Cenovus Energy Inc. (CVE)

NYSE: CVE · IEX Real-Time Price · USD
17.32
+0.91 (5.55%)
At close: Oct 4, 2022 4:00 PM
17.40
+0.08 (0.46%)
After-hours: Oct 4, 2022 7:57 PM EDT
5.55%
Market Cap 33.06B
Revenue (ttm) 48.06B
Net Income (ttm) 3.26B
Shares Out 1.91B
EPS (ttm) 1.53
PE Ratio 11.32
Forward PE 4.91
Dividend $0.21 (1.19%)
Ex-Dividend Date Sep 14, 2022
Volume 11,399,395
Open 16.84
Previous Close 16.41
Day's Range 16.67 - 17.34
52-Week Range 10.32 - 24.91
Beta 3.19
Analysts Buy
Price Target 25.75 (+48.7%)
Earnings Date Aug 4, 2022

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, Offshore, Canadian Manufacturing, U.S. Manufacturing, and Retail segments. The Oil Sands segment develops and produces bitumen and heavy oil in northern Alberta and Saskatchewan. This segments Foster Creek, Christina Lake, Sunrise, and Tucker oil sands projects, as well as Lloydminster thermal and conve... [Read more...]

Industry Oil, Gas & Consumable Fuels
Founded 2009
CEO Alexander Pourbaix
Employees 5,938
Stock Exchange NYSE
Ticker Symbol CVE
Full Company Profile

Financial Performance

Financial numbers in CAD Financial Statements

Analyst Forecast

According to 20 analysts, the average rating for CVE stock is "Buy." The 12-month stock price forecast is 25.75, which is an increase of 48.67% from the latest price.

Price Target
$25.75
(48.67% upside)
Analyst Consensus: Buy
Stock Forecasts

News

New Strong Sell Stocks for October 3rd

CVE, NKE and KAR have been added to the Zacks Rank #5 (Strong Sell) List on October 3, 2022.

Other symbols: KARNKE
1 day ago - Zacks Investment Research

Is Trending Stock Cenovus Energy Inc (CVE) a Buy Now?

Cenovus (CVE) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.

5 days ago - Zacks Investment Research

Cenovus to help advance sustainable energy opportunities for First Nations

ESG energy leader joins First Nations Major Projects Coalition's Sustaining Partners Program ESG energy leader joins First Nations Major Projects Coalition's Sustaining Partners Program

5 days ago - GlobeNewsWire

7 Safe Havens All Investors Should Have Exposure to in 2022

Investors who have a high exposure to stocks in 2022 probably wish the year would end. Unless they raised their allocation in cash, their losses in the portfolio are mounting.

Other symbols: CFCNQJNJMMINVSSQM
1 week ago - InvestorPlace

7 Oil Stocks to Buy on the Dip or You'll Be Kicking Yourself Later

Featuring one of the market's love-hate affairs, the relevant-though-controversial category of oil stocks to buy will likely become increasingly intriguing to investors. Facing what could be a brutal wi...

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1 week ago - InvestorPlace

Here's Why Cenovus (CVE) is an Attractive Investment Bet

The positive trajectory in oil prices is a boon for Cenovus' (CVE) upstream operations.

2 weeks ago - Zacks Investment Research

Cenovus Energy Inc (CVE) is Attracting Investor Attention: Here is What You Should Know

Recently, Zacks.com users have been paying close attention to Cenovus (CVE). This makes it worthwhile to examine what the stock has in store.

2 weeks ago - Zacks Investment Research

Cenovus Announces Pricing of Tender Offers for Certain Outstanding Series of Notes

CALGARY, Alberta, Sept. 12, 2022 (GLOBE NEWSWIRE) -- Cenovus Energy Inc. (TSX: CVE) (NYSE: CVE) announced today the total consideration payable in connection with its previously announced tender offers ...

3 weeks ago - GlobeNewsWire

7 Best Canadian Stocks to Buy Now

The S&P/TSX Composite Index consists of 237 of the best Canadian stocks traded on the Toronto Stock Exchange. These companies represent approximately 95% of the Canadian equities market.

Other symbols: DOOORBASTNTFIITIXTWCN
3 weeks ago - InvestorPlace

Cenovus Announces Early Tender Results and Increase of Tender Offers for Certain Outstanding Series of Notes

CALGARY, Alberta, Sept. 12, 2022 (GLOBE NEWSWIRE) -- Cenovus Energy Inc. (TSX: CVE) (NYSE: CVE) announced today the early tender results for its tender offers to purchase for cash certain of its outstan...

3 weeks ago - GlobeNewsWire

Cenovus Energy Inc (CVE) Is a Trending Stock: Facts to Know Before Betting on It

Cenovus (CVE) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.

1 month ago - Zacks Investment Research

7 A-Rated Growth Stocks to Buy Today for a Profitable Tomorrow

A-rated growth stocks are a great way to help ensure a profitable tomorrow, and everyone wants a profitable tomorrow. That's one of the reasons why we invest – to build a nest egg to pay for our retirem...

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1 month ago - InvestorPlace

Cenovus Announces Tender Offers for Certain Outstanding Series of Notes

CALGARY, Alberta, Aug. 26, 2022 (GLOBE NEWSWIRE) -- Cenovus Energy Inc. (TSX: CVE) (NYSE: CVE) announced today the commencement of tender offers to purchase for cash certain of its outstanding series of...

1 month ago - GlobeNewsWire

Investors Heavily Search Cenovus Energy Inc (CVE): Here is What You Need to Know

Zacks.com users have recently been watching Cenovus (CVE) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.

1 month ago - Zacks Investment Research

Wall Street Analysts Predict a 33% Upside in Cenovus (CVE): Here's What You Should Know

The average of price targets set by Wall Street analysts indicates a potential upside of 33.2% in Cenovus (CVE). While the effectiveness of this highly sought-after metric is questionable, the positive ...

1 month ago - Zacks Investment Research

Cenovus (CVE) Shares Dip 7.6% Despite Earnings Beat in Q2

Higher daily oil sand production aids Cenovus' (CVE) earnings in Q2.

1 month ago - Zacks Investment Research

Is Cenovus Energy (CVE) a Great Value Stock Right Now?

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 the latest v...

1 month ago - Zacks Investment Research

Cenovus Acquiring Outstanding 50% Interest in Toledo Refinery from bp, Will Assume Operatorship

CALGARY, Alberta, Aug. 08, 2022 (GLOBE NEWSWIRE) -- Cenovus Energy Inc. (TSX: CVE) (NYSE: CVE), through its U.S. operating business, has reached an agreement to purchase bp's 50% interest in the bp-Husk...

1 month ago - GlobeNewsWire

Here is What to Know Beyond Why Cenovus Energy Inc (CVE) is a Trending Stock

Cenovus (CVE) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.

1 month ago - Zacks Investment Research

Wall Street Analysts Think Cenovus (CVE) Could Surge 29%: Read This Before Placing a Bet

The average of price targets set by Wall Street analysts indicates a potential upside of 28.9% in Cenovus (CVE). While the effectiveness of this highly sought-after metric is questionable, the positive ...

2 months ago - Zacks Investment Research

Cenovus Energy (CVE) Q2 Earnings and Revenues Beat Estimates

Cenovus (CVE) delivered earnings and revenue surprises of 4.49% and 14.13%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?

2 months ago - Zacks Investment Research

Cenovus Announces 2022 Second-Quarter Financial and Operating Results

Company returned more than $1 billion to shareholders through share buybacks Company returned more than $1 billion to shareholders through share buybacks

2 months ago - GlobeNewsWire

Is a Beat in the Offing for Cenovus (CVE) in Q2 Earnings?

Cenovus' (CVE) upstream operations are expected to have been aided by the favorable commodity price scenario in Q2.

2 months ago - Zacks Investment Research

Cenovus to hold second-quarter conference call and webcast July 28

CALGARY, Alberta, July 25, 2022 (GLOBE NEWSWIRE) -- Cenovus Energy Inc. (TSX:CVE) (NYSE: CVE) will release its second-quarter results on Thursday, July 28. The news release will provide consolidated sec...

2 months ago - GlobeNewsWire

6 Blue Chip Stocks Under $20 to Buy

These are the top 6 blue chip stocks under $20 available right now that pay dividends and have low P/E multiples. Moreover, the earnings more than cover the dividends paid out.

Other symbols: CGBDCPGFGNKGRIN
2 months ago - InvestorPlace