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

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

Cenovus Energy declared a quarterly dividend on Wednesday, July 24th. Stockholders of record on Friday, September 13th will be given a dividend of $0.038 per share on Monday, September 30th. This represents a $0.15 annualized dividend and a dividend yield of 1.67%. The ex-dividend date of this dividend is Thursday, September 12th. This is a positive change from Cenovus Energy's previous quarterly dividend of $0.04. View Cenovus Energy's Dividend History.

Cenovus Energy Inc (NYSE:CVE) posted its quarterly earnings data on Thursday, October, 31st. The oil and gas company reported $0.23 EPS for the quarter, topping the Thomson Reuters' consensus estimate of $0.15 by $0.08. The oil and gas company had revenue of $4.70 billion for the quarter, compared to analysts' expectations of $5.33 billion. Cenovus Energy had a negative return on equity of 5.76% and a net margin of 3.41%. The firm's revenue was down 20.3% on a year-over-year basis. During the same period in the prior year, the company posted ($0.20) earnings per share. View Cenovus Energy's Earnings History.

Cenovus Energy is scheduled to release their next quarterly earnings announcement on Wednesday, February 12th 2020. View Earnings Estimates for Cenovus Energy.

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

9 Wall Street analysts have issued 1 year price targets for Cenovus Energy's shares. Their forecasts range from $12.00 to $17.50. On average, they anticipate Cenovus Energy's share price to reach $14.50 in the next twelve months. This suggests a possible upside of 59.5% from the stock's current price. View Analyst Price Targets for Cenovus Energy.

9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Cenovus Energy in the last year. There are currently 2 hold ratings and 7 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Cenovus Energy.

News headlines about CVE stock have trended negative on Thursday, according to InfoTrie Sentiment Analysis. The research firm identifies negative and positive press coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of public companies on a scale of negative five to five, with scores nearest to five being the most favorable. Cenovus Energy earned a news impact score of -2.4 on InfoTrie's scale. They also gave media stories about the oil and gas company a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an effect on the company's share price in the near future. View News Stories for Cenovus Energy.

Some companies that are related to Cenovus Energy include Ecopetrol (EC), Occidental Petroleum (OXY), Canadian Natural Resources (CNQ), The Hong Kong and China Gas (HOKCY), Pioneer Natural Resources (PXD), WOODSIDE PET LT/ADR (WOPEY), Rwe Ag Sp (RWEOY), Concho Resources (CXO), Diamondback Energy (FANG), GALP ENERGIA SG/ADR (GLPEY), Apache (APA), Continental Resources (CLR), Sasol (SSL), Noble Energy (NBL) and TORAY INDUSTRIE/ADR (TRYIY).

Based on aggregate information from My MarketBeat watchlists, some companies that other Cenovus Energy investors own include Encana (ECA), Bank of America (BAC), General Electric (GE), Suncor Energy (SU), AT&T (T), Intel (INTC), Barrick Gold (GOLD), Enbridge (ENB), Ford Motor (F) and Cisco Systems (CSCO).

Cenovus Energy's stock is owned by a variety of of retail and institutional investors. Top institutional investors include Galibier Capital Management Ltd. (0.24%), Nexus Investment Management Inc. (0.13%), Caymus Capital Partners L.P. (0.12%), Zurcher Kantonalbank Zurich Cantonalbank (0.09%), DORCHESTER WEALTH MANAGEMENT Co (0.05%) and Foundation Resource Management Inc. (0.04%).

CVE stock was sold by a variety of institutional investors in the last quarter, including Zurcher Kantonalbank Zurich Cantonalbank , Commerzbank Aktiengesellschaft FI, Foundation Resource Management Inc. and CLARET ASSET MANAGEMENT Corp.

CVE stock was acquired by a variety of institutional investors in the last quarter, including Caymus Capital Partners L.P., Galibier Capital Management Ltd., Nexus Investment Management Inc., DORCHESTER WEALTH MANAGEMENT Co and Hexavest Inc..

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, Robinhood, Fidelity and Charles Schwab.

One share of CVE stock can currently be purchased for approximately $9.09.

Cenovus Energy has a market capitalization of $11.17 billion and generates $16.08 billion in revenue each year. The oil and gas company earns $-2,059,130,000.00 in net income (profit) each year or ($1.74) on an earnings per share basis. Cenovus Energy employs 2,264 workers across the globe.View Additional Information About Cenovus Energy.

The official website for Cenovus Energy is http://www.cenovus.com/.

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]