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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..
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Sector:  Energy Industry:  Integrated Oil & Gas
See Regulatory Filings on SEDAR
Company Contact
Address: 500 Centre Street SE, Stn M
PO Box 766
Tel: N/A
IR: See website
Key People
Patrick D. Daniel
Independent Chairman of the Board
Alexander J. Pourbaix
President, Chief Executive Officer, Director
Harbir S. Chhina
Executive Vice President, Chief Technology Officer
Alan Craig Reid
Executive Vice President - Stakeholder Engagement, Safety, Legal & General Counsel
Keith Chiasson
Executive Vice President - Downstream
J. Drew Zieglgansberger
Executive Vice President - Upstream
Sarah Walters
Senior Vice President - Corporate Services
Gary Frederick Molnar
Corporate Secretary
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 three months ended 31 March 2019, Cenovus Energy Inc revenues increased 9% to C$5B. Net income before extraordinary items totaled C$110M vs. loss of C$914M. Revenues reflect Refining and Marketing segment increase of 20% to C$2.69B, Canada segment increase of 11% to C$3.15B, United States segment increase of 5% to C$1.86B. Net Income reflects Oil Sands segment income totaling C$467M vs. loss of C$258M.
Employees: 2,264 as of Dec 31, 2018
Reporting Currency: Canadian Dollars
Enterprise value: $22,341M as of Mar 31, 2019
Annual revenue (TTM): $21,238M as of Mar 31, 2019
EBITDA (TTM): $1,319M as of Mar 31, 2019
Net annual income (TTM): -$1,892M as of Mar 31, 2019
Free cash flow (TTM): $1,298M as of Mar 31, 2019
Net Debt Last Fiscal Year: $9,476M as of Mar 31, 2019
Shares outstanding: 1,228,711,414 as of Jun 3, 2019
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization