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

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

Cenovus Energy announced a quarterly dividend on Thursday, December 12th. Stockholders of record on Tuesday, December 31st will be given a dividend of 0.0625 per share on Tuesday, December 31st. This represents a $0.25 annualized dividend and a dividend yield of 2.17%. The ex-dividend date of this dividend is Thursday, December 12th. This is an increase from Cenovus Energy's previous quarterly dividend of $0.05. View Cenovus Energy's Dividend History.

Cenovus Energy Inc (TSE:CVE) released its quarterly earnings data on Thursday, October, 31st. The company reported $0.23 EPS for the quarter, topping the Thomson Reuters' consensus estimate of $0.21 by $0.02. The firm earned $5.07 billion during the quarter, compared to the consensus estimate of $5.62 billion. View Cenovus Energy's Earnings History.

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

10 equities research analysts have issued 12 month price targets for Cenovus Energy's stock. Their forecasts range from C$12.00 to C$18.00. On average, they expect Cenovus Energy's share price to reach C$14.75 in the next twelve months. This suggests a possible upside of 27.9% from the stock's current price. View Analyst Price Targets for Cenovus Energy.

10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Cenovus Energy in the last year. There are currently 1 sell rating, 1 hold rating and 8 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Cenovus Energy.

Media coverage about CVE stock has been trending extremely negative this week, according to InfoTrie Sentiment. InfoTrie identifies positive and negative press coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Cenovus Energy earned a media sentiment score of -4.5 on InfoTrie's scale. They also assigned news stories about the 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 immediate future. View News Stories for Cenovus Energy.

Some companies that are related to Cenovus Energy include Imperial Oil (IMO), Imperial Oil (IMO), Husky Energy (HSE), Quadrise Fuels International (QFI), XXL Energy (XL), Georox Resources (GXR), Relentless Resources (RRL) and Wolf Petroleum (WOF).

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), AbbVie (ABBV), Intelsat (I), A10 Networks (ATEN), Bank of America (BAC) and Air Canada (AC).

Shares of CVE 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.

One share of CVE stock can currently be purchased for approximately C$11.53.

Cenovus Energy has a market capitalization of C$14.17 billion and generates C$19.89 billion in revenue each year. Cenovus Energy employs 2,264 workers across the globe.View Additional Information About Cenovus Energy.

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

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.