Company
Cenovus Energy Inc.
Headquarters: Calgary, AB, Canada
Founded: 2009
Employees: 5,938
CEO: Mr. Alexander J. Pourbaix
Market Cap
C$39.12 Billion
CAD as of Jan. 1, 2025
US$27.20 Billion
Cenovus Energy Inc. Categories
Canada Energy Oil & Gas IntegratedCanada Energy Canada Oil & Gas Integrated
Company Description
Cenovus Energy Inc., headquartered in Calgary, Canada, is involved in developing, producing, refining, transporting, and marketing crude oil and natural gas, both domestically and internationally. Operating through segments like Oil Sands, Conventional, Offshore, Canadian Manufacturing, and U.S. Manufacturing, it focuses on bitumen and heavy oil production in northern Alberta and Saskatchewan. Additionally, the company has interests in natural gas assets and facilities, offshore operations, refining processes in both Canada and the U.S., and crude-by-rail and ethanol plants.
Top Competitors by Market Capitalization
Industry: Oil & Gas Integrated
| Company | Market Cap (USD) |
|---|---|
| Aramco | $1.831 T |
| ExxonMobil | $489.92 B |
| Chevron | $278.15 B |
| Shell | $206.56 B |
| PetroChina | $198.37 B |
Sector:
| Company | Market Cap (USD) |
|---|---|
| Aramco | $1.831 T |
| ExxonMobil | $489.92 B |
| Chevron | $278.15 B |
| Shell | $206.56 B |
| PetroChina | $198.37 B |
Detailed Description
Cenovus Energy Inc., together with its subsidiaries, develops, produces, refines, transports, and markets crude oil and natural gas in Canada and internationally. The company operates through Oil Sands, Conventional, Offshore, Canadian Manufacturing, and U.S. Manufacturing segments. The Oil Sands segment develops and produces bitumen and heavy oil in northern Alberta and Saskatchewan. This segment assets include Foster Creek, Christina Lake, and Sunrise projects, as well as Lloydminster thermal and conventional heavy oil assets. The Conventional segment holds natural gas liquids and natural gas assets primarily located in Elmworth-Wapiti, Kaybob-Edson, Clearwater, and Rainbow Lake operating in Alberta and British Columbia, as well as interests in various natural gas processing facilities. The offshore segment engages in offshore operation, exploration, and development activities in China and the East Coast of Canada. The Canadian Manufacturing segment comprises the owned and operated Lloydminster upgrading and asphalt refining complex, which converts heavy oil and bitumen into synthetic crude oil, diesel, asphalt, and other ancillary products, as well as owns and operates the Bruderheim crude-by-rail terminal and ethanol plants; and markets its production of its own and third-party products. The U.S. Manufacturing segment includes the refining of crude oil to produce gasoline, diesel, jet fuel, asphalt, and other products. Cenovus Energy Inc. was founded in 2009 and is headquartered in Calgary, Canada.
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Financials
| Last Financial Reports Date | Sept. 30, 2024 |
| Revenue TTM | C$55.67 B |
| EBITDA | C$10.46 B |
| Gross Profit TTM | C$12.70 B |
| Profit Margin | 6.72% |
| Operating Margin | 7.00% |
| Quarterly Revenue Growth | -2.30% |
Stocks & Indices
Cenovus Energy Inc. has the following listings and related stock indices.
Stock: TSX: CVE wb_incandescent
Stock: FSX: CXD wb_incandescent
Stock: TSX: CVE.PR.A wb_incandescent
Stock: TSX: CVE.PR.B wb_incandescent
Stock: TSX: CVE.PR.C wb_incandescent
Stock: TSX: CVE.PR.E wb_incandescent
Stock: NYSE: CVE wb_incandescent
Stock: TSX: CVE.PR.G wb_incandescent
Product & Services
Oil, Natural gas
Key People
Alex Pourbaix (CEO), Keith A. Mac Phail (Board Chair)