Cenovus Energy Company Profile (NYSE:CVE)

About Cenovus Energy (NYSE:CVE)

Cenovus Energy logoCenovus Energy Inc is a Canada-based integrated oil company. It operates in the business of developing, producing and marketing crude oil, Natural Gas Liquids (NGLs) and natural gas in Canada. The Company also conducts marketing activities and owns refining interests in the United States (U.S.). Its segments include: Oil Sands, which includes the development and production of bitumen and natural gas in northeast Alberta; Conventional, which 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 and emerging tight oil opportunities; Refining and Marketing, which includes transporting and selling crude oil and natural gas and joint ownership of refineries in the U.S., as well as Corporate and Eliminations.

Industry, Sector and Symbol:
  • Sector: Oils/Energy
  • Industry: Oil & Gas Refining and Marketing - NEC
  • Sub-Industry: N/A
  • Symbol: NYSE:CVE
  • CUSIP: N/A
  • Web: www.cenovus.com
Capitalization:
  • Market Cap: $9.38796 billion
  • Outstanding Shares: 1,228,790,000
Average Prices:
  • 50 Day Moving Avg: $7.70
  • 200 Day Moving Avg: $10.08
  • 52 Week Range: $6.76 - $16.82
P/E:
  • Trailing P/E Ratio: 3.17
  • Foreward P/E Ratio: 44.29
  • P/E Growth: 0.49
Sales & Book Value:
  • Annual Revenue: $11.93 billion
  • Price / Sales: 0.78
  • Book Value: $12.78 per share
  • Price / Book: 0.59
Dividend:
  • Annual Dividend: $0.15
  • Dividend Yield: 1.9%
Profitability:
  • EBIDTA: $1.77 billion
  • Net Margins: 17.89%
  • Return on Equity: 3.20%
  • Return on Assets: 1.46%
Debt:
  • Debt-to-Equity Ratio: 0.64%
  • Current Ratio: 1.44%
  • Quick Ratio: 1.20%
Misc:
  • Average Volume: 5.36 million shs.
  • Beta: 0.57
  • Short Ratio: 4.48
 
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, July 27th. Investors of record on Friday, September 15th will be paid a dividend of $0.039 per share on Friday, September 29th. This represents a $0.16 annualized dividend and a yield of 2.07%. The ex-dividend date of this dividend is Thursday, September 14th. This is an increase from Cenovus Energy's previous quarterly dividend of $0.04. View Cenovus Energy's Dividend History.

How were Cenovus Energy's earnings last quarter?

Cenovus Energy Inc (NYSE:CVE) released its earnings results on Thursday, July, 27th. The company reported $0.27 EPS for the quarter, beating the Zacks' consensus estimate of $0.03 by $0.24. The company earned $3.03 billion during the quarter, compared to analysts' expectations of $3.40 billion. Cenovus Energy had a return on equity of 3.20% and a net margin of 17.89%. During the same period in the prior year, the firm earned ($0.05) earnings per share. View Cenovus Energy's Earnings History.

When will Cenovus Energy make its next earnings announcement?

Cenovus Energy is scheduled to release their next quarterly earnings announcement on Thursday, October, 26th 2017. View Earnings Estimates for Cenovus Energy.

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

15 analysts have issued twelve-month price targets for Cenovus Energy's stock. Their predictions range from $8.00 to $25.00. On average, they expect Cenovus Energy's share price to reach $18.64 in the next year. View Analyst Ratings for Cenovus Energy.

Are investors shorting Cenovus Energy?

Cenovus Energy saw a increase in short interest in the month of July. As of July 14th, there was short interest totalling 33,044,466 shares, an increase of 19.4% from the June 30th total of 27,679,831 shares. Based on an average daily trading volume, of 4,285,240 shares, the days-to-cover ratio is currently 7.7 days. Approximately 3.2% of the company's stock are short sold.

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:

  • Patrick D. Daniel, Chairman of the Board
  • Brian C. Ferguson, President, Chief Executive Officer, Non-Independent Director
  • Ivor M. Ruste, Chief Financial Officer, Executive Vice President
  • Harbir S. Chhina, Executive Vice President, Chief Technology Officer
  • Alan Craig Reid, Executive Vice-President - Environment, Corporate Affairs, Legal & General Counsel
  • Judy A. Fairburn, Executive Vice President - Safety, Chief Digital Officer
  • Kieron McFayden, Executive Vice President, President - Upstream Oil & Gas
  • Robert William Pease, Executive Vice President - Strategic Planning, President, Downstream
  • J. Drew Zieglgansberger, Executive Vice President - Deep Basin
  • Sarah Walters, Vice President - Human Resources

Who owns Cenovus Energy stock?

Cenovus Energy's stock is owned by many different of institutional and retail investors. Top institutional investors include FMR LLC (4.40%), Beutel Goodman & Co Ltd. (5.39%), TD Asset Management Inc. (3.51%), First Eagle Investment Management LLC (2.61%), Letko Brosseau & Associates Inc. (2.21%) and Vanguard Group Inc. (1.98%). 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 Jarislowsky Fraser Ltd, Guardian Capital LP, Mawer Investment Management Ltd., Segantii Capital Management Ltd, Cardinal Capital Management Inc., Bank of Nova Scotia, NN Investment Partners Holdings N.V. and Teachers Advisors LLC. 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 FMR LLC, Letko Brosseau & Associates Inc., Lincluden Management Ltd., Renaissance Technologies LLC, Vanguard Group Inc., Pzena Investment Management LLC, TD Asset Management Inc. and The Manufacturers Life Insurance Company . 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.

What is Cenovus Energy's stock price today?

One share of Cenovus Energy stock can currently be purchased for approximately $7.53.


MarketBeat Community Rating for Cenovus Energy (NYSE CVE)
Community Ranking:  2.5 out of 5 (  )
Outperform Votes:  299 (Vote Outperform)
Underperform Votes:  302 (Vote Underperform)
Total Votes:  601
MarketBeat's community ratings are surveys of what our community members think about Cenovus Energy and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Consensus Ratings for Cenovus Energy (NYSE:CVE) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 2 Sell Ratings, 6 Hold Ratings, 7 Buy Ratings
Consensus Rating:Hold (Score: 2.33)
Consensus Price Target: $18.64 (147.58% upside)

Analysts' Ratings History for Cenovus Energy (NYSE:CVE)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
7/19/2017Morgan StanleyDowngradeOverweight -> Equal WeightHighView Rating Details
7/12/2017Barclays PLCReiterated RatingOverweight$15.00 -> $22.00LowView Rating Details
7/5/2017Raymond James Financial, Inc.DowngradeMarket Perform -> UnderperformLowView Rating Details
6/27/2017National Bank FinancialInitiated CoverageSector PerformMediumView Rating Details
6/22/2017Goldman Sachs Group, Inc. (The)Reiterated RatingNeutral -> Neutral$8.00LowView Rating Details
6/21/2017Canaccord GenuityUpgradeHold -> BuyHighView Rating Details
6/21/2017MacquarieDowngradeNeutral -> UnderperformHighView Rating Details
5/26/2017Credit Suisse GroupReiterated RatingOutperform -> OutperformHighView Rating Details
3/24/2017TD SecuritiesUpgradeHold -> BuyLowView 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
9/26/2016NomuraReiterated RatingHoldN/AView Rating Details
8/19/2016Bank of America CorporationInitiated CoverageNeutral$17.00N/AView Rating Details
7/29/2016J P Morgan Chase & CoBoost Price TargetNeutral$19.00 -> $20.00N/AView Rating Details
2/14/2016BMO Capital MarketsReiterated RatingMarket Perform$18.00N/AView Rating Details
12/15/2015FirstEnergy CapitalReiterated RatingOutperform$23.00 -> $22.00N/AView Rating Details
9/16/2015Citigroup Inc.Reiterated RatingNeutral$21.00 -> $19.00N/AView Rating Details
(Data available from 8/17/2015 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
10/26/2017        
7/27/20176/30/2017$0.03$0.27$3.40 billion$3.03 billionViewN/AView Earnings Details
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: $0.28
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20171($0.09)($0.09)($0.09)
Q2 20171$0.08$0.08$0.08
Q3 20171$0.10$0.10$0.10
Q4 20171$0.19$0.19$0.19
Q2 20181$0.09$0.09$0.09
Q3 20181$0.10$0.10$0.10
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for Cenovus Energy (NYSE:CVE)
Next Dividend:9/29/2017
Annual Dividend:$0.15
Dividend Yield:1.99%
Dividend Growth:-45.30% (3 Year Average)
Payout Ratio:8.33% (Trailing 12 Months of Earnings)
48.39% (Based on This Year's Estimates)
88.24% (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
7/27/2017Quarterly$0.041.89%9/14/20179/15/20179/29/2017
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 logoCenovus Energy, Inc. breached its 50 day moving average in a Bearish Manner : CVE-US : August 16, 2017
finance.yahoo.com - August 16 at 6:06 PM
americanbankingnews.com logo$0.05 Earnings Per Share Expected for Cenovus Energy Inc (CVE) This Quarter
www.americanbankingnews.com - August 16 at 10:16 AM
finance.yahoo.com logoETFs with exposure to Cenovus Energy, Inc. : August 15, 2017
finance.yahoo.com - August 15 at 6:22 PM
americanbankingnews.com logoCenovus Energy Inc (NYSE:CVE) Given Consensus Recommendation of "Hold" by Analysts
www.americanbankingnews.com - August 11 at 5:00 PM
seekingalpha.com logoCenovus Energy: A Siegfried In The Making - Seeking Alpha
seekingalpha.com - August 9 at 10:50 PM
nasdaq.com logoUpdate: TSX Adds 66 Points, Boosted by Energy Shares as Crude Oil Prices Rise; Solid Jobs Report Helps Investor ... - Nasdaq
www.nasdaq.com - August 4 at 5:56 PM
finance.yahoo.com logoCenovus Energy, Inc. :CVE-US: Earnings Analysis: Q2, 2017 By the Numbers : August 1, 2017
finance.yahoo.com - August 1 at 6:22 PM
americanbankingnews.com logo Brokerages Expect Cenovus Energy Inc (NYSE:CVE) Will Announce Quarterly Sales of $4.07 Billion
www.americanbankingnews.com - July 31 at 9:33 AM
americanbankingnews.com logoCenovus Energy Inc (NYSE:CVE) Forecasted to Post Q2 2018 Earnings of $0.09 Per Share
www.americanbankingnews.com - July 31 at 8:56 AM
americanbankingnews.com logoCenovus Energy Inc (NYSE:CVE) Short Interest Update
www.americanbankingnews.com - July 30 at 7:03 AM
americanbankingnews.com logoZacks: Analysts Expect Cenovus Energy Inc (CVE) Will Announce Earnings of $0.06 Per Share
www.americanbankingnews.com - July 29 at 7:46 AM
finance.yahoo.com logoCenovus delivers strong second quarter performance
finance.yahoo.com - July 29 at 12:39 AM
finance.yahoo.com logoCanada's Cenovus Energy posts profit in 2nd qtr
finance.yahoo.com - July 29 at 12:39 AM
finance.yahoo.com logoInvestor Network: Cenovus Energy Inc. to Host Earnings Call
finance.yahoo.com - July 29 at 12:39 AM
finance.yahoo.com logoCanada's Cenovus posts profit on Conoco deal; shares surge
finance.yahoo.com - July 29 at 12:39 AM
finance.yahoo.com logoCANADA STOCKS-TSX ends higher, energy leads as Cenovus soars
finance.yahoo.com - July 29 at 12:39 AM
americanbankingnews.com logoCenovus Energy Inc (NYSE:CVE) Releases Quarterly Earnings Results
www.americanbankingnews.com - July 29 at 12:21 AM
americanbankingnews.com logoCenovus Energy Inc (NYSE:CVE) Raised to Hold at ValuEngine
www.americanbankingnews.com - July 28 at 11:41 PM
americanbankingnews.com logoCenovus Energy Inc (NYSE:CVE) Plans Quarterly Dividend of $0.04
www.americanbankingnews.com - July 28 at 11:33 AM
finance.yahoo.com logoCenovus beats 2Q profit forecasts
finance.yahoo.com - July 27 at 11:01 PM
americanbankingnews.com logoZacks Investment Research Downgrades Cenovus Energy Inc (CVE) to Hold
www.americanbankingnews.com - July 26 at 6:17 PM
americanbankingnews.com logoCenovus Energy Inc (NYSE:CVE) Upgraded to "Buy" by Zacks Investment Research
www.americanbankingnews.com - July 25 at 6:27 PM
finance.yahoo.com logoChecking the Forecast for Chevron Stock ahead of Q2 Earnings
finance.yahoo.com - July 21 at 7:17 PM
streetinsider.com logoUPDATE: Morgan Stanley Downgrades Cenovus Energy Inc. (CVE) to Equalweight
www.streetinsider.com - July 19 at 6:49 PM
americanbankingnews.com logoMorgan Stanley Lowers Cenovus Energy Inc (NYSE:CVE) to Equal Weight
www.americanbankingnews.com - July 19 at 10:25 AM
americanbankingnews.com logoZacks Investment Research Upgrades Cenovus Energy Inc (CVE) to "Hold"
www.americanbankingnews.com - July 18 at 6:24 PM
americanbankingnews.com logoCenovus Energy Inc (CVE) Short Interest Up 68.6% in June
www.americanbankingnews.com - July 17 at 7:06 AM
americanbankingnews.com logoCenovus Energy Inc (CVE) Upgraded to Sell at BidaskClub
www.americanbankingnews.com - July 16 at 2:50 PM
fool.ca logoCenovus Energy Inc. Divestitures on the Horizon: Time to Buy? - The Motley Fool Canada
www.fool.ca - July 14 at 3:31 PM
nasdaq.com logoIn search for new CEO, Cenovus seeks fresh blood for old path - Nasdaq
www.nasdaq.com - July 14 at 3:31 PM
finance.yahoo.com logoCenovus releases 2016 corporate responsibility report
finance.yahoo.com - July 13 at 11:58 PM
americanbankingnews.com logoCenovus Energy Inc (NYSE:CVE) Lowered to Sell at Zacks Investment Research
www.americanbankingnews.com - July 12 at 5:58 PM
americanbankingnews.com logoCenovus Energy Inc (NYSE:CVE) Earns Overweight Rating from Barclays PLC
www.americanbankingnews.com - July 12 at 9:29 AM
americanbankingnews.com logoCenovus Energy Inc (CVE) Downgraded by Raymond James Financial, Inc.
www.americanbankingnews.com - July 9 at 7:14 PM
americanbankingnews.com logoClean Energy Fuels Corp. (CLNE) and Cenovus Energy (NYSE:CVE) Financial Comparison
www.americanbankingnews.com - July 9 at 2:14 PM
americanbankingnews.com logoCenovus Energy Inc (CVE) Expected to Post Quarterly Sales of $3.40 Billion
www.americanbankingnews.com - July 7 at 4:18 PM
americanbankingnews.com logo Brokerages Expect Cenovus Energy Inc (NYSE:CVE) to Post $0.05 EPS
www.americanbankingnews.com - July 5 at 9:12 AM
streetinsider.com logoRaymond James Downgrades Cenovus Energy Inc. (CVE) to Underperform
www.streetinsider.com - July 5 at 5:04 AM
americanbankingnews.com logoCenovus Energy Inc (NYSE:CVE) Short Interest Up 64.6% in June
www.americanbankingnews.com - July 1 at 7:16 AM
americanbankingnews.com logoComparing Cenovus Energy (CVE) & Cosan (CZZ)
www.americanbankingnews.com - June 29 at 4:07 PM
streetinsider.com logoNational Bank Starts Cenovus Energy Inc. (CVE) at Sector Perform - StreetInsider.com
www.streetinsider.com - June 28 at 10:36 PM
americanbankingnews.com logoCVR Refining, (CVRR) versus Cenovus Energy (CVE) Critical Analysis
www.americanbankingnews.com - June 28 at 6:28 PM
americanbankingnews.com logoCenovus Energy Inc (CVE) Coverage Initiated at National Bank Financial
www.americanbankingnews.com - June 27 at 12:24 PM
americanbankingnews.com logoCenovus Energy Inc (CVE) Earns Neutral Rating from Goldman Sachs Group, Inc. (The)
www.americanbankingnews.com - June 25 at 7:10 AM
americanbankingnews.com logoCenovus Energy Inc (CVE) Lowered to "Strong Sell" at BidaskClub
www.americanbankingnews.com - June 24 at 1:46 PM
americanbankingnews.com logoQ3 2017 Earnings Forecast for Cenovus Energy Inc (CVE) Issued By Cormark
www.americanbankingnews.com - June 23 at 8:52 AM
finance.yahoo.com logoFeatured Company News - Cenovus Energy Plans Nearly $5 Billion Asset Sale and Starts Hunt for a New CEO
finance.yahoo.com - June 22 at 10:33 AM
finance.yahoo.com logoConocoPhillips: Not a Buy Despite Major Positive, Goldman Sachs Says
finance.yahoo.com - June 22 at 10:33 AM
americanbankingnews.com logoCormark Weighs in on Cenovus Energy Inc's Q2 2017 Earnings (CVE)
www.americanbankingnews.com - June 22 at 7:40 AM
finance.yahoo.com logoCenovus Hit by CEO Retirement, ConocoPhillips Deal Plans
finance.yahoo.com - June 21 at 5:56 PM

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Chart

Cenovus Energy (CVE) Chart for Thursday, August, 17, 2017

This page was last updated on 8/17/2017 by MarketBeat.com Staff