CVE vs. SU: Cenovus Energy vs. Suncor Energy Stock Comparison
How do Cenovus Energy (CVE) and Suncor Energy (SU) 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 Suncor Energy (SU) 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.
| Profile Item | CVE | SU |
|---|---|---|
| Name | Cenovus Energy Inc. | Suncor Energy Inc. |
| Country/Region | Canada | Canada |
| GICS Sector | Energy | Energy |
| GICS Industry Group | Energy | Energy |
| GICS Industry | Oil, Gas & Consumable Fuels | Oil, Gas & Consumable Fuels |
| GICS Sub-Industry | Integrated Oil & Gas | Integrated Oil & Gas |
| Market Capitalization | 49.61 billion USD | 79.14 billion USD |
| Currency | USD | USD |
| Exchange | NYSE | NYSE |
| Listing Date | November 17, 2009 | March 17, 1980 |
| Security Type | Common Stock | Common Stock |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | CVE | SU |
|---|---|---|
| Total Return (1Y) | 60.99% | 61.76% |
| Total Return (3Y, Annualized) | 19.41% | 31.81% |
| Total Return (5Y, Annualized) | 18.63% | 25.49% |
Risk Profile
Drawdown History
Return Distribution
Risk Metrics
| Metric | CVE | SU |
|---|---|---|
| Volatility (1Y, Annualized) | 37.47% | 29.23% |
| Beta (5Y) | 0.43 | 0.26 |
| Max Drawdown (5Y) | -53.51% | -36.58% |
| Avg. Volume (3M) | 6.90M | 4.09M |
Risk-Adjusted Performance
Risk-Return Positioning
Risk-Adjusted Metrics
| Metric | CVE | SU |
|---|---|---|
| Sharpe Ratio (1Y) | 1.51 | 1.97 |
| Sortino Ratio (1Y) | 2.20 | 2.79 |
Profitability
ROE (TTM)
Cenovus Energy (CVE) at 27.44% sits in the top ROE quartile, while Suncor Energy (SU) at 23.46% 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%
SU
Energy industry group
23.46%
- Max
- 53.85%
- Q3
- 24.79%
- SU
- 23.46%
- Median
- 12.85%
- Q1
- 2.03%
- Min
- -29.09%
Net Margin (TTM)
Both Cenovus Energy (CVE) at 15.42% and Suncor Energy (SU) at 17.68% keep about the typical share of revenue as profit for their industries — neither bottom line stands out from peers.
CVE
Energy industry group
15.42%
- Max
- 56.92%
- Q3
- 22.92%
- CVE
- 15.42%
- Median
- 10.10%
- Q1
- 0.07%
- Min
- -27.38%
SU
Energy industry group
17.68%
- Max
- 56.92%
- Q3
- 22.92%
- SU
- 17.68%
- Median
- 10.10%
- Q1
- 0.07%
- Min
- -27.38%
Operating Margin (TTM)
Both Cenovus Energy (CVE) at 26.58% and Suncor Energy (SU) at 26.33% 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%
SU
Energy industry group
26.33%
- Max
- 71.31%
- Q3
- 33.75%
- SU
- 26.33%
- Median
- 18.73%
- Q1
- 6.94%
- Min
- -24.52%
Profitability Metrics
| Metric | CVE | SU |
|---|---|---|
| ROE (TTM) | 27.44% | 23.46% |
| ROA (TTM) | 12.05% | 10.11% |
| Net Margin (TTM) | 15.42% | 17.68% |
| Operating Margin (TTM) | 26.58% | 26.33% |
| Gross Margin (TTM) | 33.92% | 60.55% |
Growth
Revenue Growth
Suncor Energy (SU) at -4.56% 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.
EPS Growth
Cenovus Energy (CVE) at 28.74% sits in the top EPS growth quartile, while Suncor Energy (SU) at 2.75% is closer to the peer norm — faster per-share earnings growth for CVE.
Growth Metrics
| Metric | CVE | SU |
|---|---|---|
| Revenue Growth (YoY) | -8.62% | -4.56% |
| Revenue Growth (3Y CAGR) | -9.75% | -5.92% |
| EPS Growth (YoY) | 28.74% | 2.75% |
| EPS Growth (3Y CAGR) | -12.42% | -9.44% |
Financial Strength
Current Ratio (MRQ)
Both Cenovus Energy (CVE) at 1.64 and Suncor Energy (SU) at 1.71 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
SU
Energy industry group
1.71
- Max
- 3.64
- Q3
- 2.21
- SU
- 1.71
- Median
- 1.41
- Q1
- 0.88
- Min
- 0.24
Debt / Equity (MRQ)
Suncor Energy (SU) at 0.29 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
SU
Energy industry group
0.29
- Max
- 1.75
- Q3
- 0.93
- Median
- 0.54
- Q1
- 0.30
- SU
- 0.29
- Min
- 0.00
Financial Strength Metrics
| Metric | CVE | SU |
|---|---|---|
| Current Ratio (MRQ) | 1.64 | 1.71 |
| Debt / Equity (MRQ) | 0.33 | 0.29 |
| Net Debt / EBITDA | 0.35 | 0.28 |
Dividends
Dividend Yield (TTM)
Both Cenovus Energy (CVE) at 3.04% and Suncor Energy (SU) at 3.48% 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%
SU
Energy industry group
3.48%
- Max
- 8.57%
- Q3
- 3.58%
- SU
- 3.48%
- Median
- 1.71%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Payout Ratio (TTM)
Both Cenovus Energy (CVE) at 22.84% and Suncor Energy (SU) at 25.50% 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%
SU
Energy industry group
25.50%
- Max
- 133.24%
- Q3
- 53.31%
- SU
- 25.50%
- Median
- 25.24%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Metrics
| Metric | CVE | SU |
|---|---|---|
| Dividend Yield (TTM) | 3.04% | 3.48% |
| Dividend Payout Ratio (TTM) | 22.84% | 25.50% |
Valuation
P/E Ratio (TTM)
Both Cenovus Energy (CVE) at 10.56 and Suncor Energy (SU) at 10.14 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
SU
Energy industry group
10.14
- Max
- 39.54
- Q3
- 21.72
- Median
- 12.19
- SU
- 10.14
- Q1
- 7.71
- Min
- 2.99
P/S Ratio (TTM)
Cenovus Energy (CVE) at 0.88 sits in the cheaper P/S ratio quartile while Suncor Energy (SU) at 1.26 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
SU
Energy industry group
1.26
- Max
- 5.40
- Q3
- 2.85
- Median
- 1.69
- SU
- 1.26
- Q1
- 0.88
- Min
- 0.00
P/B Ratio (MRQ)
On P/B ratio, both Cenovus Energy (CVE) at 1.98 and Suncor Energy (SU) at 2.25 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
SU
Energy industry group
2.25
- Max
- 4.21
- Q3
- 2.38
- SU
- 2.25
- Median
- 1.51
- Q1
- 1.08
- Min
- 0.01
Valuation Metrics
| Metric | CVE | SU |
|---|---|---|
| P/E Ratio (TTM) | 10.56 | 10.14 |
| P/S Ratio (TTM) | 0.88 | 1.26 |
| P/B Ratio (MRQ) | 1.98 | 2.25 |
| Free Cash Flow Yield (TTM) | 20.71% | 15.33% |