Side by sideCenovus (CVE.TO) and Tourmaline (TOU.TO)Memos of October 14, 2026 and October 17, 2026
Cenovus vs Tourmaline stock: the numbers side by side (October 2026)
How do Cenovus and Tourmaline compare?
| Cenovus CVE.TO | Tourmaline TOU.TO | |
|---|---|---|
| Dividend yield | 1.9%Today (Oct 14, 2026) | 3.0%Today (Oct 17, 2026) |
| P/E, next 12 months | 10.7xToday (Oct 14, 2026) | 13.2xToday (Oct 17, 2026) |
| Weighted price forecast, about 1 year | 45.39 (-1%)October 2027 | 67.17 (+5 %)October 2027 |
| Weighted price forecast, about 3 years | 58.85 (+32%)October 2029 | 76.96 (+27 %)October 2029 |
Who leads on what?
| Leads | The lead is | |
|---|---|---|
| Dividend yield | Tourmaline | The higher figure |
| P/E, next 12 months | Cenovus | The lower figure |
| Weighted price forecast, about 1 year | Tourmaline | The higher weighted return |
| Weighted price forecast, about 3 years | Cenovus | The higher weighted return |
What does each company do?
Cenovus Energy produces crude oil, natural gas and NGLs—natural gas liquids such as propane and butane—and sells synthetic crude, fuels and industrial products to refiners, wholesalers, blenders and commercial customers.
Cenovus (CVE.TO), from our memo of October 14, 2026 · Cenovus stock forecast
Tourmaline Oil Corp. produces gas and liquids from western Canada for commercial buyers, including marketers—companies that buy and sell natural gas—and pipeline-connected customers.
Tourmaline (TOU.TO), from our memo of October 17, 2026 · Tourmaline stock forecast