Sifting through countless of stocks in the Oil, Gas & Consumable Fuels industry can be tedious, and sometimes two stocks are just too similar to judge which is the better investment. If you’re on the fence about investing in Antero Midstream Corporation or Cenovus Energy Inc. because you’re not sure how they measure up, it’s important to compare them on a few factors before making your decision.

Read on to learn how Antero Midstream Corporation and Cenovus Energy Inc. compare based on key financial metrics to determine which better meets your investment needs.

About Antero Midstream Corporation and Cenovus Energy Inc.

Antero Midstream Corporation owns, operates, and develops midstream energy assets in the Appalachian Basin. It operates in two segments, Gathering and Processing, and Water Handling. The gathering and processing segment includes a network of gathering pipelines and compressor stations that collect and process natural gas and NGLs from Antero Resources’ wells in West Virginia and Ohio. The Water Handling segment delivers water from sources, including the Ohio River, local reservoirs, and various regional waterways; other fluid handling services, which include transfer and disposal; uses water handling systems to transport flowback and produced water; and buried pipelines, surface pipelines, and water storage facilities, as well as pumping stations and blending facilities. Antero Midstream Corporation was founded in 2002 and is headquartered in Denver, Colorado.

Cenovus Energy Inc., together with its subsidiaries, develops, produces, refines, transports, and markets crude oil, natural gas, and refined petroleum products in Canada, the United States, and China. It operates through Upstream and Downstream segments. The company is involved in the development and production of bitumen and heavy oil; owns and operates pipeline gathering systems and terminals; operation of assets rich in NGLs and natural gas in Alberta and British Columbia; and offshore operations, exploration, and development activities in the East Coast of Canada and the Asia Pacific region. It also engages in refining, such as owned and operated Lloydminster upgrading and asphalt refining complex; owns and operates the Bruderheim crude-by-rail terminal and two ethanol plants; fuels business; and refining of crude oil to produce gasoline, diesel, jet fuel, asphalt, and other products. Cenovus Energy Inc. was founded in 2009 and is headquartered in Calgary, Canada.

Latest Oil, Gas & Consumable Fuels and Antero Midstream Corporation, Cenovus Energy Inc. Stock News

As of February 23, 2026, Antero Midstream Corporation had a $10.3 billion market capitalization, compared to the Oil, Gas & Consumable Fuels median of $2.5 million. Antero Midstream Corporation’s stock is NA in 2026, NA in the previous five trading days and up 31.04% in the past year.

Currently, Antero Midstream Corporation’s price-earnings ratio is 25.2. Antero Midstream Corporation’s trailing 12-month revenue is $1.3 billion with a 32.8% net profit margin. Year-over-year quarterly sales growth most recently was 3.1%. Analysts expect adjusted earnings to reach $1.278 per share for the current fiscal year. Antero Midstream Corporation currently has a 4.1% dividend yield.

Currently, Cenovus Energy Inc.’s price-earnings ratio is 14.4. Cenovus Energy Inc.’s trailing 12-month revenue is $36.2 billion with a 7.9% net profit margin. Year-over-year quarterly sales growth most recently was -10.9%. Analysts expect adjusted earnings to reach $0.704 per share for the current fiscal year. Cenovus Energy Inc. currently has a 3.5% dividend yield.

How We Compare Antero Midstream Corporation and Cenovus Energy Inc. Stock Grades

Stock evaluation requires access to huge amounts of data and the knowledge and time to sift through it all, make sense of financial ratios, read income statements and analyze recent stock movements. AAII created A+ Investor, a robust data suite that condenses data research in an actionable and customizable way suitable for investors of all knowledge levels, to help investors streamline and work through such data.

AAII’s proprietary stock grades come with A+ Investor. These offer intuitive A‐F grades for each of five key investing factors: value, growth, momentum, earnings estimate revisions and quality. Here, we’ll take a closer look at Antero Midstream Corporation and Cenovus Energy Inc.’s stock grades to see how they measure up against one another.

Learn more about A+ Investor here!

Sign Up to Receive a Free Special Report Showing How A+ Grades Can Help You Make Smarter Investment Decisions

Antero Midstream Corporation and Cenovus Energy Inc. Stock Value Grades

Company	Ticker	Value
Antero Midstream Corporation	AM	D
Cenovus Energy Inc.	CVE	B

Successful stock investing involves buying low and selling high, so stock valuation is an important consideration for stock selection.

Buying stocks that are going to go up typically means buying stocks that are undervalued in the first place, although momentum investors may argue that point.

AAII’s A+ Investor Value Grade derives from a stock’s value score. The Value Score is the percentile rank of the average of the percentile ranks of the price-to-sales ratio, price-earnings ratio, enterprise-value-to-EBITDA (EV/EBITDA) ratio, shareholder yield, price-to-book-value ratio and price-to-free-cash-flow ratio. The score is variable, meaning it can consider all six ratios or, should any of the six ratios not be valid, the remaining ratios that are valid. To be assigned a Value Score, stocks must have a valid (non-null) ratio and corresponding ranking for at least two of the six valuation ratios.

Stocks with a Value Score from 81 to 100 are considered deep value, those with a score between 61 and 80 are a good value and so on.

Antero Midstream Corporation has a Value Score of 31, which is Expensive. Cenovus Energy Inc. has a Value Score of 68, which is Value.

The Value Stock Winner: Cenovus Energy Inc.

As you can clearly see from the Value Grade breakdown above, Cenovus Energy Inc. is considered to have better value than Antero Midstream Corporation. For investors who focus solely on a company’s valuation, Cenovus Energy Inc. could be a good stock to add to their portfolio. However, it’s important for investors to analyze multiple factors based on a wide range of metrics before deciding whether to buy.

Antero Midstream Corporation and Cenovus Energy Inc.’s Quality Grades

Company	Ticker	Quality
Antero Midstream Corporation	AM	A
Cenovus Energy Inc.	CVE	C

Like the Value Grade, AAII’s A+ Investor Quality Grade comes from the percentile rank of key metrics. Specifically, the Quality Score is the percentile rank of the average of the percentile ranks of return on assets (ROA), return on invested capital (ROIC), gross profit relative to assets, buyback yield, change in total liabilities to assets, accruals, Z double prime bankruptcy risk (Z) score and the F-Score.

The score is variable, meaning it can consider all eight measures or, should any of the eight measures not be valid, the remaining measures that are valid. To be assigned a Quality Score, stocks must have a valid (non-null) measure and corresponding ranking for at least four of the eight quality measures.

The Quality Score is used to assess the underlying “quality” of a particular stock. A higher-quality stock possesses traits associated with upside potential and reduced downside risk. Backtesting of the Quality Grade shows that stocks with higher grades, on average, outperformed stocks with lower grades over the period of 1998 through 2019.

Stocks receive better grades (higher scores) for having higher scores for the quality subcomponents and worse grades (lower scores) for lower scores for the subcomponents.

Antero Midstream Corporation has a Quality Score of 84, which is Very Strong. Cenovus Energy Inc. has a Quality Score of 55, which is Average.

The Quality Grade Winner: Antero Midstream Corporation

As you can clearly see from the Quality Grade breakdown above, Antero Midstream Corporation has a better overall quality grade than Cenovus Energy Inc.. For investors who are looking for companies with higher quality than others in the same industry, Antero Midstream Corporation could be a good stock to add to their portfolios. However, it’s important for investors to analyze multiple factors based on a wide range of metrics before deciding whether to buy.

Antero Midstream Corporation and Cenovus Energy Inc.’s Momentum Grades

Company	Ticker	Momentum
Antero Midstream Corporation	AM	B
Cenovus Energy Inc.	CVE	B

Momentum grades help to uncover stocks experiencing anomalously high rates of return; research finds that stocks with high relative levels of momentum tend to outperform, whereas those with low levels of momentum tend to continue underperforming. Momentum is based on the price change of a stock over a specified period relative to all other stocks.

Typically, AAII looks at the weighted relative strength over the trailing four quarters. The weighted four-quarter relative strength rank is the relative price change for each of the past four quarters. The most recent quarterly price change is given a weight of 40% and each of the three previous quarters are given a weighting of 20%.

Antero Midstream Corporation has a Momentum Score of 70, which is Strong. Cenovus Energy Inc. has a Momentum Score of 77, which is Strong.

The Momentum Grade Winner: It’s a Tie!

Looking at the Momentum Grade breakdown above, both Antero Midstream Corporation and Cenovus Energy Inc. have a grade of B. For those who focus solely on a company’s momentum, further research will need to be conducted into both companies to see if they fit your individual needs as an investor.

Other Antero Midstream Corporation and Cenovus Energy Inc. Grades

In addition to Value, Momentum and Quality, A+ Investor also provides grades for Growth and Estimate Revisions.

Earnings estimate revisions scores take into account the magnitude of a company’s earnings surprise in its last two reported fiscal quarters. Often, surprises beget further surprises‐or at least continued sales growth (the exact opposite is generally true, too).

Growth investing builds on the idea that stocks of companies exhibiting strong, consistent and prolonged growth outperform those of slower-growth companies. AAII measures growth through consistency of annual sales growth, five-year sales growth rankings adjusted for extreme levels, and consistency of positive annual cash from operations.

These 2 key factors, when combined with the above, provide a holistic view into a particular stock. Further, by joining A+ Investor you can see whether Antero Midstream Corporation and Cenovus Energy Inc. pass any of our 60+ stock screens that have outperformed the market since their creation.

So, Which Is the Better Investment, Antero Midstream Corporation or Cenovus Energy Inc. Stock?

Overall, Antero Midstream Corporation stock has a Value Score of 31, Momentum Score of 70 and Quality Score of 84.

Cenovus Energy Inc. stock has a Value Score of 68, Momentum Score of 77 and Quality Score of 55.

Comparing Antero Midstream Corporation and Cenovus Energy Inc.’s grades, scores and metrics can act as a solid basis to determine whether they may be a good investment or not. You’ll also want to look at your portfolio’s asset allocation as well as your risk tolerance and financial goals to see if either of these stocks would make a good fit for you. AAII can help you figure out which investments align with your individual needs and preferences.

Investors are encouraged to do their own due diligence and research. In this way, individuals can effectively become managers of their own assets‐without having to rely on others for financial independence. You can count on AAII for timeless articles on financial planning and stock-picking, unbiased research and actionable analysis.

A+ Investor adds to our qualitative teaching with a powerful data suite to help you whittle down investment choices to find stocks, exchange-traded funds (ETFs) or mutual funds that meet your needs.

AAII Disclaimer

We make no representations or warranties that any investor will, or is likely to, achieve profits similar to those shown, because past, hypothetical or simulated performance is not necessarily indicative of future results. Before making an investment decision, you should consider your circumstances and whether the information on our content is applicable to your situation. This information was prepared in good faith, and we accept no liability for any errors or omissions. The full disclaimer can be read here.