
Cenovus Energy is an oil & gas integrated business based in Canada. Cenovus Energy stocks (CVE.TO) are listed on the TO and all prices are listed in Canadian Dollars. Its last market close was C$23.51 – an increase of 6% over the previous week. Cenovus Energy employs 5,998 staff and has a trailing 12-month revenue of around C$63 billion.
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What's in this guide?
- Can I buy shares in Cenovus Energy?
- Has coronavirus impacted Cenovus Energy shares?
- Cenovus Energy shares summary
- Compare share dealing platforms
- Is Cenovus Energy stock a buy or sell?
- Cenovus Energy performance over time
- Is Cenovus Energy suitable for ethical investing?
- Are Cenovus Energy shares over-valued?
- Cenovus Energy's financials
- How volatile are Cenovus Energy shares?
- Does Cenovus Energy pay a dividend?
- Other common questions
Cenovus Energy stock price (TO:CVE)
Use our graph to track the performance of CVE stocks over time.Cenovus Energy shares at a glance
Latest market close | C$23.51 |
---|---|
52-week range | C$19.65 - C$30.55 |
50-day moving average | C$22.73 |
200-day moving average | C$24.59 |
Wall St. target price | C$30.37 |
PE ratio | 8.121 |
Dividend yield | C$0.534 (2.52%) |
Earnings per share (TTM) | C$2.81 |
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Is it a good time to buy Cenovus Energy stock?
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.
Cenovus Energy price performance over time
Historical closes compared with the close of C$23.51 from 2023-06-07
1 week (2023-05-31) | 8.39% |
---|---|
1 month (2023-05-08) | 8.24% |
3 months (2023-03-08) | -7.70% |
6 months (2022-12-08) | -4.04% |
1 year (2022-06-08) | -23.64% |
---|---|
2 years (2021-06-08) | 97.23% |
3 years (2020-06-08) | 204.93% |
5 years (2018-06-07) | 80.15% |
Is Cenovus Energy stock undervalued or overvalued?
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 financials
Revenue TTM | C$63 billion |
---|---|
Operating margin TTM | 12.35% |
Gross profit TTM | C$16 billion |
Return on assets TTM | 8.86% |
Return on equity TTM | 20.77% |
Profit margin | 8.67% |
Book value | C$14.37 |
Market capitalisation | C$43.5 billion |
TTM: trailing 12 months
Cenovus Energy's environmental, social and governance track record
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.
Cenovus Energy's total ESG risk score
Total ESG risk: 33.69
Socially conscious investors use ESG scores to screen how an investment aligns with their worldview, and Cenovus Energy's overall score of 33.69 (as at 12/31/2018) is pretty weak – landing it in it in the 73rd 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.).
Cenovus Energy's environmental score
Environmental score: 18.07/100
Cenovus Energy's environmental score of 18.07 puts it squarely in the 4th 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.
Cenovus Energy's social score
Social score: 10.44/100
Cenovus Energy's social score of 10.44 puts it squarely in the 4th 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.
Cenovus Energy's governance score
Governance score: 8.67/100
Cenovus Energy's governance score puts it squarely in the 4th 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.
Cenovus Energy's controversy score
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.
Cenovus Energy share dividends
Dividend payout ratio: 17.09% of net profits
Recently Cenovus Energy has paid out, on average, around 17.09% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 2.52% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Cenovus Energy shareholders could enjoy a 2.52% return on their shares, in the form of dividend payments. In Cenovus Energy's case, that would currently equate to about C$0.534 per share.
While Cenovus Energy's payout ratio might seem low, this can signify that Cenovus Energy is investing more in its future growth.
Cenovus Energy's most recent dividend payout was on 29 June 2023. The latest dividend was paid out to all shareholders who bought their shares by 13 June 2023 (the "ex-dividend date").
Cenovus Energy share price volatility
Over the last 12 months, Cenovus Energy's shares have ranged in value from as little as C$19.6483 up to C$30.5517. 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 (TO average) beta is 1, while Cenovus Energy's is 2.9076. 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 overview
Cenovus Energy Inc. , together with its subsidiaries, develops, produces, refines, transports, and markets crude oil and natural gas in Canada and internationally. The company operates through Oil Sands, Conventional, Offshore, Canadian Manufacturing, and U. S. Manufacturing segments. The Oil Sands segment develops and produces bitumen and heavy oil in northern Alberta and Saskatchewan. This segment assets include Foster Creek, Christina Lake, and Sunrise projects, as well as Lloydminster thermal and conventional heavy oil assets.
Stocks similar to Cenovus Energy
Cenovus Energy in the news
Here's Why Hold Strategy is Apt for Cenovus (CVE) Stock Now
Cenovus (CVE) Resumes Wildfire-Impacted Production in Alberta
Cenovus Energy (CVE) Gains As Market Dips: What You Should Know
Frequently asked questions
Disclaimer: This information should not be interpreted as an endorsement of futures, stocks, ETFs, options or any specific provider, service or offering. It should not be relied upon as investment advice or construed as providing recommendations of any kind. Futures, stocks, ETFs and options trading involves substantial risk of loss and therefore are not appropriate for all investors. Trading forex on leverage comes with a higher risk of losing money rapidly. Past performance is not an indication of future results. Consider your own circumstances, and obtain your own advice, before making any trades.
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