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Cenovus Energy (CVE)

(Delayed Data from NYSE)

$18.27 USD

18.27
12,068,577

+0.43 (2.41%)

Updated Oct 4, 2024 04:00 PM ET

After-Market: $18.35 +0.08 (0.44%) 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 Buy23.68%
2Buy17.55%
3Hold9.21%
4Sell4.93%
5Strong Sell2.36%
S&P50010.96%

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3-Hold of 5     3    

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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A Value A Growth F 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%.

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Bottom 11% (224 out of 252)

Industry: Oil and Gas - Integrated - Canadian

Better trading starts here.

Zacks News

How Cenovus Energy (CVE) Stock Stands Out in a Strong Industry

Cenovus Energy (CVE) has seen solid earnings estimate revision activity over the past month, and belongs to a strong industry as well.

Why Is Cenovus (CVE) Down 6% Since Last Earnings Report?

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

Is Cenovus Energy (CVE) a Great Value Stock Right Now?

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

Cenovus (CVE) Q2 Earnings Beat on Higher Oil Production

Cenovus Energy's (CVE) second-quarter operating loss from the Conventional unit narrows year over year due to lower operating costs.

Cenovus Energy (CVE) Reports Q2 Loss, Lags Revenue Estimates

Cenovus (CVE) delivered earnings and revenue surprises of 43.18% and -20.26%, respectively, for the quarter ended June 2020. Do the numbers hold clues to what lies ahead for the stock?

ConocoPhillips Boosts Montney Footprint With $375M Acquisition

ConocoPhillips (COP) expects the acquisition of liquid-rich Montney acreage in British Columbia, Canada, to close in third-quarter 2020.

Cenovus Energy (CVE) to Report Q2 Earnings: What's in Store?

Lower hydrocarbon production and commodity prices are likely to have affected Cenovus Energy's (CVE) profit levels in the second quarter.

Cenovus Energy (CVE) Expected to Beat Earnings Estimates: What to Know Ahead of Q2 Release

Cenovus (CVE) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Nilanjan Choudhury headshot

Work Finally Begins on Keystone XL: Is the Uncertainty Over?

The $8 billion development is aimed at transporting oil sands crude from Canada to a market hub in the U.S. (Nebraska) for eventual delivery to refineries in the Gulf Coast.

Ovintiv Sees 650 Job Cuts in Canada & US Amid Weak Oil Demand

Ovintiv's (OVV) total workforce post redundancy is slimmed down to 2,100 with 1,900 employees and 200 contractors.

Cenovus (CVE) Up 20.1% Since Last Earnings Report: Can It Continue?

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

Why Has Cenovus Energy (CVE) Rallied 18.8% Since Q1 Earnings?

The coronavirus pandemic made quite a brutal impact on Cenovus Energy's (CVE) Q1 earnings.

Cenovus Energy (CVE) Reports Q1 Loss, Lags Revenue Estimates

Cenovus (CVE) delivered earnings and revenue surprises of -278.95% and -7.31%, respectively, for the quarter ended March 2020. Do the numbers hold clues to what lies ahead for the stock?

Cenovus Energy (CVE) to Report Q1 Earnings: What's in Store?

Although weak crude prices are likely to have hurt Cenovus Energy's (CVE) Q1 earnings, higher production is expected to have lent support.

Analysts Estimate Cenovus Energy (CVE) to Report a Decline in Earnings: What to Look Out for

Cenovus (CVE) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Cenovus Energy (CVE) in Focus: Stock Moves 7.3% Higher

Cenovus Energy (CVE) saw a big move last session, as its shares jumped more than 7% on the day, amid huge volumes.

Here's Why You Should Hold on to Cenovus (CVE) Stock Now

Cenovus (CVE) expects to reduce its oil sands operations' sustaining costs to C$2.60 per barrel in 2020.

Ovintiv Slashes Capex Twice in a Month, Betters Oil Hedges

Ovintiv (OVV) ensures strong cash-flow generation by streamlining oil hedges.

Implied Volatility Surging for Cenovus (CVE) Stock Options

Investors need to pay close attention to Cenovus (CVE) stock based on the movements in the options market lately.

Cenovus Curbs Capex for 2nd Time, Defers Dividend, Up 23.6%

Cenovus Energy (CVE) expects to reduce its oil sands operations' sustaining costs to C$2.60 per barrel in 2020.

Nilanjan Choudhury headshot

The Keystone XL Deal Explained: Here's What You Need To Know

The long-delayed pipeline has encountered significant regulatory, legal and environmental setbacks over the years.

Stock Market News for Apr 3, 2020

Stocks closed higher on Thursday, largely driven by President Donald Trump's tweet about the possibility of a massive reduction in oil production ahead.

Imperial Oil (IMO) Slashes 2020 Capex Amid Depressed Prices

Imperial Oil (IMO) reduces 2020 capital spending in response to the recent weakness in commodity prices.

Suncor Energy Limits 2020 Capex by 26%, Lowers Output Guidance

Suncor Energy (SU) trimmed its 2020 capital spending guidance by nearly 26% due to an unexpected drop in oil prices and bleak global demand on account of the coronavirus outbreak.

Parsley Energy Slashes 2020 Capex by 40%, Expects $225M FCF

Taking the current market volatility into account, Parsley Energy's (PE) executive heads plan to cut their respective annual cash compensations by at least 50% from the prior- year level.