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Cenovus Energy NYSE:CVE Stock Report

Last Price

US$21.27

Market Cap

US$39.7b

7D

2.8%

1Y

30.1%

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
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$21.27
52 Week HighCA$21.90
52 Week LowCA$14.69
Beta2.78
1 Month Change7.32%
3 Month Change34.20%
1 Year Change30.09%
3 Year Change169.58%
5 Year Change126.52%
Change since IPO-14.92%

Recent News & Updates

Cenovus Energy: My Top Pick Among Canadian Majors

Apr 10

Cenovus Energy: Possibly One Of The Most Undervalued Energy Stocks

Feb 18

Recent updates

Cenovus Energy: My Top Pick Among Canadian Majors

Apr 10

Cenovus Energy: Possibly One Of The Most Undervalued Energy Stocks

Feb 18

Cenovus Energy: The Waiting Is The Hardest Part

Nov 16

Canada's Best - Cenovus Is A Significantly Undervalued Buyback Powerhouse

Nov 06

Cenovus Energy Inc: Not Getting A Lot Of Value Here

Oct 05

Cenovus Energy: This Variable Can Turbocharge The E&P Rally

Sep 15

Cenovus Energy: Massive Buybacks And Dividends Are Around The Corner

Aug 31

Chevron Is Better Than Cenovus

Aug 23

Cenovus Energy: Still Growing

Jul 24

Cenovus Energy: Preferred Shares Look Incredibly Attractive

Jul 14

Cenovus Energy: Investor Patience Could Be Rewarded Toward Year End

Jun 06

Cenovus: What To Expect From Oil Sands Producer's Q4

Feb 14

Cenovus Energy: Integration Continues

Jan 22

The Trans Mountain Pipeline Expansion Will Benefit Cenovus

Jan 17

Cenovus Energy goes ex-dividend tomorrow

Dec 13

Cenovus Energy: Buy For The Income And Stay For The Growth

Nov 11

Cenovus Energy GAAP EPS of C$0.81 misses by C$0.04, revenue of C$20.09B

Nov 02

Cenovus Energy: Don't Buy The Dip Until You See Analysts Panicking

Sep 29

Cenovus Energy goes ex-dividend tomorrow

Sep 13

Cenovus Energy: Growth Strategy Still In Place

Aug 29

Cenovus Energy: Prepare For The Cash Flood

Aug 09

Cenovus Energy GAAP EPS of C$1.19 beats by C$0.32, revenue of $19.2B beats by C$1.74B

Jul 28

Vltava Fund - Cenovus Energy: High-Quality And Low-Cost Assets

Jul 07

Cenovus: Buy The Dip

Jun 27

Cenovus Energy: Finally Mr. Market Responds

Jun 17

Cenovus Energy: Debt Down, Capital Returns Of 100% Of FCF In Q3

Jun 07

Shareholder Returns

CVEUS Oil and GasUS Market
7D2.8%2.3%1.2%
1Y30.1%16.0%24.7%

Return vs Industry: CVE exceeded the US Oil and Gas industry which returned 16% over the past year.

Return vs Market: CVE exceeded the US Market which returned 24.7% over the past year.

Price Volatility

Is CVE's price volatile compared to industry and market?
CVE volatility
CVE Average Weekly Movement3.5%
Oil and Gas Industry Average Movement4.5%
Market Average Movement6.0%
10% most volatile stocks in US Market16.6%
10% least volatile stocks in US Market3.0%

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

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 capUS$39.67b
Earnings (TTM)US$2.98b
Revenue (TTM)US$38.21b

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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