Cenovus Property Plant Equipment from 2010 to 2025

CVE Stock  USD 15.31  0.06  0.39%   
Cenovus Energy's Property Plant Equipment is increasing over the years with slightly volatile fluctuation. Property Plant Equipment is expected to dwindle to about 25.1 B. During the period from 2010 to 2025 Cenovus Energy Property Plant Equipment annual values regression line had geometric mean of  24,518,313,298 and mean square error of 31468998 T. View All Fundamentals
 
Property Plant Equipment  
First Reported
2007-12-31
Previous Quarter
39.2 B
Current Value
39.3 B
Quarterly Volatility
9.5 B
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
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 5.6 B, Interest Expense of 574.7 M or Selling General Administrative of 443.6 M, as well as many indicators such as Price To Sales Ratio of 1.2, Dividend Yield of 0.0232 or PTB Ratio of 1.8. Cenovus financial statements analysis is a perfect complement when working with Cenovus Energy Valuation or Volatility modules.
  
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.

Latest Cenovus Energy's Property Plant Equipment Growth Pattern

Below is the plot of the Property Plant Equipment of Cenovus Energy over the last few years. It is Cenovus Energy's Property Plant Equipment 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.
Property Plant Equipment10 Years Trend
Slightly volatile
   Property Plant Equipment   
       Timeline  

Cenovus Property Plant Equipment Regression Statistics

Arithmetic Mean26,352,550,492
Geometric Mean24,518,313,298
Coefficient Of Variation38.41
Mean Deviation8,618,368,258
Median27,173,000,000
Standard Deviation10,122,276,627
Sample Variance102460484.1T
Range32.6B
R-Value0.84
Mean Square Error31468998T
R-Squared0.71
Significance0.000039
Slope1,795,698,529
Total Sum of Squares1536907261.8T

Cenovus Property Plant Equipment History

202525.1 B
202444.9 B
202239 B
202137 B
202027.2 B
201929.9 B
201829.5 B

About Cenovus Energy Financial Statements

Cenovus Energy stakeholders use historical fundamental indicators, such as Cenovus Energy's Property Plant Equipment, 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 ReportedProjected for Next Year
Property Plant Equipment44.9 B25.1 B

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Cenovus Energy is a strong investment it is important to analyze Cenovus Energy's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Cenovus Energy's future performance. For an informed investment choice regarding Cenovus Stock, refer to the following important reports:
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 Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.
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
(0.57)
Dividend Share
0.775
Earnings Share
1.39
Revenue Per Share
29.87
Quarterly Revenue Growth
(0.02)
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.