Cenovus Energy Inc vs Kraft Heinz Co — how do they compare? Cenovus Energy Inc trades at $29.83 (market cap $55.00B), while Kraft Heinz Co trades at $24.66 (market cap $29.23B). The key difference: Cenovus Energy Inc is the larger of the two by market cap, and Kraft Heinz Co pays the higher dividend (6.49%). Which is the better fit depends on your goals.
| CVE | KHC | |
|---|---|---|
Market Cap | $55.00B | $29.23B |
Sector | Energy | Consumer Staples |
52-Week High | $31.80 | $28.06 |
52-Week Low | $14.83 | $21.21 |
Enterprise Value | $61.08B | $45.55B |
Dividend Yield | 2.09% | 6.49% |
Trailing returns across standard periods
Latest headlines on both assets
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.
Read more on CVE →In July 2015, Kraft merged with Heinz to create the third-largest food and beverage manufacturer in North America behind PepsiCo and Nestle and the fifth-largest player in the world. Beyond its namesake brands, the combined firm's portfolio includes Oscar Mayer, Velveeta, and Philadelphia. Outside North America, the firm's global reach includes a distribution network in Europe and emerging markets that drive around one fifth of its consolidated sales base, as its products are sold in more than 190 countries and territories.
Read more on KHC →