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 ...

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 ...

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) 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 ...

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]

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]

Group 1: Tariff Impact on Energy Sector - President Trump's 25% import tariffs on Mexico and Canada, along with a 10% tariff on China, are prompting investors to seek shelter from potential fallout, particularly concerning Canadian energy supplies [1] - The United States imports a significant amount of crude oil from Canada, with a third of its crude oil also coming from Mexico; without energy imports, the U.S. would have a trade surplus with Canada [2][4] - The fear of import tariffs has driven a 36.8% drop in Cenovus Energy Inc.'s stock, which is down 8.65% year-to-date as of February 28, 2025 [2] Group 2: Cenovus Energy Overview - Cenovus Energy is one of Canada's largest heavy crude oil producers, with its heavy crude oil from Alberta oil sands being ideal for U.S. refineries [3] - Cenovus has established pipelines transporting heavy crude oil to the Midwest, making it a key supplier for U.S. refineries that rely on Canadian oil [6] - Cenovus has a 50% ownership stake in two refineries in the Midwest, which produce various petroleum products and are strategically located for distribution [7][8] Group 3: Financial Performance and Forecast - Cenovus reported Q4 2024 earnings per share (EPS) of 5 cents, missing analyst estimates by 12 cents, while upstream production rose 1% year-over-year [10] - The company achieved record quarterly and annual oil sands production rates, with downstream refining performance improving significantly [11] - Cenovus's stock forecast indicates a potential upside of 138.68%, with a 12-month price target of $29.25 based on analyst ratings [9] Group 4: Alternative Energy Investment - NRG Energy is highlighted as a major independent power producer in the U.S., generating 23 gigawatts and benefiting from a surge in demand due to the AI and data center boom [13][14] - NRG Energy's stock forecast shows a potential upside of 22.98%, with a 12-month price target of $123.29 [15] - The company reaffirmed its 2025 guidance, forecasting adjusted EPS of $7.25 and adjusted EBITDA of $3.85 billion, indicating strong financial health [16]

Core Points - Cenovus Energy Inc. will redeem its 4.591% Series 5 Preferred Shares on March 31, 2025, for a total of $200 million, funded primarily from cash on hand [1] - The final quarterly dividend of $0.28694 per Series 5 Preferred Share will be paid on March 31, 2025, to shareholders of record as of March 14, 2025 [2] - The company is an integrated energy firm with operations in oil and natural gas production, upgrading, refining, and marketing in Canada and the United States [7]

Financial Performance - Cenovus Energy Inc. reported fourth-quarter 2024 adjusted earnings per share of 5 cents, missing the Zacks Consensus Estimate of 18 cents and declining from 29 cents a year ago [1] - Total quarterly revenues were $8.4 billion, below the Zacks Consensus Estimate of $9.9 billion and down from $9.6 billion in the previous year [1] Operational Performance - The Oil Sands unit's operating margin was C$2.34 billion, an increase from C$1.96 billion year-over-year, with daily oil sand production at 626.6 thousand barrels, up 2.3% year-over-year [3] - The Conventional unit's operating margin decreased to C$88 million from C$123 million, with daily liquid production dropping to 24.5 thousand barrels from 28.9 thousand barrels [4] - The Offshore segment's operating margin fell to C$242 million from C$370 million, with daily offshore liquid production down to 19.5 thousand barrels from 21.1 thousand barrels [4] - The Canadian Manufacturing unit's operating margin was C$47 million, down from C$126 million, processing 104.4 thousand barrels per day [5] - The U.S. Manufacturing unit reported an operating loss of C$443 million, compared to a loss of C$430 million a year earlier, with crude oil processed volumes increasing to 562.3 MBbl/D from 478.8 MBbl/D [5] Expenses - Transportation and blending expenses decreased to C$2.82 billion from C$2.89 billion year-over-year, while expenses for purchased products increased to C$1 billion from C$663 million [6] Capital Investment & Balance Sheet - Cenovus made a total capital investment of C$1.48 billion in the quarter, with cash and cash equivalents of C$3.10 billion and long-term debt of C$7.3 billion as of December 31, 2024 [7] Guidance - For 2025, Cenovus expects total upstream production to be between 805-845 MBoe/d, indicating an increase from 797.2 MBoe/d in 2024, and downstream throughput projected in the range of 650-685 MBbls/d, up from 646.9 MBbls/d in 2024 [9] - The company anticipates capital expenditure to be between $4.6-$5 billion for the year [9]

Group 1 - The primary goal of the Cash Flow Kingdom Income Portfolio is to achieve an overall yield in the range of 7% - 10% by combining various income streams for a steady portfolio payout [1] - Cenovus Energy Inc. (NYSE: CVE) reported weak profitability in Q4 due to poor results from its refining business, but cash generation for 2024 remains strong [1] - The article emphasizes the importance of cash flows and access to capital in investment strategies, particularly in the energy sector [1] Group 2 - The author, Jonathan Weber, has been active in the stock market and focuses on value and income stocks, occasionally covering growth stocks [2] - The article does not provide any specific investment recommendations or advice regarding the suitability of investments for particular investors [4]