Cenovus Energy Inc.

Cenovus Energy Inc.verified

CVE.TO

Price:

$22.87

Market Cap:

$42.45B

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

2009-11-02

Stock Exchange

TSX

Ticker

CVE.TO

The ROE as of September 2024 (TTM) for Cenovus Energy Inc. (CVE.TO) is 16.32%

According to Cenovus Energy Inc.’s latest financial reports and current stock price. The company's current ROE is 16.32%. This represents a change of 299.29% compared to the average of 4.09% of the last 4 quarters.

Cenovus Energy Inc. (CVE.TO) Historical ROE (quarterly & annually)

How has CVE.TO ROE performed in the past?

The mean historical ROE of Cenovus Energy Inc. over the last ten years is 4.65%. The current 16.32% ROE has changed 250.60% with respect to the historical average. Over the past ten years (40 quarters), CVE.TO's ROE was at its highest in in the September 2015 quarter at 13.84%. The ROE was at its lowest in in the March 2020 quarter at -10.13%.

Quarterly (TTM)
Annual

Average

4.65%

Median

6.15%

Minimum

-15.28%

Maximum

23.39%

Cenovus Energy Inc. (CVE.TO) ROE by Quarter and Year

Discovering the peaks and valleys of Cenovus Energy Inc. ROE, 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 = 840.22%

Maximum Annual ROE = 23.39%

Minimum Annual Increase = -458.25%

Minimum Annual ROE = -15.28%

Quarterly (TTM)
Annual
YearROEChange
202314.32%-38.79%
202223.39%840.22%
20212.49%-117.47%
2020-14.24%-224.62%
201911.43%-174.78%
2018-15.28%-190.70%
201716.85%-458.25%
2016-4.70%-194.28%
20154.99%-31.72%
20147.30%9.74%

Cenovus Energy Inc. (CVE.TO) Average ROE

How has CVE.TO ROE performed in the past?

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

3-year avg

13.40%

5-year avg

7.48%

10-year avg

4.65%

Cenovus Energy Inc. (CVE.TO) ROE vs. Peers

How is CVE.TO’s ROE compared to its peers?

Cenovus Energy Inc.’s ROE is less than Canadian Natural Resources Limited (19.37%), greater than Crescent Point Energy Corp. (-0.15%), less than Suncor Energy Inc. (17.35%), less than MEG Energy Corp. (12.84%), greater than Baytex Energy Corp. (-9.95%),

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