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.
| Revenue | $57,726,000,000 |
| Net Income | $3,142,000,000 |
| Free Cash Flow | $4,220,000,000 |
| Book Value / Share | $16.11 |
| Total Liabilities | $26,770,000,000 |
| Total Equity | $29,754,000,000 |
| Debt / Equity | 0.36 |
| Current Ratio | 1.42 |
| Interest Coverage | 10.54 |
| Working Capital | $3,072,000,000 |
Core multiples and valuation signals — useful to compare vs peers.
| P/E (TTM) | 12.82 |
| Industry P/E | N/A |
| Forward P/E | 11.15 |
| P/B | 1.35 |
| Price / Sales | 0.74 |
| P / FCF | 9.54 |
| EV / EBITDA | 5.00 |
| Graham Number | $24.82 |
| DCF (placeholder) | — |
| Gross Margin | 10.37% |
| Operating Margin | 8.91% |
| Net Margin | 5.79% |
| ROIC | 7.48% |
| Asset Turnover | 0.96 |
| RSI (14) | 52.66 |
| SMA 50 | 16.55 |
| SMA 200 | 14.52 |
| MACD | 0.22 |
| Signal | NEUTRAL |
| Name | Title |
|---|---|
| Mr. Jonathan M. McKenzie CA | President, CEO & Non-Independent Director (1968) |
| Mr. Kam S. Sandhar CA | Executive VP & CFO (—) |
| Mr. P. Andrew Dahlin | Executive VP & COO (—) |
| Ms. Susan M. Anderson | Senior Vice-President of Legal, General Counsel & Corporate Secretary (—) |
| Mr. Jeffery G. Lawson LLB | Executive VP of Corporate Development & Chief Sustainability Officer (1969) |
| Ms. Candace Newman | Senior Vice-President, People Services (—) |
| Mr. Geoffrey T. Murray | Executive Vice-President of Commercial (—) |
| Logan Popko | Senior Vice-President of Corporate & Operations Services, (—) |
The broad market exchange-traded fund SPDR S&P 500 ETF Trust (SPY) and the actively traded Invesco Q
The revised bid values MEG at approximately C$29.80 ($21.35) per share, which Cenovus stated is its "best and final" offer.
Cenovus increases its bid for MEG Energy and reports record production in Q3.