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Showing 1 to 15 of 395 entries
COMMENT
If you believe the oil price will hold, then CVE should do well. She owns no oil stocks. Oil prices are flattening, because of fears of a recession eroding oil demand. A caveat.
oil / gas
PAST TOP PICK
(A Top Pick May 28/21, Up 207%) 23% free cash flow yield and 3.6x trading multiple. Has committed to return 100% of free cash flow yield back to shareholders, once debt paid back. Expecting 6x multiple on the company which would be a $52 share price. Management team is committed to delivering capital back to shareholders (set bar in terms of capital returns to shareholders).
oil / gas
PARTIAL SELL
Benefitting from high commodity prices. Not a lifetime hold. From here, you probably want to lighten up because things are going so well. A lot of good news is factored into the stock.
oil / gas
BUY
Company executing well, and believes stock is cheap relative to US peers. Good balance sheet and financial metrics. If oil prices stay high, will be a good long term hold. If Russian supply of oil continues to decline, will be great investment. Investors should be aware of oil price volatility.
oil / gas
BUY on WEAKNESS
If you feel the market's had a good run, and that central banks will slow down the economy to get a handle on inflation, then we'll see a global slowdown. Supply chain issues persist. Balance sheet is superb. Hold, or buy on weakness. Because of Ukraine, Canada's become an attractive place for foreign investors.
oil / gas
SELL ON STRENGTH
The oil stocks have been amazing, but are getting pricey. Hold this to $26, which is maximum valuation. He questions the earnings story of all the oil stocks which are in the end of the 8th inning--not much time left till they become fully valued.
oil / gas
SELL
He models $52, more than twice the current price. Oil stocks are getting very pricey. You can hold this to $26, full max valuation. He questions the earnings story on all oil stocks which are in the 8th inning. There's not much time left for oil stocks and approaching full valuation.
oil / gas
BUY
Currently owns shares in company. Cash flow multiple trading at 4x. ConocoPhillips slowly exiting position - has had downward pressure on stock price. Expecting share prices to grow. With strong energy prices, will be strong financial performance. Keep shares as expecting growth.
oil / gas
HOLD
Stock vs. warrants? Stock versus warrants is really a question of do you want additional leverage on the warrants? Strike price is $6.54, so it's well in the money. Likes it with strong price momentum. Held back by COP selling shares, so could be a catch-up trade. Scores well on ESG, reasonable valuation.
oil / gas
BUY
ConocoPhillips selling holdings has had downward pressure on stock. Only large cap that Ninepoint owns. Currently trading at ~3x cash flow & 31% free cash flow yield ($100 oil). Plans to reduce debt and increase dividend. At $100 oil, opportunity for 111% upside.
oil / gas
BUY
Doing well compared to the group. Long way to go. There will be volatility, but energy is underowned. Great assets. Prefers CNQ, but both are great. Trades at 8x next year's earnings, balance sheet good, paying down debt.
oil / gas
BUY
Believes company is a well positioned and likes the stock. Strong management team. Operational execution has been strong. Company cleaning up balance sheet (reducing debt). Believes company will increase the dividend. Company offers above average returns with below average risk.
oil / gas
HOLD
Paying down debt, because otherwise it makes it hard to get financing. Sold off part of assets, a smart move. Likes what they're doing. If oil stays around $75, they will benefit over time. They're being cautious. They've agreed to buy back shares, but this can change.
oil / gas
COMMENT
Selling gas station and oil sands assets to pay debt He's been fairly big in the energy sector, but not CVE. It's good they're paying down debt as rates are low. There will be continued demand for fossil fuels. There's a supply shortage and alternative sources haven't filled energy demand yet. He's bullish energy.
oil / gas
WEAK BUY
They made a buy purchase of Husky. It's probably a good long-term hold if you want exposure in the energy patch. She owns no oil producers, but pipelines instead. CVE is decent.
oil / gas
Showing 1 to 15 of 395 entries

Cenovus Energy(CVE-T) Rating

Ranking : 5 out of 5

Bullish - Buy Signals / Votes : 14

Neutral - Hold Signals / Votes : 3

Bearish - Sell Signals / Votes : 5

Total Signals / Votes : 22

Stockchase rating for Cenovus Energy is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

Cenovus Energy(CVE-T) Frequently Asked Questions

What is Cenovus Energy stock symbol?

Cenovus Energy is a Canadian stock, trading under the symbol CVE-T on the Toronto Stock Exchange (CVE-CT). It is usually referred to as TSX:CVE or CVE-T

Is Cenovus Energy a buy or a sell?

In the last year, 22 stock analysts published opinions about CVE-T. 14 analysts recommended to BUY the stock. 5 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Cenovus Energy.

Is Cenovus Energy a good investment or a top pick?

Cenovus Energy was recommended as a Top Pick by on . Read the latest stock experts ratings for Cenovus Energy.

Why is Cenovus Energy stock dropping?

Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.

Is Cenovus Energy worth watching?

22 stock analysts on Stockchase covered Cenovus Energy In the last year. It is a trending stock that is worth watching.

What is Cenovus Energy stock price?

On 2022-06-24, Cenovus Energy (CVE-T) stock closed at a price of $24.29.