Cenovus Energy Inc vs Lockheed Martin Corporation — how do they compare? Cenovus Energy Inc trades at $29.77 (market cap $55.00B), while Lockheed Martin Corporation trades at $597.49 (market cap $137.96B). The key difference: Lockheed Martin Corporation is far larger — about 2.5× Cenovus Energy Inc's market cap, and Lockheed Martin Corporation pays the higher dividend (2.31%). Which is the better fit depends on your goals.
| CVE | LMT | |
|---|---|---|
Market Cap | $55.00B | $137.96B |
Sector | Energy | Industrials |
52-Week High | $31.80 | $676.70 |
52-Week Low | $14.83 | $431.56 |
Enterprise Value | $61.08B | $154.71B |
Dividend Yield | 2.09% | 2.31% |
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 →Lockheed Martin is the largest defense contractor globally and has dominated the Western market for high-end fighter aircraft since the F-35 program was awarded in 2001. Lockheed's largest segment is aeronautics, which is dominated by the massive F-35 program. Lockheed's remaining segments are rotary and mission systems, which is mainly the Sikorsky helicopter business.
Read more on LMT →