Energy -
Oil & Gas Integrated - NYSE - CA
$ 12.9601
-1.97 %
$ 23.6 B
Market Cap
11.17
P/E
1. INTRINSIC VALUE
Balance Sheet
Cenovus Energy Inc.
| Current Assets | 10.4 B |
| Cash & Short-Term Investments | 3.09 B |
| Receivables | 2.66 B |
| Other Current Assets | 4.68 B |
| Non-Current Assets | 46.1 B |
| Long-Term Investments | 679 M |
| PP&E | 41 B |
| Other Non-Current Assets | 4.42 B |
| Current Liabilities | 7.36 B |
| Accounts Payable | 1 B |
| Short-Term Debt | 724 M |
| Other Current Liabilities | 5.63 B |
| Non-Current Liabilities | 19.4 B |
| Long-Term Debt | 9.91 B |
| Other Non-Current Liabilities | 9.5 B |
EFFICIENCY
Earnings Waterfall
Cenovus Energy Inc.
| Revenue | 57.7 B |
| Cost Of Revenue | 45 B |
| Gross Profit | 12.8 B |
| Operating Expenses | 12.8 B |
| Operating Income | 0 |
| Other Expenses | -3.14 B |
| Net Income | 3.14 B |
RATIOS
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis
Cenovus Energy Inc.
| Net Income | 3.14 B |
| Depreciation & Amortization | 4.87 B |
| Capital Expenditures | -5.02 B |
| Stock-Based Compensation | -145 M |
| Change in Working Capital | 1.3 B |
| Others | 6.71 B |
| Free Cash Flow | 4.22 B |
Wall Street Analysts Price Targets
Cenovus Energy Inc.
Wall Street analysts predict an average 1-year price target for CVE of $31 , with forecasts ranging from
a
low of
$31 to a high of $31 .
CVE Lowest Price Target
Wall Street Target
31 USD
139.20%
CVE Average Price Target
Wall Street Target
31 USD
139.20%
CVE Highest Price Target
Wall Street Target
31 USD
139.20%
4. DIVIDEND
ANALYSIS
0.86%
DIVIDEND YIELD
0.12 USD
DIVIDEND PER SHARE
5. COMPETITION
6. Ownership
Insider Ownership
Cenovus Energy Inc.
Sold
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
0 USD 0
Bought
0 USD 0
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
| Date | Value | Insider | Amount | Avg Price |
|---|
7. News
2 Energy Stocks to Play Both Sides of Tariff Uncertainty
President Trump's 25% import tariffs on Mexico and Canada and an additional 10% tariff on China are causing investors to seek shelter from the potential fallout. Canada is of particular concern since it is a top supplier of energy to the United States, including crude oil and natural gas.
marketbeat.com
- 1 week ago
I'm Buying Magnificent Dividends Up To 9% Yield
A contrarian mindset can help dividend investors find bargains, with Crescent Capital BDC and Cenovus Energy offering high yields after recent price drops. Crescent Capital BDC carries a diversified debt portfolio, strong dividend coverage, and a safe leverage profile, making it a compelling buy at a 9% discount to book value. Cenovus Energy's integrated operations and cost optimization efforts position it for long-term growth, with plans to return 100% of excess free cash flow to shareholders.
seekingalpha.com
- 2 weeks ago
Cenovus Energy announces redemption of Series 5 Preferred Shares
CALGARY, Alberta, Feb. 27, 2025 (GLOBE NEWSWIRE) -- Cenovus Energy Inc. (“Cenovus” or the “Company”) (TSX: CVE) (NYSE: CVE) announced today it will exercise its right to redeem the Company's 4.591% Series 5 Preferred Shares (the “Series 5 Preferred Shares”) on March 31, 2025 (the “Redemption”). All 8 million Series 5 Preferred Shares outstanding will be redeemed at the price of $25.00 per share, for an aggregate amount payable to holders of $200 million, less required withholdings, if any, funded primarily from cash on hand.
globenewswire.com
- 2 weeks ago
Cenovus Energy Q4 Earnings & Revenues Miss Estimates
CVE's Q4 earnings and revenues lag estimates on lower contributions from key units. Both the top and bottom lines decrease year over year.
zacks.com
- 2 weeks ago
Cenovus: Bargain With An Excellent Shareholder Yield
CVE is cheap due to worries about tariffs, even though those are far from guaranteed. The company should see better free cash generation this year. CVE trades at a very undemanding valuation right now and offers a compelling shareholder yield.
seekingalpha.com
- 2 weeks ago
Cenovus Energy: Weak Quarter Is The Time To Buy
Cenovus Energy reported a weak quarter. Concerns include refining issues and increased debt amid negative free cash flow. Both Toledo and Superior refineries improved operations. The startup expenses have now ceased for both.
seekingalpha.com
- 2 weeks ago
Cenovus Energy Inc. (CVE) Q4 2024 Earnings Call Transcript
Cenovus Energy Inc. (NYSE:CVE ) Q4 2024 Earnings Conference Call February 20, 2025 11:00 AM ET Company Participants Patrick Read - VP, IR Jon McKenzie - CEO Kam Sandhar - EVP, Strategy and Corporate Development Keith Chiasson - EVP, Downstream Geoff Murray - EVP, Commercial Conference Call Participants Menno Hulshof - TD Securities Dennis Fong - CIBC World Market Greg Pardy - RBC Capital Markets, Philippines Neil Mehta - Goldman Sachs John Royall - JPMorgan Dennis Fong - CIBC World Markets Manav Gupta - UBS Chris Barko - Calgary Herald Operator Good morning, ladies and gentlemen. Welcome to Cenovus Energy's Fourth Quarter and Full Year 2024 Results Conference Call.
seekingalpha.com
- 3 weeks ago
Cenovus Energy (CVE) Q4 Earnings and Revenues Lag Estimates
Cenovus Energy (CVE) came out with quarterly earnings of $0.05 per share, missing the Zacks Consensus Estimate of $0.18 per share. This compares to earnings of $0.29 per share a year ago.
zacks.com
- 3 weeks ago
Canada's Cenovus Energy quarterly profit falls on weak oil prices
Canadian oil and gas producer Cenovus Energy posted a fall in fourth-quarter profit on Thursday, as lower commodity prices and weak refining margins offset higher production.
reuters.com
- 3 weeks ago
Cenovus Announces Fourth-Quarter and Full-Year 2024 Results
CALGARY, Alberta, Feb. 20, 2025 (GLOBE NEWSWIRE) -- Cenovus Energy Inc. (TSX: CVE) (NYSE: CVE) today announced its fourth-quarter and full-year 2024 financial and operating results. In the quarter, the company generated over $2.0 billion in cash from operating activities, $1.6 billion of adjusted funds flow and $123 million of free funds flow. The Upstream business continued to deliver strong performance, with production of 816,000 barrels of oil equivalent per day (BOE/d)1 in the quarter, including a new quarterly Oil Sands production record of 628,500 BOE/d. In the Downstream, total crude throughput increased by almost 24,000 barrels per day (bbls/d) from the previous quarter to 666,700 bbls/d, representing an aggregate utilization rate of 93%.
globenewswire.com
- 3 weeks ago
Stay Ahead of the Game With Cenovus (CVE) Q4 Earnings: Wall Street's Insights on Key Metrics
Evaluate the expected performance of Cenovus (CVE) for the quarter ended December 2024, looking beyond the conventional Wall Street top-and-bottom-line estimates and examining some of its key metrics for better insight.
zacks.com
- 3 weeks ago
Wall Street's Insights Into Key Metrics Ahead of Cenovus (CVE) Q4 Earnings
Besides Wall Street's top -and-bottom-line estimates for Cenovus (CVE), review projections for some of its key metrics to gain a deeper understanding of how the company might have fared during the quarter ended December 2024.
zacks.com
- 3 weeks ago
8. Profile
Summary
Cenovus Energy Inc. CVE
COUNTRY
CA
INDUSTRY
Oil & Gas Integrated
MARKET CAP
$ 23.6 B
Dividend Yield
0.86%
Description
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 conventional heavy oil assets The Conventional segment holds assets primarily located in Elmworth-Wapiti, Kaybob-Edson, Clearwater, and Rainbow Lake operating in Alberta and British Columbia, as well as interests in various natural gas processing facilities. The offshore segment engages in the exploration and development activities. The Canadian Manufacturing segment includes the owned and operated Lloydminster upgrading and asphalt refining complex, which upgrades heavy oil and bitumen into synthetic crude oil, diesel fuel, asphalt, and other ancillary products, as well as owns and operates the Bruderheim crude-by-rail terminal and two ethanol plants. The U.S. Manufacturing segment comprises the refining of crude oil to produce diesel, gasoline, jet fuel, asphalt, and other products. The Retail segment consists of marketing of its own and third-party refined petroleum products through retail, commercial, and bulk petroleum outlets, as well as wholesale channels. Cenovus Energy Inc. was founded in 2009 and is headquartered in Calgary, Canada.
Contact
225, 6 Avenue South West, Calgary, AB, T2P 0M5
https://www.cenovus.com
IPO
Date
Nov. 17, 2009
Employees
7150
Officers
Mr. Jonathan M. McKenzie CA
President, Chief Executive Officer & Non-Independent Director
Mr. Kam S. Sandhar CA
Executive Vice President & Chief Financial Officer
Mr. Alexander J. Pourbaix
Executive Chair