CVE:NYE-Cenovus Energy Inc (USD)

EQUITY | Oil & Gas Integrated | New York Stock Exchange

Last Closing

USD 21.46

Change

0.00 (0.00)%

Market Cap

USD 12.41B

Volume

7.79M

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: 2024-04-28 )

Largest Industry Peers for Oil & Gas Integrated

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PBR-A Petróleo Brasileiro S.A. - Pe..

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BP BP PLC ADR

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EQNR Equinor ASA ADR

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E Eni SpA ADR

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ETFs Containing CVE

XEG:CA iShares S&P/TSX Capped En.. 12.36 % 0.61 %

-0.18 (1.01%)

CAD 1.85B
ZEO:CA BMO Equal Weight Oil & Ga.. 9.81 % 0.61 %

-0.37 (1.01%)

CAD 0.22B
SXLF:LSE SPDR S&P U.S. Financials .. 7.66 % 0.00 %

-0.10 (1.01%)

USD 0.36B
ENCC:CA Global X Canadian Oil and.. 7.28 % 0.00 %

-0.06 (1.01%)

CAD 0.32B
IYJ 7.22 % 0.42 %

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FINZ 5.88 % 0.95 %

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SKF ProShares UltraShort Fina.. 5.88 % 0.95 %

-0.13 (1.01%)

USD 0.02B
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.. 4.98 % 0.00 %

+0.28 (+1.01%)

USD 0.03B
DIVO Amplify CWP Enhanced Divi.. 4.98 % 0.94 %

+0.08 (+1.01%)

USD 3.13B
IVFGC 4.78 % 0.00 %

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JOYY 4.73 % 0.00 %

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TPAY 4.63 % 0.00 %

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IEZ iShares U.S. Oil Equipmen.. 4.63 % 0.42 %

+0.24 (+1.01%)

USD 0.27B
LRGE ClearBridge Large Cap Gro.. 4.63 % 0.59 %

+0.23 (+1.01%)

USD 0.22B
UYG ProShares Ultra Financial.. 4.60 % 0.95 %

+0.51 (+1.01%)

USD 0.68B
QUAL 4.56 % 0.15 %

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ZINT:CA 4.55 % 0.00 %

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CMGG:CA CI Munro Global Growth Eq.. 4.42 % 0.00 %

+0.12 (+1.01%)

CAD 0.04B
WOMN:CA BMO Women In Leadership F.. 4.24 % 0.39 %

-0.02 (1.01%)

CAD 5.69M
XES SPDR® S&P Oil & Gas Equi.. 4.19 % 0.35 %

+1.38 (+1.01%)

USD 0.29B
HFT:CA 3.98 % 0.00 %

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QMJ 3.94 % 0.00 %

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DYNF BlackRock US Equity Facto.. 3.73 % 0.00 %

+0.25 (+1.01%)

USD 7.31B
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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DIVC 3.33 % 0.00 %

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XDEQ:XETRA Xtrackers MSCI World Qual.. 3.24 % 0.00 %

-0.04 (1.01%)

USD 1.47B
DXQ:CA Dynamic Active Enhanced Y.. 3.19 % 0.00 %

+0.03 (+1.01%)

CAD 0.53B
DVOL First Trust Dorsey Wright.. 3.10 % 0.60 %

+0.04 (+1.01%)

USD 0.05B
UQLT:LSE UBS (Irl) ETF plc - Facto.. 2.98 % 0.00 %

+4.00 (+1.01%)

USD 0.02B
CACG ClearBridge All Cap Growt.. 2.93 % 0.53 %

+0.32 (+1.01%)

USD 0.12B
BUZ 2.91 % 0.75 %

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YLDE ClearBridge Dividend Stra.. 2.79 % 0.59 %

+0.17 (+1.01%)

USD 0.05B
EVSTC 2.74 % 0.00 %

N/A

N/A
VIG Vanguard Dividend Appreci.. 2.43 % 0.06 %

+0.70 (+1.01%)

USD 77.23B
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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WOMN Impact Shares YWCA Women'.. 2.14 % 0.00 %

+0.07 (+1.01%)

USD 0.05B
TUSB:CA TD Select U.S. Short Term.. 2.12 % 0.28 %

N/A

CAD 7.61M
TUSB-U:CA TD Select U.S. Short Term.. 2.12 % 0.00 %

-0.05 (1.01%)

CAD 8.25M
UESG:LSE 2.08 % 0.00 %

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XULR:CA 1.92 % 0.00 %

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PXLG 1.90 % 0.39 %

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TEC:CA TD Global Technology Lead.. 1.90 % 0.00 %

+0.23 (+1.01%)

CAD 2.34B
JQUA JPMorgan U.S. Quality Fac.. 1.88 % 0.12 %

+0.16 (+1.01%)

USD 4.07B
SUSL iShares ESG MSCI USA Lead.. 1.87 % 0.00 %

+0.44 (+1.01%)

USD 1.10B
USSG Xtrackers MSCI USA ESG Le.. 1.85 % 0.00 %

+0.26 (+1.01%)

USD 1.09B
FLUS:CA Franklin U.S. Large Cap M.. 1.82 % 0.28 %

-0.15 (1.01%)

CAD 0.05B
FDLO Fidelity® Low Volatility.. 1.62 % 0.30 %

+0.15 (+1.01%)

USD 1.01B
PRID 1.58 % 0.65 %

N/A

N/A
FDRR Fidelity® Dividend ETF f.. 1.56 % 0.30 %

+0.22 (+1.01%)

USD 0.52B
XESW:LSE Xtrackers (IE) Plc - Xtra.. 1.51 % 0.00 %

+0.05 (+1.01%)

USD 5.72B
PLC 1.49 % 0.00 %

N/A

N/A
FQAL Fidelity® Quality Factor.. 1.48 % 0.30 %

+0.26 (+1.01%)

USD 0.88B
LESW:F 1.45 % 0.00 %

N/A

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LESW:XETRA 1.45 % 0.00 %

N/A

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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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DNRA:F 1.02 % 0.00 %

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DNRA:XETRA 1.02 % 0.00 %

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UIQM:XETRA 0.96 % 0.00 %

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FGEQ:XETRA Fidelity Global Quality I.. 0.93 % 0.00 %

-0.01 (1.01%)

USD 0.60B
FGEU:XETRA Fidelity Global Quality I.. 0.93 % 0.00 %

+0.01 (+1.01%)

USD 0.02B
MUSC:CA Manulife Multifactor U.S... 0.63 % 0.62 %

N/A

CAD 3.66M
JHSC John Hancock Multifactor .. 0.63 % 0.50 %

+0.29 (+1.01%)

USD 0.42B
CFA VictoryShares US 500 Vola.. 0.33 % 0.35 %

+0.25 (+1.01%)

USD 0.51B
CFO VictoryShares US 500 Enha.. 0.33 % 0.35 %

+0.23 (+1.01%)

USD 0.44B
SCHJ Schwab 1-5 Year Corporate.. 0.09 % 0.00 %

+0.06 (+1.01%)

USD 0.40B
FCOR Fidelity® Corporate Bond.. 0.00 % 0.42 %

+0.12 (+1.01%)

USD 0.21B
FRAK 0.00 % 0.54 %

N/A

N/A
HEE:CA 0.00 % 0.84 %

N/A

N/A
PR:CA Lysander-Slater Preferred.. 0.00 % 1.03 %

+0.01 (+1.01%)

CAD 0.08B
USMC Principal U.S. Mega-Cap E.. 0.00 % 0.12 %

+0.22 (+1.01%)

USD 2.28B
TPU:CA TD S&P 500 0.00 % 0.11 %

+0.14 (+1.01%)

CAD 1.26B
TDV 0.00 % 0.00 %

N/A

N/A
NRAM:LSE 0.00 % 0.00 %

N/A

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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 28.89% 100% F 96% N/A
Dividend Return 0.62% 7% C- 34% F
Total Return 29.51% 100% F 96% N/A
Trailing 12 Months  
Capital Gain 27.74% 69% C- 83% B
Dividend Return 1.24% 7% C- 16% F
Total Return 28.98% 56% F 82% B
Trailing 5 Years  
Capital Gain 116.55% 100% F 89% A-
Dividend Return 9.16% 9% A- 35% F
Total Return 125.71% 100% F 89% A-
Average Annual (5 Year Horizon)  
Capital Gain 46.28% 100% F 94% A
Dividend Return 47.72% 94% A 94% A
Total Return 1.44% 7% C- 35% F
Risk Return Profile  
Volatility (Standard Deviation) 80.87% 19% F 10% F
Risk Adjusted Return 59.01% 63% D 83% 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 13.54 31% 63%
Price/Book Ratio 1.90 25% 44%
Price / Cash Flow Ratio 5.27 25% 59%
Price/Free Cash Flow Ratio 4.36 31% 67%
Management Effectiveness  
Return on Equity 14.60% 38% 71%
Return on Invested Capital 12.55% 69% 73%
Return on Assets 6.16% 38% 79%
Debt to Equity Ratio 24.77% 77% 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 assets

The company management has delivered below median return on assets 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.

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.

Overpriced compared to earnings

The stock is trading high compared to its peers on a price to earning basis and is above the sector median.

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.