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.
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 |
Metrics to compare | CVE | Sector Sector - Average of metrics from a broad group of related Energy sector companies | Relationship RelationshipCVEPeersSector | |
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P/E Ratio | 10.8x | 12.4x | 4.8x | |
PEG Ratio | −1.65 | −0.17 | 0.00 | |
Price/Book | 1.4x | 1.6x | 1.1x | |
Price / LTM Sales | 0.7x | 1.3x | 1.1x | |
Upside (Analyst Target) | 35.5% | 9.3% | 28.4% | |
Fair Value Upside | Unlock | 12.8% | 9.7% | Unlock |