ducovest

CVE:CA:TSX-Cenovus Energy Inc. (CAD)

EQUITY | Oil & Gas Integrated | Toronto Stock Exchange

Last Closing

CAD 22.04

Change

+0.25 (+1.15)%

Market Cap

CAD 16.85B

Volume

4.16M

Analyst Target

CAD 7.76
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.

Company Website : http://www.cenovus.com

Currency: CAD

Country : Canada

Unadjusted Closing Price

Adjusted Closing Price

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2025-01-02 )

Largest Industry Peers for Oil & Gas Integrated

Symbol Name Price(Change) Market Cap
SU:CA Suncor Energy Inc

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 CAD 62.35B
IMO:CA Imperial Oil Ltd

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 CAD 46.38B
CVE-PA:CA Cenovus Energy Inc Preferred S..

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CVE-PB:CA Cenovus Energy Inc Preferred S..

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CVE-PE:CA Cenovus Energy Inc Preferred S..

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CVE-PG:CA Cenovus Energy Inc Preferred S..

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CVE-PC:CA Cenovus Energy Inc Preferred S..

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ETFs Containing CVE:CA

XLF Financial Select Sector S.. 8.04 % 0.13 %

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 USD 47.66B
SEF ProShares Short Financial.. 5.88 % 0.95 %

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SKF ProShares UltraShort Fina.. 5.88 % 0.95 %

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DIVO Amplify CWP Enhanced Divi.. 5.60 % 0.94 %

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 USD 3.78B
OUSA O’Shares U.S. Quality D.. 5.51 % 0.48 %

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 USD 0.80B
SPHQ Invesco S&P 500® Quality.. 5.23 % 0.19 %

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LRGE ClearBridge Large Cap Gro.. 5.07 % 0.59 %

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 USD 0.41B
HBF:CA Harvest Brand Leaders Plu.. 5.00 % 1.16 %

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UYG ProShares Ultra Financial.. 4.90 % 0.95 %

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PXJ Invesco Dynamic Oil & Gas.. 4.86 % 0.63 %

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 USD 0.04B
USMC Principal U.S. Mega-Cap E.. 4.81 % 0.12 %

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 USD 2.61B
IVFGC 4.78 % 0.00 %

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SIZE iShares MSCI USA Size Fac.. 4.70 % 0.15 %

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 USD 0.32B
XES SPDR® S&P Oil & Gas Equi.. 4.65 % 0.35 %

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OIH VanEck Oil Services ETF 4.58 % 0.35 %

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 USD 1.39B
VFH Vanguard Financials Index.. 4.52 % 0.10 %

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 USD 11.44B
QUAL iShares MSCI USA Quality .. 4.52 % 0.15 %

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 USD 49.82B
ZWA:CA BMO Covered Call Dow Jone.. 4.33 % 0.72 %

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 CAD 0.21B
ZDJ:CA BMO Dow Jones Industrial .. 4.30 % 0.26 %

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 CAD 0.44B
ETHI:CA Global X Global Sustainab.. 4.23 % 0.74 %

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 CAD 0.11B
ZUQ:CA BMO MSCI USA High Quality.. 4.08 % 0.32 %

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 CAD 1.22B
CACG 4.02 % 0.53 %

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WBIL WBI BullBear Quality 3000.. 3.74 % 1.07 %

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 USD 0.04B
UDOW ProShares UltraPro Dow30 3.52 % 0.95 %

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 USD 0.91B
PFI Invesco DWA Financial Mom.. 3.51 % 0.60 %

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 USD 0.08B
EDOW First Trust Dow 30 Equal .. 3.44 % 0.50 %

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 USD 0.23B
PWB Invesco Dynamic Large Cap.. 3.41 % 0.55 %

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WOMN:CA BMO Women In Leadership F.. 3.34 % 0.39 %

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 CAD 7.81M
DVOL First Trust Dorsey Wright.. 3.27 % 0.60 %

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 USD 0.06B
YLDE ClearBridge Dividend Stra.. 2.91 % 0.59 %

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 USD 0.05B
ZGQ:CA BMO MSCI All Country Worl.. 2.81 % 0.50 %

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 CAD 0.89B
EVSTC 2.74 % 0.00 %

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VIG Vanguard Dividend Appreci.. 2.59 % 0.06 %

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WOMN Impact Shares YWCA Women'.. 2.56 % 0.00 %

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 USD 0.07B
PFM Invesco Dividend Achiever.. 2.40 % 0.54 %

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 USD 0.71B
MGK Vanguard Mega Cap Growth .. 2.27 % 0.07 %

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PHE:CA Purpose Tactical Hedged E.. 2.25 % 0.95 %

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 CAD 4.04M
ESG FlexShares STOXX US ESG S.. 2.24 % 0.42 %

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 USD 0.16B
VUSE Vident Core U.S. Equity F.. 2.22 % 0.51 %

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 USD 0.60B
TUSB:CA TD Select U.S. Short Term.. 2.12 % 0.28 %

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 CAD 0.01B
KLD iShares MSCI USA ESG Sele.. 1.94 % 0.50 %

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JQUA JPMorgan U.S. Quality Fac.. 1.89 % 0.12 %

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 USD 5.38B
QUS SPDR® MSCI USA Strategic.. 1.87 % 0.15 %

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VUG Vanguard Growth Index Fun.. 1.83 % 0.04 %

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SPXT ProShares S&P 500® ex-Te.. 1.61 % 0.27 %

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 USD 0.17B
AUSF Global X Adaptive U.S. Fa.. 1.60 % 0.27 %

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 USD 0.35B
PRID 1.58 % 0.65 %

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FCRR:CA Fidelity U.S. Dividend fo.. 1.53 % 0.39 %

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 CAD 0.03B
JUST Goldman Sachs JUST U.S. L.. 1.33 % 0.20 %

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 USD 0.44B
QWLD SPDR® MSCI World Strateg.. 1.33 % 0.30 %

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 USD 0.14B
LRGF iShares U.S. Equity Facto.. 1.33 % 0.20 %

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 USD 2.37B
VQT 1.28 % 0.00 %

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XRLV Invesco S&P 500® ex-Rate.. 1.16 % 0.25 %

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SPLV Invesco S&P 500® Low Vol.. 1.15 % 0.25 %

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 USD 7.27B
DWPP 1.12 % 0.60 %

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LKOR FlexShares Credit-Scored .. 0.40 % 0.22 %

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 USD 0.05B
VCSH Vanguard Short-Term Corpo.. 0.13 % 0.07 %

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 USD 34.51B

Market Performance

  Market Performance vs. Industry/Classification (Oil & Gas Integrated) Market Performance vs. Exchange (Toronto Stock Exchange)
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain 1.15% 50% F 76% C+
Dividend Return N/A N/A N/A N/A N/A
Total Return 1.15% 50% F 76% C+
Trailing 12 Months  
Capital Gain 0.64% 13% F 23% F
Dividend Return 3.74% 75% C 52% F
Total Return 4.38% 13% F 23% F
Trailing 5 Years  
Capital Gain 66.59% 67% D+ 79% B-
Dividend Return 15.04% 67% D+ 44% F
Total Return 81.63% 67% D+ 79% B-
Average Annual (5 Year Horizon)  
Capital Gain 54.16% 100% F 94% A
Dividend Return 55.60% 100% F 94% A
Total Return 1.44% 13% F 52% F
Risk Return Profile  
Volatility (Standard Deviation) 68.01% 13% F 13% F
Risk Adjusted Return 81.76% 88% B+ 87% B+
Market Capitalization 16.85B 33% F 96% N/A

Key Financial Ratios

  Ratio vs. Industry/Classification (Oil & Gas Integrated) Ratio vs. Market (Toronto Stock Exchange)
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
Market Value  
Price / Earning Ratio 10.41 75% 67%
Price/Book Ratio 1.30 100% 50%
Price / Cash Flow Ratio 5.12 67% 53%
Price/Free Cash Flow Ratio 4.34 67% 63%
Management Effectiveness  
Return on Equity 12.80% 13% 77%
Return on Invested Capital 12.38% 25% 79%
Return on Assets 5.76% 13% 82%
Debt to Equity Ratio 24.77% 25% 75%

Annual Financials (CAD)

Quarterly Financials (CAD)

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:
Superior risk adjusted returns

This stock has performed well, on a risk adjusted basis, compared to its sector peers(for a hold period of at least 12 months) and is in the top quartile.

Underpriced compared to book value

The stock is trading low compared to its peers on a price to book value basis and is in the top quartile. It may be underpriced but do check its financial performance to make sure there is no specific reason.

Underpriced compared to earnings

The stock is trading low compared to its peers on a price to earning basis and is in the top quartile. It may be underpriced but do check its financial performance to make sure there is no specific reason.

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.

What to not like:
Highly leveraged

The company is in the bottom half compared to its sector peers on debt to equity and is highly leveraged. However, do check the news and look at its sector and management statements. Sometimes this is high because the company is trying to grow aggressively.

Poor return on assets

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

Poor capital utilization

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

Poor return on equity

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

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.

Low Earnings Growth

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

Low Revenue Growth

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