About Cenovus Energy (NYSE:CVE)
Cenovus Energy Inc is a Canada-based integrated oil company. It operates in the business of developing, producing and marketing crude oil, Natural Gas Liquids (NGLs) and natural gas in Canada. The Company also conducts marketing activities and owns refining interests in the United States (U.S.). Its segments include: Oil Sands, which includes the development and production of bitumen and natural gas in northeast Alberta; Conventional, which includes the development and production of conventional crude oil, NGLs and natural gas in Alberta and Saskatchewan, including the heavy oil assets at Pelican Lake, the carbon dioxide (CO2) enhanced oil recovery (EOR) project at Weyburn and emerging tight oil opportunities; Refining and Marketing, which includes transporting and selling crude oil and natural gas and joint ownership of refineries in the U.S., as well as Corporate and Eliminations.
Industry, Sector and Symbol
Industry Integrated Oil & Gas
Trailing P/E Ratio3.28385713474731
Forward P/E Ratio34.18
Sales & Book Value
Annual Sales$13.14 billion
Price / Sales0.70
Cash Flow$1.03 per share
Price / Cash7.32
Book Value$10.50 per share
Price / Book0.72
Return on Equity0.56%
Return on Assets0.25%
Cenovus Energy (NYSE:CVE) Frequently Asked Questions
What is Cenovus Energy's stock symbol?
Cenovus Energy trades on the New York Stock Exchange (NYSE) under the ticker symbol "CVE."
How often does Cenovus Energy pay dividends? What is the dividend yield for Cenovus Energy?
Cenovus Energy announced a quarterly dividend on Friday, February 16th. Investors of record on Thursday, March 15th will be paid a dividend of $0.0398 per share on Thursday, March 29th. This represents a $0.16 annualized dividend and a yield of 2.11%. The ex-dividend date of this dividend is Wednesday, March 14th. This is an increase from Cenovus Energy's previous quarterly dividend of $0.04. View Cenovus Energy's Dividend History.
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 ($0.35) earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of $0.10 by $0.45. The oil and gas company earned $4 billion during the quarter, compared to analyst estimates of $3.95 billion. Cenovus Energy had a return on equity of 0.56% and a net margin of 18.92%. During the same period last year, the firm earned $0.39 EPS. View Cenovus Energy's Earnings History.
When will Cenovus Energy make its next earnings announcement?
Where is Cenovus Energy's stock going? Where will Cenovus Energy's stock price be in 2018?
13 brokers have issued 12 month price targets for Cenovus Energy's stock. Their predictions range from $8.00 to $22.00. On average, they expect Cenovus Energy's stock price to reach $15.10 in the next year. View Analyst Ratings for Cenovus Energy.
Who are some of Cenovus Energy's key competitors?
Some companies that are related to Cenovus Energy include Pembina Pipeline (PBA), Plains All American Pipeline (PAA), Vestas Wind System (VWDRY), Hess (HES), Galp Energia Sgps (GLPEY), TechnipFMC plc Ordinary Share (FTI), Ultrapar Participacoes (UGP), National-Oilwell Varco (NOV), Marathon Oil (MRO), Noble Energy (NBL), Spectra Energy Partners (SEP), Diamondback Energy (FANG), Baker Hughes, a GE company Class A (BHGE), Braskem (BAK), Targa Resources (TRGP), Andeavor Logistics (ANDX), Cimarex Energy (XEC) and EQT (EQT).
Who are Cenovus Energy's key executives?
Cenovus Energy's management team includes the folowing people:
- Patrick D. Daniel, Chairman of the Board (Age 70)
- Alex Pourbaix, President, Chief Executive Officer, Director
- Ivor M. Ruste, Chief Financial Officer, Executive Vice President (Age 60)
- Harbir S. Chhina, Executive Vice President, Chief Technology Officer
- Alan Craig Reid, Executive Vice President - Stakeholder Engagement, Safety, Legal & General Counsel
- J. Drew Zieglgansberger, Executive Vice President - Upstream
- Keith Chiasson, Senior Vice President - Downstream
- Sarah Walters, Senior Vice President - Corporate Services
- Gary Frederick Molnar, Corporate Secretary (Age 52)
- Susan F. Dabarno, Independent Director (Age 64)
Who owns Cenovus Energy stock?
Cenovus Energy's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include ConocoPhillips (16.93%), Burgundy Asset Management Ltd. (2.25%), Beutel Goodman & Co Ltd. (2.12%), Pzena Investment Management LLC (1.88%), CIBC World Markets Inc. (0.98%) and Franklin Resources Inc. (0.87%). View Institutional Ownership Trends for Cenovus Energy.
Who sold Cenovus Energy stock? Who is selling Cenovus Energy stock?
Cenovus Energy's stock was sold by a variety of institutional investors in the last quarter, including Burgundy Asset Management Ltd., CIBC Asset Management Inc, The Manufacturers Life Insurance Company , CIBC World Markets Inc., APG Asset Management N.V., Mawer Investment Management Ltd., TVR Capital Management LP and Her Majesty the Queen in Right of the Province of Alberta as represented by Alberta Investment Management Corp. View Insider Buying and Selling for Cenovus Energy.
Who bought Cenovus Energy stock? Who is buying Cenovus Energy stock?
Cenovus Energy's stock was acquired by a variety of institutional investors in the last quarter, including ConocoPhillips, Hexavest Inc., Mackenzie Financial Corp, Schroder Investment Management Group, Luminus Management LLC, Deutsche Bank AG, Lincluden Management Ltd. and Nexus Investment Management Inc.. View Insider Buying and Selling for Cenovus Energy.
How do I buy Cenovus Energy stock?
Shares of Cenovus Energy can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Cenovus Energy's stock price today?
One share of Cenovus Energy stock can currently be purchased for approximately $7.52.
How big of a company is Cenovus Energy?
Cenovus Energy has a market capitalization of $9.24 billion and generates $13.14 billion in revenue each year. The oil and gas company earns $-411,580,000.00 in net income (profit) each year or $2.29 on an earnings per share basis. Cenovus Energy employs 2,775 workers across the globe.
How can I contact Cenovus Energy?
Cenovus Energy's mailing address is 2600 500 CENTRE STREET S.E., CALGARY A0, T2G 1A6. The oil and gas company can be reached via phone at 403-766-2000 or via email at [email protected]
MarketBeat Community Rating for Cenovus Energy (CVE)MarketBeat's community ratings are surveys of what our community members think about Cenovus Energy and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
Cenovus Energy (NYSE:CVE) Analysts' Consensus Rating (How are Consensus Ratings Calculated?)
MarketBeat calculates consensus analyst ratings for company stocks using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
|Today||30 Days Ago||90 Days Ago||180 Days Ago|
|Consensus Rating: ||Hold||Hold||Hold||Hold|
|Consensus Rating Score: ||2.38||2.36||2.36||2.36|
|Ratings Breakdown: ||2 Sell Rating(s)|
4 Hold Rating(s)
7 Buy Rating(s)
0 Strong Buy Rating(s)
|2 Sell Rating(s)|
5 Hold Rating(s)
7 Buy Rating(s)
0 Strong Buy Rating(s)
|2 Sell Rating(s)|
5 Hold Rating(s)
7 Buy Rating(s)
0 Strong Buy Rating(s)
|2 Sell Rating(s)|
5 Hold Rating(s)
7 Buy Rating(s)
0 Strong Buy Rating(s)
|Consensus Price Target: ||$15.10||$15.10||$16.79||$18.92|
|Price Target Upside: ||100.80% upside||38.53% upside||61.40% upside||152.90% upside|
Cenovus Energy (NYSE:CVE) Consensus Price Target History
Cenovus Energy (NYSE:CVE) Analyst Ratings History
(Data available from 2/18/2016 forward)
Cenovus Energy (NYSE:CVE) Earnings History and Estimates Chart
Cenovus Energy (NYSE CVE) Earnings History by Quarter
(Earnings results data provided by Zacks Investment Research)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|4/25/2018|| || || || || || || || |
|2/15/2018||n/a||$0.10||($0.35)||$3.95 billion||$4.00 billion||View||Listen|
|11/2/2017||Q3 2017||$0.08||$0.18||$4.07 billion||$3.55 billion||View||N/A|
|7/27/2017||6/30/2017||$0.03||$0.27||$3.40 billion||$3.03 billion||View||N/A|
|4/26/2017||3/31/2017||$0.02||($0.04)||$3.21 billion||$2.92 billion||View||N/A|
|2/16/2017||Q316||($0.03)||$0.29||$2.61 billion||$2.73 billion||View||N/A|
|10/27/2016||Q216||($0.07)||($0.22)||$2.54 billion||$2.48 billion||View||Listen|
|7/28/2016||Q2 2016||($0.14)||($0.05)||$2.20 billion||$2.33 billion||View||N/A|
|4/27/2016||Q116||($0.37)||($0.51)||$1.85 billion||$1.64 billion||View||N/A|
|2/11/2016||Q415||($0.21)||($0.53)||$3.17 billion||$2.92 billion||View||N/A|
|10/29/2015||Q315||$0.02||($0.03)||$2.66 billion||$2.50 billion||View||Listen|
|7/30/2015||Q215||$0.01||$0.14||$2.80 billion||$3.03 billion||View||Listen|
|4/29/2015||Q115||($0.11)||($0.64)||$3.81 billion||$2.60 billion||View||N/A|
|2/12/2015||Q414||$0.16||($0.49)||$3.43 billion||$3.36 billion||View||N/A|
|10/23/2014||Q314||$0.44||$0.14||$4.06 billion||$4.43 billion||View||Listen|
|7/30/2014||Q214||$0.44||$0.74||$4.18 billion||$5.01 billion||View||N/A|
|4/30/2014||Q1 2014||$0.45||$0.28||$4.62 billion||$4.56 billion||View||N/A|
|2/19/2014||Q413||$0.45||$0.13||$4.74 billion||$4.32 billion||View||N/A|
|10/24/2013||Q313||$0.49||$0.41||$4.74 billion||$4.88 billion||View||N/A|
|7/24/2013||Q213||$0.48||$0.34||$4.11 billion||$4.39 billion||View||N/A|
|4/24/2013||Q113||$0.46||$0.52||$4.21 billion||$4.21 billion||View||N/A|
Cenovus Energy (NYSE:CVE) Earnings Estimates
2018 EPS Consensus Estimate: $0.15
(Earnings estimates data provided by Zacks Investment Research)
|Quarter||Number of Estimates||Low Estimate||High Estimate||Average Estimate|
Cenovus Energy (NYSE:CVE) Dividend Information
|Dividend Growth:||-46.30% (3 Year Average)|
|Payout Ratio:||6.99% (Trailing 12 Months of Earnings) |
72.73% (Based on This Year's Estimates)
32.65% (Based on Next Year's Estimates)
Cenovus Energy (NYSE:CVE) Dividend History by Quarter
(Data available from 1/1/2013 forward)
|Announced||Period||Amount||Yield||Ex-Dividend Date||Record Date||Payable Date|
Insider Trading History for Cenovus Energy (NYSE CVE)
No insider trades for this company have been tracked by MarketBeat.com
Cenovus Energy (NYSE CVE) News Headlines
|ValuEngine Lowers Cenovus Energy (CVE) to Sell|
www.americanbankingnews.com - February 17 at 1:46 PM
|Cenovus Energy (CVE) Rating Increased to Outperform at AltaCorp Capital|
www.americanbankingnews.com - February 17 at 11:40 AM
|Cenovus Energy Inc (CVE) Plans Quarterly Dividend of $0.04|
www.americanbankingnews.com - February 16 at 6:46 PM
|Cenovus Energy's (CVE) CEO Alex Pourbaix on Q4 2017 Results ... - Seeking Alpha|
seekingalpha.com - February 16 at 8:13 AM
|Cenovus Energy (CVE) Soars: Stock Adds 5.2% in Session - Nasdaq|
www.nasdaq.com - February 16 at 8:13 AM
|Cenovus Energy (CVE) Issues Quarterly Earnings Results, Misses Estimates By $0.52 EPS|
www.americanbankingnews.com - February 16 at 12:50 AM
|Cenovus Energy Inc. Q4 Income Advances - Nasdaq|
www.nasdaq.com - February 15 at 7:16 AM
|Canada's Cenovus Energy posts jump in quarterly profit - Reuters|
www.reuters.com - February 15 at 7:16 AM
|Canada's Cenovus Energy posts jump in quarterly profit|
finance.yahoo.com - February 15 at 7:16 AM
|Zacks: Analysts Expect Cenovus Energy Inc (CVE) Will Announce Quarterly Sales of $3.95 Billion|
www.americanbankingnews.com - February 15 at 2:22 AM
|Zacks: Analysts Anticipate Cenovus Energy Inc (CVE) Will Announce Earnings of $0.10 Per Share|
www.americanbankingnews.com - February 13 at 9:08 PM
|What's Happening With These Oil & Gas Stocks? -- Antero Resources, Bill Barrett, Camber Energy, and Cenovus Energy - PR Newswire (press release)|
www.prnewswire.com - February 12 at 7:15 AM
|Validea's Top Five Energy Stocks Based On David Dreman - 2/11 ... - Nasdaq|
www.nasdaq.com - February 12 at 7:15 AM
|Zacks Investment Research Downgrades Cenovus Energy (CVE) to Sell|
www.americanbankingnews.com - February 11 at 4:37 PM
|The Cenovus Energy Presidential Hot Seat - Seeking Alpha|
seekingalpha.com - February 11 at 3:33 PM
|Cenovus to hold conference call and webcast on fourth quarter and year-end 2017 results - GlobeNewswire (press release)|
globenewswire.com - February 10 at 7:15 AM
|The TSX Is Down Again: Why it Could Get Even Worse|
www.fool.ca - February 9 at 3:36 PM
|Cenovus to hold conference call and webcast on fourth quarter and year-end 2017 results|
finance.yahoo.com - February 9 at 3:36 PM
|Cenovus Energy (CVE) Shares Enter Oversold Territory - Nasdaq|
www.nasdaq.com - February 9 at 7:15 AM
|Cenovus Energy (CVE) Scheduled to Post Earnings on Thursday|
www.americanbankingnews.com - February 8 at 1:40 AM
|Cenovus: Rule #1 - When You Are In A Hole, Stop Digging - Seeking Alpha|
seekingalpha.com - February 7 at 7:06 AM
|Cenovus Energy Inc (CVE) Given Average Rating of "Hold" by Analysts|
www.americanbankingnews.com - February 2 at 1:03 PM
|Cenovus Energy (CVE) Upgraded to "Hold" at Zacks Investment Research|
www.americanbankingnews.com - January 31 at 10:24 PM
|Why Cenovus Energy Inc’s (TSE:CVE) Investor Composition Impacts Your Returns|
finance.yahoo.com - January 30 at 3:28 PM
| Brokerages Anticipate Cenovus Energy Inc (CVE) Will Announce Quarterly Sales of $3.95 Billion|
www.americanbankingnews.com - January 29 at 2:38 AM
|Canada's Oil Producers, in Standoff With Railways, Sit Out Oil-Price Rally - Wall Street Journal|
www.wsj.com - January 28 at 3:31 PM
| Brokerages Anticipate Cenovus Energy Inc (CVE) Will Post Earnings of $0.07 Per Share|
www.americanbankingnews.com - January 27 at 9:14 PM
|The 10 Oil Projects Adding 1.1 Million Bpd To Global Supply|
finance.yahoo.com - January 27 at 7:11 AM
|'Explosive' crude oil production growth means you'll probably pay less at the pump: NYSE trader|
finance.yahoo.com - January 21 at 3:32 PM
|Desjardins Reaffirms Hold Rating for Cenovus Energy (CVE)|
www.americanbankingnews.com - January 12 at 11:16 PM
|$3.95 Billion in Sales Expected for Cenovus Energy Inc (CVE) This Quarter|
www.americanbankingnews.com - January 12 at 2:48 AM
|Cenovus Energy Inc (TSE:CVE): Risks You Need To Consider Before Buying|
finance.yahoo.com - January 10 at 5:14 PM
|January 2020 Options Now Available For Cenovus Energy (CVE ... - Nasdaq|
www.nasdaq.com - January 9 at 5:21 PM
|What's Happening With These Oil & Gas Stocks? -- Unit, Noble ... - PR Newswire (press release)|
www.prnewswire.com - January 9 at 5:21 PM
|Cenovus Energy (CVE) Rating Lowered to Sell at Zacks Investment Research|
www.americanbankingnews.com - January 8 at 10:06 PM
|Cenovus Energy Inc (CVE) Given Consensus Rating of "Hold" by Analysts|
www.americanbankingnews.com - January 8 at 8:02 AM
|Is Cenovus Energy Inc’s (TSE:CVE) Balance Sheet A Threat To Its Future?|
finance.yahoo.com - January 3 at 5:17 PM
|Bullish Two Hundred Day Moving Average Cross - CVE - Nasdaq|
www.nasdaq.com - January 2 at 6:36 PM
|Here's How ConocoPhillips Crushed It in 2017|
finance.yahoo.com - January 2 at 9:31 AM
|3 Up, 3 Down: Energy Stocks and the Gaining Momentum|
www.fool.ca - December 31 at 9:23 AM
|Cenovus Energy Breaks Above 200-Day Moving Average - Bullish for CVE|
www.nasdaq.com - December 29 at 5:12 PM
|ETFs with exposure to Cenovus Energy, Inc. : December 29, 2017|
finance.yahoo.com - December 29 at 5:12 PM
|Cenovus Energy Inc (CVE) Expected to Announce Quarterly Sales of $3.80 Billion|
www.americanbankingnews.com - December 27 at 1:16 PM
|Contrarian Investors: Could Cenovus Energy Inc. Double in 2018?|
www.fool.ca - December 20 at 9:37 AM
|ETFs with exposure to Cenovus Energy, Inc. : December 18, 2017|
finance.yahoo.com - December 18 at 5:14 PM
|Cenovus Energy (CVE) vs. VOC Energy Trust (VOC) Head-To-Head Comparison|
www.americanbankingnews.com - December 17 at 7:30 AM
|Cenovus Energy, Inc. :CVE-US: Earnings Analysis: Q3, 2017 By the Numbers : December 15, 2017|
finance.yahoo.com - December 15 at 9:59 AM
|TSX in broad retreat led by Cenovus, other energy stocks|
www.reuters.com - December 14 at 5:48 PM
|CANADA STOCKS-TSX in broad retreat led by Cenovus, other energy stocks|
finance.yahoo.com - December 14 at 5:48 PM
|Cenovus Energy Inc (CVE) Ex-Dividend Date Scheduled for December 14, 2017 - Nasdaq|
www.nasdaq.com - December 13 at 5:25 PM
Cenovus Energy (NYSE:CVE) SEC Filings
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Cenovus Energy (NYSE:CVE) Income Statement, Balance Sheet and Cash Flow Statement
Cenovus Energy (NYSE CVE) Stock Chart for Sunday, February, 18, 2018