Cenovus Energy에 대한 매도 수량은 투자자에게 Cenovus Energy의 주식 하락에 베팅하는 정도를 알려줍니다. 매도 수량 데이터는 2주마다 업데이트됩니다.

Cenovus Energy (NYSE:CVE) 주식, 공매도 수량 보고

Cenovus Energy

Cenovus Energy Inc is an integrated oil company, focused on creating value through the development of its oil sands assets. The company also engages in production of conventional crude oil, natural gas liquids, and natural gas in Alberta, Canada, with refining operations in the U.S. Net upstream production averaged 786 thousand barrels of oil equivalent per day in 2022. The company had upstream projects across Western Canada; crude oil production and natural gas and NGLs production offshore China and Indonesia. The downstream operations include upgrading and refining operations in Canada and the U.S., and commercial fuel operations across Canada.

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올해 초부터 S&amp;P 500 내에서 상위 10위 안에 에너지 기업이 3곳 포함되어 있으며, 이는 2023년 에너지 부문의 하향 성과에 비해 상당한 패러다임 전환을 나타낸다.올해 초부터 에너지 주식의 과세익을 이루어낸 가장 중요한 요인 중 하나는 원유 가격의 급격한 상승이다.

2024년 유가가 $90에 도달함에 따라 3개의 에너지 주식이 S&amp;P 500의 상위 10개 주식에 포함

Cenovus Energy Inc

Cenovus Energy Inc Warrants (each warrant entitles the holder to purchase one common share at an exercise price of C$6.54 per share)

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Shares of oil and gas companies are trading lower amid a rise in US crude inventories.

RBC Capital analyst Greg Pardy maintains Cenovus Energy (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CVE#NYSE">CVE</a>) with a Outperform and lowers the price target from $26 to $25.

News

Price Target

Analyst Ratings

RBC Capital Maintains Outperform on Cenovus Energy, Lowers Price Target to $25

Cenovus Energy CEO Sees Signs of Improvement In Refined Product Prices, Expects More Normal Crack Spreads This Spring; Says West White Rose Offshore Oilfield Project 88% Complete, Will Produce First Oil in 2026; Cenovus Energy Expects to See Production And Free Funds Flow Increasing In The Second Half of 2025; Cenovus Energy Exec Says U.S. Tariffs Could Drive More Canadian Oil Through Trans Mountain Pipeline to Global Markets; Says U.S. Tariffs Will Not Impact Company's Capital Spending Plans In 2025

Cenovus Energy shares are trading lower after the company reported a year-over-year decrease in Q4 adjusted EPS results and missed its revenue estimate.

Cenovus Energy (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CVE#NYSE">CVE</a>) reported quarterly earnings of $0.87 per share. This is a 19.44 percent decrease over earnings of $1.08 per share from the same period last year. The company reported quarterly sales of $12.800 billion which missed the analyst consensus estimate of $14.164 billion by 9.63 percent. This is a 7.25 percent decrease over sales of $13.800 billion the same period last year.

Earnings

Earnings Misses

Cenovus Energy Q4 2024 Adj. EPS $0.87 Down From $1.08 YoY, Sales $12.800B Miss $14.164B Estimate

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Earnings Scheduled For February 20, 2025

Shares of several oil companies are trading higher following a drone attack on a Russian pipeline which could reduce supply.

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Shares of energy stocks are trading higher amid reports that President Donald Trump is preparing to issue a memorandum directing the U.S. Treasury to impose maximum economic pressure on Iran.

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Shares of oil-related companies are trading higher amid new U.S. sanctions towards Russia's energy supply chain.

RBC Capital analyst Greg Pardy reiterates Cenovus Energy (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CVE#NYSE">CVE</a>) with a Outperform and maintains $28 price target.

Reiteration

RBC Capital Reiterates Outperform on Cenovus Energy, Maintains $28 Price Target

JP Morgan analyst John M Royall highlighted key trends for the North American Integrated Oils sector entering 2025, with updates on forecasts, price targets, and ratings on major companies.
Rating/Price Target Update:
<ul>
<li>The analyst maintained an Overweight rating and a price target of $125 on Exxon Mobil Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XOM#NYSE">XOM</a>), citing its defensive characteristics in downside scenarios and portfolio of high-value projects in both <a href="https://www.benzinga.com/quote/xom/analyst-ratings" target="_blank" rel="noreferrer noopener">upstream and downstream operations</a>.</li>
<li>JP Morgan remains &#8216;Not Rated&#8217; on Chevron Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CVX#NYSE">CVX</a>) due to its involvement in the HES acquisition.</li>
<li>Also, Royall reiterated the Overweight rating on Cenovus Energy Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CVE#NYSE">CVE</a>), viewing it as a unique execution story with the most <a href="https://www.benzinga.com/quote/cve/analyst-ratings" target="_blank" rel="noreferrer noopener">attractive valuation in the coverage group</a>.</li>
<li>The analyst downgraded the rating for Imperial Oil Limited (AMEX:<a class="ticker" href="https://www.benzinga.com/stock/IMO#AMEX">IMO</a>) to Underweight from Neutral, citing its low free cash flow yield and free cash flow to <a href="https://www.benzinga.com/quote/imo/analyst-ratings" target="_blank" rel="noreferrer noopener">enterprise value ratios for 2025-2026</a>.</li>
<li>Apart from this, the analyst maintained Neutral rating on Canadian Natural Resources Limited (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CNQ#NYSE">CNQ</a>) and Suncor Energy Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SU#NYSE">SU</a>).</li>
</ul>
Sector View: Brent crude is expected to average ~$70/bbl in 2025, down from ~$80/bbl+ in 2024 YTD, driven by global supply growth outpacing demand, adds the analyst.
Royall says downstream performance is likely to remain below mid-cycle, with refined product supply and demand growing in tandem.
The analyst upholds an $80/bbl long-term crude price deck and mid-cycle crack spreads for 2026+, while forecasting ~$70/bbl Brent with flat spreads in 2025.
The analyst writes that defensive positioning should dominate in 2026, favoring U.S. companies with stronger free cash flow, balance sheets, and capital returns compared to Canadian peers.
With crude price scenarios ranging +/-$10/bbl around the base case, the downside case of $70/bbl Brent aligns with current strip prices, underscoring downside risks beyond 2026. Consequently, Royall prioritizes defensive names and companies with unique re-rating opportunities for 2025.
Macro Forecasts Update: The analyst updated the macro forecasts and models since the post-earnings review. The fourth-quarter Brent price deck remains at $75/bbl, in line with quarter-to-date levels and the strip, while the 2025 price deck stays at $70/bbl, consistent with J.P. Morgan&#8217;s outlook.
Royall says that higher Western Canadian Select prices and improved downstream cracks have driven a 9% increase in his fourth-quarter EPS estimates.
For 2025, EPS estimates are raised by 8%, also supported by stronger WCS prices. Despite these adjustments, the projections are 3% below Street estimates for fourth quarter and 27% lower for 2025, reflecting the conservative crude price assumptions and refining outlook, adds the analyst.
Read Next:
<ul>
<li><a href="https://www.benzinga.com/news/global/24/12/42300450/trump-told-trudeau-canada-could-avoid-tariffs-by-becoming-51st-state-a-look-at-sectors-trade-war-could-impact" target="_blank" rel="noreferrer noopener">Trump Told Trudeau Canada Could Dodge Tariffs As 51st State: Which Sectors Could Be Hit</a></li>
</ul>
Photo via Shutterstock.

Analyst Color

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Upgrades

Downgrades

Trading Ideas

Defensive Oil Stocks To Watch In 2025 Amid $70 Brent Forecast: JP Morgan

Guidance

Cenovus Energy Announces Its 2025 Corporate Guidance; Oil Sands Production Guidance Is 615,000 bbls/d To 635,000 bbls/d

Buybacks

Cenovus Energy Approves Renewal Of Normal Course Issuer Bid To Purchase Up To 127.49M Common Shares During 12-month Period Commencing November 11, 2024 And Ending November 10, 2025.

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Shares of oil and gas companies are trading higher After Donald Trump wins the 2024 presidential election.

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Shares of oil and gas companies are trading higher following reports suggesting OPEC+ will delay output increases.

BMO Capital analyst Randy Ollenberger maintains Cenovus Energy (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CVE#NYSE">CVE</a>) with a Outperform and lowers the price target from $31 to $28.

BMO Capital Maintains Outperform on Cenovus Energy, Lowers Price Target to $28

RBC Capital analyst Greg Pardy maintains Cenovus Energy (TSX:<a class="ticker" href="https://www.benzinga.com/stock/CVE#TSX">CVE</a>) with a Outperform and lowers the price target from C$29 to C$28.

TSX:CVE

RBC Capital Maintains Outperform on Cenovus Energy, Lowers Price Target to C$28

Cenovus Energy shares are trading lower after the company reported worse-than-expected Q3 EPS results.

Cenovus Energy (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CVE#NYSE">CVE</a>) reported quarterly earnings of $0.42 per share which missed the analyst consensus estimate of $0.49 by 14.29 percent. This is a 56.7 percent decrease over earnings of $0.97 per share from the same period last year. The company reported quarterly sales of $14.200 billion which beat the analyst consensus estimate of $13.592 billion by 4.47 percent. This is a 30.68 percent increase over sales of $10.866 billion the same period last year.

Earnings Beats

Cenovus Energy Q3 2024 GAAP EPS C$0.42 Misses C$0.49 Estimate, Sales C$14.200B Beat C$13.592B Estimate

Cenovus Energy (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CVE#NYSE">CVE</a>) is set to give its latest quarterly earnings report on Thursday, 2024-10-31. Here's what investors need to know before the announcement.
Analysts estimate that Cenovus Energy will report an earnings per share (EPS) of $0.54. 
Investors in Cenovus Energy are eagerly awaiting the company's announcement, hoping for news of surpassing estimates and positive guidance for the next quarter.
It's worth noting for new investors that stock prices can be heavily influenced by future projections rather than just past performance.
<h3>Earnings Track Record</h3>
The company's EPS missed by $0.13 in the last quarter, leading to a 5.15% drop in the share price on the following day.
Here's a look at Cenovus Energy's past performance and the resulting price change:

<table>
<thead>
<tr>
<th>Quarter</th>
<th>Q2 2024</th>
<th>Q1 2024</th>
<th>Q4 2023</th>
<th>Q3 2023</th>
</tr>
</thead>
<tbody>
<tr>
<td>EPS Estimate</td>
<td>0.52</td>
<td>0.39</td>
<td>0.25</td>
<td>0.71</td>
</tr>
<tr>
<td>EPS Actual</td>
<td>0.39</td>
<td>0.46</td>
<td>0.29</td>
<td>0.72</td>
</tr>
<tr>
<td>Price Change %</td>
<td>-5.0%</td>
<td>1.0%</td>
<td>-0.0%</td>
<td>-2.0%</td>
</tr>
</tbody>
</table>

<img src="https://www.benzinga.com/files/images/story/2024/1730300485_0.png" alt="eps graph" />
<a href="https://www.benzinga.com/quote/CVE/earnings">To track all earnings releases for Cenovus Energy visit their earnings calendar on our site.</a>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Insights into Cenovus Energy's Upcoming Earnings

Press Releases

Cenovus to hold second-quarter conference call and webcast on August 1

Cenovus announces second quarter 2024 results

Star Royalties Reports Q2 2024 Financial Results

Cenovus to hold third-quarter conference call and webcast on October 31

Cenovus announces third quarter 2024 results

Cenovus Energy announces renewal of share buyback program

Cenovus Energy announces redemption of Series 3 Preferred Shares

Cenovus announces 2025 capital budget and corporate guidance

Cenovus to hold fourth-quarter and full-year conference call and webcast on February 20

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Cenovus Energy (NYSE:CVE) 주식, 공매도 수량 보고

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