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Cenovus Energy Inc. (T:CVE)

Business Focus: Integrated Oil & Gas

This company is also listed in the United States as CVE on the NYSE. Click here to get the live US quote and see if there are any SEC insider filings..
Sector:  Energy Industry:  Integrated Oil & Gas
 
See Regulatory Filings on SEDAR
Company Contact
Address: 225-6 Avenue S.W., Stn M
PO Box 766
CALGARY AB T2P 0M5
Tel: N/A
Website: https://www.cenovus.com
IR: See website
Key People
Alexander J. Pourbaix
President, Chief Executive Officer, Director
Gary Frederick Molnar
Corporate Secretary
Jonathan M. McKenzie
Chief Financial Officer, Executive Vice President
Harbir S. Chhina
Executive Vice President, Chief Technology Officer
Alan Craig Reid
Executive Vice President - Stakeholder Engagement, Safety, Legal & General Counsel
Keith A. Chiasson
Executive Vice President - Downstream
Norrie C. Ramsay
Executive Vice President, Upstream
J. Drew Zieglgansberger
Executive Vice President, Strategy & Corporate Development
Karamjit S. Sandhar
Senior Vice President, Deep Basin
Sarah J. Walters
Senior Vice President - Corporate Services
   
Business Overview
Cenovus Energy Inc is a Canada-based integrated oil and natural gas company. The Company's operations, include oil sands projects in northern Alberta and oil production in Alberta and British Columbia. The Company is owner of two projects that are producing oil, Christina Lake and Foster Creek. The oil sands projects use a drilling method called steam-assisted gravity drainage or SAGD for short. The SAGD process uses natural gas to heat water into steam, which helps The Company to extract the oil out of the oil sands. The company also holds interest in two United States refineries, Wood River located in Roxana Illinois and Borger located in Borger Texas.
Financial Overview
For the six months ended 30 June 2020, Cenovus Energy Inc revenues decreased 42% to C$6.14B. Net loss totaled C$2.03B vs. income of C$1.89B. Revenues reflect Refining and Marketing segment decrease of 43% to C$3.14B, Oil Sands segment decrease of 39% to C$3.03B, Canada segment decrease of 43% to C$3.67B, United States segment decrease of 41% to C$2.47B. Net loss reflects Oil Sands segment loss totaling C$954M vs. income of C$1.15B.
Employees: 2,361 as of Dec 31, 2019
Reporting Currency: Canadian Dollars
Enterprise value: $14,831M as of Jun 30, 2020
Annual revenue (TTM): $15,716M as of Jun 30, 2020
EBITDA (TTM): $1,459M as of Jun 30, 2020
Net annual income (TTM): -$1,732M as of Jun 30, 2020
Free cash flow (TTM): -$418.00M as of Jun 30, 2020
Net Debt Last Fiscal Year: $10,095M as of Jun 30, 2020
Shares outstanding: 1,228,870,000 as of Jun 30, 2020
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization