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How to buy Cenovus Energy (CVE) stocks

Learn how to easily invest in Cenovus Energy stocks.

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$18.43 – a decrease of 1.08% over the previous week. Cenovus Energy employs 2,413 staff and has a trailing 12-month revenue of around C$35.9 billion.

How to buy shares in Cenovus Energy

  1. Compare share trading platforms. Use our comparison table to help you find a platform that fits you.
  2. Open your brokerage account. Complete an application with your details.
  3. Confirm your payment details. Fund your account.
  4. Research the stock. Find the stock by name or ticker symbol – CVE – and research it before deciding if it's a good investment for you.
  5. Purchase now or later. Buy your desired number of shares with a market order or use a limit order to delay your purchase until the stock reaches a desired price.
  6. Check in on your investment. Optimize your portfolio by tracking your stock.

Cenovus Energy stock price (TO:CVE)

Use our graph to track the performance of CVE stocks over time.

Cenovus Energy shares at a glance

Information last updated 2022-01-25.
Latest market closeC$18.38
52-week rangeC$7.07 - C$19.23
50-day moving average C$16.23
200-day moving average C$12.57
Wall St. target priceC$20.76
PE ratio 40.4828
Dividend yield C$0.052 (0.8%)
Earnings per share (TTM) C$0.44

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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$18.38 from 2022-01-25

1 week (2022-01-19) -1.08%
1 month (2021-12-24) 19.74%
3 months (2021-10-26) 24.95%
6 months (2021-07-26) 78.27%
1 year (2021-01-26) 151.09%
2 years (2020-01-24) 59.41%
3 years (2019-01-25) 78.79%
5 years (2017-01-26) 18.57

Is Cenovus Energy under- or over-valued?

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 P/E ratio

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 40x. In other words, Cenovus Energy shares trade at around 40x recent earnings.

Cenovus Energy's PEG ratio

Cenovus Energy's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 0.28. 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.

Cenovus Energy's EBITDA

Cenovus Energy's EBITDA (earnings before interest, taxes, depreciation and amortisation) is C$5.9 billion.

The EBITDA is a measure of a Cenovus Energy's overall financial performance and is widely used to measure a its profitability.

Cenovus Energy financials

Revenue TTM C$35.9 billion
Operating margin TTM 5.9%
Gross profit TTM C$1.2 billion
Return on assets TTM 3.04%
Return on equity TTM 4.07%
Profit margin 2.35%
Book value C$11.82
Market capitalisation C$35.5 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

3%

Dividend payout ratio: 2.92% of net profits

Recently Cenovus Energy has paid out, on average, around 2.92% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 0.8% 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 0.8% return on their shares, in the form of dividend payments. In Cenovus Energy's case, that would currently equate to about C$0.052 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 30 December 2021. The latest dividend was paid out to all shareholders who bought their shares by 13 December 2021 (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$7.0697 up to C$19.23. 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 3.6755. 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, and markets crude oil, natural gas liquids, and natural gas in Canada, the United States and the Asia Pacific region. The company operates through Oil Sands, Conventional, 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 Conventional 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 and sells crude oil, natural gas, and NGLs.

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