Cenovus Energy Stock Forecast, Price & News

17 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Cenovus Energy in the last year. There are currently 7 hold ratings and 10 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" Cenovus Energy stock.
View analyst ratings for Cenovus Energy or view top-rated stocks.

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Cenovus Energy saw a decline in short interest during the month of February. As of February 26th, there was short interest totaling 12,680,000 shares, a decline of 30.7% from the February 11th total of 18,300,000 shares. Based on an average trading volume of 10,510,000 shares, the short-interest ratio is currently 1.2 days. Currently, 0.9% of the shares of the company are short sold.
View Cenovus Energy's Short Interest.

Cenovus Energy is scheduled to release its next quarterly earnings announcement on Friday, May 7th 2021.
View our earnings forecast for Cenovus Energy.

Cenovus Energy will be holding an earnings conference call on Friday, May 7th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

Cenovus Energy Inc. (NYSE:CVE) released its earnings results on Monday, February, 8th. The oil and gas company reported ($0.35) EPS for the quarter, missing the Zacks' consensus estimate of ($0.08) by $0.27. The oil and gas company earned $2.74 billion during the quarter, compared to the consensus estimate of $3.86 billion. Cenovus Energy had a negative net margin of 14.15% and a negative trailing twelve-month return on equity of 12.48%. During the same period in the prior year, the company earned $0.09 EPS.
View Cenovus Energy's earnings history.

Cenovus Energy's stock was trading at $3.01 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, CVE stock has increased by 152.5% and is now trading at $7.60.
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Cenovus Energy declared a quarterly dividend on Wednesday, February 10th. Shareholders of record on Monday, March 15th will be given a dividend of $0.0137 per share on Wednesday, March 31st. This represents a $0.05 annualized dividend and a dividend yield of 0.72%. The ex-dividend date of this dividend is Friday, March 12th.
View Cenovus Energy's dividend history.

17 brokers have issued 12-month price targets for Cenovus Energy's stock. Their forecasts range from $5.50 to $16.00. On average, they anticipate Cenovus Energy's share price to reach $9.21 in the next twelve months. This suggests a possible upside of 21.2% from the stock's current price.
View analysts' price targets for Cenovus Energy or view top-rated stocks among Wall Street analysts.

72 employees have rated Cenovus Energy CEO Alex Pourbaix on Glassdoor.com. Alex Pourbaix has an approval rating of 80% among Cenovus Energy's employees.

Some companies that are related to Cenovus Energy include PETROLEO BRASIL/S (PBR.A), CNOOC (CEO), Petróleo Brasileiro S.A. - Petrobras (PBR), ENI (E), EOG Resources (EOG), Canadian Natural Resources (CNQ), Pioneer Natural Resources (PXD), The Hong Kong and China Gas (HOKCY), Ecopetrol (EC), RWE Aktiengesellschaft (RWEOY), Denbury (DEN), Occidental Petroleum (OXY), Woodside Petroleum (WOPEY), Devon Energy (DVN) and Diamondback Energy (FANG).
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Based on aggregate information from My MarketBeat watchlists, some companies that other Cenovus Energy investors own include General Electric (GE), Bank of America (BAC), Suncor Energy (SU), Intel (INTC), Micron Technology (MU), QUALCOMM (QCOM), AT&T (T), Enbridge (ENB), Cisco Systems (CSCO) and Enterprise Products Partners (EPD).

Cenovus Energy trades on the New York Stock Exchange (NYSE) under the ticker symbol "CVE."

Cenovus Energy's stock is owned by many different institutional and retail investors. Top institutional investors include Nexus Investment Management ULC (0.09%) and Foundation Resource Management Inc. (0.02%).

CVE stock was sold by a variety of institutional investors in the last quarter, including Nexus Investment Management ULC.

CVE stock was purchased by a variety of institutional investors in the last quarter, including Foundation Resource Management Inc..

Shares of CVE can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of CVE stock can currently be purchased for approximately $7.60.

Cenovus Energy has a market capitalization of $15.33 billion and generates $15.21 billion in revenue each year. The oil and gas company earns $1.65 billion in net income (profit) each year or $0.28 on an earnings per share basis.

Cenovus Energy employs 2,413 workers across the globe.

Cenovus Energy was founded in 2009.

The official website for Cenovus Energy is www.cenovus.com.

Cenovus Energy is headquartered at 4100 225 6 AVENUE SW, CALGARY A0, T2P 1N2.

Cenovus Energy's mailing address is 4100 225 6 AVENUE SW, CALGARY A0, T2P 1N2. The oil and gas company can be reached via phone at 403-766-2000 or via email at [email protected]