About Cenovus Energy (NYSE:CVE)
Cenovus 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: Integrated Oil & Gas
- Sub-Industry: N/A
- Symbol: NYSE:CVE
- CUSIP: N/A
- Web: www.cenovus.com
Capitalization:- Market Cap: $12.02985 billion
- Outstanding Shares: 1,228,790,000
Average Prices:- 50 Day Moving Avg: $9.43
- 200 Day Moving Avg: $8.83
- 52 Week Range: $6.76 - $16.82
P/E:- Trailing P/E Ratio: 4.09
- Foreward P/E Ratio: 23.28
- P/E Growth: 0.45
Sales & Book Value:- Annual Revenue: $12.32 billion
- Price / Sales: 1.00
- Book Value: $13.19 per share
- Price / Book: 0.76
Dividend:- Annual Dividend: $0.16
- Dividend Yield: 1.6%
Profitability:- EBITDA: $1.83 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: 4.74 million shs.
- Beta: 0.6
- 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, July 27th. Stockholders of record on Friday, September 15th will be given a dividend of $0.039 per share on Friday, September 29th. This represents a $0.16 annualized dividend and a dividend yield of 1.56%. The ex-dividend date 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 business had revenue of $3.03 billion for the quarter, compared to the consensus estimate 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 company earned ($0.05) EPS. View Cenovus Energy's Earnings History.
When will Cenovus Energy make its next earnings announcement?
Where is Cenovus Energy's stock going? Where will Cenovus Energy's stock price be in 2017?
13 brokers have issued 1 year target prices for Cenovus Energy's shares. Their predictions range from $8.00 to $22.00. On average, they expect Cenovus Energy's stock price to reach $16.79 in the next year. View Analyst Ratings for Cenovus Energy.
Are investors shorting Cenovus Energy?
Cenovus Energy saw a increase in short interest in September. As of September 15th, there was short interest totalling 39,804,088 shares, an increase of 15.7% from the August 31st total of 34,393,424 shares. Based on an average daily trading volume, of 5,014,755 shares, the short-interest ratio is currently 7.9 days. Approximately 3.9% of the shares of the 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
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 $10.01.
MarketBeat Community Rating for Cenovus Energy (NYSE CVE)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.
Consensus Ratings for Cenovus Energy (NYSE:CVE) (How are Consensus Ratings Calculated?) MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
| Ratings Breakdown: | 2 Sell Ratings, 3 Hold Ratings, 8 Buy Ratings |
| Consensus Rating: | Hold (Score: 2.46) |
| Consensus Price Target: | $16.79 (67.69% upside) |
Consensus Price Target History for Cenovus Energy (NYSE:CVE)
Analysts' Ratings History for Cenovus Energy (NYSE:CVE)
Show:
| Date | Firm | Action | Rating | Price Target | Impact on Share Price | Details |
|---|
| 10/19/2017 | Canaccord Genuity | Reiterated Rating | Buy | $15.50 | N/A |  |
| 10/16/2017 | Royal Bank Of Canada | Reiterated Rating | Buy | $15.00 | N/A | |
| 10/13/2017 | Morgan Stanley | Set Price Target | Buy | $11.00 -> $15.00 | N/A | |
| 7/12/2017 | Barclays PLC | Reiterated Rating | Overweight | $15.00 -> $22.00 | Low | |
| 7/5/2017 | Raymond James Financial, Inc. | Downgrade | Market Perform -> Underperform | | Low | |
| 6/27/2017 | National Bank Financial | Initiated Coverage | Sector Perform | | Medium | |
| 6/22/2017 | Goldman Sachs Group, Inc. (The) | Reiterated Rating | Neutral -> Neutral | $8.00 | Low | |
| 6/21/2017 | Macquarie | Downgrade | Neutral -> Underperform | | High | |
| 5/26/2017 | Credit Suisse Group | Reiterated Rating | Outperform -> Outperform | | High | |
| 3/24/2017 | TD Securities | Upgrade | Hold -> Buy | | Low | |
| 2/16/2017 | Societe Generale | Upgrade | Hold -> Buy | | N/A | |
| 12/13/2016 | Edward Jones | Downgrade | Buy -> Hold | | N/A | |
| 12/10/2016 | Scotiabank | Reiterated Rating | Outperform | $21.00 | N/A | |
| 9/26/2016 | Nomura | Reiterated Rating | Hold | | N/A | |
| 8/19/2016 | Bank of America Corporation | Initiated Coverage | Neutral | $17.00 | N/A | |
| 7/29/2016 | J P Morgan Chase & Co | Boost Price Target | Neutral | $19.00 -> $20.00 | N/A | |
| 2/14/2016 | BMO Capital Markets | Reiterated Rating | Market Perform | $18.00 | N/A | |
| 12/15/2015 | FirstEnergy Capital | Reiterated Rating | Outperform | $23.00 -> $22.00 | N/A | |
(Data available from 10/20/2015 forward)
Earnings History for Cenovus Energy (NYSE:CVE)Earnings History by Quarter for Cenovus Energy (NYSE CVE)| Date | Quarter | Consensus Estimate | Actual EPS | Revenue Estimate | Actual Revenue | Release Link | Conference Call | Details |
|---|
| 11/2/2017 | | $0.05 | | | | | N/A | |
| 7/27/2017 | 6/30/2017 | $0.03 | $0.27 | $3.40 billion | $3.03 billion | View | N/A | |
| 4/26/2017 | 3/31/2017 | $0.02 | ($0.04) | $3.21 billion | $2.92 billion | View | N/A | |
| 2/16/2017 | Q316 | ($0.03) | $0.29 | $2.61 billion | $2.73 billion | View | N/A | |
| 10/27/2016 | Q216 | ($0.07) | ($0.22) | $2.54 billion | $2.48 billion | View | Listen | |
| 7/28/2016 | Q2 2016 | ($0.14) | ($0.05) | $2.20 billion | $2.33 billion | View | N/A | |
| 4/27/2016 | Q116 | ($0.37) | ($0.51) | $1.85 billion | $1.64 billion | View | N/A | |
| 2/11/2016 | Q415 | ($0.21) | ($0.53) | $3.17 billion | $2.92 billion | View | N/A | |
| 10/29/2015 | Q315 | $0.02 | ($0.03) | $2.66 billion | $2.50 billion | View | Listen | |
| 7/30/2015 | Q215 | $0.01 | $0.14 | $2.80 billion | $3.03 billion | View | Listen | |
| 4/29/2015 | Q115 | ($0.11) | ($0.64) | $3.81 billion | $2.60 billion | View | N/A | |
| 2/12/2015 | Q414 | $0.16 | ($0.49) | $3.43 billion | $3.36 billion | View | N/A | |
| 10/23/2014 | Q314 | $0.44 | $0.14 | $4.06 billion | $4.43 billion | View | Listen | |
| 7/30/2014 | Q214 | $0.44 | $0.74 | $4.18 billion | $5.01 billion | View | N/A | |
| 4/30/2014 | Q1 2014 | $0.45 | $0.28 | $4.62 billion | $4.56 billion | View | N/A | |
| 2/19/2014 | Q413 | $0.45 | $0.13 | $4.74 billion | | View | N/A | |
| 10/24/2013 | Q313 | $0.49 | $0.41 | $4.74 billion | | View | N/A | |
| 7/24/2013 | Q213 | $0.48 | $0.34 | $4.11 billion | | View | N/A | |
| 4/24/2013 | Q113 | $0.46 | $0.52 | $4.21 billion | | View | N/A | |
| 2/14/2013 | Q412 | $0.39 | ($0.25) | $3.58 billion | | View | N/A | |
| 10/25/2012 | | $0.56 | $0.57 | | | View | N/A | |
| 7/25/2012 | | $0.52 | $0.37 | | | View | N/A | |
| 4/25/2012 | | $0.34 | $0.45 | | | View | N/A | |
| 2/15/2012 | | $0.49 | $0.44 | | | View | N/A | |
| 10/27/2011 | | $0.57 | $0.67 | | | View | N/A | |
(Data available from 1/1/2011 forward)
Earnings Estimates for Cenovus Energy (NYSE:CVE)2017 EPS Consensus Estimate: $0.09
2018 EPS Consensus Estimate: $0.22
| Quarter | Number of Estimates | Low Estimate | High Estimate | Average Estimate |
|---|
| Q1 2017 | 1 | ($0.09) | ($0.09) | ($0.09) |
| Q2 2017 | 1 | $0.08 | $0.08 | $0.08 |
| Q3 2017 | 1 | $0.04 | $0.04 | $0.04 |
| Q4 2017 | 1 | $0.06 | $0.06 | $0.06 |
| Q1 2018 | 1 | $0.05 | $0.05 | $0.05 |
| Q2 2018 | 1 | $0.05 | $0.05 | $0.05 |
| Q3 2018 | 1 | $0.06 | $0.06 | $0.06 |
| Q4 2018 | 1 | $0.06 | $0.06 | $0.06 |
(Data provided by Zacks Investment Research)
Current Dividend Information for Cenovus Energy (NYSE:CVE)| Most Recent Dividend: | 9/29/2017 |
| Annual Dividend: | $0.16 |
| Dividend Yield: | 1.60% |
| Dividend Growth: | -45.30% (3 Year Average) |
| Payout Ratio: | 8.89% (Trailing 12 Months of Earnings)
19.05% (Based on This Year's Estimates)
37.21% (Based on Next Year's Estimates)
|
Dividend History by Quarter for Cenovus Energy (NYSE CVE)| Announced | Period | Amount | Yield | Ex-Dividend Date | Record Date | Payable Date |
|---|
| 7/27/2017 | Quarterly | $0.04 | 1.89% | 9/14/2017 | 9/15/2017 | 9/29/2017 |
| 4/27/2017 | quarterly | $0.04 | 1.49% | 6/13/2017 | 6/15/2017 | 6/30/2017 |
| 2/16/2017 | quarterly | $0.04 | 1.09% | 3/13/2017 | 3/15/2017 | 3/31/2017 |
| 10/31/2016 | quarterly | $0.04 | 1.04% | 12/13/2016 | 12/15/2016 | 12/30/2016 |
| 7/29/2016 | quarterly | $0.04 | 1.06% | 9/13/2016 | 9/15/2016 | 9/30/2016 |
| 4/28/2016 | quarterly | $0.04 | 1.01% | 6/13/2016 | 6/15/2016 | 6/30/2016 |
| 2/12/2016 | quarterly | $0.04 | 1.37% | 3/11/2016 | 3/15/2016 | 3/31/2016 |
| 10/30/2015 | quarterly | $0.12 | 3.26% | 12/11/2015 | 12/15/2015 | 12/31/2015 |
| 7/31/2015 | quarterly | $0.12 | 3.37% | 9/11/2015 | 9/15/2015 | 9/30/2015 |
| 4/30/2015 | quarterly | $0.22 | 4.65% | 6/11/2015 | 6/15/2015 | 6/30/2015 |
| 2/13/2015 | quarterly | $0.21 | 4.4% | 3/11/2015 | 3/13/2015 | 3/31/2015 |
| 10/24/2014 | quarterly | $0.24 | 3.86% | 12/11/2014 | 12/15/2014 | 12/31/2014 |
| 7/31/2014 | quarterly | $0.25 | 3.21% | 9/11/2014 | 9/15/2014 | 9/30/2014 |
| 5/1/2014 | quarterly | $0.24 | 3.3% | 6/11/2014 | 6/13/2014 | 6/30/2014 |
| 2/14/2014 | quarterly | $0.24 | 3.72% | 3/12/2014 | 3/14/2014 | 3/31/2014 |
| 10/24/2013 | | $0.23 | | 12/11/2013 | 12/13/2013 | 12/31/2013 |
| 10/24/2013 | quarterly | $0.24 | 3.18% | 12/11/2013 | 12/13/2013 | 12/31/2013 |
| 7/25/2013 | quarterly | $0.23 | 3.12% | 9/11/2013 | 9/13/2013 | 9/30/2013 |
| 4/25/2013 | quarterly | $0.24 | 3.25% | 6/12/2013 | 6/14/2013 | 6/28/2013 |
| 2/15/2013 | quarterly | $0.24 | 3.02% | 3/13/2013 | 3/15/2013 | 3/28/2013 |
(Data available from 1/1/2013 forward)
Insider Trading History for Cenovus Energy (NYSE:CVE)
No insider trades for this company have been tracked by MarketBeat.com
Headline Trends for Cenovus Energy (NYSE:CVE)
Latest Headlines for Cenovus Energy (NYSE:CVE)
| Source: |
|
| Date | Headline |
|---|
 | Cenovus Energy's (CVE) "Buy" Rating Reaffirmed at Canaccord Genuity
www.americanbankingnews.com - October 19 at 10:58 PM |
| Cenovus Energy Inc (CVE) Raised to "Buy" at Zacks Investment Research
www.americanbankingnews.com - October 19 at 6:20 PM |
| Cenovus Energy (CVE) and Its Competitors Financial Analysis
www.americanbankingnews.com - October 19 at 2:10 AM |
| Royal Bank Of Canada Reiterates Buy Rating for Cenovus Energy Inc (CVE)
www.americanbankingnews.com - October 16 at 4:46 PM |
| Analyzing Petroleo Brasileiro S.A.- Petrobras (PBR) and Cenovus Energy (CVE)
www.americanbankingnews.com - October 16 at 10:30 AM |
| Cenovus Energy (CVE) vs. The Competition Head-To-Head Survey
www.americanbankingnews.com - October 16 at 8:52 AM |
| Cenovus Energy Inc (CVE) Given a $15.00 Price Target by Morgan Stanley Analysts
www.americanbankingnews.com - October 13 at 8:52 PM |
| $4.07 Billion in Sales Expected for Cenovus Energy Inc (CVE) This Quarter
www.americanbankingnews.com - October 13 at 1:02 PM |
 | Why You Shouldn't Bet Against Cenovus Energy (CVE) Stock
finance.yahoo.com - October 12 at 6:29 PM |
| Cenovus Energy Inc (CVE) Expected to Post Earnings of $0.05 Per Share
www.americanbankingnews.com - October 11 at 4:28 AM |
| ENI S.p.A. (E) vs. Cenovus Energy (CVE) Head-To-Head Review
www.americanbankingnews.com - October 10 at 8:22 PM |
 | Grossly Undervalued and Set to Soar: Cenovus Energy Inc. and Baytex Energy Corp. - The Motley Fool Canada
www.fool.ca - October 9 at 11:06 PM |
| Cenovus Energy (CVE) and Its Peers Head to Head Comparison
www.americanbankingnews.com - October 9 at 6:14 AM |
| Contrasting ENI S.p.A. (E) and Cenovus Energy (CVE)
www.americanbankingnews.com - October 8 at 2:14 AM |
| These Integrated Energy Stocks Are Losing This Week
finance.yahoo.com - October 5 at 4:50 PM |
| Cenovus Energy (CVE) and Its Rivals Head-To-Head Analysis
www.americanbankingnews.com - October 1 at 6:30 PM |
| Short Interest in Cenovus Energy Inc (CVE) Expands By 15.7%
www.americanbankingnews.com - October 1 at 2:38 AM |
| Cenovus Energy Inc (CVE) Given Consensus Rating of "Hold" by Brokerages
www.americanbankingnews.com - September 30 at 8:52 AM |
| Cenovus Energy Inc (CVE) Stock Rating Reaffirmed by Canaccord Genuity
www.americanbankingnews.com - September 25 at 7:16 PM |
| Cenovus Energy Gets Quantitative Upgrade; Improving Charts
finance.yahoo.com - September 25 at 4:09 PM |
| $4.08 Billion in Sales Expected for Cenovus Energy Inc (CVE) This Quarter
www.americanbankingnews.com - September 24 at 3:22 AM |
| Valero Energy Corporation (VLO) and Cenovus Energy (CVE) Critical Survey
www.americanbankingnews.com - September 22 at 10:08 PM |
| Cenovus Energy Inc (CVE) Short Interest Update
www.americanbankingnews.com - September 17 at 2:46 AM |
| The Boring Truth About Oil Prices
finance.yahoo.com - September 13 at 11:58 PM |
| Cormark Comments on Cenovus Energy Inc's FY2018 Earnings (CVE)
www.americanbankingnews.com - September 8 at 11:35 AM |
| Cormark Analysts Decrease Earnings Estimates for Cenovus Energy Inc (CVE)
www.americanbankingnews.com - September 7 at 7:30 AM |
| Cenovus to present at Barclays CEO Energy-Power Conference
finance.yahoo.com - September 6 at 10:48 PM |
 | Canadian Natural buys Cenovus Pelican Lake assets for C$975 million - Reuters
www.reuters.com - September 6 at 5:41 PM |
| Cenovus Energy, Inc. – Value Analysis (NYSE:CVE) : September 6, 2017
finance.yahoo.com - September 6 at 12:15 AM |
| Cenovus Energy Inc (CVE) Receives Average Recommendation of "Hold" from Brokerages
www.americanbankingnews.com - September 5 at 8:54 AM |
| Cenovus Energy Inc (CVE) Expected to Announce Earnings of $0.06 Per Share
www.americanbankingnews.com - September 3 at 10:26 PM |
| Cenovus Energy, Inc. breached its 50 day moving average in a Bullish Manner : CVE-US : September 1, 2017
finance.yahoo.com - September 1 at 11:02 PM |
| Should You Buy Cenovus Energy Inc. Today?
www.fool.ca - August 30 at 6:42 PM |
| Cenovus Energy Inc (CVE) Short Interest Down 11.1% in August
www.americanbankingnews.com - August 30 at 2:44 AM |
| Head-To-Head Contrast: Sprague Resources (SRLP) and Cenovus Energy (CVE)
www.americanbankingnews.com - August 20 at 8:26 AM |
| Brokerages Anticipate Cenovus Energy Inc (CVE) Will Announce Quarterly Sales of $4.10 Billion
www.americanbankingnews.com - August 18 at 9:20 AM |
| Cenovus 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 |
| $0.05 Earnings Per Share Expected for Cenovus Energy Inc (CVE) This Quarter
www.americanbankingnews.com - August 16 at 10:16 AM |
| ETFs with exposure to Cenovus Energy, Inc. : August 15, 2017
finance.yahoo.com - August 15 at 6:22 PM |
| Cenovus Energy Inc (NYSE:CVE) Given Consensus Recommendation of "Hold" by Analysts
www.americanbankingnews.com - August 11 at 5:00 PM |
 | Cenovus Energy: A Siegfried In The Making - Seeking Alpha
seekingalpha.com - August 9 at 10:50 PM |
 | Update: 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 |
| Cenovus Energy, Inc. :CVE-US: Earnings Analysis: Q2, 2017 By the Numbers : August 1, 2017
finance.yahoo.com - August 1 at 6:22 PM |
| Brokerages Expect Cenovus Energy Inc (NYSE:CVE) Will Announce Quarterly Sales of $4.07 Billion
www.americanbankingnews.com - July 31 at 9:33 AM |
| Cenovus Energy Inc (NYSE:CVE) Forecasted to Post Q2 2018 Earnings of $0.09 Per Share
www.americanbankingnews.com - July 31 at 8:56 AM |
| Cenovus Energy Inc (NYSE:CVE) Short Interest Update
www.americanbankingnews.com - July 30 at 7:03 AM |
| Cenovus delivers strong second quarter performance
finance.yahoo.com - July 29 at 12:39 AM |
| Canada's Cenovus Energy posts profit in 2nd qtr
finance.yahoo.com - July 29 at 12:39 AM |
| Investor Network: Cenovus Energy Inc. to Host Earnings Call
finance.yahoo.com - July 29 at 12:39 AM |
| Canada's Cenovus posts profit on Conoco deal; shares surge
finance.yahoo.com - July 29 at 12:39 AM |
Cenovus Energy (CVE) Chart for Friday, October, 20, 2017
