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Cenovus Energy Inc is an oil & gas integrated business based in the US. Cenovus Energy shares (CVE) are listed on the NYSE and all prices are listed in US Dollars. Cenovus Energy employs 2,361 staff and has a market cap (total outstanding shares value) of USD$4.5 billion.
|52-week range||USD$1.41 - USD$10.52|
|50-day moving average||USD$4.0831|
|200-day moving average||USD$4.2146|
|Wall St. target price||USD$10.85|
|Dividend yield||USD$0.18 (6.28%)|
|Earnings per share (TTM)||USD$-0.424|
The value of any investment can go up or down depending on news, trends and market conditions. We are not investment advisers, so do your own due diligence to understand the risks before you invest.
The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.
This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.
Valuing Cenovus Energy stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Cenovus Energy's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
Cenovus Energy's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 27x. In other words, Cenovus Energy shares trade at around 27x recent earnings.
That's comparable to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29).
Cenovus Energy's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 0.45. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.
The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into Cenovus Energy's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.
|Gross profit TTM||USD$4.5 billion|
|Return on assets TTM||-2.82%|
|Return on equity TTM||-9.53%|
|Market capitalisation||USD$4.5 billion|
TTM: trailing 12 months
There are currently 19.0 million Cenovus Energy shares held short by investors – that's known as Cenovus Energy's "short interest". This figure is 5.4% down from 20.1 million last month.
There are a few different ways that this level of interest in shorting Cenovus Energy shares can be evaluated.
Cenovus Energy's "short interest ratio" (SIR) is the quantity of Cenovus Energy shares currently shorted divided by the average quantity of Cenovus Energy shares traded daily (recently around 5.1 million). Cenovus Energy's SIR currently stands at 3.7. In other words for every 100,000 Cenovus Energy shares traded daily on the market, roughly 3700 shares are currently held short.
However Cenovus Energy's short interest can also be evaluated against the total number of Cenovus Energy shares, or, against the total number of tradable Cenovus Energy shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case Cenovus Energy's short interest could be expressed as 0.02% of the outstanding shares (for every 100,000 Cenovus Energy shares in existence, roughly 20 shares are currently held short) or 0% of the tradable shares (for every 100,000 tradable Cenovus Energy shares, roughly 0 shares are currently held short).
Such a low SIR usually points to an optimistic outlook for the share price, with fewer people currently willing to bet against Cenovus Energy.
Find out more about how you can short Cenovus Energy stock.
Environmental, social and governance (known as ESG) criteria are a set of three factors used to measure the sustainability and social impact of companies like Cenovus Energy.
When it comes to ESG scores, lower is better, and lower scores are generally associated with lower risk for would-be investors.
Total ESG risk: 37.69
Socially conscious investors use ESG scores to screen how an investment aligns with their worldview, and Cenovus Energy's overall score of 37.69 (as at 10/01/2020) is pretty weak – landing it in it in the 77th percentile of companies rated in the same sector.
ESG scores are increasingly used to estimate the level of risk a company like Cenovus Energy is exposed to within the areas of "environmental" (carbon footprint, resource use etc.), "social" (health and safety, human rights etc.), and "governance" (anti-corruption, tax transparency etc.).
Environmental score: 22.07/100
Cenovus Energy's environmental score of 22.07 puts it squarely in the 8th percentile of companies rated in the same sector. This could suggest that Cenovus Energy is a leader in its sector terms of its environmental impact, and exposed to a lower level of risk.
Social score: 14.44/100
Cenovus Energy's social score of 14.44 puts it squarely in the 8th percentile of companies rated in the same sector. This could suggest that Cenovus Energy is a leader in its sector when it comes to taking good care of its workforce and the communities it impacts.
Governance score: 12.67/100
Cenovus Energy's governance score puts it squarely in the 8th percentile of companies rated in the same sector. That could suggest that Cenovus Energy is a leader in its sector when it comes to responsible management and strategy, and exposed to a lower level of risk.
Controversy score: 1/5
ESG scores also evaluate any incidences of controversy that a company has been involved in. Cenovus Energy scored a 1 out of 5 for controversy – the highest score possible, reflecting that Cenovus Energy has managed to keep its nose clean.
|Total ESG score||37.69|
|Total ESG percentile||77.3|
|Environmental score percentile||8|
|Social score percentile||8|
|Governance score percentile||8|
|Level of controversy||1|
We're not expecting Cenovus Energy to pay a dividend over the next 12 months.
Over the last 12 months, Cenovus Energy's shares have ranged in value from as little as $1.41 up to $10.52. A popular way to gauge a stock's volatility is its "beta".
Beta is a measure of a share's volatility in relation to the market. The market (NYSE average) beta is 1, while Cenovus Energy's is 3.5954. This would suggest that Cenovus Energy's shares are significantly more volatile than the average for this exchange and represent a higher risk.
Cenovus Energy Inc., together with its subsidiaries, develops, produces, and markets crude oil, natural gas liquids, and natural gas in Canada and the United States. The company operates through Oil Sands, Deep Basin, and Refining and Marketing segments. The Oil Sands segment develops and produces bitumen in northeast Alberta. Its bitumen assets include Foster Creek, Christina Lake, and Narrows Lake, as well as other projects in the early stages of development. The Deep Basin segment holds assets primarily located in Elmworth-Wapiti, Kaybob-Edson, and Clearwater operating areas of British Columbia and Alberta, as well as various interests in natural gas processing facilities. The Refining and Marketing segment transports, sells, and refines crude oil into petroleum and chemical products. This segment owns a 50% ownership in Wood River and Borger refineries located in the United States; and owns and operates a crude-by-rail terminal in Alberta. Cenovus Energy Inc. was founded in 2009 and is headquartered in Calgary, Canada.
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