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Cenovus Energy (CVE)

(Delayed Data from NYSE)

$16.34 USD

16.34
4,946,626

+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

Helmerich & Payne (HP) Posts Wider-Than-Expected Loss in Q2

Helmerich & Payne Inc. (HP) reported net operating loss per share for the fiscal second quarter of 2017 -- excluding special items -- of 47 cents, wider than the Zacks Consensus Estimate of a loss of 41 cents.

    Hess Corp (HES) Reports Wider-than-Expected Loss in Q1

    Hess Corporation (HES) reported adjusted first-quarter 2017 loss from continuing operations of $1.07 per share, wider than the Zacks Consensus Estimate of a loss of $1.06.

      Cenovus Shareholder Tries to Impede Deal with ConocoPhillips

      A shareholder of Cenovus Energy Inc. (CVE) has asked the Ontario Securities Commission to halt the company's $12.6 billion purchase of certain Canadian assets from independent oil producer ConocoPhillips (COP).

        McDermott (MDR) Q1 Earnings Beat, Revenues Miss Estimates

        McDermott International Inc. (MDR) reported earnings of 8 cents per share in first-quarter 2017, higher than the Zacks Consensus Estimate of 1 cent.

          Range Resources (RRC) Q1 Earnings & Revenues Beat Estimates

          Range Resources Corporation's (RRC) first quarter 2017 adjusted profit of 69 cents a share comfortably surpassed the Zacks Consensus Estimate of earnings of 18 cents.

            Baker Hughes (BHI) Incurs Narrower-Than-Expected Loss in Q1

            Baker Hughes Incorporated (BHI) incurred narrower-than-expected loss in first-quarter 2017.

              TransCanada (TRP) Sells 13 Hydroelectric Generation Assets

              TransCanada Corporation (TRP) recently completed the sale of 13 hydroelectric generation assets to renewable energy investor ArcLight Capital Partners, LLC's affiliate, Great River Hydro, LLC.

                Suncor Syncrude Project to Be Fully Operational June Onward

                Suncor Energy Inc. (SU) announced that the Syncrude oil sands project in Canada will resume production at its full potential by the end of June.

                  Core Laboratories (CLB) Tops Earnings and Revenues in Q1

                  Core Laboratories N.V. (CLB) reported first-quarter 2017 adjusted diluted earnings of 42 cents per share, surpassing the Zacks Consensus Estimate of 39 cents.

                    Eni Announces Temporary Shut Down Val d'Agri Oil Centre

                    Eni SpA (E) recently announced its plans to temporarily shut down the Val d'Agri Oil Centre. In fact, the company has already begun the procedures for plant closure.

                      Williams Partners Sells Stake in Williams Olefins for $2.1B

                      Williams Partners L.P. (WPZ) recently announced that it has agreed to divest 100% of its membership interest in Williams Olefins LLC, to NOVA Chemicals for $2.1 billion in cash

                        ConocoPhillips Divests San Juan Basin Assets for $3 Billion

                        ConocoPhillips recently entered into a definitive agreement to divest its interest in the San Juan Basin to an affiliate of Hilcorp Energy Company for about $3 billion of total proceeds.

                          Schlumberger, YPF Ink Bandurria Sur Block Development Deal

                          Schlumberger Ltd. (SLB) recently inked an agreement with Argentina's leading energy company, YPF, to begin a shale oil pilot project in Bandurria Sur Block in Vaca Muerta, Neuquen.

                            SeaDrill Unit Clinches Twin Contracts from ConocoPhillips

                            SeaDrill Limited (SDRL) recently declared that its affiliate, North Atlantic Drilling Limited (NADL), has been awarded contracts for its jack-ups - West Elara and West Linus - from ConocoPhillips (COP).

                              Swarup Gupta headshot

                              Profit from Canada's Growth Story with These 4 Top-Ranked Stocks

                              Bank of Canada acknowledged that economic growth was surpassing its expectations.

                                Cimarex (XEC) Announces Expiration of 5.875% Senior Notes

                                Cimarex Energy Co. (XEC) recently declared that its earlier announced cash tender offer to purchase any and all of the outstanding aggregate principal amount of its 5.875% Senior Notes, due 2022, expired on Apr 7, 2017.

                                  Cenovus Prices $2.9B Debt Offering to Fund Acquisition Deal

                                  Cenovus Energy Inc. (CVE) recently priced U.S. $2.9 billion of senior notes.

                                    The Zacks Analyst Blog Highlights: Concho Resources, Pioneer Natural Resources, Cenovus Energy, Evolution Petroleum and W&T Offshore

                                    The Zacks Analyst Blog Highlights: Concho Resources, Pioneer Natural Resources, Cenovus Energy, Evolution Petroleum and W&T Offshore

                                      Statoil Contracts Transocean Rigs to Drill Exploration Wells

                                      Statoil ASA (STO) recently announced that it, along with its license partners, has decided to use Transocean Ltd.s (RIG) semisubmersible rig ??? Transocean Spitsbergen ??? on three exploration wells in the U.K.

                                        5 Oil Stock Earnings Set to Double in Q1

                                        We have zeroed in on a few oil stocks that have the potential to post a substantial increase in first quarter 2017 earnings from the year-ago comparable quarter.

                                          Eni Announces Discovery of Gas & Condensates Offshore Libya

                                          Eni SpA (E) recently announced the discovery of gas and condensates offshore Libya.

                                            BP Inks Deal to Divest Forties Pipeline System to INEOS

                                            BP plc (BP) recently inked an agreement with INEOS to divest its Forties Pipeline System ('FPS') business.

                                              Nilanjan Choudhury headshot

                                              Oil & Gas Stock Roundup: ConocoPhillips' $13.3B Asset Sale, Exxon's Guyana Oil Find and More

                                              It was a week where oil prices reclaimed the $50-a-barrel level, while natural gas futures climbed to a 2-month high.

                                                BP & Accsys Technologies to Form Wood Acetylation Consortium

                                                According to recent reports, BP plc (BP) and Accsys Technologies ??? through its subsidiaries Tricoya Technologies Limited ("TTL") and Medite ??? have announced the formation of a consortium, Tricoya Ventures UK Limited ("TVUK").

                                                  Eni to Divest Gas & Power Operations in Belgium to Eneco

                                                  Eni SpA (E) recently announced that it has inked a sale and purchase agreement with Eneco.