Cenovus Energy Financials
| CVE Stock | USD 14.09 0.20 1.44% |
Cenovus |
Understanding current and past Cenovus Energy Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Cenovus Energy's financial statements are interrelated, with each one affecting the others. For example, an increase in Cenovus Energy's assets may result in an increase in income on the income statement.
Please note, the presentation of Cenovus Energy's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Cenovus Energy's management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of Cenovus Energy's management manipulating its earnings.
Cenovus Energy Stock Summary
Cenovus Energy competes with Imperial Oil, Exxon, Chevron Corp, BP PLC, and Suncor Energy. Cenovus Energy Inc., together with its subsidiaries, develops, produces, and markets crude oil, natural gas liquids, and natural gas in Canada, the United States, and the Asia Pacific region. Cenovus Energy Inc. was founded in 2009 and is headquartered in Calgary, Canada. Cenovus Energy operates under Oil Gas Integrated classification in the United States and is traded on New York Stock Exchange. It employs 5938 people.| Foreign Associate | Canada |
Specialization | Energy, Oil & Gas Integrated |
| Instrument | USA Stock View All |
| Exchange | New York Stock Exchange |
| ISIN | CA15135U1093 |
| CUSIP | 15135U109 |
| Location | Alberta; Canada |
| Business Address | 4100, 225 6 |
| Sector | Oil, Gas & Consumable Fuels |
| Industry | Energy |
| Benchmark | Dow Jones Industrial |
| Website | www.cenovus.com |
| Phone | 403 766 2000 |
| Currency | USD - US Dollar |
Cenovus Energy Key Financial Ratios
| Return On Equity | 0.11 | ||||
| Return On Asset | 0.0541 | ||||
| Target Price | 20.18 | ||||
| Beta | 2.53 | ||||
| Last Dividend Paid | 0.82 |
Cenovus Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Cenovus Energy's current stock value. Our valuation model uses many indicators to compare Cenovus Energy value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Cenovus Energy competition to find correlations between indicators driving Cenovus Energy's intrinsic value. More Info.Cenovus Energy is rated below average in return on equity category among its peers. It is rated below average in return on asset category among its peers reporting about 0.50 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Cenovus Energy is roughly 1.99 . Comparative valuation analysis is a catch-all technique that is used if you cannot value Cenovus Energy by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.Cenovus Energy Systematic Risk
Cenovus Energy's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Cenovus Energy volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was twenty-four with a total number of output elements of thirty-seven. The Beta measures systematic risk based on how returns on Cenovus Energy correlated with the market. If Beta is less than 0 Cenovus Energy generally moves in the opposite direction as compared to the market. If Cenovus Energy Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Cenovus Energy is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Cenovus Energy is generally in the same direction as the market. If Beta > 1 Cenovus Energy moves generally in the same direction as, but more than the movement of the benchmark.
About Cenovus Energy Financials
What exactly are Cenovus Energy Financials? Typically, a company's financial statements are the reports that show the financial position of the company. Three primary documents fall into the category of financial statements. These documents include Cenovus Energy's income statement, its balance sheet, and the statement of cash flows. Potential Cenovus Energy investors and stakeholders use financial statements to determine how well the company is positioned to perform in the future. Although Cenovus Energy investors may use each financial statement separately, they are all related. The changes in Cenovus Energy's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Cenovus Energy's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.Cenovus Energy Thematic Clasifications
Cenovus Energy is part of several thematic ideas from Power Assets to Petroleum and Natural Gas. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. Get More Thematic IdeasCenovus Energy March 20, 2025 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Cenovus Energy help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Cenovus Energy. We use our internally-developed statistical techniques to arrive at the intrinsic value of Cenovus Energy based on widely used predictive technical indicators. In general, we focus on analyzing Cenovus Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Cenovus Energy's daily price indicators and compare them against related drivers.
| Information Ratio | 0.0194 | |||
| Maximum Drawdown | 14.33 | |||
| Value At Risk | (2.91) | |||
| Potential Upside | 2.66 |
Complementary Tools for Cenovus Stock analysis
When running Cenovus Energy's price analysis, check to measure Cenovus Energy's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Cenovus Energy is operating at the current time. Most of Cenovus Energy's value examination focuses on studying past and present price action to predict the probability of Cenovus Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cenovus Energy's price. Additionally, you may evaluate how the addition of Cenovus Energy to your portfolios can decrease your overall portfolio volatility.
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