NYSE - Delayed Quote USD

Cenovus Energy Inc. (CVE)

21.46 +0.18 (+0.85%)
At close: April 26 at 4:00 PM EDT
21.43 -0.03 (-0.14%)
After hours: 8:00 PM EDT
Key Events
Loading Chart for CVE
DELL
  • Previous Close 21.28
  • Open 21.27
  • Bid 21.44 x 1100
  • Ask 21.45 x 2200
  • Day's Range 21.16 - 21.57
  • 52 Week Range 14.69 - 21.90
  • Volume 7,687,533
  • Avg. Volume 11,187,812
  • Market Cap (intraday) 40.055B
  • Beta (5Y Monthly) 2.78
  • PE Ratio (TTM) 13.85
  • EPS (TTM) 1.55
  • Earnings Date May 1, 2024
  • Forward Dividend & Yield 0.41 (1.94%)
  • Ex-Dividend Date Mar 14, 2024
  • 1y Target Est 23.68

Cenovus Energy Inc., together with its subsidiaries, develops, produces, refines, transports, and markets crude oil, natural gas, and refined petroleum products in Canada and internationally. The company operates through Oil Sands, Conventional, Offshore, Canadian Refining, and U.S. Refining segments. The Oil Sands segment develops and produces bitumen and heavy oil in northern Alberta and Saskatchewan. This segment assets include Foster Creek, Christina Lake, and Sunrise projects, as well as Lloydminster thermal and conventional heavy oil assets. The Conventional segment holds natural gas liquids and natural gas assets primarily located in Elmworth-Wapiti, Kaybob-Edson, Clearwater, and Rainbow Lake operating in Alberta and British Columbia, as well as interests in various natural gas processing facilities. The offshore segment engages in offshore operation, exploration, and development activities in China and the East Coast of Canada. The Canadian Refining segment owns and operates Lloydminster upgrading and asphalt refining complex, which converts heavy oil and bitumen into synthetic crude oil, diesel, asphalt, and other ancillary products, as well as Bruderheim crude-by-rail terminal and ethanol plants. The U.S. Refining segment refines crude oil to produce gasoline, diesel, jet fuel, asphalt, and other products. Cenovus Energy Inc. is headquartered in Calgary, Canada.

www.cenovus.com

6,925

Full Time Employees

December 31

Fiscal Year Ends

Energy

Sector

Recent News: CVE

Performance Overview: CVE

Trailing total returns as of 4/26/2024, which may include dividends or other distributions. Benchmark is

.

YTD Return

CVE
29.62%
S&P/TSX Composite index
4.82%

1-Year Return

CVE
29.14%
S&P/TSX Composite index
7.48%

3-Year Return

CVE
200.60%
S&P/TSX Composite index
15.01%

5-Year Return

CVE
128.72%
S&P/TSX Composite index
32.54%

Compare To: CVE

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Statistics: CVE

Valuation Measures

Annual
As of 4/25/2024
  • Market Cap

    39.60B

  • Enterprise Value

    45.61B

  • Trailing P/E

    13.71

  • Forward P/E

    10.81

  • PEG Ratio (5yr expected)

    --

  • Price/Sales (ttm)

    1.01

  • Price/Book (mrq)

    1.93

  • Enterprise Value/Revenue

    0.82

  • Enterprise Value/EBITDA

    4.38

Financial Highlights

Profitability and Income Statement

  • Profit Margin

    7.87%

  • Return on Assets (ttm)

    6.16%

  • Return on Equity (ttm)

    14.60%

  • Revenue (ttm)

    52.2B

  • Net Income Avi to Common (ttm)

    4.07B

  • Diluted EPS (ttm)

    1.55

Balance Sheet and Cash Flow

  • Total Cash (mrq)

    2.23B

  • Total Debt/Equity (mrq)

    34.64%

  • Levered Free Cash Flow (ttm)

    2.22B

Research Analysis: CVE

Analyst Price Targets

21.88
23.68 Average
21.46 Current
27.72 High
 

Analyst Recommendations

  • Strong Buy
  • Buy
  • Hold
  • Underperform
  • Sell
 

Earnings

Consensus EPS
 

Company Insights: CVE

Fair Value

21.46 Current
 

Dividend Score

0 Low
CVE
Sector Avg.
100 High
 

Hiring Score

0 Low
CVE
Sector Avg.
100 High
 

Insider Sentiment Score

0 Low
CVE
Sector Avg.
100 High
 

Research Reports: CVE

  • CVE: What does Argus have to say about CVE?

    CENOVUS ENERGY INC has an Investment Rating of BUY; a target price of $23.000000; an Industry Subrating of Low; a Management Subrating of High; a Safety Subrating of High; a Financial Strength Subrating of High; a Growth Subrating of Medium; and a Value Subrating of Medium.

    Rating
    Price Target
     
  • CVE: Lowering target price to $23.00

    CENOVUS ENERGY INC has an Investment Rating of BUY; a target price of $23.000000; an Industry Subrating of Low; a Management Subrating of High; a Safety Subrating of High; a Financial Strength Subrating of High; a Growth Subrating of Medium; and a Value Subrating of Medium.

    Rating
    Price Target
     
  • CVE: Raising target price to $24.00

    CENOVUS ENERGY INC has an Investment Rating of BUY; a target price of $24.000000; an Industry Subrating of Low; a Management Subrating of High; a Safety Subrating of High; a Financial Strength Subrating of High; a Growth Subrating of Medium; and a Value Subrating of Medium.

    Rating
    Price Target
     
  • CVE: Rating increased to a BUY

    CENOVUS ENERGY INC has an Investment Rating of BUY; a target price of $21.000000; an Industry Subrating of Low; a Management Subrating of High; a Safety Subrating of High; a Financial Strength Subrating of High; a Growth Subrating of Medium; and a Value Subrating of Medium.

    Rating
    Price Target
     

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