Seek Returns

CVE vs. EQT: Cenovus Energy vs. EQT Stock Comparison

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

Company profile comparison for Cenovus Energy (CVE) and EQT (EQT)
Profile ItemCVEEQT
NameCenovus Energy Inc.EQT Corporation
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 USD30.90 billion USD
CurrencyUSDUSD
ExchangeNYSENYSE
Listing DateNovember 17, 2009March 17, 1980
Security TypeCommon StockCommon Stock

Price Performance

Cumulative Growth

CVE
EQT
GSPC
Loading price history…
Cenovus Energy (CVE) vs. EQT (EQT), 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

Loading price history…
Trailing total returns for Cenovus Energy (CVE) and EQT (EQT). Returns over one year are annualized.

Calendar-Year Returns

Loading price history…
Calendar-year total returns for Cenovus Energy (CVE) and EQT (EQT). Each bar is that year's total return, measured year-end to year-end.

Performance Metrics

Price performance metrics for Cenovus Energy (CVE) and EQT (EQT)
MetricCVEEQT
Total Return (1Y)60.99%-12.42%
Total Return (3Y, Annualized)19.41%9.89%
Total Return (5Y, Annualized)18.63%21.61%

Risk Profile

Drawdown History

CVE
EQT
GSPC
Loading price history…
Cenovus Energy (CVE) vs. EQT (EQT), 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

Loading price history…
Distribution of monthly total returns for Cenovus Energy (CVE) and EQT (EQT). Each bar is the share of months whose return fell in that 5% bucket.

Risk Metrics

Risk profile metrics for Cenovus Energy (CVE) and EQT (EQT)
MetricCVEEQT
Volatility (1Y, Annualized)37.47%30.02%
Beta (5Y)0.430.70
Max Drawdown (5Y)-53.51%-42.56%
Avg. Volume (3M)6.90M7.75M

Risk-Adjusted Performance

Risk-Return Positioning

Loading chart…
CVE and EQT 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 EQT (EQT)
MetricCVEEQT
Sharpe Ratio (1Y)1.51-0.56
Sortino Ratio (1Y)2.20-0.80

Profitability

ROE (TTM)

Cenovus Energy (CVE) at 27.44% sits in the top ROE quartile, while EQT (EQT) at 10.49% is closer to the peer norm — stronger capital efficiency for CVE.

CVE

Energy industry group

27.44%

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

EQT

Energy industry group

10.49%

Max
53.85%
Q3
24.79%
Median
12.85%
EQT
10.49%
Q1
2.03%
Min
-29.09%
Loading chart…
Cenovus Energy (CVE) vs. EQT (EQT): A comparison of their ROE against the Energy industry group benchmark.

Net Margin (TTM)

EQT (EQT) at 29.01% 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%

EQT

Energy industry group

29.01%

Max
56.92%
EQT
29.01%
Q3
22.92%
Median
10.10%
Q1
0.07%
Min
-27.38%
Loading chart…
Cenovus Energy (CVE) vs. EQT (EQT): A comparison of their net margin against the Energy industry group benchmark.

Operating Margin (TTM)

Both Cenovus Energy (CVE) at 26.58% and EQT (EQT) at 28.24% run core operations about as efficiently as their industries’ norm — neither stands out on operating profitability.

CVE

Energy industry group

26.58%

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

EQT

Energy industry group

28.24%

Max
71.31%
Q3
33.75%
EQT
28.24%
Median
18.73%
Q1
6.94%
Min
-24.52%
Loading chart…
Cenovus Energy (CVE) vs. EQT (EQT): A comparison of their operating margin against the Energy industry group benchmark.

Profitability Metrics

Profitability metrics for Cenovus Energy (CVE) and EQT (EQT)
MetricCVEEQT
ROE (TTM)27.44%10.49%
ROA (TTM)12.05%6.25%
Net Margin (TTM)15.42%29.01%
Operating Margin (TTM)26.58%28.24%
Gross Margin (TTM)33.92%80.40%

Growth

Revenue Growth

EQT (EQT) at 59.96% delivers above-range revenue growth, while Cenovus Energy (CVE) at -8.62% falls into the bottom quartile — a wide split in revenue momentum.

Loading chart…
Cenovus Energy (CVE) vs. EQT (EQT): A comparison of their Revenue Growth across different time periods.

EPS Growth

Both companies show strong earnings momentum, but EQT (EQT) at 635.56% is the standout with EPS growth above its industry range; Cenovus Energy (CVE) at 28.74% also sits in the top quartile.

Loading chart…
Cenovus Energy (CVE) vs. EQT (EQT): A comparison of their EPS Growth across different time periods.

Growth Metrics

Growth metrics for Cenovus Energy (CVE) and EQT (EQT)
MetricCVEEQT
Revenue Growth (YoY)-8.62%59.96%
Revenue Growth (3Y CAGR)-9.75%-11.72%
EPS Growth (YoY)28.74%635.56%
EPS Growth (3Y CAGR)-12.42%-8.91%

Financial Strength

Current Ratio (MRQ)

Cenovus Energy (CVE) at 1.64 keeps current ratio within its industry’s typical mid-range, while EQT (EQT) at 0.71 runs in the tighter-liquidity quartile — a thinner cushion against current liabilities for EQT.

CVE

Energy industry group

1.64

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

EQT

Energy industry group

0.71

Max
3.64
Q3
2.21
Median
1.41
Q1
0.88
EQT
0.71
Min
0.24
Loading chart…
Cenovus Energy (CVE) vs. EQT (EQT): A comparison of their current ratio against the Energy industry group benchmark.

Debt / Equity (MRQ)

EQT (EQT) at 0.19 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

EQT

Energy industry group

0.19

Max
1.75
Q3
0.93
Median
0.54
Q1
0.30
EQT
0.19
Min
0.00
Loading chart…
Cenovus Energy (CVE) vs. EQT (EQT): 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 EQT (EQT)
MetricCVEEQT
Current Ratio (MRQ)1.640.71
Debt / Equity (MRQ)0.330.19
Net Debt / EBITDA0.350.81

Dividends

Dividend Yield (TTM)

Both Cenovus Energy (CVE) at 3.04% and EQT (EQT) at 1.30% 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%

EQT

Energy industry group

1.30%

Max
8.57%
Q3
3.58%
Median
1.71%
EQT
1.30%
Q1
0.00%
Min
0.00%
Loading chart…
Cenovus Energy (CVE) vs. EQT (EQT): A comparison of their dividend yield against the Energy industry group benchmark.

Dividend Payout Ratio (TTM)

Both Cenovus Energy (CVE) at 22.84% and EQT (EQT) at 15.64% 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%

EQT

Energy industry group

15.64%

Max
133.24%
Q3
53.31%
Median
25.24%
EQT
15.64%
Q1
0.00%
Min
0.00%
Loading chart…
Cenovus Energy (CVE) vs. EQT (EQT): A comparison of their payout ratio against the Energy industry group benchmark.

Dividend Metrics

Dividend metrics for Cenovus Energy (CVE) and EQT (EQT)
MetricCVEEQT
Dividend Yield (TTM)3.04%1.30%
Dividend Payout Ratio (TTM)22.84%15.64%

Valuation

P/E Ratio (TTM)

Both Cenovus Energy (CVE) at 10.56 and EQT (EQT) at 11.71 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

EQT

Energy industry group

11.71

Max
39.54
Q3
21.72
Median
12.19
EQT
11.71
Q1
7.71
Min
2.99
Loading chart…
Cenovus Energy (CVE) vs. EQT (EQT): A comparison of their P/E ratio against the Energy industry group benchmark.

P/S Ratio (TTM)

Cenovus Energy (CVE) at 0.88 looks cheap on sales in the lower P/S ratio quartile, while EQT (EQT) at 3.38 looks rich in the upper quartile — a clear gap in price per dollar of revenue.

CVE

Energy industry group

0.88

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

EQT

Energy industry group

3.38

Max
5.40
EQT
3.38
Q3
2.85
Median
1.69
Q1
0.88
Min
0.00
Loading chart…
Cenovus Energy (CVE) vs. EQT (EQT): 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 EQT (EQT) at 1.21 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

EQT

Energy industry group

1.21

Max
4.21
Q3
2.38
Median
1.51
EQT
1.21
Q1
1.08
Min
0.01
Loading chart…
Cenovus Energy (CVE) vs. EQT (EQT): A comparison of their P/B ratio against the Energy industry group benchmark.

Valuation Metrics

Valuation metrics for Cenovus Energy (CVE) and EQT (EQT)
MetricCVEEQT
P/E Ratio (TTM)10.5611.71
P/S Ratio (TTM)0.883.38
P/B Ratio (MRQ)1.981.21
Free Cash Flow Yield (TTM)20.71%8.01%