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

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 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%.

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

Bottom 8% (231 out of 250)

Industry: Oil and Gas - Integrated - Canadian

Zacks Premium FeatureView All Zacks #1 Ranked Stocks

Better trading starts here.

Zacks News

Nilanjan Choudhury headshot

Oil & Gas Stock Roundup: Williams, Concho & Pioneer Natural Report Q4 Earnings

by Nilanjan Choudhury

Premier Permian producers Pioneer Natural Resources (PXD) and Concho Resources (CXO) not only beat Q4 expectations but also boosted their quarterly dividends.

Cenovus' (CVE) Earnings and Revenues Miss Estimates in Q4

by Zacks Equity Research

Lower margins from the refining and marketing businesses hurt Cenovus' (CVE) Q4 earnings.

Why Earnings Season Could Be Great for Cenovus (CVE)

by Zacks Equity Research

Cenovus (CVE) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings.

Is a Beat Likely for Antero Resources (AR) in Q4 Earnings?

by Zacks Equity Research

Antero Resources' (AR) fourth-quarter earnings are expected to have been supported by higher production volumes.

What's in Store for Antero Midstream's (AM) Q4 Earnings?

by Zacks Equity Research

Antero Midstream's (AM) fourth-quarter results are likely to been aided by increased compression volumes.

Is a Beat Likely for Viper Energy (VNOM) in Q4 Earnings?

by Zacks Equity Research

Viper Energy Partners' (VNOM) fourth-quarter production is likely to have risen year over year, in turn boosting profit levels.

Cenovus Energy (CVE) Earnings Expected to Grow: What to Know Ahead of Next Week's Release

by Zacks Equity Research

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.

Baytex Releases Preliminary Report for Q419 and Full Year

by Zacks Equity Research

Baytex Energy's (BTE) Q4 preliminary results reflect an effective decrease in debt burden by C$100 million.

Magellan Midstream to Sell 3 Marine Terminals, Hikes Payout

by Zacks Equity Research

The distribution hike on offer at Magellan Midstream (MMP) represents the firm's 71st payout increase since it went public.

Top Ranked Growth Stocks to Buy for January 23rd

by Zacks Equity Research

Here are four stocks with buy ranks and strong growth characteristics for investors to consider today, January 23rd

McDermott International Files for Bankruptcy: What to Expect

by Zacks Equity Research

Backed by the restructuring process and a secure exit financing of more than $2.4 billion, McDermott (MDR) looks forward to come out of bankruptcy with roughly $500 million in debt.

Gulfport's Bearish Run Persists: Can the Stock Turn Around?

by Zacks Equity Research

With natural gas prices recently diving to more than three-year lows and Gulfport (GPOR) positioned as one of the most gas-weighted upstream players, the company's performance is weighed on.

Encana to Shift Base to the United States, Rebrand as Ovintiv

by Zacks Equity Research

Through this restructuring, Encana (ECA) will effectively exchange Ovintiv's one share of common stock for every five common shares of Encana.

Why Cenovus (CVE) Stock Might be a Great Pick

by Zacks Equity Research

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

Cenovus to Increase 2020 Capital Investment & Production

by Zacks Equity Research

Cenovus Energy (CVE) expects 70% of 2020 capital spending to be used for sustaining production levels, primarily at the Foster Creek and Christina Lake oil sands operations.

Canadian Natural (CNQ) Scales Up 2020 Capex & Production View

by Zacks Equity Research

Canadian Natural (CNQ) expects its 2020 oil and natural gas liquid production within 910-970 million barrels per day (Mbbl/d), higher than the 2019 guided range of 839-888 Mbbl/d.

Imperial Oil (IMO) Earnings and Sales Lag Estimates in Q3

by Zacks Equity Research

Imperial Oil (IMO) returns C$512 million to its shareholders through dividends and share buybacks in the third quarter.

Cenovus (CVE) Q3 Earnings Beat Estimates, Revenues Miss

by Zacks Equity Research

Higher realized crude price from oil sands operations backs Cenovus' (CVE) Q3 numbers.

Cenovus Energy (CVE) Q3 Earnings Surpass Estimates

by Zacks Equity Research

Cenovus (CVE) delivered earnings and revenue surprises of 12.50% and -8.99%, respectively, for the quarter ended September 2019. Do the numbers hold clues to what lies ahead for the stock?

Cenovus Energy (CVE) Earnings Expected to Grow: Should You Buy?

by Zacks Equity Research

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.

Nilanjan Choudhury headshot

Oil & Gas Stock Roundup: ExxonMobil & Shell's Q3 Updates, ConocoPhillips' Dividend Hike

by Nilanjan Choudhury

ExxonMobil (XOM) and Royal Dutch Shell (RDS.A) issued updates on their upcoming Q3 earnings. Meanwhile, ConocoPhillips (COP) announced a 38% dividend hike combined with a $3 billion share repurchase.

Cenovus (CVE) Hikes Q4 Dividend & Lowers 2019 Capital Budget

by Zacks Equity Research

Cenovus (CVE) says that its operations, as a whole, are strong enough to generate significant fund flow that will help it lower debt burden.

Why Is Cenovus (CVE) Down 9.6% Since Last Earnings Report?

by Zacks Equity Research

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

Will Canada's Extended Oil Cut Plan Boost the Energy Sector?

by Zacks Equity Research

With pipeline crisis in Canada not likely to resolve anytime soon, the oil curtailment program has been extended through 2020-end.

Imperial Oil (IMO) Tops Earnings and Sales Estimates in Q2

by Zacks Equity Research

Imperial Oil (IMO) generates cash flow from operating activities of C$1,029 million in second-quarter 2019.