Cenovus Energy Net Worth

Cenovus Energy Net Worth Breakdown

  CVE
The net worth of Cenovus Energy is the difference between its total assets and liabilities. Cenovus Energy's net worth represents the value of the company's equity or ownership interest. In other words, it is the amount of money that would be left over if all of Cenovus Energy's assets were sold and all of its debts were paid off. Net worth is sometimes referred to as shareholder's equity or book value. Cenovus Energy's net worth can be used as a measure of its financial health and stability which can help investors to decide if Cenovus Energy is a good investment. It is also essential in determining the company's creditworthiness and ability to secure financing before investing in Cenovus Energy stock.

Cenovus Energy Net Worth Analysis

Cenovus Energy's net worth analysis, or its valuation, is the process of determining the total value of the company. This involves assessing a range of factors, including Cenovus Energy's financial performance, assets, liabilities, and potential for growth. The ultimate goal is to provide a clear understanding of Cenovus Energy's overall worth, which can help investors make informed investment decisions. There are several methods that can be used to perform Cenovus Energy's net worth analysis. One common approach is to calculate Cenovus Energy's market capitalization.Another approach is to use the price-to-earnings ratio (P/E ratio), which compares Cenovus Energy's stock price to its earnings per share (EPS). Discounted cash flow (DCF) analysis is another popular method for assessing Cenovus Energy's net worth. This approach calculates the present value of Cenovus Energy's future cash flows, taking into account factors such as growth rate, profitability, and risk. By comparing the present value of Cenovus Energy's cash flows to its current stock price, investors can gain a better understanding of the company's overall value. Finally, investors may use comparable company analysis to evaluate Cenovus Energy's net worth. This involves comparing Cenovus Energy's financial metrics to similar companies in the same industry. By identifying companies with similar financial characteristics, investors can gain insight into Cenovus Energy's net worth relative to its peers.
To determine if Cenovus Energy is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding Cenovus Energy's net worth research are outlined below:
Cenovus Energy generated a negative expected return over the last 90 days
About 32.0% of the company shares are held by company insiders
Latest headline from finance.yahoo.com: Cenovus Energy The Best Energy Stock to Invest in Now

Cenovus Energy Quarterly Good Will

2.92 Billion

Cenovus Energy uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in Cenovus Energy. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Cenovus Energy's previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
15th of February 2024
Upcoming Quarterly Report
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24th of April 2024
Next Financial Report
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31st of December 2023
Next Fiscal Quarter End
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15th of February 2024
Next Fiscal Year End
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30th of September 2023
Last Quarter Report
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31st of December 2022
Last Financial Announcement
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Know Cenovus Energy's Top Institutional Investors

Have you ever been surprised when a price of an equity instrument such as Cenovus Energy is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Cenovus Energy backward and forwards among themselves. Cenovus Energy's institutional investor refers to the entity that pools money to purchase Cenovus Energy's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
Shares
Bmo Capital Markets Corp.2024-09-30
15.6 M
Smead Capital Management Inc2024-09-30
15.4 M
Bank Of America Corp2024-09-30
13.5 M
Mackenzie Investments2024-09-30
12.3 M
Wellington Management Company Llp2024-09-30
11.1 M
Cibc World Markets Inc.2024-09-30
10.4 M
Cibc Global Asset Management Inc2024-09-30
9.3 M
Bank Of Nova Scotia2024-09-30
M
Dimensional Fund Advisors, Inc.2024-09-30
8.8 M
Capital World Investors2024-09-30
165.3 M
Fmr Inc2024-09-30
55.3 M
Note, although Cenovus Energy's institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

Follow Cenovus Energy's market capitalization trends

The company currently falls under 'Large-Cap' category with a total capitalization of 26.74 B.

Project Cenovus Energy's profitablity

The company has Net Profit Margin of 0.07 %, which implies that it may need a different competitive strategy as even a very small decline in it revenue may erase profits and result in a net loss. This is way below average. In the same way, it shows Net Operating Margin of 0.07 %, which entails that for every 100 dollars of revenue, it generated $0.07 of operating income.
When accessing Cenovus Energy's net worth, it's important to look at multiple sources and consider different scenarios. For example, gross profit margin measures Cenovus Energy's profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of Cenovus Energy's profitability and make more informed investment decisions.
Please note, the presentation of Cenovus Energy's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Cenovus Energy's management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of Cenovus Energy's management manipulating its earnings.

Evaluate Cenovus Energy's management efficiency

Cenovus Energy has Return on Asset of 0.0576 % which means that on every $100 spent on assets, it made $0.0576 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.128 %, implying that it generated $0.128 on every 100 dollars invested. 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.
The leadership approach at Cenovus Energy's fosters a culture of excellence and accountability. Our analysis examines how this culture influences financial outcomes and stock valuation.
Enterprise Value Revenue
0.7791
Revenue
55.7 B
Quarterly Revenue Growth
(0.02)
Revenue Per Share
29.87
Return On Equity
0.128

Cenovus Energy Corporate Filings

20th of December 2024
Other Reports
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6K
12th of December 2024
A report filed by foreign private issuers with SEC. A foreign private issuer is a non-U.S. company with securities traded on U.S. exchanges.
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13A
5th of December 2024
An amended filing to the original Schedule 13G
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24th of September 2024
Other Reports
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Cenovus Energy time-series forecasting models is one of many Cenovus Energy's stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Cenovus Energy's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

Cenovus Energy Earnings per Share Projection vs Actual

Cenovus Energy Corporate Directors

Steven LeerIndependent DirectorProfile
Kin FokNon-Independent DirectorProfile
Susan DabarnoIndependent DirectorProfile
Jane KinneyIndependent DirectorProfile
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 closely tied with the direction of predictive economic indicators such as signals in real.
For information on how to trade Cenovus Stock refer to our How to Trade Cenovus Stock guide.
You can also try the Transaction History module to view history of all your transactions and understand their impact on performance.
Is Oil, Gas & Consumable Fuels space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Cenovus Energy. If investors know Cenovus will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Cenovus Energy listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.57)
Dividend Share
0.775
Earnings Share
1.39
Revenue Per Share
29.87
Quarterly Revenue Growth
(0.02)
The market value of Cenovus Energy is measured differently than its book value, which is the value of Cenovus that is recorded on the company's balance sheet. Investors also form their own opinion of Cenovus Energy's value that differs from its market value or its book value, called intrinsic value, which is Cenovus Energy's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Cenovus Energy's market value can be influenced by many factors that don't directly affect Cenovus Energy's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
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.