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BKR vs. CVE: Baker Hughes vs. Cenovus Energy Stock Comparison

How do Baker Hughes (BKR) 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

Baker Hughes (BKR) and Cenovus Energy (CVE) both fall under the Energy industry group, but BKR is classified in Energy Equipment & Services while CVE is classified in Oil, Gas & Consumable Fuels.

Company profile comparison for Baker Hughes (BKR) and Cenovus Energy (CVE)
Profile ItemBKRCVE
NameBaker Hughes CompanyCenovus Energy Inc.
Country/RegionUnited StatesCanada
GICS SectorEnergyEnergy
GICS Industry GroupEnergyEnergy
GICS IndustryEnergy Equipment & ServicesOil, Gas & Consumable Fuels
GICS Sub-IndustryOil & Gas Equipment & ServicesIntegrated Oil & Gas
Market Capitalization47.54 billion USD49.61 billion USD
CurrencyUSDUSD
ExchangeNasdaqNYSE
Listing DateApril 6, 1987November 17, 2009
Security TypeCommon StockCommon Stock

Price Performance

Cumulative Growth

BKR
CVE
GSPC
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Baker Hughes (BKR) 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 Baker Hughes (BKR) and Cenovus Energy (CVE). Returns over one year are annualized.

Calendar-Year Returns

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

Performance Metrics

Price performance metrics for Baker Hughes (BKR) and Cenovus Energy (CVE)
MetricBKRCVE
Total Return (1Y)3.17%60.99%
Total Return (3Y, Annualized)15.12%19.41%
Total Return (5Y, Annualized)16.57%18.63%

Risk Profile

Drawdown History

BKR
CVE
GSPC
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Baker Hughes (BKR) 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 Baker Hughes (BKR) and Cenovus Energy (CVE). Each bar is the share of months whose return fell in that 5% bucket.

Risk Metrics

Risk profile metrics for Baker Hughes (BKR) and Cenovus Energy (CVE)
MetricBKRCVE
Volatility (1Y, Annualized)35.34%37.47%
Beta (5Y)1.100.43
Max Drawdown (5Y)-46.53%-53.51%
Avg. Volume (3M)7.67M6.90M

Risk-Adjusted Performance

Risk-Return Positioning

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BKR 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 Baker Hughes (BKR) and Cenovus Energy (CVE)
MetricBKRCVE
Sharpe Ratio (1Y)-0.031.51
Sortino Ratio (1Y)-0.042.20

Profitability

ROE (TTM)

Cenovus Energy (CVE) at 27.44% sits in the top ROE quartile, while Baker Hughes (BKR) at 15.06% is closer to the peer norm — stronger capital efficiency for CVE.

BKR

Energy industry group

15.06%

Max
53.85%
Q3
24.79%
BKR
15.06%
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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Baker Hughes (BKR) vs. Cenovus Energy (CVE): A comparison of their ROE against the Energy industry group benchmark.

Net Margin (TTM)

Both Baker Hughes (BKR) at 10.08% and Cenovus Energy (CVE) at 15.42% keep about the typical share of revenue as profit for their industries — neither bottom line stands out from peers.

BKR

Energy industry group

10.08%

Max
56.92%
Q3
22.92%
Median
10.10%
BKR
10.08%
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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Baker Hughes (BKR) vs. Cenovus Energy (CVE): A comparison of their net margin against the Energy industry group benchmark.

Operating Margin (TTM)

Both Baker Hughes (BKR) at 11.29% and Cenovus Energy (CVE) at 26.58% run core operations about as efficiently as their industries’ norm — neither stands out on operating profitability.

BKR

Energy industry group

11.29%

Max
71.31%
Q3
33.75%
Median
18.73%
BKR
11.29%
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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Baker Hughes (BKR) vs. Cenovus Energy (CVE): A comparison of their operating margin against the Energy industry group benchmark.

Profitability Metrics

Profitability metrics for Baker Hughes (BKR) and Cenovus Energy (CVE)
MetricBKRCVE
ROE (TTM)15.06%27.44%
ROA (TTM)4.46%12.05%
Net Margin (TTM)10.08%15.42%
Operating Margin (TTM)11.29%26.58%
Gross Margin (TTM)23.70%33.92%

Growth

Revenue Growth

Baker Hughes (BKR) at -0.35% is around its peer norm for revenue growth, while Cenovus Energy (CVE) at -8.62% drops into the bottom quartile, signaling weaker demand or pricing momentum.

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Baker Hughes (BKR) vs. Cenovus Energy (CVE): A comparison of their Revenue Growth across different time periods.

EPS Growth

Cenovus Energy (CVE) at 28.74% sits in the top EPS growth quartile, while Baker Hughes (BKR) at -12.75% is closer to the peer norm — faster per-share earnings growth for CVE.

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Baker Hughes (BKR) vs. Cenovus Energy (CVE): A comparison of their EPS Growth across different time periods.

Growth Metrics

Growth metrics for Baker Hughes (BKR) and Cenovus Energy (CVE)
MetricBKRCVE
Revenue Growth (YoY)-0.35%-8.62%
Revenue Growth (3Y CAGR)9.44%-9.75%
EPS Growth (YoY)-12.75%28.74%
EPS Growth (3Y CAGR)---12.42%

Financial Strength

Current Ratio (MRQ)

Both Baker Hughes (BKR) at 1.24 and Cenovus Energy (CVE) at 1.64 carry current ratio within their industries’ typical mid-ranges, suggesting balanced short-term liquidity relative to peers.

BKR

Energy industry group

1.24

Max
3.64
Q3
2.21
Median
1.41
BKR
1.24
Q1
0.88
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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Baker Hughes (BKR) vs. Cenovus Energy (CVE): A comparison of their current ratio against the Energy industry group benchmark.

Debt / Equity (MRQ)

Both Baker Hughes (BKR) at 0.89 and Cenovus Energy (CVE) at 0.33 fund their balance sheets with roughly industry-typical debt-to-equity mixes.

BKR

Energy industry group

0.89

Max
1.75
Q3
0.93
BKR
0.89
Median
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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Baker Hughes (BKR) 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 Baker Hughes (BKR) and Cenovus Energy (CVE)
MetricBKRCVE
Current Ratio (MRQ)1.241.64
Debt / Equity (MRQ)0.890.33
Net Debt / EBITDA2.570.35

Dividends

Dividend Yield (TTM)

Both Baker Hughes (BKR) at 1.99% and Cenovus Energy (CVE) at 3.04% pay solid, industry-typical yields, sitting squarely within their peers’ usual range.

BKR

Energy industry group

1.99%

Max
8.57%
Q3
3.58%
BKR
1.99%
Median
1.71%
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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Baker Hughes (BKR) vs. Cenovus Energy (CVE): A comparison of their dividend yield against the Energy industry group benchmark.

Dividend Payout Ratio (TTM)

Both Baker Hughes (BKR) at 31.62% and Cenovus Energy (CVE) at 22.84% keep payout ratio within their industries’ typical mid-ranges — dividend policies that share earnings without consuming too much of them.

BKR

Energy industry group

31.62%

Max
133.24%
Q3
53.31%
BKR
31.62%
Median
25.24%
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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Baker Hughes (BKR) vs. Cenovus Energy (CVE): A comparison of their payout ratio against the Energy industry group benchmark.

Dividend Metrics

Dividend metrics for Baker Hughes (BKR) and Cenovus Energy (CVE)
MetricBKRCVE
Dividend Yield (TTM)1.99%3.04%
Dividend Payout Ratio (TTM)31.62%22.84%

Valuation

P/E Ratio (TTM)

Both Baker Hughes (BKR) at 16.45 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.

BKR

Energy industry group

16.45

Max
39.54
Q3
21.72
BKR
16.45
Median
12.19
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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Baker Hughes (BKR) 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 Baker Hughes (BKR) at 1.65 prices around its industry’s middle — CVE costs less per dollar of sales, though read it alongside growth and margins.

BKR

Energy industry group

1.65

Max
5.40
Q3
2.85
Median
1.69
BKR
1.65
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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Baker Hughes (BKR) 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 Baker Hughes (BKR) at 2.36 and Cenovus Energy (CVE) at 1.98 are valued close to their industries’ norm against book — neither stands out from peers.

BKR

Energy industry group

2.36

Max
4.21
Q3
2.38
BKR
2.36
Median
1.51
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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Baker Hughes (BKR) vs. Cenovus Energy (CVE): A comparison of their P/B ratio against the Energy industry group benchmark.

Valuation Metrics

Valuation metrics for Baker Hughes (BKR) and Cenovus Energy (CVE)
MetricBKRCVE
P/E Ratio (TTM)16.4510.56
P/S Ratio (TTM)1.650.88
P/B Ratio (MRQ)2.361.98
Free Cash Flow Yield (TTM)10.69%20.71%