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: $15.68
  • 50 Day Moving Average: $14.49
  • 200 Day Moving Average: $14.47
  • 52-Week Range: $9.10 - $16.68
  • Trailing P/E Ratio: 22.40
  • Foreward P/E Ratio: -112.00
  • P/E Growth: -0.64
  • Market Cap: $13.07B
  • Outstanding Shares: 833,289,000
  • Beta: 0.81
  • Net Margins: 6.97%
  • Return on Equity: -7.35%
  • Return on Assets: -3.54%
  • Debt-to-Equity Ratio: 0.53%
  • Current Ratio: 2.89%
  • Quick Ratio: 2.43%
Additional Links:
Companies Related to Cenovus Energy:

Analyst Ratings

Consensus Ratings for Cenovus Energy (NYSE:CVE) (?)
Ratings Breakdown: 6 Hold Ratings, 7 Buy Ratings, 1 Strong Buy Rating
Consensus Rating:Buy (Score: 2.64)
Consensus Price Target: $20.45 (30.45% upside)

Analysts' Ratings History for Cenovus Energy (NYSE:CVE)
DateFirmActionRatingPrice TargetDetails
10/10/2016Barclays PLCReiterated RatingOverweight$24.00View Rating Details
9/26/2016NomuraReiterated RatingHoldView Rating Details
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
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
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
(Data available from 10/22/2014 forward)


Earnings History for Cenovus Energy (NYSE:CVE)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
10/27/2016Q216($0.12)$2.25 billionN/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)


Earnings Estimates for Cenovus Energy (NYSE:CVE)
Current Year EPS Consensus Estimate: $-0.57 EPS
Next Year EPS Consensus Estimate: $-0.14 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)


Current Dividend Information for Cenovus Energy (NYSE:CVE)
Annual Dividend:$0.15
Dividend Yield:0.96%
Dividend Growth:-8.60% (3 Year Average)
Payout Ratio:20.83% (Based on Trailing 12 Months of Earnings)
-26.32% (Based on Current Year Consensus EPS Estimate)
-107.14% (Based on Next Year Consensus EPS Estimate)

Dividend History for Cenovus Energy (NYSE:CVE)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
(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


Latest Headlines for Cenovus Energy (NYSE:CVE)
News IconTrend Indicator Update on Cenovus Energy Inc. (CVE.TO) - Yankee Analysts (NYSE:CVE)
yankeeanalysts.com - October 20 at 4:28 PM
News IconCenovus Energy Inc. (NYSE:CVE) earnings reaction history - The Independent Republic (NYSE:CVE)
theindependentrepublic.com - October 20 at 4:28 PM
News IconPumping the Brakes, Stock Gapping Downward: Cenovus Energy Inc. (NYSE:CVE) - CSZ News (NYSE:CVE)
cincysportszone.com - October 20 at 4:28 PM
marketwired.com logoCenovus to hold conference call and webcast on third quarter 2016 results - Marketwired (press release) (NYSE:CVE)
www.marketwired.com - October 20 at 4:28 PM
capitalcube.com logoCenovus Energy, Inc. : CVE-US: Dividend Analysis : September 15th, 2016 (record date) : By the numbers : October 17, 2016 (NYSE:CVE)
www.capitalcube.com - October 17 at 4:27 PM
News IconLatest Analyst Reports On Cenovus Energy Inc - NewsDen - NewsDen (NYSE:CVE)
newsden.net - October 15 at 4:20 PM
News IconBarclays PLC Reiterates “Overweight” Rating for Cenovus Energy ... - DailyQuint (NYSE:CVE)
dailyquint.com - October 15 at 4:20 PM
News IconStock Momentum Curbed Pre-Bell, Gapping Down: Cenovus Energy Inc. (NYSE:CVE) - CSZ News (NYSE:CVE)
cincysportszone.com - October 13 at 9:42 PM
capitalcube.com logoCenovus Energy, Inc. breached its 50 day moving average in a Bullish Manner : CVE-US : October 3, 2016 (NYSE:CVE)
www.capitalcube.com - October 3 at 9:18 AM
finance.yahoo.com logoLack Of Pipeline Capacity Could Force Down Canadian Crude Prices (NYSE:CVE)
finance.yahoo.com - September 27 at 4:30 PM
marketrealist.com logoWhat Does Chevron’s Implied Volatility Suggest? (NYSE:CVE)
marketrealist.com - September 27 at 9:06 AM
News IconSell-side is Weighing in on Cenovus Energy Inc (NYSE:CVE) Earnings - Frisco Fastball (NYSE:CVE)
friscofastball.com - September 21 at 8:43 AM
News IconStock Update on Earnings & Estimates for Cenovus Energy Inc (NYSE:CVE) - Frisco Fastball (NYSE:CVE)
friscofastball.com - September 20 at 8:08 AM
capitalcube.com logoCenovus Energy, Inc. – Value Analysis (NYSE:CVE) : September 14, 2016 (NYSE:CVE)
www.capitalcube.com - September 14 at 4:32 PM
News IconIntraday Mover - Cenovus Energy Inc.'s (CVE) - Hot Stocks Point (NYSE:CVE)
www.hotstockspoint.com - September 14 at 8:09 AM
capitalcube.com logoCenovus Energy, Inc. breached its 50 day moving average in a Bearish Manner : CVE-US : September 13, 2016 (NYSE:CVE)
www.capitalcube.com - September 13 at 9:21 AM
capitalcube.com logoETF’s with exposure to Cenovus Energy, Inc. : September 12, 2016 (NYSE:CVE)
www.capitalcube.com - September 12 at 4:18 PM
nasdaq.com logoReminder - Cenovus Energy (CVE) Goes Ex-Dividend Soon - Nasdaq (NYSE:CVE)
www.nasdaq.com - September 9 at 4:24 PM
News IconInvestor's Watch List: Cenovus Energy Inc (USA) (NYSE:CVE), Och-Ziff Capital Administration Group LLC (NYSE:OZM ... - NYSE Journal (press release) (NYSE:CVE)
stockznews.com - September 8 at 4:21 PM
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


Cenovus Energy (NYSE:CVE) Chart for Saturday, October, 22, 2016

Last Updated on 10/22/2016 by MarketBeat.com Staff