Cenovus Energy (TSX:CVE) Stock Price & Quote Analysis

CVE fundamental analysis
Snowflake Score
Valuation	4/6
Future Growth	1/6
Past Performance	5/6
Financial Health	5/6
Dividends	2/6

CVE Stock Overview

Cenovus Energy Inc., together with its subsidiaries, develops, produces, and markets crude oil, natural gas liquids, and natural gas in Canada, the United States, and the Asia Pacific region.

Rewards

Trading at 64.8% below our estimate of its fair value

Earnings grew by 5107.5% over the past year

Risk Analysis

Earnings are forecast to decline by an average of 9.7% per year for the next 3 years

Significant insider selling over the past 3 months

Cenovus Energy Inc. Competitors

Imperial Oil

TSX:IMO

CA$35.7b

Suncor Energy

TSX:SU

CA$53.8b

Tourmaline Oil

TSX:TOU

CA$25.2b

Canadian Natural Resources

TSX:CNQ

CA$77.2b

Price History & Performance

Summary of all time highs, changes and price drops for Cenovus Energy
Historical stock prices
Current Share Price	CA$22.11
52 Week High	CA$31.19
52 Week Low	CA$9.23
Beta	3.2
1 Month Change	-2.77%
3 Month Change	-11.24%
1 Year Change	111.18%
3 Year Change	100.09%
5 Year Change	132.98%
Change since IPO	-21.87%

Shareholder Returns

	CVE	CA Oil and Gas	CA Market
7D	-1.3%	-1.1%	1.9%
1Y	111.2%	41.1%	-1.1%

Return vs Industry: CVE exceeded the Canadian Oil and Gas industry which returned 40.9% over the past year.

Return vs Market: CVE exceeded the Canadian Market which returned -2% over the past year.

Price Volatility

Is CVE's price volatile compared to industry and market?
CVE volatility
CVE Average Weekly Movement	7.4%
Oil and Gas Industry Average Movement	11.2%
Market Average Movement	10.8%
10% most volatile stocks in CA Market	19.4%
10% least volatile stocks in CA Market	4.3%

Stable Share Price: CVE is not significantly more volatile than the rest of Canadian stocks over the past 3 months, typically moving +/- 7% a week.

Volatility Over Time: CVE's weekly volatility (7%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
2009	5,938	Alex Pourbaix	https://www.cenovus.com

Cenovus Energy Inc., together with its subsidiaries, develops, produces, and markets crude oil, natural gas liquids, and natural gas in Canada, the United States, and the Asia Pacific region. The company operates through Oil Sands, Conventional, Offshore, Canadian Manufacturing, U.S. Manufacturing, and Retail segments.

Cenovus Energy Inc. Fundamentals Summary

How do Cenovus Energy's earnings and revenue compare to its market cap?
CVE fundamental statistics
Market Cap	CA$42.70b
Earnings (TTM)	CA$4.17b
Revenue (TTM)	CA$61.79b

10.2x

P/E Ratio

0.7x

P/S Ratio

Is CVE overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report
CVE income statement (TTM)
Revenue	CA$61.79b
Cost of Revenue	CA$46.34b
Gross Profit	CA$15.45b
Other Expenses	CA$11.28b
Earnings	CA$4.17b

Last Reported Earnings

Jun 30, 2022

Next Earnings Date

n/a

Earnings per share (EPS)	2.16
Gross Margin	25.00%
Net Profit Margin	6.74%
Debt/Equity Ratio	42.7%

How did CVE perform over the long term?

See historical performance and comparison

Dividends

1.9%

Current Dividend Yield

9%

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 Date	Sep 14 2022
Dividend Pay Date	Sep 29 2022
Days until Ex dividend	33 days
Days until Dividend pay date	48 days