Cenovus Energy Stock Today
| CVE Stock | CAD 21.77 0.41 1.92% |
Performance0 of 100
| Odds Of DistressLess than 6
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Cenovus Energy is selling at 21.77 as of the 18th of January 2025; that is 1.92 percent increase since the beginning of the trading day. The stock's open price was 21.36. Cenovus Energy has only a 6 % chance of going through financial distress over the next few years, but has generated negative returns over the last 90 days. The performance scores are derived for the period starting the 29th of January 2023 and ending today, the 18th of January 2025. Click here to learn more.
Business Domain Energy |
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. The company has 1.83 B outstanding shares of which 14 M shares are currently shorted by private and institutional investors with about 3.11 days to cover all short positions. More on Cenovus Energy
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Cenovus Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Cenovus Energy's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Cenovus Energy or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary, Cenovus Energy's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Cenovus Energy's managers, analysts, and investors.
Environment Score | Governance Score | Social Score |
| CEO | Alexander Pourbaix | ||||
| Business Concentration | Oil, Gas & Consumable Fuels, Oil & Gas Integrated, Energy, Energy, Oil, Gas & Consumable Fuels, Oil & Gas Integrated, Energy (View all Sectors) | ||||
Cenovus Energy's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Cenovus Energy's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit. | |||||
Debt LevelsCenovus Energy can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Cenovus Energy's financial leverage. It provides some insight into what part of Cenovus Energy's total assets is financed by creditors.
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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. The company currently falls under 'Large-Cap' category with a current market capitalization of 39.02 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Cenovus Energy's market, we take the total number of its shares issued and multiply it by Cenovus Energy's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Cenovus Energy operates under Oil, Gas & Consumable Fuels sector and is part of Energy industry. The entity has 1.83 B outstanding shares of which 14 M shares are currently shorted by private and institutional investors with about 3.11 days to cover all short positions.
Cenovus Energy has accumulated about 3.69 B in cash with 7.39 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.91.
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Ownership AllocationCenovus Energy holds a total of 1.83 Billion outstanding shares. Over half of Cenovus Energy's outstanding shares are owned by other corporate entities. These other corporate entities are typically referred to as corporate investors that acquire positions in a given instrument to benefit from reduced trade commissions. Consequently, these institutions are subject to different rules and regulations than regular investors in Cenovus Energy. Please watch out for any change in the institutional holdings of Cenovus Energy as this could mean something significant has changed or is about to change at the company. Please note that no matter how many assets the company secures, if the real value of the firm is less than the current market value, you may not be able to make money on it.
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Cenovus Energy Risk Profiles
Although Cenovus Energy's alpha and beta are two of the key measurements used to evaluate Cenovus Energy's performance over the market, the standard measures of volatility play an important role as well.
Cenovus Stock Against Markets
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| All Next | Launch Module |
Cenovus Energy Corporate Directors
| Steven Leer | Independent Director | Profile | |
| Susan Dabarno | Independent Director | Profile | |
| Jane Kinney | Independent Director | Profile | |
| Rhonda Zygocki | Independent Director | Profile |
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 Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.