Cenovus Energy Inc.

TSX:CVE.PRB Stock Report

Market Cap: CA$30.5b

Cenovus Energy Management

Management criteria checks 3/4

We currently do not have sufficient information about the CEO.

Key information

Jon McKenzie

Chief executive officer

CA$10.4m

Total compensation

CEO salary percentage10.9%
CEO tenure2yrs
CEO ownership0.06%
Management average tenureless than a year
Board average tenure4.6yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Jon McKenzie's remuneration changed compared to Cenovus Energy's earnings?
DateTotal CompensationSalaryCompany Earnings
Dec 31 2024CA$10mCA$1m

CA$3b

Sep 30 2024n/an/a

CA$4b

Jun 30 2024n/an/a

CA$5b

Mar 31 2024n/an/a

CA$5b

Dec 31 2023CA$9mCA$989k

CA$4b

Sep 30 2023n/an/a

CA$4b

Jun 30 2023n/an/a

CA$4b

Mar 31 2023n/an/a

CA$5b

Dec 31 2022CA$5mCA$750k

CA$6b

Sep 30 2022n/an/a

CA$5b

Jun 30 2022n/an/a

CA$4b

Mar 31 2022n/an/a

CA$2b

Dec 31 2021CA$6mCA$700k

CA$553m

Sep 30 2021n/an/a

CA$816m

Jun 30 2021n/an/a

CA$80m

Mar 31 2021n/an/a

-CA$371m

Dec 31 2020CA$4mCA$588k

-CA$2b

Sep 30 2020n/an/a

-CA$2b

Jun 30 2020n/an/a

-CA$2b

Mar 31 2020n/an/a

CA$287m

Dec 31 2019CA$4mCA$625k

CA$2b

Sep 30 2019n/an/a

CA$731m

Jun 30 2019n/an/a

CA$302m

Mar 31 2019n/an/a

-CA$2b

Dec 31 2018CA$5mCA$461k

-CA$3b

Compensation vs Market: Jon's total compensation ($USD7.50M) is about average for companies of similar size in the Canadian market ($USD7.78M).

Compensation vs Earnings: Jon's compensation has been consistent with company performance over the past year.

CEO

Jon McKenzie (56 yo)

2yrs

Tenure

CA$10,391,189

Compensation

Mr. Jonathan M. McKenzie, also known as Jon, CA, was Vice-Chair of Canadian Association of Petroleum Producers from November 2023 until November 2024 and is its Chair of the Board from November 2024. He se...

Leadership Team

NamePositionTenureCompensationOwnership
Alexander Pourbaix
Executive Chair7.4yrsCA$6.47m0.079%
CA$ 24.2m
Jonathan McKenzie
President2yrsCA$10.39m0.060%
CA$ 18.2m
Kam Sandhar
Executive VP & CFO1.6yrsCA$3.14m0.0094%
CA$ 2.9m
P. Dahlin
Executive VP & COOless than a yearno data0.0016%
CA$ 500.6k
Susan Anderson
Senior Vice-President of Legalless than a yearno data0.00069%
CA$ 210.6k
Jeffery Lawson
Executive VP of Corporate Development & Chief Sustainability Officer1.3yrsno data0.0094%
CA$ 2.9m
Candace Newman
Senior Vice-Presidentless than a yearno data0.00015%
CA$ 45.8k
Geoffrey Murray
Executive Vice-President of Commercialless than a yearno data0.0015%
CA$ 470.1k
Logan Popko
Senior Vice-President of Corporate & Operations Servicesless than a yearno datano data
John Soini
Executive Vice-Presidentno datano data0.0010%
CA$ 320.5k
Eric Zimpfer
Head of Downstreamno datano datano data

0.9yrs

Average Tenure

56yo

Average Age

Experienced Management: CVE.PRB's management team is not considered experienced ( 0.9 years average tenure), which suggests a new team.

Board Members

NamePositionTenureCompensationOwnership
Alexander Pourbaix
Executive Chair7.4yrsCA$6.47m0.079%
CA$ 24.2m
Jonathan McKenzie
President2yrsCA$10.39m0.060%
CA$ 18.2m
Claude Mongeau
Lead Independent Director8.3yrsCA$321.00k0.019%
CA$ 5.8m
Eva Kwok
Independent Director4.3yrsCA$253.00kno data
Frank Sixt
Independent Director4.3yrsCA$253.00k0.0035%
CA$ 1.1m
Rhonda Zygocki
Independent Director9yrsCA$275.00kno data
James Girgulis
Independent Director1.4yrsCA$262.00k0.00069%
CA$ 210.6k
Richard Marcogliese
Independent Director9yrsCA$274.50k0.0036%
CA$ 1.1m
Keith Casey
Independent Director5yrsCA$267.50k0.0011%
CA$ 335.8k
Michael Crothers
Independent Director1.4yrsCA$261.50k0.00027%
CA$ 82.4k
Melanie Little
Independent Director2.3yrsCA$266.00k0.00038%
CA$ 116.0k
Jane Kinney
Independent Director6yrsCA$287.50kno data

4.6yrs

Average Tenure

64yo

Average Age

Experienced Board: CVE.PRB's board of directors are considered experienced (4.6 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/04/28 04:05
End of Day Share Price 2025/04/25 00:00
Earnings2024/12/31
Annual Earnings2024/12/31

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.

Analysis Model and Snowflake

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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 Github.

Analyst Sources

Cenovus Energy Inc. is covered by 49 analysts. 4 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