Head-To-Head Comparison: Cenovus Energy (NYSE:CVE) vs. PEDEVCO (NYSE:PED)

Cenovus Energy (NYSE:CVE) and PEDEVCO (NYSE:PED) are both oils/energy companies, but which is the superior business? We will compare the two companies based on the strength of their risk, institutional ownership, earnings, profitability, dividends, valuation and analyst recommendations.

Profitability

This table compares Cenovus Energy and PEDEVCO’s net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Cenovus Energy	7.88%	14.85%	7.61%
PEDEVCO	6.97%	2.31%	2.07%

Insider and Institutional Ownership

51.2% of Cenovus Energy shares are owned by institutional investors. Comparatively, 3.3% of PEDEVCO shares are owned by institutional investors. 71.1% of PEDEVCO shares are owned by insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a company will outperform the market over the long term.

Earnings and Valuation

This table compares Cenovus Energy and PEDEVCO’s top-line revenue, earnings per share and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Cenovus Energy	$55.47 billion	0.70	$3.04 billion	$1.58	13.11
PEDEVCO	$30.78 million	2.58	$260,000.00	$0.02	44.52

Cenovus Energy has higher revenue and earnings than PEDEVCO. Cenovus Energy is trading at a lower price-to-earnings ratio than PEDEVCO, indicating that it is currently the more affordable of the two stocks.

Analyst Ratings

This is a summary of current recommendations and price targets for Cenovus Energy and PEDEVCO, as reported by MarketBeat.com.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Cenovus Energy	0	0	5	0	3.00
PEDEVCO	0	0	0	0	N/A

Cenovus Energy presently has a consensus target price of $26.67, suggesting a potential upside of 28.76%. Given Cenovus Energy’s higher probable upside, equities research analysts clearly believe Cenovus Energy is more favorable than PEDEVCO.

Risk & Volatility

Cenovus Energy has a beta of 2.15, suggesting that its share price is 115% more volatile than the S&P 500. Comparatively, PEDEVCO has a beta of 0.51, suggesting that its share price is 49% less volatile than the S&P 500.

Summary

Cenovus Energy beats PEDEVCO on 10 of the 13 factors compared between the two stocks.

About Cenovus Energy

Cenovus Energy Inc., together with its subsidiaries, develops, produces, refines, transports, and markets crude oil, natural gas, and refined petroleum products in Canada and internationally. The company operates through Oil Sands, Conventional, Offshore, Canadian Refining, and U.S. Refining segments. The Oil Sands segment develops and produces bitumen and heavy oil in northern Alberta and Saskatchewan. This segment assets include Foster Creek, Christina Lake, and Sunrise projects, as well as Lloydminster thermal and conventional heavy oil assets. The Conventional segment holds natural gas liquids and natural gas assets primarily located in Elmworth-Wapiti, Kaybob-Edson, Clearwater, and Rainbow Lake operating in Alberta and British Columbia, as well as interests in various natural gas processing facilities. The offshore segment engages in offshore operation, exploration, and development activities in China and the East Coast of Canada. The Canadian Refining segment owns and operates Lloydminster upgrading and asphalt refining complex, which converts heavy oil and bitumen into synthetic crude oil, diesel, asphalt, and other ancillary products, as well as Bruderheim crude-by-rail terminal and ethanol plants. The U.S. Refining segment refines crude oil to produce gasoline, diesel, jet fuel, asphalt, and other products. Cenovus Energy Inc. is headquartered in Calgary, Canada.

About PEDEVCO

PEDEVCO Corp., an oil and gas company, focuses on the acquisition, development, and production of oil and natural gas assets in the United States. It holds interest in the Permian Basin asset with approximately 22,271 net acres located in New Mexico, the United States; and D-J Basin asset with approximately 19,214 net acres located in Wyoming, the United States. The company is headquartered in Houston, Texas.