Rhonda Zygocki - Cenovus Energy Independent Director

CVE Stock  CAD 22.62  0.02  0.09%   

Director

Ms. Rhonda I. Zygocki serves as Independent Director of the Company since April 27. 2016. Ms. Zygocki spent 34 years with Chevron Corporation, including as Executive Vice President, Policy and Planning from March 2011 until her retirement in February 2015. In this role, she was responsible for global corporate functions overseeing strategy and planning, policy, government and public affairs, health, environment and safety, real estate and technology ventures, and served as Secretary to the Public Policy Committee of the board of directors. Prior thereto, she held a number of senior management and executive leadership positions in international operations, public affairs, strategic planning, policy, government affairs and health, environment and safety, including Vice President, Policy, Government and Public Affairs from May 2007 to March 2011 and Vice President, Health, Environment and Safety from April 2003 to May 2007. During her tenure with Chevron, Ms. Zygocki represented Chevron in high profile external engagements on topics covering climate change policy, responsible development, shale gas and hydraulic fracturing, global gas flaring reduction, energy policy, corporate responsibility, publicprivate partnerships, development in Africa and the fight against HIVAIDS. She is a senior advisor with the Center for Strategic and International Studies, a former advisory board member of the Woodrow Wilson International Center of Scholars Canada Institute and a past Management Committee Chair of the International Association of Oil and Gas Producers since 2016.
Age 61
Tenure 8 years
Phone403 766 2000
Webhttps://www.cenovus.com
Zygocki graduated from Memorial University of Newfoundland with a bachelor’s degree in civil engineering. In 2014, she was named by the National Diversity Council as one of the Top 50 Most Powerful Women in Oil and Gas. In 2015, she received the Award for Leadership Development from the Washington, D.C. chapter of the Society of International Development.

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.
Cenovus Energy has accumulated 9.95 B in total debt with debt to equity ratio (D/E) of 0.54, which is about average as compared to similar companies. Cenovus Energy has a current ratio of 1.7, which is within standard range for the sector. Debt can assist Cenovus Energy until it has trouble settling it off, either with new capital or with free cash flow. So, Cenovus Energy's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Cenovus Energy sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Cenovus to invest in growth at high rates of return. When we think about Cenovus Energy's use of debt, we should always consider it together with cash and equity.

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Cenovus Energy Inc., together with its subsidiaries, develops, produces, and markets crude oil, natural gas liquids, and natural gas in Canada, the United States, and the Asia Pacific region. Cenovus Energy Inc. was founded in 2009 and is headquartered in Calgary, Canada. CENOVUS ENERGY operates under Oil Gas Integrated classification in Canada and is traded on Toronto Stock Exchange. It employs 5938 people. Cenovus Energy (CVE) is traded on Toronto Exchange in Canada and employs 6,925 people. Cenovus Energy is listed under Oil, Gas & Consumable Fuels category by Fama And French industry classification.

Management Performance

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.

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

  0.4FFH Fairfax FinancialPairCorr
  0.38FFH-PC Fairfax Fin HldPairCorr
  0.33ENS-PA E Split CorpPairCorr
  0.31ENS E Split CorpPairCorr
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.
Pair CorrelationCorrelation Matching
When determining whether Cenovus Energy is a strong investment it is important to analyze Cenovus Energy's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Cenovus Energy's future performance. For an informed investment choice regarding Cenovus Stock, refer to the following important reports:
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 Global Correlations module to find global opportunities by holding instruments from different markets.
Please note, there is a significant difference between Cenovus Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if Cenovus Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Cenovus Energy's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.