CVE:NYE-Cenovus Energy Inc (USD)

EQUITY | Oil & Gas Integrated | New York Stock Exchange

Last Closing

USD 18.24

Change

0.00 (0.00)%

Market Cap

USD 12.41B

Volume

6.69M

Analyst Target

USD 10.85
Analyst Rating

Verdict

ducovest Verdict

Verdict

About

Cenovus Energy Inc is an integrated oil company. The Company is in the business of developing, producing and marketing crude oil, NGLs and natural gas in Canada with refining operations in the United States.

Unadjusted Closing Price

Adjusted Closing Price

Share Volume

Relative Performance (Total Returns)

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Relative Returns (From:    To: 2024-06-15 )

Largest Industry Peers for Oil & Gas Integrated

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PBR Petroleo Brasileiro Petrobras ..

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EQNR Equinor ASA ADR

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E Eni SpA ADR

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SU Suncor Energy Inc

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ETFs Containing CVE

XLF Financial Select Sector S.. 7.61 % 0.13 %

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USD 38.02B
SXLF:LSE SPDR S&P U.S. Financials .. 7.54 % 0.00 %

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USD 0.37B
IYJ 7.39 % 0.42 %

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ENCC:CA Global X Canadian Oil and.. 7.28 % 0.00 %

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CAD 0.32B
FINZ 5.88 % 0.95 %

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SEF ProShares Short Financial.. 5.88 % 0.95 %

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USD 0.01B
DGRC:CA CI WisdomTree Canada Qual.. 5.52 % 0.24 %

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CAD 0.77B
VFH Vanguard Financials Index.. 5.40 % 0.10 %

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USD 9.02B
PXJ Invesco Dynamic Oil & Gas.. 5.27 % 0.63 %

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USD 0.09B
ZFIN:CA 5.25 % 0.00 %

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ZINN:CA 5.22 % 0.00 %

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JDVI John Hancock Exchange-Tra.. 5.04 % 0.00 %

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USD 0.03B
OIH VanEck Oil Services ETF 4.80 % 0.35 %

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USD 1.74B
IVFGC 4.78 % 0.00 %

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JOYY 4.73 % 0.00 %

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SXQG 6 Meridian Quality Growth.. 4.71 % 0.00 %

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USD 0.04B
UYG ProShares Ultra Financial.. 4.70 % 0.95 %

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USD 0.65B
ZDJ:CA BMO Dow Jones Industrial .. 4.67 % 0.26 %

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CAD 0.39B
ZWA:CA BMO Covered Call Dow Jone.. 4.66 % 0.72 %

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CAD 0.21B
TPAY 4.63 % 0.00 %

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ZINT:CA 4.55 % 0.00 %

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XES SPDR® S&P Oil & Gas Equi.. 4.25 % 0.35 %

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USD 0.26B
QUAL 4.12 % 0.15 %

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SIZE iShares MSCI USA Size Fac.. 4.12 % 0.15 %

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USD 0.30B
ETHI:CA Global X Global Sustainab.. 4.00 % 0.74 %

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CAD 0.11B
HFT:CA 3.98 % 0.00 %

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QMJ 3.94 % 0.00 %

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ZUQ:CA BMO MSCI USA High Quality 3.89 % 0.32 %

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CAD 0.82B
SPHQ Invesco S&P 500® Quality.. 3.86 % 0.19 %

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USD 9.91B
OUSA 3.81 % 0.48 %

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PSWU:LSE 3.51 % 0.00 %

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PWC:PA 3.51 % 0.00 %

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6PSH:F 3.51 % 0.00 %

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6PSH:XETRA 3.51 % 0.00 %

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DUAL 3.41 % 0.00 %

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JHMF 3.39 % 0.47 %

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PFI Invesco DWA Financial Mom.. 3.38 % 0.60 %

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USD 0.06B
VEGN 3.37 % 0.00 %

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DIVC 3.33 % 0.00 %

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PBI:CA Purpose Best Ideas 3.32 % 0.79 %

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CAD 0.01B
IWQU:LSE iShares MSCI World Qualit.. 3.28 % 0.00 %

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USD 3.79B
PQVM:LSE Invesco S&P 500 QVM UCITS.. 3.24 % 0.00 %

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USD 0.03B
VSLU ETF Opportunities Trust -.. 3.21 % 0.00 %

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USD 0.16B
NRES Xtrackers RREEF Global Na.. 3.09 % 0.00 %

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BUZ 2.91 % 0.75 %

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EVSTC 2.74 % 0.00 %

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UDOW ProShares UltraPro Dow30 2.62 % 0.95 %

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USD 0.68B
ZGQ:CA BMO MSCI All Country Worl.. 2.57 % 0.50 %

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CAD 0.68B
UNIC:LSE Amundi MSCI Disruptive Te.. 2.43 % 0.00 %

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USD 0.16B
VIG Vanguard Dividend Appreci.. 2.40 % 0.06 %

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USD 78.38B
FCLH:CA 2.37 % 0.43 %

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FCUL:CA 2.35 % 0.00 %

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FLGE 2.19 % 0.00 %

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PHE:CA Purpose Tactical Hedged E.. 2.15 % 0.95 %

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CAD 3.02M
TUSB-U:CA TD Select U.S. Short Term.. 2.12 % 0.00 %

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CAD 8.25M
MGK Vanguard Mega Cap Growth .. 2.10 % 0.07 %

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USD 21.01B
UESG:LSE 2.08 % 0.00 %

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PFM Invesco Dividend Achiever.. 2.03 % 0.54 %

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USD 0.65B
DXQ:CA Dynamic Active Enhanced Y.. 1.93 % 0.00 %

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CAD 0.56B
XULR:CA 1.92 % 0.00 %

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PXLG 1.90 % 0.39 %

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QUS SPDR® MSCI USA Strategic.. 1.80 % 0.15 %

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USD 1.29B
VUG Vanguard Growth Index Fun.. 1.72 % 0.04 %

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USD 133.12B
JKE iShares Morningstar Growt.. 1.67 % 0.25 %

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USD 2.35B
PRID 1.58 % 0.65 %

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PLC 1.49 % 0.00 %

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FCRR:CA Fidelity U.S. Dividend fo.. 1.49 % 0.39 %

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CAD 0.05B
LESW:F 1.45 % 0.00 %

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LESW:XETRA 1.45 % 0.00 %

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XESW:LSE Xtrackers (IE) Plc - Xtra.. 1.45 % 0.00 %

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USD 6.61B
RWCD 1.30 % 0.00 %

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VQT 1.28 % 0.00 %

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UEQ7:F 1.27 % 0.00 %

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ZWUS:LSE 1.20 % 0.00 %

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USAL:LSE 1.14 % 0.00 %

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USAU:LSE 1.14 % 0.00 %

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DWPP 1.12 % 0.60 %

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QWLD SPDR® MSCI World Strateg.. 1.11 % 0.30 %

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USD 0.13B
ENOA:F BNP Paribas Easy - MSCI N.. 1.05 % 0.00 %

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USD 0.17B
DNRA:F 1.02 % 0.00 %

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DNRA:XETRA 1.02 % 0.00 %

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JGRE:LSE JPMorgan ETFs (Ireland) I.. 1.01 % 0.00 %

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USD 4.65B
UIQM:XETRA 0.96 % 0.00 %

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LKOR 0.40 % 0.22 %

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VCSH Vanguard Short-Term Corpo.. 0.13 % 0.07 %

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USD 33.77B
SCHJ Schwab 1-5 Year Corporate.. 0.09 % 0.00 %

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USD 0.41B
FCOR Fidelity® Corporate Bond.. 0.00 % 0.42 %

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USD 0.22B
FRAK 0.00 % 0.54 %

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HEE:CA 0.00 % 0.84 %

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PR:CA Lysander-Slater Preferred.. 0.00 % 1.03 %

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CAD 0.08B
TPU:CA TD S&P 500 0.00 % 0.11 %

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CAD 1.26B
XEG:CA iShares S&P/TSX Capped En.. 0.00 % 0.61 %

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CAD 1.60B
TDV 0.00 % 0.00 %

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NRAM:LSE 0.00 % 0.00 %

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Market Performance

  Market Performance vs. Industry/Classification (Oil & Gas Integrated) Market Performance vs. Exchange (New York Stock Exchange)
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain 9.55% 75% C 77% C+
Dividend Return 2.00% 36% F 61% D-
Total Return 11.55% 75% C 78% C+
Trailing 12 Months  
Capital Gain 9.55% 56% F 64% D
Dividend Return 2.00% 7% C- 31% F
Total Return 11.55% 50% F 61% D-
Trailing 5 Years  
Capital Gain 109.17% 100% F 87% B+
Dividend Return 12.47% 9% A- 48% F
Total Return 121.65% 100% F 88% B+
Average Annual (5 Year Horizon)  
Capital Gain 48.71% 100% F 95% A
Dividend Return 50.13% 94% A 94% A
Total Return 1.42% 7% C- 33% F
Risk Return Profile  
Volatility (Standard Deviation) 79.02% 19% F 10% F
Risk Adjusted Return 63.43% 63% D 84% B
Market Capitalization 12.41B 38% F 93% A

Key Financial Ratios

  Ratio vs. Industry/Classification (Oil & Gas Integrated) Ratio vs. Market (New York Stock Exchange)
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
Market Value  
Price / Earning Ratio 10.74 56% 73%
Price/Book Ratio 1.90 25% 44%
Price / Cash Flow Ratio 4.84 25% 62%
Price/Free Cash Flow Ratio 4.36 31% 68%
Management Effectiveness  
Return on Equity 16.11% 50% 76%
Return on Invested Capital 12.55% 69% 73%
Return on Assets 7.17% 63% 84%
Debt to Equity Ratio 24.77% 81% 77%

Annual Financials (USD)

Quarterly Financials (USD)

Analyst Rating

Target Price Action Rating Action Analyst Rating Price Date

This is a composite scorecard based on the application of evaluation criteria deemed most important by analysts. This is not a buy or sell recommendation.

What to like:
Low debt

The company is less leveraged than its peers ,, and is among the top quartile, which makes it more flexible. However, do check the news and look at its sector. Sometimes this is low because the company is not growing and has no growth potential.

High dividend returns

The stock has outperformed its sector peers on average annual dividend returns basis in the past 5 years (for a hold period of at least 12 months) and is in the top quartile. This can be a good buy, especially if it is outperforming on total return basis , for investors seeking high income yields.

Positive cash flow

The company had positive total cash flow in the most recent four quarters.

Positive free cash flow

The company had positive total free cash flow in the most recent four quarters.

Superior Earnings Growth

This stock has shown top quartile earnings growth in the previous 5 years compared to its sector.

Superior Revenue Growth

This stock has shown top quartile revenue growth in the previous 5 years compared to its sector.

What to not like:
Poor return on equity

The company management has delivered below median return on equity in the most recent 4 quarters compared to its peers.

Overpriced on cashflow basis

The stock is trading high compared to its peers on a price to cash flow basis. It is priced above the median for its sectors. Proceed with caution if you are considering to buy.

Overpriced compared to book value

The stock is trading high compared to its peers median on a price to book value basis.

Below median total returns

The company has under performed its peers on annual average total returns in the past 5 years.

High volatility

The total returns for this company are volatile and above median for its sector over the past 5 years. Make sure you have the risk tolerance for investing in such stock.

Low market capitalization

This is among the smaller entities in its sectors with below median market capitalization. That may make it less stable in the long run unless it has a unique technology or market which can help it grow or get acquired in future.

Overpriced on free cash flow basis

The stock is trading high compared to its peers on a price to free cash flow basis. It is priced above the median for its sectors. Proceed with caution if you are considering to buy.

Low Dividend Growth

This stock has shown below median dividend growth in the previous 5 years compared to its sector.