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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
CALGARY AB T2P 0M5
Tel: N/A
Website: www.cenovus.com
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 fiscal year ended 31 December 2018, Cenovus Energy Inc revenues increased 22% to C$20.84B. Net loss before extraordinary items totaled C$2.92B vs. income of C$2.27B. Revenues reflect Oil Sands segment increase of 34% to C$9.55B, Refining and Marketing segment increase of 14% to C$11.18B, Canada segment increase of 20% to C$11.7B, United States segment increase of 25% to C$9.15B, Oil Equivalent Production (Units/day).
Employees: 2,264 as of Dec 31, 2018
Reporting Currency: Canadian Dollars
Enterprise value: $24,970M as of Dec 31, 2018
Annual revenue (TTM): $20,844M as of Dec 31, 2018
EBITDA (TTM): $767.00M as of Dec 31, 2018
Net annual income (TTM): -$2,916M as of Dec 31, 2018
Free cash flow (TTM): $532.00M as of Dec 31, 2018
Net Debt Last Fiscal Year: $8,383M as of Dec 31, 2018
Shares outstanding: 1,228,698,567 as of Mar 25, 2019
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization