CVE - Cenovus Energy - Stock Price & Dividends

Exchange: Toronto Exchange • Country: Canada • Currency: CAD • Type: Common Stock • ISIN: CA15135U1093

Crude Oil, Natural Gas, Refined Petroleum Products, Bitumen, Heavy Oil

Cenovus Energy Inc. is a leading Canadian energy company that explores, produces, refines, and markets a diverse range of energy products. With operations spanning across Canada and internationally, the company is a significant player in the global energy industry.

The company's Oil Sands segment is a key driver of its business, with a focus on developing and producing heavy oil and bitumen in northern Alberta and Saskatchewan. This segment boasts an impressive portfolio of assets, including the Foster Creek, Christina Lake, and Sunrise projects, as well as Lloydminster thermal and conventional heavy oil assets.

In addition to its Oil Sands operations, Cenovus also has a significant presence in conventional energy production. Its Conventional segment holds a diverse range of natural gas liquids and natural gas assets, primarily located in Alberta and British Columbia. This segment also has interests in various natural gas processing facilities, further diversifying its energy portfolio.

Cenovus also has an offshore segment, which is engaged in exploration, development, and production activities in China and the East Coast of Canada. This segment provides a strategic foothold for the company in international markets, further expanding its global reach.

In terms of refining and processing, Cenovus has a significant presence in Canada and the United States. Its Canadian Refining segment owns and operates the Lloydminster upgrading and asphalt refining complex, which converts heavy oil and bitumen into a range of products, including synthetic crude oil, diesel, asphalt, and other ancillary products. The company also operates the Bruderheim crude-by-rail terminal and ethanol plants.

In the United States, Cenovus' U.S. Refining segment refines crude oil to produce a range of products, including gasoline, diesel, jet fuel, asphalt, and other petroleum products. This segment provides a strategic presence in the U.S. market, further diversifying the company's energy portfolio.

Headquartered in Calgary, Canada, Cenovus Energy Inc. is a leading player in the global energy industry, with a diverse range of energy products and operations spanning across Canada and internationally. For more information, visit their website at https://www.cenovus.com.

Drawdown (Underwater) Chart

Drawdown / Underwater Chart for CVE - Cenovus Energy  - Stock Price & Dividends

Overall Trend and Yearly Seasonality

Drawdown / Underwater Chart for CVE - Cenovus Energy  - Stock Price & Dividends

CVE Stock Overview

Market Cap in USD 36,824m
Sector Energy
Industry Oil & Gas Integrated
GiC SubIndustry Integrated Oil & Gas
TER 0.00%
IPO / Inception

CVE Stock Ratings

Growth 5y 53.1
Fundamental 16.6
Dividend 64.44
Rel. Performance vs Sector 1.62
Analysts -
Fair Price Momentum 26.03 CAD
Fair Price DCF 75.84 CAD

CVE Dividends

Dividend Yield 12m 2.71%
Yield on Cost 5y 6.44%
Dividends CAGR 5y 19.83%
Payout Consistency 88.7%

CVE Growth Ratios

Growth 12m 22.55%
Growth Correlation 12m 16%
Growth Correlation 3m -49%
CAGR 5y 18.94%
CAGR/Mean DD 5y 0.82
Sharpe Ratio 12m 0.67
Alpha vs SP500 12m -6.77
Beta vs SP500 5y weekly 1.14
ValueRay RSI 52.39
Volatility GJR Garch 1y 24.64%
Price / SMA 50 0.93%
Price / SMA 200 8.73%
Current Volume 2159.3k
Average Volume 20d 6675.7k

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What is the price of CVE stocks?
As of July 14, 2024, the stock is trading at CAD 27.15 with a total of 2,159,304 shares traded.
Over the past week, the price has changed by +1.38%, over one month by +3.89%, over three months by -4.75% and over the past year by +25.52%.
What are the forecast for CVE stock price target?
According to ValueRays Forecast Model, CVE Cenovus Energy will be worth about 28.9 in July 2025. The stock is currently trading at 27.15. This means that the stock has a potential upside of +6.56%.
Issuer Forecast Upside
Wallstreet Target Price 33.7 24.3
Analysts Target Price - -
ValueRay Target Price 28.9 6.56