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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
Tel: N/A
IR: See website
Key People
Patrick D. Daniel
Independent Chairman of the Board
Sarah J. Walters
Senior Vice President - Corporate Services
Alexander J. Pourbaix
President, Chief Executive Officer, Director
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
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 fiscal year ended 31 December 2019, Cenovus Energy Inc revenues decreased 3% to C$20.18B. Net income before extraordinary items totaled C$2.19B vs. loss of C$2.92B. Revenues reflect Refining and Marketing segment decrease of 6% to C$10.51B, Deep Basin segment decrease of 20% to C$662M, United States segment decrease of 8% to C$8.38B. Net Income reflects Oil Sands segment income totaling C$1.92B vs. loss of C$359M.
Employees: 2,361 as of Dec 31, 2019
Reporting Currency: Canadian Dollars
Enterprise value: $22,952M as of Dec 31, 2019
Annual revenue (TTM): $20,181M as of Dec 31, 2019
EBITDA (TTM): $3,895M as of Dec 31, 2019
Net annual income (TTM): $2,194M as of Dec 31, 2019
Free cash flow (TTM): $1,842M as of Dec 31, 2019
Net Debt Last Fiscal Year: $8,429M as of Dec 31, 2019
Shares outstanding: 1,228,828,000 as of Dec 31, 2019
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization