Cenovus Energy Inc. (CVE)

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Cenovus Energy Inc. (CVE) is up 53.5% since the beginning of the year. At $26 per share, CVE is trading 20.0% below its 52-week high of $32. Investors who bought $1,000 worth of CVE shares 5 years ago would now be looking at an investment worth $2,976.

Cenovus Energy Inc. (CVE) has returned 53.52% so far this year and 80.54% over the past 12 months. Over the last ten years, CVE has returned 8.70% per year, falling short of the S&P 500 Index benchmark, which averaged 13.88% annually.

Based on dividend-adjusted daily data since Nov 17, 2009, CVE's average daily return is +0.05%, while the average monthly return is +1.13%. At this rate, an investment would double in approximately 5.1 years.

Historically, 48% of months were positive and 52% were negative. The best month was Apr 2020 with a return of +80.2%, while the worst month was Mar 2020 at -72.2%. The longest winning streak lasted 6 consecutive months, and the longest losing streak was 7 months.

On a daily basis, CVE closed higher 50% of trading days. The best single day was Apr 2, 2020 with a return of +23.6%, while the worst single day was Mar 9, 2020 at -52.5%.

Cenovus Energy Inc. has an annualized alpha of -3.00%, beta of 1.25, and R2 of 0.23 versus S&P 500 Index. Calculated based on daily prices since November 17, 2009.

• This stock participated in 144.72% of S&P 500 Index downside but only 101.95% of its upside - more exposed to losses than it benefited from rallies.
• R2 of 0.23 means this stock moves largely independently of S&P 500 Index - capture ratios reflect limited market correlation rather than active downside protection. Consider using a more representative benchmark.

CVE ranks 89 for risk / return — in the top 89% of stocks on our site. This means strong returns relative to risk — exactly what professional investors look for. Well-suited for investors who want to maximize return per unit of risk.

Cenovus Energy Inc. provided a 2.31% dividend yield over the last twelve months, with an annual payout of $0.59 per share.

The table displays the monthly dividend distributions for Cenovus Energy Inc.. The dividends shown in the table have been adjusted to account for any splits that may have occurred.

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.

The table below displays the maximum drawdowns of the Cenovus Energy Inc.. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the Cenovus Energy Inc. was 94.87%, occurring on Mar 18, 2020. Recovery took 1536 trading sessions.

The current Cenovus Energy Inc. drawdown is 18.83%.

The chart below shows the rolling one-month volatility.

The chart below illustrates the trends in the financial health of Cenovus Energy Inc. over time, highlighting three key metrics: Total Revenue, Earnings Before Interest and Taxes (EBIT), and Net Income.

The Valuation section provides an overview of how Cenovus Energy Inc. is priced in the market compared to other companies in the Oil & Gas Integrated industry. It includes key financial ratios that help investors assess whether the stock is undervalued or overvalued.