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

$9.26
-0.13 (-1.38 %)
(As of 01/17/2020 04:00 PM ET)
Today's Range
$9.26
Now: $9.26
$9.43
50-Day Range
$8.54
MA: $9.69
$10.48
52-Week Range
$7.23
Now: $9.26
$10.82
Volume2.13 million shs
Average Volume2.92 million shs
Market Capitalization$11.38 billion
P/E Ratio21.53
Dividend Yield2.00%
Beta1.01
Cenovus Energy Inc, together with its subsidiaries, develops, produces, and markets crude oil, natural gas liquids, and natural gas in Canada and the United States. The company's Oil Sands segment develops and produces bitumen in northeast Alberta. This segment's bitumen assets include Foster Creek, Christina Lake, and Narrows Lake, as well as other projects in the early stages of development, such as Telephone Lake. Read More…

Industry, Sector and Symbol

Industry Crude petroleum & natural gas
Sub-IndustryN/A
SectorOils/Energy
CUSIPN/A
Phone403-766-2000

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$16.08 billion
Book Value$10.97 per share

Profitability

Net Income$-2,059,130,000.00

Miscellaneous

Employees2,264
Outstanding Shares1,228,740,000
Market Cap$11.38 billion
Next Earnings Date2/12/2020 (Confirmed)
OptionableOptionable

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Cenovus Energy (NYSE:CVE) Frequently Asked Questions

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 Wednesday, July 24th. Investors 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 dividend on an annualized basis and a dividend yield of 1.64%. The ex-dividend date of this dividend is Thursday, September 12th. 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) posted its quarterly earnings data on Thursday, October, 31st. The oil and gas company reported $0.23 EPS for the quarter, beating the Zacks' consensus estimate of $0.15 by $0.08. The oil and gas company earned $4.70 billion during the quarter, compared to the consensus estimate of $5.33 billion. Cenovus Energy had a negative return on equity of 5.76% and a net margin of 3.41%. Cenovus Energy's revenue was down 20.3% on a year-over-year basis. During the same quarter in the previous year, the company posted ($0.20) earnings per share. View Cenovus Energy's Earnings History.

When is Cenovus Energy's next earnings date?

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

How can I listen to Cenovus Energy's earnings call?

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.

What price target have analysts set for CVE?

9 analysts have issued twelve-month price objectives 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 56.6% from the stock's current price. View Analyst Price Targets for Cenovus Energy.

What is the consensus analysts' recommendation 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.

Has Cenovus Energy been receiving favorable news coverage?

News stories about CVE stock have trended very positive recently, InfoTrie Sentiment reports. 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 companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Cenovus Energy earned a coverage optimism score of 3.4 on InfoTrie's scale. They also gave news coverage about the oil and gas company a news buzz of 10.0 out of 10, indicating that recent press coverage is extremely likely to have an impact on the stock's share price in the near future. View News Stories for Cenovus Energy.

Who are some of Cenovus Energy's key competitors?

What other stocks do shareholders of Cenovus Energy own?

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), Intel (INTC), AT&T (T), Barrick Gold (GOLD), Ford Motor (F), Cisco Systems (CSCO) and Micron Technology (MU).

Who are Cenovus Energy's key executives?

Cenovus Energy's management team includes the folowing people:
  • Mr. Alexander J. Pourbaix, CEO, Pres & Director (Age 53)
  • Mr. Harbir Singh Chhina, Exec. VP & CTO
  • Mr. Jonathan M. McKenzie, Exec. VP & CFO (Age 51)
  • Ms. Sherry A. Wendt, Director of Investor Relations
  • Mr. Alan Craig Reid, Exec. VP of Stakeholder Engagement, Safety & Legal and Gen. Counsel

Who are Cenovus Energy's major shareholders?

Cenovus Energy's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include Galibier Capital Management Ltd. (0.24%), Nexus Investment Management Inc. (0.13%), Caymus Capital Partners L.P. (0.12%), Foundation Resource Management Inc. (0.04%), Hexavest Inc. (0.03%) and Commerzbank Aktiengesellschaft FI (0.01%).

Which major investors are selling Cenovus Energy stock?

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

Which major investors are buying Cenovus Energy stock?

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. and Hexavest Inc..

How do I buy shares of Cenovus Energy?

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.

What is Cenovus Energy's stock price today?

One share of CVE stock can currently be purchased for approximately $9.26.

How big of a company is Cenovus Energy?

Cenovus Energy has a market capitalization of $11.38 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.

What is Cenovus Energy's official website?

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

How can I contact Cenovus Energy?

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]


MarketBeat Community Rating for Cenovus Energy (NYSE CVE)

Community Ranking:  2.2 out of 5 (star star)
Outperform Votes:  555 (Vote Outperform)
Underperform Votes:  683 (Vote Underperform)
Total Votes:  1,238
MarketBeat's community ratings are surveys of what our community members think about Cenovus Energy and other stocks. Vote "Outperform" if you believe CVE will outperform the S&P 500 over the long term. Vote "Underperform" if you believe CVE will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 1/18/2020 by MarketBeat.com Staff

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