Cenovus Energy (CVE) vs EOG Resources (EOG)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 7, 2026.
Summary
Cenovus Energy (CVE) has outperformed EOG Resources (EOG) over the past year, gaining 75.9% versus a gain of 30.0%. Over five years, CVE leads with a +162.7% price change compared with +60.3% for EOG. EOG Resources is the larger company by market cap ($75.64 billion vs $56.49 billion), about 1.3 times the size.
On valuation, EOG Resources trades at a lower forward P/E (9.4x vs 11.4x for Cenovus Energy). EOG Resources offers the higher dividend yield (2.83% vs 2.68%).
Summary generated from market data by MetaCap's automated system. Methodology
Relative performance
Percent change in share price from the first common trading day shown; excludes dividends.
Head-to-head
| Metric | CVE | EOG |
|---|---|---|
| Share price | $30.63 | $144.21 |
| Market cap | $56.49B | $75.64B |
| 1-day change | -1.95% | -0.05% |
| YTD return | +81.03% | +36.77% |
| 1-year return | +75.93% | +30.03% |
| 5-year return | +162.69% | +60.25% |
| P/E ratio (TTM) | 11.78 | 11.22 |
| Forward P/E | 11.42 | 9.40 |
| EPS (TTM) | $2.60 | $12.85 |
| Dividend yield | 2.68% | 2.83% |
| Annual dividend | $0.82 | $4.08 |
| Revenue (latest FY) | — | $22.63B |
| Revenue growth (YoY) | — | -4.50% |
| Net income (latest FY) | — | $4.98B |
| Operating margin | — | 28.21% |
| Net margin | — | 22.00% |
| 52-week high | $34.16 | $154.16 |
| 52-week low | $15.63 | $101.59 |
| Distance from 52-week high | -10.33% | -6.45% |
| Analyst consensus | strong_buy | buy |
| Avg. price target upside | +20.83% | +13.72% |
| Average volume | 7.10M | 3.07M |
| Shares outstanding | 1.84B | 524.53M |
| Employees | 7,211 | 3,400 |
| Sector | Energy | Energy |
| Industry | Oil & Gas Production | Oil & Gas Production |
Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.
Key differences
- CVE has outperformed EOG by 45.9 percentage points over the past year.
About Cenovus Energy
CVE stock →Cenovus Energy Inc., together with its subsidiaries, develops, produces, refines, transports, and markets crude oil, natural gas, and refined petroleum products in Canada, the United States, and China. It operates through Upstream and Downstream segments.
Energy · Oil & Gas Production · 7,211 employees
About EOG Resources
EOG stock →EOG Resources, Inc., together with its subsidiaries, explores for, develops, produces, and markets crude oil, natural gas liquids, and natural gas in producing basins in the United States, the Republic of Trinidad and Tobago, and internationally. The company also offers crude oil and condensate, and gathering, processing and marketing.
Energy · Oil & Gas Production · 3,400 employees
CVE vs EOG FAQ
Which is bigger, Cenovus Energy or EOG Resources?
EOG Resources (EOG) is larger, with a market capitalization of $75.64B compared with $56.49B for Cenovus Energy (CVE).
Which stock has performed better over the past year, CVE or EOG?
CVE returned +75.93% over the past 12 months, compared with +30.03% for EOG (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, CVE or EOG?
EOG has the lower trailing P/E at 11.2, versus 11.8 for CVE. A lower P/E is not by itself a sign of a better investment; it can reflect slower expected growth or higher risk.
Which pays a higher dividend, Cenovus Energy or EOG Resources?
EOG Resources has the higher yield at 2.83%, compared with 2.68% for Cenovus Energy.
Are Cenovus Energy and EOG Resources in the same industry?
Yes. Both are classified in the Oil & Gas Production industry within the Energy sector.