Cenovus Energy Inc.

Cenovus Energy Inc.verified

CVE

Price:

$16.85

Market Cap:

$42.44B

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. The company operates through Oil Sands, Conventional, Offshore, Canadian Manufacturing, U.S. Manufacturing, and Retail segments. The Oil Sands segment develops and produces bitumen and heavy oil in northern Alberta and Saskatchewan. This segments Foster Creek, Christina Lake, Sunrise, and Tucker oil sands projects, as well as Lloydminster thermal and conventional heavy oil assets The Conventional segment holds assets primarily located in Elmworth-Wapiti, Kaybob-Edson, Clearwater, and Rainbow Lake operat...[Read more]

Industry

Oil & Gas Integrated

IPO Date

2009-11-17

Stock Exchange

NYSE

Ticker

CVE

The Current Ratio as of September 2024 (TTM) for Cenovus Energy Inc. (CVE) is 1.66

According to Cenovus Energy Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 1.66. This represents a change of 3.33% compared to the average of 1.60 of the last 4 quarters.

Cenovus Energy Inc. (CVE) Historical Current Ratio (quarterly & annually)

How has CVE Current Ratio performed in the past?

The mean historical Current Ratio of Cenovus Energy Inc. over the last ten years is 1.71. The current 1.66 Current Ratio has changed 9.57% with respect to the historical average. Over the past ten years (40 quarters), CVE's Current Ratio was at its highest in in the September 2015 quarter at 3.58. The Current Ratio was at its lowest in in the March 2020 quarter at 0.71.

Quarterly (TTM)
Annual

Average

1.71

Median

1.48

Minimum

1.13

Maximum

3.48

Cenovus Energy Inc. (CVE) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Cenovus Energy Inc. Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 145.57%

Maximum Annual Current Ratio = 3.48

Minimum Annual Increase = -55.80%

Minimum Annual Current Ratio = 1.13

Quarterly (TTM)
Annual
YearCurrent RatioChange
20231.560.88%
20221.55-5.57%
20211.6430.08%
20201.26-3.16%
20191.306.01%
20181.238.85%
20171.13-55.80%
20162.55-26.69%
20153.48145.57%
20141.42-4.44%

Cenovus Energy Inc. (CVE) Average Current Ratio

How has CVE Current Ratio performed in the past?

The current Current Ratio of Cenovus Energy Inc. (CVE) is greater than its 3-year, greater than its 5-year, and less than than its 10-year historical averages

3-year avg

1.58

5-year avg

1.46

10-year avg

1.71

Cenovus Energy Inc. (CVE) Current Ratio vs. Peers

How is CVE’s Current Ratio compared to its peers?

Cenovus Energy Inc.’s Current Ratio is greater than Imperial Oil Limited (1.40), greater than Exxon Mobil Corporation (1.36), greater than Chevron Corporation (1.16), greater than BP p.l.c. (1.24), greater than Suncor Energy Inc. (1.46), greater than Eni S.p.A. (1.28), greater than TotalEnergies SE (1.11), greater than Equinor ASA (1.53), greater than Petróleo Brasileiro S.A. - Petrobras (0.90), greater than Petróleo Brasileiro S.A. - Petrobras (0.90), greater than YPF Sociedad Anónima (0.93), greater than Ecopetrol S.A. (1.48), greater than Shell plc (1.41),

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