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Upturn AI SWOT - About
CVE 
Cenovus Energy Inc (CVE)
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Upturn Advisory Summary
08/08/2025: CVE (2-star) has a low Upturn Star Rating. Not recommended to BUY.
Upturn Star Rating
Below Average Performance
These Stocks/ETFs, based on Upturn Advisory, often underperform the market, warranting careful consideration before investing.
Number of Analysts
19 Analysts rated it
Moderately tracked stock, growing coverage, gaining market and investor attention.
1 Year Target Price $14.86
1 Year Target Price $14.86
| 8 | Strong Buy |
| 9 | Buy |
| 1 | Hold |
| 1 | Sell |
| 0 | Strong Sell |
Analysis of Past Performance
Type Stock | Historic Profit 20.1% | Avg. Invested days 54 | Today’s Advisory Consider higher Upturn Star rating |
Upturn Star Rating | Upturn Advisory Performance  4.0 | Stock Returns Performance  3.0 |
| Profits based on simulation | Last Close 08/08/2025 |
Key Highlights
Company Size Large-Cap Stock | Market Capitalization 26.76B USD | Price to earnings Ratio 14.03 | 1Y Target Price 14.86 |
Price to earnings Ratio 14.03 | 1Y Target Price 14.86 | ||
Volume (30-day avg) 19 | Beta 1.32 | 52 Weeks Range 10.13 - 19.32 | Updated Date 08/9/2025 |
52 Weeks Range 10.13 - 19.32 | Updated Date 08/9/2025 | ||
Dividends yield (FY) 5.03% | Basic EPS (TTM) 1.06 |
Analyzing Revenue: Products, Geography and Growth
Revenue by Products
Product revenue - Year on Year
Revenue by Geography
Geography revenue - Year on Year
Earnings Date
Report Date 2025-07-30 | When Before Market | Estimate 0.1699 | Actual 0.2457 |
Profitability
Profit Margin 5.12% | Operating Margin (TTM) 5.88% |
Management Effectiveness
Return on Assets (TTM) 4.14% | Return on Equity (TTM) 9% |
Valuation
Trailing PE 14.03 | Forward PE 16.03 | Enterprise Value 32659623624 | Price to Sales(TTM) 0.51 |
Enterprise Value 32659623624 | Price to Sales(TTM) 0.51 | ||
Enterprise Value to Revenue 0.81 | Enterprise Value to EBITDA 5.02 | Shares Outstanding 1799750016 | Shares Floating 1255506298 |
Shares Outstanding 1799750016 | Shares Floating 1255506298 | ||
Percent Insiders 30.73 | Percent Institutions 51.16 |
Upturn AI SWOT
Cenovus Energy Inc
Company Overview
History and Background
Cenovus Energy Inc. was formed in 2009 as a spin-off from Encana Corporation (now Ovintiv). It is headquartered in Calgary, Alberta, Canada. Cenovus focused on oil sands development and conventional oil and gas production. A major milestone was the acquisition of Husky Energy in 2021, diversifying its operations.
Core Business Areas
- Oil Sands: Extraction and upgrading of bitumen from oil sands deposits. Cenovus's oil sands assets are a major contributor to its production.
- Conventional Oil: Production of conventional crude oil and natural gas from various fields across North America.
- Refining and Marketing: Refining crude oil into gasoline, diesel, and other products, and marketing these products through various channels. Acquired through the Husky merger.
- Offshore: Exploration and production from offshore assets, primarily in the Atlantic region (acquired from Husky).
Leadership and Structure
Cenovus Energy Inc. is led by CEO Jon McKenzie. The company has a typical corporate structure with a board of directors and executive management team overseeing various departments like operations, finance, and strategy.
Top Products and Market Share
Key Offerings
- Bitumen: Raw bitumen extracted from oil sands. Cenovus is a major producer and seller of bitumen. Market share is difficult to specify due to integration downstream, but Cenovus is a top producer in the Canadian oil sands. Competitors include Suncor, Canadian Natural Resources, and Imperial Oil.
- Upgraded Crude Oil: Bitumen that has been upgraded into synthetic crude oil, which is easier to refine. Cenovus upgrades a portion of its bitumen production. Market share data is hard to quantify but they are a major Canadian producer. Competitors: Suncor, Canadian Natural Resources.
- Refined Petroleum Products: Gasoline, diesel, jet fuel, and other refined products. These are produced at Cenovus' refineries. Market share is regionally focused. Competitors include Valero, Marathon Petroleum, and Phillips 66.
Market Dynamics
Industry Overview
The energy industry is highly cyclical and influenced by global supply and demand dynamics. Oil prices are subject to volatility based on geopolitical events, economic conditions, and technological advancements. Environmental regulations and carbon pricing also play a significant role.
Positioning
Cenovus is a large integrated oil and gas company with a strong focus on oil sands. Its competitive advantages include its large reserve base, integrated operations, and technological expertise in oil sands extraction and upgrading. The company also has refining capacity.
Total Addressable Market (TAM)
The global oil and gas market is estimated to be in the trillions of dollars. Cenovus is positioned to capture a share of this market through its oil sands production, conventional oil and gas operations, and refining and marketing businesses.
Upturn SWOT Analysis
Strengths
- Large oil sands reserve base
- Integrated operations (upstream, midstream, downstream)
- Technological expertise in oil sands extraction
- Strong financial position (improving post-Husky acquisition)
- Significant refining capacity
Weaknesses
- High carbon intensity of oil sands production
- Exposure to volatile oil prices
- Higher operating costs compared to conventional oil production
- Geographic concentration in Western Canada
Opportunities
- Increasing global demand for oil
- Technological advancements in carbon capture and storage
- Potential for further integration and cost optimization
- Expansion into new markets
- Government support for energy transition initiatives
Threats
- Fluctuations in oil prices
- Increasing environmental regulations and carbon taxes
- Competition from other oil and gas producers
- Geopolitical risks
- Shifting investor sentiment towards sustainable energy
Competitors and Market Share
Key Competitors
- SU
- CVE
- IMO
Competitive Landscape
Cenovus competes with other major oil and gas producers, particularly in the Canadian oil sands. Its competitive advantage lies in its large reserve base and integrated operations. Its disadvantages include its high carbon intensity and geographic concentration.
Major Acquisitions
Husky Energy
- Year: 2021
- Acquisition Price (USD millions): 23600
- Strategic Rationale: The acquisition of Husky Energy diversified Cenovus' operations, adding refining, marketing, and offshore assets, and creating significant cost synergies.
Growth Trajectory and Initiatives
Historical Growth: Cenovus' historical growth has been driven by its oil sands production and acquisitions. The Husky acquisition significantly increased its scale and diversification.
Future Projections: Analyst estimates for Cenovus' future growth will depend on oil price forecasts, production growth, and cost optimization efforts. Integration with Husky will continue to be a focus.
Recent Initiatives: Recent initiatives include debt reduction, cost synergy capture related to Husky, and investment in emission reduction technologies.
Summary
Cenovus Energy is a large integrated oil and gas company with a strong position in the Canadian oil sands. The Husky acquisition transformed the company adding more refining and diversified assets. Challenges include managing debt, reducing emissions and dealing with oil price volatility. Cenovus is focused on optimizing operations and deleveraging its balance sheet and long-term value creation.
Peer Comparison
Sources and Disclaimers
Data Sources:
- Company website
- SEC filings
- Analyst reports
- Industry publications
Disclaimers:
This analysis is for informational purposes only and should not be considered financial advice. Investment decisions should be based on thorough research and consultation with a qualified financial advisor. Market share percentages are estimates and may not reflect precise figures.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About Cenovus Energy Inc
Exchange NYSE | Headquaters Calgary, AB, Canada | ||
IPO Launch date 2009-11-17 | President, CEO & Non-Independent Director Mr. Jonathan M. McKenzie CA | ||
Sector Energy | Industry Oil & Gas Integrated | Full time employees 7150 | Website https://www.cenovus.com |
Full time employees 7150 | Website https://www.cenovus.com | ||
Cenovus Energy Inc., together with its subsidiaries, develops, produces, refines, transports, and markets crude oil, natural gas, and refined petroleum products in Canada, the United States, and China. It operates through Oil Sands, Conventional, Offshore, Canadian Refining, and U.S. Refining segments. The company develops and produces bitumen and heavy oil in northern Alberta and Saskatchewan. Its oil sand assets include Foster Creek, Christina Lake, and Sunrise projects, as well as Lloydminster thermal and conventional heavy oil assets. It also holds natural gas liquids and natural gas assets located in Alberta, British Columbia, and Northern Corridor, as well as interests in various natural gas processing facilities. In addition, the company is involved in offshore operation, exploration, and development activities; owns and operates Lloydminster upgrading and asphalt refining complex, which converts heavy oil and bitumen into synthetic crude oil, diesel, asphalt, and other ancillary products, as well as Bruderheim crude-by-rail terminal and ethanol plants; and refines crude oil to produce gasoline, diesel, jet fuel, asphalt, and other products. Cenovus Energy Inc. was founded in 2009 and is headquartered in Calgary, Canada.
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