industry group benchmark.

Net Margin (TTM)

Antero Resources (AR) at 22.98% retains a top-quartile share of revenue as profit, ahead of Cenovus Energy (CVE) at 15.42%, which keeps about the industry-typical share.

AR

Energy industry group

22.98%

Max
56.92%
AR
22.98%
Q3
22.92%
Median
10.10%
Q1
0.07%
Min
-27.38%

CVE

Energy industry group

15.42%

Max
56.92%
Q3
22.92%
CVE
15.42%
Median
10.10%
Q1
0.07%
Min
-27.38%
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Antero Resources (AR) vs. Cenovus Energy (CVE): A comparison of their net margin against the Energy industry group benchmark.

Operating Margin (TTM)

Both Antero Resources (AR) at 29.50% and Cenovus Energy (CVE) at 26.58% run core operations about as efficiently as their industries’ norm — neither stands out on operating profitability.

AR

Energy industry group

29.50%

Max
71.31%
Q3
33.75%
AR
29.50%
Median
18.73%
Q1
6.94%
Min
-24.52%

CVE

Energy industry group

26.58%

Max
71.31%
Q3
33.75%
CVE
26.58%
Median
18.73%
Q1
6.94%
Min
-24.52%
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Antero Resources (AR) vs. Cenovus Energy (CVE): A comparison of their operating margin against the Energy industry group benchmark.

Profitability Metrics

Profitability metrics for Antero Resources (AR) and Cenovus Energy (CVE)
MetricARCVE
ROE (TTM)17.39%27.44%
ROA (TTM)7.69%12.05%
Net Margin (TTM)22.98%15.42%
Operating Margin (TTM)29.50%26.58%
Gross Margin (TTM)68.28%33.92%

Growth

Revenue Growth

Antero Resources (AR) at 21.73% sits in the top revenue growth quartile, while Cenovus Energy (CVE) at -8.62% is in the bottom quartile, showing a clear gap in revenue momentum.

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Antero Resources (AR) vs. Cenovus Energy (CVE): A comparison of their Revenue Growth across different time periods.

EPS Growth

Both companies show strong earnings momentum, but Antero Resources (AR) at 1,027.78% is the standout with EPS growth above its industry range; Cenovus Energy (CVE) at 28.74% also sits in the top quartile.

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Antero Resources (AR) vs. Cenovus Energy (CVE): A comparison of their EPS Growth across different time periods.

Growth Metrics

Growth metrics for Antero Resources (AR) and Cenovus Energy (CVE)
MetricARCVE
Revenue Growth (YoY)21.73%-8.62%
Revenue Growth (3Y CAGR)-15.47%-9.75%
EPS Growth (YoY)1,027.78%28.74%
EPS Growth (3Y CAGR)-29.41%-12.42%

Financial Strength

Current Ratio (MRQ)

Cenovus Energy (CVE) at 1.64 keeps current ratio within its industry’s typical mid-range, while Antero Resources (AR) at 0.39 runs in the tighter-liquidity quartile — a thinner cushion against current liabilities for AR.

AR

Energy industry group

0.39

Max
3.64
Q3
2.21
Median
1.41
Q1
0.88
AR
0.39
Min
0.24

CVE

Energy industry group

1.64

Max
3.64
Q3
2.21
CVE
1.64
Median
1.41
Q1
0.88
Min
0.24
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Antero Resources (AR) vs. Cenovus Energy (CVE): A comparison of their current ratio against the Energy industry group benchmark.

Debt / Equity (MRQ)

Both Antero Resources (AR) at 0.54 and Cenovus Energy (CVE) at 0.33 fund their balance sheets with roughly industry-typical debt-to-equity mixes.

AR

Energy industry group

0.54

Max
1.75
Q3
0.93
Median
0.54
AR
0.54
Q1
0.30
Min
0.00

CVE

Energy industry group

0.33

Max
1.75
Q3
0.93
Median
0.54
CVE
0.33
Q1
0.30
Min
0.00
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Antero Resources (AR) vs. Cenovus Energy (CVE): A comparison of their debt-to-equity ratio against the Energy industry group benchmark.

Financial Strength Metrics

Financial strength metrics for Antero Resources (AR) and Cenovus Energy (CVE)
MetricARCVE
Current Ratio (MRQ)0.391.64
Debt / Equity (MRQ)0.540.33
Net Debt / EBITDA--0.35

Dividends

Dividend Yield (TTM)

Antero Resources (AR) pays no dividend (yield 0.00%) — it may be reinvesting, using buybacks, or simply not returning cash through dividends. Meanwhile Cenovus Energy (CVE) reports a yield of 3.04%, ranking against industry peers normally.

AR

Energy industry group

0.00%

Max
8.57%
Q3
3.58%
Median
1.71%
AR
0.00%
Q1
0.00%
Min
0.00%

CVE

Energy industry group

3.04%

Max
8.57%
Q3
3.58%
CVE
3.04%
Median
1.71%
Q1
0.00%
Min
0.00%
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Antero Resources (AR) vs. Cenovus Energy (CVE): A comparison of their dividend yield against the Energy industry group benchmark.

Dividend Payout Ratio (TTM)

Antero Resources (AR) pays no dividend (payout 0.00%) — it may be reinvesting, using buybacks, or simply not returning cash through dividends. Meanwhile Cenovus Energy (CVE) reports a payout of 22.84%, ranking against industry peers normally.

AR

Energy industry group

0.00%

Max
133.24%
Q3
53.31%
Median
25.24%
AR
0.00%
Q1
0.00%
Min
0.00%

CVE

Energy industry group

22.84%

Max
133.24%
Q3
53.31%
Median
25.24%
CVE
22.84%
Q1
0.00%
Min
0.00%
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Antero Resources (AR) vs. Cenovus Energy (CVE): A comparison of their payout ratio against the Energy industry group benchmark.

Dividend Metrics

Dividend metrics for Antero Resources (AR) and Cenovus Energy (CVE)
MetricARCVE
Dividend Yield (TTM)0.00%3.04%
Dividend Payout Ratio (TTM)0.00%22.84%

Valuation

P/E Ratio (TTM)

Both Antero Resources (AR) at 8.14 and Cenovus Energy (CVE) at 10.56 land around their industries’ usual P/E ratio levels — neither is getting a clear earnings-multiple discount or premium versus peers.

AR

Energy industry group

8.14

Max
39.54
Q3
21.72
Median
12.19
AR
8.14
Q1
7.71
Min
2.99

CVE

Energy industry group

10.56

Max
39.54
Q3
21.72
Median
12.19
CVE
10.56
Q1
7.71
Min
2.99
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Antero Resources (AR) vs. Cenovus Energy (CVE): A comparison of their P/E ratio against the Energy industry group benchmark.

P/S Ratio (TTM)

Cenovus Energy (CVE) at 0.88 sits in the cheaper P/S ratio quartile while Antero Resources (AR) at 1.85 prices around its industry’s middle — CVE costs less per dollar of sales, though read it alongside growth and margins.

AR

Energy industry group

1.85

Max
5.40
Q3
2.85
AR
1.85
Median
1.69
Q1
0.88
Min
0.00

CVE

Energy industry group

0.88

Max
5.40
Q3
2.85
Median
1.69
Q1
0.88
CVE
0.88
Min
0.00
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Antero Resources (AR) vs. Cenovus Energy (CVE): A comparison of their P/S ratio against the Energy industry group benchmark.

P/B Ratio (MRQ)

On P/B ratio, both Antero Resources (AR) at 1.28 and Cenovus Energy (CVE) at 1.98 are valued close to their industries’ norm against book — neither stands out from peers.

AR

Energy industry group

1.28

Max
4.21
Q3
2.38
Median
1.51
AR
1.28
Q1
1.08
Min
0.01

CVE

Energy industry group

1.98

Max
4.21
Q3
2.38
CVE
1.98
Median
1.51
Q1
1.08
Min
0.01
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Antero Resources (AR) vs. Cenovus Energy (CVE): A comparison of their P/B ratio against the Energy industry group benchmark.

Valuation Metrics

Valuation metrics for Antero Resources (AR) and Cenovus Energy (CVE)
MetricARCVE
P/E Ratio (TTM)8.1410.56
P/S Ratio (TTM)1.850.88
P/B Ratio (MRQ)1.281.98
Free Cash Flow Yield (TTM)2.37%20.71%