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Cenovus Energy (CVE)

(Delayed Data from NYSE)

$21.46 USD

21.46
7,791,108

+0.18 (0.85%)

Updated Apr 26, 2024 04:00 PM ET

After-Market: $21.46 0.00 (0.00%) 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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Top 21% (53 out of 252)

Industry: Oil and Gas - Integrated - Canadian

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Balance Sheet

Research for CVE

The Zacks Equity Research reports, or ZER for short, are our in-house, independently produced research reports.

The ever popular one-page Snapshot reports are generated for virtually every single Zacks Ranked stock. It's packed with all of the company's key stats and salient decision making information. Including the Zacks Rank, Zacks Industry Rank, Style Scores, the Price, Consensus & Surprise chart, graphical estimate analysis and how a stocks stacks up to its peers.

The detailed multi-page Analyst report does an even deeper dive on the company's vital statistics. In addition to all of the proprietary analysis in the Snapshot, the report also visually displays the four components of the Zacks Rank (Agreement, Magnitude, Upside and Surprise); provides a comprehensive overview of the company business drivers, complete with earnings and sales charts; a recap of their last earnings report; and a bulleted list of reasons to buy or sell the stock. It also includes an industry comparison table to see how your stock compares to its expanded industry, and the S&P 500.

Researching stocks has never been so easy or insightful as with the ZER Analyst and Snapshot reports.

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Fiscal Year End for Cenovus Energy Inc falls in the month of December.

All items in Millions except Per Share data.

12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019
Assets          
Cash & Equivalents 1,650 3,480 2,292 282 140
Receivables 2,557 2,765 3,105 1,126 1,176
Notes Receivable 0 0 0 0 0
Inventories 2,985 3,317 3,127 813 1,155
Other Current Assets 0 0 1,040 0 4
Total Current Assets 7,192 9,561 9,565 2,222 2,475
Net Property & Equipment 27,595 28,075 27,308 18,969 20,976
Investments & Advances 271 281 248 0 0
Other Non-Current Assets 19 19 53 0 0
Deferred Charges 516 420 554 27 0
Intangibles 2,165 2,248 2,771 1,696 1,712
Deposits & Other Assets 939 951 1,067 699 752
Total Assets 39,940 42,974 43,170 24,463 26,913
Liabilities & Shareholders Equity 12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019
Notes Payable 0 0 0 0 0
Accounts Payable 4,060 4,711 5,069 1,506 1,665
Current Portion Long-Term Debt 133 88 63 90 0
Current Portion Capital Leases 0 0 0 0 0
Accrued Expenses 0 0 0 0 0
Income Taxes Payable 65 932 143 0 13
Other Current Liabilities 121 202 337 27 74
Total Current Liabilities 4,600 6,170 5,829 1,761 1,900
Mortgages 0 0 0 0 0
Deferred Taxes/Income 3,102 3,294 2,622 2,414 3,039
Convertible Debt 0 0 0 0 0
Long-Term Debt 5,266 6,685 9,882 5,555 5,048
Non-Current Capital Leases 0 0 0 0 0
Other Non-Current Liabilities 3,954 3,659 3,858 1,087 1,161
Minority Interest (Liabilities) 0 0 0 0 0
Total Liabilities 18,670 21,753 24,333 11,991 12,443
Shareholders Equity 12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019
Preferred Stock 384 399 414 0 0
Common Stock (Par) 11,876 12,553 13,577 8,241 8,320
Capital Surplus 1,483 2,070 3,418 3,278 3,299
Retained Earnings 6,603 4,917 701 374 2,228
Other Equity 924 1,282 727 579 623
Treasury Stock 0 0 0 0 0
Total Shareholder's Equity 21,270 21,221 18,837 12,472 14,470
Total Liabilities & Shareholder's Equity 39,940 42,974 43,170 24,463 26,913
Total Common Equity 20,885 20,822 18,423 12,472 14,470
Shares Outstanding 1,871.70 1,909.20 2,001.10 1,229.00 1,229.00
Book Value Per Share 11.16 10.91 9.21 10.15 11.77

Fiscal Year End for Cenovus Energy Inc falls in the month of December.

All items in Millions except Per Share data.

3/31/2024 12/31/2023 9/30/2023 6/30/2023 3/31/2023
Assets          
Cash & Equivalents -99,999 1,650 941 1,612 1,515
Receivables NA 2,557 3,478 2,626 2,725
Notes Receivable NA 0 0 0 0
Inventories NA 2,985 3,589 3,163 3,151
Other Current Assets NA 0 0 0 0
Total Current Assets NA 7,192 8,008 7,401 7,391
Net Property & Equipment NA 27,595 27,373 27,296 27,226
Investments & Advances NA 271 265 266 264
Other Non-Current Assets NA 19 19 19 18
Deferred Charges NA 516 478 564 560
Intangibles NA 2,165 2,179 2,174 2,161
Deposits & Other Assets NA 939 947 933 949
Total Assets NA 39,940 40,564 39,977 39,917
Liabilities & Shareholders Equity 3/31/2024 12/31/2023 9/30/2023 6/30/2023 3/31/2023
Notes Payable NA 0 0 0 0
Accounts Payable NA 4,060 4,796 4,493 4,012
Current Portion Long-Term Debt NA 133 10 0 0
Current Portion Capital Leases NA 0 0 0 0
Accrued Expenses NA 0 0 0 0
Income Taxes Payable NA 65 109 36 52
Other Current Liabilities NA 121 220 195 237
Total Current Liabilities NA 4,600 5,370 4,927 4,522
Mortgages NA 0 0 0 0
Deferred Taxes/Income NA 3,102 2,957 3,042 3,047
Convertible Debt NA 0 0 0 0
Long-Term Debt NA 5,266 5,384 6,348 6,417
Non-Current Capital Leases NA 0 0 0 0
Other Non-Current Liabilities NA 3,567 3,501 3,399
Minority Interest (Liabilities) NA 0 0 0 0
Total Liabilities NA 18,670 19,080 19,677 19,245
Shareholders Equity 3/31/2024 12/31/2023 9/30/2023 6/30/2023 3/31/2023
Preferred Stock NA 384 387 386 384
Common Stock (Par) NA 11,876 12,034 12,069 12,062
Capital Surplus NA 1,483 1,661 1,842 1,971
Retained Earnings NA 6,603 6,290 5,094 5,041
Other Equity NA 924 1,113 909 1,215
Treasury Stock NA 0 0 0 0
Total Shareholder's Equity NA 21,270 21,485 20,300 20,672
Total Liabilities & Shareholder's Equity NA 39,940 40,564 39,977 39,917
Total Common Equity 0 20,885 21,098 19,914 20,288
Shares Outstanding 1,866.30 1,871.70 1,883.60 1,896.40 1,908.30
Book Value Per Share 0.00 11.16 11.20 10.50 10.63