OXY vs CVE
Comparison between Occidental Petroleum Corp (OXY, Company) and Cenovus Energy Inc (CVE, Company).
Both OXY and CVE are from the Energy sector.
5-Year PerformanceCVE has outperformed OXY, delivering a return of +32.3% compared to +15.6%
OXY vs CVE - Performance Comparison
Key Characteristics
Financial metrics and valuation ratios
OXY vs CVE - Historical Returns
Returns include dividend reinvestment.
OXY vs CVE - Annual Returns (1999 - 2026)
Returns include dividend reinvestment.
| Year | OXY | CVE |
|---|---|---|
| 2026 | +25.74% | +63.06% |
| 2025 | -15.66% | +14.53% |
| 2024 | -16.39% | -5.45% |
| 2023 | -1.02% | -6.75% |
| 2022 | +104.49% | +56.46% |
| 2021 | +66.37% | +100.10% |
| 2020 | -56.69% | -39.41% |
| 2019 | -28.93% | +42.28% |
| 2018 | -13.39% | -26.42% |
| 2017 | +6.99% | -38.78% |
| 2016 | +10.19% | +23.43% |
| 2015 | -12.65% | -35.68% |
| 2014 | -7.91% | -23.99% |
| 2013 | +25.22% | -13.39% |
| 2012 | -18.68% | -0.11% |
| 2011 | -2.53% | +1.74% |
| 2010 | +20.18% | +28.53% |
| 2009 | +33.49% | +1.62% |
| 2008 | -22.09% | N/A |
| 2007 | +67.48% | N/A |
| 2006 | +15.52% | N/A |
| 2005 | +43.60% | N/A |
| 2004 | +41.94% | N/A |
| 2003 | +49.68% | N/A |
| 2002 | +11.09% | N/A |
| 2001 | +13.77% | N/A |
| 2000 | +22.19% | N/A |
| 1999 | -3.77% | N/A |
OXY vs CVE Drawdown Comparison
The maximum drawdown for OXY was -88.06%, occurring on Oct 28, 2020. Recovery took 2848 trading sessions.
The maximum drawdown for CVE was -94.85%, occurring on Mar 18, 2020. Recovery took 3713 trading sessions.
The current OXY drawdown is -26.15%. The current CVE drawdown is -6.72%.
| Rank | OXY | CVE |
|---|---|---|
| #1 | -88.06% May 2, 2011 - Aug 24, 2022 | -94.85% Jul 22, 2011 - Apr 29, 2026 |
| #2 | -58.06% May 20, 2008 - Dec 10, 2010 | -18.93% Apr 14, 2010 - Oct 13, 2010 |
| #3 | -50.77% Nov 7, 2022 - Apr 8, 2025 | -16.58% Apr 8, 2011 - Jul 22, 2011 |
| #4 | -34.10% Nov 15, 1999 - May 17, 2000 | -12.97% Jan 4, 2010 - Apr 1, 2010 |
| #5 | -28.32% May 18, 2001 - May 16, 2002 | -10.99% Mar 2, 2011 - Apr 1, 2011 |
| #6 | -22.94% Aug 29, 2022 - Nov 7, 2022 | -9.62% Nov 27, 2009 - Jan 4, 2010 |
| #7 | -22.86% May 23, 2002 - Oct 15, 2002 | -7.42% Oct 13, 2010 - Nov 11, 2010 |
| #8 | -21.70% May 18, 2000 - Sep 15, 2000 | -6.72% May 5, 2026 - May 8, 2026 |
| #9 | -21.24% Sep 19, 2005 - Jan 9, 2006 | -6.40% Nov 11, 2010 - Dec 2, 2010 |
| #10 | -20.77% Sep 18, 2000 - Dec 26, 2000 | -5.81% Jan 4, 2011 - Jan 31, 2011 |
| #11 | -19.80% Jan 3, 2008 - Apr 16, 2008 | -3.73% Dec 6, 2010 - Dec 21, 2010 |
| #12 | -19.34% Aug 1, 2006 - May 17, 2007 | -3.53% Apr 5, 2010 - Apr 9, 2010 |
| #13 | -16.51% Jul 13, 2007 - Sep 18, 2007 | -2.66% Apr 1, 2011 - Apr 8, 2011 |
| #14 | -13.77% May 10, 2006 - Jul 31, 2006 | -1.50% Jan 31, 2011 - Feb 10, 2011 |
| #15 | -13.33% Dec 27, 2000 - Mar 7, 2001 | -1.42% Feb 23, 2011 - Feb 25, 2011 |
Correlation
Correlation between OXY and CVE is 0.61 which considered as a moderate positive correlation - the stocks show some tendency to move together.
Dividend Comparison (1999 - 2026)
OXY vs CVE dividend yield comparison.
| Year | OXY | CVE |
|---|---|---|
| 2026 | 0.49% | 0.52% |
| 2025 | 2.33% | 3.32% |
| 2024 | 1.78% | 3.92% |
| 2023 | 1.21% | 2.33% |
| 2022 | 0.83% | 1.81% |
| 2021 | 0.14% | 0.56% |
| 2020 | 4.74% | 0.75% |
| 2019 | 7.62% | 1.58% |
| 2018 | 5.05% | 2.34% |
| 2017 | 4.15% | 2.19% |
| 2016 | 4.24% | 1.32% |
| 2015 | 4.39% | 6.75% |
| 2014 | 7.43% | 5.16% |
| 2013 | 2.69% | 3.38% |
| 2012 | 2.82% | 2.62% |
| 2011 | 1.96% | 2.41% |
| 2010 | 1.50% | 2.41% |
| 2009 | 1.61% | 0.79% |
| 2008 | 2.02% | 0.00% |
| 2007 | 1.22% | 0.00% |
| 2006 | 1.64% | 0.00% |
| 2005 | 1.61% | 0.00% |
| 2004 | 1.88% | 0.00% |
| 2003 | 2.46% | 0.00% |
| 2002 | 3.51% | 0.00% |
| 2001 | 3.77% | 0.00% |
| 2000 | 4.12% | 0.00% |
| 1999 | 1.16% | 0.00% |
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