(CVE) Cenovus Energy - Ratings and Ratios

Cenovus Energy Inc. (NYSE:CVE) is a leading integrated energy company with operations spanning oil sands development, conventional oil and gas production, offshore exploration, and refining. The company specializes in the development and production of bitumen and heavy oil in Alberta and Saskatchewan, with key assets including the Foster Creek, Christina Lake, and Sunrise oil sands projects. Its portfolio also includes natural gas liquids and natural gas assets in Alberta, British Columbia, and the Northern Corridor, alongside interests in gas processing facilities. Cenovus operates the Lloydminster Upgrader, which converts heavy oil into high-value synthetic crude oil, diesel, and asphalt. The company also owns the Bruderheim crude-by-rail terminal and ethanol plants, enhancing its logistics and refining capabilities. Cenovus Energy Inc. was established in 2009 and is headquartered in Calgary, Alberta, Canada.

Based on and , Cenovus Energy Inc. (NYSE:CVE) is expected to experience moderate volatility in the next three months. The stocks short-term moving averages (SMA 20: 12.58, SMA 50: 13.36) suggest a potential pullback, while the ATR of 0.61 indicates a price range of $11.28 to $12.50 over the period. Fundamentally, with a P/E of 10.08 and P/B of 1.05, the stock is reasonably valued, though the forward P/E of 11.57 signals cautious investor sentiment. The companys return on equity (RoE) of 10.56% reflects stable profitability, supported by its diversified operations and strategic assets.