Cenovus Payout Ratio from 2010 to 2025
| CVE Stock | USD 14.13 0.10 0.71% |
Payout Ratio | First Reported 2010-12-31 | Previous Quarter 0.49363463 | Current Value 0.41 | Quarterly Volatility 0.40492311 |
Check Cenovus Energy financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Cenovus Energy's main balance sheet or income statement drivers, such as Depreciation And Amortization of 2.7 B, Interest Expense of 582.9 M or Selling General Administrative of 468.9 M, as well as many indicators such as Price To Sales Ratio of 1.18, Dividend Yield of 0.0244 or PTB Ratio of 1.78. Cenovus financial statements analysis is a perfect complement when working with Cenovus Energy Valuation or Volatility modules.
Cenovus | Payout Ratio |
Latest Cenovus Energy's Payout Ratio Growth Pattern
Below is the plot of the Payout Ratio of Cenovus Energy over the last few years. Payout Ratio is the proportion of Cenovus Energy earnings paid out as dividends to shareholders. Payout Ratio is typically expressed as a percentage but can be shown as dividends paid out as a proportion of cash flow. The payout ratio is used to determine the sustainability of Cenovus Energy dividend payments. A lower payout ratio is generally preferable to a higher payout ratio, with a ratio greater than 100% indicating Cenovus Energy is paying out more in dividends than it makes in net income. It is Cenovus Energy's Payout Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Cenovus Energy's overall financial position and show how it may be relating to other accounts over time.
| Payout Ratio | 10 Years Trend |
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Payout Ratio |
| Timeline |
Cenovus Payout Ratio Regression Statistics
| Arithmetic Mean | 0.36 | |
| Coefficient Of Variation | 112.40 | |
| Mean Deviation | 0.31 | |
| Median | 0.36 | |
| Standard Deviation | 0.40 | |
| Sample Variance | 0.16 | |
| Range | 1.4103 | |
| R-Value | (0.31) | |
| Mean Square Error | 0.16 | |
| R-Squared | 0.1 | |
| Significance | 0.24 | |
| Slope | (0.03) | |
| Total Sum of Squares | 2.46 |
Cenovus Payout Ratio History
Other Fundumenentals of Cenovus Energy
Cenovus Energy Payout Ratio component correlations
Click cells to compare fundamentals
About Cenovus Energy Financial Statements
Cenovus Energy stakeholders use historical fundamental indicators, such as Cenovus Energy's Payout Ratio, to determine how well the company is positioned to perform in the future. Although Cenovus Energy investors may analyze each financial statement separately, they are all interrelated. For example, changes in Cenovus Energy's assets and liabilities are reflected in the revenues and expenses on Cenovus Energy's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Cenovus Energy. Please read more on our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Payout Ratio | 0.49 | 0.41 | |
| Dividend Payout Ratio | 0.49 | 0.41 |
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Check out the analysis of Cenovus Energy Correlation against competitors. For information on how to trade Cenovus Stock refer to our How to Trade Cenovus Stock guide.You can also try the Idea Optimizer module to use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio .
Is Oil, Gas & Consumable Fuels space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Cenovus Energy. If investors know Cenovus will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Cenovus Energy listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.81) | Dividend Share 0.815 | Earnings Share 1.17 | Revenue Per Share | Quarterly Revenue Growth (0.11) |
The market value of Cenovus Energy is measured differently than its book value, which is the value of Cenovus that is recorded on the company's balance sheet. Investors also form their own opinion of Cenovus Energy's value that differs from its market value or its book value, called intrinsic value, which is Cenovus Energy's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Cenovus Energy's market value can be influenced by many factors that don't directly affect Cenovus Energy's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Cenovus Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if Cenovus Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Cenovus Energy's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.