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Cenovus Energy TSX:CVE.PRC Stock Report

Last Price

CA$24.70

Market Cap

CA$41.0b

7D

0.1%

1Y

19.7%

Updated

20 Nov, 2024

Data

Company Financials +

Cenovus Energy Inc.

TSX:CVE.PRC Stock Report

Market Cap: CA$41.0b

CVE.PRC Stock Overview

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

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

Rewards

Trading at 60.9% below our estimate of its fair value

Earnings are forecast to grow 5.01% per year

Risk Analysis

Unstable dividend track record


Cenovus Energy Inc. Competitors

Imperial Oil

TSX:IMO

CA$54.9b

Suncor Energy

TSX:SU

CA$71.9b

Pembina Pipeline

TSX:PPL

CA$34.4b

TC Energy

TSX:TRP

CA$72.2b

Price History & Performance

Summary of all time highs, changes and price drops for Cenovus Energy
Historical stock prices
Current Share PriceCA$24.70
52 Week HighCA$24.85
52 Week LowCA$20.45
Beta2.62
11 Month Change3.13%
3 Month Change2.92%
1 Year Change19.73%
33 Year Change5.51%
5 Year Changen/a
Change since IPO47.90%

Recent News & Updates

Recent updates

Shareholder Returns

CVE.PRCCA Oil and GasCA Market
7D0.1%2.9%0.7%
1Y19.7%18.0%21.7%

Return vs Industry: CVE.PRC exceeded the Canadian Oil and Gas industry which returned 16.5% over the past year.

Return vs Market: CVE.PRC underperformed the Canadian Market which returned 21.4% over the past year.

Price Volatility

Is CVE.PRC's price volatile compared to industry and market?
CVE.PRC volatility
CVE.PRC Average Weekly Movement1.2%
Oil and Gas Industry Average Movement6.6%
Market Average Movement8.3%
10% most volatile stocks in CA Market17.6%
10% least volatile stocks in CA Market2.9%

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

Volatility Over Time: CVE.PRC's weekly volatility (1%) 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.PRC fundamental statistics
Market capCA$40.95b
Earnings (TTM)CA$3.70b
Revenue (TTM)CA$55.67b

11.2x

P/E Ratio

0.7x

P/S Ratio

Is CVE.PRC overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
CVE.PRC 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.PRC perform over the long term?

See historical performance and comparison

Dividends

3.6%

Current Dividend Yield

39%

Payout Ratio

Does CVE.PRC pay a reliable dividends?

See CVE.PRC dividend history and benchmarks
When do you need to buy CVE.PRC by to receive an upcoming dividend?
Cenovus Energy dividend dates
Ex Dividend DateDec 13 2024
Dividend Pay DateDec 31 2024
Days until Ex dividend21 days
Days until Dividend pay date39 days

Does CVE.PRC pay a reliable dividends?

See CVE.PRC dividend history and benchmarks