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Cenovus Energy Inc (DE:CXD)
FRANKFURT:CXD
Cenovus Energy (CXD) Stock Price & Analysis
2 Followers
CXD Stock Chart & Stats
Day’s Range€0 - €0
52-Week Range€13.06 - €20.40
Previous Close€19.55
Volume0.00
Average Volume (3M)486.00
Market Cap
€36.69B
Enterprise Value€41.95B
Total Cash (Recent Filing)C$2.23B
Total Debt (Recent Filing)C$9.95B
Price to Earnings (P/E)N/A
Beta0.51
Next Earnings
Apr 24, 2024EPS Estimate
€0.33Last Dividend Ex-Date
Mar 14, 2024Dividend Yield1.99%
Share Statistics
EPS (TTM)N/A
Shares Outstanding1,866,489,724
10 Day Avg. Volume177
30 Day Avg. Volume486
Standard DeviationN/A
R-SquaredN/A
AlphaN/A
Financial Highlights & Ratios
Price to Book (P/B)2.12
Price to Sales (P/S)0.66
Price to Cash Flow (P/CF)4.50
P/FCF Ratio4.40
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
€22.46Price Target Upside14.88% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering12
Cenovus Energy News
Bulls Say, Bears Say
Bulls Say
Financial PerformanceCenovus anticipates generating substantial cumulative free cash flow, which could potentially be returned to shareholders.
Operational EfficiencyCenovus is implementing reliability initiatives that are anticipated to enhance downstream operating margins.
Stock ValuationThe company's shares are currently relatively inexpensive compared to its peers, indicating potential for share price appreciation.
Bears Say
Financial PerformanceDownstream operations faced challenges with lower-than-anticipated results for the quarter.
Operational ChallengesCVE has faced one problem after another in its downstream assets, focusing on improving reliability/utilization/margin capture.
Production GuidanceCVE guides for '24 production at 770-810mboepd, with the midpoint of 790mboepd slightly lower than JEFe at 802mboepd and Cons at 800mboepd.
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Options Prices
Currently, No data available
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Ownership Overview
0.00% Insiders
0.00% Mutual Funds
0.55% Other Institutional Investors
99.45% Public Companies and
Individual Investors
CXD FAQ
What was Cenovus Energy Inc’s price range in the past 12 months?
Cenovus Energy Inc lowest stock price was €13.06 and its highest was €20.40 in the past 12 months.
What is Cenovus Energy Inc’s market cap?
Currently, no data Available
When is Cenovus Energy Inc’s upcoming earnings report date?
Cenovus Energy Inc’s upcoming earnings report date is Apr 24, 2024 which is 2 days ago.
How were Cenovus Energy Inc’s earnings last quarter?
Cenovus Energy Inc released its earnings results on Feb 15, 2024. The company reported €0.265 earnings per share for the quarter, beating the consensus estimate of €0.229 by €0.036.
Is Cenovus Energy Inc overvalued?
According to Wall Street analysts Cenovus Energy Inc’s price is currently Undervalued.
Does Cenovus Energy Inc pay dividends?
Cenovus Energy Inc pays a Quarterly dividend of €0.1 which represents an annual dividend yield of 1.99%. See more information on Cenovus Energy Inc dividends here
What is Cenovus Energy Inc’s EPS estimate?
Cenovus Energy Inc’s EPS estimate is €0.33.
How many shares outstanding does Cenovus Energy Inc have?
Currently, no data Available
What happened to Cenovus Energy Inc’s price movement after its last earnings report?
Cenovus Energy Inc reported an EPS of €0.265 in its last earnings report, beating expectations of €0.229. Following the earnings report the stock price went down -0.551%.
Which hedge fund is a major shareholder of Cenovus Energy Inc?
Among the largest hedge funds holding Cenovus Energy Inc’s share is Egerton Capital (UK) LLP. It holds Cenovus Energy Inc’s shares valued at 236M.
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Cenovus Energy Stock Smart Score
Outperform
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Strong Buy
Average Price Target:
€22.46 (14.88% Upside)
€22.46 (14.88% Upside)
Blogger Sentiment
Bullish
DE:CXD Sentiment 90%
Sector Average 71%
Sector Average 71%
Insider Transactions
Bought Shares
Worth $2.8M over
the Last 3 Months
the Last 3 Months
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
20.10%
12-Months-Change
Fundamentals
Return on Equity
14.49%
Trailing 12-Months
Asset Growth
-0.84%
Trailing 12-Months
Company Description
Cenovus Energy Inc
Cenovus Energy, Inc. engages in gas and oil provisions. Its activities include development, production, and marketing of crude oil, natural gas liquids (NGLS), and natural gas in Canada. It operates through four segments: Oil Sands, Deep Basin, Refining & Marketing, and Corporate & Eliminations. The Oil sands segment includes the development and production of bitumen in northeast Alberta including Foster Creek, Christina Lake and Narrows Lake as well as projects in the early stages of development. The Deep Basin segment includes includes land primarily in the Elmworth-Wapiti, Kaybob-Edson, and Clearwater operating areas. The Refining and Marketing segment provides transportation and selling of crude oil, antural gas and NGLS. The Corporate and Eliminations segment includes unrealized gains and losses recorded on derivative financial instruments, divestiture of assets, as well as other administrative, financing activities and research costs. The company was founded in 1881 and is headquartered in Calgary, Canada.
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CXD Company Deck
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CXD Earnings Call
Q4 2024
0:00 / 0:00
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CXD Stock 12 Months Forecast
Average Price Target
€22.46
▲(14.88% Upside)
Technical Analysis
Best Analysts Covering CXD
1 Year
1 Year Success Rate
16/21 ratings generated profit
1 Year Average Return
+40.03%
reiterated a buy rating 8 days ago
Copying Travis Wood's trades and holding each position for 1 Year would result in 76.19% of your transactions generating a profit, with an average return of +40.03% per trade.
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