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Cenovus Energy TSX:CVE Stock Report

Last Price

CA$26.69

Market Cap

CA$49.8b

7D

-0.7%

1Y

15.5%

Updated

08 Jul, 2024

Data

Company Financials +

CVE Stock Overview

Develops, produces, refines, transports, and markets crude oil, natural gas, and refined petroleum products in Canada and internationally.

CVE fundamental analysis
Snowflake Score
Valuation6/6
Future Growth0/6
Past Performance3/6
Financial Health5/6
Dividends3/6

Cenovus Energy Inc. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Cenovus Energy
Historical stock prices
Current Share PriceCA$26.69
52 Week HighCA$29.96
52 Week LowCA$19.82
Beta2.73
11 Month Change2.57%
3 Month Change-8.81%
1 Year Change15.54%
33 Year Change140.02%
5 Year Change114.03%
Change since IPO-5.69%

Recent News & Updates

Market Cool On Cenovus Energy Inc.'s (TSE:CVE) Earnings

Jul 04
Market Cool On Cenovus Energy Inc.'s (TSE:CVE) Earnings

Recent updates

Market Cool On Cenovus Energy Inc.'s (TSE:CVE) Earnings

Jul 04
Market Cool On Cenovus Energy Inc.'s (TSE:CVE) Earnings

Is Cenovus Energy (TSE:CVE) Using Too Much Debt?

Apr 14
Is Cenovus Energy (TSE:CVE) Using Too Much Debt?

Is Cenovus Energy Inc. (TSE:CVE) Trading At A 50% Discount?

Mar 05
Is Cenovus Energy Inc. (TSE:CVE) Trading At A 50% Discount?

Take Care Before Diving Into The Deep End On Cenovus Energy Inc. (TSE:CVE)

Jan 26
Take Care Before Diving Into The Deep End On Cenovus Energy Inc. (TSE:CVE)

Here's Why Cenovus Energy (TSE:CVE) Can Manage Its Debt Responsibly

Jan 05
Here's Why Cenovus Energy (TSE:CVE) Can Manage Its Debt Responsibly

Are Investors Undervaluing Cenovus Energy Inc. (TSE:CVE) By 35%?

Nov 06
Are Investors Undervaluing Cenovus Energy Inc. (TSE:CVE) By 35%?

These 4 Measures Indicate That Cenovus Energy (TSE:CVE) Is Using Debt Reasonably Well

Sep 30
These 4 Measures Indicate That Cenovus Energy (TSE:CVE) Is Using Debt Reasonably Well

Here's Why Cenovus Energy (TSE:CVE) Has Caught The Eye Of Investors

May 01
Here's Why Cenovus Energy (TSE:CVE) Has Caught The Eye Of Investors

A Look At The Intrinsic Value Of Cenovus Energy Inc. (TSE:CVE)

Mar 16
A Look At The Intrinsic Value Of Cenovus Energy Inc. (TSE:CVE)

Cenovus Energy (TSE:CVE) Seems To Use Debt Rather Sparingly

Feb 13
Cenovus Energy (TSE:CVE) Seems To Use Debt Rather Sparingly

Cenovus Energy (TSE:CVE) Has A Pretty Healthy Balance Sheet

Oct 11
Cenovus Energy (TSE:CVE) Has A Pretty Healthy Balance Sheet

Does Cenovus Energy (TSE:CVE) Deserve A Spot On Your Watchlist?

Aug 19
Does Cenovus Energy (TSE:CVE) Deserve A Spot On Your Watchlist?

Shareholder Returns

CVECA Oil and GasCA Market
7D-0.7%-0.4%1.0%
1Y15.5%17.9%10.9%

Return vs Industry: CVE underperformed the Canadian Oil and Gas industry which returned 17.9% over the past year.

Return vs Market: CVE exceeded the Canadian Market which returned 10.9% over the past year.

Price Volatility

Is CVE's price volatile compared to industry and market?
CVE volatility
CVE Average Weekly Movement3.5%
Oil and Gas Industry Average Movement6.3%
Market Average Movement7.9%
10% most volatile stocks in CA Market16.7%
10% least volatile stocks in CA Market3.0%

Stable Share Price: CVE has not had significant price volatility in the past 3 months.

Volatility Over Time: CVE's weekly volatility (4%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
n/a6,925Jon McKenziewww.cenovus.com

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.

Cenovus Energy Inc. Fundamentals Summary

How do Cenovus Energy's earnings and revenue compare to its market cap?
CVE fundamental statistics
Market capCA$49.79b
Earnings (TTM)CA$4.61b
Revenue (TTM)CA$53.34b

10.8x

P/E Ratio

0.9x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
CVE income statement (TTM)
RevenueCA$53.34b
Cost of RevenueCA$41.27b
Gross ProfitCA$12.07b
Other ExpensesCA$7.45b
EarningsCA$4.61b

Last Reported Earnings

Mar 31, 2024

Next Earnings Date

n/a

Earnings per share (EPS)2.48
Gross Margin22.62%
Net Profit Margin8.65%
Debt/Equity Ratio24.3%

How did CVE perform over the long term?

See historical performance and comparison

Dividends

2.0%

Current Dividend Yield

23%

Payout Ratio
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