Jeffrey Hart - Cenovus Energy Executive Services
| CVE Stock | CAD 22.62 0.02 0.09% |
Executive
Jeffrey Hart is Executive Services of Cenovus Energy
| Address | 4100, 225 ? 6 Avenue SW, Calgary, AB, Canada, T2P 0M5 |
| Phone | 403 766 2000 |
| Web | https://www.cenovus.com |
Cenovus Energy Management Efficiency
The company has return on total asset (ROA) of 0.0576 % which means that it generated a profit of $0.0576 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.128 %, meaning that it generated $0.128 on every $100 dollars invested by stockholders. Cenovus Energy's management efficiency ratios could be used to measure how well Cenovus Energy manages its routine affairs as well as how well it operates its assets and liabilities. As of the 23rd of November 2024, Return On Tangible Assets is likely to drop to 0.04. In addition to that, Return On Capital Employed is likely to drop to 0.07. At this time, Cenovus Energy's Other Current Assets are very stable compared to the past year. As of the 23rd of November 2024, Other Assets is likely to grow to about 1 B, while Total Assets are likely to drop about 35.9 B.Similar Executives
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Management Performance
| Return On Equity | 0.13 | ||||
| Return On Asset | 0.0576 |
Cenovus Energy Leadership Team
Elected by the shareholders, the Cenovus Energy's board of directors comprises two types of representatives: Cenovus Energy inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Cenovus. The board's role is to monitor Cenovus Energy's management team and ensure that shareholders' interests are well served. Cenovus Energy's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Cenovus Energy's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Steven Leer, Independent Director | ||
| Keith Chiasson, Executive Vice President - Downstream | ||
| Joseph Zieglgansberger, Executive Officer | ||
| Karamjit Sandhar, Senior Vice President Deep Basin | ||
| Gary Molnar, Vice-President - Legal, Assistant General Counsel and Corporate Secretary | ||
| Norrie Ramsay, Executive Vice President Upstream | ||
| Harbir Chhina, Executive Vice President, Chief Technology Officer | ||
| Alexander Pourbaix, President, Chief Executive Officer, Director | ||
| Susan Dabarno, Independent Director | ||
| Harold Kvisle, Independent Director | ||
| Rhona Delfrari, Chief Engagement | ||
| Kam CA, Executive CFO | ||
| Jonathan CA, CEO President | ||
| Jason Abbate, Senior Relations | ||
| Jonathan McKenzie, Chief Financial Officer, Executive Vice President | ||
| Jeffrey Hart, Executive Services | ||
| Jane Kinney, Independent Director | ||
| Sarah Walters, Senior Vice President - Corporate Services | ||
| Alan Reid, Executive Vice President - Environment, Corporate affairs and Legal, General Counsel | ||
| M Lewis, Independent Director | ||
| Susan Anderson, VicePres Services | ||
| Rhonda Zygocki, Independent Director | ||
| J Zieglgansberger, Executive Vice President, Strategy & Corporate Development | ||
| Keith MacPhail, Independent Director | ||
| Keith Casey, Director | ||
| Claude Mongeau, Independent Director | ||
| Sherry Wendt, Director Relations | ||
| Jeffery LLB, Senior Development | ||
| Richard Marcogliese, Independent Director |
Cenovus Stock Performance Indicators
The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Cenovus Energy a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.
| Return On Equity | 0.13 | ||||
| Return On Asset | 0.0576 | ||||
| Profit Margin | 0.07 % | ||||
| Operating Margin | 0.07 % | ||||
| Current Valuation | 48.71 B | ||||
| Shares Outstanding | 1.83 B | ||||
| Shares Owned By Insiders | 32.22 % | ||||
| Shares Owned By Institutions | 51.06 % | ||||
| Number Of Shares Shorted | 18.45 M | ||||
| Price To Earning | 10.52 X |
Pair Trading with Cenovus Energy
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Cenovus Energy position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Cenovus Energy will appreciate offsetting losses from the drop in the long position's value.Moving against Cenovus Stock
| 0.53 | FFH | Fairfax Financial | PairCorr |
| 0.5 | ENS | E Split Corp | PairCorr |
| 0.45 | ENB-PFV | Enbridge Pref 5 | PairCorr |
| 0.43 | FFH-PC | Fairfax Fin Hld | PairCorr |
| 0.4 | ENS-PA | E Split Corp | PairCorr |
The ability to find closely correlated positions to Cenovus Energy could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Cenovus Energy when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Cenovus Energy - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Cenovus Energy to buy it.
The correlation of Cenovus Energy is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Cenovus Energy moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Cenovus Energy moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Cenovus Energy can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Cenovus Energy. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. To learn how to invest in Cenovus Stock, please use our How to Invest in Cenovus Energy guide.You can also try the Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.