-2.55%
-3.49%
-6.07%
-24.41%
-3.44%
13.74%
82.55%
AI Spotlight on CVE
Company Description
Cenovus Energy Inc., together with its subsidiaries, develops, produces, and markets crude oil, natural gas liquids, and natural gas in Canada, the United States, and the Asia Pacific region.The company operates through Oil Sands, Conventional, Offshore, Canadian Manufacturing, U.S. Manufacturing, and Retail segments.The Oil Sands segment develops and produces bitumen and heavy oil in northern Alberta and Saskatchewan.
This segments Foster Creek, Christina Lake, Sunrise, and Tucker oil sands projects, as well as Lloydminster thermal and conventional heavy oil assets The Conventional segment holds assets primarily located in Elmworth-Wapiti, Kaybob-Edson, Clearwater, and Rainbow Lake operating in Alberta and British Columbia, as well as interests in various natural gas processing facilities.The offshore segment engages in the exploration and development activities.The Canadian Manufacturing segment includes the owned and operated Lloydminster upgrading and asphalt refining complex, which upgrades heavy oil and bitumen into synthetic crude oil, diesel fuel, asphalt, and other ancillary products, as well as owns and operates the Bruderheim crude-by-rail terminal and two ethanol plants.
The U.S. Manufacturing segment comprises the refining of crude oil to produce diesel, gasoline, jet fuel, asphalt, and other products.The Retail segment consists of marketing of its own and third-party refined petroleum products through retail, commercial, and bulk petroleum outlets, as well as wholesale channels.Cenovus Energy Inc.
was founded in 2009 and is headquartered in Calgary, Canada.
Market Data
| Last Price | 21.03 |
| Change Percentage | -2.55% |
| Open | 21.66 |
| Previous Close | 21.58 |
| Market Cap ( Millions) | 38414 |
| Volume | 3676594 |
| Year High | 29.96 |
| Year Low | 20.42 |
| M A 50 | 21.73 |
| M A 200 | 24.64 |
Financial Ratios
| FCF Yield | 13.78% |
| Dividend Yield | 3.76% |
| ROE | 12.67% |
| Debt / Equity | 33.59% |
| Net Debt / EBIDTA | 66.19% |
| Price To Book | 1.35 |
| Price Earnings Ratio | 10.71 |
| Price To FCF | 7.26 |
| Price To sales | 0.71 |
| EV / EBITDA | 4.49 |
News
- 14:05 - Imperial Oil (IMO) Q4 Earnings Beat Estimates
- Jan -21 - Are Investors Undervaluing Cenovus Energy Inc. (TSE:CVE) By 50%?
- Jan -14 - Trump Tariff Threat Starts to Ripple Through Canadian Oil Sector
- Jan -10 - Cenovus Energy (CVE) Gains As Market Dips: What You Should Know
- Dec -26 - Cenovus Energy (CVE): The Best Energy Stock to Invest in Now?
- Dec -24 - Is Cenovus Energy (CVE) Among the Top Oil and Gas Stocks to Invest in According to Hedge Funds?
- Dec -19 - Why Cenovus Energy (CVE) One of the Best Undervalued Energy Stocks to Buy According to Hedge Funds?
- Dec -19 - New Strong Sell Stocks for November 19th
- Dec -18 - Is Cenovus Energy Inc. (CVE) the Best High Growth Energy Stock to Invest in?
- Dec -13 - Cenovus Energy Outlines 2025 Growth Plan With $5 Billion Budget
- Dec -12 - Update On Cenovus 2025 Budget; National Bank With First Look
- Dec -12 - Cenovus announces 2025 capital budget and corporate guidance
- Dec -06 - Why Cenovus Energy Inc. (NYSE:CVE) is One of the Most Profitable Oil Stocks To Invest In
- Dec -01 - Is Cenovus Energy (CVE) the Best Crude Oil Stock to Buy Right Now?
- Nov -27 - Why Cenovus Energy (CVE) is One of the Cheapest Stocks to Buy on Robinhood?
- Nov -25 - Cenovus Energy announces redemption of Series 3 Preferred Shares
- Nov -23 - Is Weakness In Cenovus Energy Inc. (TSE:CVE) Stock A Sign That The Market Could be Wrong Given Its Strong Financial Prospects?
- Nov -22 - Do Options Traders Know Something About Cenovus Energy (CVE) Stock We Don't?
- Nov -21 - Cenovus Energy (CVE): Powering Growth and Innovation Under $25
- Nov -15 - Cenovus Energy Inc. (CVE): Among 12 High Growth Large Cap Stocks to Buy Now
Business Breakdown
Expected Mid-Term Growth
Segment n°1 -> United States Refining
Expected Growth : 3.83 %
What the company do ?
United States Refining from Cenovus Energy Inc. refers to the refining operations of Cenovus in the US, processing crude oil into various petroleum products.
Why we expect these perspectives ?
The 3.83% growth in United States Refining from Cenovus Energy Inc. is driven by increasing demand for refined products, improved refining margins, and strategic investments in capacity expansion and optimization. Additionally, the segment benefits from a favorable crude oil pricing environment and a strong operational performance.
Segment n°2 -> Oil Sands
Expected Growth : 4.8 %
What the company do ?
Cenovus Energy Inc.'s Oil Sands segment refers to the company's operations in Alberta, Canada, where it extracts heavy crude oil from oil sands deposits.
Why we expect these perspectives ?
Cenovus Energy's 4.8% growth in Oil Sands is driven by increased production at Christina Lake and Foster Creek, improved operating efficiencies, and higher crude oil prices. Additionally, the company's investment in debottlenecking projects and optimization of its steam-assisted gravity drainage (SAGD) technology have contributed to the growth.
Segment n°3 -> Corporate and Eliminations
Expected Growth : 4.0 %
What the company do ?
Corporate and Eliminations from Cenovus Energy Inc. represents the consolidation of various corporate and inter-segment transactions, eliminating duplicate revenues and expenses.
Why we expect these perspectives ?
Cenovus Energy Inc.'s Corporate and Eliminations segment growth of 4.0% is driven by increased focus on cost optimization, improved operational efficiency, and strategic capital allocation. Additionally, the company's efforts to reduce debt and enhance financial flexibility have contributed to this growth.
Segment n°4 -> Canadian Refining
Expected Growth : 3.83 %
What the company do ?
Canadian Refining from Cenovus Energy Inc. refers to the refining of crude oil into petroleum products, such as gasoline, diesel, and jet fuel, in Canada.
Why we expect these perspectives ?
Cenovus Energy's Canadian Refining segment growth of 3.83% is driven by increased demand for refined products, improved refining margins, and strategic investments in capacity expansion and optimization. Additionally, the segment benefits from a favorable crude oil supply mix, low operating costs, and a strong marketing and logistics network.
Segment n°5 -> Conventional
Expected Growth : 4.83 %
What the company do ?
Conventional from Cenovus Energy Inc. refers to the traditional oil and gas production operations of the company, excluding its oil sands and refining operations.
Why we expect these perspectives ?
Cenovus Energy's Conventional segment growth of 4.83% is driven by increased oil prices, improved operational efficiency, and strategic cost reductions. Additionally, the company's focus on optimizing production from its existing assets, such as the Christina Lake and Foster Creek projects, has contributed to the growth.
Segment n°6 -> Offshore
Expected Growth : 5.83 %
What the company do ?
Cenovus Energy Inc.'s Offshore segment includes oil and natural gas production from offshore facilities, primarily in the Atlantic region of Canada.
Why we expect these perspectives ?
Cenovus Energy's 5.83% offshore growth is driven by increasing oil prices, improved operational efficiency, and strategic investments in high-return projects. Additionally, the company's focus on cost reduction, divestment of non-core assets, and growing demand for oil and gas products contribute to its growth momentum.
Cenovus Energy Inc. Products
| Product Range | What is it ? |
|---|---|
| Crude Oil | Cenovus Energy Inc. produces and sells crude oil, a type of unrefined petroleum product, to refineries and other customers. |
| Natural Gas | Cenovus Energy Inc. explores, develops, and produces natural gas, a fossil fuel used for electricity generation, heating, and industrial processes. |
| Natural Gas Liquids (NGLs) | Cenovus Energy Inc. produces and sells NGLs, a group of hydrocarbons that include ethane, propane, and butane, used as feedstocks for petrochemicals and fuels. |
| Condensate | Cenovus Energy Inc. produces and sells condensate, a type of light oil used as a diluent to transport heavy oil through pipelines. |
| Heavy Oil | Cenovus Energy Inc. produces and sells heavy oil, a type of crude oil used to produce refined products such as diesel and jet fuel. |
Cenovus Energy Inc.'s Porter Forces
Threat Of Substitutes
Cenovus Energy Inc. operates in the oil and gas industry, where substitutes are limited. However, the increasing adoption of renewable energy sources and electric vehicles poses a moderate threat to the company's operations.
Bargaining Power Of Customers
Cenovus Energy Inc. sells its products to a diverse range of customers, including refineries, petrochemical plants, and other industrial users. The bargaining power of customers is low due to the lack of concentration in the customer base.
Bargaining Power Of Suppliers
Cenovus Energy Inc. relies on a few large suppliers for its operations, including drilling and extraction equipment providers. The bargaining power of suppliers is moderate due to the limited number of suppliers and the high switching costs.
Threat Of New Entrants
The oil and gas industry has high barriers to entry, including significant capital requirements and regulatory hurdles. The threat of new entrants is low, as it is difficult for new companies to enter the market and compete with established players like Cenovus Energy Inc.
Intensity Of Rivalry
The oil and gas industry is highly competitive, with many established players competing for market share. Cenovus Energy Inc. faces intense rivalry from other companies, including Suncor Energy, Imperial Oil, and Canadian Natural Resources Limited.
Capital Structure
| Value | |
|---|---|
| Debt Weight | 20.91% |
| Debt Cost | 5.82% |
| Equity Weight | 79.09% |
| Equity Cost | 17.78% |
| WACC | 15.28% |
| Leverage | 26.43% |
Cenovus Energy Inc. : Quality Control
Cenovus Energy Inc. passed 7 out of 9 key points:
Historical Valuation
Price/Earnings Ratio
Margin Valuation
Peers Valuation
Competitors
| Company | Rational |
|---|---|
| CVX | Chevron Corporation, through its subsidiaries, engages in integrated energy and chemicals operations worldwide. The company operates in two segments, Upstream and Downstream. The Upstream segment is involved in the exploration, … |
| SU.TO | Suncor Energy Inc. operates as an integrated energy company. The company primarily focuses on developing petroleum resource basins in Canada's Athabasca oil sands; explores, acquires, develops, produces, transports, refines, and … |
| FANG | Diamondback Energy, Inc., an independent oil and natural gas company, focuses on the acquisition, development, exploration, and exploitation of unconventional and onshore oil and natural gas reserves in the Permian … |
| IMO.TO | Imperial Oil Limited engages in exploration, production, and sale of crude oil and natural gas in Canada. The company operates through three segments: Upstream, Downstream and Chemical segments. The Upstream … |
| XOM | Exxon Mobil Corporation explores for and produces crude oil and natural gas in the United States and internationally. It operates through Upstream, Downstream, and Chemical segments. The company is also … |
Peers Metrics
DCF BETA
Expected Cash-Flows
Scoring Insights
Peers Group Analysis
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Suncor Energy
A-Score
1-Year Total Return ->
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ExxonMobil
A-Score
1-Year Total Return ->
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Diamondback Energy
A-Score
1-Year Total Return ->
4
Imperial Oil
A-Score
1-Year Total Return ->
5
Chevron
A-Score
1-Year Total Return ->
6
