Cenovus Energy Inc. (CVE)

Market Cap	26.68B
Revenue (ttm)	37.72B
Net Income (ttm)	2.18B
Shares Out	1.83B
EPS (ttm)	1.16
PE Ratio	12.57
Forward PE	9.32
Dividend	$0.59 (4.07%)
Ex-Dividend Date	Dec 13, 2024

Volume	12,765,882
Open	15.11
Previous Close	15.29
Day's Range	14.53 - 15.12
52-Week Range	13.76 - 21.90
Beta	2.52
Analysts	Buy
Price Target	29.25 (+100.48%)
Earnings Date	Feb 20, 2025

About CVE

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...

• Industry: Oil & Gas Integrated
• Sector: Energy
• Founded: 2009
• Employees: 5,998
• Stock Exchange: NYSE
• Ticker Symbol: CVE
• Website: https://www.cenovus.com

Financial Performance

In 2024, Cenovus Energy's revenue was 54.28 billion, an increase of 3.97% compared to the previous year's 52.20 billion. Earnings were 3.14 billion, a decrease of -22.86%.

Financial numbers in CAD

Analyst Forecast

According to 4 analysts, the average rating for CVE stock is "Buy." The 12-month stock price forecast is $29.25, which is an increase of 100.48% from the latest price.

Price Target

$29.25

(100.48% upside)

Analyst Consensus: Buy