Cenovus Energy Inc (USA) (CVE) EPS Estimated At $0.04

July 18, 2017 - By Migdalia James

 Cenovus Energy Inc (USA) (CVE) EPS Estimated At $0.04

Analysts expect Cenovus Energy Inc (USA) (NYSE:CVE) to report $0.04 EPS on July, 27.They anticipate $0.08 EPS change or 200.00 % from last quarter’s $-0.04 EPS. CVE’s profit would be $49.18M giving it 46.31 P/E if the $0.04 EPS is correct. After having $-0.04 EPS previously, Cenovus Energy Inc (USA)’s analysts see -200.00 % EPS growth. The stock increased 1.23% or $0.09 during the last trading session, reaching $7.41. About 3.47 million shares traded. Cenovus Energy Inc (USA) (NYSE:CVE) has declined 34.01% since July 18, 2016 and is downtrending. It has underperformed by 50.71% the S&P500.

Cenovus Energy Inc (USA) (NYSE:CVE) Ratings Coverage

Among 16 analysts covering Cenovus Energy Inc (NYSE:CVE), 7 have Buy rating, 2 Sell and 7 Hold. Therefore 44% are positive. Cenovus Energy Inc had 23 analyst reports since July 21, 2015 according to SRatingsIntel. Goldman Sachs downgraded the stock to “Sell” rating in Monday, January 23 report. Credit Suisse reinitiated the shares of CVE in report on Friday, May 26 with “Outperform” rating. On Tuesday, January 26 the stock rating was upgraded by Goldman Sachs to “Buy”. The firm has “Sell” rating given on Wednesday, June 21 by Macquarie Research. On Tuesday, January 26 the stock rating was downgraded by UBS to “Neutral”. The company was downgraded on Tuesday, January 24 by Macquarie Research. The stock of Cenovus Energy Inc (USA) (NYSE:CVE) has “Outperform” rating given on Thursday, April 28 by RBC Capital Markets. JP Morgan maintained the shares of CVE in report on Tuesday, December 15 with “Neutral” rating. The stock has “Overweight” rating by Morgan Stanley on Monday, June 13. The rating was upgraded by Goldman Sachs to “Conviction Buy” on Friday, March 11.

Cenovus Energy Inc is a Canada-based integrated oil company. The company has market cap of $9.11 billion. It operates in the business of developing, producing and marketing crude oil, Natural Gas Liquids and natural gas in Canada. It currently has negative earnings. The Firm also conducts marketing activities and owns refining interests in the United States (U.S.).

More notable recent Cenovus Energy Inc (USA) (NYSE:CVE) news were published by: Fool.ca which released: “Cenovus Energy Inc.: When Will the Bleeding Stop?” on June 20, 2017, also Fool.ca with their article: “Contrarian Investors: Should You Buy Cenovus Energy Inc. or Baytex Energy Corp.?” published on June 29, 2017, Fool.ca published: “Cenovus Energy Inc. Shares Down 8%: What Should You Do?” on June 21, 2017. More interesting news about Cenovus Energy Inc (USA) (NYSE:CVE) were released by: Fool.ca and their article: “Cenovus Energy Inc. Divestitures on the Horizon: Time to Buy?” published on July 14, 2017 as well as Fool.ca‘s news article titled: “Cenovus Energy Inc. Is Down 55% YTD: What Should You Do?” with publication date: June 23, 2017.

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