CVE - Cenovus Energy Inc.

NYSE - NYSE Delayed Price. Currency in USD
9.06
+0.15 (+1.68%)
At close: 4:02PM EST
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Previous Close8.91
Open8.95
Bid0.00 x 3200
Ask12.33 x 1100
Day's Range8.91 - 9.13
52 Week Range6.15 - 10.82
Volume2,641,338
Avg. Volume3,677,323
Market Cap11.165B
Beta (3Y Monthly)1.75
PE Ratio (TTM)N/A
EPS (TTM)-0.42
Earnings DateN/A
Forward Dividend & Yield0.19 (2.12%)
Ex-Dividend Date2019-12-12
1y Target Est10.85
  • If You Had Bought Cenovus Energy (TSE:CVE) Stock Five Years Ago, You'd Be Sitting On A 56% Loss, Today
    Simply Wall St.

    If You Had Bought Cenovus Energy (TSE:CVE) Stock Five Years Ago, You'd Be Sitting On A 56% Loss, Today

    While not a mind-blowing move, it is good to see that the Cenovus Energy Inc. (TSE:CVE) share price has gained 12% in...

  • Imperial Oil (IMO) Earnings and Sales Lag Estimates in Q3
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    Imperial Oil (IMO) Earnings and Sales Lag Estimates in Q3

    Imperial Oil (IMO) returns C$512 million to its shareholders through dividends and share buybacks in the third quarter.

  • The 7 Biggest Canadian Natural Gas Companies (CNQ, HSE.TO)
    Investopedia

    The 7 Biggest Canadian Natural Gas Companies (CNQ, HSE.TO)

    Read about the seven biggest Canadian natural gas companies as measured by production volume and learn a little more about their recent performance.

  • Cenovus (CVE) Q3 Earnings Beat Estimates, Revenues Miss
    Zacks

    Cenovus (CVE) Q3 Earnings Beat Estimates, Revenues Miss

    Higher realized crude price from oil sands operations backs Cenovus' (CVE) Q3 numbers.

  • Cenovus Energy (CVE) Q3 Earnings Surpass Estimates
    Zacks

    Cenovus Energy (CVE) Q3 Earnings Surpass Estimates

    Cenovus (CVE) delivered earnings and revenue surprises of 12.50% and -8.99%, respectively, for the quarter ended September 2019. Do the numbers hold clues to what lies ahead for the stock?

  • Reuters

    UPDATE 1-Canada's Cenovus Energy reports quarterly profit on higher crude prices

    Canadian oil producer Cenovus Energy Inc reported a quarterly profit on Thursday compared to a loss a year earlier, as it benefited from higher crude prices because of government-imposed production curbs and a tight leash on costs. Canada's main oil-producing province, Alberta, ordered curtailments on oil production this year to deal with pipeline bottlenecks that had led to a glut in crude storage and record price discounts.

  • Reuters

    Cenovus Energy beats profit estimates on higher oil prices, cost control

    Canada's main oil-producing province, Alberta, ordered curtailments on oil production this year to deal with pipeline bottlenecks that had led to a glut in crude storage and record price discounts. Cenovus, which has gained from a smaller discount on Canadian oil compared to U.S. oil, has been one of the most vocal supporters of the government intervention. The company said average realized crude sales price from its oil sands operations rose 11.3% to C$54.94 per barrel in the third quarter, helped by the smaller discount on Canadian oil and higher crude-by-rail U.S. sales.

  • GlobeNewswire

    Cenovus continues to deliver strong financial and operating performance in Q3

    Cenovus Energy Inc. (CVE.TO) (CVE.TO) continued to deliver on its commitments to shareholders in the third quarter of 2019. Building on its excellent performance in the first half of 2019, Cenovus continued to benefit from its low cost structure and ongoing focus on capital discipline as well as from further progress in improving its market access position.

  • GlobeNewswire

    Cenovus to hold conference call and webcast on third-quarter 2019 results

    CALGARY, Alberta, Oct. 24, 2019 -- Cenovus Energy Inc. (TSX: CVE) (NYSE: CVE) will release its third-quarter 2019 results on Thursday, October 31, 2019. The news release will.

  • Moody's

    Cenovus Energy Inc. -- Moody's announces completion of a periodic review of ratings of Cenovus Energy Inc.

    Announcement of Periodic Review: Moody's announces completion of a periodic review of ratings of Cenovus Energy Inc. Toronto, October 24, 2019 -- Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of Cenovus Energy Inc. and other ratings that are associated with the same analytical unit. The review was conducted through a portfolio review in which Moody's assessed the appropriateness of the ratings in the context of the relevant principal methodology(ies), recent developments, and a comparison of the financial and operating profile to similarly rated peers, which was followed by a rating committee.

  • Cenovus Energy (CVE) Earnings Expected to Grow: Should You Buy?
    Zacks

    Cenovus Energy (CVE) Earnings Expected to Grow: Should You Buy?

    Cenovus (CVE) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

  • Moody's

    Cenovus Energy Inc. -- Moody's changes Cenovus' outlook to positive

    Moody's Investors Service (Moody's) changed Cenovus Energy Inc.'s (Cenovus) outlook to positive from stable. "The change in outlook reflects the significant amount of debt reduction that Cenovus has and should achieve leading to solid credit metrics", said Paresh Chari Moody's analyst.

  • Calculating The Fair Value Of Cenovus Energy Inc. (TSE:CVE)
    Simply Wall St.

    Calculating The Fair Value Of Cenovus Energy Inc. (TSE:CVE)

    Does the October share price for Cenovus Energy Inc. (TSE:CVE) reflect what it's really worth? Today, we will estimate...

  • Is Cenovus Energy Inc (CVE) A Good Stock To Buy?
    Insider Monkey

    Is Cenovus Energy Inc (CVE) A Good Stock To Buy?

    While the market driven by short-term sentiment influenced by the accomodative interest rate environment in the US, increasing oil prices and deteriorating expectations towards the resolution of the trade war with China, many smart money investors kept their cautious approach regarding the current bull run in the second quarter and hedging or reducing many of […]

  • Oil & Gas Stock Roundup: ExxonMobil & Shell's Q3 Updates, ConocoPhillips' Dividend Hike
    Zacks

    Oil & Gas Stock Roundup: ExxonMobil & Shell's Q3 Updates, ConocoPhillips' Dividend Hike

    ExxonMobil (XOM) and Royal Dutch Shell (RDS.A) issued updates on their upcoming Q3 earnings. Meanwhile, ConocoPhillips (COP) announced a 38% dividend hike combined with a $3 billion share repurchase.

  • Cenovus (CVE) Hikes Q4 Dividend & Lowers 2019 Capital Budget
    Zacks

    Cenovus (CVE) Hikes Q4 Dividend & Lowers 2019 Capital Budget

    Cenovus (CVE) says that its operations, as a whole, are strong enough to generate significant fund flow that will help it lower debt burden.

  • Reuters

    Oil producer Cenovus cuts full-year spending forecast, raises dividend

    Investors have generally punished companies that increased spending on drilling instead of returning cash to shareholders. "In this business balance sheet strength is absolutely imperative," Cenovus CEO Alex Pourbaix said at the company's investor day in Toronto, adding the focus would be on generating substantial free funds flow and increasing returns to shareholders. Cenovus, whose 2019 capital expenditure forecast was already below last year's spending, said its five-year plan will focus on growing its cumulative free funds flow to C$11 billion, while increasing production by 2% to 3% yearly to reach 550,000 barrels of oil equivalent (BOE) per day by the end of 2024.

  • Reuters

    UPDATE 1-Cenovus cuts full-year spending forecast, boosts dividend

    Oil and gas producer Cenovus Energy Inc on Wednesday lowered its spending forecast for the year and said will raise its quarterly dividend, as it focuses on giving more money back to shareholders. Oil and gas companies have been pressed hard by investors to scale back spending and show more returns, clean up their balance sheets and boost cash flow as oil prices remain volatile with ongoing global trade uncertainties. Cenovus said its five-year plan will focus on growing its cumulative free funds flow to C$11 billion, while increasing production by 2% to 3% per year.

  • GlobeNewswire

    Cenovus positioned for $11 billion of cumulative free funds flow through 2024

    Cenovus Energy Inc. (CVE.TO) (CVE.TO) today announced its updated corporate strategy and five-year business plan. Building on the company’s excellent financial performance in the first half of 2019, Cenovus’s strategy through 2024 will focus on sustainably growing shareholder returns and further reducing net debt. The five-year business plan allows for disciplined production growth at Cenovus’s best-in-class oil sands assets, subject to improved market access, and provides potential for cumulative free funds flow of approximately $11 billion at mid-cycle West Texas Intermediate (WTI) prices averaging between US$57 and US$60 per barrel (bbl).

  • GlobeNewswire

    Cenovus to webcast Investor Day 2019

    CALGARY, Alberta, Sept. 25, 2019 -- Cenovus Energy Inc. (TSX: CVE) (NYSE: CVE) will hold its 2019 Investor Day in Toronto on Wednesday, October 2, 2019 with presentations.

  • Moody's

    Borger Energy Associates, L.P. -- Moody's upgrades Borger Energy Associates, L.P. to Ba3 from B1; outlook stable

    Moody's Investors Service ("Moody's") today upgraded the senior secured rating for Borger Energy Associates, L.P. (Borger) to Ba3 from B1. Borger's rating upgrade is driven by the renewal of its Steam Sales Agreement (SSA) on favorable terms with its steam offtaker, WRB Refining LP (WRB). The SSA, which was set to expire this year, has been extended for five years to June 2024.

  • Why Is Cenovus (CVE) Down 9.6% Since Last Earnings Report?
    Zacks

    Why Is Cenovus (CVE) Down 9.6% Since Last Earnings Report?

    Cenovus (CVE) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.

  • Will Canada's Extended Oil Cut Plan Boost the Energy Sector?
    Zacks

    Will Canada's Extended Oil Cut Plan Boost the Energy Sector?

    With pipeline crisis in Canada not likely to resolve anytime soon, the oil curtailment program has been extended through 2020-end.