NYSE:CVE - Cenovus Energy Stock Price, News, & Analysis

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$7.08 -0.28 (-3.80 %)
(As of 12/19/2018 08:35 AM ET)
Previous Close$7.36
Today's Range$6.98 - $7.32
52-Week Range$6.89 - $11.47
Volume5.76 million shs
Average Volume4.38 million shs
Market Capitalization$9.04 billion
P/E Ratio-354.00
Dividend Yield2.04%
Beta0.74
Cenovus Energy Inc., together with its subsidiaries, develops, produces, and markets crude oil, natural gas liquids, and natural gas in Canada and the United States. The company's Oil Sands segment develops and produces bitumen and natural gas in northeast Alberta. This segment's bitumen assets include Foster Creek, Christina Lake, and Narrows Lake, as well as projects in the early stages of development, such as Telephone Lake. This segment also holds the Athabasca natural gas assets. Its Deep Basin segment holds assets primarily located in Elmworth-Wapiti, Kaybob-Edson, and Clearwater operating areas of British Columbia and Alberta, and include interests in natural gas processing facilities. The company's Refining and Marketing segment transports, sells, and refines crude oil into petroleum and chemical products. This segment owns a 50% interest ownership in two refineries in the United States; owns and operates a crude-by-rail terminal in Alberta; and markets third-party purchases and sales of product. Cenovus Energy Inc. is headquartered in Calgary, Canada.

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Industry, Sector and Symbol

Stock Exchange NYSE
Industry Crude petroleum & natural gas
Sub-IndustryN/A
SectorOils/Energy
Current SymbolNYSE:CVE
Previous Symbol
CUSIPN/A
Phone403-766-2000

Debt

Debt-to-Equity Ratio0.47
Current Ratio1.26
Quick Ratio0.91

Price-To-Earnings

Trailing P/E Ratio-354.00
Forward P/E Ratio-10.11
P/E GrowthN/A

Sales & Book Value

Annual Sales$13.14 billion
Price / Sales0.66
Cash Flow$1.2061 per share
Price / Cash Flow5.87
Book Value$12.54 per share
Price / Book0.56

Profitability

EPS (Most Recent Fiscal Year)($0.02)
Net Income$2.60 billion
Net Margins-3.15%
Return on Equity-9.58%
Return on Assets-4.59%

Miscellaneous

Employees2,882
Outstanding Shares1,228,790,000
Market Cap$9.04 billion
OptionableOptionable

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 declared a quarterly dividend on Thursday, November 1st. Stockholders of record on Friday, December 14th will be given a dividend of $0.0382 per share on Monday, December 31st. This represents a $0.15 annualized dividend and a dividend yield of 2.16%. The ex-dividend date of this dividend is Thursday, December 13th. This is a boost 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 Wednesday, October, 31st. The oil and gas company reported ($0.15) earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of $0.17 by $0.32. The oil and gas company had revenue of $4.70 billion for the quarter, compared to analysts' expectations of $4.44 billion. Cenovus Energy had a negative net margin of 3.15% and a negative return on equity of 9.58%. View Cenovus Energy's Earnings History.

When is Cenovus Energy's next earnings date?

Cenovus Energy is scheduled to release their next quarterly earnings announcement on Thursday, February 21st 2019. View Earnings Estimates for Cenovus Energy.

What price target have analysts set for CVE?

15 brokerages have issued 1-year target prices for Cenovus Energy's stock. Their predictions range from $9.00 to $17.00. On average, they expect Cenovus Energy's stock price to reach $13.50 in the next twelve months. This suggests a possible upside of 90.7% from the stock's current price. View Analyst Price Targets for Cenovus Energy.

What is the consensus analysts' recommendation for Cenovus Energy?

15 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Cenovus Energy in the last year. There are currently 1 sell rating, 7 hold ratings and 7 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Cenovus Energy.

Has Cenovus Energy been receiving favorable news coverage?

Press coverage about CVE stock has trended neutral this week, according to InfoTrie Sentiment. The research group identifies positive and negative media coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of negative five to five, with scores nearest to five being the most favorable. Cenovus Energy earned a news impact score of 0.4 on InfoTrie's scale. They also assigned media coverage about the oil and gas company a news buzz of 3.0 out of 10, meaning that recent media coverage is unlikely to have an impact on the company's share price in the near future.

Are investors shorting Cenovus Energy?

Cenovus Energy saw a decrease in short interest during the month of November. As of November 30th, there was short interest totalling 29,431,984 shares, a decrease of 10.6% from the November 15th total of 32,938,552 shares. Based on an average daily volume of 5,319,376 shares, the short-interest ratio is presently 5.5 days. View Cenovus Energy's Current Options Chain.

Who are some of Cenovus Energy's key competitors?

Who are Cenovus Energy's key executives?

Cenovus Energy's management team includes the folowing people:
  • Mr. Alexander J. Pourbaix, CEO, Pres & Director (Age 52)
  • Mr. Harbir Singh Chhina, Exec. VP & CTO
  • Mr. Jonathan M. McKenzie, Exec. VP & CFO (Age 50)
  • Mr. Kam S. Sandhar CA, Sr. VP of Strategy & Corp. Devel.
  • Mr. Alan Craig Reid, Exec. VP of Stakeholder Engagement, Safety & Legal and Gen. Counsel

Who are Cenovus Energy's major shareholders?

Cenovus Energy's stock is owned by a number of of institutional and retail investors. Top institutional investors include FMR LLC (7.53%), FIL Ltd (4.03%), TD Asset Management Inc. (3.32%), Letko Brosseau & Associates Inc. (3.24%), Capital World Investors (2.57%) and Capital International Investors (2.37%).

Which major investors are selling Cenovus Energy stock?

CVE stock was sold by a variety of institutional investors in the last quarter, including Capital World Investors, Connor Clark & Lunn Investment Management Ltd., First Eagle Investment Management LLC, TD Asset Management Inc., Pzena Investment Management LLC, The Manufacturers Life Insurance Company , CIBC World Markets Inc. and Schroder Investment Management Group.

Which major investors are buying Cenovus Energy stock?

CVE stock was acquired by a variety of institutional investors in the last quarter, including Capital International Investors, Capital Research Global Investors, CIBC Asset Management Inc, FIL Ltd, JPMorgan Chase & Co., JPMorgan Chase & Co., Vanguard Group Inc and Vanguard Group Inc..

How do I buy shares of Cenovus Energy?

Shares of CVE 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 CVE stock can currently be purchased for approximately $7.08.

How big of a company is Cenovus Energy?

Cenovus Energy has a market capitalization of $9.04 billion and generates $13.14 billion in revenue each year. The oil and gas company earns $2.60 billion in net income (profit) each year or ($0.02) on an earnings per share basis. Cenovus Energy employs 2,882 workers across the globe.

What is Cenovus Energy's official website?

The official website for Cenovus Energy is http://www.cenovus.com.

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 (NYSE CVE)

Community Ranking:  2.4 out of 5 (star star)
Outperform Votes:  469 (Vote Outperform)
Underperform Votes:  527 (Vote Underperform)
Total Votes:  996
MarketBeat's community ratings are surveys of what our community members think about Cenovus Energy and other stocks. Vote "Outperform" if you believe CVE will outperform the S&P 500 over the long term. Vote "Underperform" if you believe CVE will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 12/19/2018 by MarketBeat.com Staff

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