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

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$9.15 +0.34 (+3.86 %)
(As of 08/19/2018 02:09 AM ET)
Previous Close$9.15
Today's Range$8.82 - $9.19
52-Week Range$7.09 - $11.52
Volume4.07 million shs
Average Volume4.06 million shs
Market Capitalization$12.20 billion
P/E Ratio-457.50
Dividend Yield1.72%
Beta0.66
Cenovus Energy logoCenovus 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
SymbolNYSE:CVE
CUSIPN/A
Phone403-766-2000

Debt

Debt-to-Equity Ratio0.53
Current Ratio1.17
Quick Ratio0.81

Price-To-Earnings

Trailing P/E Ratio-457.50
Forward P/E Ratio-30.50
P/E GrowthN/A

Sales & Book Value

Annual Sales$13.14 billion
Price / Sales0.86
Cash Flow$1.1553 per share
Price / Cash7.92
Book Value$12.54 per share
Price / Book0.73

Profitability

EPS (Most Recent Fiscal Year)($0.02)
Net Income$2.60 billion
Net Margins-2.56%
Return on Equity-6.66%
Return on Assets-3.17%

Miscellaneous

Employees2,882
Outstanding Shares1,228,700,000
Market Cap$12.20 billion

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, July 26th. Investors of record on Friday, September 14th will be given a dividend of $0.038 per share on Friday, September 28th. This represents a $0.15 annualized dividend and a yield of 1.66%. The ex-dividend date is Thursday, September 13th. View Cenovus Energy's Dividend History.

How were Cenovus Energy's earnings last quarter?

Cenovus Energy Inc (NYSE:CVE) released its quarterly earnings results on Thursday, July, 26th. The oil and gas company reported ($0.19) earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of $0.02 by $0.21. The oil and gas company earned $4.67 billion during the quarter, compared to analysts' expectations of $4.25 billion. Cenovus Energy had a negative net margin of 2.56% and a negative return on equity of 6.66%. During the same period last year, the business posted $0.36 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 Thursday, November, 1st 2018. View Earnings Estimates for Cenovus Energy.

What price target have analysts set for CVE?

12 analysts have issued 1-year price objectives 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 $14.70 in the next twelve months. This suggests a possible upside of 60.7% from the stock's current price. View Analyst Price Targets for Cenovus Energy.

What is the consensus analysts' recommendation for Cenovus Energy?

12 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Cenovus Energy in the last year. There are currently 9 hold ratings and 3 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Cenovus Energy.

Are investors shorting Cenovus Energy?

Cenovus Energy saw a increase in short interest in July. As of July 31st, there was short interest totalling 25,985,261 shares, an increase of 11.8% from the July 13th total of 23,243,713 shares. Based on an average daily volume of 2,802,503 shares, the days-to-cover ratio is currently 9.3 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

Has Cenovus Energy been receiving favorable news coverage?

Media headlines about CVE stock have been trending somewhat positive on Sunday, Accern reports. The research group ranks the sentiment of press coverage by reviewing more than 20 million blog and news sources. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. Cenovus Energy earned a news impact score of 0.13 on Accern's scale. They also gave media headlines about the oil and gas company an impact score of 46.51 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the company's share price in the next few days. View Recent Headlines for Cenovus Energy.

Who are Cenovus Energy's major shareholders?

Cenovus Energy's stock is owned by a variety of of institutional and retail investors. Top institutional investors include FMR LLC (7.52%), TD Asset Management Inc. (3.50%), Letko Brosseau & Associates Inc. (3.24%), Caisse DE Depot ET Placement DU Quebec (2.20%), Beutel Goodman & Co Ltd. (2.05%) and Pzena Investment Management LLC (1.72%).

Which major investors are selling Cenovus Energy stock?

CVE stock was sold by a variety of institutional investors in the last quarter, including Burgundy Asset Management Ltd., FMR LLC, Pzena Investment Management LLC, Hexavest Inc., Connor Clark & Lunn Investment Management Ltd., Caisse DE Depot ET Placement DU Quebec, CIBC World Markets Inc. and Schroder Investment Management Group.

Which major investors are buying Cenovus Energy stock?

CVE stock was bought by a variety of institutional investors in the last quarter, including CIBC Asset Management Inc, Toronto Dominion Bank, Point72 Asset Management L.P., Lansdowne Partners UK LLP, Luminus Management LLC, Soros Fund Management LLC, Montrusco Bolton Investments Inc. and Bridgewater Associates LP.

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 $9.15.

How big of a company is Cenovus Energy?

Cenovus Energy has a market capitalization of $12.20 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.

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:  434 (Vote Outperform)
Underperform Votes:  472 (Vote Underperform)
Total Votes:  906
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 8/19/2018 by MarketBeat.com Staff

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