Steven Leer - Cenovus Energy Independent Director
| CVE Stock | CAD 28.28 1.15 3.91% |
Director
Mr. Steven F. Leer serves as Independent Director of Cenovus Energy Inc. Mr. Leer is lead director of Norfolk Southern Corporationrationration, a publicly traded North American rail transportation provider. He is the nonexecutive Chairman of the Board of USG Corporation, a publicly traded manufacturer and distributor of high performance building systems and a director of Parsons Corporationrationration, a private engineering, construction, technical, and management services firm. Mr. Leer served as lead director of USG from January 2012 to November 2016 and as a director of USG from June 2005 to January 2012, during which time he was a member and Chair of USGs Governance Committee and a member of its Compensation and Organization Committee. Mr. Leer served as Chairman of Arch Coal, Inc., a publicly traded coal producing company, from April 2006 to April 2014, and served as a director of Arch Coal and its predecessor company from 1992 until April 2014. During his tenure with Arch Coal and its predecessor company, he also served as Chief Executive Officer from July 1992 to April 2012 and President from July 1992 to April 2006. Mr. Leer served as Chairman of the Center for Energy and Economic Development, the National Coal Council, the National Mining Association and was on the board of the Mineral Information Institute. Mr. Leer is a former member of the Board of Trustees of Washington University in St. Louis and he is a former director of the Business Roundtable and the National Association of Manufacturers. He serves on the boards of the Center for Energy and Economic Development, the National Coal Council and the National Mining Association. In addition, he is a delegate to the Coal Industry Advisory Board of the International Energy Agency in Paris since 2015.
| Age | 66 |
| Tenure | 9 years |
| Address | 4100, 225 ? 6 Avenue SW, Calgary, AB, Canada, T2P 0M5 |
| Phone | 403 766 2000 |
| Web | https://www.cenovus.com |
Steven Leer Latest Insider Activity
Tracking and analyzing the buying and selling activities of Steven Leer against Cenovus Energy stock is an integral part of due diligence when investing in Cenovus Energy. Steven Leer insider activity provides valuable insight into whether Cenovus Energy is net buyers or sellers over its current business cycle. Note, Cenovus Energy insiders must abide by specific rules, including filing SEC forms every time they buy or sell Cenovus Energy'sshares to prevent insider trading or benefiting illegally from material non-public information that their positions give them access to.
Steven Leer few days ago Acquisition by Steven Leer of 2870 shares of USCF Gold subject to Rule 16b-3 |
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 1st of May 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 1st of May 2024, Other Assets is likely to grow to about 1 B, while Total Assets are likely to drop about 35.9 B.Similar Executives
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| Greg Bay | Gear Energy | 59 | |
| Bindu Wyma | Gear Energy | N/A | |
| Peter Verburg | Gear Energy | N/A | |
Management Performance
| Return On Equity | 0.15 | ||||
| Return On Asset | 0.0616 |
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.
| Return On Equity | 0.15 | ||||
| Return On Asset | 0.0616 | ||||
| Profit Margin | 0.08 % | ||||
| Operating Margin | 0.08 % | ||||
| Current Valuation | 61.19 B | ||||
| Shares Outstanding | 1.87 B | ||||
| Shares Owned By Insiders | 31.50 % | ||||
| Shares Owned By Institutions | 55.41 % | ||||
| Number Of Shares Shorted | 11.9 M | ||||
| Price To Earning | 10.52 X |
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Cenovus Energy in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Cenovus Energy's short interest history, or implied volatility extrapolated from Cenovus Energy options trading.
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
| 0.94 | ENB-PFC | Enbridge Pref 11 | PairCorr |
| 0.75 | ENB-PFU | Enbridge Pref L | PairCorr |
Moving against Cenovus Stock
| 0.94 | ECN | ECN Capital Corp | PairCorr |
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.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 Sync Your Broker module to sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors..
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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