Cenovus Energy (CVE) vs Woodside Energy Group (WDS)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 9, 2026.
Summary
Cenovus Energy (CVE) has outperformed Woodside Energy Group (WDS) over the past year, gaining 78.0% versus a gain of 49.7%. Over five years, CVE leads with a +170.1% price change compared with +21.1% for WDS. On valuation, Cenovus Energy trades at a lower forward P/E (11.7x vs 11.9x for Woodside Energy Group).
Woodside Energy Group offers the higher dividend yield (5.14% vs 2.60%).
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 | WDS |
|---|---|---|
| Share price | $31.49 | $22.59 |
| Market cap | $58.08B | — |
| 1-day change | +2.81% | +3.77% |
| YTD return | +86.11% | +44.90% |
| 1-year return | +78.01% | +49.70% |
| 5-year return | +170.07% | +21.06% |
| P/E ratio (TTM) | 12.11 | 14.12 |
| Forward P/E | 11.67 | 11.90 |
| EPS (TTM) | $2.60 | $1.60 |
| Dividend yield | 2.60% | 5.14% |
| Annual dividend | $0.82 | $1.16 |
| Revenue (latest FY) | — | $12.98B |
| Revenue growth (YoY) | — | -1.48% |
| Net income (latest FY) | — | $2.72B |
| Gross margin | — | 34.94% |
| Operating margin | — | 29.95% |
| Net margin | — | 20.93% |
| 52-week high | $34.16 | $25.19 |
| 52-week low | $15.63 | $14.27 |
| Distance from 52-week high | -7.82% | -10.32% |
| Analyst consensus | strong_buy | hold |
| Avg. price target upside | +17.53% | +8.59% |
| Average volume | 7.10M | 622.41K |
| Shares outstanding | 1.84B | — |
| Employees | 7,211 | 4,693 |
| 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 WDS by 28.3 percentage points over the past year.
- Woodside Energy Group offers a meaningfully higher dividend yield (5.14% vs 2.60%).
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 Woodside Energy Group
WDS stock →Woodside Energy Group Ltd engages in the exploration, evaluation, development, production, marketing, and sale of hydrocarbons in the Asia Pacific, Africa, the Americas, and the Europe. It produces liquefied natural gas, pipeline gas, crude oil and condensate, and natural gas liquids.
Energy · Oil & Gas Production · 4,693 employees
CVE vs WDS FAQ
Which stock has performed better over the past year, CVE or WDS?
CVE returned +78.01% over the past 12 months, compared with +49.70% for WDS (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, CVE or WDS?
CVE has the lower trailing P/E at 12.1, versus 14.1 for WDS. 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 Woodside Energy Group?
Woodside Energy Group has the higher yield at 5.14%, compared with 2.60% for Cenovus Energy.
Are Cenovus Energy and Woodside Energy Group in the same industry?
Yes. Both are classified in the Oil & Gas Production industry within the Energy sector.