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Also traded in: Canada, Germany

GuruFocus Financial Strength Rank measures how strong a company’s financial situation is. It is based on these factors

1. The debt burden that the company has as measured by its Interest coverage (current year).
2. Debt to revenue ratio. The lower, the better
3. Altman Z-score.

A company ranks high with financial strength is likely to withstand any business slowdowns and recessions.

Financial Strength : 8/10

vs
industry
vs
history
Cash to Debt 0.70
CVE's Cash to Debt is ranked higher than
64% of the 69 Companies
in the Global Oil & Gas Integrated industry.

( Industry Median: 0.39 vs. CVE: 0.70 )
Ranked among companies with meaningful Cash to Debt only.
CVE' s Cash to Debt Range Over the Past 10 Years
Min: 0.03  Med: 0.16 Max: N/A
Current: 0.7
Equity to Asset 0.49
CVE's Equity to Asset is ranked higher than
54% of the 69 Companies
in the Global Oil & Gas Integrated industry.

( Industry Median: 0.47 vs. CVE: 0.49 )
Ranked among companies with meaningful Equity to Asset only.
CVE' s Equity to Asset Range Over the Past 10 Years
Min: 0.39  Med: 0.43 Max: 0.49
Current: 0.49
0.39
0.49
F-Score: 4
Z-Score: 1.54
M-Score: -3.21
GuruFocus Profitability Rank ranks how profitable a company is and how likely the company’s business will stay that way. It is based on these factors:

1. Operating Margin
2. Trend of the Operating Margin (5-year average). The company with an uptrend profit margin has a higher rank.
••3. Consistency of the profitability
4. Piotroski F-Score
5. Predictability Rank•

The maximum rank is 10. A rank of 7 or higher means a higher profitability and may stay that way. A rank of 3 or lower indicates that the company has had trouble to make a profit.

Profitability Rank is not directly related to the Financial Strength Rank. But if a company is consistently profitable, its financial strength will be stronger.

Profitability & Growth : 6/10

vs
industry
vs
history
Operating margin (%) -0.05
CVE's Operating margin (%) is ranked lower than
80% of the 70 Companies
in the Global Oil & Gas Integrated industry.

( Industry Median: 4.24 vs. CVE: -0.05 )
Ranked among companies with meaningful Operating margin (%) only.
CVE' s Operating margin (%) Range Over the Past 10 Years
Min: 9.28  Med: 11.29 Max: 18.68
Current: -0.05
9.28
18.68
Net-margin (%) 5.39
CVE's Net-margin (%) is ranked higher than
70% of the 70 Companies
in the Global Oil & Gas Integrated industry.

( Industry Median: 2.21 vs. CVE: 5.39 )
Ranked among companies with meaningful Net-margin (%) only.
CVE' s Net-margin (%) Range Over the Past 10 Years
Min: 3.49  Med: 7.10 Max: 14.3
Current: 5.39
3.49
14.3
ROE (%) 7.01
CVE's ROE (%) is ranked higher than
62% of the 69 Companies
in the Global Oil & Gas Integrated industry.

( Industry Median: 3.66 vs. CVE: 7.01 )
Ranked among companies with meaningful ROE (%) only.
CVE' s ROE (%) Range Over the Past 10 Years
Min: 6.71  Med: 9.49 Max: 15.23
Current: 7.01
6.71
15.23
ROA (%) 3.08
CVE's ROA (%) is ranked higher than
63% of the 71 Companies
in the Global Oil & Gas Integrated industry.

( Industry Median: 1.72 vs. CVE: 3.08 )
Ranked among companies with meaningful ROA (%) only.
CVE' s ROA (%) Range Over the Past 10 Years
Min: 2.68  Med: 4.00 Max: 6.67
Current: 3.08
2.68
6.67
ROC (Joel Greenblatt) (%) 5.58
CVE's ROC (Joel Greenblatt) (%) is ranked higher than
51% of the 71 Companies
in the Global Oil & Gas Integrated industry.

( Industry Median: 5.58 vs. CVE: 5.58 )
Ranked among companies with meaningful ROC (Joel Greenblatt) (%) only.
CVE' s ROC (Joel Greenblatt) (%) Range Over the Past 10 Years
Min: 7.63  Med: 12.28 Max: 18.11
Current: 5.58
7.63
18.11
Revenue Growth (3Y)(%) 7.50
CVE's Revenue Growth (3Y)(%) is ranked higher than
69% of the 64 Companies
in the Global Oil & Gas Integrated industry.

( Industry Median: 3.10 vs. CVE: 7.50 )
Ranked among companies with meaningful Revenue Growth (3Y)(%) only.
CVE' s Revenue Growth (3Y)(%) Range Over the Past 10 Years
Min: -7.3  Med: 10.25 Max: 14
Current: 7.5
-7.3
14
EBITDA Growth (3Y)(%) -3.70
CVE's EBITDA Growth (3Y)(%) is ranked lower than
57% of the 53 Companies
in the Global Oil & Gas Integrated industry.

( Industry Median: -1.50 vs. CVE: -3.70 )
Ranked among companies with meaningful EBITDA Growth (3Y)(%) only.
CVE' s EBITDA Growth (3Y)(%) Range Over the Past 10 Years
Min: -12.1  Med: -0.95 Max: 7.8
Current: -3.7
-12.1
7.8
EPS Growth (3Y)(%) -20.50
CVE's EPS Growth (3Y)(%) is ranked lower than
75% of the 51 Companies
in the Global Oil & Gas Integrated industry.

( Industry Median: -8.70 vs. CVE: -20.50 )
Ranked among companies with meaningful EPS Growth (3Y)(%) only.
CVE' s EPS Growth (3Y)(%) Range Over the Past 10 Years
Min: -20.5  Med: -17.70 Max: 6.4
Current: -20.5
-20.5
6.4
» CVE's 10-Y Financials

Financials


Revenue & Net Income
Cash & Debt
Oprt. Cash Flow & Free Cash Flow

» Details

Guru Trades

Q1 2015

CVE Guru Trades in Q1 2015

Jim Simons 888,900 sh (New)
George Soros 2,837,240 sh (New)
Jeremy Grantham 595,500 sh (+47.04%)
Murray Stahl 13,310 sh (+17.68%)
Ray Dalio 211,900 sh (+15.98%)
First Eagle Investment 36,747,273 sh (-1.22%)
» More
Q2 2015

CVE Guru Trades in Q2 2015

Steven Cohen 700,000 sh (New)
Jeremy Grantham 1,729,300 sh (+190.39%)
Ray Dalio 475,400 sh (+124.35%)
Steven Cohen 500,000 sh (unchged)
George Soros Sold Out
Jim Simons Sold Out
Murray Stahl Sold Out
First Eagle Investment 31,741,968 sh (-13.62%)
» More
Q3 2015

CVE Guru Trades in Q3 2015

Richard Pzena 3,937,345 sh (New)
Jim Simons 10,700 sh (New)
First Eagle Investment 32,273,099 sh (+1.67%)
Ray Dalio 218,300 sh (-54.08%)
Jeremy Grantham 451,017 sh (-73.92%)
Steven Cohen 1 sh (-100.00%)
» More
Q4 2015

CVE Guru Trades in Q4 2015

RS Investment Management 1,110 sh (New)
Jim Simons 773,100 sh (+7125.23%)
Ray Dalio 263,200 sh (+20.57%)
Richard Pzena 4,097,423 sh (+4.07%)
Jeremy Grantham 354,810 sh (-21.33%)
First Eagle Investment 25,338,254 sh (-21.49%)
» More
» Details

Insider Trades

Latest Guru Trades with CVE

(List those with share number changes of more than 20%, or impact to portfolio more than 0.1%)

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Guru Investment Theses on Cenovus Energy Inc

Bill Nygren Comments on Cenovus Energy Inc - Jan 09, 2015

Another way we seek to capture losses is to replace losing stocks with similar, but equally attractive, stocks. An example in the Oakmark Fund from this past quarter was selling our remaining Cenovus (CVE) shares and redeploying the proceeds into Chesapeake (CHK). We believe Cenovus is a fine, well-managed company, but due to rapidly declining oil prices, it had fallen beneath our purchase price. Another company we believed was also fine and well-managed, Chesapeake, had fallen to a price where it appeared to us to be more attractive than Cenovus. So even though Cenovus was far beneath our sell target, we captured the loss, increased our exposure to an energy sector we thought was cheap and switched to a stock we believed was somewhat more attractive.

From Bill Nygren (Trades, Portfolio)'s 4Q 2014 Market Commentary.

Check out Bill Nygren latest stock trades

Tweedy Browne Comments on Cenovus - May 06, 2014

n addition to this new position, we got a trading opportunity in Cenovus (CVE), the Canadian oil sands company, and added it to the Global Value Fund and Global Value Fund II – Currency Unhedged. It had previously only been held in the Worldwide High Dividend Yield Value Fund. We also added to our positions in Banco Santander Brasil, Antofagasta, Bangkok Bank, Imperial Tobacco, and Unilever.

From Tweedy Browne (Trades, Portfolio)'s first quarter 2014 letter to investors.

Check out Tweedy Browne latest stock trades

Top Ranked Articles about Cenovus Energy Inc

Richard Pzena Buys 2 New Stocks in Q3 Investor looks for good companies with temporary impediments
Global investment management firm Pzena Investment Management purchased only two new holdings in the third quarter, after founder Richard Pzena (Trades, Portfolio) said in his recent shareholder letter that individually researched companies would outperform naïve value strategies as environmental headwinds subdued returns for value investors. Read more...

Ratios

vs
industry
vs
history
P/E(ttm) 17.60
CVE's P/E(ttm) is ranked higher than
50% of the 131 Companies
in the Global Oil & Gas Integrated industry.

( Industry Median: 16.82 vs. CVE: 17.60 )
Ranked among companies with meaningful P/E(ttm) only.
CVE' s P/E(ttm) Range Over the Past 10 Years
Min: 12.93  Med: 23.69 Max: 48.88
Current: 17.6
12.93
48.88
Forward P/E 416.67
CVE's Forward P/E is ranked lower than
99.99% of the 130 Companies
in the Global Oil & Gas Integrated industry.

( Industry Median: 9.04 vs. CVE: 416.67 )
Ranked among companies with meaningful Forward P/E only.
N/A
PE(NRI) 17.50
CVE's PE(NRI) is ranked lower than
54% of the 76 Companies
in the Global Oil & Gas Integrated industry.

( Industry Median: 15.20 vs. CVE: 17.50 )
Ranked among companies with meaningful PE(NRI) only.
CVE' s PE(NRI) Range Over the Past 10 Years
Min: 12.93  Med: 23.74 Max: 49.06
Current: 17.5
12.93
49.06
P/B 1.00
CVE's P/B is ranked lower than
63% of the 131 Companies
in the Global Oil & Gas Integrated industry.

( Industry Median: 0.74 vs. CVE: 1.00 )
Ranked among companies with meaningful P/B only.
CVE' s P/B Range Over the Past 10 Years
Min: 0.93  Med: 2.32 Max: 3.51
Current: 1
0.93
3.51
P/S 0.90
CVE's P/S is ranked lower than
90% of the 130 Companies
in the Global Oil & Gas Integrated industry.

( Industry Median: 0.43 vs. CVE: 0.90 )
Ranked among companies with meaningful P/S only.
CVE' s P/S Range Over the Past 10 Years
Min: 0.75  Med: 1.41 Max: 2.18
Current: 0.9
0.75
2.18
POCF 5.70
CVE's POCF is ranked lower than
99.99% of the 105 Companies
in the Global Oil & Gas Integrated industry.

( Industry Median: 2.37 vs. CVE: 5.70 )
Ranked among companies with meaningful POCF only.
CVE' s POCF Range Over the Past 10 Years
Min: 4.32  Med: 7.13 Max: 12.19
Current: 5.7
4.32
12.19
EV-to-EBIT 12.42
CVE's EV-to-EBIT is ranked lower than
57% of the 125 Companies
in the Global Oil & Gas Integrated industry.

( Industry Median: 8.76 vs. CVE: 12.42 )
Ranked among companies with meaningful EV-to-EBIT only.
CVE' s EV-to-EBIT Range Over the Past 10 Years
Min: -61.4  Med: 15.60 Max: 79.5
Current: 12.42
-61.4
79.5
EV-to-EBITDA 4.55
CVE's EV-to-EBITDA is ranked higher than
55% of the 128 Companies
in the Global Oil & Gas Integrated industry.

( Industry Median: 4.41 vs. CVE: 4.55 )
Ranked among companies with meaningful EV-to-EBITDA only.
CVE' s EV-to-EBITDA Range Over the Past 10 Years
Min: 4.32  Med: 8.10 Max: 13.7
Current: 4.55
4.32
13.7
PEG 7.58
CVE's PEG is ranked lower than
83% of the 23 Companies
in the Global Oil & Gas Integrated industry.

( Industry Median: 1.72 vs. CVE: 7.58 )
Ranked among companies with meaningful PEG only.
CVE' s PEG Range Over the Past 10 Years
Min: 2.6  Med: 3.36 Max: 5.81
Current: 7.58
2.6
5.81
Current Ratio 3.58
CVE's Current Ratio is ranked higher than
90% of the 69 Companies
in the Global Oil & Gas Integrated industry.

( Industry Median: 1.34 vs. CVE: 3.58 )
Ranked among companies with meaningful Current Ratio only.
CVE' s Current Ratio Range Over the Past 10 Years
Min: 0.96  Med: 1.36 Max: 3.58
Current: 3.58
0.96
3.58
Quick Ratio 2.99
CVE's Quick Ratio is ranked higher than
90% of the 69 Companies
in the Global Oil & Gas Integrated industry.

( Industry Median: 1.12 vs. CVE: 2.99 )
Ranked among companies with meaningful Quick Ratio only.
CVE' s Quick Ratio Range Over the Past 10 Years
Min: 0.66  Med: 0.94 Max: 2.99
Current: 2.99
0.66
2.99
Days Inventory 37.72
CVE's Days Inventory is ranked higher than
50% of the 68 Companies
in the Global Oil & Gas Integrated industry.

( Industry Median: 37.72 vs. CVE: 37.72 )
Ranked among companies with meaningful Days Inventory only.
CVE' s Days Inventory Range Over the Past 10 Years
Min: 28.31  Med: 31.88 Max: 37.35
Current: 37.72
28.31
37.35
Days Sales Outstanding 27.84
CVE's Days Sales Outstanding is ranked higher than
65% of the 57 Companies
in the Global Oil & Gas Integrated industry.

( Industry Median: 34.39 vs. CVE: 27.84 )
Ranked among companies with meaningful Days Sales Outstanding only.
CVE' s Days Sales Outstanding Range Over the Past 10 Years
Min: 13.18  Med: 28.72 Max: 36.01
Current: 27.84
13.18
36.01

Dividend & Buy Back

vs
industry
vs
history
Dividend Yield 6.29
CVE's Dividend Yield is ranked lower than
75% of the 130 Companies
in the Global Oil & Gas Integrated industry.

( Industry Median: 6.58 vs. CVE: 6.29 )
Ranked among companies with meaningful Dividend Yield only.
CVE' s Dividend Yield Range Over the Past 10 Years
Min: 0.67  Med: 2.74 Max: 6.76
Current: 6.29
0.67
6.76
Dividend Payout 1.13
CVE's Dividend Payout is ranked lower than
65% of the 112 Companies
in the Global Oil & Gas Integrated industry.

( Industry Median: 0.59 vs. CVE: 1.13 )
Ranked among companies with meaningful Dividend Payout only.
CVE' s Dividend Payout Range Over the Past 10 Years
Min: 0.07  Med: 0.57 Max: 3.33
Current: 1.13
0.07
3.33
Dividend Growth (3y) 10.00
CVE's Dividend Growth (3y) is ranked higher than
66% of the 41 Companies
in the Global Oil & Gas Integrated industry.

( Industry Median: 7.70 vs. CVE: 10.00 )
Ranked among companies with meaningful Dividend Growth (3y) only.
CVE' s Dividend Growth (3y) Range Over the Past 10 Years
Min: 0  Med: 3.30 Max: 10
Current: 10
0
10
Forward Dividend Yield 4.40
CVE's Forward Dividend Yield is ranked lower than
99.99% of the 131 Companies
in the Global Oil & Gas Integrated industry.

( Industry Median: 6.66 vs. CVE: 4.40 )
Ranked among companies with meaningful Forward Dividend Yield only.
N/A
Yield on cost (5-Year) 6.30
CVE's Yield on cost (5-Year) is ranked lower than
99.99% of the 127 Companies
in the Global Oil & Gas Integrated industry.

( Industry Median: 9.52 vs. CVE: 6.30 )
Ranked among companies with meaningful Yield on cost (5-Year) only.
CVE' s Yield on cost (5-Year) Range Over the Past 10 Years
Min: 0.67  Med: 2.74 Max: 6.76
Current: 6.3
0.67
6.76

Valuation & Return

vs
industry
vs
history
Price/Tangible Book 1.01
CVE's Price/Tangible Book is ranked lower than
66% of the 130 Companies
in the Global Oil & Gas Integrated industry.

( Industry Median: 9999.00 vs. CVE: 1.01 )
Ranked among companies with meaningful Price/Tangible Book only.
CVE' s Price/Tangible Book Range Over the Past 10 Years
Min: 1.32  Med: 2.54 Max: 4.01
Current: 1.01
1.32
4.01
Price/Projected FCF 0.77
CVE's Price/Projected FCF is ranked higher than
67% of the 126 Companies
in the Global Oil & Gas Integrated industry.

( Industry Median: 1.02 vs. CVE: 0.77 )
Ranked among companies with meaningful Price/Projected FCF only.
CVE' s Price/Projected FCF Range Over the Past 10 Years
Min: 1.3  Med: 1.39 Max: 1.7
Current: 0.77
1.3
1.7
Price/Median PS Value 0.35
CVE's Price/Median PS Value is ranked higher than
80% of the 128 Companies
in the Global Oil & Gas Integrated industry.

( Industry Median: 0.54 vs. CVE: 0.35 )
Ranked among companies with meaningful Price/Median PS Value only.
CVE' s Price/Median PS Value Range Over the Past 10 Years
Min: 0.64  Med: 1.02 Max: 1.53
Current: 0.35
0.64
1.53
Earnings Yield (Greenblatt) (%) 8.06
CVE's Earnings Yield (Greenblatt) (%) is ranked higher than
60% of the 70 Companies
in the Global Oil & Gas Integrated industry.

( Industry Median: 4.80 vs. CVE: 8.06 )
Ranked among companies with meaningful Earnings Yield (Greenblatt) (%) only.
CVE' s Earnings Yield (Greenblatt) (%) Range Over the Past 10 Years
Min: 1.3  Med: 6.30 Max: 10.5
Current: 8.06
1.3
10.5
Forward Rate of Return (Yacktman) (%) -2.96
CVE's Forward Rate of Return (Yacktman) (%) is ranked lower than
59% of the 39 Companies
in the Global Oil & Gas Integrated industry.

( Industry Median: 0.97 vs. CVE: -2.96 )
Ranked among companies with meaningful Forward Rate of Return (Yacktman) (%) only.
CVE' s Forward Rate of Return (Yacktman) (%) Range Over the Past 10 Years
Min: -3.4  Med: 2.90 Max: 8.5
Current: -2.96
-3.4
8.5

More Statistics

Revenue(Mil) $11579
EPS $ 0.66
Beta0.36
Short Percentage of Float0.54%
52-Week Range $9.10 - 20.04
Shares Outstanding(Mil)833.29

Analyst Estimate

Dec15 Dec16 Dec17 Dec18
Revenue(Mil) 9,697 9,203 11,895 13,450
EPS($) -0.10 -0.44 -0.02 0.39
EPS without NRI($) -0.10 -0.44 -0.02 0.39

Latest Earnings Webcast

» More Conference Calls

Business Description

Industry: Oil & Gas - Integrated » Oil & Gas Integrated
Compare: » details
Traded in other countries:CVE.Canada, CXD.Germany,
Cenovus Energy Inc was incorporated on September 24, 2008 under the CBCA as 7050372 Canada Inc. It is an integrated oil company. The Company is in the business of developing, producing and marketing crude oil, NGLs and natural gas in Canada with refining operations in the United States. The Company's reportable segments are Oil Sands, Conventional, and Refining and Marketing. Oil Sands includes the development and production of its bitumen assets at Foster Creek, Christina Lake and Narrows Lake as well as projects in the early stages of development, such as Grand Rapids and Telephone Lake. The Athabasca natural gas assets also form part of this segment. Certain of the Company's operated oil sands properties, notably Foster Creek, Christina Lake and Narrows Lake, are jointly owned with ConocoPhillips, an unrelated U.S. public company. Conventional includes the development and production of conventional crude oil, NGLs and natural gas in Alberta and Saskatchewan, including the heavy oil assets at Pelican Lake. This segment also includes the CO2 enhanced oil recovery ("EOR") project at Weyburn and emerging tight oil opportunities. Refining and Marketing is responsible for transporting, selling and refining crude oil into petroleum and chemical products. It jointly owns two refineries in the U.S. with the operator Phillips 66, an unrelated U.S. public company. This segment coordinates the Company's marketing and transportation initiatives to optimize product mix, delivery points, transportation commitments and customer diversification. All of the Company's reserves and production are located in Canada, primarily within the provinces of Alberta and Saskatchewan. It competes with other producers and refiners. All of the Company's operations are subject to regulation and intervention by governments that can affect or prohibit the drilling, completion and tie-in of wells, production, the construction or expansion of facilities and refineries and the operation and abandonment of fields.
» More Articles for CVE

Headlines

Articles On GuruFocus.com
Richard Pzena Ups Stake in Exxon, Franklin Resources Dec 17 2015 
Richard Pzena Buys 2 New Stocks in Q3 Nov 09 2015 
First Eagle Overseas Fund Q1 2015 Commentary May 22 2015 
Cenovus Energy: Lowering Of Capital Budget A Positive Move Feb 03 2015 
Bill Nygren Comments on Cenovus Energy Inc Jan 09 2015 
Bill Nygren’s 4Q 2014 Market Commentary Jan 08 2015 
Reasons To Buy Cenovus Energy Jan 05 2015 
Cenovus Energy Slashes Its Capital Budget By 15% For 2015 Dec 22 2014 
First Eagle Overseas Fund Second Quarter 2014 Commentary Jul 24 2014 
Cenovus Energy: A Good Dividend Stock To Own Jul 20 2014 

More From Other Websites
Book 76% Winners Trading Oil & Gas Drillers: ATW, AR, CVE and PWE Feb 12 2016
Cenovus CEO: This Oil Downturn Is Different Feb 11 2016
Cenovus CEO: This Oil Downturn Is Different Feb 11 2016
Cenovus Energy To Sell Up To $5B In Securities Amid Oil Slump Feb 11 2016
Cenovus files 2015 year-end disclosure documents Feb 11 2016
Cenovus files 2015 year-end disclosure documents Feb 11 2016
Cenovus Energy again cuts dividend, 2016 budget and jobs Feb 11 2016
Cenovus reports 4Q loss Feb 11 2016
Cenovus reports 4Q loss Feb 11 2016
[$$] Cenovus Slashes Dividend, Cuts Spending Again Feb 11 2016
Cenovus Cuts Dividend to Survive `Hurricane Force' Oil Rout Feb 11 2016
Cenovus Energy reports bigger loss; cuts dividend Feb 11 2016
6:04 am Cenovus Energy gives plans to improve liquidity; cuts dividend to $0.05/share from... Feb 11 2016
Cenovus finishes 2015 with strong balance sheet Feb 11 2016
Cenovus finishes 2015 with strong balance sheet Feb 11 2016
Cenovus Energy Reports Bigger Loss, Cuts Dividend Feb 10 2016
Cenovus Energy (CVE): What Awaits this Earnings Season? Feb 10 2016
Cenovus to hold conference call and webcast on fourth quarter and year-end 2015 results Feb 03 2016
Cenovus to hold conference call and webcast on fourth quarter and year-end 2015 results Feb 03 2016
Cenovus Energy upgraded by Goldman Jan 26 2016

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