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Compare · CVE vs OBE

CVE vs OBE

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

Summary

  • Both CVE and OBE operate in Oil & Gas Production (Energy), so they compete in similar markets.
  • CVE is the larger of the two at $62.12B, about 76.7x OBE ($809.4M).
  • Over the past year, CVE is up 95.3% and OBE is up 95.7% - OBE leads by 0.4 points.
  • CVE has hit the wire 1 time in the past 4 weeks while OBE has been quiet.
  • CVE has more recent analyst coverage (22 ratings vs 8 for OBE).
PerformanceCVE+95.29%OBE+95.72%
2025-09-02+0.00%2026-09-01
MetricCVEOBE
Company
Cenovus Energy Inc
Obsidian Energy Ltd.
Price
$33.14+3.08%
$12.12+5.72%
Market cap
$62.12B
$809.4M
1M return
+12.11%
+18.60%
1Y return
+95.29%
+95.72%
Industry
Oil & Gas Production
Oil & Gas Production
Exchange
NYSE
AMEX
IPO
2022
News (4w)
1
0
Recent ratings
22
8
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.

OBE

Obsidian Energy Ltd.

Obsidian Energy Ltd. primarily focuses on the exploration, production, and development of oil and natural gas properties in the Western Canada Sedimentary Basin. The company was formerly known as Penn West Petroleum Ltd. and changed its name to Obsidian Energy Ltd. in June 2017. Obsidian Energy Ltd. is headquartered in Calgary, Canada.