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Cenovus Energy Inc. (CVE)

Stock Price: $7.41 USD -0.04 (-0.54%)
Updated Feb 26, 2021 4:00 PM EST - Market closed
After-hours: $7.38 -0.03 (-0.41%) Feb 26, 7:36 PM
Market Cap 15.07B
Revenue (ttm) 10.37B
Net Income (ttm) -1.87B
Shares Out 1.23B
EPS (ttm) -0.42
PE Ratio n/a
Forward PE 21.05
Dividend $0.15
Dividend Yield 2.02%
Trading Day February 26
Last Price $7.41
Previous Close $7.45
Change ($) -0.04
Change (%) -0.54%
Day's Open 7.30
Day's Range 7.10 - 7.52
Day's Volume 11,566,313
52-Week Range 1.41 - 7.72

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24/7 Wall Street - 1 day ago

While most of Wall Street focuses on large-cap and mega-cap stocks, as they provide a degree of safety and liquidity, many investors are limited in the number of shares they can buy.

Other stocks mentioned: INFI, ASC, CHRA, VTGN
Zacks Investment Research - 2 weeks ago

Lower contributions from oil sands operations hurt Cenovus Energy's (CVE) Q4 earnings.

GlobeNewsWire - 2 weeks ago

CALGARY, Alberta, Feb. 09, 2021 (GLOBE NEWSWIRE) -- Cenovus Energy Inc. (TSX: CVE) (NYSE: CVE) responded to extreme oil price volatility in 2020 by quickly reducing capital spending as well as...

24/7 Wall Street - 4 weeks ago

While most of Wall Street focuses on large-cap and mega-cap stocks, as they provide a degree of safety and liquidity, many investors are limited in the number of shares they can buy.

Other stocks mentioned: CNTY, KSHB, NMTR, VIVE
GlobeNewsWire - 1 month ago

CALGARY, Alberta, Jan. 28, 2021 (GLOBE NEWSWIRE) -- Cenovus Energy Inc. (TSX: CVE) (NYSE: CVE) has delivered a disciplined 2021 capital budget focused on maintaining safe and reliable operatio...

Seeking Alpha - 1 month ago

The new Cenovus has many advantages. In this article, we will discuss the key ones we see playing a role in the company's fortunes in 2021 and beyond.

GlobeNewsWire - 1 month ago

CALGARY, Alberta, Jan. 21, 2021 (GLOBE NEWSWIRE) -- Cenovus Energy Inc. (TSX: CVE) (NYSE: CVE) will release its planned 2021 capital expenditure and production guidance on Thursday, January 28...

Zacks Investment Research - 1 month ago

Cenovus Energy's (CVE) strategic acquisition of Husky Energy has created the third-biggest energy producer in Canada.

Seeking Alpha - 1 month ago

When It Comes To Energy Stocks, Buy Canadian

Other stocks mentioned: CNQ, SU
Zacks Investment Research - 1 month ago

Cenovus (CVE) expects the combined entity to have a production capacity of 750,000 Boe/d.

GlobeNewsWire - 1 month ago

CALGARY, Alberta, Jan. 04, 2021 (GLOBE NEWSWIRE) -- Cenovus Energy Inc. (TSX: CVE) (NYSE: CVE) is pleased to announce that its strategic combination with Husky Energy Inc. has closed. The tran...

GlobeNewsWire - 1 month ago

CALGARY, Alberta, Jan. 04, 2021 (GLOBE NEWSWIRE) -- Husky Energy is pleased to announce the transaction to strategically combine with Cenovus Energy has closed.

Other stocks mentioned: HUSKF
Zacks Investment Research - 2 months ago

Big energy companies, such as Chevron (CVX), Pioneer Natural (PXD), ConocoPhillips (COP), Cenovus Energy (CVE) and Devon Energy (DVN) recently acquired smaller firms with attractive asset bases.

Other stocks mentioned: COP, CVX, CXO, DVN, PE, PXD, WPX
GlobeNewsWire - 2 months ago

Transaction scheduled to close January 1 Transaction scheduled to close January 1

Zacks Investment Research - 2 months ago

Cenovus' (CVE) merger deal with Husky Energy has been approved by shareholders of both companies to generate yearly savings of $1.2 billion.

GlobeNewsWire - 2 months ago

CALGARY, Alberta, Dec. 16, 2020 (GLOBE NEWSWIRE) -- Cenovus Energy Inc. (TSX: CVE) (NYSE: CVE) and Husky Energy Inc. (TSX: HSE) are pleased to announce the Court of Queen's Bench of Alberta ha...

GlobeNewsWire - 2 months ago

CALGARY, Alberta, Dec. 15, 2020 (GLOBE NEWSWIRE) -- Cenovus Energy Inc. (TSX: CVE) (NYSE: CVE) and Husky Energy Inc. (TSX: HSE) are pleased to announce that securityholders from both companies...

GlobeNewsWire - 2 months ago

CALGARY, Alberta, Dec. 15, 2020 (GLOBE NEWSWIRE) -- Cenovus Energy Inc. (TSX: CVE) (NYSE: CVE) and Husky Energy Inc. (TSX: HSE) are pleased to announce that securityholders from both companies...

Zacks Investment Research - 2 months ago

Cenovus (CVE) announces the completion of its Martin Hills asset sales to Headwater in a deal worth C$100 million.

GlobeNewsWire - 2 months ago

CALGARY, Alberta, Dec. 02, 2020 (GLOBE NEWSWIRE) -- Cenovus Energy Inc. (TSX:CVE) (NYSE:CVE) and Headwater Exploration Inc. (TSX:HWX) are pleased to announce the closing of the acquisition by ...

Seeking Alpha - 3 months ago

This announcement will combine excess refining capacity with excess production capacity. It also gives the Husky refineries access to lower-cost Cenovus feedstock.

Other stocks mentioned: HUSKF
GlobeNewsWire - 3 months ago

CALGARY, Alberta, Nov. 20, 2020 (GLOBE NEWSWIRE) -- Cenovus Energy Inc. (TSX: CVE) (NYSE: CVE) and Husky Energy Inc. (TSX: HSE) are pleased to announce the executive leadership team that is ex...

Other stocks mentioned: HUSKF
Seeking Alpha - 3 months ago

This is the type of energy deals that make sense and unlike the PXD/PE transaction. The two weaknesses of both companies are resolved with this merger. CVE had a WCS-WTI uncertainty weakness. ...

GlobeNewsWire - 3 months ago

Shareholders asked to vote in favour of board-approved agreement to combine businesses Shareholders asked to vote in favour of board-approved agreement to combine businesses

Zacks Investment Research - 3 months ago

Lower contributions from oil sands operations hurt Cenovus??? (CVE) third-quarter earnings.

GlobeNewsWire - 3 months ago

CALGARY, Alberta, Nov. 09, 2020 (GLOBE NEWSWIRE) -- Cenovus Energy Inc. (TSX: CVE) (NYSE: CVE), through a wholly owned partnership, has entered into a definitive agreement to sell its Marten H...

Seeking Alpha - 3 months ago

Cenovus Energy Inc. (CVE) CEO Alex Pourbaix on Q3 2020 Results - Earnings Call Transcript

Reuters - 3 months ago

The chief executive of Cenovus Energy said he is confident shareholders will approve its acquisition of rival Husky Energy, despite big quarterly losses and a stock sell-off.

Zacks Investment Research - 3 months ago

Cenovus (CVE) delivered earnings and revenue surprises of -833.33% and -11.04%, respectively, for the quarter ended September 2020. Do the numbers hold clues to what lies ahead for the stock?

Zacks Investment Research - 4 months ago

Cenovus Energy (CVE) is the third-largest hydrocarbon producer in Canada and its deal with Husky Energy is likely to enable it to decrease its output difference with the top two producers.

The Motley Fool - 4 months ago

Shares of Cenovus fell as investors digested consolidation news on the Canadian side of the border.

Reuters - 4 months ago

Cenovus Energy's acquisition of Husky Energy creates a new Canadian-owned major oil producer and lends the long-struggling oil patch greater stability during its biggest crisis in decades, wit...

Reuters - 4 months ago

Canadian oil and gas producer Cenovus Energy Inc will buy peer Husky Energy Inc in an all-stock transaction valued at $23.6 billion, inclusive of debt, the companies said in a joint statement ...

Other stocks mentioned: HUSKF
Reuters - 4 months ago

Cenovus Energy Inc will buy Husky Energy Inc in an all-stock transaction valued at $23.6 billion, the companies said in a statement on Sunday.

Other stocks mentioned: HUSKF
GlobeNewsWire - 4 months ago

CALGARY, Alberta, Oct. 25, 2020 (GLOBE NEWSWIRE) -- Cenovus Energy Inc. (TSX: CVE) (NYSE: CVE) and Husky Energy Inc. (TSX: HSE) will host a joint conference call and webcast today, Sunday, Oct...

Other stocks mentioned: HUSKF
GlobeNewsWire - 4 months ago

Combination of complementary businesses will result in $1.2 billion in cost and capital synergies, enhance free funds flow generation and support investment grade credit profile Combination of...

Other stocks mentioned: HUSKF
GlobeNewsWire - 4 months ago

CALGARY, Alberta, Oct. 22, 2020 (GLOBE NEWSWIRE) -- Cenovus Energy Inc. (TSX: CVE) (NYSE: CVE) will release its third-quarter results on Thursday, October 29, 2020. The news release will provi...

Zacks Investment Research - 4 months ago

Cenovus (CVE) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Zacks Investment Research - 6 months ago

Cenovus Energy (CVE) has seen solid earnings estimate revision activity over the past month, and belongs to a strong industry as well.

Zacks Investment Research - 6 months ago

Cenovus (CVE) reported earnings 30 days ago. What's next for the stock?

Seeking Alpha - 6 months ago

Cenovus Energy: Balance Sheet Debt Explosion

GlobeNewsWire - 6 months ago

CALGARY, Alberta, July 30, 2020 (GLOBE NEWSWIRE) -- Cenovus Energy Inc. (TSX: CVE) (NYSE: CVE) has completed a public offering in the United States (the “Offering”) of US$1,000,000,000 in 5....

Zacks Investment Research - 6 months ago

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to th...

Reuters - 7 months ago

After moving record-large Canadian oil volumes by rail just five months ago, shippers have hit the brakes, idling thousands of cars and tens of millions of dollars' worth of infrastructure.

Zacks Investment Research - 7 months ago

Cenovus Energy's (CVE) second-quarter operating loss from the Conventional unit narrows year over year due to lower operating costs.

Seeking Alpha - 7 months ago

Cenovus Energy: You Shouldn't Expect A Dividend Anytime Soon

Seeking Alpha - 7 months ago

Cenovus Energy's (CVE) CEO Alex Pourbaix on Q2 2020 Results - Earnings Call Transcript

Zacks Investment Research - 7 months ago

Cenovus (CVE) delivered earnings and revenue surprises of 43.18% and -20.26%, respectively, for the quarter ended June 2020. Do the numbers hold clues to what lies ahead for the stock?

Benzinga - 7 months ago

Shares of Cenovus Energy (NYSE:CVE) were unchanged after the company reported Q2 results.

GlobeNewsWire - 7 months ago

Company captures value by leveraging flexibility of its operations Company captures value by leveraging flexibility of its operations

About CVE

Cenovus Energy, together with its subsidiaries, develops, produces, and markets crude oil, natural gas liquids, and natural gas in Canada, the United States and the Asia Pacific region. The company operates through Oil Sands, Conventional, and Refining and Marketing segments. The Oil Sands segment develops and produces bitumen in northeast Alberta. Its bitumen assets include Foster Creek, Christina Lake, and Narrows Lake, as well as other projects in the early stages of development. The Conventional segment holds assets primarily located in Elm... [Read more...]

Industry
Oil & Gas Integrated
Founded
2009
CEO
Alexander Pourbaix
Employees
2,413
Stock Exchange
NYSE
Ticker Symbol
CVE
Full Company Profile

Financial Performance

Financial numbers in millions CAD.
Financial Statements

Analyst Forecasts

According to 22 analysts, the average rating for Cenovus Energy stock is "Buy." The 12-month stock price forecast is 10.85, which is an increase of 46.42% from the latest price.

Price Target
$10.85
(46.42% upside)
Analyst Consensus: Buy