Cenovus Energy (TSE:CVE)

CVE - Cenovus Energy Cenovus Energy is a large integrated oil and gas company based in Canada. The company owns oil sands projects in northern Alberta as well as natural gas and oil fields in Alberta and British Columbia. It also owns a 50% stake in two U.S. refineries. Cenovus’ portfolio of assets got a boost with the acquisition of most of ConocoPhillips’ operations in Western Canada in 2017.

Cenovus Energy sells oil to industrial users, wholesalers and commodity purchasers, all around the world. An extensive network of pipelines, rail, and marine tankers transport the company's products. Cenovus is also developing new pipeline projects in Western Canada that will provide access to new buyers.

A vast portfolio of oil sands assets and Deep Basin natural gas and liquids assets in Western Canada should support production growth. Premium asset quality, operating excellence, an integrated model, and a strong reputation are Cenovus’ key competitive strengths.

Stock Chart & Metrics

  • Ticker: tse:cve
  • Sector: Energy
  • Industry: Oil & Gas Integrated
  • Market Cap: 37.61B
  • Market Cap Group: Large Cap
  • P/E: 53.23
  • Dividend Yield: 0.75%


The competitive landscape is important as they compete for the same business. Below is the list of competitors in the same industry. While not displayed, a number of metrics you can also use to evaluate your picks are the Chowder Score, the Relative Strength Index (RSI), the Graham Number, and the Piotroski F-Score.

Ticker Ticker Company Market Cap P/E Aristocrat Graph SectorID IndustryID
XOM NYSE:XOM Exxon Mobile Corp 304.27 21.39 YES 1 5 70
CVX NYSE:CVX Chevron 248.59 23.19 YES 1 5 70
SU TSE:SU Suncor 51.65 22.15 NO 1 5 70
CVE TSE:CVE Cenovus Energy 37.61 53.23 NO 1 5 70
IMO TSE:IMO Imperial Oil 35.46 66.24 YES 1 5 70

Top Picks by Bay Street Experts

Expert stock analysts have shared their opinions, and sometimes prediction, on the company.

For more top picks from stock analysts on Bay Street, check the full list of top picks by expect stock analysts from investment and asset management firms.

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Cenovus Energy - FAQ

What is the stock ticker for Cenovus Energy?

The stock ticker for Cenovus Energy is TSE:cve.

Is Cenovus Energy a good stock to buy?

You need to consider your investment strategy and how TSE:cve can fit in your portfolio.

The current dividend income score of 3/10 and dividend growth score of 0/10. Those 2 metrics together should help you decide the fit for your portfolio. Be it for income or for growth.

Is Cenovus Energy a Buy, Sell or Hold?

The Dividend Snapshot Opportunity Score of 15 out of 100.

The score reflects the strength of a buy signal but it does not show a sell signal if it's low. The higher the better.

A sell signal is more difficult as it often relies on the reason you bought the stock in the first place.

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DISCLAIMER: Please note that this blog post represents my opinion and not an advice/recommendation. I am not a financial adviser, I am not qualified to give financial advice. Before you buy any stocks/funds consult with a qualified financial planner. Make your investment decisions at your own risk – see my full disclaimer for more details.