CVE BullishCVE energy
good buying opportunity
price undervalued and at both weekly and daily demand
seasonality coming to bullish
Trade Safe
Next report date
—
Report period
—
EPS estimate
—
Revenue estimate
—
1.47 USD
3.10 B USD
39.39 B USD
1.28 B
About CENOVUS ENERGY INC
Sector
Industry
CEO
Jonathan M. McKenzie
Website
Headquarters
Calgary
Founded
1881
FIGI
BBG000PSJP22
Cenovus Energy, Inc. is a Canadian-based integrated energy company, which engages in the provision of gas and oil. It operates through the following segments: Upstream, Downstream, and Corporate and Eliminations. The Upstream segment refers to operations of oil sands, conventional, and offshore. The Downstream segment operates the Canadian and U.S. refining. The Corporate and Eliminations segment includes the corporates costs for general and administrative. The company was founded in 1881 and is headquartered in Calgary, Canada.
Cenovus Energy (CVE) 2h.Based on my analysis, Cenovus Energy (CVE) presents a solid buying opportunity.
A stop is set at 23.20 to manage risk, with a target price of 24.30, offering a favorable potential for gains
CVE - Clear Structural Changemanually stop with daily close under the line
I am an amateur trader. I sometimes enter into trades. Other times it is only an analysis. Trade with your own risk awareness.
Cenovus Energy - Bullish Flag Pattern Formation in HT*Cenovus Energy CMP - $19.90*
Buy Range $19 - $20 ONLY
Target 1 - $25
Target 2 - $30
Target 3 - $35 / 40+
Disclaimer: This is my view and for educational purpose only.
CVE shortChart analysis leads me to believe that shorting CVE is a good option here. I would definitely buy the dip at around 1.40 - 1.60 though. We'll see what happens.
CVE BUYHi, according to my analysis. CVE stock. There is a very good buying opportunity as the stock has broken the downward trend. It also breached the sideways channel and the resistance at level 24. good luck for everbody
Cenovus Energy Inc. oilCVE stock on the 3Day time frame.
-Looks like a double top to me
-I am bearish to neutral on CVE
-48MA turning down, if the 13MA crosses also I'd be more bearish
-Highly dependant on Oil price but when main market sells off its a double wammy
None of this should be interpreted as financial advice
$CVE with a Bullish outlook following its earnings #Stocks The PEAD projected a Bullish outlook for $CVE after a Negative over reaction following its earnings release placing the stock in drift C with an expected accuracy of 100%.
Cenovus Energy INC.CVE price chart analysis on the 3Day time frame 2015-Current.
In line with my "Keep it simple stupid" philosophy, my trend analysis shows that when the 13 SMA crosses the 48 SMA, it is a notable occurrence, possibly indicating a change in trend upcoming. My buy or sell decision occurs when the red
$CVE with a Bullish outlook following its earnings #Stocks The PEAD projected a Bullish outlook for $CVE after a Positive Under reaction following its earnings release placing the stock in drift A with an expected accuracy of 70%.
See all ideas
An aggregate view of professional's ratings.
Displays a symbol's price movements over previous years to identify recurring trends.
Frequently Asked Questions
The current price of CVE is 16.11 USD — it has decreased by −1.41% in the past 24 hours. Watch Cenovus Energy Inc stock price performance more closely on the chart.
Depending on the exchange, the stock ticker may vary. For instance, on NYSE exchange Cenovus Energy Inc stocks are traded under the ticker CVE.
CVE stock has fallen by −0.43% compared to the previous week, the month change is a −7.94% fall, over the last year Cenovus Energy Inc has showed a −9.24% decrease.
We've gathered analysts' opinions on Cenovus Energy Inc future price: according to them, CVE price has a max estimate of 27.26 USD and a min estimate of 20.09 USD. Watch CVE chart and read a more detailed Cenovus Energy Inc stock forecast: see what analysts think of Cenovus Energy Inc and suggest that you do with its stocks.
CVE stock is 2.03% volatile and has beta coefficient of 1.61. Track Cenovus Energy Inc stock price on the chart and check out the list of the most volatile stocks — is Cenovus Energy Inc there?
Today Cenovus Energy Inc has the market capitalization of 29.56 B, it has decreased by −0.34% over the last week.
Yes, you can track Cenovus Energy Inc financials in yearly and quarterly reports right on TradingView.
Cenovus Energy Inc is going to release the next earnings report on Feb 12, 2025. Keep track of upcoming events with our Earnings Calendar.
CVE earnings for the last quarter are 0.31 USD per share, whereas the estimation was 0.32 USD resulting in a −3.91% surprise. The estimated earnings for the next quarter are 0.37 USD per share. See more details about Cenovus Energy Inc earnings.
Cenovus Energy Inc revenue for the last quarter amounts to 12.24 B USD, despite the estimated figure of 10.45 B USD. In the next quarter, revenue is expected to reach 11.03 B USD.
CVE net income for the last quarter is 606.02 M USD, while the quarter before that showed 730.70 M USD of net income which accounts for −17.06% change. Track more Cenovus Energy Inc financial stats to get the full picture.
Yes, CVE dividends are paid quarterly. The last dividend per share was 0.13 USD. As of today, Dividend Yield (TTM)% is 2.85%. Tracking Cenovus Energy Inc dividends might help you take more informed decisions.
Cenovus Energy Inc dividend yield was 2.38% in 2023, and payout ratio reached 24.43%. The year before the numbers were 1.33% and 10.65% correspondingly. See high-dividend stocks and find more opportunities for your portfolio.
As of Nov 10, 2024, the company has 6.92 K employees. See our rating of the largest employees — is Cenovus Energy Inc on this list?
EBITDA measures a company's operating performance, its growth signifies an improvement in the efficiency of a company. Cenovus Energy Inc EBITDA is 7.47 B USD, and current EBITDA margin is 19.67%. See more stats in Cenovus Energy Inc financial statements.
Like other stocks, CVE shares are traded on stock exchanges, e.g. Nasdaq, Nyse, Euronext, and the easiest way to buy them is through an online stock broker. To do this, you need to open an account and follow a broker's procedures, then start trading. You can trade Cenovus Energy Inc stock right from TradingView charts — choose your broker and connect to your account.
Investing in stocks requires a comprehensive research: you should carefully study all the available data, e.g. company's financials, related news, and its technical analysis. So Cenovus Energy Inc technincal analysis shows the strong sell today, and its 1 week rating is sell. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1 month rating Cenovus Energy Inc stock shows the sell signal. See more of Cenovus Energy Inc technicals for a more comprehensive analysis.
If you're still not sure, try looking for inspiration in our curated watchlists.
If you're still not sure, try looking for inspiration in our curated watchlists.