YOLFTbeta
Cenovus Energy Inc

Cenovus Energy Inc

CVE · NYSE · Energy / Oil & Gas Integrated

29.08USD+0.19 (+0.66%)

Price History

Full chart

Market Stats

Previous Close28.89
Open29.18
Day Range28.68 – 29.21
52-Week Range15.37 – 34.10
Volume5.57M
Market Cap60.64B
P/E (TTM)12.65
Forward P/E22.37
EPS2.60
Dividend Yield1.89%
Beta0.60
50-Day Avg32.18
200-Day Avg27.12

About

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.

Company Details

  • SectorEnergy
  • IndustryOil & Gas Integrated
  • CEOMr. Jonathan M. McKenzie CA
  • Employees7.21K
  • Headquarters4100, 225 ? 6 Avenue SW, Calgary, AB, Canada, T2P 0M5, USA
  • Websitehttps://www.cenovus.com

Leadership

  • Mr. Jonathan M. McKenzie CAPresident, CEO & Non-Independent Director · b. 1968
  • Mr. Kam S. Sandhar CAExecutive VP & CFO
  • Mr. P. Andrew DahlinExecutive VP & COO
  • Mr. Jeffery G. Lawson LLBExecutive VP of Corporate Development & Chief Sustainability Officer · b. 1969
  • Mr. John F. SoiniExecutive Vice-President of Upstream ? Thermal & Atlantic Offshore
  • Mr. Patrick ReadVice President of Investor Relations & Internal Audit
  • Ms. Susan M. AndersonSenior Vice-President of Legal, General Counsel & Corporate Secretary
  • Mr. Geoffrey T. MurrayExecutive Vice-President of Commercial
  • Logan PopkoSenior Vice-President of Corporate & Operations Services,
  • Ms. Candace NewmanSenior Vice-President of Corporate Services

Financials

Income Statement

Currency: USD2008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue20.15B11.52B13.09B16.18B17.23B18.99B20.11B11.56B11.02B17.31B21.39B20.54B13.91B48.81B71.77B55.47B57.73B49.66B
Growth (%)--42.85%+13.66%+23.64%+6.45%+10.24%+5.87%-42.51%-4.71%+57.19%+23.54%-3.96%-32.27%+250.80%+47.03%-22.70%+4.06%-13.98%
Cost of Revenue13.31B7.27B10.37B12.24B12.99B14.64B15.84B10.21B9.63B13.89B17.30B16.06B14.24B39.70B54.63B42.77B44.96B44.46B
Gross Profit6.85B4.25B2.72B3.94B4.24B4.35B4.26B1.35B1.38B3.42B4.09B4.48B-330.00M9.11B17.13B12.70B12.77B5.19B
Gross Margin33.98%36.91%20.80%24.36%24.59%22.91%21.21%11.66%12.55%19.78%19.10%21.81%-2.37%18.66%23.88%22.90%22.11%10.46%
Operating Expense2.82B2.85B1.57B1.74B2.14B2.32B2.57B1.71B1.60B3.18B5.33B331.00M2.25B5.58B6.78B7.08B7.70B811.34M
Operating Income4.03B1.41B1.15B2.21B2.10B2.03B1.69B-363.00M-221.00M242.00M-1.24B4.15B-2.58B3.52B10.35B5.62B5.06B4.38B
Operating Margin20.00%12.21%8.82%13.62%12.18%10.69%8.42%-3.14%-2.01%1.40%-5.80%20.20%-18.56%7.22%14.42%10.13%8.77%8.82%
EBITDA5.19B3.15B3.24B3.93B3.80B3.35B3.46B3.25B491.78M4.80B-1.18B3.90B-18.75M6.68B13.85B10.39B9.59B10.37B
EBITDA Margin25.75%27.34%24.76%24.30%22.04%17.64%17.22%28.15%4.46%27.70%-5.51%18.97%-0.13%13.70%19.30%18.72%16.61%20.88%
Net Income2.88B818.00M1.08B1.48B995.00M662.00M744.00M618.00M-545.00M3.37B-2.67B2.19B-2.38B587.00M6.45B4.11B3.14B3.93B
Net Income Margin14.30%7.10%8.26%9.13%5.78%3.49%3.70%5.35%-4.95%19.44%-12.48%10.68%-17.10%1.20%8.99%7.41%5.44%7.91%
R&D--08.00M15.00M24.00M15.00M27.00M36.00M36.00M25.00M20.00M12.00M-----
R&D as % of Total Revenue--0.00%0.05%0.09%0.13%0.07%0.23%0.33%0.21%0.12%0.10%0.09%-----
Interest Expense265.31M244.00M467.00M426.00M434.00M499.00M427.00M353.00M369.00M619.00M595.00M349.33M375.98M1.05B812.00M723.00M649.00M466.62M
Interest Expense % of Total Revenue1.32%2.12%3.57%2.63%2.52%2.63%2.12%3.05%3.35%3.58%2.78%1.70%2.70%2.15%1.13%1.30%1.12%0.94%

Balance Sheet

Currency: USD2008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets22.47B21.52B22.09B22.19B24.22B25.22B24.70B25.79B25.26B40.93B35.17B35.71B32.77B54.10B55.87B53.91B56.54B63.37B
Total Liabilities13.04B11.91B12.07B12.79B14.43B15.28B14.51B13.40B13.67B20.95B17.71B16.51B16.06B30.50B28.28B25.20B26.77B31.76B
Total Equity9.43B9.61B10.02B9.38B9.78B9.95B10.19B12.39B11.59B19.98B17.47B19.20B16.71B23.60B27.58B28.70B29.75B31.60B
Cash186.20M154.97M300.00M495.00M1.16B2.45B883.00M4.11B3.72B610.00M781.00M186.00M378.00M2.87B4.52B2.23B3.09B2.74B
Total Debt7.17B6.31B5.61B3.53B4.68B5.00B5.46B6.53B6.33B9.51B9.16B8.62B9.32B15.42B11.64B9.95B10.63B17.00B
Net Debt6.99B6.15B5.31B3.03B3.52B2.54B4.58B2.42B2.61B8.90B8.38B8.43B8.94B12.55B7.12B7.72B7.54B14.26B

Cash Flow

Currency: USD2008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow3.27B3.66B2.59B3.27B3.42B3.54B3.53B1.47B861.00M3.06B2.15B3.29B273.00M5.92B11.40B7.39B9.23B8.22B
Investing Cash Flow-2.39B-1.86B-1.79B-2.53B-3.34B-1.52B-4.35B888.00M-1.08B-12.87B-613.00M-1.43B-863.00M-942.00M-2.31B-5.29B-5.13B-7.67B
Financing Cash Flow-1.04B-977.00M-631.00M-558.00M592.00M-726.00M-797.00M894.00M-168.00M6.51B-1.41B-2.41B837.00M-2.51B-7.68B-4.31B-3.50B-748.39M
Capital Expenditure2.49B2.17B2.21B2.79B3.45B3.27B3.06B1.71B1.03B1.67B1.38B1.18B859.00M2.56B3.76B4.30B5.01B4.82B
Free Cash Flow780.10M1.68B386.00M481.00M-29.00M270.00M468.00M-240.00M-173.00M1.39B777.00M2.10B-586.00M3.36B7.64B3.09B4.22B3.41B
Dividends Paid-159.00M601.00M603.00M665.00M732.00M805.00M528.00M166.00M225.00M245.00M260.00M77.00M210.00M927.00M1.03B1.55B1.44B
FCF to OCF23.86%45.80%14.90%14.70%-0.85%7.63%13.27%-16.28%-20.09%45.41%36.07%63.99%-214.65%56.70%67.04%41.82%45.70%41.42%
Dividend Paid to FCF-9.48%155.70%125.36%-2293.10%271.11%172.01%-220.00%-95.95%16.20%31.53%12.37%-13.14%6.26%12.13%33.20%36.75%42.17%

Earnings

Report DateDec 10, 2009Feb 11, 2010Apr 29, 2010Jul 29, 2010Oct 28, 2010Feb 18, 2011Apr 27, 2011Jul 26, 2011Oct 27, 2011Feb 15, 2012Apr 25, 2012Jul 25, 2012Oct 25, 2012Feb 14, 2013Apr 24, 2013Jul 24, 2013Oct 24, 2013Feb 13, 2014Apr 30, 2014Jul 30, 2014Oct 23, 2014Feb 12, 2015Apr 29, 2015Jul 30, 2015Oct 29, 2015Feb 11, 2016Apr 27, 2016Jul 28, 2016Oct 27, 2016Feb 16, 2017Apr 26, 2017Jul 27, 2017Nov 2, 2017Feb 15, 2018Apr 25, 2018Jul 26, 2018Oct 31, 2018Feb 13, 2019Apr 24, 2019Jul 25, 2019Oct 31, 2019Feb 12, 2020Apr 29, 2020Jul 23, 2020Oct 29, 2020Feb 9, 2021May 7, 2021Jul 29, 2021Nov 3, 2021Feb 8, 2022Apr 27, 2022Jul 28, 2022Nov 2, 2022Feb 16, 2023Apr 26, 2023Jul 27, 2023Nov 2, 2023Feb 15, 2024May 1, 2024Aug 1, 2024Oct 31, 2024Feb 20, 2025May 8, 2025Jul 31, 2025Oct 31, 2025Feb 19, 2026May 6, 2026Jul 29, 2026Oct 30, 2026
EPS Estimate0.230.350.380.390.290.310.390.480.520.490.510.520.560.380.470.470.440.330.440.450.380.10-0.070.08-0.05-0.18-0.40-0.14-0.10-0.04-0.050.040.100.11-0.150.020.18-0.130.190.270.150.08-0.24-0.44-0.07-0.14-0.050.240.380.390.520.870.850.640.290.500.660.340.370.500.310.190.300.080.340.280.551.111.21
EPS Actual0.510.200.470.180.210.190.290.550.400.440.460.360.580.050.220.230.470.280.460.570.44-0.12-0.090.14-0.02-0.38-0.51-0.04-0.210.39-0.040.290.220.71-0.47-0.18-0.02-1.360.040.170.17-0.10-0.69-0.25-0.28-0.350.120.100.31-0.200.600.980.530.390.260.290.770.390.510.410.300.190.340.250.550.370.651.11-
Surprise121.74%-42.86%23.68%-53.85%-27.59%-38.71%-25.64%14.58%-23.08%-10.20%-9.80%-30.77%3.57%-86.84%-53.19%-51.06%6.82%-15.15%4.55%26.67%15.79%-220.00%-28.57%75.00%60.00%-111.11%-27.50%71.43%-110.00%1075.00%20.00%625.00%120.00%545.45%-213.33%-1000.00%-111.11%-946.15%-78.95%-37.04%13.33%-225.00%-187.50%43.18%-300.00%-150.00%340.00%-58.33%-18.42%-151.28%15.38%12.64%-37.65%-39.06%-10.34%-42.00%16.67%14.71%37.84%-18.00%-3.23%0.00%13.33%212.50%61.76%29.53%18.18%0.00%-
Timing--Pre-marketPre-marketPre-market-Pre-marketPre-marketPre-market-Pre-marketPre-marketPre-market-Pre-marketPre-marketPre-market-Pre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketAfter-hoursPre-marketPre-market-Pre-marketPre-market-

Key Statistics & Ratios

Market Cap60.64B
Enterprise Value35.90B
Trailing P/E12.65
Forward P/E22.37
PEG Ratio0.45
Price / Sales1.13
Price / Book1.43
EPS2.60
Book Value13.20
Revenue (TTM)53.86B
Gross Profit (TTM)16.08B
EBITDA14.34B
Profit Margin12.37%
Operating Margin23.83%
Return on Equity20.93%
Return on Assets9.23%
Shares Outstanding1.84B
Shares Float1.53B
Beta0.60
Dividend Yield1.89%
Dividend Rate0.62
Payout Ratio22.70%

Analyst Ratings

Strong Buy
Based on 16 analystsTarget 37.05
  • Strong Buy
    8
  • Buy
    8

Ownership Breakdown

Institutions
54.35%
Insiders
29.80%
Retail / Other
15.85%

Top Institutional Holders

  • Capital World Investors
    73.84M4.00%
  • Capital Research Global Investors
    59.77M3.24%
  • Capital Research & Mgmt Co - Division 3
    46.87M2.54%
  • Royal Bank of Canada
    43.04M2.33%
  • Vanguard Capital Management, LLC
    38.40M2.08%
  • Fidelity International Ltd
    37.38M2.03%
  • BMO Capital Markets Corp.
    32.92M1.79%
  • Bank of Montreal
    32.92M1.79%
  • T. Rowe Price Associates, Inc.
    24.94M1.35%
  • FMR Inc
    23.95M1.30%
  • The Goldman Sachs Group Inc
    21.42M1.16%
  • Mackenzie Investments
    21.25M1.15%
  • Boston Partners Global Investors, Inc
    17.72M0.96%
  • Manufacturers Life Insurance Co
    17.12M0.93%
  • Dimensional Fund Advisors, Inc.
    17.04M0.92%
  • GQG Partners LLC
    16.59M0.90%
  • Massachusetts Financial Services Company
    16.12M0.87%

Top Fund Holders

  • American Funds EUPAC A
    54.71M2.97%
  • American Funds New Perspective A
    24.96M1.35%
  • Vanguard Total Intl Stock Index Inv
    19.74M1.07%

Dividends

20263×
0.16Sep 15, 20260.16Jun 15, 20260.15Mar 13, 2026
20254×
0.14Dec 15, 20250.15Sep 15, 20250.14Jun 13, 20250.13Mar 14, 2025
20245×
0.13Dec 13, 20240.13Sep 13, 20240.13Jun 14, 20240.10May 16, 20240.10Mar 14, 2024
20234×
0.10Dec 14, 20230.10Sep 14, 20230.11Jun 14, 20230.08Mar 14, 2023
20225×
0.08Dec 14, 20220.08Nov 17, 20220.08Sep 14, 20220.08Jun 14, 20220.03Mar 14, 2022
20213×
0.03Dec 14, 20210.01Sep 14, 20210.01Jun 14, 2021