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Cenovus Energy, Inc. (NYSE:CVE)
Non-Recurring Items
$-343 Mil (TTM As of Dec. 2013)

Non-Recurring Items are the incomes received or expenses incurred by the business that are not from regular operations. Cenovus Energy, Inc.'s non-recurring items for the three months ended in Dec. 2013 was $-157 Mil. Its non-recurring items for the trailing twelve months (TTM) ended in Dec. 2013 was $-343 Mil.

As of today, Cenovus Energy, Inc.'s share price is $29.24. Cenovus Energy, Inc.'s earnings per share without non-recurring items for the trailing twelve months (TTM) ended in Dec. 2013 was $0.86. Therefore, Cenovus Energy, Inc.'s P/E (NRI) ratio for today is 34.15.


Definition

Non-Recurring Items are the incomes received or expenses incurred by the business that are not from regular operations. Examples of NRI include gains (losses) from plant shutdown, lease-breaking fees, lawsuit, write-offs, write-downs, restructuring costs or sales of an investment, discontinued operations etc.

NRI can impact a company’s reported income drastically.

Cenovus Energy, Inc. Non-Recurring Items for the trailing twelve months (TTM) ended in Dec. 2013 was -52.9931305201 (Mar. 2013 ) + -122.115384615 (Jun. 2013 ) + -10.6177606178 (Sep. 2013 ) + -157.221206581 (Dec. 2013 ) = $-343 Mil.

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.

GuruFocus lists a P/E (NRI), which is the price/earnings before NRI. We believe it more accurately reflects the valuation of the company.

Cenovus Energy, Inc.'s P/E (NRI) Ratio for today is calculated as

P/E (NRI)=Share Price/Earnings per share without Non-Recurring Items
=29.24/0.856327542991
=34.15

Cenovus Energy, Inc.'s Share Price of today is $29.24.
Cenovus Energy, Inc.'s Earnings per Share (NRI) for the trailing twelve months (TTM) ended in Dec. 2013 was 0.225711481845 (Mar. 2013 ) + 0.230769230769 (Jun. 2013 ) + 0.472972972973 (Sep. 2013 ) + -0.073126142596 (Dec. 2013 ) = $0.86.

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.


Related Terms

Net Income, P/E (NRI)


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.

Cenovus Energy, Inc. Annual Data

Dec08Dec09Dec10Dec11Dec12Dec13
Non Operating Income 000000181-27-98-361

Cenovus Energy, Inc. Quarterly Data

Sep11Dec11Mar12Jun12Sep12Dec12Mar13Jun13Sep13Dec13
Non Operating Income -842721-5118-56-53-122-11-157
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