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Cenovus Energy (CVE)

(Real Time Quote from BATS)

$16.16 USD

16.16
3,819,465

-0.18 (-1.10%)

Updated Nov 8, 2024 02:56 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 D 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 ConocoPhillips (COP) Disappoint this Earnings Season?

ConocoPhillips' (COP) third-quarter production is expected to decrease following several divestures.

    Schlumberger (SLB) Posts In-Line Q3 Earnings, Revenues Miss

    Strong demand for directional drilling in the land market of North America supported Schlumberger's (SLB) Q3 numbers.

      Why You Shouldn't Bet Against Cenovus Energy (CVE) Stock

      Cenovus Energy (CVE) is seeing solid earnings estimate revision activity, and is a great company from a Zacks Industry Rank perspective.

        Cenovus Ties Up With Nozomi Networks to Boost Cyber Security

        Cenovus (CVE) opts for superior cyber security as data breach is on the rise.

          Cenovus Divests Suffield Assets to International Petroleum

          Cenovus (CVE) takes the next step following its strategy to divest $5 billion worth of assets.

            The Zacks Analyst Blog Highlights: Jones Energy, Willbros Group, Noble, TETRA Technologies and Cenovus Energy

            The Zacks Analyst Blog Highlights: Jones Energy, Willbros Group, Noble, TETRA Technologies and Cenovus Energy

              The Zacks Analyst Blog Highlights: BP, Royal Dutch Shell, Cenovus Energy, Canadian Natural Resources and Patterson-UTI Energy

              The Zacks Analyst Blog Highlights: BP, Royal Dutch Shell, Cenovus Energy, Canadian Natural Resources and Patterson-UTI Energy

                Nilanjan Choudhury headshot

                Oil & Gas Stock Roundup: BP Launches U.S. Pipeline IPO, Shell Enters Mexican Fuel Market

                BP (BP) said it would spin off its U.S. pipeline assets and take it public, while Shell (RDS.A) opened its first service station in Mexico as it gets ready to pour $1 billion in the country.

                  Cenovus to Sell Pelican Assets to Canadian Natural for C$975M

                  Cenovus (CVE) takes one step closer to the C$5 billion series of planned divestitures.

                    Canadian Natural Likely to Acquire Cenovus' Pelican Assets

                    Canadian Natural (CNQ) has an opportunity to increase its presence in the Pelican Lake oil assets.

                      TransCanada (TRP) to Take a Call on Keystone XL by Year End

                      TransCanada (TRP) is assessing the importance of its $7 billion Keystone XL pipeline and will reach a decision by the end of 2017.

                        Why Cenovus Energy (CVE) Might Surprise This Earnings Season

                        Cenovus Energy (CVE) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP ahead of earnings.

                          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.

                            Nilanjan Choudhury headshot

                            Oil & Gas Stock Roundup: Cheniere Starts Korea Gas Export, Jones Energy Sells Non-Core Assets

                            It was a week where oil prices plunged into bear territory amid continued U.S. production boom, while natural gas futures slipped below the psychologically important $3 threshold.

                              Cenovus Hit by CEO Retirement, ConocoPhillips Deal Plans

                              Shares Cenovus Energy Inc (CVE) fell 8.6% to eventually close at $7.12 on Jun 20 amid the announcement of the retirement of the company's CEO along with the much criticized deal with ConocoPhillips.

                                Enbridge (ENB) JV Alliance Pipeline Announces Force Majeure

                                Enbridge (ENB) and Calgary-based energy infrastructure company Veresen's joint venture, Alliance Pipeline, recently announced force majeure on its export pipeline connecting Chicago.

                                  Canada Oil Sands Likely to See More Chinese Investment

                                  Canada is encouraging Chinese companies to invest in its oil sands.

                                    Apache (APA) Offloads Canadian Light Oil Assets Worth $244M

                                    Apache Corporation (APA) is selling its Canadian light oil assets to Calgary-based Cardinal Energy Ltd. for C$330 million ($244 million).

                                      ConocoPhillips Concludes Asset Divestment to Cenovus Energy

                                      ConocoPhillips (COP) recently announced that it has concluded its earlier announced transaction with Cenovus Energy Inc. (CVE) pertaining to the divestment of the company's 50% non-operated interest in the Foster Creek Christina Lake ("FCCL") oil sands partnership as well as the majority of its western Canada Deep Basin gas assets.

                                        Cabot (COG) Beats on Earnings, Revenue Estimates in Q1

                                        Cabot Oil & Gas Corp. (COG) reported first quarter earnings per share -- adjusted for special items -- of 19 cents, surpassing the Zacks Consensus Estimate of 16 cents.

                                          Nabors (NBR) Misses on Q1 Earnings, Revenue Estimates

                                          Nabors Industries Ltd. reported first-quarter 2017 adjusted loss from continuing operations of 49 cents per share, wider than the Zacks Consensus Estimate of a loss of 34 cents on Apr 26.

                                            Suncor (SU) Beats on Q1 Earnings, Revenues Miss Estimates

                                            Suncor Energy Inc. (SU) reported first-quarter 2017 operating earnings per share of 37 U.S. cents, which beat the Zacks Consensus Estimate of 23 U.S. cents.

                                              Nilanjan Choudhury headshot

                                              Marathon Petroleum (MPC) Earnings Surprise in Q1, Sales Lag

                                              Refiner Marathon Petroleum (MPC) reported a surprise profit for its first quarter, thanks in part to its fast-growing pipeline segment.

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                                                TechnipFMC (FTI) Q1 Earnings Beat, Announces Stock Buyback

                                                Oil drilling equipment maker TechnipFMC (FTI) beat earnings expectations and announced a $500 million stock-repurchase plan.

                                                  Nilanjan Choudhury headshot

                                                  National Oilwell Varco (NOV) Q1 Loss Narrower than Expected

                                                  Energy equipment supplier National Oilwell Varco's (NOV) first-quarter loss came in narrower-than-expected as it gained from the reactivation of North American rigs.