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Cenovus Energy TSX:CVE.PRA Stock Report

Last Price

CA$21.01

Market Cap

CA$38.6b

7D

0.8%

1Y

55.6%

Updated

25 Dec, 2024

Data

Company Financials +

Cenovus Energy Inc.

TSX:CVE.PRA Stock Report

Market Cap: CA$38.6b

CVE.PRA Stock Overview

Develops, produces, refines, transports, and markets crude oil, natural gas, and refined petroleum products in Canada and internationally. More details

CVE.PRA fundamental analysis
Snowflake Score
Valuation4/6
Future Growth1/6
Past Performance2/6
Financial Health5/6
Dividends3/6

Rewards

Trading at 63.9% below our estimate of its fair value

Earnings are forecast to grow 4.76% per year

Risk Analysis

Unstable dividend track record


My Notes

Capture your thoughts, links and company narrative

Cenovus Energy Inc. Competitors

Imperial Oil

TSX:IMO

CA$46.9b

Suncor Energy

TSX:SU

CA$63.7b

Pembina Pipeline

TSX:PPL

CA$30.8b

TC Energy

TSX:TRP

CA$69.1b

Price History & Performance

Summary of share price highs, lows and changes for Cenovus Energy
Historical stock prices
Current Share PriceCA$21.01
52 Week HighCA$21.31
52 Week LowCA$13.25
Beta2.56
1 Month Change-1.41%
3 Month Change20.89%
1 Year Change55.63%
3 Year Change18.03%
5 Year Changen/a
Change since IPO110.73%

Recent News & Updates

Recent updates

Shareholder Returns

CVE.PRACA Oil and GasCA Market
7D0.8%2.4%1.7%
1Y55.6%14.5%16.1%

Return vs Industry: CVE.PRA exceeded the Canadian Oil and Gas industry which returned 13.5% over the past year.

Return vs Market: CVE.PRA exceeded the Canadian Market which returned 16.3% over the past year.

Price Volatility

Is CVE.PRA's price volatile compared to industry and market?
CVE.PRA volatility
CVE.PRA Average Weekly Movement5.0%
Oil and Gas Industry Average Movement6.3%
Market Average Movement8.1%
10% most volatile stocks in CA Market17.4%
10% least volatile stocks in CA Market3.0%

Stable Share Price: CVE.PRA has not had significant price volatility in the past 3 months compared to the Canadian market.

Volatility Over Time: CVE.PRA's weekly volatility (5%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
n/a6,925Jon McKenziewww.cenovus.com

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.

Cenovus Energy Inc. Fundamentals Summary

How do Cenovus Energy's earnings and revenue compare to its market cap?
CVE.PRA fundamental statistics
Market capCA$38.56b
Earnings (TTM)CA$3.70b
Revenue (TTM)CA$55.67b

10.4x

P/E Ratio

0.7x

P/S Ratio

Is CVE.PRA overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
CVE.PRA income statement (TTM)
RevenueCA$55.67b
Cost of RevenueCA$44.80b
Gross ProfitCA$10.87b
Other ExpensesCA$7.16b
EarningsCA$3.70b

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)2.03
Gross Margin19.52%
Net Profit Margin6.65%
Debt/Equity Ratio24.7%

How did CVE.PRA perform over the long term?

See historical performance and comparison

Dividends

3.9%

Current Dividend Yield

39%

Payout Ratio

Does CVE.PRA pay a reliable dividends?

See CVE.PRA dividend history and benchmarks
When do you need to buy CVE.PRA by to receive an upcoming dividend?
Cenovus Energy dividend dates
Ex Dividend DateDec 13 2024
Dividend Pay DateDec 31 2024
Days until Ex dividend13 days
Days until Dividend pay date5 days

Does CVE.PRA pay a reliable dividends?

See CVE.PRA dividend history and benchmarks

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/25 07:51
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Cenovus Energy Inc. is covered by 51 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Harshit GuptaAccountability Research Corporation
Patrick O'RourkeATB Capital Markets
Yim ChengBarclays