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Cenovus Energy Inc (TSE:CVE)
TSX:CVE
CVE Stock Chart & Stats
Day’s Range― - ―
52-Week RangeC$20.16 - C$29.96
Previous CloseN/A
Volume1.45M
Average Volume (3M)4.67M
Market Cap
$40.06B
Enterprise ValueC$49.52B
Total Cash (Recent Filing)N/A
Total Debt (Recent Filing)N/A
Price to Earnings (P/E)11.0
Beta1.10
Next Earnings
Feb 20, 2025EPS Estimate
0.23Last Dividend Ex-Date
Dec 13, 2024Dividend Yield3.21%
Share Statistics
EPS (TTM)1.99
Shares Outstanding1,826,621,100
10 Day Avg. Volume4,584,060
30 Day Avg. Volume4,674,262
Standard Deviation0.18
R-Squared0.40
Alpha0.01
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)0.71
Price to Cash Flow (P/CF)4.10
P/FCF Ratio4.00
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
C$29.00Price Target Upside30.20% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering8
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Bulls Say, Bears Say
Bulls Say
Financial StrategyAnalyst's recommendation maintains a 'BUY' rating for Cenovus Energy, suggesting confidence in the company's future performance.
Growth PotentialCenovus Energy's Oil Sands assets are considered Tier 1, with significant growth projects planned, including Narrows Lake, Sunrise, and Foster Creek.
Operational AchievementsCenovus Energy successfully completed a significant amount of share repurchases, achieving its net debt target.
Bears Say
Cost ManagementTurnaround expenses are higher than estimates partly tied to procurement for future maintenance.
Downstream PerformanceThe company's poor downstream performance continues to overshadow its solid upstream business, which delivered better-than-expected results.
Financial ChallengesCenovus delivered another disappointing quarter, falling short of substantially lowered expectations.
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Options Prices
Currently, No data available
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Ownership Overview
0.21% Insiders
19.53% Mutual Funds
22.99% Other Institutional Investors
51.81% Public Companies and Individual Investors
CVE FAQ
What was Cenovus Energy Inc’s price range in the past 12 months?
Cenovus Energy Inc lowest stock price was C$20.16 and its highest was C$29.96 in the past 12 months.
What is Cenovus Energy Inc’s market cap?
Cenovus Energy Inc’s market cap is $40.06B.
When is Cenovus Energy Inc’s upcoming earnings report date?
Cenovus Energy Inc’s upcoming earnings report date is Feb 20, 2025 which is yesterday.
How were Cenovus Energy Inc’s earnings last quarter?
Cenovus Energy Inc released its earnings results on Feb 20, 2025. The company reported C$0.07 earnings per share for the quarter, missing the consensus estimate of C$0.227 by -C$0.157.
Is Cenovus Energy Inc overvalued?
According to Wall Street analysts Cenovus Energy Inc’s price is currently Undervalued.
Does Cenovus Energy Inc pay dividends?
Cenovus Energy Inc pays a Quarterly dividend of C$0.18 which represents an annual dividend yield of 3.21%. See more information on Cenovus Energy Inc dividends here
What is Cenovus Energy Inc’s EPS estimate?
Cenovus Energy Inc’s EPS estimate is 0.23.
How many shares outstanding does Cenovus Energy Inc have?
Cenovus Energy Inc has 1,826,621,100 shares outstanding.
What happened to Cenovus Energy Inc’s price movement after its last earnings report?
Cenovus Energy Inc reported an EPS of C$0.07 in its last earnings report, missing expectations of C$0.227. Following the earnings report the stock price went down -2.784%.
Which hedge fund is a major shareholder of Cenovus Energy Inc?
Currently, no hedge funds are holding shares in TSE:CVE
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Cenovus Energy Stock Smart Score
Neutral
1
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4
5
6
7
8
9
10
Analyst Consensus
Strong Buy
Average Price Target:
C$29.00 (30.20% Upside)
C$29.00 (30.20% Upside)
Blogger Sentiment
Bullish
TSE:CVE Sentiment 92%
Sector Average 69%
Sector Average 69%
Insider Transactions
Bought Shares
Worth $953.1K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Negative
Last 7 Days ▼ 0.3%
Last 30 Days ▼ 2.9%
Last 30 Days ▼ 2.9%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-7.09%
12-Months-Change
Fundamentals
Return on Equity
12.64%
Trailing 12-Months
Asset Growth
0.54%
Trailing 12-Months
Company Description
Cenovus Energy Inc
Cenovus Energy, Inc. engages in gas and oil provisions. Its activities include development, production, and marketing of crude oil, natural gas liquids (NGLS), and natural gas in Canada. It operates through four segments: Oil Sands, Deep Basin, Refining & Marketing, and Corporate & Eliminations. The Oil sands segment includes the development and production of bitumen in northeast Alberta including Foster Creek, Christina Lake and Narrows Lake as well as projects in the early stages of development. The Deep Basin segment includes includes land primarily in the Elmworth-Wapiti, Kaybob-Edson, and Clearwater operating areas. The Refining and Marketing segment provides transportation and selling of crude oil, antural gas and NGLS. The Corporate and Eliminations segment includes unrealized gains and losses recorded on derivative financial instruments, divestiture of assets, as well as other administrative, financing activities and research costs. The company was founded in 1881 and is headquartered in Calgary, Canada.
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CVE Company Deck
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CVE Earnings Call
Q4 2025
0:00 / 0:00
Earnings Call Sentiment|Neutral
The earnings call highlighted strong upstream performance, efficient turnaround operations, and positive impacts from the TMX pipeline, but faced challenges in the U.S. refining segment, weak natural gas prices, and specific refinery reliability issues.Read More>---
CVE Stock 12 Month Forecast
Average Price Target
C$29.00
▲(30.20% Upside)
Technical Analysis
Best Analysts Covering CVE
1 Year
1 Year Success Rate
15/27 ratings generated profit
1 Year Average Return
+15.84%
reiterated a buy rating 4 months ago
Copying Dennis Fong's trades and holding each position for 1 Year would result in 55.56% of your transactions generating a profit, with an average return of +15.84% per trade.
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