Back to top
more

Cenovus Energy (CVE)

(Delayed Data from NYSE)

$19.76 USD

19.76
6,037,419

+0.34 (1.75%)

Updated Jul 25, 2024 04:00 PM ET

After-Market: $19.76 0.00 (0.00%) 7:58 PM ET

Zacks Rank:

This is our short term rating system that serves as a timeliness indicator for stocks over the next 1 to 3 months. How good is it? See rankings and related performance below.

Zacks Rank Definition Annualized Return
1Strong Buy24.15%
2Buy17.88%
3Hold9.47%
4Sell5.14%
5Strong Sell2.57%
S&P50011.11%

Zacks Rank Education - Learn about the Zacks Rank

Zacks Rank Home - Zacks Rank resources in one place

Zacks Premium - The only way to fully access the Zacks Rank

5-Strong Sell of 5         5

Style Scores:

The Style Scores are a complementary set of indicators to use alongside the Zacks Rank. It allows the user to better focus on the stocks that are the best fit for his or her personal trading style.

The scores are based on the trading styles of Value, Growth, and Momentum. There's also a VGM Score ('V' for Value, 'G' for Growth and 'M' for Momentum), which combines the weighted average of the individual style scores into one score.

Value Score A
Growth Score A
Momentum Score A
VGM Score A

Within each Score, stocks are graded into five groups: A, B, C, D and F. As you might remember from your school days, an A, is better than a B; a B is better than a C; a C is better than a D; and a D is better than an F.

As an investor, you want to buy stocks with the highest probability of success. That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B in your personal trading style.

Zacks Style Scores Education - Learn more about the Zacks Style Scores

B Value B Growth B Momentum A VGM

Industry Rank:

The Zacks Industry Rank assigns a rating to each of the 265 X (Expanded) Industries based on their average Zacks Rank.

An industry with a larger percentage of Zacks Rank #1's and #2's will have a better average Zacks Rank than one with a larger percentage of Zacks Rank #4's and #5's.

The industry with the best average Zacks Rank would be considered the top industry (1 out of 265), which would place it in the top 1% of Zacks Ranked Industries. The industry with the worst average Zacks Rank (265 out of 265) would place in the bottom 1%.

Zacks Rank Education -- Learn more about the Zacks Rank
Zacks Industry Rank Education -- Learn more about the Zacks Industry Rank

Bottom 4% (239 out of 250)

Industry: Oil and Gas - Integrated - Canadian

Zacks Premium FeatureView All Zacks #1 Ranked Stocks

Better trading starts here.

Balance Sheet

Research for CVE

The Zacks Equity Research reports, or ZER for short, are our in-house, independently produced research reports.

The ever popular one-page Snapshot reports are generated for virtually every single Zacks Ranked stock. It's packed with all of the company's key stats and salient decision making information. Including the Zacks Rank, Zacks Industry Rank, Style Scores, the Price, Consensus & Surprise chart, graphical estimate analysis and how a stocks stacks up to its peers.

The detailed multi-page Analyst report does an even deeper dive on the company's vital statistics. In addition to all of the proprietary analysis in the Snapshot, the report also visually displays the four components of the Zacks Rank (Agreement, Magnitude, Upside and Surprise); provides a comprehensive overview of the company business drivers, complete with earnings and sales charts; a recap of their last earnings report; and a bulleted list of reasons to buy or sell the stock. It also includes an industry comparison table to see how your stock compares to its expanded industry, and the S&P 500.

Researching stocks has never been so easy or insightful as with the ZER Analyst and Snapshot reports.

Learn more about Zacks Equity Research reports

See more Zacks Equity Research reports

   

Fiscal Year End for Cenovus Energy Inc falls in the month of December.

All items in Millions except Per Share data.

12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019
Assets          
Cash & Equivalents 1,650 3,480 2,292 282 140
Receivables 2,557 2,765 3,105 1,126 1,176
Notes Receivable 0 0 0 0 0
Inventories 2,985 3,317 3,127 813 1,155
Other Current Assets 0 0 1,040 0 4
Total Current Assets 7,192 9,561 9,565 2,222 2,475
Net Property & Equipment 27,595 28,075 27,308 18,969 20,976
Investments & Advances 271 281 248 0 0
Other Non-Current Assets 19 19 53 0 0
Deferred Charges 516 420 554 27 0
Intangibles 2,165 2,248 2,771 1,696 1,712
Deposits & Other Assets 939 951 1,067 699 752
Total Assets 39,940 42,974 43,170 24,463 26,913
Liabilities & Shareholders Equity 12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019
Notes Payable 0 0 0 0 0
Accounts Payable 4,060 4,711 5,069 1,506 1,665
Current Portion Long-Term Debt 133 88 63 90 0
Current Portion Capital Leases 0 0 0 0 0
Accrued Expenses 0 0 0 0 0
Income Taxes Payable 65 932 143 0 13
Other Current Liabilities 121 202 337 27 74
Total Current Liabilities 4,600 6,170 5,829 1,761 1,900
Mortgages 0 0 0 0 0
Deferred Taxes/Income 3,102 3,294 2,622 2,414 3,039
Convertible Debt 0 0 0 0 0
Long-Term Debt 5,266 6,685 9,882 5,555 5,048
Non-Current Capital Leases 0 0 0 0 0
Other Non-Current Liabilities 3,954 3,659 3,858 1,087 1,161
Minority Interest (Liabilities) 0 0 0 0 0
Total Liabilities 18,670 21,753 24,333 11,991 12,443
Shareholders Equity 12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019
Preferred Stock 384 399 414 0 0
Common Stock (Par) 11,876 12,553 13,577 8,241 8,320
Capital Surplus 1,483 2,070 3,418 3,278 3,299
Retained Earnings 6,603 4,917 701 374 2,228
Other Equity 924 1,282 727 579 623
Treasury Stock 0 0 0 0 0
Total Shareholder's Equity 21,270 21,221 18,837 12,472 14,470
Total Liabilities & Shareholder's Equity 39,940 42,974 43,170 24,463 26,913
Total Common Equity 20,885 20,822 18,423 12,472 14,470
Shares Outstanding 1,871.70 1,909.20 2,001.10 1,229.00 1,229.00
Book Value Per Share 11.16 10.91 9.21 10.15 11.77

Fiscal Year End for Cenovus Energy Inc falls in the month of December.

All items in Millions except Per Share data.

6/30/2024 3/31/2024 12/31/2023 9/30/2023 6/30/2023
Assets          
Cash & Equivalents -99,999 1,779 1,650 941 1,612
Receivables NA 2,967 2,557 3,478 2,626
Notes Receivable NA 0 0 0 0
Inventories NA 3,288 2,985 3,589 3,163
Other Current Assets NA 0 0 0 0
Total Current Assets NA 8,034 7,192 8,008 7,401
Net Property & Equipment NA 27,614 27,595 27,373 27,296
Investments & Advances NA 317 271 265 266
Other Non-Current Assets NA 19 19 19 19
Deferred Charges NA 463 516 478 564
Intangibles NA 2,167 2,165 2,179 2,174
Deposits & Other Assets NA 941 939 947 933
Total Assets NA 40,767 39,940 40,564 39,977
Liabilities & Shareholders Equity 6/30/2024 3/31/2024 12/31/2023 9/30/2023 6/30/2023
Notes Payable NA 0 0 0 0
Accounts Payable NA 4,308 4,060 4,796 4,493
Current Portion Long-Term Debt NA 0 133 10 0
Current Portion Capital Leases NA 0 0 0 0
Accrued Expenses NA 0 0 0 0
Income Taxes Payable NA 84 65 109 36
Other Current Liabilities NA 105 121 220 195
Total Current Liabilities NA 4,718 4,600 5,370 4,927
Mortgages NA 0 0 0 0
Deferred Taxes/Income NA 3,023 3,102 2,957 3,042
Convertible Debt NA 0 0 0 0
Long-Term Debt NA 5,357 5,266 5,384 6,348
Non-Current Capital Leases NA 0 0 0 0
Other Non-Current Liabilities NA 3,954 3,567 3,501
Minority Interest (Liabilities) NA 0 0 0 0
Total Liabilities NA 18,717 18,670 19,080 19,677
Shareholders Equity 6/30/2024 3/31/2024 12/31/2023 9/30/2023 6/30/2023
Preferred Stock NA 385 384 387 386
Common Stock (Par) NA 11,843 11,876 12,034 12,069
Capital Surplus NA 1,411 1,483 1,661 1,842
Retained Earnings NA 7,278 6,603 6,290 5,094
Other Equity NA 1,133 924 1,113 909
Treasury Stock NA 0 0 0 0
Total Shareholder's Equity NA 22,050 21,270 21,485 20,300
Total Liabilities & Shareholder's Equity NA 40,767 39,940 40,564 39,977
Total Common Equity 0 21,665 20,885 21,098 19,914
Shares Outstanding 1,859.30 1,860.20 1,871.70 1,883.60 1,896.40
Book Value Per Share 0.00 11.65 11.16 11.20 10.50