cenovus energy inc. - CVE

CVE

Close Chg Chg %
16.17 0.19 1.18%

Open Market

16.36

+0.19 (1.18%)

Volume: 384.89K

Last Updated:

Nov 21, 2024, 9:48 AM EDT

Company Overview: cenovus energy inc. - CVE

CVE Key Data

Open

$16.29

Day Range

16.22 - 16.41

52 Week Range

14.69 - 21.90

Market Cap

$29.52B

Shares Outstanding

1.83B

Public Float

1.28B

Beta

2.07

Rev. Per Employee

N/A

P/E Ratio

11.06

EPS

$1.46

Yield

290.92%

Dividend

$0.13

EX-DIVIDEND DATE

Dec 13, 2024

SHORT INTEREST

N/A

AVERAGE VOLUME

8.16M

 

CVE Performance

1 Week
 
2.75%
 
1 Month
 
-5.20%
 
3 Months
 
-15.75%
 
1 Year
 
-9.17%
 
5 Years
 
78.93%
 

CVE Analyst Ratings

  • Sell
  • Under
  • Hold
  • Over
  • Buy
Number of Ratings 20
Full Ratings ➔

About cenovus energy inc. - CVE

Cenovus Energy, Inc. is a Canadian-based integrated energy company, which engages in the provision of gas and oil. It operates through the following segments: Upstream, Downstream, and Corporate and Eliminations. The Upstream segment refers to operations of oil sands, conventional, and offshore. The Downstream segment operates the Canadian and U.S. refining. The Corporate and Eliminations segment includes the corporates costs for general and administrative. The company was founded in 1881 and is headquartered in Calgary, Canada.

CVE At a Glance

Cenovus Energy, Inc.
225-6th Avenue SW
Calgary, Alberta T2P 1N2
Phone 1-403-766-2000 Revenue 38.68B
Industry Integrated Oil Net Income 3.04B
Sector Energy Minerals Employees 6,925
Fiscal Year-end 12 / 2024
View SEC Filings

CVE Valuation

P/E Current 10.986
P/E Ratio (with extraordinary items) N/A
P/E Ratio (without extraordinary items) 10.518
Price to Sales Ratio 0.834
Price to Book Ratio 1.467
Price to Cash Flow Ratio 5.89
Enterprise Value to EBITDA 5.062
Enterprise Value to Sales 0.995
Total Debt to Enterprise Value 0.196

CVE Efficiency

Revenue/Employee 5,585,357.161
Income Per Employee 439,625.94
Receivables Turnover 16.003
Total Asset Turnover 0.942

CVE Liquidity

Current Ratio 1.563
Quick Ratio 0.914
Cash Ratio 0.359

CVE Profitability

Gross Margin 11.80
Operating Margin 10.482
Pretax Margin 9.557
Net Margin 7.871
Return on Assets 7.414
Return on Equity 14.457
Return on Total Capital 10.388
Return on Invested Capital 10.575

CVE Capital Structure

Total Debt to Total Equity 34.654
Total Debt to Total Capital 25.736
Total Debt to Total Assets 18.446
Long-Term Debt to Equity 33.596
Long-Term Debt to Total Capital 24.499
  • Income Statement
  • Balance Sheet
  • Cash Flow Statement

Annual Financials for Cenovus Energy Inc. - CVE

Collapse All in section
All values USD millions. 2020 2021 2022 2023 5-year trend
Sales/Revenue
9.86B 36.98B 51.39B 38.68B
Sales Growth
-35.16% +274.95% +38.97% -24.73%
Cost of Goods Sold (COGS) incl D&A
10.85B 32.40B 42.66B 34.11B
COGS excluding D&A
- - - -
-
Depreciation & Amortization Expense
1.80B 3.61B 3.49B 3.55B
Depreciation
1.80B 3.61B 3.49B 3.55B
Amortization of Intangibles
- - - -
-
COGS Growth
-20.29% +198.71% +31.68% -20.03%
Gross Income
(984.86M) 4.58B 8.72B 4.56B
Gross Income Growth
-161.50% +564.71% +90.63% -47.69%
Gross Profit Margin
-9.99% +12.38% +16.98% +11.80%
2020 2021 2022 2023 5-year trend
SG&A Expense
204.28M 677.18M 664.44M 509.75M
Research & Development
- - - -
-
Other SG&A
204.28M 677.18M 664.44M 509.75M
SGA Growth
-23.86% +231.50% -1.88% -23.28%
Other Operating Expense
- - - 13.42M
-
Unusual Expense
802.95M 1.99B (69.13M) 222.27M
EBIT after Unusual Expense
(2.01B) 1.91B 8.13B 3.83B
Non Operating Income/Expense
(45.48M) (205.79M) (939.43M) 198.56M
Non-Operating Interest Income
6.71M 18.35M 62.22M 98.54M
Equity in Earnings of Affiliates
- - - -
-
Interest Expense
357.12M 704.30M 494.68M 334.15M
Interest Expense Growth
+4.60% +97.22% -29.76% -32.45%
Gross Interest Expense
357.12M 704.30M 498.52M 348.97M
Interest Capitalized
- - 3.84M 14.82M
-
Pretax Income
(2.41B) 1.00B 6.70B 3.70B
Pretax Income Growth
-328.73% +141.67% +567.24% -44.79%
Pretax Margin
-24.42% +2.71% +13.03% +9.56%
Income Tax
(634.46M) 580.67M 1.75B 689.79M
Income Tax - Current - Domestic
(10.44M) 82.95M 961.71M 771.29M
Income Tax - Current - Foreign
745.54K 137.19M 297.27M 103.73M
Income Tax - Deferred - Domestic
(624.77M) 360.52M 493.14M (185.23M)
Income Tax - Deferred - Foreign
- - - -
-
Income Tax Credits
- - - -
-
Equity in Earnings of Affiliates
- - - -
-
Other After Tax Income (Expense)
- - - -
-
Consolidated Net Income
(1.77B) 468.20M 4.95B 3.04B
Minority Interest Expense
- - - -
-
Net Income
(1.77B) 468.20M 4.95B 3.04B
Net Income Growth
-207.27% +126.40% +958.19% -38.55%
Net Margin Growth
-17.99% +1.27% +9.64% +7.87%
Extraordinaries & Discontinued Operations
- - - -
-
Discontinued Operations
- - - -
-
Net Income After Extraordinaries
(1.77B) 468.20M 4.95B 3.04B
Preferred Dividends
- - 26.88M 26.67M
-
Net Income Available to Common
(1.77B) 468.20M 4.93B 3.02B
EPS (Basic)
-1.4433 0.2322 2.5253 1.5921
EPS (Basic) Growth
-207.26% +116.09% +987.55% -36.95%
Basic Shares Outstanding
1.23B 2.02B 1.95B 1.90B
EPS (Diluted)
-1.4433 0.2289 2.4563 1.5673
EPS (Diluted) Growth
-207.32% +115.86% +973.09% -36.19%
Diluted Shares Outstanding
1.23B 2.05B 2.01B 1.93B
EBITDA
593.45M 7.51B 11.55B 7.61B
EBITDA Growth
-80.55% +1,164.73% +53.83% -34.12%
EBITDA Margin
+6.02% +20.30% +22.47% +19.67%

Snapshot

Average Recommendation BUY Average Target Price 22.471
Number of Ratings 20 Current Quarters Estimate 0.371
FY Report Date 12 / 2024 Current Year's Estimate 1.525
Last Quarter’s Earnings 0.301 Median PE on CY Estimate N/A
Year Ago Earnings 1.57 Next Fiscal Year Estimate 1.553
Median PE on Next FY Estimate N/A

Earnings Per Share

This Quarter Next Quarter This Fiscal Next Fiscal
# of Estimates 8 7 10 10
Mean Estimate 0.37 0.35 1.52 1.55
High Estimates 0.60 0.52 1.75 2.16
Low Estimate 0.29 0.16 1.42 0.85
Coefficient of Variance 27.56 31.33 6.20 28.76

Analysts Recommendations

Current 1 Month Ago 3 Months Ago
BUY 17 17 17
OVERWEIGHT 3 3 3
HOLD 0 0 0
UNDERWEIGHT 0 0 0
SELL 0 0 0
MEAN Buy Buy Buy

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