CVE vs. IMO.TO
Compare and contrast key facts about Cenovus Energy Inc. (CVE) and Imperial Oil Limited (IMO.TO).
Performance
CVE vs. IMO.TO - Performance Comparison
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CVE vs. IMO.TO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
CVE Cenovus Energy Inc. | 57.78% | 15.84% | -5.83% | -12.30% | 60.93% | 104.72% | -39.59% | 46.98% | -21.51% | -38.38% |
IMO.TO Imperial Oil Limited | 52.51% | 43.98% | 10.86% | 20.32% | 37.89% | 95.82% | -25.53% | 6.88% | -17.17% | -8.75% |
Different Trading Currencies
CVE is traded in USD, while IMO.TO is traded in CAD. To make them comparable, the IMO.TO values have been converted to USD using the latest available exchange rates.
Fundamentals
CVE:
$49.45B
IMO.TO:
CA$89.36B
CVE:
$2.15
IMO.TO:
CA$6.51
CVE:
12.35
IMO.TO:
27.98
CVE:
0.05
IMO.TO:
0.62
CVE:
0.95
IMO.TO:
1.96
CVE:
1.57
IMO.TO:
4.02
CVE:
$51.21B
IMO.TO:
CA$46.57B
CVE:
$10.08B
IMO.TO:
CA$7.61B
CVE:
$10.22B
IMO.TO:
CA$6.77B
Returns By Period
In the year-to-date period, CVE achieves a 57.78% return, which is significantly higher than IMO.TO's 52.51% return. Over the past 10 years, CVE has underperformed IMO.TO with an annualized return of 9.84%, while IMO.TO has yielded a comparatively higher 17.73% annualized return.
CVE
- 1D
- -0.15%
- 1M
- 19.66%
- YTD
- 57.78%
- 6M
- 58.41%
- 1Y
- 97.16%
- 3Y*
- 18.66%
- 5Y*
- 30.68%
- 10Y*
- 9.84%
IMO.TO
- 1D
- 0.98%
- 1M
- 12.68%
- YTD
- 52.51%
- 6M
- 46.14%
- 1Y
- 85.73%
- 3Y*
- 40.71%
- 5Y*
- 42.68%
- 10Y*
- 17.73%
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Return for Risk
CVE vs. IMO.TO — Risk / Return Rank
CVE
IMO.TO
CVE vs. IMO.TO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Cenovus Energy Inc. (CVE) and Imperial Oil Limited (IMO.TO). 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.
| CVE | IMO.TO | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 2.42 | 2.91 | -0.49 |
Sortino ratioReturn per unit of downside risk | 2.90 | 3.35 | -0.45 |
Omega ratioGain probability vs. loss probability | 1.39 | 1.46 | -0.07 |
Calmar ratioReturn relative to maximum drawdown | 4.02 | 4.82 | -0.80 |
Martin ratioReturn relative to average drawdown | 15.13 | 14.88 | +0.25 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| CVE | IMO.TO | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.42 | 2.91 | -0.49 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.76 | 1.31 | -0.55 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.20 | 0.50 | -0.30 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.07 | 0.33 | -0.26 |
Correlation
The correlation between CVE and IMO.TO is 0.68, 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.
Dividends
CVE vs. IMO.TO - Dividend Comparison
CVE's dividend yield for the trailing twelve months is around 2.20%, more than IMO.TO's 1.66% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CVE Cenovus Energy Inc. | 2.20% | 3.32% | 3.92% | 2.33% | 1.81% | 0.56% | 0.75% | 1.58% | 2.34% | 2.19% | 1.32% | 6.75% |
IMO.TO Imperial Oil Limited | 1.66% | 2.43% | 2.71% | 2.57% | 2.21% | 2.26% | 3.64% | 2.47% | 2.11% | 1.61% | 1.26% | 1.20% |
Drawdowns
CVE vs. IMO.TO - Drawdown Comparison
The maximum CVE drawdown since its inception was -94.87%, which is greater than IMO.TO's maximum drawdown of -84.30%. Use the drawdown chart below to compare losses from any high point for CVE and IMO.TO.
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Drawdown Indicators
| CVE | IMO.TO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -94.87% | -78.70% | -16.17% |
Max Drawdown (1Y)Largest decline over 1 year | -24.64% | -19.83% | -4.81% |
Max Drawdown (5Y)Largest decline over 5 years | -53.51% | -26.59% | -26.92% |
Max Drawdown (10Y)Largest decline over 10 years | -89.35% | -75.21% | -14.14% |
Current DrawdownCurrent decline from peak | -3.63% | 0.00% | -3.63% |
Average DrawdownAverage peak-to-trough decline | -44.60% | -18.13% | -26.47% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 6.54% | 6.58% | -0.04% |
Volatility
CVE vs. IMO.TO - Volatility Comparison
Cenovus Energy Inc. (CVE) has a higher volatility of 8.73% compared to Imperial Oil Limited (IMO.TO) at 5.51%. This indicates that CVE's price experiences larger fluctuations and is considered to be riskier than IMO.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| CVE | IMO.TO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.73% | 5.51% | +3.22% |
Volatility (6M)Calculated over the trailing 6-month period | 24.03% | 20.26% | +3.77% |
Volatility (1Y)Calculated over the trailing 1-year period | 40.37% | 29.64% | +10.73% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 40.55% | 32.76% | +7.79% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 50.62% | 35.75% | +14.87% |
Financials
CVE vs. IMO.TO - 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.TO - Profitability Comparison
CVE - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, Cenovus Energy Inc. reported a gross profit of 1.32B and revenue of 10.87B. Therefore, the gross margin over that period was 12.1%.
IMO.TO - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, Imperial Oil Limited reported a gross profit of 1.92B and revenue of 11.28B. Therefore, the gross margin over that period was 17.0%.
CVE - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, Cenovus Energy Inc. reported an operating income of 1.08B and revenue of 10.87B, resulting in an operating margin of 9.9%.
IMO.TO - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, Imperial Oil Limited reported an operating income of 625.00M and revenue of 11.28B, resulting in an operating margin of 5.5%.
CVE - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, Cenovus Energy Inc. reported a net income of 933.24M and revenue of 10.87B, resulting in a net margin of 8.6%.
IMO.TO - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, Imperial Oil Limited reported a net income of 492.00M and revenue of 11.28B, resulting in a net margin of 4.4%.