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

Bottom 5% (238 out of 251)

Industry: Oil and Gas - Integrated - Canadian

Zacks News

Will Cenovus (CVE) Gain From C$625M Pipestone Business Sale?

Cenovus (CVE) reveals that the to-be-divested Pipestone business produced 8,800 barrels of oil equivalent per day (BOE/d) through the January-to-June period of 2018.

    Cenovus Energy (CVE) Posts Loss in Q2, Revenues Top Estimates

    Escalated transportation and blending expenses hurt Cenovus Energy's (CVE) bottom line in Q2.

      Rimmi Singhi headshot

      High Costs, Pipeline Shortage Spur Canadian Energy Exodus

      While overall Canadian oil production is likely to increase to 5.6 million bpd by 2035, lack of takeaway capacity is not expected to wane anytime soon.

        ConocoPhillips (COP) Plans to Divest Stake in Cenovus Energy

        ConocoPhillips (COP) intends to sell its stake in Cenovus Energy to lower debt burden.

          The Zacks Analyst Blog Highlights: Marathon Oil, Cenovus, Kinder Morgan, TransCanada and Enbridge

          The Zacks Analyst Blog Highlights: Marathon Oil, Cenovus, Kinder Morgan, TransCanada and Enbridge

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            Is Canada's Oil Pipeline Bottleneck Choking the Economy?

            Canadian oil sands are home to some of the world's largest crude deposits but reduced pipeline access to the American market has created a supply glut leading to significantly lower prices.

              Suncor (SU) Hits 52-Week High, Rallies 8.4% Since Q1 Results

              Suncor (SU) is benefiting from its robust and diversified portfolio, strategic strides and shareholder-friendly moves.

                Dearth of Pipeline Capacity Plagues Canadian Oil Producers

                The heavy discount between Canadian crude prices and futures force oil sands players to shut plants for maintenance.

                  Cenovus Energy Seeks Partner for C$1.3B Narrows Lake Project

                  Cenovus Energy's (CVE) stressed balance sheet forces it to look for a partner in order to finance construction costs of the supporting infrastructure at its Narrows Lake oil sands project in Alberta.

                    Options Traders Expect Huge Moves in Cenovus Energy (CVE) Stock

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

                      Cenovus Energy (CVE) Soars: Stock Adds 5.2% in Session

                      Shares of Cenovus Energy (CVE) rose over 5% yesterday.

                        Nilanjan Choudhury headshot

                        Oil & Gas Stock Roundup: Shell Boosts Power Market Presence, Cabot Sells Eagle Ford Assets

                        Royal Dutch Shell (RDS.A) has signed an agreement to buy British energy supplier First Utility, while Cabot Oil & Gas (COG) announced plans to offload its Eagle Ford shale holdings for $765 million.

                          Cenovus Energy Unveils Leaner Capex Amid Leverage Concerns

                          As a part of its cost-cutting efforts, Cenovus Energy (CVE) plans to slash 500-700 jobs in 2018.

                            Should Value Investors Pick Cenovus Energy (CVE) Stock?

                            Cenovus Energy (CVE) is an inspired choice for value investors, as it is hard to beat its incredible lineup of statistics on this front.

                              Cenovus (CVE) Sells Weyburn Assets to Whitecap Resources

                              Cenovus (CVE) moves ahead with the sale of the last of its four major assets.

                                Why Earnings Season Could Be Great for Cenovus Energy (CVE)

                                Cenovus Energy (CVE) is seeing favorable earnings estimate revision activity as of late, which is generally a precursor to an earnings beat.

                                  How Bad Will the Effect of Weather be on AIG Q3 Earnings?

                                  AIG is likely to see its earnings suffer from catastrophe loss, weakness in Commercial Insurance and lower buyback, partly offset by higher contribution from the Consumer Insurance unit.

                                    Will Higher Membership, Revenues Aid Cigna (CI) Q3 Earnings?

                                    Cigna (CI) is likely to perform well in Q3 on the back of membership growth, higher contribution from its segments and disciplined capital management.

                                      EOG Resources (EOG) Q3 Earnings: What's in the Cards?

                                      EOG Resources (EOG) is expected to report better-than-expected results for the third quarter due to higher realized commodity prices and production.

                                        Is Canadian Natural (CNQ) Likely to Beat on Q3 Earnings?

                                        Canadian Natural Resources (CNQ) is expected to gain from improved pricing scenario and efficient cost structure in the third quarter.

                                          Weatherford (WFT) to Report Q3 Earnings: What's in Store?

                                          Weatherford (WFT) is expected to benefit from Canada getting back again after the spring break-up along with fresh U.S. oilfield services contracts, following the rise in oil prices.

                                            Is a Beat in Store for Transocean (RIG) in Q3 Earnings?

                                            Transocean's (RIG) aggressive cost reduction programs can help to drive the company's earnings in the third quarter of 2017.

                                              Williams Companies (WMB) Q3 Earnings: What's in the Cards?

                                              William Companies (WMB) third-quarter results may be marred by the divestiture of Geismar Plant and Canadian assets.

                                                Will Newfield Exploration (NFX) Disappoint in Q3 Earnings?

                                                Newfield's (NFX) production in the third quarter is expected to decline year over year.

                                                  What to Expect From CONSOL Energy (CNX) in Q3 Earnings?

                                                  The expected drop in natural gas prices are going to impact third-quarter earnings of CONSOL Energy (CNX).