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Cenovus Energy Inc. (CVE)

Stock Price: $7.90 USD -0.07 (-0.88%)
Updated May 7, 2021 4:00 PM EDT - Market closed
After-hours: $8.06 +0.16 (2.03%) May 7, 7:29 PM
Market Cap 15.92B
Revenue (ttm) 10.37B
Net Income (ttm) -1.87B
Shares Out 2.02B
EPS (ttm) -1.58
PE Ratio n/a
Forward PE 21.05
Dividend $0.06
Dividend Yield 0.78%
Trading Day May 7
Last Price $7.90
Previous Close $7.97
Change ($) -0.07
Change (%) -0.88%
Day's Open 7.99
Day's Range 7.85 - 8.04
Day's Volume 10,932,134
52-Week Range 3.14 - 8.56

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Generates $1.1 billion in adjusted funds flow in first quarter 2021 Generates $1.1 billion in adjusted funds flow in first quarter 2021

1 day ago - GlobeNewsWire

Virtual Annual Meeting of Shareholders to follow on May 12 Virtual Annual Meeting of Shareholders to follow on May 12

5 days ago - GlobeNewsWire

CALGARY, Alberta, April 12, 2021 (GLOBE NEWSWIRE) -- Cenovus Energy Inc. (TSX: CVE) (NYSE: CVE) today announced that it has commenced a consent solicitation (the “Consent Solicitation”) with respect to ...

3 weeks ago - GlobeNewsWire

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: ET, PAA, SWN, CPG
4 weeks ago - 24/7 Wall Street

Cenovus (CVE) sets new targets of reaching net-zero emissions, while sticking to its core oil and gas business, to win over eco-minded investors.

4 weeks ago - Zacks Investment Research

Cenovus Energy (CVE) expects higher commodity prices to omit the requirement of divesting assets.

1 month ago - Zacks Investment Research

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

1 month ago - Zacks Investment Research

CALGARY, Alberta, March 31, 2021 (GLOBE NEWSWIRE) -- Cenovus Energy Inc. (TSX: CVE) (NYSE: CVE) announced today that effective March 31, 2021, its wholly owned subsidiary Husky Energy Inc. (“Husky”) has...

1 month ago - GlobeNewsWire

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

2 months ago - Zacks Investment Research

CALGARY, Alberta, March 01, 2021 (GLOBE NEWSWIRE) -- Cenovus Energy Inc. (TSX: CVE) (NYSE: CVE) is providing notice the company does not intend to exercise its right to redeem its Cumulative Redeemable ...

2 months ago - GlobeNewsWire

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
2 months ago - 24/7 Wall Street

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

2 months ago - Zacks Investment Research

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 strategic...

2 months ago - GlobeNewsWire

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
3 months ago - 24/7 Wall Street

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 operations while p...

3 months ago - GlobeNewsWire

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.

3 months ago - Seeking Alpha

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, 2021.

3 months ago - GlobeNewsWire

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

3 months ago - Zacks Investment Research

When It Comes To Energy Stocks, Buy Canadian

Other stocks mentioned: CNQ, SU
3 months ago - Seeking Alpha

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

4 months ago - Zacks Investment Research

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 transaction cr...

4 months ago - GlobeNewsWire

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
4 months ago - GlobeNewsWire

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
4 months ago - Zacks Investment Research

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

4 months ago - GlobeNewsWire

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

4 months ago - Zacks Investment Research

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 has issued a...

4 months ago - GlobeNewsWire

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 have vote...

4 months ago - GlobeNewsWire

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 have vote...

4 months ago - GlobeNewsWire

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

4 months ago - Zacks Investment Research

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 Headwater ...

5 months ago - GlobeNewsWire

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
5 months ago - Seeking Alpha

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 expected to ...

Other stocks mentioned: HUSKF
5 months ago - GlobeNewsWire

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. Husky had ...

5 months ago - Seeking Alpha

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

5 months ago - GlobeNewsWire

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

5 months ago - Zacks Investment Research

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 Hills oil a...

5 months ago - GlobeNewsWire

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

6 months ago - Seeking Alpha

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.

6 months ago - Reuters

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?

6 months ago - Zacks Investment Research

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.

6 months ago - Zacks Investment Research

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

6 months ago - The Motley Fool

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, with investor...

6 months ago - Reuters

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 on Sunday.

Other stocks mentioned: HUSKF
6 months ago - Reuters

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
6 months ago - Reuters

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, October 25, 2...

Other stocks mentioned: HUSKF
6 months ago - GlobeNewsWire

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 complemen...

Other stocks mentioned: HUSKF
6 months ago - GlobeNewsWire

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 provide consoli...

6 months ago - GlobeNewsWire

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.

6 months ago - Zacks Investment Research

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

8 months ago - Zacks Investment Research

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

8 months ago - Zacks Investment Research

About CVE

Cenovus Energy Inc., 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 i... [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 37.34% from the latest price.

Price Target
$10.85
(37.34% upside)
Analyst Consensus: Buy