CVE vs. PXD
Compare and contrast key facts about Cenovus Energy Inc. (CVE) and Pioneer Natural Resources Company (PXD).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: CVE or PXD.
Key characteristics
| CVE | PXD | |
|---|---|---|
| YTD Return | 24.24% | 21.21% |
| 1Y Return | 38.99% | 36.21% |
| 3Y Return (Ann) | 39.00% | 28.24% |
| 5Y Return (Ann) | 19.89% | 17.30% |
| 10Y Return (Ann) | -1.46% | 5.80% |
| Sharpe Ratio | 1.27 | 1.57 |
| Daily Std Dev | 28.40% | 22.39% |
| Max Drawdown | -95.01% | -88.30% |
| Current Drawdown | -32.39% | -2.14% |
Fundamentals
| CVE | PXD | |
|---|---|---|
| Market Cap | $40.07B | $62.81B |
| EPS | $1.55 | $20.22 |
| PE Ratio | 13.85 | 13.30 |
| PEG Ratio | 0.45 | 0.78 |
| Revenue (TTM) | $52.20B | $19.37B |
| Gross Profit (TTM) | $16.00B | $13.26B |
| EBITDA (TTM) | $9.91B | $9.30B |
Correlation
The correlation between CVE and PXD is 0.64, 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. PXD - Performance Comparison
In the year-to-date period, CVE achieves a 24.24% return, which is significantly higher than PXD's 21.21% return. Over the past 10 years, CVE has underperformed PXD with an annualized return of -1.46%, while PXD has yielded a comparatively higher 5.80% 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. PXD - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Cenovus Energy Inc. (CVE) and Pioneer Natural Resources Company (PXD). 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. PXD - Dividend Comparison
CVE's dividend yield for the trailing twelve months is around 2.03%, less than PXD's 4.06% 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% |
PXD Pioneer Natural Resources Company | 4.06% | 6.21% | 11.14% | 3.76% | 1.93% | 0.79% | 0.24% | 0.04% | 0.04% | 0.05% | 0.05% | 0.04% |
Drawdowns
CVE vs. PXD - Drawdown Comparison
The maximum CVE drawdown since its inception was -95.01%, which is greater than PXD's maximum drawdown of -88.30%. Use the drawdown chart below to compare losses from any high point for CVE and PXD. For additional features, visit the drawdowns tool.
Volatility
CVE vs. PXD - Volatility Comparison
Cenovus Energy Inc. (CVE) has a higher volatility of 7.00% compared to Pioneer Natural Resources Company (PXD) at 4.69%. This indicates that CVE's price experiences larger fluctuations and is considered to be riskier than PXD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Financials
CVE vs. PXD - Financials Comparison
This section allows you to compare key financial metrics between Cenovus Energy Inc. and Pioneer Natural Resources Company. 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