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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.

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

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

Bottom 11% (224 out of 252)

Industry: Oil and Gas - Integrated - Canadian

Better trading starts here.

Zacks News

Concho Resources Endures Weak Oil Price, Trims Capex to $2B

Concho Resources' (CXO) success in sustaining a solid financial base in 2019 with $2.1 billion of liquidity and no near-term debt maturities is pleasing to investors' ears.

Nilanjan Choudhury headshot

Oil & Gas Stock Roundup: Capex & Dividend Cuts Continue in the Hard-Hit Sector

In order to cope with the downward spiral in oil prices, the likes of Occidental Petroleum (OXY) and Apache (APA) slashed their dividend payouts.

The Zacks Analyst Blog Highlights: Cenovus, Matador, Valero, Phillips 66 and Exxon Mobil

The Zacks Analyst Blog Highlights: Cenovus, Matador, Valero, Phillips 66 and Exxon Mobil

Cenovus (CVE) Down 70.9% 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.

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Price Crash Forces U.S. Oil Companies to Slash Budgets

While plunging oil prices force U.S. producers to take a step back, it can lead to balance sheet strength and increasing financial flexibilities.

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Refiners to Gain From Oil Crash, Coronavirus Lockdown Eases

Low crude price is good for refining and marketing companies as it reduces production costs and expenses.

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Oil Firms May Cut Dividends Ahead: ETFs & Stocks in Focus

If oil prices slip to around $20, we might see several dividend cuts in the space.

Sanghamitra Saha headshot

Global Oil Price War Begins: ETFs in Focus

Declining demand and OPEC+ producers' inability to crack an output cut deal dragged down oil prices and triggered a price war. These ETFs should be watched closely.

Cenovus to Curb Capital Spending in Weak Pricing Environment

Cenovus Energy (CVE) is set to cut its 2020 capital spending and production guidance by 32% and 5%, respectively.

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

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

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

Why Earnings Season Could Be Great for Cenovus (CVE)

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?

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?

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?

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

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

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

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

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

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?

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

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

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

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

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.