Cenovus Energy Inc. (TSX: CVE)
Canada
· Delayed Price · Currency is CAD | Market Cap | 51.50B |
| Revenue (ttm) | 55.11B |
| Net Income (ttm) | 4.65B |
| Shares Out | 1.86B |
| EPS (ttm) | 2.42 |
| PE Ratio | 11.11 |
| Forward PE | 10.73 |
| Dividend | 0.74 (2.66%) |
| Ex-Dividend Date | Jun 14, 2024 |
| Volume | 5,427,660 |
| Open | 27.31 |
| Previous Close | 26.89 |
| Day's Range | n/a |
| 52-Week Range | 19.82 - 29.96 |
| Beta | 2.72 |
| Analysts | n/a |
| Price Target | 33.74 (+22.2%) |
| Earnings Date | Jul 25, 2024 |
About Cenovus Energy
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 asse... [Read more]
Financial Performance
In 2023, Cenovus Energy's revenue was 52.20 billion, a decrease of -27.26% compared to the previous year's 71.77 billion. Earnings were 4.11 billion, a decrease of -36.29%.
Financial StatementsNews
Competition Act amendments silence Canadian businesses taking climate action
CALGARY, Alberta, June 20, 2024 (GLOBE NEWSWIRE) -- Cenovus Energy Inc. (TSX: CVE) (NYSE: CVE), as a member of Pathways Alliance, today issued the following statement with respect to the Canadian gove...
Cenovus Energy: Doubts Creep In
The Negativity Toward Cenovus Energy Is Overdone
Cenovus' Canadian downstream segment routinely operates at throughput rates exceeding 90%, hitting 94% in the first quarter. Check out more on CVE stock here.
Canadian Oil Executives Slam Proposed Emissions Cap on Oil and Gas Production
The chief executives of Canadian oil sands producers have spoken against plans by the federal government to impose a cap on carbon dioxide emissions from oil and gas production. Speaking at a House of...
Canada's oil sands CEOs push back against proposed oil and gas emissions cap
Canada's biggest oil sands producers support a paying a tax on carbon but see a proposed federal oil and gas emissions cap as unnecessary legislation, the companies' CEOs told lawmakers in Ottawa on T...
Cenovus Energy: 29% Dividend Hike Is Just The Beginning
These stocks could see ‘immense' profits as Canada's economy sinks, says veteran trader
The meme-stock trade is alive and kicking, while the rest of the market stews ahead of Wednesday's inflation data.
Cash Flow Gusher: How Cenovus Energy Can Shower You With Dividends
Cenovus Energy has strong growth prospects and a business model with diversified operations in upstream production and refining. Find out why CVE stock is a Buy.
Cenovus reports voting results of annual meeting of shareholders
CALGARY, Alberta, May 01, 2024 (GLOBE NEWSWIRE) -- Cenovus Energy Inc. (TSX: CVE) (NYSE: CVE) held its annual meeting of shareholders on May 1, 2024. Each matter voted on is described in greater detai...
Cenovus Energy beats Q1 earnings estimates as production jumps
Cenovus Energy reports better than expected Q1 earnings on higher production and refinery throughput, as well as positive outlook for new markets with the...
Cenovus Energy Inc. (CVE) Q1 2024 Earnings Call Transcript
Trans Mountain opens ‘pretty vast market,’ says Cenovus — but it’s likely Canada’s last pipeline
'It is increasingly difficult to build pipelines in this country,' says CEO
First Nations, Cenovus partnership addressing housing crisis in northern Alberta
Cenovus Tops Earnings Forecast as Refining Jumps to Record
One of Canadas biggest oil and gas companies, Cenovus Energy (NYSE: CVE), booked higher-than-expected earnings for the first quarter of 2024 amid strong oil and gas production and record throughput vo...
Cenovus Energy GAAP EPS of C$1.19, revenue of C$7.86B
Cenovus Energy hikes fixed dividend to C$0.18 dividend, announces variable dividend of C$0.135
Cenovus announces first-quarter 2024 results
CALGARY, Alberta, May 01, 2024 (GLOBE NEWSWIRE) -- Cenovus Energy Inc. (TSX: CVE) (NYSE: CVE) delivered solid results across its portfolio in the first quarter of 2024. Production from its upstream as...
Cenovus subsidiary fined $1.83 mln for 2018 Canada oil spill
A Canadian regulator said on Friday a Cenovus Energy subsidiary has been fined C$2.5 million ($1.83 million) for its role in the 2018 oil spill off the country's Atlantic Coast.
Cenovus slapped with $2.5M fine for 2018 offshore oil spill
Cenovus Energy has been ordered to pay a $2.5-million fine for its role in the largest offshore oil spill in Newfoundland and Labrador history.
Cenovus to hold first-quarter conference call and webcast, virtual annual meeting of shareholders on May 1
CALGARY, Alberta, April 24, 2024 (GLOBE NEWSWIRE) -- Cenovus Energy Inc. (TSX:CVE) (NYSE: CVE) will release its first-quarter 2024 results on Wednesday, May 1. The news release will provide consolidat...
Cenovus Energy Pumps $1.5B Into Ohio Refineries: Report
Cenovus Energy Inc. (NYSE: CVE) is reportedly making an investment of $1.5 billion in its Ohio refineries, including Lima and Oregon. The company also aims to add 115 new jobs to its office in Dublin...
Cenovus Energy to invest $1.5 billion in Ohio refineries
Cenovus Energy has announced a $1.5 billion investment in its Ohio refineries, including Lima and Oregon, according to a local media report on Wednesday.
Cenovus Energy: My Top Pick Among Canadian Majors
Cenovus Energy: Several Catalysts Could Soon Unlock The Value
Cenovus expects a 100% payout ratio, which could boost its stock value and offer a potential 15% dividend+buyback. Learn more on CVE:CA stock here.
Cenovus Energy Stock Sees Improved Relative Strength
Cenovus Energy shows rising price performance, earning an upgrade to its IBD Relative Strength Rating