Cenovus Energy Future Growth
Future criteria checks 0/6
Cenovus Energy's revenue and earnings are forecast to decline at 1.3% and 0.9% per annum respectively. EPS is expected to grow by 5.6% per annum. Return on equity is forecast to be 15.5% in 3 years.
Key information
-0.9%
Earnings growth rate
5.6%
EPS growth rate
| Oil and Gas earnings growth | 13.6% |
| Revenue growth rate | -1.3% |
| Future return on equity | 15.5% |
| Analyst coverage | Low |
| Last updated | 17 Aug 2024 |
Recent future growth updates
Recent updates
Earnings and Revenue Growth Forecasts
| Date | Revenue | Earnings | Free Cash Flow | Cash from Op | Avg. No. Analysts |
|---|---|---|---|---|---|
| 12/31/2026 | 55,669 | 4,463 | 5,824 | 10,070 | 3 |
| 12/31/2025 | 57,725 | 5,046 | 5,641 | 10,423 | 5 |
| 12/31/2024 | 58,147 | 4,783 | 5,011 | 9,953 | 4 |
| 6/30/2024 | 55,993 | 4,747 | 6,030 | 10,416 | N/A |
| 3/31/2024 | 53,339 | 4,613 | 5,366 | 9,599 | N/A |
| 12/31/2023 | 52,204 | 4,073 | 3,090 | 7,388 | N/A |
| 9/30/2023 | 53,133 | 4,114 | 3,010 | 7,412 | N/A |
| 6/30/2023 | 56,027 | 3,859 | 4,520 | 8,763 | N/A |
| 3/31/2023 | 62,961 | 5,426 | 5,689 | 9,752 | N/A |
| 12/31/2022 | 66,897 | 6,415 | 7,695 | 11,403 | N/A |
| 9/30/2022 | 66,560 | 5,224 | 7,348 | 10,617 | N/A |
| 6/30/2022 | 61,790 | 4,166 | 5,616 | 8,666 | N/A |
| 3/31/2022 | 53,262 | 1,958 | 4,294 | 7,056 | N/A |
| 12/31/2021 | 46,357 | 553 | 3,356 | 5,919 | N/A |
| 9/30/2021 | 36,380 | 816 | 2,007 | 3,985 | N/A |
| 6/30/2021 | 27,338 | 80 | 1,096 | 2,579 | N/A |
| 3/31/2021 | 18,875 | -371 | -720 | 376 | N/A |
| 12/31/2020 | 13,543 | -2,379 | -586 | 273 | N/A |
| 9/30/2020 | 14,631 | -2,113 | -166 | 763 | N/A |
| 6/30/2020 | 15,708 | -1,732 | -204 | 865 | N/A |
| 3/31/2020 | 19,137 | 287 | 1,802 | 2,974 | N/A |
| 12/31/2019 | 20,542 | 2,194 | 2,102 | 3,285 | N/A |
| 9/30/2019 | 19,888 | 731 | 1,880 | 3,030 | N/A |
| 6/30/2019 | 21,009 | 302 | 2,330 | 3,455 | N/A |
| 3/31/2019 | 21,238 | -1,892 | 1,544 | 2,713 | N/A |
| 12/31/2018 | 20,843 | -2,916 | 777 | 2,154 | N/A |
| 9/30/2018 | 21,378 | -2,342 | 892 | 2,569 | N/A |
| 6/30/2018 | 19,907 | -1,825 | 49 | 1,902 | N/A |
| 3/31/2018 | 18,112 | 1,143 | N/A | 2,608 | N/A |
| 12/31/2017 | 17,043 | 2,268 | N/A | 3,059 | N/A |
| 9/30/2017 | 15,288 | 2,835 | N/A | 2,323 | N/A |
| 6/30/2017 | 13,847 | 2,505 | N/A | 2,041 | N/A |
| 3/31/2017 | 12,556 | -284 | N/A | 1,007 | N/A |
| 12/31/2016 | 11,006 | -459 | N/A | 861 | N/A |
| 9/30/2016 | 10,606 | -891 | N/A | 1,019 | N/A |
| 6/30/2016 | 10,934 | 965 | N/A | 1,251 | N/A |
| 3/31/2016 | 11,914 | 1,322 | N/A | 1,381 | N/A |
| 12/31/2015 | 11,529 | 914 | N/A | 1,474 | N/A |
| 9/30/2015 | 14,378 | 787 | N/A | 2,020 | N/A |
| 6/30/2015 | 16,075 | -660 | N/A | 2,570 | N/A |
| 3/31/2015 | 17,771 | -171 | N/A | 3,344 | N/A |
| 12/31/2014 | 19,642 | 744 | N/A | 3,526 | N/A |
| 9/30/2014 | 20,151 | 1,158 | N/A | 3,634 | N/A |
| 6/30/2014 | 20,256 | 1,174 | N/A | 3,382 | N/A |
| 3/31/2014 | 19,350 | 738 | N/A | 3,101 | N/A |
| 12/31/2013 | 18,657 | 662 | N/A | 3,539 | N/A |
| 9/30/2013 | 17,634 | 603 | N/A | 3,321 | N/A |
Analyst Future Growth Forecasts
Earnings vs Savings Rate: CVE N's earnings are forecast to decline over the next 3 years (-0.9% per year).
Earnings vs Market: CVE N's earnings are forecast to decline over the next 3 years (-0.9% per year).
High Growth Earnings: CVE N's earnings are forecast to decline over the next 3 years.
Revenue vs Market: CVE N's revenue is expected to decline over the next 3 years (-1.3% per year).
High Growth Revenue: CVE N's revenue is forecast to decline over the next 3 years (-1.3% per year).
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: CVE N's Return on Equity is forecast to be low in 3 years time (15.5%).