Back to top
more

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%) 6:46 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%

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 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%.

Zacks Rank Education -- Learn more about the Zacks Rank
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

New Strong Sell Stocks for January 23rd

CVE, CMC and CUTR have been added to the Zacks Rank #5 (Strong Sell) List on January 23, 2023.

AZZ and Cisco have been highlighted as Zacks Bull and Bear of the Day

AZZ and Cisco have been highlighted as Zacks Bull and Bear of the Day.

Urbashi Dutta headshot

3 Energy Stocks Leading the Clean Energy Transition in 2024

ExxonMobil (XOM), Cenovus (CVE) and Canadian Natural (CNQ) distinguish themselves in the energy sector, displaying appealing clean energy profiles that are poised for gains in 2024.

Petrobras (PBR) Tenders Maintenance Services for Refinery

Petrobras (PBR) seeks maintenance services by issuing tenders for the critical Alberto Pasqualini (Refap) Refinery, advancing operational efficiency in its strategic move.

Shell (SHEL) Inks 20-Year Purchase Deal With Ksi Lisims LNG

Shell (SHEL) secures 2M metric tons/year LNG deal with Ksi Lisims in a proposed Canadian project, aiming to meet Asia's rising natural gas demand.

Shell's (SHEL) Appeal in Pollution Case Gets Top Court Nod

Shell's (SHEL) Nigerian subsidiary wins Supreme Court appeal, unlocking potential asset sales after a pollution case setback. Ongoing legal challenges persist.

Chevron (CVX) Declares Level 1 Incident at Richmond Refinery

Chevron's (CVX) Richmond refinery reports Level 1 incident. While there's no news of any immediate public health risk, concerns about air quality and regulatory compliance persist.

ExxonMobil (XOM) Projects $8.9B Operating Profit for Q4

ExxonMobil (XOM) expects a decrease in Q4 earnings due to lower oil prices, partially offset by higher natural gas prices.

EOG Resources (EOG) Prepares for 50% Less US Oil Growth in 2024

EOG Resources (EOG) is satisfied with its existing activity levels and does not foresee the need for an increase.

Talos (TALO) Initiates Production From Gulf of Mexico Wells

Talos (TALO) exclusively owns and operates the wells located near the Ram Powell platform.

Equinor (EQNR) Completes Divestment of Statfjord Stake to OKEA

The transaction underscores Equinor's (EQNR) commitment to long-term portfolio optimization and high grading.

Anindya Barman headshot

Tap These 5 Bargain Stocks With Attractive EV-to-EBITDA Ratio

We have screened bargain stocks KT, PK, CVE, FHN and NOAH based on the EV-to-EBITDA ratio, which offers a clearer picture of valuation and earnings potential.

Eni (E) Initiates First Gas Into Congo's Tango FLNG Facility

The facility is an important part of the Congo LNG project and fits with Eni's (E) goal of having a variety of energy sources. It is meant to meet the country's needs for generating power.

Nilanjan Choudhury headshot

Oil & Gas Stock Roundup: Exxon's Hebron Approval & Shell's Sparta FID Stand Out

XOM, SHEL, EQNR, CVE and IMO emerge as the energy headline makers during the week.

Cenovus (CVE) Creates Kaybob Duvernay JV With Athabasca

To kickstart the creation of Duvernay Energy, Cenovus (CVE) will contribute $18 million and Athabasca will contribute $22 million in seed capital.

Cenovus (CVE) Shares Dip 1.2% Since Posting Q3 Earnings Results

Higher contributions from the Oil Sands unit and lower expenses aid Cenovus' (CVE) earnings in Q3.

Cenovus (CVE) Q3 Earnings: How Key Metrics Compare to Wall Street Estimates

The headline numbers for Cenovus (CVE) give insight into how the company performed in the quarter ended September 2023, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

Is a Beat in Store for PBF Energy (PBF) in Q3 Earnings?

Higher production of refined products from the East Coast is expected to have aided PBF Energy's (PBF) earnings in Q3.

Enbridge (ENB) to Report Q3 Earnings: What's in the Offing?

Stable fee-based revenues from long-term contracts are likely to have aided Enbridge (ENB) in Q3.

What's in the Offing for Enerplus (ERF) in Q3 Earnings?

An upward cost trend is anticipated to have affected Enerplus' (ERF) earnings in Q3.

Is a Beat in Store for ConocoPhillips (COP) in Q3 Earnings?

Higher production is likely to have aided ConocoPhillips' (COP) performance in the third quarter.

Kimbell (KRP) to Report Q3 Earnings: What's in the Offing?

Favorable commodity prices are likely to have aided Kimbell's (KRP) in Q3.

Is a Beat in Store for EOG Resources (EOG) in Q3 Earnings?

Favorable commodity prices and production are likely to have aided EOG Resources' (EOG) upstream activities in Q3.

Gibson Energy Inc. (GBNXF) Q3 Earnings Miss Estimates

Gibson Energy Inc. (GBNXF) delivered earnings and revenue surprises of -42.86% and 18.45%, respectively, for the quarter ended September 2023. Do the numbers hold clues to what lies ahead for the stock?

Sunoco (SUN) to Post Q3 Earnings: What's in the Offing?

Lower motor fuel gallons sold are likely to have affected Sunoco's (SUN) performance in Q3.