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CVE vs. EOG: Cenovus Energy vs. EOG Resources Stock Comparison

How do Cenovus Energy (CVE) and EOG Resources (EOG) 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

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

Company profile comparison for Cenovus Energy (CVE) and EOG Resources (EOG)
Profile ItemCVEEOG
NameCenovus Energy Inc.EOG Resources, Inc.
Country/RegionCanadaUnited States
GICS SectorEnergyEnergy
GICS Industry GroupEnergyEnergy
GICS IndustryOil, Gas & Consumable FuelsOil, Gas & Consumable Fuels
GICS Sub-IndustryIntegrated Oil & GasOil & Gas Exploration & Production
Market Capitalization49.61 billion USD76.28 billion USD
CurrencyUSDUSD
ExchangeNYSENYSE
Listing DateNovember 17, 2009October 4, 1989
Security TypeCommon StockCommon Stock

Price Performance

Cumulative Growth

CVE
EOG
GSPC
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Cenovus Energy (CVE) vs. EOG Resources (EOG), 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 Cenovus Energy (CVE) and EOG Resources (EOG). Returns over one year are annualized.

Calendar-Year Returns

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

Performance Metrics

Price performance metrics for Cenovus Energy (CVE) and EOG Resources (EOG)
MetricCVEEOG
Total Return (1Y)60.99%45.14%
Total Return (3Y, Annualized)19.41%10.80%
Total Return (5Y, Annualized)18.63%14.14%

Risk Profile

Drawdown History

CVE
EOG
GSPC
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Cenovus Energy (CVE) vs. EOG Resources (EOG), 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 Cenovus Energy (CVE) and EOG Resources (EOG). Each bar is the share of months whose return fell in that 5% bucket.

Risk Metrics

Risk profile metrics for Cenovus Energy (CVE) and EOG Resources (EOG)
MetricCVEEOG
Volatility (1Y, Annualized)37.47%30.35%
Beta (5Y)0.430.30
Max Drawdown (5Y)-53.51%-33.42%
Avg. Volume (3M)6.90M2.98M

Risk-Adjusted Performance

Risk-Return Positioning

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CVE and EOG 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 Cenovus Energy (CVE) and EOG Resources (EOG)
MetricCVEEOG
Sharpe Ratio (1Y)1.511.35
Sortino Ratio (1Y)2.201.95

Profitability

ROE (TTM)

Both Cenovus Energy (CVE) at 27.44% and EOG Resources (EOG) at 25.83% sit in the top peer quartile for ROE, suggesting each generates more profit from shareholders’ equity than typical industry peers.

CVE

Energy industry group

27.44%

Max
53.85%
CVE
27.44%
Q3
24.79%
Median
12.85%
Q1
2.03%
Min
-29.09%

EOG

Energy industry group

25.83%

Max
53.85%
EOG
25.83%
Q3
24.79%
Median
12.85%
Q1
2.03%
Min
-29.09%
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Cenovus Energy (CVE) vs. EOG Resources (EOG): A comparison of their ROE against the Energy industry group benchmark.

Net Margin (TTM)

EOG Resources (EOG) at 28.06% retains a top-quartile share of revenue as profit, ahead of Cenovus Energy (CVE) at 15.42%, which keeps about the industry-typical share.

CVE

Energy industry group

15.42%

Max
56.92%
Q3
22.92%
CVE
15.42%
Median
10.10%
Q1
0.07%
Min
-27.38%

EOG

Energy industry group

28.06%

Max
56.92%
EOG
28.06%
Q3
22.92%
Median
10.10%
Q1
0.07%
Min
-27.38%
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Cenovus Energy (CVE) vs. EOG Resources (EOG): A comparison of their net margin against the Energy industry group benchmark.

Operating Margin (TTM)

EOG Resources (EOG) at 40.84% operates in the top operating margin quartile, ahead of Cenovus Energy (CVE) at 26.58%, which runs around its industry’s norm.

CVE

Energy industry group

26.58%

Max
71.31%
Q3
33.75%
CVE
26.58%
Median
18.73%
Q1
6.94%
Min
-24.52%

EOG

Energy industry group

40.84%

Max
71.31%
EOG
40.84%
Q3
33.75%
Median
18.73%
Q1
6.94%
Min
-24.52%
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Cenovus Energy (CVE) vs. EOG Resources (EOG): A comparison of their operating margin against the Energy industry group benchmark.

Profitability Metrics

Profitability metrics for Cenovus Energy (CVE) and EOG Resources (EOG)
MetricCVEEOG
ROE (TTM)27.44%25.83%
ROA (TTM)12.05%11.90%
Net Margin (TTM)15.42%28.06%
Operating Margin (TTM)26.58%40.84%
Gross Margin (TTM)33.92%62.98%

Growth

Revenue Growth

EOG Resources (EOG) at -3.40% 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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Cenovus Energy (CVE) vs. EOG Resources (EOG): 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 EOG Resources (EOG) at -18.93% is closer to the peer norm — faster per-share earnings growth for CVE.

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

Growth Metrics

Growth metrics for Cenovus Energy (CVE) and EOG Resources (EOG)
MetricCVEEOG
Revenue Growth (YoY)-8.62%-3.40%
Revenue Growth (3Y CAGR)-9.75%-8.51%
EPS Growth (YoY)28.74%-18.93%
EPS Growth (3Y CAGR)-12.42%-11.64%

Financial Strength

Current Ratio (MRQ)

Both Cenovus Energy (CVE) at 1.64 and EOG Resources (EOG) at 1.90 carry current ratio within their industries’ typical mid-ranges, suggesting balanced short-term liquidity relative to peers.

CVE

Energy industry group

1.64

Max
3.64
Q3
2.21
CVE
1.64
Median
1.41
Q1
0.88
Min
0.24

EOG

Energy industry group

1.90

Max
3.64
Q3
2.21
EOG
1.90
Median
1.41
Q1
0.88
Min
0.24
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Cenovus Energy (CVE) vs. EOG Resources (EOG): A comparison of their current ratio against the Energy industry group benchmark.

Debt / Equity (MRQ)

EOG Resources (EOG) at 0.25 keeps leverage in the lower industry quartile, while Cenovus Energy (CVE) at 0.33 runs a more typical debt-to-equity mix.

CVE

Energy industry group

0.33

Max
1.75
Q3
0.93
Median
0.54
CVE
0.33
Q1
0.30
Min
0.00

EOG

Energy industry group

0.25

Max
1.75
Q3
0.93
Median
0.54
Q1
0.30
EOG
0.25
Min
0.00
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Cenovus Energy (CVE) vs. EOG Resources (EOG): A comparison of their debt-to-equity ratio against the Energy industry group benchmark.

Financial Strength Metrics

Financial strength metrics for Cenovus Energy (CVE) and EOG Resources (EOG)
MetricCVEEOG
Current Ratio (MRQ)1.641.90
Debt / Equity (MRQ)0.330.25
Net Debt / EBITDA0.350.16

Dividends

Dividend Yield (TTM)

Both Cenovus Energy (CVE) at 3.04% and EOG Resources (EOG) at 2.82% pay solid, industry-typical yields, sitting squarely within their peers’ usual range.

CVE

Energy industry group

3.04%

Max
8.57%
Q3
3.58%
CVE
3.04%
Median
1.71%
Q1
0.00%
Min
0.00%

EOG

Energy industry group

2.82%

Max
8.57%
Q3
3.58%
EOG
2.82%
Median
1.71%
Q1
0.00%
Min
0.00%
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Cenovus Energy (CVE) vs. EOG Resources (EOG): A comparison of their dividend yield against the Energy industry group benchmark.

Dividend Payout Ratio (TTM)

Both Cenovus Energy (CVE) at 22.84% and EOG Resources (EOG) at 26.34% keep payout ratio within their industries’ typical mid-ranges — dividend policies that share earnings without consuming too much of them.

CVE

Energy industry group

22.84%

Max
133.24%
Q3
53.31%
Median
25.24%
CVE
22.84%
Q1
0.00%
Min
0.00%

EOG

Energy industry group

26.34%

Max
133.24%
Q3
53.31%
EOG
26.34%
Median
25.24%
Q1
0.00%
Min
0.00%
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Cenovus Energy (CVE) vs. EOG Resources (EOG): A comparison of their payout ratio against the Energy industry group benchmark.

Dividend Metrics

Dividend metrics for Cenovus Energy (CVE) and EOG Resources (EOG)
MetricCVEEOG
Dividend Yield (TTM)3.04%2.82%
Dividend Payout Ratio (TTM)22.84%26.34%

Valuation

P/E Ratio (TTM)

Both Cenovus Energy (CVE) at 10.56 and EOG Resources (EOG) at 9.50 land around their industries’ usual P/E ratio levels — neither is getting a clear earnings-multiple discount or premium versus peers.

CVE

Energy industry group

10.56

Max
39.54
Q3
21.72
Median
12.19
CVE
10.56
Q1
7.71
Min
2.99

EOG

Energy industry group

9.50

Max
39.54
Q3
21.72
Median
12.19
EOG
9.50
Q1
7.71
Min
2.99
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Cenovus Energy (CVE) vs. EOG Resources (EOG): 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 EOG Resources (EOG) at 2.61 prices around its industry’s middle — CVE costs less per dollar of sales, though read it alongside growth and margins.

CVE

Energy industry group

0.88

Max
5.40
Q3
2.85
Median
1.69
Q1
0.88
CVE
0.88
Min
0.00

EOG

Energy industry group

2.61

Max
5.40
Q3
2.85
EOG
2.61
Median
1.69
Q1
0.88
Min
0.00
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Cenovus Energy (CVE) vs. EOG Resources (EOG): A comparison of their P/S ratio against the Energy industry group benchmark.

P/B Ratio (MRQ)

On P/B ratio, both Cenovus Energy (CVE) at 1.98 and EOG Resources (EOG) at 2.31 are valued close to their industries’ norm against book — neither stands out from peers.

CVE

Energy industry group

1.98

Max
4.21
Q3
2.38
CVE
1.98
Median
1.51
Q1
1.08
Min
0.01

EOG

Energy industry group

2.31

Max
4.21
Q3
2.38
EOG
2.31
Median
1.51
Q1
1.08
Min
0.01
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Cenovus Energy (CVE) vs. EOG Resources (EOG): A comparison of their P/B ratio against the Energy industry group benchmark.

Valuation Metrics

Valuation metrics for Cenovus Energy (CVE) and EOG Resources (EOG)
MetricCVEEOG
P/E Ratio (TTM)10.569.50
P/S Ratio (TTM)0.882.61
P/B Ratio (MRQ)1.982.31
Free Cash Flow Yield (TTM)20.71%7.29%