Cenovus Energy Stock Forecast, Price & News

17 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Cenovus Energy in the last twelve months. There are currently 5 hold ratings and 12 buy ratings for the stock. The consensus among Wall Street research 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 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) posted its quarterly earnings results on Monday, February, 8th. The oil and gas company reported ($0.35) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.08) by $0.27. The oil and gas company earned $2.74 billion during the quarter, compared to analyst estimates of $3.86 billion. Cenovus Energy had a negative trailing twelve-month return on equity of 12.48% and a negative net margin of 14.15%. During the same period in the previous year, the firm posted $0.09 EPS.
View Cenovus Energy's earnings history.

Cenovus Energy's stock was trading at $3.01 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, CVE stock has increased by 148.5% and is now trading at $7.48.
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Cenovus Energy declared a quarterly dividend on Wednesday, February 10th. Investors 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 yield of 0.73%. The ex-dividend date is Friday, March 12th.
View Cenovus Energy's dividend history.

17 brokerages have issued 1-year target prices for Cenovus Energy's stock. Their forecasts range from $6.00 to $16.00. On average, they anticipate Cenovus Energy's share price to reach $9.71 in the next twelve months. This suggests a possible upside of 29.8% from the stock's current price.
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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 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), Occidental Petroleum (OXY), Woodside Petroleum (WOPEY), Devon Energy (DVN), Diamondback Energy (FANG), Sasol (SSL), Toray Industries (TRYIY) and Continental Resources (CLR).
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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 shareholders include Nexus Investment Management ULC (0.09%), DORCHESTER WEALTH MANAGEMENT Co (0.02%) and Foundation Resource Management Inc. (0.02%).

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

CVE stock was acquired 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 $7.48.

Cenovus Energy has a market capitalization of $15.09 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]