Cenovus Energy Inc. (CVE)
NYSE: CVE · Real-Time Price · USD
16.13
+0.46 (2.90%)
Nov 4, 2024, 1:04 PM EST - Market open

Cenovus Energy Statistics

Total Valuation

Cenovus Energy has a market cap or net worth of $28.71 billion. The enterprise value is $34.00 billion.

Market Cap 28.71B
Enterprise Value 34.00B

Important Dates

The last earnings date was Thursday, October 31, 2024, before market open.

Earnings Date Oct 31, 2024
Ex-Dividend Date Dec 13, 2024

Share Statistics

Cenovus Energy has 1.83 billion shares outstanding. The number of shares has decreased by -3.47% in one year.

Shares Outstanding 1.83B
Shares Change (YoY) -3.47%
Shares Change (QoQ) -0.36%
Owned by Insiders (%) n/a
Owned by Institutions (%) n/a
Float 1.27B

Valuation Ratios

The trailing PE ratio is 11.01 and the forward PE ratio is 10.01.

PE Ratio 11.01
Forward PE 10.01
PS Ratio n/a
Forward PS n/a
PB Ratio n/a
P/FCF Ratio 7.33
PEG Ratio n/a
Financial Ratio History

Enterprise Valuation

The stock's EV/EBITDA ratio is 4.79, with an EV/FCF ratio of 8.68.

EV / Earnings 12.41
EV / Sales 0.83
EV / EBITDA 4.79
EV / EBIT 9.13
EV / FCF 8.68

Financial Position

The company has a current ratio of 1.59, with a Debt / Equity ratio of 0.34.

Current Ratio 1.59
Quick Ratio 0.95
Debt / Equity 0.34
Debt / EBITDA 1.01
Debt / FCF 1.88
Interest Coverage 11.78

Financial Efficiency

Return on equity (ROE) is 12.80% and return on invested capital (ROIC) is 8.03%.

Return on Equity (ROE) 12.80%
Return on Assets (ROA) 5.76%
Return on Capital (ROIC) 8.03%
Revenue Per Employee $6.87M
Profits Per Employee $456,991
Employee Count 5,998
Asset Turnover 1.02
Inventory Turnover 10.05

Taxes

In the past 12 months, Cenovus Energy has paid $830.53 million in taxes.

Income Tax 830.53M
Effective Tax Rate 23.08%

Stock Price Statistics

The stock price has decreased by -15.60% in the last 52 weeks. The beta is 2.64, so Cenovus Energy's price volatility has been higher than the market average.

Beta (5Y) 2.64
52-Week Price Change -15.60%
50-Day Moving Average 17.15
200-Day Moving Average 18.62
Relative Strength Index (RSI) 39.66
Average Volume (20 Days) 7,261,992

Short Selling Information

The latest short interest is 13.40 million, so 0.73% of the outstanding shares have been sold short.

Short Interest 13.40M
Short Previous Month 27.15M
Short % of Shares Out 0.73%
Short % of Float 1.05%
Short Ratio (days to cover) 1.86

Income Statement

In the last 12 months, Cenovus Energy had revenue of $41.20 billion and earned $2.74 billion in profits. Earnings per share was $1.47.

Revenue 41.20B
Gross Profit 8.04B
Operating Income 3.72B
Pretax Income 4.56B
Net Income 2.74B
EBITDA 7.10B
EBIT 3.72B
Earnings Per Share (EPS) $1.47
Full Income Statement

Balance Sheet

The company has $2.30 billion in cash and $7.36 billion in debt, giving a net cash position of -$5.06 billion or -$2.77 per share.

Cash & Cash Equivalents 2.30B
Total Debt 7.36B
Net Cash -5.06B
Net Cash Per Share -$2.77
Equity (Book Value) 21.91B
Book Value Per Share 11.76
Working Capital 2.81B
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was $7.51 billion and capital expenditures -$3.48 billion, giving a free cash flow of $3.92 billion.

Operating Cash Flow 7.51B
Capital Expenditures -3.48B
Free Cash Flow 3.92B
FCF Per Share $2.14
Full Cash Flow Statement

Margins

Gross margin is 19.52%, with operating and profit margins of 9.04% and 6.72%.

Gross Margin 19.52%
Operating Margin 9.04%
Pretax Margin 8.73%
Profit Margin 6.72%
EBITDA Margin 17.23%
EBIT Margin 9.04%
FCF Margin 10.74%

Dividends & Yields

This stock pays an annual dividend of $0.52, which amounts to a dividend yield of 3.20%.

Dividend Per Share $0.52
Dividend Yield 3.20%
Dividend Growth (YoY) 53.25%
Years of Dividend Growth 3
Payout Ratio 35.22%
Buyback Yield 3.47%
Shareholder Yield 6.76%
Earnings Yield 9.55%
FCF Yield 13.64%
Dividend Details

Analyst Forecast

The average price target for Cenovus Energy is $30.00, which is 85.82% higher than the current price. The consensus rating is "Buy".

Price Target $30.00
Price Target Difference 85.82%
Analyst Consensus Buy
Analyst Count 4
Revenue Growth Forecast (5Y) n/a
EPS Growth Forecast (5Y) n/a
Stock Forecasts

Stock Splits

This stock does not have any record of stock splits.

Last Split Date n/a
Split Type n/a
Split Ratio n/a

Scores

Cenovus Energy has an Altman Z-Score of 2.81 and a Piotroski F-Score of 7. A Z-score under 3 suggests an increased risk of bankruptcy.

Altman Z-Score 2.81
Piotroski F-Score 7