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Cenovus Energy (CVE)

(Delayed Data from NYSE)

$16.34 USD

16.34
5,040,032

+0.16 (0.99%)

Updated Nov 7, 2024 04:00 PM ET

After-Market: $16.34 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 Buy24.10%
2Buy17.80%
3Hold9.50%
4Sell2.70%
5Strong Sell2.70%
S&P50011.20%

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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.

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B Value C Growth C Momentum B 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%.

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Bottom 5% (238 out of 251)

Industry: Oil and Gas - Integrated - Canadian

Zacks News

Cenovus (CVE) Upgraded to Strong Buy: Here's Why

Cenovus (CVE) has been upgraded to a Zacks Rank #1 (Strong Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.

Cenovus Energy (CVE) Is Up 7.06% in One Week: What You Should Know

Does Cenovus Energy (CVE) have what it takes to be a top stock pick for momentum investors? Let's find out.

Has Helmerich & Payne (HP) Outpaced Other Oils-Energy Stocks This Year?

Here is how Helmerich & Payne (HP) and Cenovus Energy (CVE) have performed compared to their sector so far this year.

PBF Energy (PBF) Q4 Earnings Beat on Strong Refining Margin

Higher contributions from the Refining and Logistics segments aid PBF Energy's (PBF) Q4 earnings.

New Strong Buy Stocks for February 11th

ACGL, BAK, CVE, HOG, and FBIZ have been added to the Zacks Rank #1 (Strong Buy) List on February 11th.

Despite Fast-paced Momentum, Cenovus (CVE) Is Still a Bargain Stock

Cenovus (CVE) could be a great choice for investors looking to buy stocks that have gained strong momentum recently but are still trading at reasonable prices. It is one of the several stocks that made it through our 'Fast-Paced Momentum at a Bargain' screen.

Cenovus Energy (CVE) Q4 Earnings & Revenues Beat Estimates

Higher daily oil sand production and increased contributions from Christina Lake and Foster Creek operations aid Cenovus Energy's (CVE) Q4 earnings.

Suncor Energy (SU) Misses Q4 Earnings Estimates

Suncor Energy (SU) delivered earnings and revenue surprises of -6.58% and 4.18%, respectively, for the quarter ended December 2021. Do the numbers hold clues to what lies ahead for the stock?

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Top Analyst Reports for Lowe's, Southern Company & Freeport-McMoRan

Today's Research Daily features new research reports on 16 major stocks, including Lowe's Companies, Inc. (LOW), The Southern Company (SO), and Freeport-McMoRan Inc. (FCX).

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Oil & Gas Stock Roundup: Shell's Acquisition, EQT's Buyback & More

Apart from Royal Dutch Shell (RDS.A) and EQT Corporation (EQT), developments at Cenovus Energy (CVE), Suncor Energy (SU) and Imperial Oil (IMO) during the week remained in focus.

Cenovus (CVE) Scores Deal to Divest Alberta's Tucker Assets

Cenovus (CVE) will use the proceeds from the transaction to reduce the debt burden and improve its ability to raise shareholder returns.

The Zacks Analyst Blog Highlights: BP, Royal Dutch Shell, Exxon Mobil, ConocoPhillips and Cenovus Energy

The Zacks Analyst Blog Highlights: BP, Royal Dutch Shell, Exxon Mobil, ConocoPhillips and Cenovus Energy

Nilanjan Choudhury headshot

Oil & Gas Stock Roundup: BP & Shell Grab Headlines This Week

Apart from BP plc (BP) and Royal Dutch Shell (RDS.A), developments at ExxonMobil (XOM), ConocoPhillips (COP) and Cenovus Energy (CVE) during the week remained in focus.

Cenovus (CVE) Guides for 2022 Production & Capital Spending

With higher capital spending, Cenovus Energy (CVE) expects its production to improve year over year in 2022.

Cenovus (CVE) Down 1.5% Since Last Earnings Report: Can It Rebound?

Cenovus (CVE) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.

Canadian Natural (CNQ) to Buy Storm's Montney Assets for C$960M

With this agreement, Canadian Natural (CNQ) continues to expand its footprint in the Montney natural gas formation in northern Alberta and British Columbia.

New Strong Buy Stocks for November 12th

ETD, MATX, TMST, CVE, and YELP have been added to the Zacks Rank #1 (Strong Buy) List on November 12th.

Cenovus Energy (CVE) Gains 9.7% Despite Q3 Earnings Miss

Higher daily oil sand production aids Cenovus Energy's (CVE) Q3 earnings.

Sinopec (SNP) Begins Operations at China Gas Storage Facility

Sinopec's (SNP) Wei 11 gas storage facility is the largest underground natural gas storage cluster in north China, with a storage capacity of 10.03 bcm.

Cenovus (CVE) Jumps 30.7% in 6 Months: More Room to Run?

Cenovus Energy's (CVE) restructuring of its stakes in the Atlantic region with respective partners in Terra Nova and White Rose projects is likely to improve the company's economics.

Canadian Natural (CNQ) Requires COVID-19 Vaccinations for Workers

Canadian Natural (CNQ) requires workers and contractors at Canada sites to receive COVID-19 vaccinations by Dec 1, since Alberta copes with a deadly new wave of the virus.

Suncor (SU) Restructures Deal for 2 Offshore Canada Projects

Suncor (SU) will increase its interest in the Terra Nova offshore oil project to 48% from about 38%. It also agrees to increase its ownership stake in the White Rose oilfield asset.

Cenovus (CVE) Eyes Atlantic Assets Rejig, $10B Net Debt

The restructuring move from Cenovus (CVE) is likely to make its upstream portfolio more profitable and free up some capital, which can be allocated more efficiently toward producing assets.

Imperial Oil (IMO) to Make Renewable Diesel Plant at Strathcona

Imperial Oil's (IMO) renewable diesel project to trim emissions in the Canadian transportation space by around 3 million tons a year. This is like removing almost 650,000 passenger vehicles for a year.

Cenovus Energy (CVE) Slips 4% as Q2 Earnings Miss Estimates

A significant increase in transportation and blending expenses hurts Cenovus Energy's (CVE) Q2 earnings.