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Market Cap 35.32B P/E 8.98 EPS this Y 40.00% Ern Qtrly Grth 84.90%
Income 4.61B Forward P/E 7.41 EPS next Y 18.00% 50D Avg Chg 8.00%
Sales 53.34B PEG 0.71 EPS past 5Y 44.54% 200D Avg Chg 3.00%
Dividend 3.00% Price/Book 1.32 EPS next 5Y 17.65% 52W High Chg -16.00%
Recommedations 2.00 Quick Ratio 1.01 Shares Outstanding 1.87B 52W Low Chg 29.00%
Insider Own 31.50% ROA 7.17% Shares Float 1.31B Beta 2.77
Inst Own 55.21% ROE 16.11% Shares Shorted/Prior 33.20M/29.60M Price 18.59
Gross Margin 22.62% Profit Margin 8.72% Avg. Volume 6,717,809 Target Price 23.94
Oper. Margin 11.85% Earnings Date Jul 25 Volume 9,324,919 Change -2.11%
About Cenovus Energy Inc

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.

Cenovus Energy Inc News
05/15/24 The Zacks Analyst Blog Highlights Murphy USA, Targa Resources, Cenovus Energy and Phillips 66
05/14/24 4 Energy Companies That Recently Pumped Up Their Dividends
05/11/24 Be Sure To Check Out Cenovus Energy Inc. (TSE:CVE) Before It Goes Ex-Dividend
05/08/24 Why Cenovus Energy (CVE) is a Top Dividend Stock for Your Portfolio
05/08/24 Is Cenovus Energy (CVE) Stock Undervalued Right Now?
05/06/24 Cenovus (CVE) Q1 Earnings Beat Estimates, Revenues Miss
05/04/24 Cenovus Energy Inc. (NYSE:CVE) Q1 2024 Earnings Call Transcript
05/03/24 Cenovus Energy Inc. Just Beat EPS By 36%: Here's What Analysts Think Will Happen Next
05/02/24 How to Find Strong Oils-Energy Stocks Slated for Positive Earnings Surprises
05/02/24 Cenovus Energy First Quarter 2024 Earnings: Beats Expectations
05/02/24 Cenovus Energy Stock (NYSE:CVE): Why Caution Is Warranted
05/01/24 Cenovus reports voting results of annual meeting of shareholders
05/01/24 Trans Mountain opens 'pretty vast market,' says Cenovus — but it's likely Canada's last pipeline
05/01/24 Update: Cenovus Energy Q1 Net Earnings, Production Rise; National Bank of Canada Maintains Outperform Rating, Price Target
05/01/24 Cenovus Energy Maintained at Buy at TPH Following Q1 Results; Price Target at C$30.00
05/01/24 Cenovus Energy (CVE) Beats Q1 Earnings Estimates
05/01/24 Canada's Cenovus Energy beats profit estimate on production boost
05/01/24 UPDATE 3-Canada's Cenovus Energy beats profit estimate on production boost
05/01/24 Cenovus announces first-quarter 2024 results
04/26/24 Imperial Oil (IMO) Surpasses Q1 Earnings Estimates
CVE Chatroom

User Image davooo Posted - 1 day ago

$CVE US drillers add oil and gas rigs for first time in four weeks - Baker Hughes May 17 (Reuters) - U.S. energy firms this week added oil and natural gas rigs for the first time in four weeks, energy services firm Baker Hughes (BKR.O), opens new tab said in its closely followed report on Friday. Shale production, which represents about three-quarters of total U.S. oil output, is rising due to improved well productivity. Production per new rig in the Permian basin that straddles West Texas and New Mexico, is expected in June to reach the highest monthly output per rig since November 2021.🤞🤞

User Image davooo Posted - 2 days ago

$CVE Crude oil prices were on the climb today, set for a weekly gain on signs of strong demand coming from economic reports in key markets. If the week does end with an overall gain, it would be the first one in three weeks, according to Reuters. "WTI crude oil prices seem to have found a near-term floor/support at around US$78.40/barrel after a 9%+ decline from 26 April in the past week due to several encouraging factors such as two consecutive weeks of decline in U.S. crude oil stockpile and more upcoming 'piecemeal' stimulus measures from China," OANDA analyst Kelvin Wong told the publication. 💪

User Image Dr_LB_trice Posted - 2 days ago

$CVE imagine if the stock price grew as fast and as much as the stock-based-compensation. We’d all be rich!!

User Image itsgud2bking Posted - 2 days ago

$CVE My Walmart is killing it today..

User Image ArcValueTrade Posted - 4 days ago

Natural Gas, Oil ,Gold, Silver, US Dollar Price Forecast:. Support & Resistance Strategy Guide Video: https://www.youtube.com/watch?v=chvfKaOg5rI - UNG Natural Gas holding gains decently so far. $XOM $OXY $VLO $CVE $MPC

User Image Chingus1 Posted - 4 days ago

$CVE

User Image Avocado_smash Posted - 1 week ago

Ex dividend week of 05/13: (13) $TJX $BWXT $CVE $APO $HCI

User Image ArcValueTrade Posted - 1 week ago

Natural Gas, Oil ,Gold, Silver, US Dollar Price Forecast:. Support & Resistance Strategy Guide Video: https://www.youtube.com/watch?v=Cb6RxAVJHuE - UNG Natural Gas holding gains decently so far.. $XOM $OXY $VLO $CVE $MPC

User Image itsgud2bking Posted - 1 week ago

$CVE

User Image Chingus1 Posted - 1 week ago

$CVE up and down. (Repeat)

User Image itsgud2bking Posted - 1 week ago

$SU Keep an eye on it's cousin $CVE .. very much undervalued...

User Image ArcValueTrade Posted - 1 week ago

Natural Gas, Oil ,Gold, Silver, US Dollar Price Forecast:. Support & Resistance Strategy Guide Video: https://www.youtube.com/watch?v=fb2DlSC6KQ4 - UNG Natural Gas holding gains decently so far $XOM $OXY $VLO $CVE $MPC

User Image Ro_Patel Posted - 1 week ago

RBOB cracks continue to be constructive - watch closely for changes in refining capacity. $VLO $PSX $MPC $SU $CVE

User Image ArcValueTrade Posted - 2 weeks ago

Natural Gas, Oil ,Gold, Silver, US Dollar Price Forecast: Support & Resistance Strategy Guide Video: https://www.youtube.com/watch?v=PPtP8PqgRcw - UNG Natural Gas about to break falling wedge pattern- - Started a starter position in Natgas this Thursday. $XOM $OXY $VLO $CVE $MPC

User Image Chingus1 Posted - 2 weeks ago

$CVE big old cup and handle on the year. Could make a move up anytime

User Image ArcValueTrade Posted - 2 weeks ago

Natural Gas, Oil ,Gold, Silver, US Dollar Price Forecast:. Support & Resistance Strategy Guide Video: https://www.youtube.com/watch?v=17H9y0aibQw - UNG Natural Gas back to falling wedge pattern.- $XOM $OXY $VLO $CVE $MPC

User Image davooo Posted - 2 weeks ago

$CVE From OilPrice: According StanChart and their model, the fastest rate of stock draws in the first half of 2024 should happen in May and June, essentially meaning that we are now entering a key period for oil fundamentals that will determine whether the market will tighten further or disappoint. StanChart says the key metric to watch is global oil demand, which they have predicted will hit an all-time high of 103.1 mb/d in May and rise further to 103.8 mb/d in June. The analysts have forecast y/y demand growth at 1.62 mb/d in May and 1.74 mb/d in June. 🎁🎁

User Image davooo Posted - 2 weeks ago

$CVE From OilPrice: The oil and gas outlook appears more bullish on a global scale. According to commodity analysts at Standard Chartered, oil supply and demand balances show a significant tightening in the current year, a sharp contrast to large surplus conditions of early 2023. StanChart’s model shows a cumulative global stock draw of 189 million barrels (mb) in H1-2024 compared to a build of 218 mb recorded over last year’s corresponding period which overhung the market and flattened forward price curves. StanChart’s model shows a cumulative global stock draw of 189 million barrels (mb) in H1-2024 compared to a build of 218 mb recorded over last year’s corresponding period which overhung the market and flattened forward price curves.😔

User Image Stocksrunner Posted - 2 weeks ago

Pre-Market Movers: $Z Zillow sell-off presents buying opportunity as risky home touring product launches. $CVE Cenovus warrants caution despite gains. $CVNA skyrockets, lifting Dow futures after Fed rally fades. $EBAY declares $0.27 dividend. $SSL Sasol CFO Hanré Rossouw to step down Oct 2024.

User Image Stock_Titan Posted - 2 weeks ago

$CVE Cenovus reports voting results of annual meeting of shareholders https://www.stocktitan.net/news/CVE/cenovus-reports-voting-results-of-annual-meeting-of-uwiyz3jujiib.html

User Image JFranklinhope Posted - 2 weeks ago

$CVE The market is so backwards right now. Everyone wants a NIVIDIA, and if they don’t get it, they bail.

User Image Stocksrunner Posted - 2 weeks ago

Market Update: Trending Stocks $KHC Q1 Profit meets expectations, but higher pricing fails to offset volume drop, maintaining its Q1 woes. $CVS Medical cost trends lead to guidance cut, impacting Q1 results. Health Care Benefits revenue surges, but misses expectations, causing stock drop. $YUM Stock slides as Q1 comparable sales miss mark. Non-GAAP EPS misses expectations, signaling challenges ahead despite a rare drop in same-store sales. $CVE Hikes fixed dividend, announces variable dividend, with strong GAAP EPS and revenue. Shows resilience despite market fluctuations. $GOLD Tops expectations in Q1, on track to achieve 2024 targets. Declares dividend after surpassing EPS and revenue estimates despite production and sales dip. https://stocksrunner.com/trending Stay informed, stay strategic!

User Image SkiDean Posted - 2 weeks ago

$CVE should I sell birchcliff for more Cenovus.

User Image briefingcom Posted - 2 weeks ago

$CVE: Cenovus Energy beats by CAD0.10, beats on revs https://www.briefing.com/in-depth-analysis/content/article?ArticleId=IN20240501061142CVE&utm_campaign=inplay&utm_medium=social&utm_source=st&utm_content=view_page

User Image Xeloris Posted - 2 weeks ago

$CVE glad to have 50 percent of my portfolio in this.. seems to be offseting my other shit ;)

User Image Chingus1 Posted - 2 weeks ago

$CVE nice report div. Increase

User Image DonCorleone77 Posted - 2 weeks ago

$CVE Cenovus Energy reports Q1 EPS 62c, consensus 39c Reports Q1 revenue $13.4B, consensus $10.35B. Reports Q1 upstream production of almost 801K barrels of BOE/d, including 114,100 bbls/d at the Lloydminster thermals and downstream throughput of more than 655K bbls/d, representing 94% utilization in Canadian Refining and 87% in U.S. Refining. "We continue to focus on safe and reliable operations across our integrated business as we progress our priorities of deleveraging our balance sheet, increasing our shareholder returns, advancing work to decarbonize our production and furthering our growth projects," said CEO Jon McKenzie. "As we outlined at our Investor Day, our high-quality assets with long reserve life, together with our integrated strategy and strong operating performance, position Cenovus for success not only today but well into the future."

User Image epsguid Posted - 2 weeks ago

$CVE reported earnings of $0.45, consensus was $0.35, Earnings Whisper was $0.40 via @eWhispers #whisperbeat http://eps.sh/d/cve

User Image Stock_Titan Posted - 2 weeks ago

$CVE Cenovus announces first-quarter 2024 results https://www.stocktitan.net/news/CVE/cenovus-announces-first-quarter-2024-2ap8n4qt36p4.html

User Image itsgud2bking Posted - 04/30/24

$CVE That's a good read . Cve on the progress it will have on their business model.. Read the further down to catch cve's input...

Analyst Ratings
Morgan Stanley Overweight Mar 28, 24
RBC Capital Outperform Jan 26, 24
National Bank Financial Inc Outperform Jun 29, 23
Goldman Sachs Buy Jun 6, 23
RBC Capital Outperform May 30, 23
RBC Capital Outperform Apr 27, 23
Goldman Sachs Neutral Nov 21, 22
Credit Suisse Outperform Jun 9, 22
Goldman Sachs Buy May 20, 22