Cenovus Energy (CVE) vs Petroleo Brasileiro S.A. Petrobras (PBR)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 7, 2026.
Summary
Petroleo Brasileiro S.A. Petrobras (PBR) has outperformed Cenovus Energy (CVE) over the past year, gaining 96.7% versus a gain of 75.6%. Over five years, CVE leads with a +162.3% price change compared with +117.8% for PBR. Petroleo Brasileiro S.A. Petrobras is the larger company by market cap ($154.60 billion vs $56.49 billion), about 2.7 times the size.
On valuation, Petroleo Brasileiro S.A. Petrobras trades at a lower forward P/E (5.8x vs 11.4x for Cenovus Energy). Petroleo Brasileiro S.A. Petrobras offers the higher dividend yield (15.29% 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 | PBR |
|---|---|---|
| Share price | $30.63 | $23.99 |
| Market cap | $56.49B | $154.60B |
| 1-day change | -1.95% | +0.80% |
| YTD return | +80.73% | +103.80% |
| 1-year return | +75.65% | +96.66% |
| 5-year return | +162.26% | +117.76% |
| P/E ratio (TTM) | 11.78 | 6.15 |
| Forward P/E | 11.42 | 5.80 |
| EPS (TTM) | $2.60 | $3.90 |
| Dividend yield | 2.68% | 15.29% |
| Annual dividend | $0.82 | $3.67 |
| Revenue (latest FY) | — | $91.42B |
| Revenue growth (YoY) | — | -10.73% |
| Net income (latest FY) | — | $7.53B |
| Gross margin | — | 50.29% |
| Operating margin | — | 29.40% |
| Net margin | — | 8.23% |
| 52-week high | $34.16 | $24.76 |
| 52-week low | $15.63 | $11.43 |
| Distance from 52-week high | -10.33% | -3.11% |
| Analyst consensus | strong_buy | buy |
| Avg. price target upside | +20.83% | -2.83% |
| Average volume | 7.10M | 19.99M |
| Shares outstanding | 1.84B | 3.72B |
| Employees | 7,211 | 43,199 |
| 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
- Petroleo Brasileiro S.A. Petrobras is about 2.7 times larger than Cenovus Energy by market value ($154.60B vs $56.49B).
- PBR has outperformed CVE by 21.0 percentage points over the past year.
- Cenovus Energy trades at a higher earnings multiple (11.8x vs 6.2x trailing P/E).
- Petroleo Brasileiro S.A. Petrobras offers a meaningfully higher dividend yield (15.29% vs 2.68%).
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 Petroleo Brasileiro S.A. Petrobras
PBR stock →Petróleo Brasileiro S.A. - Petrobras explores, produces, and sells oil and gas in Brazil, China, the United States, the Americas, Asia, Europe, Singapore, and internationally.
Energy · Oil & Gas Production · 43,199 employees
CVE vs PBR FAQ
Which is bigger, Cenovus Energy or Petroleo Brasileiro S.A. Petrobras?
Petroleo Brasileiro S.A. Petrobras (PBR) is larger, with a market capitalization of $154.60B compared with $56.49B for Cenovus Energy (CVE).
Which stock has performed better over the past year, CVE or PBR?
PBR returned +96.66% over the past 12 months, compared with +75.65% for CVE (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, CVE or PBR?
PBR has the lower trailing P/E at 6.2, 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 Petroleo Brasileiro S.A. Petrobras?
Petroleo Brasileiro S.A. Petrobras has the higher yield at 15.29%, compared with 2.68% for Cenovus Energy.
Are Cenovus Energy and Petroleo Brasileiro S.A. Petrobras in the same industry?
Yes. Both are classified in the Oil & Gas Production industry within the Energy sector.