23 June, 2017
The I-G Investment Management Ltd holds 140,187 shares with $8.38 million value, down from 373,673 last quarter. It is down 0.00% since June 21, 2016 and is. About 6.19M shares traded or 30.59% up from the average. Cenovus Energy Inc now has $7.80 billion valuation. It has underperformed by 16.70% the S&P500. Cenovus Energy's dividend payout ratio is now -71.43%.
Several research firms have commented on CVE. Its down 29.99% from 13.77 million shares previously. Three analysts have provided estimates for Cenovus Energy's earnings. The SI to Cenovus Energy Incorporated's float is 1.16%. The stock exchanged hands 15.84 Million shares versus average trading capacity of 5.32 Million shares, yielding a market cap of $8.73 Billion.
The share price of the company (NYSE:CVE) was down -8.60%, with a high of 7.54 during the day and the volume of Cenovus Energy Inc shares traded was 15835126. Dow Chem Co (NYSE:DOW) was raised too. FMR LLC now owns 43,684,595 shares of the oil and gas company's stock worth $494,381,000 after buying an additional 10,833,896 shares during the period. Shareholders of record on Thursday, June 15th will be given a dividend of $0.0371 per share. Royal Savings Bank Of Canada, Ontario - Canada-based fund reported 11,252 shares. Sailingstone Capital Partners Llc owns 14.10 million shares or 6.61% of their United States portfolio. Utah Retirement Sys holds 17,620 shares. (NYSE:FOR) inclined 0.31% with the closing price of $16.40. Vr Advisory Services Ltd holds 4.93% or 225,000 shares in its portfolio. The stock rose 0.85% or $0.61 reaching $72.6. One Trading Limited Partnership, Illinois-based fund reported 50,411 shares. According to these analysts, the Low Revenue Estimate for Cenovus Energy Inc.is 2.67 Billion and the High Revenue Estimate is 3.7 Billion. The share last price represents downtick move of -59.16% in value from company's 52-Week high price and shows 0.15% above change in value from its 52-Week low price. However the company reported $-0.04 earnings per share for the same quarter during past year. Keep in mind that Investors should not rely only on an analyst's recommendation when taking a decision whether to buy, hold, or sell a stock. Therefore 50% are positive.
04/28/2016 - Cenovus Energy Inc had its "outperform" rating reiterated by analysts at National Bank Financial.
In a research report issued this morning, RBC Capital Markets kept their "Outperform" rating on Cenovus Energy (TSE:CVE) shares. Topeka Capital Markets has "Buy" rating and $55 target. The rating was downgraded by Zacks to "Hold" on Monday, August 31. BidaskClub raised Cenovus Energy from a "strong sell" rating to a "sell" rating in a report on Wednesday. The firm has "Market Perform" rating given on Wednesday, November 18 by BMO Capital Markets. As per Friday, December 9, the company rating was maintained by Scotia Capital.
Relative strength index (RSI-14) for Cenovus Energy Inc. The company had Year Ago Sales of 2.27 Billion. The Company is engaged in the business of developing, producing and marketing crude oil, natural gas liquids (NGL) and natural gas. A negative earnings surprise will usually result in a decline in share price.
Cenovus' aim to pay down debt to restore its once-pristine balance sheet now hinges on selling conventional oil and gas assets in a market with a shrinking pool of buyers as oil prices hit 10-month lows around $42 a barrel CLc1.
Cenovus Energy Inc. (CVE) is expected to post revenue of $4.57 Billion in the current quarter, according to consensus of 4 analysts. The firm earned "Neutral" rating on Tuesday, January 26 by UBS. Credit Suisse has "Outperform" rating and $20 target. Finally, Barclays PLC lowered their price objective on shares of Cenovus Energy from C$24.00 to C$22.00 in a research report on Tuesday, April 11th. Cenovus Energy Inc (TSE:CVE) has 0.00% since June 22, 2016 and is. Goldman Sachs downgraded the stock to "Sell" rating in Monday, January 23 report. As per Thursday, March 30, the company rating was upgraded by Macquarie Research. The stock of Cenovus Energy Inc (USA) (NYSE:CVE) has "Conviction Buy" rating given on Friday, March 11 by Goldman Sachs.
