Ratings Cenovus Energy Inc.

Equities

Market Closed - Toronto S.E. Other stock markets 01:45:05 07/09/2024 am IST			5-day change	1st Jan Change
22.87 ^CAD	-1.55%		-8.48%	+3.58%

05/09	TSX Closer: Weak Oil Prices and Rate-Cut Uncertainty Pushes the Market Below 23,000	MT
15/08	CENOVUS ENERGY ON IMPENDING CANADA RAIL STOPPAGE: WE ARE PUTTING…	RE

The equity is one of the most attractive in the market with regard to earnings multiple-based valuation.
With regards to fundamentals, the enterprise value to sales ratio is at 0.8 for the current period. Therefore, the company is undervalued.
Given the positive cash flows generated by its business, the company's valuation level is an asset.
Analysts have a positive opinion on this stock. Average consensus recommends overweighting or purchasing the stock.
The difference between current prices and the average target price is rather important and implies a significant appreciation potential for the stock.
The divergence of price targets given by the various analysts who make up the consensus is relatively low, suggesting a consensus method of evaluating the company and its prospects.

According to Standard & Poor's' forecast, revenue growth prospects are expected to be very low for the next fiscal years.
Revenue estimates are regularly revised downwards for the current and coming years.
For the last four months, EPS estimates made by Standard & Poor's analysts have been revised downwards.
The company's earnings releases usually do not meet expectations.

Source: Surperformance

Source: Refinitiv

	Add to a list Add to a list 0 selected To use this feature you must be a member Log in Sign up	Composite Fundamentals	Composite Valuation	Composite Momentum	Capi. ($)
	CENOVUS ENERGY INC.				31.32B
	ARAMCO				1,776B
	EXXON MOBIL CORPORATION				500B
	SHELL PLC				209B
	PETROCHINA COMPANY LIMITED				201B
	TOTALENERGIES SE				153B
	PETROBRAS				91.43B
	EQUINOR ASA				69.61B
	ENI S.P.A				49.29B
	Average				342.31B
	Weighted average by Cap.