Cenovus Energy Inc. (CVE)
$
13.91
+0.13 (0.93%)
Key metrics
Financial statements
Free cash flow per share
2.2889
Market cap
37.1 Billion
Price to sales ratio
0.6419
Debt to equity
0.3574
Current ratio
1.4173
Income quality
2.9392
Average inventory
4.3 Billion
ROE
0.1055
Technology
Technology – consumer electronics
Largecap
With a market cap of 121,78 bil stock is ranked 1
Low risk
ISS score of this stock is ranked 1
Company description
Profile
Cenovus Energy Inc., along with its subsidiaries, is actively engaged in the development, production, and marketing of crude oil, natural gas liquids, and natural gas across Canada, the United States, and the Asia Pacific region. With a focus on diverse operations, the company segments its activities into Oil Sands, Conventional, Offshore, Canadian Manufacturing, U.S. Manufacturing, and Retail. The Oil Sands segment is prominent in the production of bitumen and heavy oil in northern Alberta and Saskatchewan, encompassing projects such as Foster Creek, Christina Lake, Sunrise, and Tucker, along with assets in Lloydminster. The Conventional segment primarily operates in Alberta and British Columbia, involving key areas like Elmworth-Wapiti and Kaybob-Edson and maintaining various natural gas processing facilities. Exploration and development activities are central to the Offshore segment. In the Canadian Manufacturing segment, Cenovus oversees a Lloydminster facility that upgrades heavy oil and bitumen, producing synthetic crude oil and ancillary products, while also owning the Bruderheim crude-by-rail terminal and ethanol plants. The U.S. Manufacturing segment is involved in refining crude oil into a variety of products, including diesel and gasoline. The Retail segment focuses on the marketing of refined petroleum products through multiple channels. The weighted average number of shares outstanding is 1,848,035,000.00 highlighting the company's shareholder base. Additionally, the company incurred an income tax expense of $929,000,000.00 indicating its tax obligations, and recorded an operating income of $0.00 reflecting its earnings from core operations. Furthermore, the earnings per share (EPS) is reported at $1.68 indicating the company's profitability on a per-share basis, while the reported selling, general, and administrative expenses totaled $794,000,000.00 indicating the operational overhead costs. The stock is affordable at $14.04 making it an attractive option for budget-conscious investors. With a high average trading volume of 11,140,480.00 the company benefits from strong liquidity. It boasts a mid-range market capitalization of $25,366,693,300.00 positioning Cenovus as a steady performer within the industry. As a key player in the Oil & Gas Integrated industry, Cenovus significantly contributes to the overall market landscape. Moreover, it belongs to the Energy sector, driving innovation and growth, which indicates its strategic importance and potential for further development within the energy market.
What is Cenovus Energy Inc. (CVE)'s stock forecast?
Analysts predict Cenovus Energy Inc. stock to fluctuate between $12.08 (low) and $21.90 (high) in the next 365 days, reflecting market expectations and potential volatility.
What is Cenovus Energy Inc.'s market capitalization?
As of 2025-04-01, Cenovus Energy Inc.'s market cap is $25,366,693,300, based on 1,823,630,000 outstanding shares.
How does Cenovus Energy Inc. compare to competitors like Exxon Mobil Corporation?
Compared to Exxon Mobil Corporation, Cenovus Energy Inc. has a Lower Market-Cap, indicating a difference in performance.
How can I buy Cenovus Energy Inc. (CVE) stock?
To buy Cenovus Energy Inc. (CVE) stock: Open a brokerage account (e.g., Robinhood, TD Ameritrade, E-Trade). Search for CVE. Place an order (Market, Limit, etc.).
What is the best time to invest in Cenovus Energy Inc.?
The best time to invest depends on market trends and technical indicators, which show a Bullish trend based on economic conditions and company performance.
How did Cenovus Energy Inc. perform in the last earnings report?
Revenue: $57,726,000,000 | EPS: $1.68 | Growth: -20.75%.
Where can I find Cenovus Energy Inc.'s investor relations reports?
Visit https://www.cenovus.com/investor-relations for detailed financial reports.
Where can I find historical stock prices for Cenovus Energy Inc.?
You can explore historical data from here
What is the all-time high and low for Cenovus Energy Inc. stock?
All-time high: $24.91 (2022-06-08) | All-time low: $5.81 (2021-01-29).
What are the key trends affecting Cenovus Energy Inc. stock?
Key trends include market demand, economic conditions, interest rates, and industry competition, which influence the stock's performance.
News
reuters.com
Cenovus will begin planned maintenance work on multiple units at its 160,000-barrel-per-day refinery in Toledo, Ohio in mid April, a source familiar with plant operations said on Thursday.
zacks.com
Cenovus Energy (CVE) concluded the recent trading session at $14.30, signifying a +1.2% move from its prior day's close.
seekingalpha.com
The Series 5 preferred will be redeemed. This cuts the amount of preferred outstanding roughly in half when combined with the Series 3 redemption. The net debt level needs to decline to the C$4 billion level again. The capital budget is front end loaded. Therefore, free cash flow will be higher in the second half of the fiscal year.
zacks.com
In the closing of the recent trading day, Cenovus Energy (CVE) stood at $13.07, denoting a -1.13% change from the preceding trading day.
marketbeat.com
President Trump's 25% import tariffs on Mexico and Canada and an additional 10% tariff on China are causing investors to seek shelter from the potential fallout. Canada is of particular concern since it is a top supplier of energy to the United States, including crude oil and natural gas.
globenewswire.com
CALGARY, Alberta, Feb. 27, 2025 (GLOBE NEWSWIRE) -- Cenovus Energy Inc. (“Cenovus” or the “Company”) (TSX: CVE) (NYSE: CVE) announced today it will exercise its right to redeem the Company's 4.591% Series 5 Preferred Shares (the “Series 5 Preferred Shares”) on March 31, 2025 (the “Redemption”). All 8 million Series 5 Preferred Shares outstanding will be redeemed at the price of $25.00 per share, for an aggregate amount payable to holders of $200 million, less required withholdings, if any, funded primarily from cash on hand.
zacks.com
CVE's Q4 earnings and revenues lag estimates on lower contributions from key units. Both the top and bottom lines decrease year over year.
seekingalpha.com
CVE is cheap due to worries about tariffs, even though those are far from guaranteed. The company should see better free cash generation this year. CVE trades at a very undemanding valuation right now and offers a compelling shareholder yield.
seekingalpha.com
Cenovus Energy reported a weak quarter. Concerns include refining issues and increased debt amid negative free cash flow. Both Toledo and Superior refineries improved operations. The startup expenses have now ceased for both.
seekingalpha.com
Cenovus Energy Inc. (NYSE:CVE ) Q4 2024 Earnings Conference Call February 20, 2025 11:00 AM ET Company Participants Patrick Read - VP, IR Jon McKenzie - CEO Kam Sandhar - EVP, Strategy and Corporate Development Keith Chiasson - EVP, Downstream Geoff Murray - EVP, Commercial Conference Call Participants Menno Hulshof - TD Securities Dennis Fong - CIBC World Market Greg Pardy - RBC Capital Markets, Philippines Neil Mehta - Goldman Sachs John Royall - JPMorgan Dennis Fong - CIBC World Markets Manav Gupta - UBS Chris Barko - Calgary Herald Operator Good morning, ladies and gentlemen. Welcome to Cenovus Energy's Fourth Quarter and Full Year 2024 Results Conference Call.
See all news
