Cenovus Energy Inc: (NYSE: CVE)

$29.87

-0.04 (-0.13%)

Volume 1,395,390

May 23 04:03 PM ET

Zacks Rank: 3-Hold

Zacks Rank	Definition	Annualized Return
#1	Strong Buy	26.6%
#2	Buy	18.71%
#3	Hold	10.12%
#4	Sell	4.32%
#5	Strong Sell	2.16%
S&P	500	9.93%

Overview Quote

            Stock Activity
        
		Day Low - High
		29.38 - 30.06
	
		52wk Low - High
		27.57 - 37.31
	
		Previous Close
		29.91
	
		Avg. Volume
		1,126,009
	
		Industry
		OIL-C$ INTEGRTD
	
		Market Cap
		22.61 B
	
		Div - Yield
		0.94 - 3.14
	
		Beta
		0.54
	
		PE (Forward)
		14.87
	
		Current Year Est.
		2.01
	
		Quarterly Earnings ESP 
		0.00%
	
Earnings ESP (Expected Surprise Prediction) is Zacks' proprietary methodology for determining which stocks have the best chance to surprise with their next earnings announcement. The Earnings ESP shows the percentage difference between the Most Accurate Estimate and the Consensus.

                Premium research
            
		Zacks Rank  Short-Term: 1-3 Months
                                                                
                                                                Zacks #1 Rank Strong Buys
                                                                
                                                            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
                                                                    
                                                                        #1
                                                                        Strong Buy
                                                                        26.6%
                                                                    
                                                                        #2
                                                                        Buy
                                                                        18.71%
                                                                    
                                                                        #3
                                                                        Hold
                                                                        10.12%
                                                                    
                                                                        #4
                                                                        Sell
                                                                        4.32%
                                                                    
                                                                        #5
                                                                        Strong Sell
                                                                        2.16%
                                                                    
                                                                        S&P
                                                                        500
                                                                        9.93%
                                                                    
Zacks Rank Education - Learn more about the Zacks Rank
Zacks Rank Home - All Zacks Rank resources in one place
Zacks Premium - The only way to get access to the Zacks Rank
                                                        
		3
Hold

		Zacks Recommendation  Long-Term: 6+ Months
                                                                
                                                                All Outperform Rated Stocks
                                                                
                                                            Zacks Recommendations are an excellent predictor of stock price movement over a 6+ month time frame. The recommendations come from the Zacks Equity Research group which combines the Zacks Rank with the insights from their team of over 50 equity analysts. The result is superior long term stock ratings.
The Zacks Recommendations are split into 3 groups: Buy, Hold and Sell. Our Buy recommendations have generated returns of 34.4% in 2006, and 16.69% in 2007. When Zacks Premium members click on the recommendation it will launch them to the Zacks Equity Research report for the stock.    More on these reports below.

                                                                    Difference Between Zacks Rank and Zacks Recommendation

                                                                    Zacks Equity Research Home
Zacks Premium - The only way to get access to Zacks Recommendations
                                                                
		Neutral
	
		Zacks Industry Rank Which industries are set to outperform or underperform the market? You'll find the answer here. We have broken down all industries into over 200 classifications. Then ranked these industries using the most powerful indicator we know (the Zacks Rank). The higher the industry rank, the better the industry should perform in the future. Once you have found an attractive industry then check out the Rank in Industry to find the best stocks within the industry.
When Zacks Premium members click on the Zacks Industry Rank link they will see the full listing of industries and their current rankings.

                                                                About Zacks Industry Rank

                                                                Zacks Industry Rank - All current industry ranks. 

                                                                Zacks Premium - The only way to get access to the Zacks Industry Rank
                                                            
		121 out of 265
	
		Equity Research Report The Zacks Recommendations and Zacks Target Prices are just two of the valuable resources you'll find in the reports created by the Zacks Equity Research group. When Zacks Premium members click on this link they will taken to a page that gives them access to the Zacks Equity Research report for the stock.

                                        Zacks Equity Research Home
                                        Zacks Premium - The only way to get access to Zacks Recommendations
                                    
Updated as of 05/7/2013

		PREMIUM
	
    (  = Change in last 30 days) 
Get all our stock ratings and recommendations with a Free Trial to Zacks Premium Start Free Trial 
Zacks Premium Home | Zacks Rank Stock Education

                Key Earnings Data
            
                            PE (Forward)
                            14.87
                        
                            PEG Ratio
                            1.49
                        
                            Current Year Est.
                            2.01
                        
                            Current Quarter Estimate
                            0.46
                        
                            Most Accurate Estimate
                            0.46
                        
                            Earnings ESP 
                            0.00%
                        
                            Next Earnings Report Date
                            07-24-2013
                        
                            EPS Last Year
                            1.82
                        
                            Expected Earnings Growth
                            10.00%
                        
Earnings ESP (Expected Surprise Prediction) is Zacks' proprietary methodology for determining which stocks have the best chance to surprise with their next earnings announcement. The Earnings ESP shows the percentage difference between the Most Accurate Estimate and the Consensus.

            Company Description
        
Cenovus Energy is an integrated oil company headquartered in Calgary, Alberta. The Company's operations include their growing enhanced oil projects and established natural gas and crude oil production in Alberta and Saskatchewan. The Company has four top-quality enhanced oil projects: Foster Creek, Christina Lake, Pelican Lake and Weyburn. Foster Creek, Christina Lake and Pelican Lake are located in northeast Alberta, and Weyburn is in Saskatchewan. The Company also has ownership interest in two high-quality refineries in Illinois and Texas. Cenovus Energy's ongoing objective is to advance technologies that reduce the amount of water, steam, natural gas and electricity used in their operations and to decrease surface land disturbance.   
Full CVE Company Report

        
NYSE data is at least 20 minutes delayed.
NASDAQ data is at least 15 minutes delayed.

            Interactive Java Charting | Fundamental Charts
        
            <a href="#"><img id="dart_image_1" src="http://b7d61a7c6b8c307bf531-a92a66b9587e2a0aa805bd4e70b98407.r95.cf2.rackcdn.com/images/zacks/logos/zacks_logo_230x76.png" width="336" height="280" border="0" alt="" /></a>        
Turn Earnings Surprises into quick profits.
 
CVE Chart  by YCharts

Earnings Estimates

	Current Qtr (06/2013)	Next Qtr (09/2013)	Current Year (12/2013)	Next Year (12/2014)
Average Estimate	0.46	0.52	2.01	2.33
Number of Estimates	5	4	8	8
Low Estimate	0.42	0.47	1.70	1.90
High Estimate	0.54	0.56	2.60	NA
Year Ago EPS	0.35	0.67	1.83	2.01
EPS Growth	32.57%	-22.76%	9.90%	15.72%

More CVE Estimates

Average Earnings Estimates for CVE

EPS Growth for CVE

Industry Analysis

Name	Symbol	Previous Close
CENOVUS ENERGY	CVE	29.91
INTEROIL CORP	IOC	92.34
IMPERIAL OIL LT	IMO	39.09
SUNCOR ENERGY	SU	31.31
ECOPETROL- ADR	EC	43.27

Sector:Oils-Energy>> Industry:OIL-C$ INTEGRTD

COMPARE TICKER vs. Its Peers

Zacks Commentary

FMC Tech Meets EPS, Beats Rev

Feb 13, 2013

Kinder Adds Trans Mountain Capacity

Jan 11, 2013

Kinder Morgan Files for Toll Terms

Jul 02, 2012

Report for CVE

May 07, 2013

More CVE Zacks Commentary

Financials

EPS TTM	1.82
Sales	16,808
Net Income	729
Price/Earnings	16.43
Price/Book	2.32
Price/Cash Flow	7.61
Price/Sales	1.37

More CVE Financials

News

Relatively Good Performance Detected in Shares of Ecopetrol in the Integrated Oil & Gas Industry (EC, IOC, BP, XOM, CVE) - Financial News Network Online - News Corner

May 23, 2013

Suncor Energy has Relatively Underperformed its Peers in the Integrated Oil & Gas Industry (SU, EC, OXY, MUR, CVE) - Financial News Network Online - News Corner

May 22, 2013

Ecopetrol had the Lowest Relative Performance in the Integrated Oil & Gas Industry (EC, HES, TOT, IOC, CVE) - Financial News Network Online - News Corner

May 21, 2013

Cenovus Energy (CVE) Showing Bearish Technicals With Resistance At $30.84 - Freshbrewedmedia

May 20, 2013

Shares of Cenovus Energy Receive a Boost, Up 1.5% - Financial News Network Online - Market Movers

May 16, 2013

5 Toxic Stocks to Sell in May and Go Away - TheStreet.com

May 14, 2013

Top 4 Large-Cap Stocks In The Oil & Gas Drilling & Exploration Industry With The Highest Revenue - Benzinga

May 13, 2013

Cenovus Energy (CVE) Could Fall Through $29.79 Support Level - Freshbrewedmedia

May 8, 2013

See All News Stories on CVE

Broker Recommendations

Current ABR	1.67
ABR (Last Week)	1.67
# of recs in ABR	12
Average Target Price	41.95
Industry Rank by ABR	121 out of 265
Rank in Industry	2 out of 5

More CVE Broker Recommendations

Username: Password:

Remember me [?]

Forgot Password

New Member