Cenovus Energy (CVE) vs Imperial Oil (IMO)
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 Imperial Oil (IMO) over the past year, gaining 75.9% versus a gain of 31.5%. Over five years, IMO leads with a +244.5% price change compared with +162.7% for CVE. On valuation, Cenovus Energy trades at a lower forward P/E (11.4x vs 13.6x for Imperial Oil).
Cenovus Energy offers the higher dividend yield (2.68% vs 2.67%).
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 | IMO |
|---|---|---|
| Share price | $30.63 | $119.30 |
| Market cap | $56.49B | — |
| 1-day change | -1.95% | -2.37% |
| YTD return | +81.03% | +38.22% |
| 1-year return | +75.93% | +31.46% |
| 5-year return | +162.69% | +244.50% |
| P/E ratio (TTM) | 11.78 | 19.27 |
| Forward P/E | 11.42 | 13.58 |
| EPS (TTM) | $2.60 | $6.19 |
| Dividend yield | 2.68% | 2.67% |
| Annual dividend | $0.82 | $3.18 |
| 52-week high | $34.16 | $139.44 |
| 52-week low | $15.63 | $83.27 |
| Distance from 52-week high | -10.33% | -14.44% |
| Analyst consensus | strong_buy | underperform |
| Avg. price target upside | +20.83% | -10.65% |
| Average volume | 7.10M | 549.70K |
| Shares outstanding | 1.84B | — |
| Employees | 7,211 | 5,000 |
| Sector | Energy | Energy |
| Industry | Oil & Gas Production | Integrated oil Companies |
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 IMO by 44.5 percentage points over the past year.
- Imperial Oil trades at a higher earnings multiple (19.3x vs 11.8x trailing P/E).
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 Imperial Oil
IMO stock →Imperial Oil Limited engages in exploration, production, and sale of crude oil and natural gas in Canada. The company operates in three segments: Upstream, Downstream and Chemical segments.
Energy · Integrated oil Companies · 5,000 employees
CVE vs IMO FAQ
Which stock has performed better over the past year, CVE or IMO?
CVE returned +75.93% over the past 12 months, compared with +31.46% for IMO (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, CVE or IMO?
CVE has the lower trailing P/E at 11.8, versus 19.3 for IMO. 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 Imperial Oil?
Cenovus Energy has the higher yield at 2.68%, compared with 2.67% for Imperial Oil.
Are Cenovus Energy and Imperial Oil in the same industry?
Both are in the Energy sector, but in different industries: Oil & Gas Production for Cenovus Energy and Integrated oil Companies for Imperial Oil.