Cenovus Energy Inc. (CVE)
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- symbol CVE
- Rev/Share 30.7293
- Book/Share 16.1514
- PB 1.5103
- Debt/Equity 0.3566
- CurrentRatio 1.324
- ROIC 0.0621
- MktCap 43882614367.65
- FreeCF/Share 1.6334
- PFCF 14.7505
- PE 16.5942
- Debt/Assets 0.1879
- DivYield 0.0308
- ROE 0.0901
- Rating A-
- Score 4
- Recommendation Buy
- P/E Score 3
- DCF Score 5
- P/B Score 3
- D/E Score 1
Recent Analyst Ratings
| Type | Ticker | Analyst Firm | Previous Rating | Current Rating | Previous Price Target | Current Price Target | Date |
|---|---|---|---|---|---|---|---|
| Downgrade | CVE | National Bank Financial | Outperform | Sector Perform | -- | -- | Feb. 21, 2025 |
News
Cenovus Energy's Partnership with Skills/Compétences Canada highlights commitment to Youth Development in Skilled Trades and Technologies
Published: April 22, 2025 by: GlobeNewsWire
Sentiment: Neutral
Cenovus Continues its Multi-Year Support of the Skills Canada National Competition Cenovus Continues its Multi-Year Support of the Skills Canada National Competition
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Cenovus Energy: Free Cash Flow Is Second Half Loaded
Published: March 24, 2025 by: Seeking Alpha
Sentiment: Negative
The Series 5 preferred will be redeemed. This cuts the amount of preferred outstanding roughly in half when combined with the Series 3 redemption. The net debt level needs to decline to the C$4 billion level again. The capital budget is front end loaded. Therefore, free cash flow will be higher in the second half of the fiscal year.
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Cenovus Energy announces redemption of Series 5 Preferred Shares
Published: February 27, 2025 by: GlobeNewsWire
Sentiment: Neutral
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.
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Cenovus Energy Q4 Earnings & Revenues Miss Estimates
Published: February 26, 2025 by: Zacks Investment Research
Sentiment: Negative
CVE's Q4 earnings and revenues lag estimates on lower contributions from key units. Both the top and bottom lines decrease year over year.
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Cenovus Energy Inc. (CVE) Q4 2024 Earnings Call Transcript
Published: February 20, 2025 by: Seeking Alpha
Sentiment: Neutral
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 …
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Cenovus Announces Fourth-Quarter and Full-Year 2024 Results
Published: February 20, 2025 by: GlobeNewsWire
Sentiment: Neutral
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) …
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Cenovus to hold fourth-quarter and full-year conference call and webcast on February 20
Published: February 13, 2025 by: GlobeNewsWire
Sentiment: Neutral
CALGARY, Alberta, Feb. 13, 2025 (GLOBE NEWSWIRE) -- Cenovus Energy Inc. (TSX:CVE) (NYSE:CVE) will release its fourth-quarter and full-year 2024 results on Thursday, February 20, 2025. The news release will provide consolidated fourth-quarter operating and financial information. The company's financial statements will be available on Cenovus's website, cenovus.com.
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Cenovus Energy (CVE) Beats Stock Market Upswing: What Investors Need to Know
Published: February 11, 2025 by: Zacks Investment Research
Sentiment: Positive
In the closing of the recent trading day, Cenovus Energy (CVE) stood at $15.50, denoting a +1.97% change from the preceding trading day.
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About Cenovus Energy Inc. (CVE)
- IPO Date 2009-11-17
- Website https://www.cenovus.com
- Industry Oil & Gas Integrated
- CEO Jonathan M. McKenzie CA
- Employees 7150