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CVE

Cenovus Energy TSX:CVE Stock Report

Last Price

CA$23.91

Market Cap

CA$45.0b

7D

-0.7%

1Y

-10.9%

Updated

03 Dec, 2023

Data

Company Financials +

CVE Stock Overview

Cenovus Energy Inc., together with its subsidiaries, develops, produces, refines, transports, and markets crude oil and natural gas in Canada and internationally.

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

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$23.91
52 Week HighCA$29.18
52 Week LowCA$20.31
Beta2.82
1 Month Change-8.53%
3 Month Change-12.77%
1 Year Change-10.92%
3 Year Change230.71%
5 Year Change135.33%
Change since IPO-15.51%

Recent News & Updates

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

Recent updates

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?

Analysts' Revenue Estimates For Cenovus Energy Inc. (TSE:CVE) Are Surging Higher

Apr 18
Analysts' Revenue Estimates For Cenovus Energy Inc. (TSE:CVE) Are Surging Higher

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

Apr 11
Is Cenovus Energy (TSE:CVE) Using Too Much Debt?

Need To Know: Analysts Are Much More Bullish On Cenovus Energy Inc. (TSE:CVE) Revenues

Feb 17
Need To Know: Analysts Are Much More Bullish On Cenovus Energy Inc. (TSE:CVE) Revenues

Industry Analysts Just Made A Notable Upgrade To Their Cenovus Energy Inc. (TSE:CVE) Revenue Forecasts

Jan 20
Industry Analysts Just Made A Notable Upgrade To Their Cenovus Energy Inc. (TSE:CVE) Revenue Forecasts

Shareholder Returns

CVECA Oil and GasCA Market
7D-0.7%0.1%1.4%
1Y-10.9%-2.5%-3.0%

Return vs Industry: CVE underperformed the Canadian Oil and Gas industry which returned -2.5% over the past year.

Return vs Market: CVE underperformed the Canadian Market which returned -3% 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 Movement6.8%
Market Average Movement8.8%
10% most volatile stocks in CA Market17.9%
10% least volatile stocks in CA Market3.6%

Stable Share Price: CVE is less volatile than 75% of Canadian stocks over the past 3 months, typically moving +/- 4% a week.

Volatility Over Time: CVE's weekly volatility (4%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
20095,998Jon McKenziehttps://www.cenovus.com

Cenovus Energy Inc., together with its subsidiaries, develops, produces, refines, transports, and markets crude oil and natural gas in Canada and internationally. The company operates through Oil Sands, Conventional, Offshore, Canadian Manufacturing, and U.S. Manufacturing segments.

Cenovus Energy Inc. Fundamentals Summary

How do Cenovus Energy's earnings and revenue compare to its market cap?
CVE fundamental statistics
Market CapCA$45.02b
Earnings (TTM)CA$4.11b
Revenue (TTM)CA$53.13b

10.9x

P/E Ratio

0.8x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
CVE income statement (TTM)
RevenueCA$53.13b
Cost of RevenueCA$41.52b
Gross ProfitCA$11.61b
Other ExpensesCA$7.50b
EarningsCA$4.11b

Last Reported Earnings

Sep 30, 2023

Next Earnings Date

n/a

Earnings per share (EPS)2.19
Gross Margin21.85%
Net Profit Margin7.74%
Debt/Equity Ratio25.1%

How did CVE perform over the long term?

See historical performance and comparison

Dividends

2.3%

Current Dividend Yield

28%

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 14 2023
Dividend Pay DateDec 29 2023
Days until Ex dividend10 days
Days until Dividend pay date25 days

Does CVE pay a reliable dividends?

See CVE dividend history and benchmarks