Should I buy or sell Cenovus Energy stock right now?

5 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Cenovus Energy in the last twelve months. There are currently 5 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" CVE shares. View CVE analyst ratings or view top-rated stocks .

What is Cenovus Energy's stock price target for 2024?

5 Wall Street analysts have issued 1-year target prices for Cenovus Energy's stock. Their CVE share price targets range from $22.00 to $30.00. On average, they anticipate the company's stock price to reach $26.67 in the next year. This suggests a possible upside of 28.8% from the stock's current price. View analysts price targets for CVE or view top-rated stocks among Wall Street analysts .

How have CVE shares performed in 2024?

Cenovus Energy's stock was trading at $16.65 on January 1st, 2024. Since then, CVE shares have increased by 24.4% and is now trading at $20.71. View the best growth stocks for 2024 here .

Are investors shorting Cenovus Energy?

Cenovus Energy saw a drop in short interest in the month of March. As of March 15th, there was short interest totaling 28,290,000 shares, a drop of 18.1% from the February 29th total of 34,560,000 shares. Based on an average daily trading volume, of 11,690,000 shares, the short-interest ratio is presently 2.4 days. Approximately 2.1% of the company's stock are sold short. View Cenovus Energy's Short Interest .

When is Cenovus Energy's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, April 24th 2024. View our CVE earnings forecast .

How were Cenovus Energy's earnings last quarter?

Cenovus Energy Inc. (NYSE:CVE) released its earnings results on Thursday, February, 15th. The oil and gas company reported $0.29 EPS for the quarter, topping analysts' consensus estimates of $0.25 by $0.04. The oil and gas company had revenue of $9.65 billion for the quarter, compared to the consensus estimate of $9.73 billion. Cenovus Energy had a trailing twelve-month return on equity of 14.85% and a net margin of 7.88%. During the same period last year, the business earned $0.29 earnings per share.

How often does Cenovus Energy pay dividends? What is the dividend yield for Cenovus Energy?

Cenovus Energy declared a quarterly dividend on Thursday, February 15th. Shareholders of record on Friday, March 15th will be paid a dividend of $0.1033 per share on Thursday, March 28th. This represents a $0.41 annualized dividend and a dividend yield of 2.00%. The ex-dividend date of this dividend is Thursday, March 14th. This is a boost from the stock's previous quarterly dividend of $0.10. Read our dividend analysis for CVE .

Is Cenovus Energy a good dividend stock?

Cenovus Energy (NYSE:CVE) pays an annual dividend of $0.41 per share and currently has a dividend yield of 2.00%. The dividend payout ratio is 25.95%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, CVE will have a dividend payout ratio of 18.81% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for CVE .

What ETFs hold Cenovus Energy's stock?

ETFs with the largest weight of Cenovus Energy (NYSE:CVE) stock in their portfolio include Cambiar Aggressive Value ETF (CAMX) , Capital Group International Focus Equity ETF (CGXU) , JPMorgan BetaBuilders Canada ETF (BBCA) , AXS Astoria Inflation Sensitive ETF (PPI) , iShares North American Natural Resources ETF (IGE) , SPDR S&P North American Natural Resources ETF (NANR) , iShares Global Energy ETF (IXC) and iShares MSCI Intl Quality Factor ETF (IQLT) .

What is Alex Pourbaix's approval rating as Cenovus Energy's CEO?

72 employees have rated Cenovus Energy Chief Executive Officer Alex Pourbaix on Glassdoor.com . Alex Pourbaix has an approval rating of 80% among the company's employees.

What other stocks do shareholders of Cenovus Energy own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Cenovus Energy investors own include General Electric (GE) , Bank of America (BAC) , Suncor Energy (SU) , Intel (INTC) , Micron Technology (MU) , QUALCOMM (QCOM) , AT&T (T) , Enbridge (ENB) , Cisco Systems (CSCO) and Enterprise Products Partners (EPD) .

Who are Cenovus Energy's major shareholders?

Cenovus Energy's stock is owned by many different retail and institutional investors. Top institutional shareholders include Nexus Investment Management ULC (0.09%), Guinness Asset Management LTD (0.04%), Addenda Capital Inc. (0.03%), Foundation Resource Management Inc. (0.02%), Hennessy Advisors Inc. (0.02%) and IMC Chicago LLC (0.00%).

How do I buy shares of Cenovus Energy?

Shares of CVE stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here .

NYSE:CVE

Cenovus Energy (CVE) Stock Price, News & Analysis

→ IRS Loophole Gives Americans An Escape From Inflation (From Birch Gold) (Ad)

Free CVE Stock Alerts

$20.88

+0.18 (+0.87%)

(As of 10:04 AM ET)

Compare

Today's Range: $20.75
▼
$20.94
50-Day Range: $16.23
▼
$21.80
52-Week Range: $14.69
▼
$21.90

Volume: 331,869 shs
Average Volume: 11.44 million shs
Market Capitalization: $38.94 billion

P/E Ratio: 13.22
Dividend Yield: 1.96%
Price Target: $26.67

Get Cenovus Energy alerts:

Cenovus Energy MarketRank™ Stock Analysis

Analyst Rating: Buy
3.00 Rating Score
Upside/Downside: 28.8% Upside
$26.67 Price Target
Short Interest: Healthy
2.24% of Float Sold Short
Dividend Strength: Moderate
Based on Four Factors
Sustainability: -8.62
Upright™ Environmental Score
News Sentiment: 1.13
Based on 7 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: 20.44%
From $1.81 to $2.18 Per Share

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.63 out of 5 stars

Oils/Energy Sector

16th out of 235 stocks

Crude Petroleum & Natural Gas Industry

5th out of 75 stocks

3.5

Analyst's Opinion

Consensus Rating
Cenovus Energy has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 5 buy ratings, no hold ratings, and no sell ratings.
Amount of Analyst Coverage
Cenovus Energy has only been the subject of 3 research reports in the past 90 days.

3.0

Short Interest

Percentage of Shares Shorted
2.24% of the float of Cenovus Energy has been sold short.
Short Interest Ratio / Days to Cover
Cenovus Energy has a short interest ratio ("days to cover") of 2.6, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in Cenovus Energy has recently increased by 4.63%, indicating that investor sentiment is decreasing.

2.5

Dividend Strength

Dividend Yield
Cenovus Energy pays a meaningful dividend of 2.00%, higher than the bottom 25% of all stocks that pay dividends.
Dividend Growth
Cenovus Energy does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of Cenovus Energy is 25.95%. This payout ratio is at a healthy, sustainable level, below 75%.
Dividend Sustainability
Based on earnings estimates, Cenovus Energy will have a dividend payout ratio of 18.81% next year. This indicates that Cenovus Energy will be able to sustain or increase its dividend.

0.0

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
Cenovus Energy has received a -131.24% net impact score from Upright. The largest negative impact of Cenovus Energy in category "GHG emissions" seems to be driven mostly by its "Gasoline", "Oil sand", "Refined oil shale", "Diesel rail freight transport services for the energy industry", "Conventional crude oil", and "Conventional natural gas" products. See details.
Environmental Sustainability
The Environmental Impact score for Cenovus Energy is -8.62.

4.0

News and Social Media Coverage

News Sentiment
Cenovus Energy has a news sentiment score of 1.13. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.53 average news sentiment score of Oils/Energy companies.
News Coverage This Week
MarketBeat has tracked 7 news articles for Cenovus Energy this week, compared to 4 articles on an average week.
Search Interest
37 people have searched for CVE on MarketBeat in the last 30 days. This is an increase of 9% compared to the previous 30 days.
MarketBeat Follows
16 people have added Cenovus Energy to their MarketBeat watchlist in the last 30 days. This is an increase of 78% compared to the previous 30 days.

0.8

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Cenovus Energy insiders have not sold or bought any company stock.
Percentage Held by Institutions
51.19% of the stock of Cenovus Energy is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

3.1

Earnings and Valuation

Earnings Growth
Earnings for Cenovus Energy are expected to grow by 20.44% in the coming year, from $1.81 to $2.18 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Cenovus Energy is 13.11, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 133.58.
Price to Earnings Ratio vs. Sector
The P/E ratio of Cenovus Energy is 13.11, which means that it is trading at a less expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 17.52.
Price to Book Value per Share Ratio
Cenovus Energy has a P/B Ratio of 1.86. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

Ad Birch Gold

IRS Loophole Gives Americans An Escape From Inflation

In the years immediately following 2008-09, as the economy stagnated, gold exploded in value. Today, Goldman Sachs is telling its clients that gold may reach $2,250 within the next few years. Don't miss your chance to diversify your savings.

Request your info kit on gold now

About Cenovus Energy Stock (NYSE:CVE)

Cenovus Energy Inc. is a Canadian-based large-cap integrated energy company. The company was formed in 2009 with the split of Encana and is, or was, the oil-focused branch of the business. Including its predecessor, Cenovus Energy Inc can trace its roots back to the 1880s and the first Canadian transcontinental railroad. The founders of the railroad received mineral-rich land grants as part of their reward and those land rights were levered into the energy companies we know today.

Since the split, Cenovus Energy Inc. has made some major investments by buying out partner stakes in joint ventures and acquiring independent companies as well. Two major acquisitions, one in 2017 and the other in 2021, grew Cenovus Energy Inc. to be Canada’s 3rd largest producer of crude and natural gas and its 2nd largest refiner. Cenovus Energy Inc. is located in Calgary, Alberta.

Today, Cenovus Energy explores, produces, and markets crude oil and natural gas in North America and Asia. The company operates through 4 primary segments that include Oil Sands, Conventional, Offshore, Upgrading & Refining, and Value Chain. The oil sands segment is the core of the business and includes 3 primary projects that are Foster Creek, Christina Lake and Sunrise in northern Alberta, and Saskatchewan.

The Conventional segment operates in western Canada and holds deposits of natural gas and natural gas liquids. These projects are located in Elmworth-Wapiti, Kaybob-Edson, Clearwater, and Rainbow Lake. Holdings include upstream production as well as mid and downstream pipelines, storage, and delivery assets.

The offshore segment operates primarily in Labrador, Newfoundland, and the Asia-Pacific region specifically Indonesia and offshore China. This segment is engaged primarily in the exploration, development, and production of natural gas and crude oil fields.

The Upgrading & Refining segment has operations in the U.S. and Canada including 3 wholly-owned and 2 partially-owned refineries, midstream pipelines, and storage facilities. Its addition to the portfolio not only expanded revenue and earnings but helps reduce exposure to oil price volatility.

The Value Chain segment of the business has operations across all aspects of the value chain to help develop, transport, store, market and deliver natural gas, natural gas liquids and crude oil products in Canada and the US. The company’s network is not only vertically integrated but physically as well which is another factor that helps reduce exposure to oil market volatility. Among the many products offered are asphalt, natural gas, petcoke, ethanol, sulfur and transportation fuels. Petcoke, ironically, is a stable fuel derived from heavy oil that is used for electrical power generation.

The company is investing heavily in the future to include carbon storage. The company has committed to reducing its absolute GHG emission by 35% by 2035 and to achieving Net-0 carbon by 2050. The plan is to invest in technology to increase efficiency and electrify large portion of operations

CVE Stock Price History

30 days | 90 days | 365 days | Advanced Chart

CVE Stock News Headlines

April 17, 2024 | finance.yahoo.com

Cenovus Energy (CVE) Surged on WTI Oil Price Increase

April 17, 2024 | finance.yahoo.com

Cenovus Energy (CVE) to Report Q1 Results: Wall Street Expects Earnings Growth

April 18, 2024 | Birch Gold (Ad)

IRS Loophole Gives Americans An Escape From Inflation

April 17, 2024 | theglobeandmail.com

Wednesday’s Insider Report: CEO invests over $1.4-million in this energy stock

April 13, 2024 | americanbankingnews.com

Cenovus Energy (NYSE:CVE) Rating Increased to Buy at StockNews.com

April 11, 2024 | benzinga.com

Cenovus Energy Pumps $1.5B Into Ohio Refineries: Report

April 11, 2024 | wsj.com

Cenovus Energy Inc. Cum. Redeem. Pfd. Series 2

April 11, 2024 | finance.yahoo.com

Cenovus Energy to invest $1.5 billion in Ohio refineries

April 18, 2024 | Birch Gold (Ad)

IRS Loophole Gives Americans An Escape From Inflation

April 11, 2024 | reuters.com

Cenovus Energy to invest $1.5 billion in Ohio refineries

April 11, 2024 | americanbankingnews.com

Critical Survey: PEDEVCO (NYSE:PED) and Cenovus Energy (NYSE:CVE)

April 10, 2024 | seekingalpha.com

Cenovus Energy: My Top Pick Among Canadian Majors

April 9, 2024 | seekingalpha.com

Cenovus Energy: Several Catalysts Could Soon Unlock The Value

April 3, 2024 | finance.yahoo.com

Cenovus Energy Stock Sees Improved Relative Strength

March 20, 2024 | finance.yahoo.com

CVE Mar 2024 19.500 put

March 16, 2024 | finance.yahoo.com

CVE Mar 2024 15.000 put

March 15, 2024 | sg.finance.yahoo.com

CVE Mar 2024 9.000 call

March 13, 2024 | ca.style.yahoo.com

Ontario Teachers mints new unicorn in Indian fintech Perfios

March 5, 2024 | investorplace.com

7 Cheap Dividend Stocks to Grab for Under $20 This March

March 2, 2024 | finance.yahoo.com

CVE Mar 2024 24.000 call

February 27, 2024 | globenewswire.com

Cenovus to webcast Investor Day 2024

February 18, 2024 | seekingalpha.com

Cenovus Energy: Possibly One Of The Most Undervalued Energy Stocks

February 17, 2024 | finance.yahoo.com

Cenovus Energy Full Year 2023 Earnings: EPS Beats Expectations, Revenues Lag

February 17, 2024 | ca.finance.yahoo.com

CVE Feb 2024 21.500 call

February 16, 2024 | uk.finance.yahoo.com

CVE Feb 2024 18.000 call

February 16, 2024 | markets.businessinsider.com

Cenovus Energy: Strong Buy Recommendation Amidst Fiscal Prudence and Attractive Shareholder Returns

February 16, 2024 | markets.businessinsider.com

Analysts Offer Insights on Energy Companies: Targa Resources (TRGP) and Cenovus Energy (CVE)

See More Headlines

Receive CVE Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Cenovus Energy and its competitors with MarketBeat's FREE daily newsletter.

Company Calendar

Last Earnings: 2/15/2024
Ex-Dividend for 3/28 Dividend: 3/14/2024
Dividend Payable: 3/28/2024
Today: 4/17/2024
Next Earnings (Estimated): 4/24/2024
Fiscal Year End: 12/31/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NYSE
Sector: Oils/Energy
Industry: Crude petroleum & natural gas
Sub-Industry: N/A
Current Symbol: NYSE:CVE
CUSIP: N/A
CIK: 1475260
Web: www.cenovus.com
Phone: (403) 766-2000
Fax: 403-766-7600
Employees: 6,925
Year Founded: 2009

Price Target and Rating

Average Stock Price Target: $26.67
High Stock Price Target: $30.00
Low Stock Price Target: $22.00
Potential Upside/Downside: +28.8%
Consensus Rating: Buy
Rating Score (0-4): 3.00
Research Coverage: 5 Analysts

Profitability

EPS (Most Recent Fiscal Year): $1.58
Trailing P/E Ratio: 13.11
Forward P/E Ratio: 11.70
P/E Growth: N/A
Net Income: $3.04 billion
Net Margins: 7.88%
Pretax Margin: 9.65%
Return on Equity: 14.85%
Return on Assets: 7.61%

Debt

Debt-to-Equity Ratio: 0.25
Current Ratio: 1.56
Quick Ratio: 0.91

Sales & Book Value

Annual Sales: $55.47 billion
Price / Sales: 0.70
Cash Flow: $3.49 per share
Price / Cash Flow: 5.93
Book Value: $11.16 per share
Price / Book: 1.86

Miscellaneous

Outstanding Shares: 1,865,106,000
Free Float: N/A
Market Cap: $38.63 billion
Optionable: Optionable
Beta: 2.15

Social Links

13 Stocks Institutional Investors Won't Stop Buying

Which stocks are major institutional investors including hedge funds and endowments buying in today's market? Click the link below and we'll send you MarketBeat's list of thirteen stocks that institutional investors are buying up as quickly as they can.

Get This Free Report

Key Executives

Mr. Alexander J. Pourbaix (Age 58)
Executive Chair
Comp: $2.4M
Mr. Jonathan M. McKenzie CA (Age 56)
President, CEO & Non-Independent Director
Comp: $1.11M
Mr. Keith A. Chiasson
Executive VP & COO
Mr. Joseph Drew Zieglgansberger
Executive VP & Chief Commercial Officer
Mr. Jeffrey Ryan Hart
Executive Vice-President of Corporate & Operations Services
Mr. Kam S. Sandhar CA
Executive VP of Strategy & CFO
Mr. Jason Abbate
Senior Vice President of Investor Relations
Mr. Gary Frederick Molnar
Senior VP of Legal, General Counsel & Corporate Secretary
Mr. Jeffery G. Lawson LLB (Age 55)
Senior VP of Corporate Development
Ms. Susan M. Anderson
Senior Vice-President of People Services

Key Competitors

View All Competitors

Institutional Ownership

View All Institutional Transactions

Should I Buy Cenovus Energy Stock? CVE Pros and Cons Explained

Pros

Here are some ways that investors could benefit from investing in Cenovus Energy Inc.:

Cenovus Energy has received positive ratings from multiple analysts, indicating a favorable outlook for the company.
The company has a diversified portfolio operating in various segments including Oil Sands, Conventional, Offshore, Canadian Refining, and U.S. Refining, reducing risk exposure.
Recent price target updates suggest potential growth opportunities, with analysts raising price objectives for the stock.
Cenovus Energy's focus on developing, producing, and refining crude oil, natural gas, and petroleum products positions it well in the energy sector.
The company's strategic locations in Canada and internationally provide access to different markets, enhancing revenue potential.

Cons

Investors should be bearish about investing in Cenovus Energy Inc. for these reasons:

Volatility in the oil and gas industry can impact Cenovus Energy's financial performance and stock price.
Regulatory changes or environmental concerns may affect the company's operations and profitability.
Dependency on crude oil prices exposes Cenovus Energy to market fluctuations and economic conditions.
Competitive pressures within the energy sector could impact the company's market share and margins.
Global geopolitical events or supply chain disruptions may disrupt Cenovus Energy's operations and supply chain.

These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Saturday, April 13, 2024. Please send any questions or comments about these Cenovus Energy pros and cons to contact@marketbeat.com.

CVE Stock Analysis - Frequently Asked Questions

Should I buy or sell Cenovus Energy stock right now?: 5 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Cenovus Energy in the last twelve months. There are currently 5 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" CVE shares.
View CVE analyst ratings or view top-rated stocks.
What is Cenovus Energy's stock price target for 2024?: 5 Wall Street analysts have issued 1-year target prices for Cenovus Energy's stock. Their CVE share price targets range from $22.00 to $30.00. On average, they anticipate the company's stock price to reach $26.67 in the next year. This suggests a possible upside of 28.8% from the stock's current price.
View analysts price targets for CVE or view top-rated stocks among Wall Street analysts.
How have CVE shares performed in 2024?: Cenovus Energy's stock was trading at $16.65 on January 1st, 2024. Since then, CVE shares have increased by 24.4% and is now trading at $20.71.
View the best growth stocks for 2024 here.
Are investors shorting Cenovus Energy?: Cenovus Energy saw a drop in short interest in the month of March. As of March 15th, there was short interest totaling 28,290,000 shares, a drop of 18.1% from the February 29th total of 34,560,000 shares. Based on an average daily trading volume, of 11,690,000 shares, the short-interest ratio is presently 2.4 days. Approximately 2.1% of the company's stock are sold short.
View Cenovus Energy's Short Interest.
When is Cenovus Energy's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Wednesday, April 24th 2024.
View our CVE earnings forecast.
How were Cenovus Energy's earnings last quarter?: Cenovus Energy Inc. (NYSE:CVE) released its earnings results on Thursday, February, 15th. The oil and gas company reported $0.29 EPS for the quarter, topping analysts' consensus estimates of $0.25 by $0.04. The oil and gas company had revenue of $9.65 billion for the quarter, compared to the consensus estimate of $9.73 billion. Cenovus Energy had a trailing twelve-month return on equity of 14.85% and a net margin of 7.88%. During the same period last year, the business earned $0.29 earnings per share.
How often does Cenovus Energy pay dividends? What is the dividend yield for Cenovus Energy?: Cenovus Energy declared a quarterly dividend on Thursday, February 15th. Shareholders of record on Friday, March 15th will be paid a dividend of $0.1033 per share on Thursday, March 28th. This represents a $0.41 annualized dividend and a dividend yield of 2.00%. The ex-dividend date of this dividend is Thursday, March 14th. This is a boost from the stock's previous quarterly dividend of $0.10.
Read our dividend analysis for CVE.

Is Cenovus Energy a good dividend stock?: Cenovus Energy (NYSE:CVE) pays an annual dividend of $0.41 per share and currently has a dividend yield of 2.00%. The dividend payout ratio is 25.95%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, CVE will have a dividend payout ratio of 18.81% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for CVE.
What ETFs hold Cenovus Energy's stock?: ETFs with the largest weight of Cenovus Energy (NYSE:CVE) stock in their portfolio include Cambiar Aggressive Value ETF (CAMX), Capital Group International Focus Equity ETF (CGXU), JPMorgan BetaBuilders Canada ETF (BBCA), AXS Astoria Inflation Sensitive ETF (PPI), iShares North American Natural Resources ETF (IGE), SPDR S&P North American Natural Resources ETF (NANR), iShares Global Energy ETF (IXC) and iShares MSCI Intl Quality Factor ETF (IQLT).
What is Alex Pourbaix's approval rating as Cenovus Energy's CEO?: 72 employees have rated Cenovus Energy Chief Executive Officer Alex Pourbaix on Glassdoor.com. Alex Pourbaix has an approval rating of 80% among the company's employees.
What other stocks do shareholders of Cenovus Energy own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Cenovus Energy investors own include General Electric (GE), Bank of America (BAC), Suncor Energy (SU), Intel (INTC), Micron Technology (MU), QUALCOMM (QCOM), AT&T (T), Enbridge (ENB), Cisco Systems (CSCO) and Enterprise Products Partners (EPD).
Who are Cenovus Energy's major shareholders?: Cenovus Energy's stock is owned by many different retail and institutional investors. Top institutional shareholders include Nexus Investment Management ULC (0.09%), Guinness Asset Management LTD (0.04%), Addenda Capital Inc. (0.03%), Foundation Resource Management Inc. (0.02%), Hennessy Advisors Inc. (0.02%) and IMC Chicago LLC (0.00%).
How do I buy shares of Cenovus Energy?: Shares of CVE stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSE:CVE) was last updated on 4/18/2024 by MarketBeat.com Staff

From Our Partners

Get 30 Days of MarketBeat All Access Free

Best-in-Class Portfolio Monitoring
View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio.
Stock Ideas and Recommendations
Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report.
Advanced Stock Screeners and Research Tools
Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis.

Start Your 30-Day Free Trial

Cenovus Energy (CVE) Stock Price, News & Analysis

Cenovus Energy MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

Environmental Sustainability

News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

MarketBeat Follows

Company Ownership

Earnings and Valuation

About Cenovus Energy Stock (NYSE:CVE)

CVE Stock Price History

CVE Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Social Links

Key Executives

Key Competitors

Institutional Ownership

Should I Buy Cenovus Energy Stock? CVE Pros and Cons Explained

Pros

Cons

CVE Stock Analysis - Frequently Asked Questions

Overall MarketRank^™