Based on the Cenovus Energy Inc stock forecast from 12 analysts, the average analyst target price for Cenovus Energy Inc is CAD 31.33 over the next 12 months. Cenovus Energy Inc’s average analyst rating is Strong Buy. Stock Target Advisor’s own stock analysis of Cenovus Energy Inc is Neutral, which is based on 8 positive signals and 9 negative signals. At the last closing, Cenovus Energy Inc’s stock price was CAD 22.62. Cenovus Energy Inc’s stock price has changed by +2.63% over the past week, -3.54% over the past month and -5.67% over the last year.
No recent analyst target price found for Cenovus Energy Inc
No recent average analyst rating found for Cenovus Energy Inc
Company Overview Cenovus Energy Inc
Cenovus Energy Inc., together with its subsidiaries, develops, produces, refines, transports, and markets crude oil, natural gas, and refined petroleum products in Canada and internationally. The company operates through Oil Sands, Conventional, Offshore, Canadian Refining, and U.S. Refining segments. The Oil Sands segment develops and produces bitumen and heavy oil in northern Alberta and Saskatchewan. This segment assets include Foster Creek, Christina Lake, and Sunrise projects, as well as Lloydminster thermal and conventional heavy oil assets. The Conventional segment holds natural gas liquids and natural gas assets primarily located in Elmworth-Wapiti, Kaybob-Edson, Clearwater, and Rainbow Lake operating in Alberta and British Columbia, as well as interests in various natural gas processing facilities. The offshore segment engages in offshore operation, exploration, and development activities in China and the East Coast of Canada. The Canadian Refining segment owns and operates Lloydminster upgrading and asphalt refining complex, which converts heavy oil and bitumen into synthetic crude oil, diesel, asphalt, and other ancillary products, as well as Bruderheim crude-by-rail terminal and ethanol plants. The U.S. Refining segment refines crude oil to produce gasoline, diesel, jet fuel, asphalt, and other products. Cenovus Energy Inc. is headquartered in Calgary, Canada. Address: 4100, 225 ? 6 Avenue SW, Calgary, AB, Canada, T2P 0M5 Read Less
Cenovus Energy Inc., together with its subsidiaries, develops, produces, refines, transports, and markets crude oil, natural gas, and refined petroleum products in Canada and internationally. The company operates through Oil Sands, Conventional, Offshore, Canadian Refining, and U...Read More
Frequently Asked Questions About Cenovus Energy Inc (CVE:CA) Stock
Based on ratings from 12 analysts Cenovus Energy Inc's stock is Strong Buy. Stock Target Advisor's fundamental analysis is Neutral. The stock has 19 buy, 1 sell and 2 hold ratings.
CVE:CA stock's dividend yield is 3.18%.
Our analysis grades CVE:CA stock's dividend yield at F. This means that CVE:CA stock's dividend yield is above 25% of the stocks in the Oil & Gas Integrated sector in the TSX exchange.
Based on this CVE:CA may be a poor dividend stock for its sector.
Based on targets from 12 analysts, the average taret price for CVE:CA is CAD 31.33 over the next 12 months. The maximum analyst target price is CAD 38 while the minimum anlayst target price is CAD 20.
CVE:CA stock's Price/Earning ratio is 11.37.
Our analysis grades CVE:CA stock's Price / Earning ratio at C. This means that CVE:CA stock's Price/Earning ratio is above 25% of the stocks in the Oil & Gas Integrated sector in the TSX exchange.
Based on this CVE:CA may be undervalued for its sector.
The last closing price of CVE:CA's stock was CAD 22.62.
The most recent market capitalization for CVE:CA is CAD 41.32B.
Based on targets from 12 analysts, the average taret price for CVE:CA is projected at CAD 31.33 over the next 12 months.
This means that CVE:CA's stock price may go up by +38.52% over the next 12 months.
We can't find any ETFs which contains Cenovus Energy Inc's stock.
As per our most recent records Cenovus Energy Inc has 6,925 Employees.
Cenovus Energy Inc's registered address is 225, 6 Avenue South West, Calgary, AB, Canada, T2P 0M5.
You can get more information about it from Cenovus Energy Inc's website at https://www.cenovus.com.
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Stock Target Advisor's Analysis
This is a composite scorecard based on the application of evaluation criteria deemed most important by analysts. This is not a buy or sell recommendation.
What to like
Underpriced on cashflow basis
The stock is trading low compared to its peers on a price to cash flow basis and is in the top quartile. It may be underpriced but do check its financial performance to make sure there is no specific reason.
Superior risk adjusted returns
This stock has performed well, on a risk adjusted basis, compared to its sector peers(for a hold period of at least 12 months) and is in the top quartile.
Underpriced compared to book value
The stock is trading low compared to its peers on a price to book value basis and is in the top quartile. It may be underpriced but do check its financial performance to make sure there is no specific reason.
Positive cash flow
The company had positive total cash flow in the most recent four quarters.
Positive free cash flow
The company had positive total free cash flow in the most recent four quarters.
Underpriced on free cash flow basis
The stock is trading low compared to its peers on a price to free cash flow basis and is in the top quartile. It may be underpriced but do check its financial performance to make sure there is no specific reason.
Underpriced compared to earnings
The stock is trading low compared to its peers on a price to earning basis and is in the top quartile. It may be underpriced but do check its financial performance to make sure there is no specific reason.
High dividend returns
The stock has outperformed its sector peers on average annual dividend returns basis in the past 5 years (for a hold period of at least 12 months) and is in the top quartile. This can be a good buy, especially if it is outperforming on total return basis , for investors seeking high income yields.
What not to like
Poor capital utilization
The company management has delivered below median return on invested capital in the most recent 4 quarters compared to its peers.
Poor return on assets
The company management has delivered below median return on assets in the most recent 4 quarters compared to its peers.
Below median total returns
The company has under performed its peers on annual average total returns in the past 5 years.
High volatility
The total returns for this company are volatile and above median for its sector over the past 5 years. Make sure you have the risk tolerance for investing in such stock.
Low market capitalization
This is among the smaller entities in its sectors with below median market capitalization. That may make it less stable in the long run unless it has a unique technology or market which can help it grow or get acquired in future.
Poor return on equity
The company management has delivered below median return on equity in the most recent 4 quarters compared to its peers.
Low Revenue Growth
This stock has shown below median revenue growth in the previous 5 years compared to its sector
Low Earnings Growth
This stock has shown below median earnings growth in the previous 5 years compared to its sector
Highly leveraged
The company is in the bottom half compared to its sector peers on debt to equity and is highly leveraged. However, do check the news and look at its sector and management statements. Sometimes this is high because the company is trying to grow aggressively.
Frequently Asked Questions About Cenovus Energy Inc (CVE:CA) Stock
Based on ratings from 12 analysts Cenovus Energy Inc's stock is Strong Buy. Stock Target Advisor's fundamental analysis is Neutral. The stock has 19 buy, 1 sell and 2 hold ratings.
CVE:CA stock's dividend yield is 3.18%.
Our analysis grades CVE:CA stock's dividend yield at F. This means that CVE:CA stock's dividend yield is above 25% of the stocks in the Oil & Gas Integrated sector in the TSX exchange.
Based on this CVE:CA may be a poor dividend stock for its sector.
Based on targets from 12 analysts, the average taret price for CVE:CA is CAD 31.33 over the next 12 months. The maximum analyst target price is CAD 38 while the minimum anlayst target price is CAD 20.
CVE:CA stock's Price/Earning ratio is 11.37.
Our analysis grades CVE:CA stock's Price / Earning ratio at C. This means that CVE:CA stock's Price/Earning ratio is above 25% of the stocks in the Oil & Gas Integrated sector in the TSX exchange.
Based on this CVE:CA may be undervalued for its sector.
The last closing price of CVE:CA's stock was CAD 22.62.
The most recent market capitalization for CVE:CA is CAD 41.32B.
Based on targets from 12 analysts, the average taret price for CVE:CA is projected at CAD 31.33 over the next 12 months.
This means that CVE:CA's stock price may go up by +38.52% over the next 12 months.
We can't find any ETFs which contains Cenovus Energy Inc's stock.
As per our most recent records Cenovus Energy Inc has 6,925 Employees.
Cenovus Energy Inc's registered address is 225, 6 Avenue South West, Calgary, AB, Canada, T2P 0M5.
You can get more information about it from Cenovus Energy Inc's website at https://www.cenovus.com.
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