How to buy Cenovus Energy stock (CVE)

Cenovus Energy is an oil & gas integrated business based in the US. Cenovus Energy shares (CVE) are listed on the NYSE and all prices are listed in US Dollars. Its last market close was $16.21 – a decrease of 1.64% over the previous week. Cenovus Energy employs 6,925 staff and has a trailing 12-month revenue of around $56 billion.

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Cenovus Energy stock price (NYSE: CVE)

Use our graph to track the performance of CVE stocks over time.

Cenovus Energy shares at a glance

• Key figures

Information last updated 2024-11-01.

Latest market close	$16.21
52-week range	$14.31 - $21.46
50-day moving average more info button	$17.27
200-day moving average more info button	$18.61
Wall St. target price	$22.36
PE ratio more info button	11.2378
Dividend yield more info button	$0 (2.8%)
Earnings per share (TTM) more info button	$1.43

Is it a good time to buy Cenovus Energy stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.

Cenovus Energy price performance over time

Historical closes compared with the close of $15.67 from 2024-11-01

1 week (2024-10-29)	-4.92%
1 month (2024-10-04)	-14.23%
3 months (2024-08-06)	-12.99%
6 months (2024-05-06)	-24.23%

1 year (2023-11-06)	-16.69%
2 years (2022-11-04)	-25.91%
3 years (2021-11-05)	24.76%
5 years (2019-11-06)	82.13%

Is Cenovus Energy stock undervalued or overvalued?

Valuing Cenovus Energy stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Cenovus Energy's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

Cenovus Energy's P/E ratio

Cenovus Energy's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 11x. In other words, Cenovus Energy shares trade at around 11x recent earnings.

That's relatively low compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.

Cenovus Energy's PEG ratio

Cenovus Energy's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 0.45. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.

The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into Cenovus Energy's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.

Cenovus Energy's EBITDA

Cenovus Energy's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $11.3 billion.

The EBITDA is a measure of a Cenovus Energy's overall financial performance and is widely used to measure a its profitability.

Cenovus Energy financials

Revenue TTM	$56 billion
Operating margin TTM	9.56%
Gross profit TTM	$16 billion
Return on assets TTM	7.58%
Return on equity TTM	16.69%
Profit margin	8.54%
Book value	$15.05
Market Capitalization more info button	$29.4 billion

TTM: trailing 12 months

Cenovus Energy's environmental, social and governance track record

Environmental, social and governance (known as ESG) criteria are a set of three factors used to measure the sustainability and social impact of companies like Cenovus Energy.

When it comes to ESG scores, lower is better, and lower scores are generally associated with lower risk for would-be investors.

Cenovus Energy's total ESG risk score

Total ESG risk: 37.69

Socially conscious investors use ESG scores to screen how an investment aligns with their worldview, and Cenovus Energy's overall score of 37.69 (as at 12/31/2018) is pretty weak – landing it in it in the 77th percentile of companies rated in the same sector.

ESG scores are increasingly used to estimate the level of risk a company like Cenovus Energy is exposed to within the areas of "environmental" (carbon footprint, resource use etc.), "social" (health and safety, human rights etc.), and "governance" (anti-corruption, tax transparency etc.).

Cenovus Energy's environmental score

Environmental score: 22.07/100

Cenovus Energy's environmental score of 22.07 puts it squarely in the 8th percentile of companies rated in the same sector. This could suggest that Cenovus Energy is a leader in its sector terms of its environmental impact, and exposed to a lower level of risk.

Cenovus Energy's social score

Social score: 14.44/100

Cenovus Energy's social score of 14.44 puts it squarely in the 8th percentile of companies rated in the same sector. This could suggest that Cenovus Energy is a leader in its sector when it comes to taking good care of its workforce and the communities it impacts.

Cenovus Energy's governance score

Governance score: 12.67/100

Cenovus Energy's governance score puts it squarely in the 8th percentile of companies rated in the same sector. That could suggest that Cenovus Energy is a leader in its sector when it comes to responsible management and strategy, and exposed to a lower level of risk.

Cenovus Energy's controversy score

Controversy score: 1/5

ESG scores also evaluate any incidences of controversy that a company has been involved in. Cenovus Energy scored a 1 out of 5 for controversy – the highest score possible, reflecting that Cenovus Energy has managed to keep its nose clean.

Environmental, social, and governance (ESG) summary

Cenovus Energy Inc was last rated for ESG on: 2019-01-01.

Total ESG score	37.69
Total ESG percentile	77.3
Environmental score	22.07
Environmental score percentile	8
Social score	14.44
Social score percentile	8
Governance score	12.67
Governance score percentile	8
Level of controversy	1

Cenovus Energy share dividends

Dividend payout ratio: 30.25% of net profits

Recently Cenovus Energy has paid out, on average, around 0% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 0% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Cenovus Energy shareholders could enjoy a 0% return on their shares, in the form of dividend payments. In Cenovus Energy's case, that would currently equate to about $0 per share.

While Cenovus Energy's payout ratio might seem fairly standard, it's worth remembering that Cenovus Energy may be investing much of the rest of its net profits in future growth.

Cenovus Energy's most recent dividend payout was on 26 September 2024. The latest dividend was paid out to all shareholders who bought their shares by 12 September 2024 (the "ex-dividend date").

Cenovus Energy share price volatility

Over the last 12 months, Cenovus Energy's shares have ranged in value from as little as $14.3149 up to $21.4609. A popular way to gauge a stock's volatility is its "beta".

Beta is a measure of a share's volatility in relation to the market. The market (NYSE average) beta is 1, while Cenovus Energy's is 2.635. This would suggest that Cenovus Energy's shares are significantly more volatile than the average for this exchange and represent a higher risk.

Cenovus Energy overview

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.

Frequently asked questions

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What percentage of Cenovus Energy is owned by insiders or institutions?
Currently 32.171% of Cenovus Energy shares are held by insiders and 53.878% by institutions. How many people work for Cenovus Energy?
Latest data suggests 6,925 work at Cenovus Energy. When does the fiscal year end for Cenovus Energy?
Cenovus Energy's fiscal year ends in December. Where is Cenovus Energy based?
Cenovus Energy's address is: 4100, 225 ? 6 Avenue SW, Calgary, AB, Canada, T2P 0M5 What is Cenovus Energy's ISIN number?
Cenovus Energy's international securities identification number is: CA15135U1093 What is Cenovus Energy's CUSIP number?
Cenovus Energy's Committee on Uniform Securities Identification Procedures number is: 15135U109