Cenovus Energy/CVE

$20.93

1.31%
-
1D1W1MYTD1YMAX

About Cenovus Energy

Cenovus Energy Inc. is a Canada-based integrated energy company. The Company has oil and natural gas production operations in Canada and the Asia Pacific region, and upgrading, refining and marketing operations in Canada and the United States. The Company's segments include Upstream, Downstream, and Corporate and Eliminations. Its Upstream segment includes Oil Sands, Conventional, and Offshore. Its Downstream segment consists of Canadian Manufacturing, and United States Manufacturing. The Company's upstream operations include oil sands projects in northern Alberta, thermal and conventional crude oil, natural gas and natural gas liquids (NGLs) projects across Western Canada, crude oil production offshore Newfoundland and Labrador and natural gas and NGLs production offshore China and Indonesia. The Company's downstream operations include upgrading and refining operations in Canada and the United States, and commercial fuel operations across Canada.

Ticker

CVE

Sector

Energy

Trading on

NYSE

Industry

Oil & Gas Operations

CEO

Alexander Pourbaix

Employees

5,998

Headquarters

Calgary, Canada

Cenovus Energy Metrics

BasicAdvanced
$53.14B
Market cap
13.45
P/E ratio
$2.12
EPS
2.76
Beta
$0.64
Dividend rate
1.96%
Dividend yield
$53.14B
2.7566
$29.96
$19.82
4.68M
$0.64
1.563
0.914
32.988
34.654
24.31%
18.093
21.39%
7.49%
14.75%
8.6%
13.453
1.018
1.897
2.062
25.745
1.47%
2.25%
1.96%
-21.96%
-33.41%
58.03%
75.27%

What the Analysts think about Cenovus Energy

Analyst Ratings

Majority rating from 18 analysts.
Buy

Price Targets

Average projection from 17 analysts.
13.62% upside
High $27.65
Low $21.47
$20.93
Current price
$23.78
Average price target

Cenovus Energy Financial Performance

Income StatementBalance sheetCash Flow

Income Statement

Revenues and expenses
5.65% profit margin
QuarterlyAnnual
Q4 23
QoQ growth
Revenue
CA$13.13B
-9.9%
Net income
CA$743M
-60.14%
Profit margin
5.65%
-55.79%

Cenovus Energy Earnings Performance

Earnings per share (EPS)

Company profitability
Missed by 3.12%
QuarterlyAnnual
Q1 23
Q2 23
Q3 23
Q4 23
Q1 24
Actual
CA$0.32
CA$0.44
CA$0.97
CA$0.39
-
Expected
CA$0.31
CA$0.42
CA$0.90
CA$0.40
CA$0.48
Surprise
3.56%
5.6%
8.02%
-3.12%
-
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Real time US market data is a consolidated feed of IEX, NYSE National, NYSE Chicago, Nasdaq BX and Nasdaq PSX order books provided by Polygon. Fundamental data, financials and analyst ratings are sourced from Refinitiv.

Upcoming events

FAQs

What’s the current market cap for Cenovus Energy stock?

Cenovus Energy (CVE) has a market cap of $53.14B as of April 20, 2024.

What is the P/E ratio for Cenovus Energy stock?

The price to earnings (P/E) ratio for Cenovus Energy (CVE) stock is 13.45 as of April 20, 2024.

Does Cenovus Energy stock pay dividends?

Yes, the Cenovus Energy (CVE) stock pays dividends to shareholders. As of April 20, 2024, the dividend rate is $0.64306 and the yield is 1.96%. Cenovus Energy has a payout ratio of 24.31% on a trailing twelve-month basis.

When is the next Cenovus Energy dividend payment date?

The next Cenovus Energy (CVE) dividend payment date is unconfirmed.

What is the beta indicator for Cenovus Energy?

Cenovus Energy (CVE) has a beta rating of 2.76. This means that it is more volatile than the market, on average. A beta of 1 would indicate the stock moves in-line with the market, while a beta of 2 would indicate the stock moves twice as much as the market.

What is the Cenovus Energy stock price target?

The target price for Cenovus Energy (CVE) stock is $23.77, which is 14% above the current price of $20.85. This is an average based on projections from 17 analysts, and represents their view of what the stock price could be in 12 or 18 months. This should not be seen as investment advice - Lightyear does not carry out investment research.

Buy or sell Cenovus Energy stock

Buy or sell Cenovus Energy stock

Stocks, funds and up to 4.50% interest earned on uninvested cash. When you invest, your capital is at risk.
Start investing