Cenovus Energy Inc vs Newmont Corporation — how do they compare? Cenovus Energy Inc trades at $29.96 (market cap $55.00B), while Newmont Corporation trades at $118.98 (market cap $123.50B). The key difference: Newmont Corporation is far larger — about 2.2× Cenovus Energy Inc's market cap, and Cenovus Energy Inc pays the higher dividend (2.09%). Which is the better fit depends on your goals.
| CVE | NEM | |
|---|---|---|
Market Cap | $55.00B | $123.50B |
Sector | Energy | Basic Materials |
52-Week High | $31.80 | $131.95 |
52-Week Low | $14.83 | $67.38 |
Enterprise Value | $61.08B | $120.09B |
Dividend Yield | 2.09% | 0.89% |
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 →Newmont Corp is primarily a gold producer with operations and/or assets in the United States, Canada, Mexico, Dominican Republic, Peru, Suriname, Argentina, Chile, Australia, and Ghana. It is also engaged in the production of copper, silver, lead and zinc. The company's operations are organized in five geographic regions: North America, South America, Australia, Africa and Nevada.
Read more on NEM →