Cenovus Energy Inc. - Understand $cve stock

$CVE Market Cap: $42.45 Billion

Research Board Inbox Deep Research Not Interested Shortlisted

Financial Snapshot

Revenue

$55.99B

TTM

Gross Margin

43.04%

TTM

Net Earnings

$4.747B

TTM

Current Assets

$11.65B

Q2 2024

Current Liabilities

$7.029B

Q2 2024

Current Ratio

165.7%

Q2 2024

Total Assets

$56.00B

Q2 2024

Total Liabilities

$25.99B

Q2 2024

Book Value

$30.01B

Q2 2024

Cash

$3.154B

Q2 2024

P/E

8.942

Nov 29, 2024 EST

Free Cash Flow

$6.030B

TTM

Revenues

Revenue YoY Change

Revenues

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006
Revenue	$52.20B	$66.90B	$46.36B	$13.23B	$20.18B	$20.84B	$17.04B	$11.01B	$11.53B	$19.64B	$18.66B	$16.84B	$15.70B	$12.64B	$11.57B	$17.67B	$14.39B	$8.503B
YoY Change	-21.96%	44.31%	250.47%	-34.46%	-3.18%	22.3%	54.85%	-4.54%	-41.3%	5.28%	10.78%	7.3%	24.17%	9.3%	-34.55%	22.83%	69.2%

Expenses

Cost Of Revenues

Gross Profit

Gross Profit Margin

Gross Profit

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006
Revenue	$52.20B	$66.90B	$46.36B	$13.23B	$20.18B	$20.84B	$17.04B	$11.01B	$11.53B	$19.64B	$18.66B	$16.84B	$15.70B	$12.64B	$11.57B	$17.67B	$14.39B	$8.503B
Cost Of Revenue	$24.72B	$33.80B	$23.48B	$5.119B	$8.428B	$8.745B	$8.034B	$6.978B	$7.375B	$11.00B	$10.43B	$9.260B	$9.126B	$7.585B	$6.031B	$10.44B	$8.091B	$2.333B
Gross Profit	$27.49B	$33.10B	$22.88B	$8.108B	$11.75B	$12.10B	$9.009B	$4.028B	$4.154B	$8.641B	$8.223B	$7.582B	$6.570B	$5.056B	$5.534B	$7.229B	$6.296B	$6.170B
Gross Profit Margin	52.66%	49.47%	49.35%	61.3%	58.24%	58.05%	52.86%	36.6%	36.03%	43.99%	44.07%	45.02%	41.86%	40.0%	47.85%	40.91%	43.76%	72.56%

Selling, General & Admin Expense

Research & Development

Depreciation, Depletion & Amortization

SGA Expense to Gross Profit Ratio

R&D To Gross Profit Ratio

DDA To Gross Profit Ratio

Operating Expenses Total

Operating Profits/Loss

Operational Expenses

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006
Selling, General & Admin	$10.83B	$12.40B	$8.732B	$4.736B	$5.514B	$6.270B	$4.037B	$2.022B	$2.106B	$2.835B	$2.423B	$2.148B	$1.664B	$1.311B	$981.0M	$1.206B	$967.0M	$1.126B
YoY Change	-12.63%	41.95%	84.38%	-14.11%	-12.06%	55.31%	99.65%	-3.99%	-25.71%	17.0%	12.8%	29.09%	26.93%	33.64%	-18.66%	24.72%	-14.12%
% of Gross Profit	39.39%	37.45%	38.17%	58.41%	46.92%	51.82%	44.81%	50.2%	50.7%	32.81%	29.47%	28.33%	25.33%	25.93%	17.73%	16.68%	15.36%	18.25%
Research & Development	$42.00M	$101.0M	$18.00M	$91.00M	$102.0M	$2.148B	$924.0M	$38.00M	$94.00M	$101.0M	$138.0M	$83.00M	$0.00	$3.000M
YoY Change	-58.42%	461.11%	-80.22%	-10.78%	-95.25%	132.47%	2331.58%	-59.57%	-6.93%	-26.81%	66.27%		-100.0%
% of Gross Profit	0.15%	0.31%	0.08%	1.12%	0.87%	17.75%	10.26%	0.94%	2.26%	1.17%	1.68%	1.09%	0.0%	0.06%
Depreciation & Amortization	$4.644B	$4.679B	$5.886B	$3.464B	$2.249B	$2.131B	$2.030B	$1.498B	$2.114B	$1.946B	$1.833B	$1.585B	$1.295B	$1.302B	$1.532B	$1.407B	$1.530B	$1.422B
YoY Change	-0.75%	-20.51%	69.92%	54.02%	5.54%	4.98%	35.51%	-29.14%	8.63%	6.16%	15.65%	22.39%	-0.54%	-15.0%	8.9%	-8.09%	7.62%
% of Gross Profit	16.89%	14.14%	25.73%	42.72%	19.14%	17.61%	22.53%	37.19%	50.89%	22.52%	22.29%	20.9%	19.71%	25.75%	27.68%	19.46%	24.31%	23.05%
Operating Expenses	$21.86B	$22.06B	$18.05B	$9.109B	$10.07B	$13.43B	$8.661B	$4.264B	$4.476B	$6.944B	$6.194B	$5.478B	$4.465B	$3.995B	$3.872B	$3.959B	$3.722B	$3.345B
YoY Change	-0.89%	22.18%	98.2%	-9.53%	-25.01%	55.02%	103.12%	-4.74%	-35.54%	12.11%	13.07%	22.69%	11.76%	3.18%	-2.2%	6.37%	11.27%
Operating Profit	$5.626B	$11.04B	$4.822B	-$1.001B	$1.685B	-$1.327B	$348.0M	-$236.0M	-$322.0M	$1.697B	$2.029B	$2.104B	$2.105B	$1.061B	$1.662B	$3.270B	$2.574B	$2.825B
YoY Change	-49.03%	128.89%	-581.72%	-159.41%	-226.98%	-481.32%	-247.46%	-26.71%	-118.97%	-16.36%	-3.56%	-0.05%	98.4%	-36.16%	-49.17%	27.04%	-8.88%

Interest Expenses

Interest Expenses To Operating Income %

Other Expense/Income

Interest & Other Expense/Income

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006
Interest Expense	-$263.0M	-$1.941B	-$1.590B	-$572.0M	-$166.0M	-$1.673B	$1.962B	-$492.0M	-$1.084B	-$23.00M	-$807.0M	$174.0M	-$5.000M	$127.0M	-$580.0M	$34.00M	-$609.0M	-$143.0M
YoY Change	-86.45%	22.08%	177.97%	244.58%	-90.08%	-185.27%	-498.78%	-54.61%	4613.04%	-97.15%	-563.79%	-3580.0%	-103.94%	-121.9%	-1805.88%	-105.58%	325.87%
% of Operating Profit	-4.67%	-17.59%	-32.97%		-9.85%		563.79%			-1.36%	-39.77%	8.27%	-0.24%	11.97%	-34.9%	1.04%	-23.66%	-5.06%
Other Income/Expense, Net	-$252.0M	-$213.0M	-$233.0M	-$82.00M	-$85.00M	-$94.00M	-$74.00M	-$49.00M	-$53.00M	-$138.0M	-$127.0M	-$107.0M
YoY Change	18.31%	-8.58%	184.15%	-3.53%	-9.57%	27.03%	51.02%	-7.55%	-61.59%	8.66%	18.69%

Income/Loss

Pretax Income

Income Tax

Net Profits/Loss

Pretax Income YoY Change

Income Tax Rate

Net Profits/Loss YoY Change

Basic EPS

Net Income To Revenue Ratio

Pretax & Net Income

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006
Pretax Income	$5.040B	$8.731B	$1.315B	-$3.230B	$1.397B	-$3.926B	$2.216B	-$802.0M	$890.0M	$1.195B	$1.094B	$1.778B	$2.207B	$1.304B	$1.083B	$3.301B	$1.961B	$2.682B
YoY Change	-42.27%	563.95%	-140.71%	-331.21%	-135.58%	-277.17%	-376.31%	-190.11%	-25.52%	9.23%	-38.47%	-19.44%	69.25%	20.41%	-67.19%	68.33%	-26.88%
Income Tax	$931.0M	$2.281B	$728.0M	-$851.0M	-$797.0M	-$1.010B	-$52.00M	-$343.0M	-$24.00M	$451.0M	$432.0M	$783.0M	$729.0M	$223.0M	$344.0M	$774.0M	$454.0M	$616.0M
% Of Pretax Income	18.47%	26.13%	55.36%		-57.05%		-2.35%		-2.7%	37.74%	39.49%	44.04%	33.03%	17.1%	31.76%	23.45%	23.15%	22.97%
Net Earnings	$4.073B	$6.415B	$587.0M	-$2.379B	$2.194B	-$2.669B	$3.366B	-$545.0M	$618.0M	$744.0M	$662.0M	$995.0M	$1.478B	$1.081B	$739.0M	$2.527B	$1.507B	$2.066B
YoY Change	-36.51%	992.84%	-124.67%	-208.43%	-182.2%	-179.29%	-717.61%	-188.19%	-16.94%	12.39%	-33.47%	-32.68%	36.73%	46.28%	-70.76%	67.68%	-27.06%
Net Earnings / Revenue	7.8%	9.59%	1.27%	-17.99%	10.87%	-12.8%	19.75%	-4.95%	5.36%	3.79%	3.55%	5.91%	9.42%	8.55%	6.39%	14.3%	10.47%	24.3%
Basic Earnings Per Share
Diluted Earnings Per Share	$2.12	$3.20	$287.0K	-$1.936M	$1.785M	-$2.172M	$3.052M	-$654.3K	$754.6K	$981.5K	$873.4K	$1.311M	$1.950M	$1.434M	$984.0K	$3.360M	$1.970M

Assets & Liabilities

Cash & Short-Term Investments

Cash & Equivalents

Cash To Operating Expenses Ratio

Inventory

Receivables

Total Short-Term Assets

Property, Plant And Equipment

Long-Term Investments

Total Long-Term Assets

Total Assets

Net Income To Total Assets Percentage

Accounts Payable

Short-Term Debt

Long Term Debt Due

Total Short-Term Liabilities

Long-Term Debt

Other Long-Term Liabilities

Total Long-Term Liabilities

Total Liabilities

Short-Term To Long-Term Debt Ratio

Short-Term Assets To Debt Ratio

Long-Term Debt To Net Income Ratio

Assets & Liabilities

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007
Cash & Short-Term Investments	$2.227B	$4.524B	$2.873B	$378.0M	$186.0M	$781.0M	$610.0M	$3.720B	$4.105B	$883.0M	$2.452B	$1.160B	$495.0M	$300.0M	$156.0M	$186.0M	$301.0M
YoY Change	-50.77%	57.47%	660.05%	103.23%	-76.18%	28.03%	-83.6%	-9.38%	364.89%	-63.99%	111.38%	134.34%	65.0%	92.31%	-16.13%	-38.21%
Cash & Equivalents											$2.452B	$1.160B			$156.0M	$186.0M	$301.0M
Short-Term Investments	$118.0M	$1.329B	$507.0M	$10.00M	$78.00M	$626.0M	$63.00M	$3.178B	$3.782B	$425.0M			$263.0M	$140.0M
Other Short-Term Assets	$242.0M	$402.0M	$1.790B	$121.0M	$59.00M	$208.0M	$1.175B	$148.0M	$372.0M	$478.0M	$10.00M	$283.0M	$382.0M	$252.0M	$61.00M	$828.0M	$88.00M
YoY Change	-39.8%	-77.54%	1379.34%	105.08%	-71.63%	-82.3%	693.92%	-60.22%	-22.18%	4680.0%	-96.47%	-25.92%	51.59%	313.11%	-92.63%	840.91%
Inventory	$4.030B	$4.312B	$3.919B	$1.089B	$1.532B	$1.013B	$1.389B	$1.237B	$810.0M	$1.224B	$1.259B	$1.288B	$1.291B	$880.0M	$879.0M	$612.0M	$816.0M
Prepaid Expenses
Receivables	$2.771B	$3.013B	$2.773B	$1.184B	$1.427B	$902.0M	$1.623B	$1.646B	$1.111B	$1.582B	$1.874B	$1.464B	$1.082B	$880.0M	$919.0M	$727.0M	$1.587B
Other Receivables	$438.0M	$179.0M	$633.0M	$204.0M	$80.00M	$291.0M	$211.0M	$71.00M	$75.00M	$28.00M	$15.00M	$384.0M	$661.0M	$532.0M	$387.0M	$381.0M	$296.0M
Total Short-Term Assets	$9.708B	$12.43B	$11.99B	$2.976B	$3.284B	$3.195B	$5.008B	$6.822B	$6.473B	$4.195B	$5.610B	$4.579B	$3.911B	$2.844B	$2.402B	$2.735B	$3.088B
YoY Change	-21.9%	3.69%	302.82%	-9.38%	2.79%	-36.2%	-26.59%	5.39%	54.3%	-25.22%	22.52%	17.08%	37.52%	18.4%	-12.18%	-11.43%
Property, Plant & Equipment	$39.67B	$39.03B	$36.96B	$27.17B	$29.95B	$29.48B	$33.27B	$18.01B	$18.91B	$20.19B	$18.81B	$17.44B	$15.20B	$13.34B	$15.29B	$14.91B	$13.27B
YoY Change	1.64%	5.61%	36.0%	-9.26%	1.57%	-11.38%	84.71%	-4.75%	-6.33%	7.34%	7.86%	14.69%	13.97%	-12.75%	2.52%	12.36%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments	$558.0M	$482.0M	$501.0M	$201.0M	$82.00M	$38.00M	$37.00M	$35.00M	$46.00M
YoY Change	15.77%	-3.79%	149.25%	145.12%	115.79%	2.7%	5.71%	-23.91%
Other Assets	$983.0M	$841.0M	$966.0M	$48.00M	$7.000M	$14.00M	$25.00M	$9.000M	$29.00M	$70.00M	$68.00M	$63.00M	$107.0M	$98.00M	$139.0M	$229.0M	$260.0M
YoY Change	16.88%	-12.94%	1912.5%	585.71%	-50.0%	-44.0%	177.78%	-68.97%	-58.57%	2.94%	7.94%	-41.12%	9.18%	-29.5%	-39.3%	-11.92%
Total Long-Term Assets	$44.21B	$43.44B	$42.12B	$29.79B	$32.43B	$31.98B	$35.93B	$18.44B	$19.32B	$20.50B	$19.61B	$19.64B	$18.28B	$17.00B	$19.22B	$19.73B	$17.82B
YoY Change	1.77%	3.14%	41.36%	-8.13%	1.41%	-10.98%	94.86%	-4.57%	-5.77%	4.52%	-0.12%	7.41%	7.57%	-11.55%	-2.61%	10.69%
Total Assets	$53.92B	$55.87B	$54.10B	$32.77B	$35.71B	$35.17B	$40.93B	$25.26B	$25.79B	$24.70B	$25.22B	$24.22B	$22.19B	$19.84B	$21.62B	$22.46B	$20.91B
YoY Change
Accounts Payable	$1.075B	$2.331B	$2.554B	$608.0M	$939.0M	$767.0M	$337.0M	$105.0M	$68.00M	$51.00M	$102.0M	$133.0M	$789.0M	$471.0M	$1.519B	$1.355B	$1.806B
YoY Change	-53.88%	-8.73%	320.07%	-35.25%	22.43%	127.6%	220.95%	54.41%	33.33%	-50.0%	-23.31%	-83.14%	67.52%	-68.99%	12.1%	-24.97%
Accrued Expenses	$4.303B	$3.693B	$3.283B	$1.352B	$1.225B	$1.028B	$2.238B	$2.041B	$1.521B	$2.427B	$2.748B	$2.418B	$1.474B	$1.193B
YoY Change	16.52%	12.49%	142.83%	10.37%	19.16%	-54.07%	9.65%	34.19%	-37.33%	-11.68%	13.65%	64.04%	23.55%
Deferred Revenue
YoY Change
Short-Term Debt	$179.0M	$115.0M	$79.00M	$121.0M	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
YoY Change	55.65%	45.57%	-34.71%
Long-Term Debt Due	$299.0M	$308.0M	$272.0M	$184.0M	$196.0M	$682.0M		$0.00		$0.00	$438.0M	$386.0M	$372.0M	$343.0M	$342.0M	$474.0M	$558.0M
YoY Change	-2.92%	13.24%	47.83%	-6.12%	-71.26%					-100.0%	13.47%	3.76%	8.45%	0.29%	-27.85%	-15.05%
Total Short-Term Liabilities	$6.210B	$8.021B	$7.305B	$2.359B	$2.521B	$2.600B	$4.436B	$2.671B	$1.858B	$2.957B	$3.779B	$3.270B	$3.388B	$2.510B	$1.931B	$2.187B	$3.114B
YoY Change	-22.58%	9.8%	209.67%	-6.43%	-3.04%	-41.39%	66.08%	43.76%	-37.17%	-21.75%	15.57%	-3.48%	34.98%	29.98%	-11.71%	-29.77%
Long-Term Debt	$9.467B	$11.22B	$15.07B	$9.014B	$8.419B	$8.482B	$9.513B	$6.332B	$6.525B	$5.458B	$6.084B	$6.105B	$5.380B	$5.882B	$6.337B	$7.067B	$6.557B
YoY Change	-15.62%	-25.55%	67.18%	7.07%	-0.74%	-10.84%	50.24%	-2.96%	19.55%	-10.29%	-0.34%	13.48%	-8.53%	-7.18%	-10.33%	7.78%
Other Long-Term Liabilities	$5.338B	$4.757B	$4.835B	$1.456B	$1.540B	$1.763B	$1.390B	$2.080B	$2.201B	$2.792B	$2.553B	$2.499B	$1.919B	$1.481B	$1.214B	$852.0M	$733.0M
YoY Change	12.21%	-1.61%	232.07%	-5.45%	-12.65%	26.83%	-33.17%	-5.5%	-21.17%	9.36%	2.16%	30.22%	29.57%	21.99%	42.49%	16.23%
Total Long-Term Liabilities	$14.81B	$15.98B	$19.91B	$10.47B	$9.959B	$10.25B	$10.90B	$8.412B	$8.726B	$8.250B	$8.637B	$8.604B	$7.299B	$7.363B	$7.551B	$7.919B	$7.290B
YoY Change	-7.33%	-19.74%	90.11%	5.13%	-2.79%	-6.04%	29.61%	-3.6%	5.77%	-4.48%	0.38%	17.88%	-0.87%	-2.49%	-4.65%	8.63%
Total Liabilities	$25.22B	$28.29B	$30.51B	$16.06B	$16.51B	$17.71B	$20.95B	$13.67B	$13.40B	$14.51B	$15.28B	$14.43B	$12.79B	$11.45B	$11.96B	$13.04B	$12.93B
YoY Change	-10.87%	-7.26%	89.93%	-2.72%	-6.74%	-15.49%	53.29%	2.0%	-7.64%	-5.03%	5.85%	12.87%	11.73%	-4.31%	-8.26%	0.81%

Ownership

Basic Shares Outstanding

Diluted Shares Outstanding

Preferred Stock

Treasury Stock Shares

Stock Issuance & Repurchase

Ownership Data

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006
Basic Shares Outstanding
Diluted Shares Outstanding
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

Book Value

Free Cash Flow

Free Cash Flow YoY

Free Cash Flow Margin

Dividends

Stock Price

Market Cap: $42.449 Billion

About CENOVUS ENERGY INC.

Cenovus Energy, Inc. is a Canadian-based integrated energy company, which engages in the provision of gas and oil. The company is headquartered in Calgary, Alberta and currently employs 6,925 full-time employees. The company went IPO on 2009-09-12. The firm has oil and natural gas production operations in Canada and the Asia Pacific region, and upgrading, refining and marketing operations in Canada and the United States. The firm's segments include Upstream, Downstream, and Corporate and Eliminations. Its Upstream segment includes Oil Sands, Conventional, and Offshore. Its Downstream segment consists of Canadian Manufacturing, and United States Manufacturing. The firm's upstream operations include oil sands projects in northern Alberta, thermal and conventional crude oil, natural gas and natural gas liquids (NGLs) projects across Western Canada, crude oil production offshore Newfoundland and Labrador and natural gas and NGLs production offshore China and Indonesia. The firm's downstream operations include upgrading and refining operations in Canada and the United States, and commercial fuel operations across Canada.

Industry: Crude Petroleum & Natural Gas Peers: