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Cenovus Energy (CVE)

(Delayed Data from NYSE)

$19.76 USD

19.76
6,037,419

+0.34 (1.75%)

Updated Jul 25, 2024 04:00 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 Buy24.15%
2Buy17.88%
3Hold9.47%
4Sell5.14%
5Strong Sell2.57%
S&P50011.11%

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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 B Growth B 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 8% (231 out of 250)

Industry: Oil and Gas - Integrated - Canadian

Better trading starts here.

Zacks News

Patterson-UTI (PTEN) Posts Narrower Loss, Sales Beat in Q1

Patterson-UTI (PTEN) posts a Q1 loss narrower than the consensus mark, while revenues marginally beat estimates.

Activist Investor Pursues Alterations at Suncor Energy (SU)

Per Elliott Investment Management, which owns a 3.4% interest in Suncor (SU), the company's shares have underperformed even though crude prices have risen to multi-year highs.

Cenovus (CVE) Misses Q1 Earnings Estimates, Hikes Dividend

Increased transportation and blending expenses, and costs for purchased products hurt Cenovus' (CVE) earnings in Q1.

Activists Caution Shell (SHEL) Over Emission Target Liability

The environmental activist group warns Shell (SHEL) about its inaction to implement the Dutch court's verdict to lower emissions.

Cenovus (CVE) to Report Q1 Earnings: What's in the Cards?

Higher oil prices, resulting in increased field development costs, are likely to have hurt Cenovus' (CVE) Q1 earnings.

Zacks.com featured highlights ConocoPhillips, Cenovus Energy and CF Industries

ConocoPhillips, Cenovus Energy and CF Industries have been highlighted in this Screen of the Week article.

Sandip Chakraborty headshot

3 Stocks With Momentum Anomaly to Create a Winning Portfolio

ConocoPhillips (COP), Cenovus Energy (CVE) and CF Industries Holdings (CF) are currently witnessing a short-term pullback in price. So, make sure you take full advantage of it.

Shell (SHEL) & BYD Partner for EV Charging in Europe & China

The oil supermajor, Shell plc (SHEL), teams up with the Chinese manufacturer, BDY, as it enters into a strategic EV charging cooperation agreement.

Oceaneering (OII) Reveals Revolving Credit Facility of $215M

Oceaneering International's (OII) new credit facility replaces the existing one, which was supposed to mature on Jan 25, 2023.

Here Is Why Bargain Hunters Would Love Fast-paced Mover Cenovus (CVE)

Cenovus (CVE) made it through our 'Fast-Paced Momentum at a Bargain' screen and could be a great choice for investors looking for stocks that have gained strong momentum recently but are still trading at reasonable prices.

Suncor (SU) to Put Emphasis on Hydrogen and Renewable Fuels

Suncor Energy (SU) divests solar and wind assets to concentrate on hydrogen and renewable power.

Has Cenovus Energy (CVE) Outpaced Other Oils-Energy Stocks This Year?

Here is how Cenovus Energy (CVE) and Helmerich & Payne (HP) have performed compared to their sector so far this year.

Here's Why Cenovus Energy (CVE) is a Great Momentum Stock to Buy

Does Cenovus Energy (CVE) have what it takes to be a top stock pick for momentum investors? Let's find out.

Here Is Why Bargain Hunters Would Love Fast-paced Mover Cenovus (CVE)

Cenovus (CVE) made it through our 'Fast-Paced Momentum at a Bargain' screen and could be a great choice for investors looking for stocks that have gained strong momentum recently but are still trading at reasonable prices.

Ovintiv (OVV) Shares Rise 21.4% Despite Q4 Earnings Miss

Ovintiv Inc. (OVV) stock rises 21.4% despite the company's fourth-quarter earnings lagging the consensus mark. However, revenues beat estimates.

Canadian Natural (CNQ) Stock Up 2.1% Since Q4 Earnings Beat

Canadian Natural Resources Limited (CNQ) stock rises 2.1% after the company's fourth-quarter earnings and revenues beat the consensus mark.

Has Helmerich & Payne (HP) Outpaced Other Oils-Energy Stocks This Year?

Here is how Helmerich & Payne (HP) and Cenovus Energy (CVE) have performed compared to their sector so far this year.

Zacks.com featured highlights include Devon Energy, Cenovus Energy, and Marathon Oil

Devon Energy, Cenovus Energy, and Marathon Oil are part of Today Screen of the Week article.

Sandip Chakraborty headshot

3 Stocks With Momentum Anomaly to Create a Winning Portfolio

Devon Energy (DVN), Cenovus Energy (CVE) and Marathon Oil (MRO) are currently witnessing a short-term pullback in price. So, make sure you take full advantage of it.

Cenovus (CVE) Up 5.3% Since Last Earnings Report: Can It Continue?

Cenovus (CVE) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.

Cenovus Energy (CVE): Strong Industry, Solid Earnings Estimate Revisions

Cenovus Energy (CVE) has seen solid earnings estimate revision activity over the past month, and belongs to a strong industry as well.

Best Momentum Stocks to Buy for March 7th

CVE, GLNG, and CVX made it to the Zacks Rank #1 (Strong Buy) momentum stocks list on March 7, 2022.

New Strong Buy Stocks for March 7th

AGCO, CVE, CROX, GPI, and JWN have been added to the Zacks Rank #1 (Strong Buy) List on March 7, 2022.

Targa (TRGP) Earnings Miss, Revenues Beat Estimates in Q4

Targa Resources' (TRGP) fourth-quarter earnings lag the consensus mark, while revenues beat estimates.

Matador (MTDR) Stock Up 5.5% Since Q4 Earnings Beat Estimates

Increased production volumes and higher commodity price realizations aid Matador's (MTDR) earnings in Q4.