Cenovus Energy Inc vs MGM Resorts International — how do they compare? Cenovus Energy Inc trades at $29.3 (market cap $55.00B), while MGM Resorts International trades at $43.5 (market cap $11.10B). The key difference: Cenovus Energy Inc is far larger — about 5× MGM Resorts International's market cap, and Cenovus Energy Inc pays the higher dividend (2.09%). Which is the better fit depends on your goals.
| CVE | MGM | |
|---|---|---|
Market Cap | $55.00B | $11.10B |
Sector | Energy | Consumer Cyclical |
52-Week High | $31.80 | $50.69 |
52-Week Low | $14.83 | $30.72 |
Enterprise Value | $61.08B | $38.40B |
Dividend Yield | 2.09% | 0.03% |
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 →MGM Resorts is the largest resort operator on the Las Vegas Strip with 35,000 guest rooms and suites, representing about one fourth of all units in the market. The company's Vegas properties include MGM Grand, Mandalay Bay, Cosmopolitan, Luxor, New York-New York, and CityCenter. The Strip contributed approximately 49% of total EBITDAR in the prepandemic year of 2019. MGM also owns U.S. regional assets, which represented 29% of 2019 EBITDAR. we estimate MGM's U.S. sports and iGaming operations are currently a mid-single-digit percentage of its total revenue. The company also operates the 56%-owned MGM Macau casinos with a new property that opened on the Cotai Strip in early 2018. Further, we estimate MGM will open a resort in Japan in 2027.
Read more on MGM →