Conagra Brands Inc vs Cenovus Energy Inc — how do they compare? Conagra Brands Inc trades at $14.93 (market cap $7.14B), while Cenovus Energy Inc trades at $29.96 (market cap $55.00B). The key difference: Cenovus Energy Inc is far larger — about 7.7× Conagra Brands Inc's market cap, and Conagra Brands Inc pays the higher dividend (8.2%). Which is the better fit depends on your goals.
| CAG | CVE | |
|---|---|---|
Market Cap | $7.14B | $55.00B |
Sector | Consumer Staples | Energy |
52-Week High | $20.02 | $31.80 |
52-Week Low | $12.58 | $14.83 |
Enterprise Value | $14.20B | $61.08B |
Dividend Yield | 8.2% | 2.09% |
Trailing returns across standard periods
Conagra Brands is a packaged food company that operates predominantly in the United States (over 90% of revenue and profits). It has a significant presence in the freezer aisle, with brands such as Marie Callender's, Healthy Choice, Banquet, and Birds Eye. Other popular brands include Duncan Hines, Hunt's, Slim Jim, Vlasic, Orville Redenbacher's, Reddi-wip, Wish-Bone, and Chef Boyardee. While the majority of revenue is sold into the U.S. retail channel, 9% of fiscal 2022 sales were to the food-service channel, down from 11% in fiscal 2019 due to the pandemic.
Read more on CAG →Cenovus Energy is an integrated oil company, focused on creating value through the development of its oil sands assets. The company also engages in production of conventional crude oil, natural gas liquids, and natural gas in Alberta, Canada, with refining operations in the U.S. Net upstream production averaged 472 thousand barrels of oil equivalent per day in 2020, and the company estimates that it holds 6.7 billion boe of proven and probable reserves.
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