Cenovus Energy Inc. (TSX: CVE)

Canada flag Canada · Delayed Price · Currency is CAD
29.32
+0.23 (0.79%)
Apr 26, 2024, 4:00 PM EDT
32.31%
Market Cap 54.88B
Revenue (ttm) 54.57B
Net Income (ttm) 4.11B
Shares Out 1.87B
EPS (ttm) 2.12
PE Ratio 13.73
Forward PE 10.73
Dividend 0.56 (1.91%)
Ex-Dividend Date Mar 14, 2024
Volume 4,461,613
Open 29.19
Previous Close 29.09
Day's Range 28.95 - 29.46
52-Week Range 19.82 - 29.96
Beta 2.78
Analysts n/a
Price Target 33.04 (+12.69%)
Earnings Date May 1, 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]

Sector Energy
Founded 2009
Country Canada
Stock Exchange Toronto Stock Exchange
Ticker Symbol CVE
Full Company Profile

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 Statements

News

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.

9 hours ago - Reuters

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.

15 hours ago - CBC News

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...

2 days ago - GlobeNewsWire

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...

15 days ago - Benzinga

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.

16 days ago - Reuters

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.

17 days ago - Seeking Alpha

Cenovus Energy Stock Sees Improved Relative Strength

Cenovus Energy shows rising price performance, earning an upgrade to its IBD Relative Strength Rating

23 days ago - Investor's Business Daily

$1000 Invested In This Stock 5 Years Ago Would Be Worth $2,200 Today

Cenovus Energy (NYSE: CVE) has outperformed the market over the past 5 years by 3.81% on an annualized basis producing an average annual return of 16.2%. Currently, Cenovus Energy has a market capita...

24 days ago - Benzinga

Cenovus Blasts Canadian Government for Lack of Support for Carbon Capture

Cenovus Energy Inc. blasted the Canadian government for not providing enough financial support for the oil-sands industry’s proposed C$16.5 billion ($12.2 billion) carbon capture system.

7 weeks ago - Financial Post

Cenovus Energy To Boost Energy Production 19%

Canadas Cenovus Energy will boost its energy production by 19% over the next five years, in line with pipeline capacity growth, Cenovus CEO Drew Zieglgansberger said at the companys annual investor da...

7 weeks ago - OilPrice com

Canadian oil producer Cenovus to boost production 19% in five years

Cenovus Energy , Canada's third-largest oil producer, said on Tuesday it plans to boost energy production by 19% during the next five years as the country's pipeline capacity expands.

7 weeks ago - Reuters

Cenovus to webcast Investor Day 2024

CALGARY, Alberta, Feb. 27, 2024 (GLOBE NEWSWIRE) -- Cenovus Energy Inc. (TSX:CVE) (NYSE: CVE) will hold its 2024 Investor Day in Toronto on Tuesday, March 5, 2024, at 8:30 a.m. ET (6:30 a.m. MT). Memb...

2 months ago - GlobeNewsWire

Cenovus Energy fourth-quarter profit misses estimates

Cenovus Energy narrowly missed estimates for quarterly profit on Thursday, hit by lower oil prices.

2 months ago - Reuters

Cenovus announces fourth-quarter and full-year 2023 results

CALGARY, Alberta, Feb. 15, 2024 (GLOBE NEWSWIRE) -- Cenovus Energy Inc. (TSX: CVE) (NYSE: CVE) continued to deliver strong operational performance across the portfolio in the fourth quarter of 2023. T...

2 months ago - GlobeNewsWire

Earnings Scheduled For February 15, 2024

Companies Reporting Before The Bell • Cognex (NASDAQ: CGNX) is estimated to report quarterly earnings at $0.10 per share on revenue of $188.59 million. • Cenovus Energy (NYSE: CVE) is likely to repo...

2 months ago - Benzinga

Preview: Cenovus Energy's Earnings

Cenovus Energy (NYSE: CVE) is set to give its latest quarterly earnings report on Thursday, 2024-02-15. Here's what investors need to know before the announcement. Analysts estimate that Cenovus Ener...

2 months ago - Benzinga