3.01% percent quarterly performance for Cenovus Energy Inc (CVE) is not indicative of the underlying story

Steve Mayer

On Tuesday, Cenovus Energy Inc (NYSE: CVE) opened lower -2.41% from the last session, before settling in for the closing price of $17.87. Price fluctuations for CVE have ranged from $10.23 to $18.75 over the past 52 weeks.

Over the past five-year period, the drop rate of yearbook sales for the company of the Energy sector was -1.85%. Company’s average yearly earnings per share was noted 17.21% at the time writing. With a float of $1.33 billion, this company’s outstanding shares have now reached $1.76 billion.

Cenovus Energy Inc (CVE) Insider Activity

A key investor’s attitude towards the stock of the Oil & Gas Integrated industry is another important factor to consider. The insider ownership of Cenovus Energy Inc is 30.19%, while institutional ownership is 52.59%. The most recent insider transaction that took place on Aug 06 ’25, was worth 9,922,988. Before that another transaction happened on Jun 17 ’25, when Company’s Affiliate proposed sale 684,838 for $14.80, making the entire transaction worth $10,136,493.

Cenovus Energy Inc (CVE) Earnings and Forecasts

If we go through the results of last quarter, which was made public on 12/31/2024, the company posted 0.19 earnings per share (EPS) for the quarter, besting the agreed prediction (set at 0.19) by -0.01. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.24 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around 17.21% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 13.25% during the next five years compared to -1.85% drop over the previous five years of trading.

Cenovus Energy Inc (NYSE: CVE) Trading Performance Indicators

Check out the current performance indicators for Cenovus Energy Inc (CVE). In the past quarter, the stock posted a quick ratio of 1.18. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.92. Likewise, its price to free cash flow for the trailing twelve months is 16.72.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 1.23, a number that is poised to hit 0.27 in the next quarter and is forecasted to reach 1.25 in one year’s time.

Technical Analysis of Cenovus Energy Inc (CVE)

Compared to the last year’s volume of 13.5 million, its volume of 11.54 million showed lagged in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 25.74%.

During the past 100 days, Cenovus Energy Inc’s (CVE) raw stochastic average was set at 73.09%, which indicates a significant increase from 39.16% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 0.53 in the past 14 days, which was higher than the 0.46 volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $17.36, while its 200-day Moving Average is $14.86. Nevertheless, the first resistance level for the watch stands at $17.77 in the near term. At $18.11, the stock is likely to face the second major resistance level. The third major resistance level sits at $18.45. If the price goes on to break the first support level at $17.09, it is likely to go to the next support level at $16.75. Should the price break the second support level, the third support level stands at $16.41.

Cenovus Energy Inc (NYSE: CVE) Key Stats

There are currently 1,890,332K shares outstanding in the company with a market cap of 33.31 billion. Presently, the company’s annual sales total 39,611 M according to its annual income of 2,293 M. Last quarter, the company’s sales amounted to 9,578 M and its income totaled 933,510 K.

News Daemon
Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.