Correlation
The correlation between CVE and IMO is 0.47, 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.
CVE vs. IMO
Compare and contrast key facts about Cenovus Energy Inc. (CVE) and Imperial Oil Limited (IMO).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: CVE or IMO.
Performance
CVE vs. IMO - Performance Comparison
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Key characteristics
CVE:
-0.75
IMO:
0.26
CVE:
-0.98
IMO:
0.45
CVE:
0.87
IMO:
1.06
CVE:
-0.48
IMO:
0.25
CVE:
-1.23
IMO:
0.55
CVE:
24.79%
IMO:
10.45%
CVE:
39.15%
IMO:
32.29%
CVE:
-95.01%
IMO:
-84.96%
CVE:
-53.41%
IMO:
-8.27%
Fundamentals
CVE:
$24.72B
IMO:
$36.49B
CVE:
$1.10
IMO:
$6.72
CVE:
12.39
IMO:
10.67
CVE:
0.45
IMO:
0.85
CVE:
0.45
IMO:
0.71
CVE:
1.13
IMO:
2.07
CVE:
$58.53B
IMO:
$49.68B
CVE:
$11.53B
IMO:
$17.78B
CVE:
$9.29B
IMO:
$6.15B
Returns By Period
In the year-to-date period, CVE achieves a -9.16% return, which is significantly lower than IMO's 17.27% return. Over the past 10 years, CVE has underperformed IMO with an annualized return of -0.01%, while IMO has yielded a comparatively higher 8.66% annualized return.
CVE
-9.16%
12.55%
-14.28%
-30.61%
-11.94%
28.57%
-0.01%
IMO
17.27%
5.21%
-5.80%
6.55%
13.66%
40.17%
8.66%
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Risk-Adjusted Performance
CVE vs. IMO — Risk-Adjusted Performance Rank
CVE
IMO
CVE vs. IMO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Cenovus Energy Inc. (CVE) and Imperial Oil Limited (IMO). 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.
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Dividends
CVE vs. IMO - Dividend Comparison
CVE's dividend yield for the trailing twelve months is around 3.80%, more than IMO's 2.52% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CVE Cenovus Energy Inc. | 3.80% | 3.92% | 2.33% | 1.81% | 0.57% | 0.75% | 1.58% | 2.17% | 1.70% | 1.01% | 5.25% | 4.64% |
IMO Imperial Oil Limited | 2.52% | 2.84% | 2.50% | 2.30% | 2.28% | 3.50% | 2.41% | 2.39% | 1.55% | 1.39% | 1.29% | 1.70% |
Drawdowns
CVE vs. IMO - Drawdown Comparison
The maximum CVE drawdown since its inception was -95.01%, which is greater than IMO's maximum drawdown of -84.96%. Use the drawdown chart below to compare losses from any high point for CVE and IMO.
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Volatility
CVE vs. IMO - Volatility Comparison
Cenovus Energy Inc. (CVE) has a higher volatility of 11.56% compared to Imperial Oil Limited (IMO) at 5.87%. This indicates that CVE's price experiences larger fluctuations and is considered to be riskier than IMO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Financials
CVE vs. IMO - Financials Comparison
This section allows you to compare key financial metrics between Cenovus Energy Inc. and Imperial Oil Limited. 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
CVE vs. IMO - Profitability Comparison
CVE - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on May 2025, Cenovus Energy Inc. reported a gross profit of 3.11B and revenue of 14.21B. Therefore, the gross margin over that period was 21.9%.
IMO - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on May 2025, Imperial Oil Limited reported a gross profit of 12.52B and revenue of 12.52B. Therefore, the gross margin over that period was 100.0%.
CVE - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on May 2025, Cenovus Energy Inc. reported an operating income of 1.28B and revenue of 14.21B, resulting in an operating margin of 9.0%.
IMO - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on May 2025, Imperial Oil Limited reported an operating income of 1.64B and revenue of 12.52B, resulting in an operating margin of 13.1%.
CVE - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on May 2025, Cenovus Energy Inc. reported a net income of 859.00M and revenue of 14.21B, resulting in a net margin of 6.1%.
IMO - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on May 2025, Imperial Oil Limited reported a net income of 1.29B and revenue of 12.52B, resulting in a net margin of 10.3%.