Cenovus Energy Inc. (TSX: CVE)

Canada flag Canada · Delayed Price · Currency is CAD
27.52
+0.31 (1.14%)
May 17, 2024, 4:00 PM EDT
27.05%
Market Cap 51.51B
Revenue (ttm) 55.11B
Net Income (ttm) 4.65B
Shares Out 1.86B
EPS (ttm) 2.42
PE Ratio 11.37
Forward PE 10.73
Dividend 0.88 (3.18%)
Ex-Dividend Date Jun 14, 2024
Volume 6,414,851
Open 27.24
Previous Close 27.21
Day's Range 27.16 - 27.58
52-Week Range 19.82 - 29.96
Beta 2.77
Analysts n/a
Price Target 33.27 (+20.89%)
Earnings Date Jul 25, 2024

About Cenovus Energy

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... [Read more]

Sector Energy
Founded 2009
Country Canada
Stock Exchange Toronto Stock Exchange
Ticker Symbol CVE
Full Company Profile

Financial Performance

In 2023, Cenovus Energy's revenue was 52.20 billion, a decrease of -27.26% compared to the previous year's 71.77 billion. Earnings were 4.11 billion, a decrease of -36.29%.

Financial Statements

News

These stocks could see ‘immense' profits as Canada's economy sinks, says veteran trader

The meme-stock trade is alive and kicking, while the rest of the market stews ahead of Wednesday's inflation data.

6 days ago - Market Watch

Cash Flow Gusher: How Cenovus Energy Can Shower You With Dividends

Cenovus Energy has strong growth prospects and a business model with diversified operations in upstream production and refining. Find out why CVE stock is a Buy.

8 days ago - Seeking Alpha

Cenovus reports voting results of annual meeting of shareholders

CALGARY, Alberta, May 01, 2024 (GLOBE NEWSWIRE) -- Cenovus Energy Inc. (TSX: CVE) (NYSE: CVE) held its annual meeting of shareholders on May 1, 2024. Each matter voted on is described in greater detai...

18 days ago - GlobeNewsWire

Cenovus Energy beats Q1 earnings estimates as production jumps

Cenovus Energy reports better than expected Q1 earnings on higher production and refinery throughput, as well as positive outlook for new markets with the...

19 days ago - Seeking Alpha

Trans Mountain opens ‘pretty vast market,’ says Cenovus — but it’s likely Canada’s last pipeline

'It is increasingly difficult to build pipelines in this country,' says CEO

19 days ago - Financial Post

Cenovus Tops Earnings Forecast as Refining Jumps to Record

One of Canadas biggest oil and gas companies, Cenovus Energy (NYSE: CVE), booked higher-than-expected earnings for the first quarter of 2024 amid strong oil and gas production and record throughput vo...

19 days ago - OilPrice com

Cenovus announces first-quarter 2024 results

CALGARY, Alberta, May 01, 2024 (GLOBE NEWSWIRE) -- Cenovus Energy Inc. (TSX: CVE) (NYSE: CVE) delivered solid results across its portfolio in the first quarter of 2024. Production from its upstream as...

19 days ago - GlobeNewsWire

Cenovus subsidiary fined $1.83 mln for 2018 Canada oil spill

A Canadian regulator said on Friday a Cenovus Energy subsidiary has been fined C$2.5 million ($1.83 million) for its role in the 2018 oil spill off the country's Atlantic Coast.

24 days ago - Reuters

Cenovus slapped with $2.5M fine for 2018 offshore oil spill

Cenovus Energy has been ordered to pay a $2.5-million fine for its role in the largest offshore oil spill in Newfoundland and Labrador history.

24 days ago - CBC News

Cenovus to hold first-quarter conference call and webcast, virtual annual meeting of shareholders on May 1

CALGARY, Alberta, April 24, 2024 (GLOBE NEWSWIRE) -- Cenovus Energy Inc. (TSX:CVE) (NYSE: CVE) will release its first-quarter 2024 results on Wednesday, May 1. The news release will provide consolidat...

25 days ago - GlobeNewsWire

Cenovus Energy Pumps $1.5B Into Ohio Refineries: Report

Cenovus Energy Inc. (NYSE: CVE) is reportedly making an investment of $1.5 billion in its Ohio refineries, including Lima and Oregon. The company also aims to add 115 new jobs to its office in Dublin...

5 weeks ago - Benzinga

Cenovus Energy to invest $1.5 billion in Ohio refineries

Cenovus Energy has announced a $1.5 billion investment in its Ohio refineries, including Lima and Oregon, according to a local media report on Wednesday.

5 weeks ago - Reuters

Cenovus Energy: Several Catalysts Could Soon Unlock The Value

Cenovus expects a 100% payout ratio, which could boost its stock value and offer a potential 15% dividend+buyback. Learn more on CVE:CA stock here.

5 weeks ago - Seeking Alpha

Cenovus Energy Stock Sees Improved Relative Strength

Cenovus Energy shows rising price performance, earning an upgrade to its IBD Relative Strength Rating

6 weeks ago - Investor's Business Daily

$1000 Invested In This Stock 5 Years Ago Would Be Worth $2,200 Today

Cenovus Energy (NYSE: CVE) has outperformed the market over the past 5 years by 3.81% on an annualized basis producing an average annual return of 16.2%. Currently, Cenovus Energy has a market capita...

6 weeks ago - Benzinga

Cenovus Blasts Canadian Government for Lack of Support for Carbon Capture

Cenovus Energy Inc. blasted the Canadian government for not providing enough financial support for the oil-sands industry’s proposed C$16.5 billion ($12.2 billion) carbon capture system.

2 months ago - Financial Post

Cenovus Energy To Boost Energy Production 19%

Canadas Cenovus Energy will boost its energy production by 19% over the next five years, in line with pipeline capacity growth, Cenovus CEO Drew Zieglgansberger said at the companys annual investor da...

2 months ago - OilPrice com

Canadian oil producer Cenovus to boost production 19% in five years

Cenovus Energy , Canada's third-largest oil producer, said on Tuesday it plans to boost energy production by 19% during the next five years as the country's pipeline capacity expands.

2 months ago - Reuters