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Cenovus Energy Inc (TSE:CVE)
TSX:CVE

Cenovus Energy Stock Analysis & Ratings

TSE:CVE Stock Chart & Stats

Day’s RangeC$0 - C$0
52-Week Range― - ―
Previous CloseC$24.49
Volume7.20M
Average Volume (3M)8.80M
Market CapN/A
Enterprise ValueN/A
P/E Ratio24.7
Beta0.63
Next EarningsJul 28, 2022
Dividend Yield0.15 (0.43%)
Smart Score9


Financials

Yearly

P/E Ratio Range

The price to earnings ratio. This is used by investors to assess a stock’s market price relative to its earnings.

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TSE:CVE FAQ

What was Cenovus Energy’s price range in the past 12 months?
Currently, no data Available
What is Cenovus Energy’s market cap?
Currently, no data Available
What is Cenovus Energy’s price target?
The average price target for Cenovus Energy is C$31.37. This is based on 12 Wall Streets Analysts 12-month price targets, issued in the past 3 months.
The highest analyst price target is C$41.00 ,the lowest forecast is C$24.48. The average price target represents 28.08% Increase from the current price of C$24.49.
    What do analysts say about Cenovus Energy?
    Cenovus Energy’s analyst rating consensus is a ‘Strong Buy. This is based on the ratings of 12 Wall Streets Analysts.
      When is Cenovus Energy’s upcoming earnings report date?
      Cenovus Energy’s upcoming earnings report date is Jul 28, 2022 which is in 27 days.
        How were Cenovus Energy’s earnings last quarter?
        Cenovus Energy released its earnings results on Apr 27, 2022. The company reported C$0.79 earnings per share for the quarter, beating the consensus estimate of C$0.526 by C$0.264.
          Is Cenovus Energy overvalued?
          According to Wall Street analysts Cenovus Energy’s price is currently Undervalued. Get more investment ideas with TipRanks Premium
            Does Cenovus Energy pay dividends?
            Cenovus Energy pays a Quarterly dividend of C$0.1 which represents an annual dividend yield of 0.43%. Cenovus Energy’s last Quarterly dividend payment was on Jun 30, 2022. Cenovus Energy’s upcoming ex-dividend date is Jun 14, 2022
              What is Cenovus Energy’s EPS estimate?
              Cenovus Energy’s EPS estimate is C$1.04.
                How many shares outstanding does Cenovus Energy have?
                Cenovus Energy has 1,971,975,000 shares outstanding.
                  What happened to Cenovus Energy’s price movement after its last earnings report?
                  Cenovus Energy reported an EPS of C$0.79 in its last earnings report, beating expectations of C$0.526. Following the earnings report the stock price went up 10.336%.
                    Which hedge fund is a major shareholder of Cenovus Energy?
                    Among the largest hedge funds holding Cenovus Energy’s share is Hotchkis & Wiley Capital Management LLC. It holds Cenovus Energy’s shares valued at 111M.

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                      Cenovus Energy Stock Analysis

                      Smart Score
                      9
                      Outperform
                      1
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                      3
                      4
                      5
                      6
                      7
                      8
                      9
                      10
                      Price Target
                      C$31.37
                      ▲(28.08% Upside)
                      Strong Buy
                      The Cenovus Energy stock analysis is based on the TipRanks Smart Score which is derived from 8 unique data sets including Analyst recommendations, Crowd Wisdom, Hedge Fund Activity, Media Sentiment and multiple Technical stock factors. The Smart Score is a quantitative, data-driven rating system and does not include human intervention.
                      Learn more about TipRanks Smart Score

                      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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