Cenovus Energy Company Profile (NYSE:CVE)

About Cenovus Energy

Cenovus Energy logoCenovus Energy Inc is a Canada-based integrated oil company. It is engaged in the business of developing, producing and marketing crude oil, natural gas liquids (NGLs) and natural gas. Its 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. Its bitumen assets include Foster Creek, Christina Lake and Narrows Lake, and projects in early stages of development, such as Grand Rapids and Telephone Lake. The Conventional segment includes development and production of conventional crude oil, NGLs and natural gas in Alberta and Saskatchewan, including heavy oil assets at Pelican Lake and the carbon dioxide enhanced oil recovery project at Weyburn. The Refining and Marketing segment includes transporting, selling and refining crude oil into petroleum and chemical products.

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: $12.94
  • 50 Day Moving Average: $14.00
  • 200 Day Moving Average: $14.63
  • 52-Week Range: $833,289,000.00 - $11.13
  • Trailing P/E Ratio: N/A
  • Foreward P/E Ratio: 35.94
  • P/E Growth: 1.50
  • Market Cap: $10.78B
  • Outstanding Shares: 833,289,000
  • Beta: 0.67
Profitability:
  • Net Margins: -11.17%
  • Return on Equity: -9.35%
  • Return on Assets: -4.46%
Debt:
  • Debt-to-Equity Ratio: 0.54%
  • Current Ratio: 3.10%
  • Quick Ratio: 2.62%
Additional Links:
Companies Related to Cenovus Energy:

Analyst Ratings

Consensus Ratings for Cenovus Energy (NYSE:CVE) (?)
Ratings Breakdown: 2 Sell Ratings, 5 Hold Ratings, 8 Buy Ratings
Consensus Rating:Hold (Score: 2.40)
Consensus Price Target: $20.80 (60.74% upside)

Analysts' Ratings History for Cenovus Energy (NYSE:CVE)
Show:
DateFirmActionRatingPrice TargetDetails
2/16/2017Societe GeneraleUpgradeHold -> BuyView Rating Details
1/24/2017MacquarieDowngradeNeutral -> UnderperformView Rating Details
1/23/2017Goldman Sachs Group, Inc. (The)DowngradeBuy -> Sell$13.00View Rating Details
12/13/2016Edward JonesDowngradeBuy -> HoldView Rating Details
12/10/2016TD SecuritiesReiterated RatingHold$21.00View Rating Details
12/10/2016ScotiabankReiterated RatingOutperform$21.00View Rating Details
12/10/2016RBC Capital MarketsReiterated RatingOutperform$24.00 -> $25.00View Rating Details
10/10/2016Barclays PLCReiterated RatingOverweight$24.00View Rating Details
9/26/2016NomuraReiterated RatingHoldView Rating Details
8/19/2016Bank of America CorpInitiated CoverageNeutral$17.00View Rating Details
7/29/2016Credit Suisse GroupReiterated RatingBuy$22.00View Rating Details
7/29/2016J P Morgan Chase & CoBoost Price TargetNeutral$19.00 -> $20.00View Rating Details
6/21/2016Royal Bank of CanadaReiterated RatingOutperform$23.00View Rating Details
6/13/2016Morgan StanleyUpgradeEqual Weight -> OverweightView 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
12/15/2015FirstEnergy CapitalReiterated RatingOutperform$23.00 -> $22.00View Rating Details
9/16/2015Citigroup Inc.Reiterated RatingNeutral$21.00 -> $19.00View Rating Details
7/21/2015CIBCLower Price TargetSector Performer$26.00 -> $23.00View Rating Details
4/14/2015GMP SecuritiesInitiated CoverageHoldView Rating Details
(Data available from 2/26/2015 forward)

Earnings

Earnings History for Cenovus Energy (NYSE:CVE)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
2/16/2017Q316($0.03)$0.29$2.36 billionViewN/AView Earnings Details
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: $0.22 EPS
Next Year EPS Consensus Estimate: $0.36 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$0.03$0.03$0.03
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:1.16%
Dividend Growth:-45.30% (3 Year Average)
Payout Ratio:-12.93% (Based on Trailing 12 Months of Earnings)
68.18% (Based on Current Year Consensus EPS Estimate)
41.67% (Based on Next Year Consensus EPS Estimate)

Dividend History for Cenovus Energy (NYSE:CVE)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
2/16/2017quarterly$0.041.09%3/13/20173/15/20173/31/2017
10/31/2016quarterly$0.041.04%12/13/201612/15/201612/30/2016
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
News IconStock Checkup: Technical Watch on Cenovus Energy Inc (CVE) - Sherwood Daily (NYSE:CVE)
sherwooddaily.com - February 22 at 4:49 PM
News IconWhat Analysts Report Shows About Cenovus Energy Inc (NYSE:CVE)? - Transcript Daily (NYSE:CVE)
transcriptdaily.com - February 22 at 4:49 PM
capitalcube.com logoCenovus Energy, Inc. :CVE-US: Earnings Analysis: 2016 By the Numbers : February 22, 2017 (NYSE:CVE)
www.capitalcube.com - February 22 at 4:49 PM
finance.yahoo.com logoCENOVUS ENERGY INC. Financials (NYSE:CVE)
finance.yahoo.com - February 22 at 4:49 PM
News IconConocoPhillips Revises Canadian Oil Sands Reserves Down (NYSE:CVE)
www.oilandgasinvestor.com - February 22 at 9:25 AM
capitalcube.com logoCenovus Energy, Inc. :CVE-US: Earnings Analysis: Q4, 2016 By the Numbers : February 21, 2017 (NYSE:CVE)
www.capitalcube.com - February 21 at 5:30 PM
News IconCenovus Energy Inc (NYSE:CVE) Stock Price Target Given At $18.16 - Transcript Daily (NYSE:CVE)
transcriptdaily.com - February 19 at 11:10 AM
rttnews.com logoEARNINGS SUMMARY: Details of Cenovus Energy Inc. Q4 Earnings Report (NYSE:CVE)
www.rttnews.com - February 16 at 6:38 PM
4-traders.com logoCenovus Energy : posts 4Q profit (NYSE:CVE)
www.4-traders.com - February 16 at 6:38 PM
News IconCenovus Energy posts $545M loss but returns to profitability in Q4 2016 (NYSE:CVE)
nyhetsbanken.info - February 16 at 6:38 PM
News IconCenovus Energy Inc (CVE) to Release Quarterly Earnings on Thursday (NYSE:CVE)
fairydetox.org - February 16 at 6:38 PM
News IconImpact of Brokerage Rating on Cenovus Energy Inc(CVE) (NYSE:CVE)
www.graffiotech.com - February 16 at 6:38 PM
us.rd.yahoo.com logoCenovus Energy swings to profit as production rises (NYSE:CVE)
us.rd.yahoo.com - February 16 at 6:38 PM
News IconTraders Alert: Cenovus Energy Inc. (NYSE:CVE), Norwegian Cruise Line Holdings Ltd. (NASDAQ:NCLH) - The Newburgh Press (NYSE:CVE)
newburghpress.com - February 16 at 6:38 PM
marketexclusive.com logoAnalyst Upgrades – Cenovus Energy (NYSE:CVE) Stock Gets Upgraded By Societe Generale from Hold to Buy - Market Exclusive (NYSE:CVE)
marketexclusive.com - February 16 at 6:38 PM
bloomberg.com logoCenovus CEO: Cost-Cutting Efforts to Continue (NYSE:CVE)
www.bloomberg.com - February 16 at 6:38 PM
News IconMarket Review: Indicator Watch for Cenovus Energy Inc. (CVE.TO) - Davidson Register (NYSE:CVE)
davidsonregister.com - February 16 at 1:37 PM
feeds.benzinga.com logoCenovus delivers strong operational performance in 2016 (NYSE:CVE)
feeds.benzinga.com - February 16 at 6:44 AM
News IconStock Overview: Moving Average Check on Cenovus Energy Inc. (CVE.TO) - Benton Bulletin (NYSE:CVE)
bentonbulletin.com - February 14 at 3:58 PM
fool.ca logoIs Cenovus Energy Inc. a Great Contrarian Play? - The Motley Fool Canada (NYSE:CVE)
www.fool.ca - February 14 at 3:58 PM
News IconForward Earnings Estimate of Cenovus Energy Inc(CVE) – Hignland ... - Highland Mirror (NYSE:CVE)
www.highlandmirror.com - February 10 at 5:00 PM
us.rd.yahoo.com logoCenovus to hold conference call and webcast on fourth quarter and year-end 2016 results (NYSE:CVE)
us.rd.yahoo.com - February 9 at 5:03 PM
fool.com logoHere's Why Cenovus Energy Inc.'s Stock Slumped 10.5% in January (NYSE:CVE)
www.fool.com - February 9 at 1:57 PM
News IconTrading Scope: Checking the Levels for Cenovus Energy Inc. (CVE) - Benton Bulletin (NYSE:CVE)
bentonbulletin.com - February 8 at 10:03 PM
News IconTop Gainers of the Day: Cenovus Energy Inc. (NYSE:CVE) from Oil & Gas Drilling & Exploration (NYSE:CVE)
twincountynews.com - February 6 at 9:39 PM
capitalcube.com logoCenovus Energy, Inc. : CVE-US: Dividend Analysis : December 15th, 2016 (record date) : By the numbers : February 1, 2017 (NYSE:CVE)
www.capitalcube.com - February 1 at 5:03 PM
News IconIs Cenovus Energy Inc. (NYSE:CVE), a large market cap stock a smart buy? (NYSE:CVE)
twincountynews.com - January 27 at 6:03 PM
finance.yahoo.com logoWhy Cenovus Energy Inc. May Finally Turn a Profit in 2017 (NYSE:CVE)
ca.finance.yahoo.com - January 25 at 10:49 PM
finance.yahoo.com logoCrude Holds Steady After Significant Gasoline Build (NYSE:CVE)
finance.yahoo.com - January 25 at 5:46 PM
us.rd.yahoo.com logoCenovus Energy downgraded by Macquarie (NYSE:CVE)
us.rd.yahoo.com - January 24 at 5:13 PM
finance.yahoo.com logoCenovus Energy downgraded by Goldman (NYSE:CVE)
finance.yahoo.com - January 23 at 4:54 PM
News IconTracking CCI Levels on Shares of Cenovus Energy Inc. (CVE) - Rives Journal (NYSE:CVE)
rivesjournal.com - January 23 at 6:45 AM
streetinsider.com logoGoldman Sachs Downgrades Cenovus Energy Inc. (CVE) to Sell - StreetInsider.com (NYSE:CVE)
www.streetinsider.com - January 23 at 6:45 AM
News IconUpdate on Cenovus Energy Inc. (NYSE:CVE) for the day - Twin County News (NYSE:CVE)
twincountynews.com - January 21 at 9:38 PM
nasdaq.com logoCVE Makes Notable Cross Below Critical Moving Average (NYSE:CVE)
www.nasdaq.com - January 18 at 4:56 PM
News IconCardinal Capital Management Cuts Position in Cenovus Energy Inc (USA) (CVE) - Highland Mirror (NYSE:CVE)
www.highlandmirror.com - January 14 at 9:41 PM
News IconCenovus Energy Inc (NYSE:CVE) News Impact Score At 0 - Stock Observer (NYSE:CVE)
www.thestockobserver.com - January 11 at 10:05 PM
capitalcube.com logoCenovus Energy, Inc. – Value Analysis (NYSE:CVE) : January 11, 2017 (NYSE:CVE)
www.capitalcube.com - January 11 at 5:03 PM
capitalcube.com logoCenovus Energy, Inc. breached its 50 day moving average in a Bearish Manner : CVE-US : January 10, 2017 (NYSE:CVE)
www.capitalcube.com - January 10 at 5:31 PM
finance.yahoo.com logoCenovus CEO: I'll bet money Keystone XL will get built un... (NYSE:CVE)
finance.yahoo.com - January 5 at 5:17 PM
News IconCenovus Energy Inc. (NYSE:CVE) from Oil & Gas Drilling & Exploration – Todays Top Gains (NYSE:CVE)
twincountynews.com - December 25 at 11:29 AM
News IconImpact Score Of Cenovus Energy Inc (NYSE:CVE) At 100 - Stock Observer (NYSE:CVE)
www.thestockobserver.com - December 23 at 9:51 PM
News IconCenovus Energy Inc (NYSE:CVE):News Impact Score At 0 - Stock Observer (NYSE:CVE)
www.thestockobserver.com - December 21 at 5:21 PM
News IconChecking the Charts for Cenovus Energy Inc. (CVE.TO) - Wall Street Confidential (NYSE:CVE)
wsconfidential.com - December 21 at 5:21 PM
News IconChecking on Levels for Cenovus Energy Inc. (TSX:CVE) - Highland Digest (NYSE:CVE)
highlanddigest.com - December 21 at 5:21 PM
News IconTrading Spotlight on Shares of Cenovus Energy Inc. (CVE.TO) - Wall Street Confidential (NYSE:CVE)
wsconfidential.com - December 17 at 3:03 AM
News IconReviewing the Levels for Cenovus Energy Inc. (TSX:CVE) - Highland Digest (NYSE:CVE)
highlanddigest.com - December 17 at 3:03 AM
News IconEnterprise Value Review for Cenovus Energy Inc. (TSX:CVE) - Highland Digest (NYSE:CVE)
highlanddigest.com - December 16 at 3:03 AM
News IconInvestor Brief: Checking Technical Levels on Shares of Cenovus Energy Inc. (CVE.TO) - Wall Street Confidential (NYSE:CVE)
wsconfidential.com - December 16 at 3:03 AM
News IconCenovus Energy Inc (NYSE:CVE) Broker Price Targets For The Coming Week (NYSE:CVE)
myhealthbowl.com - December 13 at 9:13 AM

Social

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 Thursday, February 16th. Shareholders of record on Wednesday, March 15th will be paid a dividend of $0.0382 per share on Friday, March 31st. This represents a $0.15 dividend on an annualized basis and a yield of 1.18%. The ex-dividend date is Monday, March 13th. This is an increase from Cenovus Energy's previous quarterly dividend of $0.04.

Where is Cenovus Energy's stock going? Where will Cenovus Energy's stock price be in 2017?

15 analysts have issued 1-year target prices for Cenovus Energy's shares. Their forecasts range from $13.00 to $25.00. On average, they anticipate Cenovus Energy's share price to reach $20.80 in the next twelve months.

Who owns Cenovus Energy stock?

Cenovus Energy's stock is owned by a number of of retail and institutional investors. Top institutional investors include FMR LLC (3.94%), Jarislowsky Fraser Ltd (3.04%), Burgundy Asset Management Ltd. (2.18%), Letko Brosseau & Associates Inc. (1.66%), Guardian Capital LP (1.15%) and Franklin Resources Inc. (0.82%).

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., I.G. Investment Management LTD., Franklin Resources Inc., AQR Capital Management LLC, Fiera Capital Corp, Renaissance Technologies LLC, Waratah Capital Advisors Ltd. and Intact Investment Management Inc..

Who bought Cenovus Energy stock? Who is buying Cenovus Energy stock?

Cenovus Energy's stock was purchased by a variety of institutional investors in the last quarter, including Russell Investments Group Ltd., Highfields Capital Management LP, Guardian Capital LP, Scotia Capital Inc., FMR LLC, Letko Brosseau & Associates Inc., Allianz Asset Management AG and AMF Pensionsforsakring AB.

How do I buy Cenovus Energy stock?

Shares of Cenovus Energy can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

How much does a share of Cenovus Energy stock cost?

One share of Cenovus Energy stock can currently be purchased for approximately $12.94.

Cenovus Energy (NYSE:CVE) Chart for Sunday, February, 26, 2017


Institutional Ownership Chart

Institutional Ownership by Quarter for Cenovus Energy (NYSE:CVE)

Earnings History Chart

Earnings by Quarter for Cenovus Energy (NYSE:CVE)

Dividend History Chart

Dividend Payments by Quarter for Cenovus Energy (NYSE:CVE)

Last Updated on 2/26/2017 by MarketBeat.com Staff