TSE:CVE

Cenovus Energy Stock Forecast, Price & News

C$10.17
+0.08 (+0.79 %)
(As of 07/28/2021 12:00 AM ET)
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Today's Range
C$9.94
C$10.22
50-Day Range
C$9.34
C$12.68
52-Week Range
C$4.15
C$12.86
Volume4.37 million shs
Average Volume6.57 million shs
Market CapitalizationC$20.52 billion
P/E RatioN/A
Dividend Yield0.35%
BetaN/A
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Cenovus Energy logo

About Cenovus Energy

Cenovus Energy Inc., together with its subsidiaries, develops, produces, and markets crude oil, natural gas liquids, and natural gas in Canada, the United States and the Asia Pacific region. The company operates through Oil Sands, Conventional, and Refining and Marketing segments. The Oil Sands segment develops and produces bitumen in northeast Alberta. Its bitumen assets include Foster Creek, Christina Lake, and Narrows Lake, as well as other projects in the early stages of development. The Conventional segment holds assets primarily located in Elmworth-Wapiti, Kaybob-Edson, and Clearwater operating areas of British Columbia and Alberta, as well as various interests in natural gas processing facilities. The Refining and Marketing segment transports and sells crude oil, natural gas, and NGLs. This segment owns a 50% ownership in Wood River and Borger refineries located in the United States; and owns and operates a crude-by-rail terminal in Alberta. Cenovus Energy Inc. was founded in 2009 and is headquartered in Calgary, Canada.

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MarketRank

Overall MarketRank

1.95 out of 5 stars

Analyst Opinion: 4.4Community Rank: 3.0Dividend Strength: 0.0Insider Behavior: 1.7Valuation: 0.6 5 -4 -3 -2 -1 -
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Cenovus Energy (TSE:CVE) Frequently Asked Questions

Is Cenovus Energy a buy right now?

9 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Cenovus Energy in the last year. There are currently 1 hold rating and 8 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.

What stocks does MarketBeat like better than Cenovus Energy?

Wall Street analysts have given Cenovus Energy a "Buy" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Cenovus Energy wasn't one of them. MarketBeat thinks these five companies may be even better buys.
View MarketBeat's top stock picks here.

When is Cenovus Energy's next earnings date?

Cenovus Energy is scheduled to release its next quarterly earnings announcement on Thursday, July 29th 2021.
View our earnings forecast for Cenovus Energy
.

How were Cenovus Energy's earnings last quarter?

Cenovus Energy Inc. (TSE:CVE) released its quarterly earnings results on Friday, May, 7th. The company reported $0.10 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.15 by $0.05. The company earned $9.52 billion during the quarter.
View Cenovus Energy's earnings history
.

How has Cenovus Energy's stock been impacted by Coronavirus (COVID-19)?

Cenovus Energy's stock was trading at C$4.16 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, CVE stock has increased by 144.5% and is now trading at C$10.17.
View which stocks have been most impacted by COVID-19
.

How often does Cenovus Energy pay dividends? What is the dividend yield for Cenovus Energy?

Cenovus Energy announced a quarterly dividend on Friday, May 7th. Shareholders of record on Tuesday, June 15th will be paid a dividend of 0.018 per share on Wednesday, June 30th. This represents a $0.07 dividend on an annualized basis and a dividend yield of 0.71%. The ex-dividend date is Monday, June 14th.
View Cenovus Energy's dividend history
.

Is Cenovus Energy a good dividend stock?

Cenovus Energy pays an annual dividend of C$0.02 per share and currently has a dividend yield of 0.35%.
View Cenovus Energy's dividend history.

What price target have analysts set for CVE?

9 brokers have issued 1 year target prices for Cenovus Energy's stock. Their forecasts range from C$6.00 to C$20.00. On average, they expect Cenovus Energy's share price to reach C$14.54 in the next twelve months. This suggests a possible upside of 43.0% from the stock's current price.
View analysts' price targets for Cenovus Energy
or view top-rated stocks among Wall Street analysts.

Who are Cenovus Energy's key executives?

Cenovus Energy's management team includes the following people:
  • Mr. Alexander J. Pourbaix, CEO, Pres & Director (Age 55, Pay $2.36M)
  • Mr. Jonathan M. McKenzie, Exec. VP & COO (Age 53, Pay $1.11M)
  • Mr. Alan Craig Reid, Advisor
  • Mr. Joseph Drew Zieglgansberger, Exec. VP of Upstream – Conventional & Integration
  • Mr. Jeffrey Ryan Hart, Exec. VP & CFO
  • Ms. Sherry A. Wendt, Director of Investor Relations
  • Mr. Gary Frederick Molnar, Sr. VP of Legal, Gen. Counsel & Corp. Sec.
  • Mr. Kam S. Sandhar CA, Exec. VP of Strategy & Corp. Devel.
  • Ms. Rhona Delfrari, Chief Sustainability Officer & Sr. VP of Stakeholder Engagement
  • Ms. Sarah J. Walters, Exec. Vice-Pres of Corp. Services

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 Intact Financial (IFC), Constellation Software (CSU), AutoCanada (ACQ), Alimentation Couche-Tard (ATD.B), Vermilion Energy (VET), Air Canada (AC), AbbVie (ABBV), The Toronto-Dominion Bank (TD), Intelsat (I) and Bank of America (BAC).

What is Cenovus Energy's stock symbol?

Cenovus Energy trades on the Toronto Stock Exchange (TSX) under the ticker symbol "CVE."

How do I buy shares of Cenovus Energy?

Shares of CVE and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.
Compare Top Brokerages Here.

What is Cenovus Energy's stock price today?

One share of CVE stock can currently be purchased for approximately C$10.17.

How much money does Cenovus Energy make?

Cenovus Energy has a market capitalization of C$20.52 billion and generates C$18.42 billion in revenue each year.

How many employees does Cenovus Energy have?

Cenovus Energy employs 2,413 workers across the globe.

What is Cenovus Energy's official website?

The official website for Cenovus Energy is www.cenovus.com.

Where are Cenovus Energy's headquarters?

Cenovus Energy is headquartered at 500 Centre Street SE, Stn M PO Box 766, CALGARY, AB T2P 0M5, Canada.

How can I contact Cenovus Energy?

Cenovus Energy's mailing address is 500 Centre Street SE, Stn M PO Box 766, CALGARY, AB T2P 0M5, Canada. The company can be reached via phone at +1-403-7662000.


This page was last updated on 7/29/2021 by MarketBeat.com Staff
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