IMO vs. CVE, SU, TRP, CCO, PPL, TOU, OVV, ARX, ENB, and CNQ
Should you be buying Imperial Oil stock or one of its competitors? The main competitors of Imperial Oil include Cenovus Energy (CVE), Suncor Energy (SU), TC Energy (TRP), Cameco (CCO), Pembina Pipeline (PPL), Tourmaline Oil (TOU), Ovintiv (OVV), ARC Resources (ARX), Enbridge (ENB), and Canadian Natural Resources (CNQ). These companies are all part of the "energy" sector.
Cenovus Energy (TSE:CVE) and Imperial Oil (TSE:IMO) are both large-cap energy companies, but which is the superior business? We will compare the two businesses based on the strength of their community ranking, risk, institutional ownership, earnings, dividends, media sentiment, valuation, profitability and analyst recommendations.
Imperial Oil has lower revenue, but higher earnings than Cenovus Energy. Imperial Oil is trading at a lower price-to-earnings ratio than Cenovus Energy, indicating that it is currently the more affordable of the two stocks.
Cenovus Energy received 415 more outperform votes than Imperial Oil when rated by MarketBeat users. Likewise, 58.91% of users gave Cenovus Energy an outperform vote while only 35.63% of users gave Imperial Oil an outperform vote.
Cenovus Energy pays an annual dividend of C$0.74 per share and has a dividend yield of 2.7%. Imperial Oil pays an annual dividend of C$2.40 per share and has a dividend yield of 2.5%. Cenovus Energy pays out 30.6% of its earnings in the form of a dividend. Imperial Oil pays out 27.9% of its earnings in the form of a dividend. Both companies have healthy payout ratios and should be able to cover their dividend payments with earnings for the next several years.
In the previous week, Imperial Oil had 3 more articles in the media than Cenovus Energy. MarketBeat recorded 4 mentions for Imperial Oil and 1 mentions for Cenovus Energy. Imperial Oil's average media sentiment score of 1.03 beat Cenovus Energy's score of 0.86 indicating that Cenovus Energy is being referred to more favorably in the media.
55.4% of Cenovus Energy shares are held by institutional investors. Comparatively, 26.8% of Imperial Oil shares are held by institutional investors. 31.5% of Cenovus Energy shares are held by insiders. Comparatively, 69.6% of Imperial Oil shares are held by insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a stock is poised for long-term growth.
Imperial Oil has a net margin of 9.50% compared to Imperial Oil's net margin of 8.72%. Cenovus Energy's return on equity of 20.78% beat Imperial Oil's return on equity.
Cenovus Energy presently has a consensus price target of C$33.54, suggesting a potential upside of 21.88%. Imperial Oil has a consensus price target of C$96.31, suggesting a potential upside of 1.12%. Given Imperial Oil's stronger consensus rating and higher possible upside, research analysts clearly believe Cenovus Energy is more favorable than Imperial Oil.
Cenovus Energy has a beta of 2.77, suggesting that its share price is 177% more volatile than the S&P 500. Comparatively, Imperial Oil has a beta of 1.83, suggesting that its share price is 83% more volatile than the S&P 500.
Summary
Cenovus Energy beats Imperial Oil on 11 of the 20 factors compared between the two stocks.
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This chart shows the number of new MarketBeat users adding IMO and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
This chart shows the average media sentiment of TSE and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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