Quick Overview of Cenovus Energy Inc

By Harris Dyer • Thursday, August 20 10:46 • Permanent Link

Join us for a quick overview of Cenovus Energy Inc, a Oil & Gas Drilling company whose shares moved 1.6% today. Here are some facts about the stock that should help you see the bigger picture:

Cenovus Energy Inc has moved 113.5% over the last year, and the S&P 500 logged a change of 21.0%
CVE has an average analyst rating of buy and is -10.2% away from its mean target price of $36.77 per share
Its trailing earnings per share (EPS) is $2.6
Cenovus Energy Inc has a trailing 12 month Price to Earnings (P/E) ratio of 12.7 while the S&P 500 average is 29.3
Its forward earnings per share (EPS) is $2.61 and its forward P/E ratio is 12.7
The company has a Price to Book (P/B) ratio of 2.47 in contrast to the S&P 500's average ratio of 4.74
Cenovus Energy Inc is part of the Energy sector, which has an average P/E ratio of 18.35 and an average P/B of 1.6
CVE has reported YOY quarterly earnings growth of 239.1% and gross profit margins of 0.3%
The company has a free cash flow of $5.48 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, the United States, and China. It operates through Upstream and Downstream segments. The company is involved in the development and production of bitumen and heavy oil; owns and operates pipeline gathering systems and terminals; operation of assets rich in NGLs and natural gas in Alberta and British Columbia; and offshore operations, exploration, and development activities in the East Coast of Canada and the Asia Pacific region. It also engages in refining, such as owned and operated Lloydminster upgrading and asphalt refining complex; owns and operates the Bruderheim crude-by-rail terminal and two ethanol plants; fuels business; and refining of crude oil to produce gasoline, diesel, jet fuel, asphalt, and other products. Cenovus Energy Inc. was founded in 2009 and is headquartered in Calgary, Canada.

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