Cenovus Energy (CVE) Stock Price, News & Analysis

Company Overview

Cenovus Energy is an integrated oil company, focused on creating value through the development of its oil sands assets. The company also engages in production of conventional crude oil, natural gas liquids, and natural gas in Alberta, Canada, with refining operations in the U.S. Net upstream production averaged 472 thousand barrels of oil equivalent per day in 2020, and the company estimates that it holds 6.7 billion boe of proven and probable reserves.

Key Stats

• Today's Range: C$19.08 to C$19.39
• 50-Day Range: C$16.11 to C$20.27
• 52-Week Range: C$14.48 to C$28.39
• Volume: 5.14 million shs
• Average Volume: 6.78 million shs
• Market Capitalization: C$34.97 billion
• P/E Ratio: 9.46
• Dividend Yield: 3.75%
• Price Target: C$28.15
• Consensus Rating: Moderate Buy

Cenovus Energy Stock Analysis - MarketRank™

Cenovus Energy scored higher than 92% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.4 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

Cenovus Energy has received a consensus rating of Moderate Buy. The company's average rating score is 2.80, and is based on 6 buy ratings, 3 hold ratings, and no sell ratings.

Amount of Analyst Coverage

Cenovus Energy has only been the subject of 4 research reports in the past 90 days.

Earnings and Valuation

• Score: 2.5 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of Cenovus Energy is 9.46, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 25.53.

Price to Earnings Ratio vs. Sector

The P/E ratio of Cenovus Energy is 9.46, which means that it is trading at a less expensive P/E ratio than the Energy sector average P/E ratio of about 56.89.

Price to Earnings Growth Ratio

Cenovus Energy has a PEG Ratio of 0.09. PEG Ratios below 1 indicate that a company could be undervalued.

Price to Book Value per Share Ratio

Cenovus Energy has a P/B Ratio of 1.20. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: N/A
• Short Interest Level: N/A

Short Interest

There is no current short interest data available for CVE.

Dividend

• Score: 2.5 / 5
• Dividend Strength: Moderate

Dividend Leadership

Cenovus Energy is a leading dividend payer. It pays a dividend yield of 3.74%, putting its dividend yield in the top 25% of dividend-paying stocks.

Dividend Growth

Cenovus Energy does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of Cenovus Energy is 35.49%. This payout ratio is at a healthy, sustainable level, below 75%.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Short Interest

There is no current short interest data available for CVE.

News and Social Media

• Score: 3.0 / 5
• News Sentiment: N/A

News Sentiment

Cenovus Energy has a news sentiment score of 1.36. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.72 average news sentiment score of Energy companies.

News Coverage This Week

MarketBeat has tracked 1 news article for Cenovus Energy this week, compared to 3 articles on an average week.

Search Interest

Only 17 people have searched for CVE on MarketBeat in the last 30 days. This is a decrease of -32% compared to the previous 30 days.

MarketBeat Follows

4 people have added Cenovus Energy to their MarketBeat watchlist in the last 30 days. This is an increase of 100% compared to the previous 30 days.

Company Ownership

• Score: 4.2 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, Cenovus Energy insiders have sold 8,196.04% more of their company's stock than they have bought. Specifically, they have bought C$1,041,948.00 in company stock and sold C$86,440,451.00 in company stock.

Percentage Held by Insiders

32.03% of the stock of Cenovus Energy is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

54.22% of the stock of Cenovus Energy is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

CVE Stock Analysis - Frequently Asked Questions

How have CVE shares performed this year?

Cenovus Energy's stock was trading at C$21.79 on January 1st, 2025. Since then, CVE shares have decreased by 11.9% and is now trading at C$19.20.

How were Cenovus Energy's earnings last quarter?

Cenovus Energy Inc. (TSE:CVE) announced its quarterly earnings data on Thursday, October, 31st. The company reported $0.42 earnings per share for the quarter, missing the consensus estimate of $0.46 by $0.04. Cenovus Energy had a trailing twelve-month return on equity of 12.67% and a net margin of 6.72%.

How do I buy shares of Cenovus Energy?

Shares of CVE stock 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.

What other stocks do shareholders of Cenovus Energy own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Cenovus Energy investors own include Constellation Software (CSU), Intact Financial (IFC), Whitecap Resources (WCP), Enbridge (ENB), Suncor Energy (SU), Toronto-Dominion Bank (TD) and Canadian Natural Resources (CNQ).

Company Calendar

• Last Earnings: 10/31/2024
• Ex-Dividend for 6/30 Dividend: 6/13/2025
• Record date for 6/30 Dividend: 6/30/2025
• Dividend Payable: 6/30/2025
• Today: 7/03/2025

Industry, Sector and Symbol

• Stock Exchange: TSE
• Sector: Energy
• Industry: Oil & Gas Integrated
• Sub-Industry: Petroleum And Natural Gas
• Current Symbol: TSE:CVE
• CIK: N/A
• Web: www.cenovus.com
• Phone: +1-403-7662000
• Fax: N/A
• Employees: 6,000
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: C$28.15
• High Stock Price Target: C$34.00
• Low Stock Price Target: C$22.50
• Potential Upside/Downside: +46.6%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.80
• Research Coverage: 10 Analysts

Profitability

• EPS (Trailing Twelve Months): C$2.03
• Trailing P/E Ratio: 9.46
• Forward P/E Ratio: 8.49
• P/E Growth: 0.09
• Net Income: C$3.69 billion
• Net Margins: 6.72%
• Pretax Margin: N/A
• Return on Equity: 12.67%
• Return on Assets: 7.58%

Debt

• Debt-to-Equity Ratio: 33.59
• Current Ratio: 1.59
• Quick Ratio: 1.00

Sales & Book Value

• Annual Sales: C$54.87 billion
• Price / Sales: 0.64
• Cash Flow: C$1.40 per share
• Price / Cash Flow: 13.71
• Book Value: C$16.02 per share
• Price / Book: 1.20

Miscellaneous

• Outstanding Shares: 1,821,604,110
• Free Float: N/A
• Market Cap: C$34.97 billion
• Optionable: Not Optionable
• Beta: 2.63