Cenovus Energy Inc. (CVE) Q4 2024 Earnings Call Transcript
Cenovus Energy Inc. (NYSE:CVE ) Q4 2024 Earnings Conference Call February 20, 2025 11:00 AM ET Company Participants Patrick Read - VP, IR Jon McKenzie - CEO Kam Sandhar - EVP, Strategy and Corporate Development Keith Chiasson - EVP, Downstream Geoff Murray - EVP, Commercial Conference Call Participants Menno Hulshof - TD Securities Dennis Fong - CIBC World Market Greg Pardy - RBC Capital Markets, Philippines Neil Mehta - Goldman Sachs John Royall - JPMorgan Dennis Fong - CIBC World Markets Manav Gupta - UBS Chris Barko - Calgary Herald Operator Good morning, ladies and gentlemen. Welcome to Cenovus Energy's Fourth Quarter and Full Year 2024 Results Conference Call.
Cenovus Energy (CVE) Q4 Earnings and Revenues Lag Estimates
Cenovus Energy (CVE) came out with quarterly earnings of $0.05 per share, missing the Zacks Consensus Estimate of $0.18 per share. This compares to earnings of $0.29 per share a year ago.
Stay Ahead of the Game With Cenovus (CVE) Q4 Earnings: Wall Street's Insights on Key Metrics
Evaluate the expected performance of Cenovus (CVE) for the quarter ended December 2024, looking beyond the conventional Wall Street top-and-bottom-line estimates and examining some of its key metrics for better insight.
Wall Street's Insights Into Key Metrics Ahead of Cenovus (CVE) Q4 Earnings
Besides Wall Street's top -and-bottom-line estimates for Cenovus (CVE), review projections for some of its key metrics to gain a deeper understanding of how the company might have fared during the quarter ended December 2024.
Curious about Cenovus (CVE) Q4 Performance? Explore Wall Street Estimates for Key Metrics
Get a deeper insight into the potential performance of Cenovus (CVE) for the quarter ended December 2024 by going beyond Wall Street's top -and-bottom-line estimates and examining the estimates for some of its key metrics.
Earnings Preview: Cenovus Energy (CVE) Q4 Earnings Expected to Decline
Cenovus (CVE) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Cenovus Energy (CVE) Beats Stock Market Upswing: What Investors Need to Know
In the closing of the recent trading day, Cenovus Energy (CVE) stood at $15.50, denoting a +1.97% change from the preceding trading day.
Cenovus Energy (CVE) Rises Higher Than Market: Key Facts
In the latest trading session, Cenovus Energy (CVE) closed at $15.06, marking a +0.53% move from the previous day.
Cenovus Energy: Tariff Fears Are Overblown, Loading Up On This Gem
Cenovus Energy's integrated upstream and downstream operations ensure resilience against market volatility, leading to strong cash flows and consistent financial results. The market is overestimating potential tariffs from the Trump administration, creating a near once-in-a-lifetime buying opportunity for this high-quality business. CVE's oil sands assets have low operating costs and industry-leading efficiency, promising significant capital returns and a sustainable dividend yield of 3.94%.
New Strong Sell Stocks for November 19th
FRO, DHT and CVE have been added to the Zacks Rank #5 (Strong Sell) List on November 19, 2024.
Cenovus Energy Outlines 2025 Growth Plan With $5 Billion Budget
CVE reveals its 2025 plan with up to $5 billion in investments, growth in upstream and downstream operations, key project advancements and enhanced shareholder returns.
Cenovus Energy: Well-Positioned For Strong Capital Returns
Cenovus Energy offers a compelling value and income growth opportunity, trading near its 52-week low with a forward P/E of 10.5. CVE's integrated operations, disciplined capital allocation, and strong balance sheet underpin its appeal, with plans to return excess free cash flow to shareholders. Significant production ramp-ups from projects like Christina Lake and West White Rose position CVE for long-term growth despite near-term headwinds from lower commodity prices.
