CVE vs. APA
Compare and contrast key facts about Cenovus Energy Inc. (CVE) and Apache Corporation (APA).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: CVE or APA.
Key characteristics
| CVE | APA | |
|---|---|---|
| YTD Return | 24.18% | -10.97% |
| 1Y Return | 27.87% | -12.35% |
| 3Y Return (Ann) | 40.81% | 18.69% |
| 5Y Return (Ann) | 19.69% | 3.14% |
| 10Y Return (Ann) | -1.65% | -7.84% |
| Sharpe Ratio | 0.87 | -0.37 |
| Daily Std Dev | 29.11% | 33.23% |
| Max Drawdown | -95.01% | -96.73% |
| Current Drawdown | -32.43% | -72.59% |
Fundamentals
| CVE | APA | |
|---|---|---|
| Market Cap | $40.07B | $12.07B |
| EPS | $1.55 | $9.25 |
| PE Ratio | 13.85 | 3.51 |
| PEG Ratio | 0.45 | 0.17 |
| Revenue (TTM) | $52.20B | $8.09B |
| Gross Profit (TTM) | $16.00B | $7.64B |
| EBITDA (TTM) | $9.91B | $5.10B |
Correlation
The correlation between CVE and APA is 0.67, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
CVE vs. APA - Performance Comparison
In the year-to-date period, CVE achieves a 24.18% return, which is significantly higher than APA's -10.97% return. Over the past 10 years, CVE has outperformed APA with an annualized return of -1.65%, while APA has yielded a comparatively lower -7.84% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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Risk-Adjusted Performance
CVE vs. APA - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Cenovus Energy Inc. (CVE) and Apache Corporation (APA). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Dividends
CVE vs. APA - Dividend Comparison
CVE's dividend yield for the trailing twelve months is around 2.03%, less than APA's 3.18% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CVE Cenovus Energy Inc. | 2.03% | 2.34% | 1.81% | 0.56% | 0.74% | 1.57% | 2.16% | 1.69% | 1.01% | 5.22% | 4.62% | 3.25% |
APA Apache Corporation | 3.18% | 2.79% | 1.34% | 0.51% | 2.29% | 3.91% | 3.81% | 2.37% | 1.58% | 2.25% | 1.52% | 0.90% |
Drawdowns
CVE vs. APA - Drawdown Comparison
The maximum CVE drawdown since its inception was -95.01%, roughly equal to the maximum APA drawdown of -96.73%. Use the drawdown chart below to compare losses from any high point for CVE and APA. For additional features, visit the drawdowns tool.
Volatility
CVE vs. APA - Volatility Comparison
Cenovus Energy Inc. (CVE) has a higher volatility of 7.53% compared to Apache Corporation (APA) at 6.01%. This indicates that CVE's price experiences larger fluctuations and is considered to be riskier than APA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Financials
CVE vs. APA - Financials Comparison
This section allows you to compare key financial metrics between Cenovus Energy Inc. and Apache Corporation. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities