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GuruFocus has detected 2 Warning Signs with Cenovus Energy Inc $CVE.
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Cenovus Energy Inc (NYSE:CVE)
Non-Recurring Items
$-385 Mil (TTM As of Mar. 2017)

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 Mar. 2017 was $170 Mil. Its non-recurring items for the trailing twelve months (TTM) ended in Mar. 2017 was $-385 Mil.

As of today, Cenovus Energy Inc's share price is $9.38. Cenovus Energy Inc's earnings per share without non-recurring items for the trailing twelve months (TTM) ended in Mar. 2017 was $-0.21. Therefore, Cenovus Energy Inc's P/E (NRI) ratio for today is .


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 Mar. 2017 was -279.199627734 (Jun. 2016 ) + -45.0106805005 (Sep. 2016 ) + -230.152185321 (Dec. 2016 ) + 169.567490849 (Mar. 2017 ) = $-385 Mil.

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's 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
=9.38/-0.207832023491
=

Cenovus Energy Inc's Share Price of today is $9.38.
Cenovus Energy Inc's Earnings per Share (NRI) for the trailing twelve months (TTM) ended in Mar. 2017 was -0.248177446875 (Jun. 2016 ) + -0.228867866951 (Sep. 2016 ) + 0.0824649523952 (Dec. 2016 ) + 0.18674833794 (Mar. 2017 ) = $-0.21.

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's 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 local exchange's currency.

Cenovus Energy Inc Annual Data

Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15Dec16
Non Operating Income 0215232395216-98-358-1941,211-252

Cenovus Energy Inc Quarterly Data

Dec14Mar15Jun15Sep15Dec15Mar16Jun16Sep16Dec16Mar17
Non Operating Income -129-429-411,713-24290-279-45-230170
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