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: 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: $6.21 billion
  • Outstanding Shares: 833,289,000
Average Prices:
  • 50 Day Moving Avg: $7.62
  • 200 Day Moving Avg: $10.96
  • 52 Week Range: $6.76 - $16.82
P/E:
  • Trailing P/E Ratio: N/A
  • Foreward P/E Ratio: 24.03
  • P/E Growth: 1.49
Sales & Book Value:
  • Annual Revenue: $10.88 billion
  • Price / Sales: 0.57
  • Book Value: $11.12 per share
  • Price / Book: 0.67
Dividend:
  • Annual Dividend: $0.15
  • Dividend Yield: 1.0%
Profitability:
  • EBIDTA: $1.3 billion
  • Net Margins: 5.46%
  • Return on Equity: 7.26%
  • Return on Assets: 3.36%
Debt:
  • Debt-to-Equity Ratio: 0.54%
  • Current Ratio: 3.05%
  • Quick Ratio: 2.63%
Misc:
  • Average Volume: 4.82 million shs.
  • Beta: 0.54
  • 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 announced a quarterly dividend on Thursday, April 27th. Shareholders of record on Thursday, June 15th will be given a dividend of $0.0371 per share on Friday, June 30th. This represents a $0.15 dividend on an annualized basis and a yield of 1.99%. 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) issued its quarterly earnings results on Wednesday, April, 26th. The company reported ($0.04) EPS for the quarter, missing the consensus estimate of $0.02 by $0.06. The firm earned $2.92 billion during the quarter, compared to the consensus estimate of $3.21 billion. Cenovus Energy had a return on equity of 7.26% and a net margin of 5.46%. During the same quarter in the prior year, the business posted ($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?

16 brokers have issued 12 month price objectives for Cenovus Energy's shares. Their forecasts range from $8.00 to $25.00. On average, they expect Cenovus Energy's share price to reach $19.17 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 June. As of June 30th, there was short interest totalling 27,679,831 shares, an increase of 68.6% from the June 15th total of 16,413,219 shares. Based on an average trading volume of 6,361,133 shares, the short-interest ratio is presently 4.4 days. Currently, 2.7% of the shares of the stock are sold short.

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 a number of of retail and institutional investors. Top institutional investors include Beutel Goodman & Co Ltd. (5.39%), Jarislowsky Fraser Ltd (1.64%), NN Investment Partners Holdings N.V. (0.22%), APG Asset Management N.V. (0.16%), Foundation Resource Management Inc. (0.08%) and Nexus Investment Management Inc. (0.06%). 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, Cardinal Capital Management Inc., NN Investment Partners Holdings N.V., APG Asset Management N.V., Beutel Goodman & Co Ltd., US Bancorp DE, Aperio Group LLC and Nexus Investment Management Inc.. View Insider Buying and Selling for Cenovus Energy.

Who bought Cenovus Energy stock? Who is buying Cenovus Energy stock?

Cenovus Energy's stock was acquired by a variety of institutional investors in the last quarter, including DORCHESTER WEALTH MANAGEMENT Co, Foundation Resource Management Inc., Capstone Asset Management Co. and Gateway Investment Advisers 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.

What is Cenovus Energy's stock price today?

One share of Cenovus Energy stock can currently be purchased for approximately $7.45.


MarketBeat Community Rating for Cenovus Energy (NYSE CVE)
Community Ranking:  2.5 out of 5 (  )
Outperform Votes:  288 (Vote Outperform)
Underperform Votes:  282 (Vote Underperform)
Total Votes:  570
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, 7 Hold Ratings, 7 Buy Ratings
Consensus Rating:Hold (Score: 2.31)
Consensus Price Target: $19.17 (157.27% 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 7/23/2015 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: $0.28
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
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for Cenovus Energy (NYSE:CVE)
Most Recent Dividend:6/30/2017
Annual Dividend:$0.15
Dividend Yield:2.01%
Dividend Growth:-45.30% (3 Year Average)
Payout Ratio:-71.43% (Trailing 12 Months of Earnings)
125.00% (Based on This Year's Estimates)
48.39% (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 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
americanbankingnews.com logoCenovus Energy Inc (CVE) Cut to "Underperform" at Macquarie
www.americanbankingnews.com - June 21 at 8:54 AM
fool.com logoWhy SUPERVALU, Cenovus Energy, and Frontier Communications Slumped Today - Motley Fool
www.fool.com - June 20 at 11:29 PM
nasdaq.com logoBUZZ-US STOCKS ON THE MOVE-AMD, Chipotle, Vivint Solar, Cenovus Energy, and oil and biotech stocks - Nasdaq
www.nasdaq.com - June 20 at 11:29 PM
finance.yahoo.com logoCenovus CEO says company cut some jobs as it reviews operations
finance.yahoo.com - June 20 at 5:16 PM
finance.yahoo.com logoWhy SUPERVALU, Cenovus Energy, and Frontier Communications Slumped Today
finance.yahoo.com - June 20 at 5:16 PM
fool.com logoCenovus Energy Inc Plunges After Announcing CEO Retirement and New 5-Year Plan
www.fool.com - June 20 at 12:58 PM
americanbankingnews.com logoCenovus Energy Inc (CVE) Given Consensus Rating of "Hold" by Analysts
www.americanbankingnews.com - June 20 at 8:35 AM
feeds.benzinga.com logoCenovus President & Chief Executive Officer Brian Ferguson to retire
feeds.benzinga.com - June 20 at 6:29 AM
americanbankingnews.com logoReviewing Cenovus Energy (CVE) & Alon USA Partners, (ALDW)
www.americanbankingnews.com - June 19 at 4:16 PM
americanbankingnews.com logoCenovus Energy Inc (CVE) Raised to Sell at BidaskClub
www.americanbankingnews.com - June 14 at 9:06 PM
finance.yahoo.com logoCenovus to webcast Investor Day 2017
finance.yahoo.com - June 13 at 9:17 PM
americanbankingnews.com logoZacks: Analysts Expect Cenovus Energy Inc (CVE) Will Announce Quarterly Sales of $3.45 Billion
www.americanbankingnews.com - June 10 at 7:35 AM
americanbankingnews.com logoInvestors Purchase Large Volume of Cenovus Energy Put Options (CVE)
www.americanbankingnews.com - June 10 at 7:08 AM
nasdaq.com logoCash Dividend On The Way From Cenovus Energy (CVE)
www.nasdaq.com - June 9 at 4:13 PM
americanbankingnews.com logo Brokerages Anticipate Cenovus Energy Inc (CVE) Will Post Earnings of $0.04 Per Share
www.americanbankingnews.com - June 9 at 12:06 AM
americanbankingnews.com logoReviewing Phillips 66 (PSX) & Cenovus Energy (CVE)
www.americanbankingnews.com - June 8 at 8:18 AM
americanbankingnews.com logoValuEngine Downgrades Cenovus Energy Inc (CVE) to Sell
www.americanbankingnews.com - June 4 at 9:52 PM
nasdaq.com logoCVE Stock Crowded With Sellers
www.nasdaq.com - June 2 at 6:08 PM
finance.yahoo.com logoETFs with exposure to Cenovus Energy, Inc. : May 26, 2017
finance.yahoo.com - May 26 at 5:09 PM
americanbankingnews.com logoCenovus Energy Inc (CVE) Coverage Initiated by Analysts at Credit Suisse Group AG
www.americanbankingnews.com - May 26 at 10:59 AM
americanbankingnews.com logoCenovus Energy Inc (CVE) Given Average Recommendation of "Hold" by Brokerages
www.americanbankingnews.com - May 26 at 8:50 AM
fool.ca logoMore Headwinds for Cenovus Energy Inc. - The Motley Fool Canada
www.fool.ca - May 24 at 11:45 PM

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Chart

Cenovus Energy (CVE) Chart for Sunday, July, 23, 2017

This page was last updated on 7/23/2017 by MarketBeat.com Staff