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Compare · CVE vs DVN

CVE vs DVN

Side-by-side comparison of Cenovus Energy Inc (CVE) and Devon Energy Corporation (DVN): market cap, price performance, sector, and recent activity on the wire.

Summary

  • Both CVE and DVN operate in Oil & Gas Production (Energy), so they compete in similar markets.
  • CVE is the larger of the two at $61.52B, about 1.1x DVN ($53.93B).
  • Over the past year, CVE is up 99.1% and DVN is up 39.8% - CVE leads by 59.3 points.
  • DVN has been more active in the news (8 items in the past 4 weeks vs 1 for CVE).
  • DVN has more recent analyst coverage (25 ratings vs 22 for CVE).
PerformanceCVE+99.06%DVN+39.79%
2025-09-03+0.00%2026-09-02
MetricCVEDVN
Company
Cenovus Energy Inc
Devon Energy Corporation
Price
$32.80-1.01%
$49.03-0.05%
Market cap
$61.52B
$53.93B
1M return
+14.22%
+11.31%
1Y return
+99.06%
+39.79%
Industry
Oil & Gas Production
Oil & Gas Production
Exchange
NYSE
NYSE
IPO
1985
News (4w)
1
8
Recent ratings
22
25
CVE

Cenovus Energy Inc

Cenovus Energy Inc., together with its subsidiaries, develops, produces, and markets crude oil, natural gas liquids, and natural gas in Canada, the United States and the Asia Pacific region. The company operates through Oil Sands, Conventional, and Refining and Marketing segments. The Oil Sands segment develops and produces bitumen in northeast Alberta. Its bitumen assets include Foster Creek, Christina Lake, and Narrows Lake, as well as other projects in the early stages of development. The Conventional segment holds assets primarily located in Elmworth-Wapiti, Kaybob-Edson, and Clearwater operating areas of British Columbia and Alberta, as well as various interests in natural gas processing facilities. The Refining and Marketing segment transports and sells crude oil, natural gas, and NGLs. This segment owns a 50% ownership in Wood River and Borger refineries located in the United States; and owns and operates a crude-by-rail terminal in Alberta. Cenovus Energy Inc. was founded in 2009 and is headquartered in Calgary, Canada.

DVN

Devon Energy Corporation

Devon Energy Corporation, an independent energy company, primarily engages in the exploration, development, and production of oil, natural gas, and natural gas liquids in the United States. It operates approximately 3,942 gross wells. Devon Energy Corporation was founded in 1971 and is headquartered in Oklahoma City, Oklahoma.