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

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$8.75 -0.44 (-4.79 %)
(As of 03/25/2019 06:00 AM ET)
Previous Close$8.75
Today's Range$8.7350 - $9.05
52-Week Range$6.15 - $11.47
Volume3.21 million shs
Average Volume4.27 million shs
Market Capitalization$10.75 billion
P/E RatioN/A
Dividend Yield1.73%
Beta0.79
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

Industry Crude petroleum & natural gas
Sub-IndustryN/A
SectorOils/Energy
CUSIPN/A
Phone403-766-2000

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$16.08 billion
Book Value$10.97 per share

Profitability

Net Income$-2,059,130,000.00

Miscellaneous

Employees2,264
Outstanding Shares1,228,790,000
Market Cap$10.75 billion
Next Earnings Date4/24/2019 (Estimated)
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, February 14th. Investors of record on Friday, March 15th will be paid a dividend of $0.0377 per share on Friday, March 29th. This represents a $0.15 annualized dividend and a yield of 1.72%. The ex-dividend date of this dividend is Thursday, March 14th. View Cenovus Energy's Dividend History.

How were Cenovus Energy's earnings last quarter?

Cenovus Energy Inc (NYSE:CVE) announced its earnings results on Wednesday, February, 13th. The oil and gas company reported ($1.03) earnings per share for the quarter, missing the Zacks' consensus estimate of ($0.16) by $0.87. The oil and gas company earned $3.44 billion during the quarter, compared to the consensus estimate of $3.78 billion. Cenovus Energy had a negative net margin of 12.41% and a negative return on equity of 15.71%. During the same period in the prior year, the business earned ($0.42) EPS. 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 Wednesday, April 24th 2019. View Earnings Estimates for Cenovus Energy.

How can I listen to Cenovus Energy's earnings call?

Cenovus Energy will be holding an earnings conference call on Wednesday, April 24th at 11:00 AM Eastern. Interested parties can register for or listen to the call using this link.

What price target have analysts set for CVE?

15 brokers have issued 1 year target prices for Cenovus Energy's stock. Their predictions range from $9.00 to $15.00. On average, they anticipate Cenovus Energy's stock price to reach $13.0833 in the next twelve months. This suggests a possible upside of 49.5% 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, 8 hold ratings and 6 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?

News headlines about CVE stock have trended neutral recently, InfoTrie Sentiment Analysis reports. The research group identifies positive and negative media coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Cenovus Energy earned a news sentiment score of 0.2 on InfoTrie's scale. They also gave news headlines about the oil and gas company a news buzz of 3.0 out of 10, indicating that recent media coverage is unlikely to have an impact on the company's share price in the near future.

Who are some of Cenovus Energy's key competitors?

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 Bank of America (BAC), General Electric (GE), Encana (ECA), Suncor Energy (SU), AT&T (T), Intel (INTC), Micron Technology (MU), Enbridge (ENB), NVIDIA (NVDA) and Cisco Systems (CSCO).

Who are Cenovus Energy's key executives?

Cenovus Energy's management team includes the folowing people:
  • Mr. Alexander J. Pourbaix, CEO, Pres & Director (Age 53)
  • Mr. Harbir Singh Chhina, Exec. VP & CTO
  • Mr. Jonathan M. McKenzie, Exec. VP & CFO (Age 51)
  • Ms. Sherry A. Wendt, Director of Investor Relations
  • 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 many different of retail and institutional investors. Top institutional shareholders include FMR LLC (7.51%), Harris Associates L P (6.01%), Letko Brosseau & Associates Inc. (3.36%), TD Asset Management Inc. (3.20%), Beutel Goodman & Co Ltd. (1.83%) and Pzena Investment Management LLC (1.72%).

Which institutional investors are selling Cenovus Energy stock?

CVE stock was sold by a variety of institutional investors in the last quarter, including D. E. Shaw & Co. Inc., Beutel Goodman & Co Ltd., Connor Clark & Lunn Investment Management Ltd., TD Asset Management Inc., Toronto Dominion Bank, Lincluden Management Ltd., Winch Advisory Services LLC and Scotia Capital Inc..

Which institutional investors are buying Cenovus Energy stock?

CVE stock was purchased by a variety of institutional investors in the last quarter, including Norges Bank, Harris Associates L P, Waratah Capital Advisors Ltd., Letko Brosseau & Associates Inc., Mackenzie Financial Corp, Pzena Investment Management LLC, PCJ Investment Counsel Ltd. and Intact Investment Management 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 $8.75.

How big of a company is Cenovus Energy?

Cenovus Energy has a market capitalization of $10.75 billion and generates $16.08 billion in revenue each year. The oil and gas company earns $-2,059,130,000.00 in net income (profit) each year or ($1.74) on an earnings per share basis. Cenovus Energy employs 2,264 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:  2.3 out of 5 (star star)
Outperform Votes:  490 (Vote Outperform)
Underperform Votes:  564 (Vote Underperform)
Total Votes:  1,054
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 3/25/2019 by MarketBeat.com Staff

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