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CVE vs. OXY: Cenovus Energy vs. Occidental Petroleum Stock Comparison

How do Cenovus Energy (CVE) and Occidental Petroleum (OXY) 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 Occidental Petroleum (OXY) are both classified in the Integrated Oil & Gas sub-industry within the broader Oil, Gas & Consumable Fuels industry, placing them in the closest GICS peer bucket.

Company profile comparison for Cenovus Energy (CVE) and Occidental Petroleum (OXY)
Profile ItemCVEOXY
NameCenovus Energy Inc.Occidental Petroleum Corp.
Country/RegionCanadaUnited States
GICS SectorEnergyEnergy
GICS Industry GroupEnergyEnergy
GICS IndustryOil, Gas & Consumable FuelsOil, Gas & Consumable Fuels
GICS Sub-IndustryIntegrated Oil & GasIntegrated Oil & Gas
Market Capitalization49.61 billion USD56.36 billion USD
CurrencyUSDUSD
ExchangeNYSENYSE
Listing DateNovember 17, 2009December 31, 1981
Security TypeCommon StockCommon Stock

Price Performance

Cumulative Growth

CVE
OXY
GSPC
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Cenovus Energy (CVE) vs. Occidental Petroleum (OXY), 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 Occidental Petroleum (OXY). Returns over one year are annualized.

Calendar-Year Returns

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

Performance Metrics

Price performance metrics for Cenovus Energy (CVE) and Occidental Petroleum (OXY)
MetricCVEOXY
Total Return (1Y)60.99%38.05%
Total Return (3Y, Annualized)19.41%-0.84%
Total Return (5Y, Annualized)18.63%12.24%

Risk Profile

Drawdown History

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

Risk Metrics

Risk profile metrics for Cenovus Energy (CVE) and Occidental Petroleum (OXY)
MetricCVEOXY
Volatility (1Y, Annualized)37.47%35.52%
Beta (5Y)0.430.19
Max Drawdown (5Y)-53.51%-50.77%
Avg. Volume (3M)6.90M8.51M

Risk-Adjusted Performance

Risk-Return Positioning

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CVE and OXY 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 Occidental Petroleum (OXY)
MetricCVEOXY
Sharpe Ratio (1Y)1.510.95
Sortino Ratio (1Y)2.201.42

Profitability

ROE (TTM)

Cenovus Energy (CVE) at 27.44% sits in the top ROE quartile, while Occidental Petroleum (OXY) at 10.63% 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%

OXY

Energy industry group

10.63%

Max
53.85%
Q3
24.79%
Median
12.85%
OXY
10.63%
Q1
2.03%
Min
-29.09%
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Cenovus Energy (CVE) vs. Occidental Petroleum (OXY): A comparison of their ROE against the Energy industry group benchmark.

Net Margin (TTM)

Occidental Petroleum (OXY) at 30.32% 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%

OXY

Energy industry group

30.32%

Max
56.92%
OXY
30.32%
Q3
22.92%
Median
10.10%
Q1
0.07%
Min
-27.38%
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Cenovus Energy (CVE) vs. Occidental Petroleum (OXY): A comparison of their net margin against the Energy industry group benchmark.

Operating Margin (TTM)

Occidental Petroleum (OXY) at 45.44% 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%

OXY

Energy industry group

45.44%

Max
71.31%
OXY
45.44%
Q3
33.75%
Median
18.73%
Q1
6.94%
Min
-24.52%
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Cenovus Energy (CVE) vs. Occidental Petroleum (OXY): A comparison of their operating margin against the Energy industry group benchmark.

Profitability Metrics

Profitability metrics for Cenovus Energy (CVE) and Occidental Petroleum (OXY)
MetricCVEOXY
ROE (TTM)27.44%10.63%
ROA (TTM)12.05%4.68%
Net Margin (TTM)15.42%30.32%
Operating Margin (TTM)26.58%45.44%
Gross Margin (TTM)33.92%73.32%

Growth

Revenue Growth

Occidental Petroleum (OXY) at -1.93% 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. Occidental Petroleum (OXY): 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 Occidental Petroleum (OXY) at -34.02% is closer to the peer norm — faster per-share earnings growth for CVE.

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Cenovus Energy (CVE) vs. Occidental Petroleum (OXY): A comparison of their EPS Growth across different time periods.

Growth Metrics

Growth metrics for Cenovus Energy (CVE) and Occidental Petroleum (OXY)
MetricCVEOXY
Revenue Growth (YoY)-8.62%-1.93%
Revenue Growth (3Y CAGR)-9.75%-16.16%
EPS Growth (YoY)28.74%-34.02%
EPS Growth (3Y CAGR)-12.42%-49.36%

Financial Strength

Current Ratio (MRQ)

Both Cenovus Energy (CVE) at 1.64 and Occidental Petroleum (OXY) at 1.41 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

OXY

Energy industry group

1.41

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

Debt / Equity (MRQ)

Both Cenovus Energy (CVE) at 0.33 and Occidental Petroleum (OXY) at 0.35 fund their balance sheets with roughly industry-typical debt-to-equity mixes.

CVE

Energy industry group

0.33

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

OXY

Energy industry group

0.35

Max
1.75
Q3
0.93
Median
0.54
OXY
0.35
Q1
0.30
Min
0.00
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Cenovus Energy (CVE) vs. Occidental Petroleum (OXY): 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 Occidental Petroleum (OXY)
MetricCVEOXY
Current Ratio (MRQ)1.641.41
Debt / Equity (MRQ)0.330.35
Net Debt / EBITDA0.350.76

Dividends

Dividend Yield (TTM)

Both Cenovus Energy (CVE) at 3.04% and Occidental Petroleum (OXY) at 1.77% 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%

OXY

Energy industry group

1.77%

Max
8.57%
Q3
3.58%
OXY
1.77%
Median
1.71%
Q1
0.00%
Min
0.00%
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Cenovus Energy (CVE) vs. Occidental Petroleum (OXY): A comparison of their dividend yield against the Energy industry group benchmark.

Dividend Payout Ratio (TTM)

Both Cenovus Energy (CVE) at 22.84% and Occidental Petroleum (OXY) at 28.41% 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%

OXY

Energy industry group

28.41%

Max
133.24%
Q3
53.31%
OXY
28.41%
Median
25.24%
Q1
0.00%
Min
0.00%
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Cenovus Energy (CVE) vs. Occidental Petroleum (OXY): A comparison of their payout ratio against the Energy industry group benchmark.

Dividend Metrics

Dividend metrics for Cenovus Energy (CVE) and Occidental Petroleum (OXY)
MetricCVEOXY
Dividend Yield (TTM)3.04%1.77%
Dividend Payout Ratio (TTM)22.84%28.41%

Valuation

P/E Ratio (TTM)

Both Cenovus Energy (CVE) at 10.56 and Occidental Petroleum (OXY) at 16.02 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

OXY

Energy industry group

16.02

Max
39.54
Q3
21.72
OXY
16.02
Median
12.19
Q1
7.71
Min
2.99
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Cenovus Energy (CVE) vs. Occidental Petroleum (OXY): 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 Occidental Petroleum (OXY) at 2.36 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

OXY

Energy industry group

2.36

Max
5.40
Q3
2.85
OXY
2.36
Median
1.69
Q1
0.88
Min
0.00
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Cenovus Energy (CVE) vs. Occidental Petroleum (OXY): 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 Occidental Petroleum (OXY) at 1.68 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

OXY

Energy industry group

1.68

Max
4.21
Q3
2.38
OXY
1.68
Median
1.51
Q1
1.08
Min
0.01
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Cenovus Energy (CVE) vs. Occidental Petroleum (OXY): A comparison of their P/B ratio against the Energy industry group benchmark.

Valuation Metrics

Valuation metrics for Cenovus Energy (CVE) and Occidental Petroleum (OXY)
MetricCVEOXY
P/E Ratio (TTM)10.5616.02
P/S Ratio (TTM)0.882.36
P/B Ratio (MRQ)1.981.68
Free Cash Flow Yield (TTM)20.71%6.72%