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Cenovus Energy TSX:CVE Stock Report

Last Price

CA$29.06

Market Cap

CA$54.2b

7D

1.8%

1Y

30.2%

Updated

24 Apr, 2024

Data

Company Financials +

CVE Stock Overview

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.

CVE fundamental analysis
Snowflake Score
Valuation3/6
Future Growth1/6
Past Performance2/6
Financial Health5/6
Dividends2/6

Rewards

Risk Analysis

CVE passed our risk checks.

Cenovus Energy Inc. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Cenovus Energy
Historical stock prices
Current Share PriceCA$29.06
52 Week HighCA$29.96
52 Week LowCA$19.82
Beta2.78
1 Month Change7.83%
3 Month Change35.99%
1 Year Change30.20%
3 Year Change199.28%
5 Year Change129.91%
Change since IPO2.69%

Recent News & Updates

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

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

Recent updates

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

Are Investors Undervaluing Cenovus Energy Inc. (TSE:CVE) By 35%?

Nov 06
Are Investors Undervaluing Cenovus Energy Inc. (TSE:CVE) By 35%?

These 4 Measures Indicate That Cenovus Energy (TSE:CVE) Is Using Debt Reasonably Well

Sep 30
These 4 Measures Indicate That Cenovus Energy (TSE:CVE) Is Using Debt Reasonably Well

Here's Why Cenovus Energy (TSE:CVE) Has Caught The Eye Of Investors

May 01
Here's Why Cenovus Energy (TSE:CVE) Has Caught The Eye Of Investors

A Look At The Intrinsic Value Of Cenovus Energy Inc. (TSE:CVE)

Mar 16
A Look At The Intrinsic Value Of Cenovus Energy Inc. (TSE:CVE)

Cenovus Energy (TSE:CVE) Seems To Use Debt Rather Sparingly

Feb 13
Cenovus Energy (TSE:CVE) Seems To Use Debt Rather Sparingly

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

Oct 11
Cenovus Energy (TSE:CVE) Has A Pretty Healthy Balance Sheet

Does Cenovus Energy (TSE:CVE) Deserve A Spot On Your Watchlist?

Aug 19
Does Cenovus Energy (TSE:CVE) Deserve A Spot On Your Watchlist?

Shareholder Returns

CVECA Oil and GasCA Market
7D1.8%1.7%1.2%
1Y30.2%16.8%6.1%

Return vs Industry: CVE exceeded the Canadian Oil and Gas industry which returned 16.8% over the past year.

Return vs Market: CVE exceeded the Canadian Market which returned 6.1% over the past year.

Price Volatility

Is CVE's price volatile compared to industry and market?
CVE volatility
CVE Average Weekly Movement3.2%
Oil and Gas Industry Average Movement6.8%
Market Average Movement9.1%
10% most volatile stocks in CA Market18.1%
10% least volatile stocks in CA Market3.1%

Stable Share Price: CVE's share price has been volatile over the past 3 months.

Volatility Over Time: CVE's weekly volatility (3%) 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$54.20b
Earnings (TTM)CA$4.07b
Revenue (TTM)CA$52.20b

13.3x

P/E Ratio

1.0x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
CVE income statement (TTM)
RevenueCA$52.20b
Cost of RevenueCA$41.21b
Gross ProfitCA$11.00b
Other ExpensesCA$6.92b
EarningsCA$4.07b

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

n/a

Earnings per share (EPS)2.18
Gross Margin21.06%
Net Profit Margin7.80%
Debt/Equity Ratio25.4%

How did CVE perform over the long term?

See historical performance and comparison

Dividends

1.8%

Current Dividend Yield

24%

Payout Ratio
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