Based on the Cenovus Energy Inc stock forecast from 11 analysts, the average analyst target price for Cenovus Energy Inc is CAD 29.19 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 Slightly Bearish, which is based on 6 positive signals and 10 negative signals. At the last closing, Cenovus Energy Inc’s stock price was CAD 18.16. Cenovus Energy Inc’s stock price has changed by -9.92% over the past week, -1.68% over the past month and -36.06% 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, the United States, and China. It operates through Oil Sands, Conventional, Offshore, Canadian Refining, and U.S. Refining segments. The company develops and produces bitumen and heavy oil in northern Alberta and Saskatchewan. Its oil sand assets include Foster Creek, Christina Lake, and Sunrise projects, as well as Lloydminster thermal and conventional heavy oil assets. It also holds natural gas liquids and natural gas assets located in Alberta, British Columbia, and Northern Corridor, as well as interests in various natural gas processing facilities. In addition, the company is involved in offshore operation, exploration, and development activities; 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; and refines crude oil to produce gasoline, diesel, jet fuel, asphalt, and other products. Cenovus Energy Inc. was founded in 2009 and is headquartered in Calgary, Canada. 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, the United States, and China. It operates through Oil Sands, Conventional, Offshore, Canadian Refining, and ...Read More
Frequently Asked Questions About Cenovus Energy Inc (CVE:CA) Stock
Based on ratings from 11 analysts Cenovus Energy Inc's stock is Strong Buy. Stock Target Advisor's fundamental analysis is Slightly Bearish. The stock has 20 buy, sell and 1 hold ratings.
CVE:CA stock's dividend yield is 3.82%.
Our analysis grades CVE:CA stock's dividend yield at F. This means that CVE:CA stock's dividend yield is above 43% of the stocks in the Oil & Gas Integrated sector in the TSX exchange.
Based on this CVE:CA may be a average dividend stock for its sector.
Based on targets from 11 analysts, the average taret price for CVE:CA is CAD 29.19 over the next 12 months. The maximum analyst target price is CAD 34 while the minimum anlayst target price is CAD 20.
CVE:CA stock's Price/Earning ratio is 11.60.
Our analysis grades CVE:CA stock's Price / Earning ratio at C-. This means that CVE:CA stock's Price/Earning ratio is above 29% 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 18.16.
The most recent market capitalization for CVE:CA is CAD 35.30B.
Based on targets from 11 analysts, the average taret price for CVE:CA is projected at CAD 29.19 over the next 12 months.
This means that CVE:CA's stock price may go up by +60.71% 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 7,150 Employees.
Cenovus Energy Inc's registered address is 4100, 225 ? 6 Avenue SW, 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.
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.
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 Dividend Growth
This stock has shown below median dividend growth in the previous 5 years compared to its sector.
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 11 analysts Cenovus Energy Inc's stock is Strong Buy. Stock Target Advisor's fundamental analysis is Slightly Bearish. The stock has 20 buy, sell and 1 hold ratings.
CVE:CA stock's dividend yield is 3.82%.
Our analysis grades CVE:CA stock's dividend yield at F. This means that CVE:CA stock's dividend yield is above 43% of the stocks in the Oil & Gas Integrated sector in the TSX exchange.
Based on this CVE:CA may be a average dividend stock for its sector.
Based on targets from 11 analysts, the average taret price for CVE:CA is CAD 29.19 over the next 12 months. The maximum analyst target price is CAD 34 while the minimum anlayst target price is CAD 20.
CVE:CA stock's Price/Earning ratio is 11.60.
Our analysis grades CVE:CA stock's Price / Earning ratio at C-. This means that CVE:CA stock's Price/Earning ratio is above 29% 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 18.16.
The most recent market capitalization for CVE:CA is CAD 35.30B.
Based on targets from 11 analysts, the average taret price for CVE:CA is projected at CAD 29.19 over the next 12 months.
This means that CVE:CA's stock price may go up by +60.71% 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 7,150 Employees.
Cenovus Energy Inc's registered address is 4100, 225 ? 6 Avenue SW, 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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