Cenovus Energy Inc trades with the ticker CVE on the TSX and is in the Oil & Gas Integrated industry.
Overview
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.
Looking to invest in Cenovus Energy Inc? Our analysis brings in the key facts, competitor research and valuation metrics for you to make an informed decision.
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CVE.TO Stock Price and Key Stats
ETF Key Stats
Exchange: TSX
Market Cap : $44529.066MM
PE Ratio: 11.245
Price: 17.81 (Updated: 3/12/2024 0:47:16)
Cenovus Energy Inc (CVE) vs Competitors in Oil & Gas Integrated
Lets see how CVE.TO stacks up against others in the Oil & Gas Integrated asset management industry. We have identified its main peers as:Husky Energy Inc, Imperial Oil Limited, Suncor Energy Inc, Imperial Oil Ltd
.Oil & Gas Integrated Industry Comparisons
| Company | Market Cap ($MM) | P/E Ratio | EV/EBITDA | Dividend Yield |
|---|---|---|---|---|
| Cenovus Energy Inc (CVE) | $44,529.066 | 11.245 | 5.07 | 2.4% |
| Husky Energy Inc (HSE) | $6,794.611 | 7.496 | 50.022 | 0.8% |
| Imperial Oil Limited (IMO) | $46,430.278 | 10.206 | 5.979 | 2.8% |
| Suncor Energy Inc (SU) | $59,877.437 | 7.348 | 4.01 | 4.7% |
| Cenovus Energy Inc (CVE) | $44,529.066 | 11.245 | 5.07 | 2.4% |
EV/EBITDA: Enterprise Value to Earnings Before Interest, Taxes, Depreciation, and Amortization – this ratio compares the value of a company, including debt, to the company’s cash earnings less non-cash expenses
Industry: companies that have a lot in common
Market Cap: Market Capitalization – the total value of all a corporation’s stock
N/A: Not Applicable or Not Available
P/E: Price-to-Earnings – this ratio relates a corporation’s share price to its earnings per share
Price: Stock Price – current value to buyers and sellers
Dividend Yield: Dividend or Distribution Yield
Comparisons within Oil & Gas Integrated
- Cenovus Energy Inc (CVE) vs Husky Energy Inc (HSE)
- CVE has higher EPS (2.12 vs 1.114). CVE has higher dividend yield (2.4% vs 0.8%). CVE has a higher P/E ratio (11.245 vs 7.496) indicating it’s more expensive.
- Cenovus Energy Inc (CVE) vs Imperial Oil Limited (IMO)
- IMO has higher EPS (8.49 vs 2.12). IMO has higher dividend yield (2.8% vs 2.4%). CVE has a higher P/E ratio (11.245 vs 10.206) indicating it’s more expensive.
- Cenovus Energy Inc (CVE) vs Suncor Energy Inc (SU)
- SU has higher EPS (6.33 vs 2.12). SU has higher dividend yield (4.7% vs 2.4%). CVE has a higher P/E ratio (11.245 vs 7.348) indicating it’s more expensive.
- Cenovus Energy Inc (CVE) vs Imperial Oil Ltd (IMO)
- IMO has higher EPS (8.49 vs 2.12). IMO has higher dividend yield (2.8% vs 2.4%). CVE has a higher P/E ratio (11.245 vs 10.206) indicating it’s more expensive.
Our Recommendation: Hold
Shows positive EPS growth from this year to next, suggesting improving profitability. Features a lower EV/EBITDA ratio (5.07) than the industry average (5.22), indicating attractive valuation.
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