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Cenovus Energy Inc., together with its subsidiaries, develops, produces, refines, transports, and markets crude oil and natural gas in Canada and internationally. The company operates through Oil Sands, Conventional, Offshore, Canadian Manufacturing, and U.S. Manufacturing segments. The Oil Sands segment develops and produces bitumen and heavy oil in northern Alberta and Saskatchewan. This segment assets include Foster Creek, Christina Lake, and Sunrise projects, as well as Lloydminster thermal and conventional heavy oil assets. The Conventional segment holds natural gas liquids and natural gas assets primarily located in Elmworth-Wapiti, Kaybob-Edson, Clearwater, and Rainbow Lake operating in Alberta and British Columbia, as well as interests in various natural gas processing facilities. The offshore segment engages in offshore operation, exploration, and development activities in China and the East Coast of Canada. The Canadian Manufacturing segment comprises the owned and operated 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 owns and operates the Bruderheim crude-by-rail terminal and ethanol plants; and markets its production of its own and third-party products. The U.S. Manufacturing segment includes the refining of 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.
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| Breakdown | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
| Income before tax | 8731.00M | 1315.00M | -3230.00M | 1397.00M | -3926.00M |
| Net income | 6450.00M | 587.00M | -2379.00M | 2194.00M | -2669.00M |
| Selling general administrative | 865.00M | 849.00M | 274.00M | 336.00M | 391.00M |
| Gross profit | 16887.00M | 9107.00M | 200.00M | 4321.00M | 4027.00M |
| Reconciled depreciation | 4364.00M | 5886.00M | 3464.00M | 2249.00M | 2131.00M |
| Ebit | 8906.00M | 4272.00M | -2583.00M | 1605.00M | -1668.00M |
| Ebitda | 13907.00M | 8249.00M | 770.00M | 4193.00M | -1217.00M |
| Operating income | 10352.00M | 3524.00M | -2113.00M | 1799.00M | -1326.00M |
| Other operating expenses | 1812.00M | 1194.00M | 365.00M | 214.00M | 367.00M |
| Interest expense | 812.00M | 1048.00M | 511.00M | 547.00M | 595.00M |
| Tax provision | 2281.00M | 728.00M | -851.00M | -797.00M | -1010.00M |
| Interest income | 110.00M | 23.00M | 9.00M | 12.00M | 19.00M |
| Net interest income | -739.00M | -1059.00M | -556.00M | -499.00M | -608.00M |
| Income tax expense | 2281.00M | 728.00M | -851.00M | -797.00M | -1010.00M |
| Total revenue | 71765.00M | 48811.00M | 13591.00M | 21353.00M | 21389.00M |
| Total operating expenses | 61413.00M | 45287.00M | 15704.00M | 19554.00M | 22715.00M |
| Cost of revenue | 54878.00M | 39704.00M | 13391.00M | 17032.00M | 17362.00M |
| Total other income expense net | -882.00M | -1150.00M | -561.00M | 97.00M | -1992.00M |
| Discontinued operations | - | - | - | - | 247.00M |
| Net income from continuing ops | 6450.00M | 587.00M | -2379.00M | 2194.00M | -2916.00M |
| Net income applicable to common shares | 6415.00M | 553.00M | -2379.00M | 2194.00M | -2669.00M |
| Breakdown | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
| Total assets | 55869.00M | 54104.00M | 32770.00M | 35713.00M | 35174.00M |
| Intangible assets | 19.00M | 78.00M | 89.00M | 101.00M | - |
| Other current assets | - | 1675.00M | 175.00M | 16.00M | 156.00M |
| Total liab | 28280.00M | 30496.00M | 16063.00M | 16512.00M | 17706.00M |
| Total stockholder equity | 27576.00M | 23596.00M | 16707.00M | 19201.00M | 17468.00M |
| Other current liab | 1613.00M | 1233.00M | 327.00M | 177.00M | 360.00M |
| Common stock | 16320.00M | 17016.00M | 11040.00M | 11040.00M | 11040.00M |
| Capital stock | 16839.00M | 17535.00M | 11040.00M | 11040.00M | 11040.00M |
| Retained earnings | 6392.00M | 878.00M | 501.00M | 2957.00M | 1023.00M |
| Other liab | 9040.00M | 8121.00M | 4690.00M | 5572.00M | 6624.00M |
| Good will | 2923.00M | 3473.00M | 2272.00M | 2272.00M | 2272.00M |
| Other assets | 1048.00M | 1169.00M | 99.00M | 58.00M | 224.00M |
| Cash | 4524.00M | 2873.00M | 378.00M | 186.00M | 781.00M |
| Total current liabilities | 8021.00M | 7305.00M | 2359.00M | 2521.00M | 2600.00M |
| Net debt | 4282.00M | 9591.00M | 7184.00M | 6513.00M | 8383.00M |
| Short long term debt | 115.00M | 79.00M | 121.00M | - | 682.00M |
| Other stockholder equity | 1654.00M | 899.00M | 775.00M | 827.00M | 1038.00M |
| Property plant equipment | 39029.00M | 36955.00M | 27173.00M | 29946.00M | 29483.00M |
| Total current assets | 12430.00M | 11988.00M | 2976.00M | 3284.00M | 3195.00M |
| Long term investments | 420.00M | 441.00M | 149.00M | 52.00M | 38.00M |
| Net tangible assets | 24115.00M | 19526.00M | 14346.00M | 16828.00M | 15196.00M |
| Net receivables | 3192.00M | 3035.00M | 1213.00M | 1496.00M | 1238.00M |
| Long term debt | 8691.00M | 12385.00M | 7441.00M | 6699.00M | 8482.00M |
| Inventory | 4312.00M | 3919.00M | 1089.00M | 1532.00M | 1013.00M |
| Accounts payable | 2331.00M | 2554.00M | 608.00M | 954.00M | 767.00M |
| Non currrent assets other | 295.00M | 272.00M | 12.00M | 211.00M | 64.00M |
| Non current assets total | 43439.00M | 42116.00M | 29794.00M | 32429.00M | 31979.00M |
| Capital lease obligations | 2836.00M | 2957.00M | 1757.00M | 1916.00M | - |
| Breakdown | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
| Investments | -211.00M | 17.00M | -4.00M | -133.00M | 9.00M |
| Change to liabilities | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M |
| Total cashflows from investing activities | -2314.00M | -942.00M | -863.00M | -1432.00M | -613.00M |
| Net borrowings | -4417.00M | -2040.00M | 914.00M | -2153.00M | -1164.00M |
| Total cash from financing activities | -7676.00M | -2507.00M | 837.00M | -2413.00M | -1410.00M |
| Change to operating activities | 575.00M | -1227.00M | 198.00M | -333.00M | 433.00M |
| Net income | 6450.00M | 587.00M | -2379.00M | 2194.00M | -2669.00M |
| Change in cash | 1651.00M | 2495.00M | 192.00M | -595.00M | 171.00M |
| Begin period cash flow | 2873.00M | 378.00M | 186.00M | 781.00M | 610.00M |
| End period cash flow | 4524.00M | 2873.00M | 378.00M | 186.00M | 781.00M |
| Total cash from operating activities | 11403.00M | 5919.00M | 273.00M | 3285.00M | 2154.00M |
| Issuance of capital stock | - | - | - | 0.00M | 0.00M |
| Depreciation | 4489.00M | 4143.00M | 3071.00M | 2389.00M | 4317.00M |
| Other cashflows from investing activities | 488.00M | 434.00M | -38.00M | -117.00M | 217.00M |
| Dividends paid | 927.00M | 210.00M | 77.00M | 260.00M | 245.00M |
| Sale purchase of stock | -2530.00M | -265.00M | - | - | - |
| Other cashflows from financing activities | -2.00M | -2.00M | -2.00M | -2.00M | -1.00M |
| Change to netincome | -111.00M | 2416.00M | -617.00M | -965.00M | 73.00M |
| Capital expenditures | 3708.00M | 2563.00M | 859.00M | 1183.00M | 1377.00M |
| Change in working capital | 575.00M | -1227.00M | 126.00M | -439.00M | 480.00M |
| Other non cash items | -1109.00M | 524.00M | 106.00M | 389.00M | 2288.00M |
| Free cash flow | 7645.00M | 3356.00M | -586.00M | 2102.00M | 777.00M |
Sector: Energy Industry: Oil & Gas Integrated
|
Stock Name
|
Change
(CAD) |
Price
(CAD) |
Trailing
PE (x) |
Forward
PE (x) |
Price Sales
TTM (x) |
Price to Book Value (x)
|
|---|---|---|---|---|---|---|
| TTES TotalEnergies CDR (CAD Hedged) |
- -% |
34.99 | 3.88 | 3.02 | 0.27 | 0.42 |
| SU Suncor Energy Inc |
-1.64 1.56% |
103.79 | 17.32 | 8.50 | 2.09 | 2.21 |
| IMO Imperial Oil Ltd |
-2.10 1.11% |
186.34 | 25.84 | 14.86 | 1.79 | 3.64 |
| CVE Cenovus Energy Inc |
-1.30 3.02% |
41.73 | 16.28 | 10.52 | 1.32 | 2.03 |
Cenovus Energy Inc., together with its subsidiaries, develops, produces, refines, transports, and markets crude oil and natural gas in Canada and internationally. The company operates through Oil Sands, Conventional, Offshore, Canadian Manufacturing, and U.S. Manufacturing segments. The Oil Sands segment develops and produces bitumen and heavy oil in northern Alberta and Saskatchewan. This segment assets include Foster Creek, Christina Lake, and Sunrise projects, as well as Lloydminster thermal and conventional heavy oil assets. The Conventional segment holds natural gas liquids and natural gas assets primarily located in Elmworth-Wapiti, Kaybob-Edson, Clearwater, and Rainbow Lake operating in Alberta and British Columbia, as well as interests in various natural gas processing facilities. The offshore segment engages in offshore operation, exploration, and development activities in China and the East Coast of Canada. The Canadian Manufacturing segment comprises the owned and operated 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 owns and operates the Bruderheim crude-by-rail terminal and ethanol plants; and markets its production of its own and third-party products. The U.S. Manufacturing segment includes the refining of 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.
| Name | Title | Year Born |
|---|---|---|
| Mr. Alexander J. Pourbaix | CEO, Pres & Director | 1966 |
| Mr. Jeffrey Ryan Hart | Exec. VP & CFO | NA |
| Mr. Jonathan M. McKenzie | Exec. VP & COO | 1968 |
| Mr. Joseph Drew Zieglgansberger | Exec. VP of Natural Gas & Technical Services | NA |
| Mr. Keith A. Chiasson | Exec. VP of Downstream | NA |
| Ms. Sherry A. Wendt | Director of Investor Relations | NA |
| Mr. Gary Frederick Molnar | Sr. VP of Legal, Gen. Counsel & Corp. Sec. | NA |
| Mr. Kam S. Sandhar CA | Exec. VP of Strategy & Corp. Devel. | NA |
| Ms. Susan Anderson | Sr. Vice-Pres of People Services | NA |
| Mr. Alan Craig Reid | Advisor | NA |
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