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Cenovus Energy (Cenovus Energy) Market Cap

: $38,572 Mil (As of Today)
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Market cap is the total market value to buy the whole company. It is equal to the share price times the number of Shares Outstanding (EOP). Cenovus Energy's share price for the quarter that ended in Dec. 2023 was $16.65. Cenovus Energy's Shares Outstanding (EOP) for the quarter that ended in Dec. 2023 was 1,872 Mil. Therefore, Cenovus Energy's market cap for the quarter that ended in Dec. 2023 was $31,167 Mil.

Cenovus Energy's quarterly market cap increased from Jun. 2023 ($32,202 Mil) to Sep. 2023 ($39,257 Mil) but then declined from Sep. 2023 ($39,257 Mil) to Dec. 2023 ($31,167 Mil).

Cenovus Energy's annual market cap increased from Dec. 2021 ($24,575 Mil) to Dec. 2022 ($37,057 Mil) but then declined from Dec. 2022 ($37,057 Mil) to Dec. 2023 ($31,167 Mil).

Enterprise Value is the theoretical takeover price. It is more comprehensive than market capitalization (market cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash and cash equivalents. Cenovus Energy's Enterprise Value for Today is $44,584 Mil.


Cenovus Energy Market Cap Historical Data

The historical data trend for Cenovus Energy's Market Cap 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 Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Market Cap
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 12,472.62 7,422.37 24,574.86 37,057.38 31,166.64

Cenovus Energy Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Market Cap Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 37,057.38 33,321.54 32,202.40 39,257.36 31,166.64

Competitive Comparison

For the Oil & Gas Integrated subindustry, Cenovus Energy's Market Cap, along with its competitors' market caps and Market Cap 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 Market Cap Distribution

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

* The bar in red indicates where Cenovus Energy's Market Cap falls into.



Cenovus Energy Market Cap Calculation

Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.

Cenovus Energy's Market Cap for the fiscal year that ended in Dec. 2023 is calculated as

Market Cap (A: Dec. 2023 )=Share Price (A: Dec. 2023 )*Shares Outstanding (EOP) (A: Dec. 2023 )
=$16.65*1871.87
=$31,167

Cenovus Energy's Market Cap for the quarter that ended in Dec. 2023 is calculated as

Market Cap (Q: Dec. 2023 )=Share Price (Q: Dec. 2023 )*Shares Outstanding (EOP) (Q: Dec. 2023 )
=$16.65*1871.87
=$31,167

* 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.


Cenovus Energy  (NYSE:CVE) Market Cap Explanation

Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the company’s debt. The real price you pay is the Enterprise Value.

Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.


Cenovus Energy Market Cap Related Terms

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Cenovus Energy (Cenovus Energy) Business Description

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