Cenovus Energy Company Profile (NYSE:CVE)

About Cenovus Energy

Cenovus Energy logoCenovus Energy Inc. (Cenovus) is an integrated oil company. The Company is engaged in the business of developing, producing and marketing crude oil, natural gas liquids (NGLs) and natural gas in Canada with marketing activities and refining operations in the United States. The Company's segments include Oil Sands, Conventional, Refining and Marketing, and Corporate and Eliminations. The Oil Sands segment includes the development and production of bitumen and natural gas in northeast Alberta. The Conventional segment includes the development and production of conventional crude oil, NGLs and natural gas in Alberta and Saskatchewan. The Refining and Marketing segment includes transporting, selling and refining crude oil into petroleum and chemical products. All of Cenovus's oil and natural gas reserves and production are located in Canada, within the provinces of Alberta and Saskatchewan. It has a land base of approximately 5.6 million net acres.

Industry, Sector and Symbol:
  • Sector: Oils/Energy
  • Industry: Oil & Gas Drilling & Exploration
  • Sub-Industry: N/A
  • Exchange: NYSE
  • Symbol: CVE
  • CUSIP:
Key Metrics:
  • Previous Close: $15.10
  • 50 Day Moving Average: $14.34
  • 200 Day Moving Average: $13.77
  • Trailing P/E Ratio: 21.08
  • Foreward P/E Ratio: 125.42
  • P/E Growth: -0.59
  • Market Cap: $12.54B
  • Outstanding Shares: 833,289,000
  • Beta: 0.89
Additional Links:
Companies Related to Cenovus Energy:

Analyst Ratings

Consensus Ratings for Cenovus Energy (NYSE:CVE) (?)
Ratings Breakdown: 7 Hold Ratings, 7 Buy Ratings, 1 Strong Buy Rating
Consensus Rating:Buy (Score: 2.60)
Consensus Price Target: $20.62 (36.98% upside)

Analysts' Ratings History for Cenovus Energy (NYSE:CVE)
Show:
DateFirmActionRatingPrice TargetDetails
8/19/2016Bank of America Corp.Initiated CoverageNeutral$17.00View Rating Details
8/10/2016TD SecuritiesDowngradeBuy -> Hold$21.00View Rating Details
7/31/2016ScotiabankReiterated RatingOutperform$20.00View Rating Details
7/29/2016Credit Suisse Group AGReiterated RatingBuy$22.00View Rating Details
7/29/2016JPMorgan Chase & Co.Boost Price TargetNeutral$19.00 -> $20.00View Rating Details
7/13/2016Barclays PLCUpgradeUnderweight -> Overweight$20.00 -> $24.00View Rating Details
6/21/2016Royal Bank Of CanadaReiterated RatingOutperform$23.00View Rating Details
6/13/2016Morgan StanleyUpgradeEqual Weight -> OverweightView Rating Details
6/8/2016Goldman Sachs Group Inc.Reiterated RatingConviction-BuyView Rating Details
5/1/2016National Bank FinancialReiterated RatingOutperform$19.00 -> $22.00View Rating Details
2/14/2016BMO Capital MarketsReiterated RatingMarket Perform$18.00View Rating Details
1/26/2016Raymond James Financial Inc.DowngradeOutperform -> Market PerformView Rating Details
1/21/2016NomuraUpgradeReduce -> NeutralView Rating Details
12/15/2015FirstEnergy CapitalReiterated RatingOutperform$23.00 -> $22.00View Rating Details
9/16/2015Citigroup Inc.Reiterated RatingNeutral$21.00 -> $19.00View Rating Details
8/21/2015Societe GeneraleLower Price TargetHold$20.00 -> $18.00View Rating Details
7/21/2015CIBCLower Price TargetSector Performer$26.00 -> $23.00View Rating Details
6/30/2015MacquarieUpgradeNeutral -> OutperformView Rating Details
4/14/2015GMP SecuritiesInitiated CoverageHoldView Rating Details
9/16/2014AltaCorp CapitalInitiated CoverageSector PerformView Rating Details
(Data available from 8/24/2014 forward)

Earnings

Earnings History for Cenovus Energy (NYSE:CVE)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
7/28/2016($0.14)($0.05)$2.62 billionViewN/AView Earnings Details
4/27/2016Q116($0.37)($0.51)$3.08 billionViewN/AView Earnings Details
2/11/2016Q415($0.21)($0.53)$3.17 billion$2.92 billionViewN/AView Earnings Details
10/29/2015Q315($0.05)($0.03)$2.66 billionViewListenView Earnings Details
7/30/2015Q215$0.10$0.18$3.28 billionViewListenView Earnings Details
4/29/2015Q115($0.11)($0.11)$3.65 billionViewN/AView Earnings Details
2/12/2015Q414$0.10($0.78)$3.05 billionViewN/AView Earnings Details
10/23/2014Q314$0.41$0.44$4.65 billionViewListenView Earnings Details
7/30/2014Q214$0.48$0.62$4.59 billionViewN/AView Earnings Details
4/30/2014$0.42$0.50$4.81 billionViewN/AView Earnings Details
2/19/2014Q413$0.45$0.13$4.74 billionViewN/AView Earnings Details
10/24/2013Q313$0.49$0.41$4.74 billionViewN/AView Earnings Details
7/24/2013Q213$0.48$0.34$4.11 billionViewN/AView Earnings Details
4/24/2013Q113$0.46$0.52$4.21 billionViewN/AView Earnings Details
2/14/2013Q412$0.39($0.25)$3.58 billionViewN/AView Earnings Details
10/25/2012$0.56$0.57ViewN/AView Earnings Details
7/25/2012$0.52$0.37ViewN/AView Earnings Details
4/25/2012$0.34$0.45ViewN/AView Earnings Details
2/15/2012$0.49$0.44ViewN/AView Earnings Details
10/27/2011$0.57$0.67ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Cenovus Energy (NYSE:CVE)
Current Year EPS Consensus Estimate: $-0.3 EPS
Next Year EPS Consensus Estimate: $0.12 EPS
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20161($0.32)($0.32)($0.32)
Q2 20162($0.20)$0.11($0.05)
Q3 20162($0.18)($0.17)($0.18)
Q4 20162($0.24)($0.10)($0.17)
Q1 20171($0.09)($0.09)($0.09)
Q2 20171($0.09)($0.09)($0.09)
Q3 20171($0.09)($0.09)($0.09)
Q4 20171($0.05)($0.05)($0.05)
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for Cenovus Energy (NYSE:CVE)
Annual Dividend:$0.15
Dividend Yield:1.00%
Payout Ratio:20.83% (Based on Trailing 12 Months of Earnings)
-50.00% (Based on Current Year Consensus EPS Estimate)
125.00% (Based on Next Year Consensus EPS Estimate)
Dividend Growth:-8.60% (3 Year Average)

Dividend History for Cenovus Energy (NYSE:CVE)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
7/29/2016quarterly$0.041.06%9/13/20169/15/20169/30/2016
4/28/2016quarterly$0.041.01%6/13/20166/15/20166/30/2016
2/12/2016quarterly$0.041.37%3/11/20163/15/20163/31/2016
10/30/2015quarterly$0.123.26%12/11/201512/15/201512/31/2015
7/31/2015quarterly$0.123.37%9/11/20159/15/20159/30/2015
4/30/2015quarterly$0.224.65%6/11/20156/15/20156/30/2015
2/13/2015quarterly$0.214.4%3/11/20153/13/20153/31/2015
10/24/2014quarterly$0.243.86%12/11/201412/15/201412/31/2014
7/31/2014quarterly$0.253.21%9/11/20149/15/20149/30/2014
5/1/2014quarterly$0.243.3%6/11/20146/13/20146/30/2014
2/14/2014quarterly$0.243.72%3/12/20143/14/20143/31/2014
10/24/2013$0.2312/11/201312/13/201312/31/2013
10/24/2013quarterly$0.243.18%12/11/201312/13/201312/31/2013
7/25/2013quarterly$0.233.12%9/11/20139/13/20139/30/2013
4/25/2013quarterly$0.243.25%6/12/20136/14/20136/28/2013
2/15/2013quarterly$0.243.02%3/13/20133/15/20133/28/2013
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading History for Cenovus Energy (NYSE:CVE)
No insider trades for this company have been tracked by MarketBeat.com

Headlines

Latest Headlines for Cenovus Energy (NYSE:CVE)
DateHeadline
finance.yahoo.com logoCoverage initiated on Cenovus Energy by BofA/Merrill (NYSE:CVE)
finance.yahoo.com - August 19 at 3:35 PM
marketrealist.com logoWhy Most Analysts Recommend ‘Holds’ on BP (NYSE:CVE)
marketrealist.com - August 18 at 9:34 AM
capitalcube.com logoETF’s with exposure to Cenovus Energy, Inc. : August 8, 2016 (NYSE:CVE)
www.capitalcube.com - August 8 at 4:35 PM
capitalcube.com logoCenovus Energy, Inc. breached its 50 day moving average in a Bullish Manner : CVE-US : August 5, 2016 (NYSE:CVE)
www.capitalcube.com - August 5 at 10:22 AM
capitalcube.com logoCenovus Energy, Inc. :CVE-US: Earnings Analysis: Q2, 2016 By the Numbers : August 5, 2016 (NYSE:CVE)
www.capitalcube.com - August 5 at 10:22 AM
tradecalls.org logoAnalyst Rating Update on Cenovus Energy Inc (CVE) - Trade Calls (NYSE:CVE)
www.tradecalls.org - August 4 at 9:49 AM
capitalcube.com logoCenovus Energy, Inc. :CVE-CA: Earnings Analysis: Q2, 2016 By the Numbers : August 3, 2016 (NYSE:CVE)
www.capitalcube.com - August 3 at 4:37 PM
marketrealist.com logoSuncor’s Stock Performance: Post-Earnings Note (NYSE:CVE)
marketrealist.com - August 2 at 9:20 AM
News IconPrice Target Highlight: Cenovus Energy Inc. (NYSE:CVE) - News Oracle (NYSE:CVE)
www.newsoracle.com - July 29 at 4:36 PM
News IconCenovus posts $267M loss, says cost reductions on track (NYSE:CVE)
www.bnn.ca - July 28 at 10:49 AM
rttnews.com logoEARNINGS SUMMARY: Details of Cenovus Energy Inc. Q2 Earnings Report (NYSE:CVE)
www.rttnews.com - July 28 at 10:49 AM
News IconCenovus Energy posts $267-million loss in Q2 (NYSE:CVE)
blackburnnews.com - July 28 at 10:49 AM
reuters.com logoCenovus posts smaller-than-expected loss as costs fall (NYSE:CVE)
ca.reuters.com - July 28 at 10:49 AM
4-traders.com logoCenovus Energy : reports 2Q loss (NYSE:CVE)
www.4-traders.com - July 28 at 10:49 AM
sg.finance.yahoo.com logoCenovus reports 2Q loss (NYSE:CVE)
sg.finance.yahoo.com - July 28 at 10:24 AM
News IconA look at a High Market Cap Stock: Cenovus Energy Inc., CVE – The ... - The Daily Leicester (NYSE:CVE)
thedailyleicester.com - July 27 at 11:13 AM
marketrealist.com logoWhere Does Eni’s Implied Volatility Stand before Its Earnings? (NYSE:CVE)
marketrealist.com - July 25 at 9:04 AM
baystreet.ca logoCoverage Initiated on Major Integrated Oil and Gas Stocks Suncor Energy, Husky Energy, Cenovus Energy, and Imperial Oil (NYSE:CVE)
www.baystreet.ca - July 22 at 10:16 AM
4-traders.com logoCenovus Energy : to Hold Conference Call and Webcast on Second Quarter 2016 Results (NYSE:CVE)
www.4-traders.com - July 22 at 10:16 AM
News IconIs Cenovus Energy Inc.(NYSE: CVE), a large market cap stock a ... - The Daily Leicester (NYSE:CVE)
thedailyleicester.com - July 21 at 5:16 AM
istreetwire.com logoStocks To Track: Cenovus Energy Inc. (CVE), Noble Energy, Inc. (NBL), Quanta Services, Inc. (PWR) - iStreetWire (NYSE:CVE)
istreetwire.com - July 15 at 9:13 AM
4-traders.com logoCenovus Energy : Releases 2015 Corporate Responsibility Report (NYSE:CVE)
www.4-traders.com - July 14 at 4:43 PM
News IconShort Term Rating on Cenovus Energy Inc (CVE) - TheFounders Daily (NYSE:CVE)
www.thefoundersdaily.com - July 13 at 10:55 AM
reuters.com logoTSX hits 11-month high as energy shares jump with oil (NYSE:CVE)
ca.reuters.com - July 12 at 4:36 PM
News IconBottlenecks expected as more Canadian oil meets tight pipeline space (NYSE:CVE)
www.bnn.ca - July 12 at 8:49 AM
News IconCenovus Energy Inc. (NYSE:CVE) – Top Stock from Basic Materials Sector - The Daily Leicester (NYSE:CVE)
thedailyleicester.com - July 9 at 5:01 AM
News IconCenovus Energy Inc (CVE) : Analyst Rating Update - TheFounders Daily (NYSE:CVE)
www.thefoundersdaily.com - July 8 at 10:43 AM
marketrealist.com logoEnbridge’s Project Approval Is Canceled: What’s Next? (NYSE:CVE)
marketrealist.com - July 4 at 4:43 AM
tradecalls.org logoShort Term Price Target on Cenovus Energy Inc (CVE) - Trade Calls (NYSE:CVE)
www.tradecalls.org - July 1 at 10:39 AM
finance.yahoo.com logoOil Sands Will Make Canada A Leading Producer Over The Next Decade (NYSE:CVE)
finance.yahoo.com - June 29 at 3:55 PM
capitalcube.com logoETF’s with exposure to Cenovus Energy, Inc. : June 20, 2016 (NYSE:CVE)
www.capitalcube.com - June 20 at 2:17 PM
istreetwire.com logoAnalysts: Cenovus Energy Inc. (NYSE:CVE) stock is worth $16.11 - iStreetWire (NYSE:CVE)
istreetwire.com - June 18 at 9:03 AM
capitalcube.com logoCenovus Energy, Inc. – Value Analysis (NYSE:CVE) : June 17, 2016 (NYSE:CVE)
www.capitalcube.com - June 17 at 11:58 AM
News IconRecommendation Trends of the Stock: Cenovus Energy Inc. (NYSE:CVE) - News Oracle (NYSE:CVE)
www.newsoracle.com - June 16 at 9:46 PM
News IconAnalyst Earnings Report: Cenovus Energy Inc. (NYSE:CVE), Colony Starwood Homes (NYSE:SFR) - Beacon Chronicle (NYSE:CVE)
www.beaconchronicle.com - June 15 at 4:34 PM
capitalcube.com logoCenovus Energy, Inc. breached its 50 day moving average in a Bearish Manner : CVE-US : June 15, 2016 (NYSE:CVE)
www.capitalcube.com - June 15 at 8:16 AM
News IconEarnings Overview: Linear Technology Corporation (NASDAQ:LLTC), Cenovus Energy Inc. (NYSE:CVE) - Beacon Chronicle (NYSE:CVE)
www.beaconchronicle.com - June 13 at 4:21 PM
streetupdates.com logoStock's Move to Focus: Cenovus Energy Inc (NYSE:CVE) , Avino Silver (NYSEMKT:ASM) - Street Updates (NYSE:CVE)
www.streetupdates.com - June 10 at 11:09 AM
News IconAnalyst Recommendations on These Stocks: CA, Inc. (NASDAQ:CA), Cenovus Energy Inc. (NYSE:CVE) - Beacon Chronicle (NYSE:CVE)
www.beaconchronicle.com - June 10 at 11:09 AM
News IconPelican Lake wildfire threat eases, allowing Cenovus workers to return - bnn.ca (NYSE:CVE)
www.bnn.ca - June 9 at 11:45 AM
News IconCenovus shuts Pelican Lake plant due to wildfire risk - bnn.ca (NYSE:CVE)
www.bnn.ca - June 8 at 11:40 AM
capitalcube.com logoETF’s with exposure to Cenovus Energy, Inc. : June 6, 2016 (NYSE:CVE)
www.capitalcube.com - June 6 at 5:28 PM
streetupdates.com logoRecent Movements of Stocks: Occidental Petroleum Corporation (NYSE:OXY) , Cenovus Energy Inc (NYSE:CVE) - Street Updates (NYSE:CVE)
www.streetupdates.com - June 3 at 11:49 AM
cchdailynews.com logoBurgundy Asset Management LTD Increased Cenovus Energy INC (NYSE:CVE) by $41.19 Million as Shares Rose - CCH Daily News (NYSE:CVE)
cchdailynews.com - June 1 at 11:18 AM
seekingalpha.com logoBuy On Weakness? A Look Into Petrobras, Shell - Seeking Alpha (NYSE:CVE)
seekingalpha.com - May 31 at 9:13 AM
isstories.com logoHot stocks to watch: Turquoise Hill Resources Ltd. (NYSE:TRQ) , Cenovus Energy Inc (NYSE:CVE) - Is stories (NYSE:CVE)
www.isstories.com - May 28 at 2:13 PM
seekingalpha.com logoOil-rich Alberta proposes new carbon tax - Seeking Alpha (NYSE:CVE)
seekingalpha.com - May 25 at 11:52 AM
cchdailynews.com logoCumberland Partners LTD Decreased Stake in Cenovus Energy INC (NYSE:CVE) by $23.56 Million as Shares Rose - CCH Daily News (NYSE:CVE)
cchdailynews.com - May 24 at 12:24 PM
publicnow.com logoCenovus to present at the UBS Global Oil and Gas Conference (NYSE:CVE)
www.publicnow.com - May 24 at 10:56 AM
forbes.com logoInteresting CVE Put And Call Options For July 15th (NYSE:CVE)
www.forbes.com - May 23 at 2:03 PM

Social

Cenovus Energy (NYSE:CVE) Chart for Wednesday, August, 24, 2016


Last Updated on 8/24/2016 by MarketBeat.com Staff