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Cenovus (CVE) Q1 Earnings: Taking a Look at Key Metrics Versus Estimates
ZACKS· 2025-05-08 14:36
Cenovus Energy (CVE) reported $9.26 billion in revenue for the quarter ended March 2025, representing a year-over-year decline of 6.8%. EPS of $0.32 for the same period compares to $0.46 a year ago.The reported revenue compares to the Zacks Consensus Estimate of $9.47 billion, representing a surprise of -2.18%. The company delivered an EPS surprise of +10.34%, with the consensus EPS estimate being $0.29.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and h ...
Cenovus Energy (CVE) Tops Q1 Earnings Estimates
ZACKS· 2025-05-08 12:30
Cenovus Energy (CVE) came out with quarterly earnings of $0.32 per share, beating the Zacks Consensus Estimate of $0.29 per share. This compares to earnings of $0.46 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 10.34%. A quarter ago, it was expected that this oil company would post earnings of $0.18 per share when it actually produced earnings of $0.05, delivering a surprise of -72.22%.Over the last four quarters, the compa ...
Cenovus announces first-quarter 2025 results
GlobeNewswire· 2025-05-08 10:00
CALGARY, Alberta, May 08, 2025 (GLOBE NEWSWIRE) -- Cenovus Energy Inc. (TSX: CVE) (NYSE: CVE) today announced its first-quarter 2025 financial and operating results. The company generated more than $1.3 billion in cash from operating activities, $2.2 billion of adjusted funds flow and $983 million of free funds flow. Operating results in the quarter were strong, with Upstream production increasing to 818,900 barrels of oil equivalent per day (BOE/d)1 while Downstream crude throughput was 665,400 barrels per ...
Insights Into Cenovus (CVE) Q1: Wall Street Projections for Key Metrics
ZACKS· 2025-05-06 14:20
The upcoming report from Cenovus Energy (CVE) is expected to reveal quarterly earnings of $0.29 per share, indicating a decline of 37% compared to the year-ago period. Analysts forecast revenues of $9.55 billion, representing a decrease of 3.9% year over year.The consensus EPS estimate for the quarter has undergone a downward revision of 1.6% in the past 30 days, bringing it to its present level. This represents how the covering analysts, as a whole, have reassessed their initial estimates during this timef ...
Cenovus Energy (CVE) Exceeds Market Returns: Some Facts to Consider
ZACKS· 2025-05-01 23:20
Cenovus Energy (CVE) closed at $11.97 in the latest trading session, marking a +1.7% move from the prior day. The stock exceeded the S&P 500, which registered a gain of 0.63% for the day. Elsewhere, the Dow saw an upswing of 0.21%, while the tech-heavy Nasdaq appreciated by 1.52%.The oil company's shares have seen a decrease of 16.17% over the last month, not keeping up with the Oils-Energy sector's loss of 11.18% and the S&P 500's loss of 0.7%.Analysts and investors alike will be keeping a close eye on the ...
Cenovus to hold first-quarter 2025 conference call and webcast and 2025 Annual Meeting of Shareholders on May 8
GlobeNewswire· 2025-05-01 20:28
CALGARY, Alberta, May 01, 2025 (GLOBE NEWSWIRE) -- Cenovus Energy Inc. (TSX:CVE) (NYSE:CVE) will release its first-quarter 2025 results on Thursday, May 8, 2025. The news release will provide consolidated first-quarter operating and financial information. The company’s financial statements will be available on Cenovus’s website, cenovus.com. First-quarter 2025 conference call: 9 a.m. MT (11 a.m. ET) For analysts wanting to join the call, please register in advance at Conference Call registration. To partici ...
Cenovus Energy: An Acquisition And Potential Tariff Exposure
Seeking Alpha· 2025-04-29 14:27
I analyze oil and gas companies like Cenovus Energy and related companies in my service, Oil & Gas Value Research, where I look for undervalued names in the oil and gas space. I break down everything you need to know about these companies -- the balance sheet, competitive position and development prospects. This article is an example of what I do. But for Oil & Gas Value Research members, they get it first and they get analysis on some companies that is not published on the free site. Interested? Sign up he ...
Cenovus Energy (CVE) Advances But Underperforms Market: Key Facts
ZACKS· 2025-03-24 23:20
Cenovus Energy (CVE) closed at $14.30 in the latest trading session, marking a +1.2% move from the prior day. This move lagged the S&P 500's daily gain of 1.77%. At the same time, the Dow added 1.42%, and the tech-heavy Nasdaq gained 2.28%.Shares of the oil company witnessed a loss of 3.15% over the previous month, trailing the performance of the Oils-Energy sector with its gain of 0.43% and outperforming the S&P 500's loss of 5.73%.The investment community will be paying close attention to the earnings per ...
Cenovus Energy: Free Cash Flow Is Second Half Loaded
Seeking Alpha· 2025-03-24 18:44
Group 1 - Cenovus Energy announced that its capital budget is "front end loaded," indicating higher capital expenditures in the first two quarters [2] - The oil and gas industry is characterized as a boom-bust, cyclical sector, requiring patience and experience for successful investment [2] Group 2 - The analysis of oil and gas companies focuses on identifying undervalued entities, examining balance sheets, competitive positions, and development prospects [1]
Cenovus Energy (CVE) Suffers a Larger Drop Than the General Market: Key Insights
ZACKS· 2025-03-13 23:20
Company Overview - Cenovus Energy's stock closed at $13.07, reflecting a decrease of -1.13% from the previous day, which is less than the S&P 500's loss of 0.91% [1] - Over the past month, Cenovus Energy shares have declined by 13.03%, while the Oils-Energy sector and the S&P 500 have lost 4.23% and 7.38%, respectively [1] Upcoming Earnings - Analysts expect Cenovus Energy to report earnings of $0.40 per share, indicating a year-over-year decline of 13.04% [2] - The consensus estimate for revenue is $9.53 billion, which represents a 4.11% decrease compared to the same quarter last year [2] Fiscal Year Projections - For the entire fiscal year, earnings are projected at $1.63 per share, reflecting a growth of +33.61%, while revenue is expected to be $38.09 billion, showing a decline of -3.95% from the previous year [3] - Recent analyst estimate revisions suggest a changing business outlook, with positive revisions indicating optimism [3] Valuation Metrics - Cenovus Energy is currently trading at a Forward P/E ratio of 8.14, which is lower than the industry average Forward P/E of 9.8 [6] - The Oil and Gas - Integrated - Canadian industry, part of the Oils-Energy sector, has a Zacks Industry Rank of 162, placing it in the bottom 36% of over 250 industries [6] Zacks Rank and Performance - The Zacks Rank system, which evaluates estimate changes, currently ranks Cenovus Energy at 3 (Hold) [5] - The Zacks Consensus EPS estimate has increased by 9.24% in the past month, indicating potential positive sentiment [5]