CVE vs. BP
Compare and contrast key facts about Cenovus Energy Inc. (CVE) and BP p.l.c. (BP).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: CVE or BP.
Performance
CVE vs. BP - Performance Comparison
Returns By Period
In the year-to-date period, CVE achieves a -0.15% return, which is significantly higher than BP's -11.97% return. Over the past 10 years, CVE has underperformed BP with an annualized return of -2.21%, while BP has yielded a comparatively higher 2.36% annualized return.
CVE
-0.15%
-4.48%
-17.50%
-4.50%
14.69%
-2.21%
BP
-11.97%
-5.02%
-16.44%
-11.64%
0.04%
2.36%
Fundamentals
| CVE | BP | |
|---|---|---|
| Market Cap | $29.60B | $77.41B |
| EPS | $1.43 | $1.00 |
| PE Ratio | 11.30 | 29.52 |
| PEG Ratio | 0.45 | 13.74 |
| Total Revenue (TTM) | $55.67B | $190.73B |
| Gross Profit (TTM) | $9.49B | $30.79B |
| EBITDA (TTM) | $10.27B | $21.36B |
Key characteristics
| CVE | BP | |
|---|---|---|
| Sharpe Ratio | -0.24 | -0.61 |
| Sortino Ratio | -0.14 | -0.71 |
| Omega Ratio | 0.98 | 0.91 |
| Calmar Ratio | -0.13 | -0.49 |
| Martin Ratio | -0.54 | -1.16 |
| Ulcer Index | 12.75% | 11.05% |
| Daily Std Dev | 28.83% | 20.90% |
| Max Drawdown | -95.02% | -69.44% |
| Current Drawdown | -45.73% | -22.67% |
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Correlation
The correlation between CVE and BP is 0.62, 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.
Risk-Adjusted Performance
CVE vs. BP - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Cenovus Energy Inc. (CVE) and BP p.l.c. (BP). 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. BP - Dividend Comparison
CVE's dividend yield for the trailing twelve months is around 3.51%, less than BP's 6.19% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CVE Cenovus Energy Inc. | 3.51% | 2.33% | 1.80% | 0.57% | 0.75% | 1.58% | 2.18% | 1.69% | 1.01% | 5.25% | 4.64% | 3.27% |
BP BP p.l.c. | 6.19% | 4.71% | 3.94% | 4.83% | 9.21% | 6.51% | 6.36% | 5.66% | 6.37% | 7.63% | 6.14% | 4.51% |
Drawdowns
CVE vs. BP - Drawdown Comparison
The maximum CVE drawdown since its inception was -95.02%, which is greater than BP's maximum drawdown of -69.44%. Use the drawdown chart below to compare losses from any high point for CVE and BP. For additional features, visit the drawdowns tool.
Volatility
CVE vs. BP - Volatility Comparison
The current volatility for Cenovus Energy Inc. (CVE) is 7.57%, while BP p.l.c. (BP) has a volatility of 8.39%. This indicates that CVE experiences smaller price fluctuations and is considered to be less risky than BP based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Financials
CVE vs. BP - Financials Comparison
This section allows you to compare key financial metrics between Cenovus Energy Inc. and BP p.l.c.. 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