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Realtime updates for Cenovus Energy Inc [CVE.TO]

Exchange: TSX Industry: Oil & Gas Integrated
Upcoming Earnings Alert

Quarter results today
(bmo 2024-04-24)

Expected move: +/- 6.43%

Last Updated23 Apr 2024 @ 16:00

0.41% $ 29.06

Live Chart Being Loaded With Signals

Commentary (23 Apr 2024 @ 16:00):

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...

Stats
Today's Volume 2.52M
Average Volume 4.64M
Market Cap 54.40B
EPS $0 ( 2024-02-15 )
Next earnings date ( $0.490 ) 2024-05-01
Last Dividend $0.140 ( 2023-09-14 )
Next Dividend $0 ( N/A )
P/E 13.71
ATR14 $0.00800 (0.03%)

Volume Correlation

Long: -0.08 (neutral)
Short: 0.75 (moderate)
Signal:(49.182) Neutral

Cenovus Energy Inc Correlation

10 Most Positive Correlations
WCP.TO0.844
DR.TO0.839
ESI.TO0.835
AKT-A.TO0.817
CFW.TO0.807
10 Most Negative Correlations
NHK.TO-0.818
TD-PFI.TO-0.815

Did You Know?

Correlation is a statistical measure that describes the relationship between two variables. It ranges from -1 to 1, where -1 indicates a perfect negative correlation (as one variable increases, the other decreases), 1 indicates a perfect positive correlation (as one variable increases, the other increases), and 0 indicates no correlation (there is no relationship between the variables).

Correlation can be used to analyze the relationship between any two variables, not just stocks. It's commonly used in fields such as finance, economics, psychology, and more.

Cenovus Energy Inc Correlation - Currency/Commodity

The country flag 0.35
( neutral )
The country flag 0.24
( neutral )
The country flag 0.00
( neutral )
The country flag 0.00
( neutral )
The country flag 0.08
( neutral )
The country flag 0.18
( neutral )

Cenovus Energy Inc Financials

Annual 2023
Revenue: $52.20B
Gross Profit: $6.16B (11.80 %)
EPS: $2.15
Q4 2023
Revenue: $13.13B
Gross Profit: $1.06B (8.10 %)
EPS: $0.390
Q3 2023
Revenue: $15.71B
Gross Profit: $4.60B (29.25 %)
EPS: $0.980
Q2 2023
Revenue: $12.87B
Gross Profit: $2.81B (21.83 %)
EPS: $0.450

Financial Reports:

No articles found.

Cenovus Energy Inc Dividends

(Q3/22) (Q4/22) (Q1/23) (Q2/23) (Q3/23) (Q4/23) (Q1/24) (Q2/24) (Q3/24) (Q4/24)
$0.105
(N/A)
$0.219
(N/A)
$0.105
(N/A)
$0.140
(N/A)
$0.140
(N/A)
$0
(N/A)
$0
(N/A)
$0
(N/A)
$0
(N/A)
$0
(N/A)

Cenovus Energy Inc Dividend Information - Dividend King

Dividend Sustainability Score: 10.00 - good (100.00%) | Divividend Growth Potential Score: 6.22 - Stable (24.47%)

Very Unsafe

High risk of being cut

Unsafe

Heightened risk of being cut

Borderline

Moderate risk of being cut

Safe

Unlikely to be cut

Very Safe

Very unlikely to be cut

Information
First Dividend $0.200 2010-03-11
Last Dividend $0.140 2023-09-14
Next Dividend $0 N/A
Payout Date 2023-09-29
Next Payout Date N/A
# dividends 52 --
Total Paid Out $6.98 --
Avg. Dividend % Per Year 1.16% --
Score 5.48 --
Div. Sustainability Score 10.00
Div.Growth Potential Score 6.22
Div. Directional Score 9.99 --
Next Divdend (Est)
(2024-07-23)
$0.148 Estimate 21.93 %
Dividend Stability
0.58 Average
Dividend Score
5.48
Pay Frequency
Quarterly
Yearly Payout
Year Amount Yield
2010 $0 0.00%
2011 $0 0.00%
2012 $0 0.00%
2013 $0 0.00%
2014 $0 0.00%
2015 $0 0.00%
2016 $0 0.00%
2017 $0 0.00%
2018 $0.200 1.75%
2019 $0.213 2.16%
2020 $0.0630 0.48%
2021 $0.0890 1.13%
2022 $0.464 2.85%
2023 $0.385 1.54%
2024 $0 0.00%

Dividend Commentary

The company's strong Dividend Sustainability Score (DSS) indicates its robust capacity to uphold current dividend levels. However, its Dividend Growth Potential Score (DGPS) is only moderate, indicating limited growth potential. In summary, the company provides a promising overall dividend outlook, balancing both sustainability and growth potential.

Top 10 dividend Companies for TSX

Symbol Title Last dividend Frequency Years Dividend Yearly Dividend Score
ZSP.TO Dividend Junior 2023-06-28 Quarterly 13 0.74%
TOCC.TO Dividend Junior 2023-08-29 Monthly 5 1.40%
LBS.TO Dividend Royal 2023-09-28 Monthly 19 7.36%
CP.TO Dividend Knight 2023-09-28 Quarterly 24 0.50%
XMH.TO Dividend Junior 2023-06-26 Semi-Annually 10 0.59%
QBR-B.TO Dividend King 2023-08-24 Quarterly 30 2.25%
FRU.TO Dividend Royal 2023-09-28 Monthly 22 4.44%
AGI.TO Dividend Knight 2023-09-13 Quarterly 15 0.67%
VCIP.TO Dividend Junior 2023-07-05 Quarterly 6 1.16%
MRG-UN.TO Dividend King 2023-09-28 Monthly 11 2.37%

Dividend Sustainability Score (DSS)

RatioActual ValueWeightNormalized ValueScoreRange
netProfitMarginTTM0.07531.5008.4910.00[0 - 0.5]
returnOnAssetsTTM0.07621.2007.468.95[0 - 0.3]
returnOnEquityTTM0.1461.5009.4910.00[0.1 - 1]
payoutRatioTTM0.250-1.0007.50-7.50[0 - 1]
currentRatioTTM1.5630.8007.185.75[1 - 3]
quickRatioTTM0.8720.8009.587.66[0.8 - 2.5]
cashRatioTTM0.3591.5009.1210.00[0.2 - 2]
debtRatioTTM0.141-1.5007.65-10.00[0 - 0.6]
interestCoverageTTM8.501.0007.967.96[3 - 30]
operatingCashFlowPerShareTTM3.932.008.6910.00[0 - 30]
freeCashFlowPerShareTTM1.6422.009.1810.00[0 - 20]
debtEquityRatioTTM0.264-1.5008.94-10.00[0 - 2.5]
grossProfitMarginTTM0.2011.0009.989.98[0.2 - 0.8]
operatingProfitMarginTTM0.1081.0009.859.85[0.1 - 0.6]
cashFlowToDebtRatioTTM0.9741.0005.705.70[0.2 - 2]
assetTurnoverTTM1.0120.8006.595.27[0.5 - 2]
Total Score13.76

Dividend Growth Score (DGS)

RatioActual ValueWeightNormalized ValueScoreRange
peRatioTTM13.311.0008.760[1 - 100]
returnOnEquityTTM0.1462.509.6710.00[0.1 - 1.5]
freeCashFlowPerShareTTM1.6422.009.4510.00[0 - 30]
dividendYielPercentageTTM1.9271.50010.000[0 - 0.4]
operatingCashFlowPerShareTTM3.932.008.6910.00[0 - 30]
payoutRatioTTM0.2501.5007.50-7.50[0 - 1]
pegRatioTTM-0.06391.500-3.760[0.5 - 2]
operatingCashFlowSalesRatioTTM0.1351.0009.120[0.1 - 0.5]
Total Score6.22

Cenovus Energy Inc

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. The company operates through Oil Sands, Conventional, Offshore, Canadian Manufacturing, U.S. Manufacturing, and Retail segments. The Oil Sands segment develops and produces bitumen and heavy oil in northern Alberta and Saskatchewan. This segments Foster Creek, Christina Lake, Sunrise, and Tucker oil sands projects, as well as Lloydminster thermal and conventional heavy oil assets The Conventional segment holds 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 the exploration and development activities. The Canadian Manufacturing segment includes the owned and operated Lloydminster upgrading and asphalt refining complex, which upgrades heavy oil and bitumen into synthetic crude oil, diesel fuel, asphalt, and other ancillary products, as well as owns and operates the Bruderheim crude-by-rail terminal and two ethanol plants. The U.S. Manufacturing segment comprises the refining of crude oil to produce diesel, gasoline, jet fuel, asphalt, and other products. The Retail segment consists of marketing of its own and third-party refined petroleum products through retail, commercial, and bulk petroleum outlets, as well as wholesale channels. Cenovus Energy Inc. was founded in 2009 and is headquartered in Calgary, Canada.

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