Cenovus Energy Inc vs Wheaton Precious Metals Corp — how do they compare? Cenovus Energy Inc trades at $29.96 (market cap $55.00B), while Wheaton Precious Metals Corp trades at $136.69 (market cap $60.94B). The key difference: Cenovus Energy Inc and Wheaton Precious Metals Corp are close in size by market cap, and Cenovus Energy Inc pays the higher dividend (2.09%). Which is the better fit depends on your goals.
| CVE | WPM | |
|---|---|---|
Market Cap | $55.00B | $60.94B |
Sector | Energy | Basic Materials |
52-Week High | $31.80 | $165.72 |
52-Week Low | $14.83 | $91.02 |
Enterprise Value | $61.08B | $62.82B |
Dividend Yield | 2.09% | 0.58% |
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 →Wheaton Precious Metals Corp is a precious metal streaming company. The company has entered into over 20 long-term purchase agreements with 17 different mining companies, for the purchase of precious metals and cobalt. It has streaming agreements covering approximately 19 operating mines and 9 development stage projects. The company's projects include Vale's Salobo mine and silver streams on Glencore's Antamina mine and Goldcorp's Penasquito mine.
Read more on WPM →