Cenovus Energy Inc vs Oxford Lane Capital Corp — how do they compare? Cenovus Energy Inc trades at $29.77 (market cap $55.00B), while Oxford Lane Capital Corp trades at $9.3 (market cap $909.61M). The key difference: Cenovus Energy Inc is far larger — about 60.5× Oxford Lane Capital Corp's market cap, and Oxford Lane Capital Corp pays the higher dividend (25.76%). Which is the better fit depends on your goals.
| CVE | OXLC | |
|---|---|---|
Market Cap | $55.00B | $909.61M |
Sector | Energy | Financials |
52-Week High | $31.80 | $18.75 |
52-Week Low | $14.83 | $8.15 |
Enterprise Value | $61.08B | — |
Dividend Yield | 2.09% | 25.76% |
Trailing returns across standard periods
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 →Oxford Lane Capital Corp. is a non-diversified, closed-end management investment company. Its primary investment objective is to achieve high current income, with a secondary objective of capital appreciation. The company primarily invests in equity and junior debt tranches of collateralized loan obligations (CLOs), which are pools of corporate loans. OXLC is known for its high-yield distribution policy and provides investors with leveraged exposure to the CLO market.
Read more on OXLC →