CVE - Cenovus Energy Inc.

NYSE - NYSE Delayed Price. Currency in USD
4.7400
+0.1300 (+2.82%)
At close: 4:00PM EDT
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Previous close4.6100
Open4.7500
Bid4.6500 x 45900
Ask4.8100 x 27000
Day's range4.6400 - 4.8100
52-week range1.4100 - 10.8200
Volume3,638,830
Avg. volume8,952,358
Market cap5.874B
Beta (5Y monthly)3.48
PE ratio (TTM)N/A
EPS (TTM)-0.4240
Earnings dateN/A
Forward dividend & yieldN/A (N/A)
Ex-dividend date12-Mar-2020
1y target est10.85
  • Cenovus (CVE) Up 20.1% Since Last Earnings Report: Can It Continue?
    Zacks

    Cenovus (CVE) Up 20.1% Since Last Earnings Report: Can It Continue?

    Cenovus (CVE) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.

  • Surging Crude Prices Send Oil Stocks Soaring Today
    Motley Fool

    Surging Crude Prices Send Oil Stocks Soaring Today

    Oil prices started this week with a bang. WTI, the primary U.S. oil price benchmark, had rallied more than 10% by 10:30 a.m. EDT on Monday, to around $32.50 a barrel, while Brent, the global oil price benchmark, jumped more than 7% to nearly $35 a barrel. The surge in crude prices buoyed most oil stocks.

  • Why Has Cenovus Energy (CVE) Rallied 18.8% Since Q1 Earnings?
    Zacks

    Why Has Cenovus Energy (CVE) Rallied 18.8% Since Q1 Earnings?

    The coronavirus pandemic made quite a brutal impact on Cenovus Energy's (CVE) Q1 earnings.

  • Cenovus Energy (CVE) Q1 2020 Earnings Call Transcript
    Motley Fool

    Cenovus Energy (CVE) Q1 2020 Earnings Call Transcript

    To keep it simple and limit background noise, we have our president and chief executive officer, Alex Pourbaix; our chief financial officer, Jon McKenzie; our executive vice president, upstream, Norrie Ramsay; and our executive vice president, downstream, Keith Chiasson, on the call to answer your questions. Now, before I get to our quarterly results, I wanted to touch briefly for a second.

  • GlobeNewswire

    Cenovus reports voting results of election of Directors

    CALGARY, Alberta, April 29, 2020 -- Cenovus Energy Inc. (TSX: CVE) (NYSE: CVE) announced that at its annual meeting of shareholders held on April 29, 2020, each of the 11.

  • GlobeNewswire

    Cenovus reports first-quarter 2020 results

    Cenovus Energy Inc. (CVE.TO) (CVE.TO) continued to deliver safe and reliable operations in the first quarter of 2020 while demonstrating its ability to take swift and decisive steps to enhance its financial resilience and protect its balance sheet in the face of the global macro-economic challenges caused by the COVID-19 pandemic. “The strength of our balance sheet, the quality of our long-life oil sands reserves and the flexibility of our business to respond quickly to the changing external environment have positioned us well to withstand an extended period of low oil prices,” said Alex Pourbaix, Cenovus President & Chief Executive Officer.

  • GlobeNewswire

    Cenovus to hold conference call and webcast on first-quarter results

    Cenovus Energy Inc. (CVE.TO) (CVE.TO) will release its first-quarter results on Wednesday, April 29, 2020. Financial statements will be available on Cenovus’s website, cenovus.com. A conference call and webcast to discuss the results will be held for the investment community at 9 a.m. MT (11 a.m. ET).

  • GlobeNewswire

    Cenovus Energy provides corporate update

    Cenovus Energy Inc. (CVE.TO) (CVE.TO) is implementing additional measures to enhance its financial resilience in response to the low global oil price environment that is expected to continue for an unknown period. Cenovus has decided to reduce its planned 2020 capital spending by an additional $150 million which, combined with the $450 million reduction announced March 9, 2020, is a $600 million decrease from the budget released in December. The company is also forecasting operating cost reductions of about $100 million and general and administrative (G&A) cost reductions of about $50 million compared with the initial December budget.

  • GlobeNewswire

    Cenovus changes Annual Meeting of Shareholders to virtual webcast

    Cenovus Energy Inc. (CVE.TO) (CVE.TO) announced today that its upcoming Annual Meeting of Shareholders (Shareholders Meeting) will now be held in a virtual only format. The Shareholders Meeting will be held at the originally scheduled date and time, on April 29, 2020 at 1:00 p.m. Mountain Time (MT), however, it will now be conducted in a format whereby registered shareholders and duly appointed proxyholders may only attend and participate in the meeting virtually via live audio webcast. The timing and process for voting by proxy remains unchanged; shareholders are reminded that completed proxy forms must be received no later than 1:00 p.m. MT on April 27, 2020.

  • GlobeNewswire

    Cenovus responds to low oil prices with reduced 2020 capital spending

    Cenovus Energy Inc. (CVE.TO) (CVE.TO) is reducing its 2020 capital spending by approximately 32% in order to maintain the strength of its balance sheet. The company continues to work toward funding its revised capital program and current dividend within cash flow in this challenging commodity price environment.

  • Cenovus Energy (CVE) Reports Q4 Loss, Lags Revenue Estimates
    Zacks

    Cenovus Energy (CVE) Reports Q4 Loss, Lags Revenue Estimates

    Cenovus (CVE) delivered earnings and revenue surprises of -225.00% and -11.06%, respectively, for the quarter ended December 2019. Do the numbers hold clues to what lies ahead for the stock?

  • GlobeNewswire

    Cenovus delivers strong 2019 financial and operating performance

    Cenovus Energy Inc. (CVE.TO) (CVE.TO) continued to gain momentum in 2019, generating free funds flow of $361 million in the fourth quarter and approximately $2.5 billion for the year, reducing net debt by 22% year-over-year and completing construction on its Christina Lake phase G oil sands expansion in March. In the fourth quarter of 2019, Cenovus increased its dividend by 25% and reached full ramp-up of its crude-by-rail shipping capacity.

  • Why Earnings Season Could Be Great for Cenovus (CVE)
    Zacks

    Why Earnings Season Could Be Great for Cenovus (CVE)

    Cenovus (CVE) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings.

  • Is a Beat in the Offing for Enbridge (ENB) in Q4 Earnings?
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    Is a Beat in the Offing for Enbridge (ENB) in Q4 Earnings?

    Enbridge's (ENB) year-over-year earnings improvement is likely to have been supported by the Stratton Ridge project.

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    Is a Beat Likely for Antero Resources (AR) in Q4 Earnings?

    Antero Resources' (AR) fourth-quarter earnings are expected to have been supported by higher production volumes.

  • What's in Store for Antero Midstream's (AM) Q4 Earnings?
    Zacks

    What's in Store for Antero Midstream's (AM) Q4 Earnings?

    Antero Midstream's (AM) fourth-quarter results are likely to been aided by increased compression volumes.

  • Is a Beat Likely for Viper Energy (VNOM) in Q4 Earnings?
    Zacks

    Is a Beat Likely for Viper Energy (VNOM) in Q4 Earnings?

    Viper Energy Partners' (VNOM) fourth-quarter production is likely to have risen year over year, in turn boosting profit levels.

  • GlobeNewswire

    Cenovus to hold conference call and webcast on fourth-quarter and year-end 2019 results

    CALGARY, Alberta, Feb. 05, 2020 -- Cenovus Energy Inc. (TSX: CVE) (NYSE: CVE) will release its fourth-quarter and year-end 2019 results on Wednesday, February 12, 2020. The.

  • Cenovus Energy (CVE) Earnings Expected to Grow: What to Know Ahead of Next Week's Release
    Zacks

    Cenovus Energy (CVE) Earnings Expected to Grow: What to Know Ahead of Next Week's Release

    Cenovus (CVE) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

  • GlobeNewswire

    Cenovus to help address Indigenous housing crisis in northern Alberta

    Cenovus Energy Inc. (CVE.TO) (CVE.TO) today launched a major initiative aimed at addressing one of the most pressing issues facing Indigenous communities in Canada – the lack of adequate housing that is forcing many families to live in overcrowded and unsafe conditions. Cenovus is committing $10 million per year for five years to build much-needed new homes in six First Nations and Métis communities closest to its oil sands operations in northern Alberta, with the potential to extend the project to 10 years. The company sees this initiative as an important way to contribute to reconciliation with Indigenous peoples.

  • Baytex Releases Preliminary Report for Q419 and Full Year
    Zacks

    Baytex Releases Preliminary Report for Q419 and Full Year

    Baytex Energy's (BTE) Q4 preliminary results reflect an effective decrease in debt burden by C$100 million.

  • Magellan Midstream to Sell 3 Marine Terminals, Hikes Payout
    Zacks

    Magellan Midstream to Sell 3 Marine Terminals, Hikes Payout

    The distribution hike on offer at Magellan Midstream (MMP) represents the firm's 71st payout increase since it went public.

  • Top Ranked Growth Stocks to Buy for January 23rd
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    Top Ranked Growth Stocks to Buy for January 23rd

    Top Ranked Growth Stocks to Buy for January 23rd

  • McDermott International Files for Bankruptcy: What to Expect
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    McDermott International Files for Bankruptcy: What to Expect

    Backed by the restructuring process and a secure exit financing of more than $2.4 billion, McDermott (MDR) looks forward to come out of bankruptcy with roughly $500 million in debt.

  • Gulfport's Bearish Run Persists: Can the Stock Turn Around?
    Zacks

    Gulfport's Bearish Run Persists: Can the Stock Turn Around?

    With natural gas prices recently diving to more than three-year lows and Gulfport (GPOR) positioned as one of the most gas-weighted upstream players, the company's performance is weighed on.