Cenovus Energy Future Growth
Future criteria checks 1/6
Cenovus Energy's revenue is forecast to decline at 0.8% per annum while its annual earnings are expected to grow at 5% per year. EPS is expected to grow by 18.8% per annum. Return on equity is forecast to be 15.1% in 3 years.
Key information
5.0%
Earnings growth rate
18.8%
EPS growth rate
| Oil and Gas earnings growth | 8.2% |
| Revenue growth rate | -0.8% |
| Future return on equity | 15.1% |
| Analyst coverage | Low |
| Last updated | 13 Nov 2024 |
Recent future growth updates
Recent updates
Cash-Flow Gusher: Why Cenovus Remains One Of My Favorite Energy Plays
Nov 01Cenovus Energy: A Cash Flow Monster
Sep 04Cenovus Energy: Net Debt Target Bullseye So Here Comes The Cash
Aug 02The Negativity Toward Cenovus Energy Is Overdone
Jun 12Cenovus Energy: 29% Dividend Hike Is Just The Beginning
Jun 05Cash Flow Gusher: How Cenovus Energy Can Shower You With Dividends
May 12Cenovus Energy: My Top Pick Among Canadian Majors
Apr 10Cenovus Energy: Possibly One Of The Most Undervalued Energy Stocks
Feb 18Cenovus Energy: The Waiting Is The Hardest Part
Nov 16Canada's Best - Cenovus Is A Significantly Undervalued Buyback Powerhouse
Nov 06Cenovus Energy Inc: Not Getting A Lot Of Value Here
Oct 05Cenovus Energy: This Variable Can Turbocharge The E&P Rally
Sep 15Cenovus Energy: Massive Buybacks And Dividends Are Around The Corner
Aug 31Chevron Is Better Than Cenovus
Aug 23Cenovus Energy: Still Growing
Jul 24Cenovus Energy: Preferred Shares Look Incredibly Attractive
Jul 14Cenovus Energy: Investor Patience Could Be Rewarded Toward Year End
Jun 06Cenovus: What To Expect From Oil Sands Producer's Q4
Feb 14Cenovus Energy: Integration Continues
Jan 22The Trans Mountain Pipeline Expansion Will Benefit Cenovus
Jan 17Cenovus Energy goes ex-dividend tomorrow
Dec 13Cenovus Energy: Buy For The Income And Stay For The Growth
Nov 11Earnings and Revenue Growth Forecasts
| Date | Revenue | Earnings | Free Cash Flow | Cash from Op | Avg. No. Analysts |
|---|---|---|---|---|---|
| 12/31/2026 | 55,236 | 4,251 | 5,209 | 9,561 | 3 |
| 12/31/2025 | 58,967 | 4,085 | 4,261 | 9,537 | 5 |
| 12/31/2024 | 60,244 | 3,909 | 4,329 | 8,721 | 4 |
| 9/30/2024 | 55,665 | 3,703 | 5,445 | 10,152 | N/A |
| 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 | N/A | 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 |
Analyst Future Growth Forecasts
Earnings vs Savings Rate: CVE's forecast earnings growth (5% per year) is above the savings rate (2.6%).
Earnings vs Market: CVE's earnings (5% per year) are forecast to grow slower than the US market (15.5% per year).
High Growth Earnings: CVE's earnings are forecast to grow, but not significantly.
Revenue vs Market: CVE's revenue is expected to decline over the next 3 years (-0.8% per year).
High Growth Revenue: CVE's revenue is forecast to decline over the next 3 years (-0.8% per year).
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: CVE's Return on Equity is forecast to be low in 3 years time (15.1%).