Cenovus Energy Company Profile (NYSE:CVE)

About Cenovus Energy (NYSE:CVE)

Cenovus Energy logoCenovus Energy Inc. is a Canada-based integrated oil company. The Company is engaged in the business of developing, producing and marketing crude oil, natural gas liquids (NGL) and natural gas. Its segments include Oil Sands, Conventional, Refining and Marketing, and Corporate and Eliminations. Its 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, as well as projects in the early-stages of development, such as Grand Rapids and Telephone Lake. Its Conventional segment includes the development and production of conventional crude oil, NGLs and natural gas in Alberta and Saskatchewan, including the heavy oil assets at Pelican Lake, the carbon dioxide (CO2) enhanced oil recovery (EOR) project at Weyburn. Its Refining and Marketing segment includes transporting and selling crude oil and natural gas and joint ownership of two refineries in the United States.

Industry, Sector and Symbol:
  • Sector: Oils/Energy
  • Industry: Oil & Gas Drilling & Exploration
  • Sub-Industry: N/A
  • Symbol: NYSE:CVE
  • CUSIP: N/A
  • Web: www.cenovus.com
Capitalization:
  • Market Cap: $8.01 billion
  • Outstanding Shares: 833,289,000
Average Prices:
  • 50 Day Moving Avg: $10.20
  • 200 Day Moving Avg: $13.07
  • 52 Week Range: $9.11 - $16.82
P/E:
  • Trailing P/E Ratio: N/A
  • Foreward P/E Ratio: 29.12
  • P/E Growth: 0.98
Sales & Book Value:
  • Annual Revenue: $10.1 billion
  • Price / Sales: 0.79
  • Book Value: $10.32 per share
  • Price / Book: 0.93
Dividend:
  • Annual Dividend: $0.15
  • Dividend Yield: 1.0%
Profitability:
  • EBIDTA: $1.2 billion
  • 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%
Misc:
  • Average Volume: 4.21 million shs.
  • Beta: 0.67
  • Short Ratio: 2.93
 

Frequently Asked Questions for Cenovus Energy (NYSE:CVE)

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, April 27th. Stockholders of record on Thursday, June 15th will be paid a dividend of $0.0371 per share on Friday, June 30th. This represents a $0.15 annualized dividend and a dividend yield of 1.54%. The ex-dividend date is Tuesday, June 13th. 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, April, 26th. The company reported ($0.04) EPS for the quarter, missing the Zacks' consensus estimate of $0.02 by $0.06. The company had revenue of $2.92 billion for the quarter, compared to the consensus estimate of $3.21 billion. Cenovus Energy had a negative return on equity of 9.35% and a negative net margin of 11.17%. During the same quarter last year, the company earned ($0.51) EPS. View Cenovus Energy's Earnings History.

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

14 analysts have issued twelve-month price targets for Cenovus Energy's stock. Their forecasts range from $12.00 to $25.00. On average, they anticipate Cenovus Energy's share price to reach $19.83 in the next twelve months. View Analyst Ratings for Cenovus Energy.

Are investors shorting Cenovus Energy?

Cenovus Energy saw a drop in short interest in April. As of April 28th, there was short interest totalling 13,773,921 shares, a drop of 18.6% from the April 13th total of 16,915,310 shares. Based on an average daily trading volume, of 4,340,724 shares, the days-to-cover ratio is presently 3.2 days. Approximately 1.7% of the shares of the company are short sold.

Who are some of Cenovus Energy's key competitors?

Who owns Cenovus Energy stock?

Cenovus Energy's stock is owned by a number of of institutional and retail investors. Top institutional investors include Beutel Goodman & Co Ltd. (5.45%), FMR LLC (5.24%), TD Asset Management Inc. (4.92%), First Eagle Investment Management LLC (3.80%), Caisse DE Depot ET Placement DU Quebec (3.73%) and Jarislowsky Fraser Ltd (3.00%). View Institutional Ownership Trends for Cenovus Energy.

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 Lincluden Management Ltd., Bank of New York Mellon Corp, Massachusetts Financial Services Co. MA, AQR Capital Management LLC, Mackenzie Financial Corp, Wellington Management Group LLP, Burgundy Asset Management Ltd. and Swiss National Bank. View Insider Buying and Selling for Cenovus Energy.

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 TD Asset Management Inc., FMR LLC, First Eagle Investment Management LLC, Letko Brosseau & Associates Inc., Pzena Investment Management LLC, Segantii Capital Management Ltd, Mawer Investment Management Ltd. and Teachers Advisors LLC. View Insider Buying and Selling for Cenovus Energy.

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 $9.61.

Analyst Ratings

Consensus Ratings for Cenovus Energy (NYSE:CVE) (?)
Ratings Breakdown: 1 Sell Rating, 6 Hold Ratings, 7 Buy Ratings
Consensus Rating:Hold (Score: 2.43)
Consensus Price Target: $19.83 (106.38% upside)

Analysts' Ratings History for Cenovus Energy (NYSE:CVE)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
4/26/2017Canaccord GenuityReiterated RatingHold$16.50HighView Rating Details
3/30/2017MacquarieUpgradeUnderperform -> NeutralHighView Rating Details
3/24/2017TD SecuritiesUpgradeHold -> BuyLowView Rating Details
3/8/2017Goldman Sachs Group IncLower Price TargetSell$13.00 -> $12.00HighView Rating Details
2/16/2017Societe GeneraleUpgradeHold -> BuyN/AView Rating Details
12/13/2016Edward JonesDowngradeBuy -> HoldN/AView Rating Details
12/10/2016ScotiabankReiterated RatingOutperform$21.00N/AView Rating Details
12/10/2016Royal Bank of CanadaReiterated RatingOutperform$24.00 -> $25.00N/AView Rating Details
10/10/2016Barclays PLCReiterated RatingOverweight$24.00N/AView Rating Details
9/26/2016NomuraReiterated RatingHoldN/AView Rating Details
8/19/2016Bank of America CorpInitiated CoverageNeutral$17.00N/AView Rating Details
7/29/2016Credit Suisse Group AGReiterated RatingBuy$22.00N/AView Rating Details
7/29/2016JPMorgan Chase & Co.Boost Price TargetNeutral$19.00 -> $20.00N/AView Rating Details
6/13/2016Morgan StanleyUpgradeEqual Weight -> OverweightN/AView Rating Details
5/1/2016National Bank FinancialReiterated RatingOutperform$19.00 -> $22.00N/AView Rating Details
2/14/2016BMO Capital MarketsReiterated RatingMarket Perform$18.00N/AView Rating Details
1/26/2016Raymond James Financial, Inc.DowngradeOutperform -> Market PerformN/AView Rating Details
12/15/2015FirstEnergy CapitalReiterated RatingOutperform$23.00 -> $22.00N/AView Rating Details
9/16/2015Citigroup IncReiterated RatingNeutral$21.00 -> $19.00N/AView Rating Details
7/21/2015CIBCLower Price TargetSector Performer$26.00 -> $23.00N/AView Rating Details
(Data available from 5/24/2015 forward)

Earnings

Earnings History for Cenovus Energy (NYSE:CVE)
Earnings by Quarter for Cenovus Energy (NYSE:CVE)
Earnings History by Quarter for Cenovus Energy (NYSE:CVE)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
4/26/20173/31/2017$0.02($0.04)$3.21 billion$2.92 billionViewN/AView Earnings Details
2/16/2017Q316($0.03)$0.29$2.61 billion$2.73 billionViewN/AView Earnings Details
10/27/2016Q216($0.07)($0.22)$2.54 billion$2.48 billionViewListenView Earnings Details
7/28/2016Q2 2016($0.14)($0.05)$2.20 billion$2.33 billionViewN/AView Earnings Details
4/27/2016Q116($0.37)($0.51)$1.85 billion$1.64 billionViewN/AView Earnings Details
2/11/2016Q415($0.21)($0.53)$3.17 billion$2.92 billionViewN/AView Earnings Details
10/29/2015Q315$0.02($0.03)$2.66 billion$2.50 billionViewListenView Earnings Details
7/30/2015Q215$0.01$0.14$2.80 billion$3.03 billionViewListenView Earnings Details
4/29/2015Q115($0.11)($0.64)$3.81 billion$2.60 billionViewN/AView Earnings Details
2/12/2015Q414$0.16($0.49)$3.43 billion$3.36 billionViewN/AView Earnings Details
10/23/2014Q314$0.44$0.14$4.06 billion$4.43 billionViewListenView Earnings Details
7/30/2014Q214$0.44$0.74$4.18 billion$5.01 billionViewN/AView Earnings Details
4/30/2014Q1 2014$0.45$0.28$4.62 billion$4.56 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)
2017 EPS Consensus Estimate: $0.10
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20171($0.09)($0.09)($0.09)
Q2 20171$0.04$0.04$0.04
Q3 20171$0.03$0.03$0.03
Q4 20171$0.12$0.12$0.12
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for Cenovus Energy (NYSE:CVE)
Next Dividend:6/30/2017
Annual Dividend:$0.15
Dividend Yield:1.56%
Dividend Growth:-45.30% (3 Year Average)
Payout Ratio:-12.93% (Trailing 12 Months of Earnings)
62.50% (Based on This Year's Estimates)
45.45% (Based on Next Year's Estimates)
Dividend Payments by Quarter for Cenovus Energy (NYSE:CVE)

Dividend History by Quarter for Cenovus Energy (NYSE:CVE)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
4/27/2017quarterly$0.041.49%6/13/20176/15/20176/30/2017
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

Headline Trends for Cenovus Energy (NYSE:CVE)
Latest Headlines for Cenovus Energy (NYSE:CVE)
Source:
DateHeadline
finance.yahoo.com logoConocoPhillips Concludes Asset Divestment to Cenovus Energy
finance.yahoo.com - May 18 at 10:50 AM
nasdaq.com logoCenovus completes acquisition of assets in Western Canada from ConocoPhillips - Nasdaq
www.nasdaq.com - May 17 at 4:40 PM
americanbankingnews.com logoShort Interest in Cenovus Energy Inc (CVE) Decreases By 18.6%
www.americanbankingnews.com - May 15 at 7:24 AM
finance.yahoo.com logoETFs with exposure to Cenovus Energy, Inc. : May 11, 2017
finance.yahoo.com - May 11 at 5:14 PM
americanbankingnews.com logoCenovus Energy (CVE) Earns Daily Coverage Optimism Rating of 0.26
www.americanbankingnews.com - May 4 at 1:24 AM
finance.yahoo.com logoThe Market Is Missing Cenovus' Potential
finance.yahoo.com - May 3 at 8:27 AM
americanbankingnews.com logoZacks Investment Research Downgrades Cenovus Energy Inc (CVE) to Hold
www.americanbankingnews.com - May 1 at 8:40 PM
finance.yahoo.com logoETFs with exposure to Cenovus Energy, Inc. : May 1, 2017
finance.yahoo.com - May 1 at 4:30 PM
americanbankingnews.com logoCenovus Energy Inc (CVE) Receives Consensus Rating of "Buy" from Analysts
www.americanbankingnews.com - May 1 at 12:01 PM
americanbankingnews.com logoCenovus Energy Inc (CVE) Forecasted to Earn Q2 2017 Earnings of $0.04 Per Share
www.americanbankingnews.com - May 1 at 8:23 AM
americanbankingnews.com logoCenovus Energy (CVE) Earning Somewhat Positive Media Coverage, Study Shows
www.americanbankingnews.com - April 30 at 4:55 PM
americanbankingnews.com logoCenovus Energy Inc (CVE) Short Interest Update
www.americanbankingnews.com - April 30 at 7:16 AM
americanbankingnews.com logoQ4 2017 EPS Estimates for Cenovus Energy Inc Lifted by Cormark (CVE)
www.americanbankingnews.com - April 28 at 8:40 PM
finance.yahoo.com logoCenovus Energy, Inc. :CVE-US: Earnings Analysis: Q1, 2017 By the Numbers : April 28, 2017
finance.yahoo.com - April 28 at 5:37 PM
americanbankingnews.com logoSomewhat Positive Media Coverage Unlikely to Affect Cenovus Energy (CVE) Stock Price
www.americanbankingnews.com - April 27 at 10:27 PM
americanbankingnews.com logoCenovus Energy Inc (CVE) to Issue $0.04 Quarterly Dividend
www.americanbankingnews.com - April 27 at 9:12 PM
seekingalpha.com logoCenovus Energy's (CVE) CEO Brian Ferguson on Q1 2017 Results - Earnings Call Transcript - Seeking Alpha
seekingalpha.com - April 27 at 5:07 PM
nasdaq.com logoCenovus Energy Inc. Announces 1142% Increase In Q1 Profit - Nasdaq
www.nasdaq.com - April 27 at 5:07 PM
finance.yahoo.com logoMarathon Petroleum (MPC) Earnings Surprise in Q1, Sales Lag
finance.yahoo.com - April 27 at 5:07 PM
finance.yahoo.com logoCenovus Energy Posts Smaller-Than-Expected Quarterly Loss
finance.yahoo.com - April 27 at 1:51 AM
finance.yahoo.com logoCenovus delivers strong first quarter operational performance
finance.yahoo.com - April 27 at 1:51 AM
finance.yahoo.com logoCenovus reports voting results of election of Directors
finance.yahoo.com - April 27 at 1:51 AM
americanbankingnews.com logoCenovus Energy Inc (CVE) Announces Quarterly Earnings Results
www.americanbankingnews.com - April 26 at 2:04 PM
americanbankingnews.com logoCenovus Energy Inc (CVE) Earns "Hold" Rating from Canaccord Genuity
www.americanbankingnews.com - April 26 at 8:55 AM
americanbankingnews.com logoCenovus Energy (CVE) Getting Positive News Coverage, Report Finds
www.americanbankingnews.com - April 24 at 8:30 PM
nasdaq.com logoCenovus may sell parts of acquired natgas assets -analysts
www.nasdaq.com - April 23 at 9:55 PM
americanbankingnews.com logoCenovus Energy (CVE) Given Coverage Optimism Score of 0.27
www.americanbankingnews.com - April 20 at 4:54 PM
finance.yahoo.com logoHow San Juan Divestiture Will Affect COP’s Low Cost Reserves
finance.yahoo.com - April 19 at 12:36 PM
feeds.benzinga.com logoCenovus to hold conference call and webcast on first quarter 2017 results
feeds.benzinga.com - April 19 at 12:19 PM
americanbankingnews.com logoCenovus Energy (CVE) Earns Coverage Optimism Rating of 0.26
www.americanbankingnews.com - April 17 at 2:58 PM
americanbankingnews.com logoCenovus Energy (CVE) Earning Favorable News Coverage, Study Shows
www.americanbankingnews.com - April 15 at 12:17 AM
nasdaq.com logoCenovus CEO seeks backing as bold bet and market jitters test his legacy - Nasdaq
www.nasdaq.com - April 11 at 8:47 PM
finance.yahoo.com logoCenovus Sees Demand for Assets as It Seeks to Fund Conoco Deal
finance.yahoo.com - April 11 at 3:44 PM
finance.yahoo.com logoCenovus CEO says investors understand 'strategic rationale' for deal
finance.yahoo.com - April 11 at 3:44 PM
finance.yahoo.com logoCimarex (XEC) Announces Expiration of 5.875% Senior Notes
finance.yahoo.com - April 10 at 12:06 PM
americanbankingnews.com logoCenovus Energy Inc (CVE) Stock Rating Lowered by Goldman Sachs Group Inc
www.americanbankingnews.com - April 9 at 2:33 PM
finance.yahoo.com logoCenovus announces closing of $3.0 billion bought-deal common share financing
finance.yahoo.com - April 7 at 9:18 AM
americanbankingnews.com logoCenovus Energy Inc (CVE) Upgraded by Macquarie to Neutral
www.americanbankingnews.com - April 5 at 8:55 AM
americanbankingnews.com logoCenovus Energy Inc (CVE) Given Average Recommendation of "Buy" by Brokerages
www.americanbankingnews.com - April 4 at 2:04 PM
finance.yahoo.com logoBullish on Cenovus Energy After Acquisition Announcement
finance.yahoo.com - April 3 at 5:01 PM
finance.yahoo.com logoFirst Solar, Rite Aid Dip into Monday’s 52-Week Low Club
finance.yahoo.com - April 3 at 5:01 PM
thestreet.com logoStrength of the Market; Peak Oil Price: Jim Cramer's View
www.thestreet.com - April 3 at 5:00 AM
reuters.com logoCenovus C$3 billion offering has been fully subscribed: sources
www.reuters.com - March 31 at 9:46 PM
us.rd.yahoo.com logoCompany News for March 31, 2017
us.rd.yahoo.com - March 31 at 4:44 PM
finance.yahoo.com logoCenovus, Rite Aid Slide into Friday’s 52-Week Low Club
finance.yahoo.com - March 31 at 4:44 PM
finance.yahoo.com logoLululemon, Cenovus Energy Dive into Thursday's 52-Week Low Club - Yahoo Finance
finance.yahoo.com - March 31 at 3:03 AM
marketwatch.com logoConocoPhillips shares rally on sale of oil sands interest to Cenovus - MarketWatch
www.marketwatch.com - March 31 at 3:03 AM
streetinsider.com logoCenovus Energy (CVE) Announces 187.5M Share Bought-Deal at $16 - StreetInsider.com
www.streetinsider.com - March 31 at 3:03 AM
thestreet.com logoCenovus Falls After Conoco Deal, Valeant Resumes Decline: Most Active Stocks, March 30
us.rd.yahoo.com - March 30 at 10:02 PM
us.rd.yahoo.com logo[$$] Cenovus/Conoco: filthy lucre
us.rd.yahoo.com - March 30 at 5:02 PM

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Chart

Cenovus Energy (CVE) Chart for Wednesday, May, 24, 2017

This page was last updated on 5/24/2017 by MarketBeat.com Staff