🥇 First rule of investing? Know when to save! Up to 55% off InvestingPro before BLACK FRIDAYCLAIM SALE

Cenovus Energy Inc (CVE)

Toronto
Currency in CAD
22.43
-0.22(-0.97%)
Closed
CVE Scorecard
Full Analysis
Has raised its dividend for 4 consecutive years
Fair Value
Day's Range
22.3022.56
52 wk Range
19.8229.96
Bid/Ask
22.40 / 22.44
Prev. Close
22.65
Open
22.42
Day's Range
22.3-22.56
52 wk Range
19.82-29.96
Volume
4,160,094
Average Volume (3m)
5,573,566
1-Year Change
-9.99%
Fair Value
Unlock
Fair Value Upside
Unlock
CVE Scorecardpro icon
Company’s Health
pro lockUnlock
Fair Value
pro lockUnlock Price
Fair Pricepro lock
Upsidepro lock
Price Target
31.53
Upside
+40.57%
Members' Sentiments
Bearish
Bullish
ProTips
2 analysts have revised their earnings downwards for the upcoming period
Show more

Cenovus Energy Inc Company Profile

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.

Industry
Oil & Gas
Sector
Energy
Employees
5998
Market
Canada

Compare CVE to Peers and Sector

Metrics to compare
CVE
Peers
Sector
Relationship
P/E Ratio
11.1x12.4x4.5x
PEG Ratio
−1.67−0.260.00
Price/Book
1.4x1.8x1.1x
Price / LTM Sales
0.7x1.6x1.2x
Upside (Analyst Target)
38.2%23.7%31.5%
Fair Value Upside
Unlock14.5%9.0%Unlock

Dividends

Payout Ratio
Payout ratio (TTM)
Earnings retained
EPS 1.99
Dividend Yield
3.21%
Industry Median 1.60%
Annualized payout
0.7200
Paid quarterly
5-Years Growth
+31.12%
Growth Streak

People Also Watch

47.57
CNQ
-1.43%
239.37
CEG
-0.92%
141.90
VST
+4.55%
7.34
VRN
-1.87%
57.00
PPL
-0.23%

FAQ

What Is the Cenovus Energy Inc (CVE) Stock Price Today?

The Cenovus Energy Inc stock price today is 22.43

What Stock Exchange Does Cenovus Energy Inc Trade On?

Cenovus Energy Inc is listed and trades on the Toronto stock exchange.

What Is the Stock Symbol for Cenovus Energy Inc?

The stock symbol for Cenovus Energy Inc is "CVE."

Does Cenovus Energy Inc Pay Dividends? What’s The Current Dividend Yield?

The dividend yield is 3.21%.

What Is the Cenovus Energy Inc Market Cap?

As of today, Cenovus Energy Inc market cap is 40.97B.

What is Cenovus Energy Inc Earnings Per Share?

The Cenovus Energy Inc EPS is 1.99.

What Is the Next Cenovus Energy Inc Earnings Date?

Cenovus Energy Inc will release its next earnings report on Feb 11, 2025.

From a Technical Analysis Perspective, Is CVE a Buy or Sell?

Based on moving averages and other technical indicators, the daily buy/sell signal is Strong Sell.
Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.