Brian Ferguson - Cenovus Energy President CEO, Non-Independent Director

CVE Stock  CAD 28.46  0.10  0.35%   

CEO

Mr. Brian C. Ferguson serves as President, Chief Executive Officer, NonIndependent Director of Cenovus Energy Inc. Mr. Ferguson has served as President Chief Executive Officer of Cenovus since its formation on November 30, 2009. Mr. Ferguson is accountable for overall leadership of Cenovuss strategic and operational performance. Prior to leading Cenovus, Mr. Ferguson was Executive VicePresident Chief Financial Officer of Encana Corporationrationration. His business experience spans a variety of areas including finance, business development, reserves, strategic planning, evaluations and communications. Mr. Ferguson is a Fellow of the Chartered Professional Accountants of Alberta and a member of the Chartered Professional Accountants of Canada. Mr. Ferguson is a director of The TorontoDominion Bank, a board member of the Business Council of Canada and a member of the Government of Canadas Advisory Council on Economic Growth. Mr. Ferguson has served on several other boards, including the Canadian Association of Petroleum Producers Board of Governors. He continues to serve on CAPPs Oil Sands CEO Council is Chair of the Calgary Police Foundation and was named Calgarys first Honourary Deputy Police Chief since 2009.
Age 59
Tenure 15 years
Address 4100, 225 ? 6 Avenue SW, Calgary, AB, Canada, T2P 0M5
Phone403 766 2000
Webhttps://www.cenovus.com
Ferguson holds a Bachelor of Commerce degree, with distinction, from the University of Alberta and has completed the University of Western Ontario’s Executive Management program.

Cenovus Energy Management Efficiency

The company has return on total asset (ROA) of 0.0616 % which means that it generated a profit of $0.0616 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.146 %, meaning that it generated $0.146 on every $100 dollars invested by stockholders. Cenovus Energy's management efficiency ratios could be used to measure how well Cenovus Energy manages its routine affairs as well as how well it operates its assets and liabilities. As of the 19th of April 2024, Return On Tangible Assets is likely to drop to 0.04. In addition to that, Return On Capital Employed is likely to drop to 0.07. At this time, Cenovus Energy's Other Current Assets are very stable compared to the past year. As of the 19th of April 2024, Other Assets is likely to grow to about 1 B, while Total Assets are likely to drop about 35.9 B.
The company has accumulated 179 M in total debt with debt to equity ratio (D/E) of 0.54, which is about average as compared to similar companies. Cenovus Energy has a current ratio of 1.7, which is within standard range for the sector. Debt can assist Cenovus Energy until it has trouble settling it off, either with new capital or with free cash flow. So, Cenovus Energy's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Cenovus Energy sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Cenovus to invest in growth at high rates of return. When we think about Cenovus Energy's use of debt, we should always consider it together with cash and equity.

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Cenovus Energy Inc., together with its subsidiaries, develops, produces, and markets crude oil, natural gas liquids, and natural gas in Canada, the United States, and the Asia Pacific region. Cenovus Energy Inc. was founded in 2009 and is headquartered in Calgary, Canada. CENOVUS ENERGY operates under Oil Gas Integrated classification in Canada and is traded on Toronto Stock Exchange. It employs 5938 people. Cenovus Energy (CVE) is traded on Toronto Exchange in Canada and employs 6,925 people. Cenovus Energy is listed under Oil, Gas & Consumable Fuels category by Fama And French industry classification.

Management Performance

Cenovus Energy Leadership Team

Elected by the shareholders, the Cenovus Energy's board of directors comprises two types of representatives: Cenovus Energy inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Cenovus. The board's role is to monitor Cenovus Energy's management team and ensure that shareholders' interests are well served. Cenovus Energy's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Cenovus Energy's outside directors are responsible for providing unbiased perspectives on the board's policies.
Steven Leer, Independent Director
Kieron McFayden, Executive Vice President and Presidentident - Upstream Oil & Gas
Keith Chiasson, Executive Vice President - Downstream
Jacqueline McGillivray, Executive Vice President - Safety & Organization Effectiveness
Valerie Nielsen, Independent Director
Kam Sandhar, Senior Vice-President, Strategy & Corporate Development
Ivor Ruste, CFO, Executive Vice President
Joseph Zieglgansberger, Executive Officer
Karamjit Sandhar, Senior Vice President Deep Basin
Gary Molnar, Vice-President - Legal, Assistant General Counsel and Corporate Secretary
Jacqui McGillivray, Executive Vice President - Safety & Organization Effectiveness
Ralph Cunningham, Independent Director
Norrie Ramsay, Executive Vice President Upstream
Michael Grandin, Independent Chairman of the Board
Drew Zieglgansberger, Executive Vice-President - Oil Sands Manufacturing
Colin Taylor, Independent Director
Harbir Chhina, Executive Vice President, Chief Technology Officer
Ian Delaney, Independent Director
Alexander Pourbaix, President, Chief Executive Officer, Director
Susan Dabarno, Independent Director
Harold Kvisle, Independent Director
Kam CA, Executive CFO
Jonathan CA, CEO President
Jason Abbate, Senior Relations
Jonathan McKenzie, Chief Financial Officer, Executive Vice President
Jeffrey Hart, Executive Services
Patrick Daniel, Independent Chairman of the Board
Jane Kinney, Independent Director
Charles Rampacek, Independent Director
Judy Fairburn, Executive Vice President - Business Innovation
Sarah Walters, Senior Vice President - Corporate Services
Alan Reid, Executive Vice President - Environment, Corporate affairs and Legal, General Counsel
M Lewis, Independent Director
Susan Anderson, VicePres Services
Wayne Thomson, Independent Director
Brian Ferguson, President CEO, Non-Independent Director
Rhonda Zygocki, Independent Director
Alex Pourbaix, President CEO, Director
J Zieglgansberger, Executive Vice President, Strategy & Corporate Development
Keith MacPhail, Independent Director
Robert Pease, Executive Vice-President of Corporate Strategy and President of Downstream
Keith Casey, Director
Claude Mongeau, Independent Director
Sherry Wendt, Director Relations
Jeffery LLB, Senior Development
Richard Marcogliese, Independent Director

Cenovus Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Cenovus Energy a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Pair Trading with Cenovus Energy

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Cenovus Energy position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Cenovus Energy will appreciate offsetting losses from the drop in the long position's value.

Moving together with Cenovus Stock

  0.9ENB-PFC Enbridge Pref 11PairCorr
  0.84ENB-PFU Enbridge Pref LPairCorr
  0.7ENS-PA E Split CorpPairCorr

Moving against Cenovus Stock

  0.43SAGE Sage Potash CorpPairCorr
The ability to find closely correlated positions to Cenovus Energy could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Cenovus Energy when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Cenovus Energy - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Cenovus Energy to buy it.
The correlation of Cenovus Energy is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Cenovus Energy moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Cenovus Energy moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Cenovus Energy can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Cenovus Energy is a strong investment it is important to analyze Cenovus Energy's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Cenovus Energy's future performance. For an informed investment choice regarding Cenovus Stock, refer to the following important reports:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Cenovus Energy. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
To learn how to invest in Cenovus Stock, please use our How to Invest in Cenovus Energy guide.
Note that the Cenovus Energy information on this page should be used as a complementary analysis to other Cenovus Energy's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the AI Investment Finder module to use AI to screen and filter profitable investment opportunities.

Complementary Tools for Cenovus Stock analysis

When running Cenovus Energy's price analysis, check to measure Cenovus Energy's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Cenovus Energy is operating at the current time. Most of Cenovus Energy's value examination focuses on studying past and present price action to predict the probability of Cenovus Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cenovus Energy's price. Additionally, you may evaluate how the addition of Cenovus Energy to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between Cenovus Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if Cenovus Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Cenovus Energy's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.