Cenovus Energy (MEX:CVE N) 10-Year Share Buyback Ratio : -10.60% (As of Mar. 2025)

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What is Cenovus Energy 10-Year Share Buyback Ratio?

Shares Outstanding (EOP) are shares that have been authorized, issued, and purchased by investors and are held by them.

10-Year Share Buyback Ratio measures the average annual proportion of a company's outstanding shares repurchased over the past ten years. It is calculated as the annualized percentage change in shares outstanding from ten years ago to the current year. A positive ratio may indicate share buybacks over the period, while a zero or negative ratio may reflect no repurchases or potential share issuance. Cenovus Energy's current 10-Year Share Buyback Ratio was -10.60%.

MEX:CVE N's 10-Year Share Buyback Ratio is ranked worse than
63.29% of 700 companies
in the Oil & Gas industry
Industry Median: -5.8 vs MEX:CVE N: -10.60

Competitive Comparison of Cenovus Energy's 10-Year Share Buyback Ratio

For the Oil & Gas Integrated subindustry, Cenovus Energy's 10-Year Share Buyback Ratio, along with its competitors' market caps and 10-Year Share Buyback Ratio 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 10-Year Share Buyback Ratio Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Cenovus Energy's 10-Year Share Buyback Ratio distribution charts can be found below:

* The bar in red indicates where Cenovus Energy's 10-Year Share Buyback Ratio falls into.

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Cenovus Energy 10-Year Share Buyback Ratio Calculation

This is the annualized percentage change in shares outstanding from ten years ago to the current year. The annualized percentage change is calculated with least-square regression based on the eleven years of annual data on Shares Outstanding (EOP).

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.

Cenovus Energy (MEX:CVE N) 10-Year Share Buyback Ratio Explanation

A negative number means the company might be issuing new shares. A positive number indicates that the company is buying back shares.

Be Aware

Investors usually like share buybacks. But as pointed by Warren Buffett, only if a company buys back shares at the prices below the stock's intrinsic value, it rewards remaining shareholders. If a company buys its overvalued stocks back, it destroys shareholder value.

Cenovus Energy 10-Year Share Buyback Ratio Related Terms

Thank you for viewing the detailed overview of Cenovus Energy's 10-Year Share Buyback Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.

Cenovus Energy Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Cenovus Energy Inc (MEX:CVE N) » Definitions » 10-Year Share Buyback Ratio

Comparable Companies

Traded in Other Exchanges

CVE:USA CXD:Germany CVE.PR.B.PFD:Canada CVE.PR.A.PFD:Canada CVE.PR.G.PFD:Canada CVE:Canada

Address

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

Website

https://www.cenovus.com

Cenovus Energy Inc 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.

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