Cenovus Energy Inc. (CVE)

Market Cap	38.07B
Revenue (ttm)	39.25B
Net Income (ttm)	3.09B
Shares Out	1.87B
EPS (ttm)	1.55
PE Ratio	13.15
Forward PE	8.40
Dividend	$0.41 (2.04%)
Ex-Dividend Date	Mar 14, 2024

Volume	16,148,691
Open	20.70
Previous Close	20.56
Day's Range	20.06 - 20.91
52-Week Range	14.69 - 21.90
Beta	2.78
Analysts	Strong Buy
Price Target	28.20 (+38.64%)
Earnings Date	May 1, 2024

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

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 4.11 billion, a decrease of -36.29%.

Financial numbers in CAD

Analyst Forecast

According to 5 analysts, the average rating for CVE stock is "Strong Buy." The 12-month stock price forecast is $28.2, which is an increase of 38.64% from the latest price.

Price Target

$28.2

(38.64% upside)

Analyst Consensus: Strong Buy