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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

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

Cenovus to Acquire Remaining Stake in BP's Sunrise Project

As part of the deal, Cenovus (CVE) will give up its 35% interest in Canada's Bay du Nord oil project to BP.

Zacks.com featured highlights Sanderson Farms, U.S. Steel, Century Communities, Qualcomm and Cenovus Energy

Sanderson Farms, U.S. Steel, Century Communities, Qualcomm and Cenovus Energy have been highlighted in this Screen of the Week article.

Eni (E) to Proceed With Planned Milan Listing of Plenitude

Eni (E) will conduct the IPO on Euronext Milan stock exchange, which will help Plenitude diversify its ownership structure, consolidate its position and develop rapidly.

Swayta Shah headshot

5 Stocks With Solid Sales Growth to Counter Bearish Markets

Robust sales growth is important to gauge a company's health and ability to sustain its business. Let's check at Sanderson Farms (SAFM), United States Steel (X), Century Communities (CCS), Qualcomm (QCOM) & Cenovus Energy (CVE), which are posting top-line growth.

What Makes Cenovus Energy (CVE) a Strong Momentum Stock: Buy Now?

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

Is PBF Energy (PBF) Stock Outpacing Its Oils-Energy Peers This Year?

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

Nilanjan Choudhury headshot

Oil & Gas Stock Roundup: SHEL OKs Project Down Under, CVX Gets Venezuela Reprieve

Apart from Shell (SHEL) and Chevron (CVX), Cenovus Energy (CVE), Phillips 66 (PSX) and PDC Energy (PDCE) hog limelight during the week.

Cenovus (CVE) to Restart West White Rose Project in Canada

Cenovus (CVE) and partners have worked to significantly de-risk the project in the past 16 months.

Cenovus (CVE) Up 13.6% 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.

Canadian Natural (CNQ) Stock Up 3% Since Q1 Earnings Beat

Canadian Natural Resources Limited (CN)) stock rises 3.1% after the company's first-quarter earnings and revenues beat the consensus mark.

Targa (TRGP) Stock Down 2% Since Q1 Earnings & Sales Miss

Targa Resources' (TRGP) share price dips after its first-quarter earnings and revenues lag the consensus mark.

TechnipFMC plc (FTI) Stock Up 3.6% Despite Wider Q1 Loss

TechnipFMC plc's (FTI) first-quarter loss is wider than the consensus mark. Revenues miss estimates due to lower-than-predicted performances.

Williams (WMB) Q1 Earnings Beat Estimates, Revenues Miss

The Williams Companies, Inc. (WMB) Q1 earnings beat the consensus mark, while sales underperform the same.

Imperial Oil (IMO) Q1 Earnings & Revenues Beat Estimates

Imperial Oil's (IMO) first-quarter revenues and earnings beat the consensus mark due to the impressive performance in the Upstream and Downstream segments.

BP Beats Q1 Earnings Estimates, Announces Share Buyback

Higher realizations of commodity prices aid BP's earnings in Q1.

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.