Cenovus Energy Inc. (TSX: CVE)

Canada flag Canada · Delayed Price · Currency is CAD
27.34
+0.03 (0.11%)
Jul 26, 2024, 4:00 PM EDT
14.39%
Market Cap 50.70B
Revenue (ttm) 53.34B
Net Income (ttm) 4.61B
Shares Out 1.86B
EPS (ttm) 2.42
PE Ratio 11.26
Forward PE 9.49
Dividend 0.53 (1.92%)
Ex-Dividend Date Jun 14, 2024
Volume 2,200,194
Open 27.27
Previous Close 27.31
Day's Range n/a
52-Week Range 19.82 - 29.96
Beta 2.73
Analysts n/a
Price Target n/a
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]

Sector Energy
Founded 2009
Employees 6,925
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 -21.96% compared to the previous year's 66.90 billion. Earnings were 4.07 billion, a decrease of -36.51%.

Financial Statements

News

Cenovus to hold second-quarter conference call and webcast on August 1

CALGARY, Alberta, July 25, 2024 (GLOBE NEWSWIRE) -- Cenovus Energy Inc. (TSX:CVE) (NYSE: CVE) will release its second-quarter 2024 results on Thursday, August 1. The news release will provide consolid...

1 day ago - GlobeNewsWire

Andrew Pink's Past Picks: Cenovus Energy, Chartwell Retirement Residences, and Granite REIT

Andrew Pink, portfolio manager of LDIC Inc., discusses his past picks: Cenovus Energy, Chartwell Retirement Residences, and Granite REIT.

3 days ago - BNN Bloomberg

Eric Nuttal's Past Picks: Cenovus, Veren, and Athabasca Oil

Eric Nuttall, partner and senior portfolio manager at Ninepoint Partners, discusses his past picks: Cenovus, Veren, and Athabasca Oil.

16 days ago - BNN Bloomberg

Cenovus demobilizes some Sunrise oil sands staff due to wildfire

Canada's Cenovus Energy said on Monday it is demobilizing some staff at its Sunrise oil sands project in northern Alberta as a precaution due to the evolving wildfire situation in the area.

18 days ago - Reuters

$1000 Invested In This Stock 5 Years Ago Would Be Worth $2,100 Today

Cenovus Energy (NYSE: CVE) has outperformed the market over the past 5 years by 2.34% on an annualized basis producing an average annual return of 15.39%. Currently, Cenovus Energy has a market capit...

18 days ago - Benzinga

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...

5 weeks ago - GlobeNewsWire

Cenovus Energy: Doubts Creep In

5 weeks ago - Seeking Alpha

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.

6 weeks ago - Seeking Alpha

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...

7 weeks ago - OilPrice com

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...

7 weeks ago - Reuters

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.

2 months ago - Market Watch

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.

2 months ago - Seeking Alpha

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...

3 months ago - GlobeNewsWire

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...

3 months ago - Seeking Alpha

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

3 months ago - Financial Post

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...

3 months ago - OilPrice com

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...

3 months ago - GlobeNewsWire

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.

3 months 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.

3 months 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...

3 months ago - GlobeNewsWire