Cenovus Energy Inc (CVE)

NYSE
Currency in USD
15.280
-0.120(-0.78%)
Closed
After Hours
15.240-0.040(-0.262%)
CVE Scorecard
Full Analysis
Has raised its dividend for 4 consecutive years
Fair Value
Day's Range
15.23015.700
52 wk Range
14.20021.900
Key Statistics
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Prev. Close
15.4
Open
15.45
Day's Range
15.23-15.7
52 wk Range
14.2-21.9
Volume
12.56M
Average Volume (3m)
7.71M
1-Year Change
-2.11%
Book Value / Share
11.7
Fair Value
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Fair Value Upside
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Company’s Health
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Fair Value
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Cenovus Energy Inc Company Profile

Cenovus Energy Inc., together with its subsidiaries, develops, produces, refines, transports, and markets crude oil, natural gas, and refined petroleum products in Canada and internationally. The company operates through Oil Sands, Conventional, Offshore, Canadian Refining, and U.S. Refining segments. The Oil Sands segment develops and produces bitumen and heavy oil in northern Alberta and Saskatchewan. This segment assets include Foster Creek, Christina Lake, and Sunrise projects, as well as Lloydminster thermal and conventional heavy oil assets. The Conventional segment holds natural gas liquids and natural gas assets primarily located in Elmworth-Wapiti, Kaybob-Edson, Clearwater, and Rainbow Lake operating in Alberta and British Columbia, as well as interests in various natural gas processing facilities. The offshore segment engages in offshore operation, exploration, and development activities in China and the East Coast of Canada. The Canadian Refining segment owns and operates Lloydminster upgrading and asphalt refining complex, which converts heavy oil and bitumen into synthetic crude oil, diesel, asphalt, and other ancillary products, as well as Bruderheim crude-by-rail terminal and ethanol plants. The U.S. Refining segment refines crude oil to produce gasoline, diesel, jet fuel, asphalt, and other products. Cenovus Energy Inc. is headquartered in Calgary, Canada.

Industry
Oil & Gas
Sector
Energy
Employees
5998

Cenovus Energy Inc SWOT Analysis


Operational Prowess
Discover how Cenovus Energy's focus on efficiency, particularly in its Christina Lake project, positions it as a leader in low-cost, high-output oil sands operations
Financial Fortitude
Explore Cenovus's robust financial health, with a strengthened balance sheet and impressive EBITDA growth projections from $10,222M in 2023 to $13,688M in 2025
Shareholder Rewards
Learn about Cenovus's commitment to shareholder value, including its 16-year dividend streak and potential for the highest total yield among peers in 2025
Growth Catalysts
Delve into Cenovus's future prospects, including the Narrows Lake tie-in project and potential improvements in its US refinery segment, with analyst price targets around $28-$33
Read full SWOT analysis

Cenovus Energy Inc Earnings Call Summary for Q3/2024

  • Q3 2024: Cenovus reports $2.7B operating margin, 771,000 BOE/day production despite maintenance challenges
  • Christina Lake outperforms; Narrows Lake to add 20-30K barrels/day from mid-2025
  • TMX pipeline improves market access; $1.1B returned to shareholders; $4B net debt target achieved
  • 2025 capex forecast: $4.5-5B; West White Rose production start in 2026; free cash flow generation by 2027
  • U.S. refining reliability issues addressed; SeaRose FPSO startup planned for year-end
Last Updated: 01/11/2024, 06:28 am
Read Full Transcript

Compare CVE to Peers and Sector

Metrics to compare
CVE
Peers
Sector
Relationship
P/E Ratio
10.8x12.4x4.8x
PEG Ratio
−1.65−0.170.00
Price/Book
1.4x1.6x1.1x
Price / LTM Sales
0.7x1.3x1.1x
Upside (Analyst Target)
35.5%9.3%28.4%
Fair Value Upside
Unlock12.8%9.7%Unlock

Dividends

Payout Ratio
Payout ratio (TTM)
Earnings retained
EPS 1.99
Dividend Yield
3.30%
Industry Median 3.97%
Annualised payout
0.5075
Paid quarterly
5-Years Growth
+31.12%
Growth Streak

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FAQ

What Is the Cenovus Energy Inc (CVE) Stock Price Today?

The Cenovus Energy Inc stock price today is 15.28

What Stock Exchange Does Cenovus Energy Inc Trade On?

Cenovus Energy Inc is listed and trades on the NYSE stock exchange.

What Is the Stock Symbol for Cenovus Energy Inc?

The stock symbol for Cenovus Energy Inc is "CVE."

Does Cenovus Energy Inc Pay Dividends? What’s The Current Dividend Yield?

The Cenovus Energy Inc dividend yield is 3.32%.

What Is the Cenovus Energy Inc Market Cap?

As of today, Cenovus Energy Inc market cap is 27.93B.

What is Cenovus Energy Inc Earnings Per Share?

The Cenovus Energy Inc EPS is 1.99.

What Is the Next Cenovus Energy Inc Earnings Date?

Cenovus Energy Inc will release its next earnings report on 11 Feb 2025.

From a Technical Analysis Perspective, Is CVE a Buy or Sell?

Based on moving averages and other technical indicators, the daily buy/sell signal is Neutral.
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