About Cenovus Energy (TSE: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:
- Industry: Major Integrated Oil & Gas
- Sub-Industry: N/A
- Sector: Basic Materials
- Symbol: TSE:CVE
- CUSIP: N/A
- Web: www.cenovus.com
- Annual Dividend: C$0.20
- Dividend Yield: 1.5%
- Trailing EPS: C$2.86
- Net Margins: 63.93%
- Return on Equity: 65.90%
- Return on Assets: 29.76%
- Outstanding Shares: 1,228,790,000
Frequently Asked Questions for Cenovus Energy (TSE:CVE)
What is Cenovus Energy's stock symbol?
Cenovus Energy trades on the Toronto 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 announced a quarterly dividend on Thursday, November 2nd. Shareholders of record on Friday, December 15th will be given a dividend of 0.05 per share on Friday, December 29th. This represents a $0.20 dividend on an annualized basis and a yield of 1.54%. The ex-dividend date of this dividend is Thursday, December 14th. View Cenovus Energy's Dividend 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?
11 brokers have issued 12-month price targets 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$15.50 in the next twelve months. View Analyst Ratings for Cenovus Energy.
Who are some of Cenovus Energy's key competitors?
Some companies that are related to Cenovus Energy include JSC MMC Norilsk Nickel (NILSY), Anglo Amer Adr (NGLOY), Woodside Petroleum Ltd (WPL), ArcelorMittal (MT), Akzo Nobel NV (AKZOY), POSCO (PKX), Pembina Pipeline (PPL), Nippon Steel & Sumitomo Metal Corp. (NSSMY), Barrick Gold Corp (ABX), Potash Co. of Saskatchewan (POT), Franco Nevada Corp (FNV), Lafarge SA (LFRGY), Agrium (AGU), HeidelbergCement AG (HEI), Newcrest Mining Limited (NCM), Asahi Kasei Corp. (AHKSY), ThyssenKrupp AG (TYEKF) and ThyssenKrupp AG Sponsored ADR (TKAMY).
Who are Cenovus Energy's key executives?
Cenovus Energy's management team includes the folowing people:
- Patrick D. Daniel, Chairman of the Board (Age 70)
- Brian C. Ferguson, President, Chief Executive Officer, Non-Independent Director (Age 60)
- Ivor M. Ruste, Chief Financial Officer, Executive Vice President (Age 60)
- 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$12.98.
How big of a company is Cenovus Energy?
Cenovus Energy has a market capitalization of C$15.79 billion.
How can I contact Cenovus Energy?
Cenovus Energy's mailing address is 2600-500 Centre Street S.E., Stn M PO Box 766, CALGARY, AB T2P 0M5, Canada. The company can be reached via phone at +1-403-7662000.
MarketBeat Community Rating for Cenovus Energy (TSE 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.
Analysts' Consensus Rating for Cenovus Energy (TSE:CVE) (How are Consensus Ratings Calculated?)
MarketBeat calculates consensus analyst ratings for company stocks 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). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst 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: ||1 Sell Rating, 6 Hold Ratings, 4 Buy Ratings, 0 Strong Buy Ratings|
|Consensus Rating:||Hold (Score: 2.27)|
|Consensus Price Target: ||C$15.50|
Consensus Price Target History for Cenovus Energy (TSE:CVE)
Analysts' Ratings History for Cenovus Energy (TSE:CVE)
(Data available from 11/18/2015 forward)
|11/15/2017||Scotiabank||Downgrade||Outperform -> Sector Perform||C$14.00|
|11/14/2017||CIBC||Boost Price Target||C$14.50 -> C$16.00|
|11/9/2017||AltaCorp Capital||Downgrade||Outperform -> Sector Perform|
|11/3/2017||TD Securities||Boost Price Target||Hold||C$12.50 -> C$13.50|
|11/3/2017||BMO Capital Markets||Boost Price Target||C$12.00 -> C$14.00|
|11/3/2017||J P Morgan Chase & Co||Boost Price Target||C$12.50 -> C$14.00|
|10/20/2017||National Bank Financial||Boost Price Target||Sector Perform||C$12.50 -> C$13.00|
|9/26/2017||Barclays PLC||Boost Price Target||Overweight||C$15.00 -> C$17.00|
|9/26/2017||Canaccord Genuity||Boost Price Target||C$14.50 -> C$15.00|
|8/21/2017||CSFB||Lower Price Target||Outperform||C$20.00 -> C$15.00|
|7/28/2017||Raymond James Financial, Inc.||Boost Price Target||Underperform||C$9.00|
|7/4/2017||Royal Bank Of Canada||Reiterated Rating||Outperform||C$23.00|
|7/4/2017||Desjardins||Lower Price Target||C$24.00 -> C$20.00|
|3/31/2017||Instinet||Lower Price Target||C$20.00 -> C$18.00|
|6/13/2016||Morgan Stanley||Upgrade||Equal Weight -> Overweight||C$20.00 -> C$26.00|
|4/20/2016||Citigroup Inc.||Boost Price Target||C$15.50 -> C$19.00|
|1/26/2016||The Goldman Sachs Group, Inc.||Upgrade||Neutral -> Buy|
|1/21/2016||Nomura||Upgrade||Reduce -> Neutral||C$17.00|
|12/14/2015||FirstEnergy Capital||Lower Price Target||Outperform||C$23.00 -> C$22.00|
Earnings History and Estimates Chart for Cenovus Energy (TSE:CVE)
Earnings History by Quarter for Cenovus Energy (TSE CVE)
(Data available from 1/1/2011 forward)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|2/15/2018|| || || || || || || || |
|7/30/2014||C$0.47||C$0.80||C$4.91 billion||C$5.42 billion||View||N/A|
|4/30/2014||C$0.48||C$0.31||C$5.19 billion||C$5.01 billion||View||N/A|
Earnings Estimates for Cenovus Energy (TSE:CVE)
2017 EPS Consensus Estimate: $0.12
2018 EPS Consensus Estimate: $0.28
(Data provided by Zacks Investment Research)
|Quarter||Number of Estimates||Low Estimate||High Estimate||Average Estimate|
Current Dividend Information for Cenovus Energy (TSE:CVE)
|Payout Ratio:||6.99% (Trailing 12 Months of Earnings) |
Dividend History by Quarter for Cenovus Energy (TSE CVE)
(Data available from 1/1/2013 forward)
|Announced||Period||Amount||Yield||Ex-Dividend Date||Record Date||Payable Date|
Insider Trading and Institutional Ownership History for Cenovus Energy (TSE CVE)
Insider Trades by Quarter for Cenovus Energy (TSE CVE)
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Details|
|11/8/2017||Rhonda Ivy Zygocki||Director||Buy||7,200||C$14.48||C$104,256.00|
|11/6/2017||Patrick Darold Daniel||Director||Buy||35,000||C$13.97||C$488,950.00|
|7/6/2017||Ivor Melvin Ruste||Insider||Buy||10,000||C$9.16||C$91,600.00|
|6/6/2017||Richard Joseph Marcogliese||Director||Buy||8,800||C$8.56||C$75,328.00|
|5/16/2017||Ian William Delaney||Director||Buy||25,000||C$13.44||C$336,000.00|
|5/15/2017||Ian William Delaney||Director||Buy||25,000||C$13.44||C$336,000.00|
|5/11/2017||Ian William Delaney||Director||Buy||25,000||C$13.30||C$332,500.00|
|5/8/2017||Brian Charles Ferguson||Director||Buy||4,600||C$13.06||C$60,076.00|
|5/4/2017||Ian William Delaney||Director||Buy||25,000||C$12.96||C$324,000.00|
|5/3/2017||Harbir Singh Chhina||Insider||Buy||20,000||C$13.33||C$266,600.00|
|5/2/2017||Ian William Delaney||Director||Buy||25,000||C$13.48||C$337,000.00|
|5/1/2017||Harbir Singh Chhina||Insider||Buy||20,000||C$13.55||C$271,000.00|
|5/1/2017||Ian William Delaney||Director||Buy||25,000||C$13.56||C$339,000.00|
|4/10/2017||Brian Charles Ferguson||Director||Buy||3,600||C$14.80||C$53,280.00|
|4/5/2017||Alan Craig Reid||Insider||Buy||9,800||C$15.06||C$147,588.00|
|4/3/2017||Richard Joseph Marcogliese||Director||Buy||5,000||C$11.20||C$56,000.00|
|1/14/2016||Valerie Anne Aberneth Nielsen||Director||Sell||34,217||C$16.25||C$556,026.25|
|11/13/2015||Robert William Pease||Insider||Buy||1,515||C$19.76||C$29,934.89|
|8/28/2015||Robert William Pease||Insider||Buy||2,675||C$18.78||C$50,225.80|
|5/29/2015||Robert William Pease||Insider||Buy||2,435||C$20.46||C$49,807.93|
|5/5/2015||Ivor Melvin Ruste||Insider||Buy||2,391||C$23.06||C$55,136.46|
|4/7/2015||Robert William Pease||Insider||Buy||1,022||C$22.07||C$22,555.54|
|3/16/2015||Neil William Robertson||Insider||Buy||2,000||C$21.32||C$42,640.00|
Headline Trends for Cenovus Energy (TSE:CVE)
Latest Headlines for Cenovus Energy (TSE CVE)
Financials are not available for this stock.
Cenovus Energy (TSE CVE) Chart for Saturday, November, 18, 2017