We Compiled the Most Important Facts About Cenovus Energy

With gains of 2.1%, Cenovus Energy was one of the winners on Wall Street today. Its shares are now trading at $20.2 and have logged a 1.0% daily outperformance of the S&P 500. Don't join the feeding frenzy before checking some basic facts about this stock:

  • Cenovus Energy has moved 17.4% over the last year, and the S&P 500 logged a change of 23.9%

  • CVE has an average analyst rating of buy and is -15.41% away from its mean target price of $23.88 per share

  • Its trailing earnings per share (EPS) is $1.77

  • Cenovus Energy has a trailing 12 month Price to Earnings (P/E) ratio of 11.4 while the S&P 500 average is 27.65

  • Its forward earnings per share (EPS) is $2.38 and its forward P/E ratio is 8.5

  • The company has a Price to Book (P/B) ratio of 1.29 in contrast to the S&P 500's average ratio of 4.59

  • Cenovus Energy is part of the Energy sector, which has an average P/E ratio of 14.36 and an average P/B of 2.1

  • CVE has reported YOY quarterly earnings growth of 93.8% and gross profit margins of 0.2%

  • The company has a free cash flow of $4.03 Billion, which refers to the total sum of all its inflows and outflows of cash over the last quarter

  • 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. The company operates through Oil Sands, Conventional, Offshore, Canadian Refining, and U.S. Refining segments. The Oil Sands segment develops and produces bitumen and heavy oil in northern Alberta and Saskatchewan. This segment assets include Foster Creek, Christina Lake, and Sunrise projects, as well as Lloydminster thermal and conventional heavy oil assets. The Conventional segment holds natural gas liquids and natural gas assets primarily located in Elmworth-Wapiti, Kaybob-Edson, Clearwater, and Rainbow Lake operating in Alberta and British Columbia, as well as interests in various natural gas processing facilities. The offshore segment engages in offshore operation, exploration, and development activities in China and the East Coast of Canada. The Canadian Refining segment owns and operates Lloydminster upgrading and asphalt refining complex, which converts heavy oil and bitumen into synthetic crude oil, diesel, asphalt, and other ancillary products, as well as Bruderheim crude-by-rail terminal and ethanol plants. The U.S. Refining segment refines crude oil to produce gasoline, diesel, jet fuel, asphalt, and other products. Cenovus Energy Inc. is headquartered in Calgary, Canada.

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.