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Cenovus Energy (CVE)

(Delayed Data from NYSE)

$21.27 USD

21.27
6,515,798

+0.17 (0.81%)

Updated Apr 23, 2024 03:59 PM ET

After-Market: $21.28 +0.01 (0.05%) 7:58 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 Buy24.20%
2Buy18.04%
3Hold9.52%
4Sell5.20%
5Strong Sell2.60%
S&P50011.13%

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3-Hold of 5     3    

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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A Value A Growth A Momentum A 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 24% (192 out of 252)

Industry: Oil and Gas - Integrated - Canadian

Better trading starts here.

Zacks News

Here's Why Cenovus Energy (CVE) is a Strong Momentum Stock

Whether you're a value, growth, or momentum investor, finding strong stocks becomes easier with the Zacks Style Scores, a top feature of the Zacks Premium research service.

Should You Buy Cenovus Energy (CVE) Ahead of Earnings?

Cenovus Energy (CVE) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.

Earnings Preview: Imperial Oil (IMO) Q1 Earnings Expected to Decline

Imperial Oil (IMO) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Will Cenovus (CVE) Beat Estimates Again in Its Next Earnings Report?

Cenovus (CVE) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

Cenovus Energy (CVE) to Report Q1 Results: Wall Street Expects Earnings Growth

Cenovus (CVE) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Cenovus Energy (CVE) Invests $1.5B in Ohio Refineries' Growth

Cenovus Energy (CVE) announces a massive $1.5B investment to expand its Toledo and Lima refineries in Ohio, with plans to add 115 jobs and expand its U.S. headquarters.

Suncor Energy (SU) Up 8% Since Last Earnings Report: Can It Continue?

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

Cenovus Energy (CVE) Voices Concern Over Carbon Capture Aid

Cenovus Energy (CVE) criticizes the Canadian government for providing limited support to a C$16.5B carbon capture initiative, urging more financial backing and clarity.

Cenovus Energy (CVE) Maps Out an Ambitious 5-Year Expansion Plan

Cenovus Energy (CVE) sets the stage for a major production leap of 19% over the next five years, eyeing 950K boe/day by 2029.

Cenovus (CVE) Tops on Q4 Earnings, Expects '24 Production Hike

Cenovus' (CVE) Q4 earnings gain from higher contributions from the Oil Sands unit and lower expenses.

Cenovus Energy (CVE) Surpasses Q4 Earnings Estimates

Cenovus (CVE) delivered earnings and revenue surprises of 16% and 0.82%, respectively, for the quarter ended December 2023. Do the numbers hold clues to what lies ahead for the stock?

What's in Store for Cenovus Energy (CVE) in Q4 Earnings?

While decreased commodity prices are likely to have hurt Cenovus Energy's (CVE) Q4 earnings, higher production may have partially offset the negative.

Earnings Preview: Cenovus Energy (CVE) Q4 Earnings Expected to Decline

Cenovus (CVE) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Apple and Cenovus Energy have been highlighted as Zacks Bull and Bear of the Day

Apple and Cenovus Energy have been highlighted as Zacks Bull and Bear of the Day.

Benjamin Rains headshot

Bear of the Day: Cenovus Energy Inc. (CVE)

CVE is an integrated oil and energy firm that experienced a wave of downward earnings revisions recently. Cenovus Energy is also part of a low-ranked Zacks industry...

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.