Cenovus Energy (Cenovus Energy) FCF Yield % : 5.77 (As of Apr. 29, 2024)

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What is Cenovus Energy FCF Yield %?

FCF Yield % is calculated as Free Cash Flow divided by Market Capitalization. It is a financial solvency ratio that compares the free cash flow a company is expected to earn against its market value.

As of today, Cenovus Energy's Trailing 12-Month Free Cash Flow is $2,320 Mil, and Market Cap is $40,186 Mil. Therefore, Cenovus Energy's FCF Yield % for today is 5.77%.

The historical rank and industry rank for Cenovus Energy's FCF Yield % or its related term are showing as below:

CVE' s FCF Yield % Range Over the Past 10 Years
Min: -6.38 Med: 4.41 Max: 72.74
Current: 5.77

During the past 13 years, the highest FCF Yield % of Cenovus Energy was 72.74%. The lowest was -6.38%. And the median was 4.41%.

CVE's FCF Yield % is ranked better than
60.52% of 1079 companies
in the Oil & Gas industry
Industry Median: 1.92 vs CVE: 5.77

Cenovus Energy's FCF Margin % for the quarter that ended in Dec. 2023 was 12.65%.

Cenovus Energy FCF Yield % Historical Data

The historical data trend for Cenovus Energy's FCF Yield % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Cenovus Energy FCF Yield % Chart

Cenovus Energy Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

FCF Yield %

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12.80

-6.16

10.67

15.19

7.39

Cenovus Energy Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
FCF Yield %	Get a 7-Day Free Trial															13.08	-12.17	9.24	12.90	16.99

Competitive Comparison of Cenovus Energy's FCF Yield %

For the Oil & Gas Integrated subindustry, Cenovus Energy's FCF Yield %, along with its competitors' market caps and FCF Yield % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Cenovus Energy's FCF Yield % Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Cenovus Energy's FCF Yield % distribution charts can be found below:

* The bar in red indicates where Cenovus Energy's FCF Yield % falls into.

Cenovus Energy FCF Yield % Calculation

FCF Yield % is a financial solvency ratio that compares the free cash flow a company is expected to earn against its market value.

Cenovus Energy's FCF Yield % for the fiscal year that ended in Dec. 2023 is calculated as

FCF Yield %	=	Free Cash Flow	/	Market Cap
	=	2303.22	/	31166.6355
	=	7.39%

Cenovus Energy's annualized FCF Yield % for the quarter that ended in Dec. 2023 is calculated as

FCF Yield %	=	Free Cash Flow	*	Annualized Factor	/	Market Cap
	=	1323.793	*	4	/	31166.6355
	=	16.99%

Cenovus Energy FCF Yield % Explanation

Similar to Earnings Yield %, FCF Yield % is financial solvency ratio. A lower ratio suggests a less attractive investment, indicating that investors might not receive substantial returns in proportion to their investment. Conversely, a high free cash flow yield signals that a company generates sufficient cash to comfortably meet its debts, obligations, and dividend payments, making it a promising investment choice.

Cenovus Energy FCF Yield % Related Terms

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Cenovus Energy (Cenovus Energy) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Cenovus Energy Inc (NYSE:CVE) » Definitions » FCF Yield %

Comparable Companies

Traded in Other Exchanges

CXD:Germany CXD:Germany CVE.PR.B.PFD:Canada CVE.PR.A.PFD:Canada CVE.PR.C.PFD:Canada CVE.PR.G.PFD:Canada CVE.PR.E.PFD:Canada CVE:Canada

Address

225 - 6 Avenue SW, Suite 4100, Calgary, AB, CAN, T2P 1N2

Website

https://www.cenovus.com

Cenovus Energy is an integrated oil company, focused on creating value through the development of its oil sands assets. The company also engages in production of conventional crude oil, natural gas liquids, and natural gas in Alberta, Canada, with refining operations in the U.S. Net upstream production averaged 786 thousand barrels of oil equivalent per day in 2022. The company had upstream projects across Western Canada; crude oil production and natural gas and NGLs production offshore China and Indonesia. The downstream operations include upgrading and refining operations in Canada and the U.S., and commercial fuel operations across Canada.