Cenovus Energy Inc CVE

Morningstar Rating
$28.21 −0.28 (0.98%)
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About Quantitative Ratings

Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with quantitative ratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating.

Price vs Fair Value

CVE is trading at a 533% premium.
Price
$28.48
Fair Value
$54.76
Uncertainty
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1-Star Price
$71.74
5-Star Price
$86.67
Economic Moat
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Capital Allocation
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Trading Information

Previous Close Price
$28.48
Day Range
$27.9128.60
52-Week Range
$13.4832.05
Bid/Ask
$28.20 / $28.21
Shares Outstanding
1.86B
Market Cap
$52.54B
Volume/Avg
21M / 10M

Key Statistics

Price/Earnings (Normalized)
15.27
Price/Sales
1.34
Dividend Yield (Trailing)
2.09%
Dividend Yield (Forward)
2.28%
Total Yield
5.28%

Company Profile

Cenovus Energy Inc is a Canadian integrated energy group. The group's upstream operations include oil sands projects in northern Alberta; thermal and conventional crude oil, natural gas, and natural gas liquids (NGLs) projects across Western Canada; crude oil production offshore Newfoundland and Labrador; and natural gas and NGLs production offshore China and Indonesia. Its downstream operations include upgrading and refining operations in Canada and the U.S., and commercial fuel operations across Canada. The group's reportable segments are: Oil Sands, Conventional, Offshore, Canadian Refining, U.S Refining, and Corporate and Eliminations. Maximum revenue is generated from its Oil Sands segment. Geographically, the group derives maximum revenue from the U.S., followed by Canada and China.
Sector
Energy
Industry
Oil & Gas Integrated
Stock Style Box
Large Value
Total Number of Employees
8,300

Valuation

Metric
CVE
Price/Earnings (Normalized)
15.27
Price/Book Value
2.27
Price/Sales
1.34
Price/Cash Flow
7.38
Price/Earnings
CVE

Financial Strength

Metric
CVE
Quick Ratio
1.00
Current Ratio
1.57
Interest Coverage
8.52
Quick Ratio
CVE

Profitability

Metric
CVE
Return on Assets (Normalized)
8.12%
Return on Equity (Normalized)
15.77%
Return on Invested Capital (Normalized)
12.47%
Return on Assets
CVE

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