Cenovus Stock Analysis


USD 18.01  0.69  3.98%   

The latest indifference towards the small price fluctuations of Cenovus Energy could raise concerns from shareholders as the firm is trading at a share price of 18.01 on 8,507,400 in volume. The company executives did not add any value to Cenovus Energy investors in September. However, most investors can still diversify their portfolios with Cenovus Energy to hedge their inherited risk against high-volatility market scenarios. The stock standard deviation of daily returns for 90 days investing horizon is currently 3.64. The above-average risk is mostly attributed to market volatility and speculations regarding some of the upcoming earning calls from Cenovus Energy partners.
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The Cenovus Energy stock analysis report makes it easy to digest most publicly released information about Cenovus Energy and get updates on important government artifacts, including earning estimates, SEC corporate filings, and announcements. Cenovus Stock analysis module also helps to analyze the Cenovus Energy price relationship with some important fundamental indicators such as market cap and management efficiency.

Cenovus Stock Analysis Notes

About 28.0% of the company shares are held by company insiders. The company has price-to-book (P/B) ratio of 1.21. Some equities with similar Price to Book (P/B) outperform the market in the long run. Cenovus Energy recorded a loss per share of 1.58. The entity last dividend was issued on the 14th of September 2022. 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. For more info on Cenovus Energy please contact Alexander Pourbaix at 403 766 2000 or go to https://www.cenovus.com.

Cenovus Energy Investment Alerts

Many investors view ongoing market volatility as an opportunity to purchase more stocks at a favorable price or short it to generate a bearish trend profit opportunity. If you are one of those investors, make sure you clearly understand the position you are entering. Cenovus Energy's investment alerts are automatically generated signals that are significant enough to either complement your investing judgment regarding Cenovus Energy or challenge it. These alerts can help you understand what you are buying and avoid costly mistakes.
Cenovus Energy has very high historical volatility over the last 90 days
About 28.0% of the company shares are held by company insiders
On 15th of September 2022 Cenovus Energy paid $ 0.0815 per share dividend to its current shareholders
Latest headline from simplywall.st: Having purchased CA6.1m worth of Cenovus Energy Inc. stock, the recent 15 percent pullback is not what insiders may have expected - Simply Wall St

Cenovus Energy Upcoming and Recent Events

Earnings reports are used by Cenovus Energy to provide an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Every quarterly earnings report provides investors with three things: an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Cenovus Energy previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
Upcoming Quarterly Report8th of February 2022
Next Financial Report6th of May 2022
Next Fiscal Quarter End31st of December 2021
Next Fiscal Year End8th of February 2022
Last Quarter Report30th of September 2021
Last Financial Announcement31st of December 2020

Cenovus Energy SEC Filings

SEC filings are important regulatory documents required of all public companies to provide to potential investors. Cenovus Energy prospectus issued under the guidelines of SEC is a legal declaration of facts and statements to ensure that Cenovus Energy investors are not misled. SEC filings are required by law to meet strict transparency standards and other important legal constraints. Although many companies may choose careful wording to disguise some material information, SEC filings make crucial Cenovus Energy specific information freely available to individual and institutional investors to make a timely investment decision.

Cenovus Energy Thematic Classifications

In addition to having Cenovus Energy stock in your portfolios, you can add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your favorite investment opportunity, you can then obtain an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility. If you are a result-oriented investor, you can benefit from optimizing one of our existing themes to build an efficient portfolio against your specific investing outlook.
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Cenovus Stock Institutional Investors

Have you ever been surprised when a price of an equity instrument such as Cenovus Energy is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Cenovus Energy backward and forwards among themselves. Cenovus Energy's institutional investor refers to the entity that pools money to purchase Cenovus Energy's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
Security TypeSharesValue
Capital World InvestorsCommon Shares122.5 M2.3 B
Fmr LlcCommon Shares109.5 M2.1 B
Capital Research Global InvestorsCommon Shares109.3 M2.1 B
Soroban Capital Partners LpCommon Shares50.3 M956.9 M
Royal Bank Of CanadaCommon Shares41.1 M781 M
Vanguard Group IncCommon Shares40.7 M773 M
Fil LtdCommon Shares38.2 M726.7 M
Note, although Cenovus Energy's institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

Cenovus Market Capitalization

The company currently falls under 'Large-Cap' category with total capitalization of 33.11 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Cenovus Energy's market, we take the total number of its shares issued and multiply it by Cenovus Energy's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and these looking for more risk prefer small-cap and mid-cap equities.

Cenovus Profitablity

Cenovus Energy's profitability indicators refer to fundamental financial ratios that showcase Cenovus Energy's ability to generate income relative to its revenue or operating costs. If, let's say, Cenovus Energy is currently losing money, the management's focus should be on how to reverse that trend. However, when revenue exceeds expenses, Cenovus Energy's executives or investors may be in less hurry to break that information down - which is where profitability analysis comes into play. Gaining a greater understanding of Cenovus Energy's profitability requires more research than a typical breakdown of Cenovus Energy's financial statements. By doing a profitability analysis, companies can identify areas needing attention, and investors can make a profitable trade.
The company has Net Profit Margin of 6.8 %, which may imply that it executes well on its competitive polices and has reasonable control over its expenses and variable costs. This is very large. In the same way, it shows Net Operating Margin of 19.81 %, which entails that for every 100 dollars of revenue, it generated 0.2 of operating income.

Management Efficiency

The entity has Return on Asset of 9.75 % which means that on every $100 spent on asset, it made $9.75 of profit. This is considered to be average in the sector. In the same way, it shows return on shareholders equity (ROE) of 16.83 %, implying that it generated $16.83 on every 100 dollars invested. Cenovus Energy management efficiency ratios could be used to measure how well cenovus energy manages its routine affairs as well as how well it operates its assets and liabilities.

Technical Drivers

As of the 6th of October, Cenovus Energy shows the Mean Deviation of 3.01, downside deviation of 3.56, and Risk Adjusted Performance of 0.0393. Cenovus Energy technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices. Put another way, you can use this information to find out if the firm will indeed mirror its model of historical prices and volume momentum, or the prices will eventually revert. We were able to interpolate and analyze data for nineteen technical drivers for Cenovus Energy, which can be compared to its rivals. Please confirm Cenovus Energy jensen alpha, as well as the relationship between the potential upside and skewness to decide if Cenovus Energy is priced correctly, providing market reflects its regular price of 18.01 per share. Given that Cenovus Energy has jensen alpha of 0.1365, we suggest you to validate Cenovus Energy's prevailing market performance to make sure the company can sustain itself at a future point.

Cenovus Energy Price Movement Analysis

The output start index for this execution was thirty-two with a total number of output elements of twenty-nine. The MESA Adaptive Moving Average indicator adapts to Cenovus Energy price movement based on the rate change of phase as measured by the Hilbert Transform Discriminator.

Cenovus Energy Predictive Daily Indicators

Cenovus Energy intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Cenovus Energy stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.

Cenovus Energy Forecast Models

Cenovus Energy time-series forecasting models is one of many Cenovus Energy's stock analysis techniquest aimed to predict future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Cenovus Energy's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

About Cenovus Stock Analysis

Stock analysis is the technique used by a trader or investor to examine and evaluate how Cenovus Energy prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Cenovus shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas, a specific sector, or an individual Stock such as Cenovus Energy. By using and applying Cenovus Stock analysis, traders can create a robust methodology for identifying Cenovus entry and exit points for their positions.
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.

Current Cenovus Analysis - Recommendations

We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Cenovus analyst recommendations are determined by taking all analyst recommendations and averaging them as Strong Buy, Buy, Hold, Strong Sell or Sell. There is no one specific way to measure analysis performance other than comparing it to the past results via a very sophisticated attribution analysis. Cenovus analyst consensus and target price projections should be used in combination with other traditional techniques such as stock price forecasting, technical analysis, earnings estimate, and various momentum models.
Target PriceAdvice# of Analysts
Cenovus Energy current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most Cenovus analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Cenovus stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Cenovus Energy, talking to its executives and customers, or listening to Cenovus conference calls.
Cenovus Analyst Advice Details

Cenovus Stock Analysis Indicators

Cenovus Energy stock analysis indicators help investors evaluate how Cenovus Energy stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing and determine when trading Cenovus Energy shares will generate the highest return on investment. By understating and applying Cenovus Energy stock analysis, traders can identify Cenovus Energy position entry and exit signals to maximize returns.
Quick Ratio1.08
Trailing Annual Dividend Rate0.06
Fifty Two Week Low10.26
Revenue Growth80.20%
Payout Ratio9.36%
Average Daily Volume Last 10 Day8.67M
Shares Short Prior Month26.3M
Average Daily Volume In Three Month8.88M
Earnings Growth1,011.50%
Shares Percent Shares Out1.54%
Earnings Quarterly Growth985.70%
Gross Margins25.00%
Forward Price Earnings4.74
Float Shares1.28B
Fifty Two Week High24.91
Fifty Day Average17.90
Enterprise Value To Ebitda3.90
Two Hundred Day Average17.28
Enterprise Value To Revenue0.77
Trailing Annual Dividend Yield0.40%
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Is Cenovus Energy's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Cenovus Energy. If investors know Cenovus will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Cenovus Energy listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Cenovus Energy is measured differently than its book value, which is the value of Cenovus that is recorded on the company's balance sheet. Investors also form their own opinion of Cenovus Energy's value that differs from its market value or its book value, called intrinsic value, which is Cenovus Energy's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Cenovus Energy's market value can be influenced by many factors that don't directly affect Cenovus Energy's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Cenovus Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine Cenovus Energy value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Cenovus Energy's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.