Exploring the Basics of Cenovus Energy (CVE)

By Tamara Parker • Thursday, June 27 16:52 • Permanent Link

Cenovus Energy marked a 1.7% change today, compared to 0.0% for the S&P 500. Is it a good value at today's price of $19.67? Only an in-depth analysis can answer that question, but here are some facts that can give you an idea:

Cenovus Energy Inc., together with its subsidiaries, develops, produces, refines, transports, and markets crude oil, natural gas, and refined petroleum products in Canada and internationally.
Cenovus Energy belongs to the Energy sector, which has an average price to earnings (P/E) ratio of 14.36 and an average price to book (P/B) of 2.1
The company's P/B ratio is 1.26
Cenovus Energy has a trailing 12 month Price to Earnings (P/E) ratio of 11.1 based on its trailing 12 month price to earnings (EPS) of $1.77 per share
Its forward P/E ratio is 8.2, based on its forward earnings per share (EPS) of $2.39
CVE has a Price to Earnings Growth (PEG) ratio of 0.73, which shows the company is very undervalued compared to its earnings growth estimates.
Over the last four years, Cenovus Energy has averaged free cash flows of $4.32 Billion, which on average grew 42.1%
Cenovus Energy has moved 15.7% over the last year compared to 24.6% for the S&P 500 -- a difference of -8.9%
CVE has an average analyst rating of buy and is -17.73% away from its mean target price of $23.91 per share

The above analysis is intended for educational purposes only and was performed on the basis of publicly available data. It is not to be construed as a recommendation to buy or sell any security. Any buy, sell, or other recommendations mentioned in the article are direct quotations of consensus recommendations from the analysts covering the stock, and do not represent the opinions of Market Inference or its writers. Past performance, accounting data, and inferences about market position and corporate valuation are not reliable indicators of future price movements. Market Inference does not provide financial advice. Investors should conduct their own review and analysis of any company of interest before making an investment decision.