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Cenovus Energy TSX:CVE Stock Report

Last Price

CA$21.11

Market Cap

CA$38.6b

7D

2.2%

1Y

-4.3%

Updated

26 Dec, 2024

Data

Company Financials +

CVE Stock Overview

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

CVE fundamental analysis
Snowflake Score
Valuation5/6
Future Growth1/6
Past Performance2/6
Financial Health5/6
Dividends3/6

My Notes

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Cenovus Energy Inc. Competitors

Price History & Performance

Summary of share price highs, lows and changes for Cenovus Energy
Historical stock prices
Current Share PriceCA$21.11
52 Week HighCA$29.96
52 Week LowCA$19.82
Beta2.56
1 Month Change-3.08%
3 Month Change-6.14%
1 Year Change-4.26%
3 Year Change36.02%
5 Year Change60.29%
Change since IPO-25.41%

Recent News & Updates

Cenovus Energy (TSE:CVE) Has A Pretty Healthy Balance Sheet

Nov 26
Cenovus Energy (TSE:CVE) Has A Pretty Healthy Balance Sheet

Recent updates

Cenovus Energy (TSE:CVE) Has A Pretty Healthy Balance Sheet

Nov 26
Cenovus Energy (TSE:CVE) Has A Pretty Healthy Balance Sheet

Investors Continue Waiting On Sidelines For Cenovus Energy Inc. (TSE:CVE)

Oct 21
Investors Continue Waiting On Sidelines For Cenovus Energy Inc. (TSE:CVE)

Is Now The Time To Put Cenovus Energy (TSE:CVE) On Your Watchlist?

Oct 05
Is Now The Time To Put Cenovus Energy (TSE:CVE) On Your Watchlist?

Is Cenovus Energy (TSE:CVE) A Risky Investment?

Aug 19
Is Cenovus Energy (TSE:CVE) A Risky Investment?

Cenovus Energy Inc. (TSE:CVE) Shares Could Be 46% Below Their Intrinsic Value Estimate

Jul 20
Cenovus Energy Inc. (TSE:CVE) Shares Could Be 46% Below Their Intrinsic Value Estimate

Market Cool On Cenovus Energy Inc.'s (TSE:CVE) Earnings

Jul 04
Market Cool On Cenovus Energy Inc.'s (TSE:CVE) Earnings

Is Cenovus Energy (TSE:CVE) Using Too Much Debt?

Apr 14
Is Cenovus Energy (TSE:CVE) Using Too Much Debt?

Is Cenovus Energy Inc. (TSE:CVE) Trading At A 50% Discount?

Mar 05
Is Cenovus Energy Inc. (TSE:CVE) Trading At A 50% Discount?

Take Care Before Diving Into The Deep End On Cenovus Energy Inc. (TSE:CVE)

Jan 26
Take Care Before Diving Into The Deep End On Cenovus Energy Inc. (TSE:CVE)

Here's Why Cenovus Energy (TSE:CVE) Can Manage Its Debt Responsibly

Jan 05
Here's Why Cenovus Energy (TSE:CVE) Can Manage Its Debt Responsibly

Shareholder Returns

CVECA Oil and GasCA Market
7D2.2%2.4%1.7%
1Y-4.3%14.5%16.1%

Return vs Industry: CVE underperformed the Canadian Oil and Gas industry which returned 14.5% over the past year.

Return vs Market: CVE underperformed the Canadian Market which returned 16.1% over the past year.

Price Volatility

Is CVE's price volatile compared to industry and market?
CVE volatility
CVE Average Weekly Movement3.8%
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 has not had significant price volatility in the past 3 months compared to the Canadian market.

Volatility Over Time: CVE's weekly volatility (4%) 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 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

Earnings & Revenue

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

See historical performance and comparison

Dividends

3.9%

Current Dividend Yield

39%

Payout Ratio

Does CVE pay a reliable dividends?

See CVE dividend history and benchmarks
When do you need to buy CVE 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 pay a reliable dividends?

See CVE dividend history and benchmarks

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/26 00:56
End of Day Share Price 2024/12/24 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