Cenovus Energy Inc. (TSE:CVE - Get Free Report) (NYSE:CVE) Senior Officer Jeffery George Lawson purchased 5,000 shares of the firm's stock in a transaction that occurred on Friday, December 27th. The shares were acquired at an average cost of C$21.17 per share, with a total value of C$105,832.00.
Jeffery George Lawson also recently made the following trade(s):
- On Friday, December 13th, Jeffery George Lawson purchased 4,600 shares of Cenovus Energy stock. The shares were bought at an average price of C$21.74 per share, with a total value of C$100,004.00.
- On Monday, September 30th, Jeffery George Lawson bought 4,000 shares of Cenovus Energy stock. The stock was purchased at an average price of C$22.50 per share, for a total transaction of C$90,000.00.
Cenovus Energy Trading Down 0.1 %
Shares of CVE stock opened at C$21.08 on Friday. Cenovus Energy Inc. has a 52-week low of C$19.82 and a 52-week high of C$29.96. The business's fifty day moving average is C$22.09 and its 200 day moving average is C$24.17. The company has a debt-to-equity ratio of 33.34, a quick ratio of 1.00 and a current ratio of 1.66. The company has a market capitalization of C$39.21 billion, a PE ratio of 8.40, a price-to-earnings-growth ratio of 0.09 and a beta of 2.63.
Cenovus Energy Announces Dividend
The firm also recently declared a quarterly dividend, which will be paid on Tuesday, December 31st. Stockholders of record on Tuesday, December 31st will be given a dividend of $0.18 per share. The ex-dividend date is Friday, December 13th. This represents a $0.72 dividend on an annualized basis and a dividend yield of 3.42%. Cenovus Energy's dividend payout ratio (DPR) is presently 28.69%.
Analysts Set New Price Targets
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Several equities research analysts recently weighed in on the company. BMO Capital Markets decreased their price objective on Cenovus Energy from C$28.00 to C$25.00 in a report on Friday, December 13th. Jefferies Financial Group reduced their target price on shares of Cenovus Energy from C$33.00 to C$32.00 and set a "buy" rating for the company in a research note on Friday, December 20th. TD Securities cut their price objective on shares of Cenovus Energy from C$31.00 to C$29.00 and set a "buy" rating for the company in a report on Friday, December 13th. Raymond James boosted their target price on shares of Cenovus Energy from C$32.00 to C$33.00 in a report on Friday, December 13th. Finally, National Bankshares cut their price target on Cenovus Energy from C$31.00 to C$29.00 and set an "outperform" rating for the company in a report on Thursday, December 19th. Nine equities research analysts have rated the stock with a buy rating, According to data from MarketBeat.com, the company has an average rating of "Buy" and an average target price of C$31.20.
View Our Latest Report on CVE
Cenovus Energy Company Profile
(
Get Free Report)
Cenovus Energy Inc, together with its subsidiaries, develops, produces, refines, transports, and markets crude oil, natural gas, and refined petroleum products in Canada and internationally. The company operates through Oil Sands, Conventional, Offshore, Canadian Refining, and U.S. Refining segments.
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