Cenovus Energy Company Profile (TSE:CVE)

About Cenovus Energy (TSE: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: Basic Materials
  • Industry: Major Integrated Oil & Gas
  • Sub-Industry: N/A
  • Symbol: TSE:CVE
  • CUSIP: N/A
  • Web: www.cenovus.com/
Capitalization:
  • Market Cap: C$14.97 billion
  • Outstanding Shares: 1,228,790,000
Average Prices:
  • 50 Day Moving Avg: C$11.38
  • 200 Day Moving Avg: C$11.48
  • 52 Week Range: C$8.89 - C$22.06
P/E:
  • Trailing P/E Ratio: 4.09
  • P/E Growth: 0.29
Sales & Book Value:
  • Annual Revenue: C$14.98 billion
  • Price / Sales: 1.00
  • Book Value: C$16.03 per share
  • Price / Book: 0.76
Dividend:
  • Dividend Yield: 2.0%
Profitability:
  • EBITDA: C$2.23 billion
  • Net Margins: 63.93%
  • Return on Equity: 65.90%
  • Return on Assets: 29.76%
Misc:
  • Average Volume: 3.72 million shs.
  • Short Ratio: 3.83
 

Frequently Asked Questions for Cenovus Energy (TSE:CVE)

What is Cenovus Energy's stock symbol?

Cenovus Energy trades on the Tornton Stock Exchange (TSX) 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 Thursday, July 27th. Shareholders of record on Friday, September 15th will be given a dividend of 0.05 per share on Friday, September 29th. This represents a $0.20 annualized dividend and a yield of 1.64%. The ex-dividend date of this dividend is Thursday, September 14th. View Cenovus Energy's Dividend History.

When will Cenovus Energy make its next earnings announcement?

Cenovus Energy is scheduled to release their next quarterly earnings announcement on Thursday, November, 2nd 2017. View Earnings Estimates for Cenovus Energy.

Where is Cenovus Energy's stock going? Where will Cenovus Energy's stock price be in 2017?

11 equities research analysts have issued 1-year target prices for Cenovus Energy's shares. Their forecasts range from C$9.00 to C$23.00. On average, they anticipate Cenovus Energy's share price to reach C$16.35 in the next year. View Analyst Ratings for Cenovus Energy.

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 and other Canadian stocks can be purchased through online brokerage accounts that support trading on the Toronto Stock Exchange (TSX). Brokers that permit trading on the TSX include Fidelity, Interactive Brokers, PennTrade and Charles Schwab.

What is Cenovus Energy's stock price today?

One share of Cenovus Energy stock can currently be purchased for approximately C$12.18.


MarketBeat Community Rating for Cenovus Energy (TSE CVE)
Community Ranking:  2.3 out of 5 (star star)
Outperform Votes:  269 (Vote Outperform)
Underperform Votes:  318 (Vote Underperform)
Total Votes:  587
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 (TSE:CVE) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 1 Sell Rating, 3 Hold Ratings, 7 Buy Ratings
Consensus Rating:Buy (Score: 2.55)
Consensus Price Target: C$16.35
Consensus Price Target History for Cenovus Energy (TSE:CVE)
Price Target History for Cenovus Energy (TSE:CVE)
Analysts' Ratings History for Cenovus Energy (TSE:CVE)
Show:
DateFirmActionRatingPrice TargetDetails
10/2/2017CIBCBoost Price TargetC$12.50 -> C$14.50View Rating Details
9/26/2017Barclays PLCBoost Price TargetOverweightC$15.00 -> C$17.00View Rating Details
9/26/2017Canaccord GenuityBoost Price TargetC$14.50 -> C$15.00View Rating Details
9/26/2017National Bank FinancialBoost Price TargetSector PerformC$11.00 -> C$12.50View Rating Details
9/14/2017J P Morgan Chase & CoBoost Price TargetC$11.00 -> C$11.50View Rating Details
8/21/2017CSFBLower Price TargetOutperformC$20.00 -> C$15.00View Rating Details
7/28/2017Raymond James Financial, Inc.Boost Price TargetUnderperformC$9.00View Rating Details
7/4/2017TD SecuritiesLower Price TargetBuyC$21.00 -> C$20.00View Rating Details
7/4/2017ScotiabankLower Price TargetOutperformC$21.00 -> C$20.00View Rating Details
7/4/2017Royal Bank Of CanadaReiterated RatingOutperformC$23.00View Rating Details
7/4/2017DesjardinsLower Price TargetC$24.00 -> C$20.00View Rating Details
7/4/2017BMO Capital MarketsLower Price TargetMarket PerformC$20.00 -> C$17.00View Rating Details
3/31/2017InstinetLower Price TargetC$20.00 -> C$18.00View Rating Details
2/17/2017AltaCorp CapitalUpgradeSector Perform -> OutperformView Rating Details
6/13/2016Morgan StanleyUpgradeEqual Weight -> OverweightC$20.00 -> C$26.00View Rating Details
4/20/2016Citigroup Inc.Boost Price TargetC$15.50 -> C$19.00View Rating Details
1/26/2016Goldman Sachs Group, Inc. (The)UpgradeNeutral -> BuyView Rating Details
1/21/2016NomuraUpgradeReduce -> NeutralC$17.00View Rating Details
12/14/2015FirstEnergy CapitalLower Price TargetOutperformC$23.00 -> C$22.00View Rating Details
(Data available from 10/17/2015 forward)

Earnings

Earnings History for Cenovus Energy (TSE:CVE)
Earnings by Quarter for Cenovus Energy (TSE:CVE)
Earnings History by Quarter for Cenovus Energy (TSE CVE)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
11/2/2017C$0.06N/AView Earnings Details
7/30/2014C$0.47C$0.80C$4.91 billionC$5.42 billionViewN/AView Earnings Details
4/30/2014C$0.48C$0.31C$5.19 billionC$5.01 billionViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Cenovus Energy (TSE:CVE)
2017 EPS Consensus Estimate: $0.12
2018 EPS Consensus Estimate: $0.28
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20171($0.12)($0.12)($0.12)
Q2 20171$0.11$0.11$0.11
Q3 20171$0.05$0.05$0.05
Q4 20171$0.08$0.08$0.08
Q1 20181$0.06$0.06$0.06
Q2 20181$0.06$0.06$0.06
Q3 20181$0.08$0.08$0.08
Q4 20181$0.08$0.08$0.08
(Data provided by Zacks Investment Research)

Dividends

Dividend History by Quarter for Cenovus Energy (TSE CVE)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
7/27/2017Quarterly$0.059/14/20179/15/20179/29/2017
4/26/2017quarterly$0.056/15/20176/30/2017
7/28/2016quarterly$0.051.06%9/13/20169/15/20169/30/2016
4/27/2016quarterly$0.051.06%6/13/20166/15/20166/30/2016
7/30/2015quarterly$0.163.58%9/11/20159/15/20159/30/2015
2/12/2015quarterly$0.274.93%3/11/20153/13/20153/31/2015
7/30/2014quarterly$0.273.13%9/11/20149/15/20149/30/2014
6/11/2014Quarterly$0.273.36%6/11/20146/30/20146/30/2014
3/12/2014Quarterly$0.273.69%3/12/20143/31/20143/31/2014
12/11/2013Quarterly$0.243.18%12/11/201312/31/201312/31/2013
4/24/2013quarterly$0.246/14/20136/28/2013
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading and Institutional Ownership History for Cenovus Energy (TSE:CVE)
Insider Trades by Quarter for Cenovus Energy (TSE:CVE)
Insider Trades by Quarter for Cenovus Energy (TSE:CVE)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
7/6/2017Ivor Melvin RusteInsiderBuy10,000C$9.16C$91,600.00
6/6/2017Richard Joseph MarcoglieseDirectorBuy8,800C$8.56C$75,328.00
5/16/2017Ian William DelaneyDirectorBuy25,000C$13.44C$336,000.00
5/15/2017Ian William DelaneyDirectorBuy25,000C$13.44C$336,000.00
5/11/2017Ian William DelaneyDirectorBuy25,000C$13.30C$332,500.00
5/8/2017Brian Charles FergusonDirectorBuy4,600C$13.06C$60,076.00
5/4/2017Ian William DelaneyDirectorBuy25,000C$12.96C$324,000.00
5/3/2017Harbir Singh ChhinaInsiderBuy20,000C$13.33C$266,600.00
5/2/2017Ian William DelaneyDirectorBuy25,000C$13.48C$337,000.00
5/1/2017Harbir Singh ChhinaInsiderBuy20,000C$13.55C$271,000.00
5/1/2017Ian William DelaneyDirectorBuy25,000C$13.56C$339,000.00
4/28/2017Judy FairburnInsiderBuy3,600C$13.86C$49,896.00
4/10/2017Brian Charles FergusonDirectorBuy3,600C$14.80C$53,280.00
4/5/2017Alan Craig ReidInsiderBuy9,800C$15.06C$147,588.00
4/3/2017Richard Joseph MarcoglieseDirectorBuy5,000C$11.20C$56,000.00
1/14/2016Valerie Anne Aberneth NielsenDirectorSell34,217C$16.25C$556,026.25
11/13/2015Robert William PeaseInsiderBuy1,515C$19.76C$29,934.89
8/28/2015Robert William PeaseInsiderBuy2,675C$18.78C$50,225.80
5/29/2015Robert William PeaseInsiderBuy2,435C$20.46C$49,807.93
5/5/2015Ivor Melvin RusteInsiderBuy2,391C$23.06C$55,136.46
4/7/2015Robert William PeaseInsiderBuy1,022C$22.07C$22,555.54
3/16/2015Neil William RobertsonInsiderBuy2,000C$21.32C$42,640.00
(Data available from 1/1/2013 forward)

Headlines

Headline Trends for Cenovus Energy (TSE:CVE)
Latest Headlines for Cenovus Energy (TSE:CVE)
Source:
DateHeadline
americanbankingnews.com logoCenovus Energy Inc (CVE) Receives Consensus Recommendation of "Buy" from Brokerages
www.americanbankingnews.com - October 15 at 9:00 AM
nasdaq.com logoWhy You Shouldn't Bet Against Cenovus Energy (CVE) Stock - Nasdaq
www.nasdaq.com - October 12 at 6:29 PM
finance.yahoo.com logoWhy You Shouldn't Bet Against Cenovus Energy (CVE) Stock
finance.yahoo.com - October 12 at 6:28 PM
fool.ca logoCenovus Energy Inc. Is Severely Undervalued
www.fool.ca - October 6 at 5:54 PM
nasdaq.com logoImplied FRAK Analyst Target Price: $18 - Nasdaq
www.nasdaq.com - October 5 at 10:45 AM
nasdaq.com logoCenovus Ties Up With Nozomi Networks to Boost Cyber Security - Nasdaq
www.nasdaq.com - October 4 at 11:27 AM
finance.yahoo.com logoCenovus Ties Up With Nozomi Networks to Boost Cyber Security
finance.yahoo.com - October 4 at 11:27 AM
fool.ca logoCenovus Energy Inc.: Is This Rally Sustainable? - The Motley Fool Canada
www.fool.ca - October 3 at 6:56 AM
americanbankingnews.com logoCIBC Increases Cenovus Energy Inc (CVE) Price Target to C$14.50
www.americanbankingnews.com - October 2 at 9:32 PM
seekingalpha.com logoCenovus Energy files for $7.5B mixed shelf offering - Seeking Alpha
seekingalpha.com - September 30 at 5:56 AM
seekingalpha.com logoCenovus Energy (CVE) Updates On Sale Of Suffield Oil & Gas Assets To International Petroleum Corp. - Slideshow
seekingalpha.com - September 27 at 6:53 PM
americanbankingnews.com logoBarclays PLC Boosts Cenovus Energy Inc (CVE) Price Target to C$17.00
www.americanbankingnews.com - September 26 at 3:10 PM
americanbankingnews.com logoCenovus Energy Inc (CVE) Given New C$12.50 Price Target at National Bank Financial
www.americanbankingnews.com - September 26 at 3:10 PM
americanbankingnews.com logoCanaccord Genuity Boosts Cenovus Energy Inc (CVE) Price Target to C$15.00
www.americanbankingnews.com - September 26 at 3:10 PM
rttnews.com logoCenovus To Sell Suffield Assets To International Petroleum For C$512 Mln In Cash
www.rttnews.com - September 25 at 4:09 PM
finance.yahoo.com logoCenovus reaches agreement to sell Suffield assets for more than half a billion dollars
finance.yahoo.com - September 25 at 12:08 PM
americanbankingnews.com logoCenovus Energy Inc (CVE) Given Consensus Recommendation of "Buy" by Brokerages
www.americanbankingnews.com - September 20 at 9:24 AM
finance.yahoo.com logoAnalyst Ratings for Cenovus: No. 5 with the Most ‘Buy’Ratings
finance.yahoo.com - September 19 at 5:39 PM
finance.yahoo.com logoHow Are Integrated Energy Stocks Performing This Week?
finance.yahoo.com - September 18 at 5:37 PM
fool.ca logoCenovus Energy Inc.: Has the Bottom Arrived? - The Motley Fool Canada
www.fool.ca - September 15 at 6:04 PM
americanbankingnews.com logoJ P Morgan Chase & Co Increases Cenovus Energy Inc (CVE) Price Target to C$11.50
www.americanbankingnews.com - September 14 at 8:32 PM
nasdaq.com logoCenovus Energy Inc (CVE) Ex-Dividend Date Scheduled for September 14, 2017 - Nasdaq
www.nasdaq.com - September 13 at 6:56 PM
nasdaq.com logoOil & Gas Stock Roundup: BP Launches US Pipeline IPO, Shell Enters Mexican Fuel Market - Nasdaq
www.nasdaq.com - September 12 at 6:23 PM
nasdaq.com logoCenovus recognized for leadership in corporate responsibility - Nasdaq
www.nasdaq.com - September 12 at 6:23 PM
finance.yahoo.com logoCenovus recognized for leadership in corporate responsibility
finance.yahoo.com - September 12 at 6:23 PM
americanbankingnews.com logoResearch Analysts Set Expectations for Cenovus Energy Inc's FY2018 Earnings (CVE)
www.americanbankingnews.com - September 8 at 11:34 AM
seekingalpha.com logoCenovus Energy (CVE) Presents At Barclays CEO Energy-Power Conference - Slideshow
seekingalpha.com - September 7 at 5:44 PM
americanbankingnews.com logoQ3 2017 EPS Estimates for Cenovus Energy Inc Reduced by Cormark (CVE)
www.americanbankingnews.com - September 7 at 6:57 AM
nasdaq.com logoCenovus Energy To Sell Pelican Lake Heavy Oil Operations In $975 Mln Deal - Nasdaq
www.nasdaq.com - September 7 at 3:57 AM
msn.com logoWhy Cenovus Energy Inc. Was up Over 3% on Tuesday
www.msn.com - September 6 at 5:41 PM
finance.yahoo.com logoRanking Integrated Energy by Dividend Yield: The Top 10
finance.yahoo.com - September 6 at 5:41 PM
finance.yahoo.com logoBehind Cenovus’s Dividend Yield: Last Place in the Top 10
finance.yahoo.com - September 6 at 5:41 PM
americanbankingnews.com logoCenovus Energy Inc (CVE) Given New C$14.50 Price Target at Canaccord Genuity
www.americanbankingnews.com - September 6 at 2:08 PM
americanbankingnews.com logoCenovus Energy Inc (CVE) PT Lowered to C$11.00 at National Bank Financial
www.americanbankingnews.com - September 6 at 2:08 PM
finance.yahoo.com logoCenovus Energy, Inc. – Value Analysis (TORONTO:CVE) : September 6, 2017
finance.yahoo.com - September 6 at 12:16 AM
rttnews.com logoCenovus Energy To Sell Pelican Lake Heavy Oil Operations In $975 Mln Deal
www.rttnews.com - September 5 at 7:13 PM
reuters.com logoCenovus Energy to sell Pelican Lake assets for C$975 million
www.reuters.com - September 5 at 7:13 PM
finance.yahoo.com logoCenovus Energy, Inc. breached its 50 day moving average in a Bullish Manner : CVE-CA : September 1, 2017
finance.yahoo.com - September 1 at 5:58 PM
finance.yahoo.com logoCanadian Natural Is Said to Be Near a Deal for Cenovus's Pelican Lake
finance.yahoo.com - September 1 at 5:58 PM
americanbankingnews.com logoCenovus Energy Inc (CVE) Given Average Rating of "Buy" by Brokerages
www.americanbankingnews.com - August 26 at 11:04 AM
seekingalpha.com logoAn Unexpiring Call Option On $100 Oil - Seeking Alpha
seekingalpha.com - August 22 at 6:14 PM
americanbankingnews.com logoCSFB Trims Cenovus Energy Inc (CVE) Target Price to C$15.00
www.americanbankingnews.com - August 21 at 2:16 PM
finance.yahoo.com logoCANADA STOCKS-TSX barely higher as bank gains offset slips in miners
finance.yahoo.com - August 17 at 6:58 PM
finance.yahoo.com logoETFs with exposure to Cenovus Energy, Inc. : August 16, 2017
finance.yahoo.com - August 16 at 6:06 PM
fool.ca logoWith a Pop in Earnings, Cenovus Energy Inc. Could Be a Buy
www.fool.ca - August 15 at 6:22 PM
finance.yahoo.com logoEdited Transcript of CVE.TO earnings conference call or presentation 27-Jul-17 3:00pm GMT
finance.yahoo.com - August 12 at 10:08 PM
seekingalpha.com logoCenovus Energy Wallops The Second Quarter - Seeking Alpha
seekingalpha.com - August 8 at 5:25 PM
finance.yahoo.com logoCenovus Energy, Inc. breached its 50 day moving average in a Bullish Manner : CVE-CA : August 8, 2017
finance.yahoo.com - August 8 at 5:25 PM
nasdaq.com logoInteresting CVE Put And Call Options For January 2019 - Nasdaq
www.nasdaq.com - August 7 at 11:02 PM
fool.ca logoCenovus Energy Inc. vs. Suncor Energy Inc.: Which Is Better? - The Motley Fool Canada
www.fool.ca - August 3 at 7:03 PM

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Chart

Cenovus Energy (CVE) Chart for Tuesday, October, 17, 2017

This page was last updated on 10/17/2017 by MarketBeat.com Staff

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