Cenovus Energy Inc vs Open Text Corporation — how do they compare? Cenovus Energy Inc trades at $29.78 (market cap $55.00B), while Open Text Corporation trades at $23.89 (market cap $5.80B). The key difference: Cenovus Energy Inc is far larger — about 9.5× Open Text Corporation's market cap, and Open Text Corporation pays the higher dividend (4.67%). Which is the better fit depends on your goals.
| CVE | OTEX | |
|---|---|---|
Market Cap | $55.00B | $5.80B |
Sector | Energy | Technology |
52-Week High | $31.80 | $39.69 |
52-Week Low | $14.83 | $20.01 |
Enterprise Value | $61.08B | $10.81B |
Dividend Yield | 2.09% | 4.67% |
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 →Open Text Corporation is a global leader in Enterprise Information Management (EIM) software and solutions. The company provides a comprehensive platform that helps organizations manage, secure, and leverage their unstructured digital content, including documents, emails, and media files. OTEX's offerings span content management, business process management, customer experience management, and security, serving large enterprises across various industries worldwide.
Read more on OTEX →