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Cenovus Energy Inc Preferred Series 5
Buy, Hold or Sell?

Let's analyse Cenovus together

PenkeI guess you are interested in Cenovus Energy Inc Preferred Series 5. Buy, hold or sell? I don't know! However, I do recommend doing research before doing anything. I will help you with that.

I'm going to help you getting a better view of Cenovus Energy Inc Preferred Series 5. At the end you don't have to ask anyone for trading advice. You can make your own decision, with more confidence, the odds in your favor, backed by data.

You can find me behind Let's Analyse Together in the top-right of each section.

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Quick analysis of Cenovus (30 sec.)










What can you expect buying and holding a share of Cenovus? (30 sec.)

How much money do you get?

How much money do you get?
C$0.40
When do you have the money?
1 year
How often do you get paid?
100.0%

What is your share worth?

Current worth
C$15.34
Expected worth in 1 year
C$16.23
How sure are you?
58.8%

+ What do you gain per year?

Total Gains per Share
C$1.43
Return On Investment
6.1%

For what price can you sell your share?

Current Price per Share
C$23.58
Expected price per share
C$22.72 - C$
How sure are you?
50%

1. Valuation of Cenovus (5 min.)




Live pricePrice per Share (EOD)

C$23.58

Intrinsic Value Per Share

C$40.53 - C$47.76

Total Value Per Share

C$55.87 - C$63.10

2. Growth of Cenovus (5 min.)




Is Cenovus growing?

Current yearPrevious yearGrowGrow %
How rich?$21.1b$19.5b$1.2b5.8%

How much money is Cenovus making?

Current yearPrevious yearGrowGrow %
Making money$756.3m$1.1b-$430.9m-57.0%
Net Profit Margin7.2%8.7%--

How much money comes from the company's main activities?

3. Financial Health of Cenovus (5 min.)




4. Comparing to competitors in the Oil & Gas Integrated industry (5 min.)




  Industry Rankings (Oil & Gas Integrated)  


Richest
#31 / 54

Most Revenue
#30 / 54

Most Profit
#30 / 54

What can you expect buying and holding a share of Cenovus? (5 min.)

Welcome investor! Cenovus's management wants to use your money to grow the business. In return you get a share of Cenovus.

What can you expect buying and holding a share of Cenovus?

First you should know what it really means to hold a share of Cenovus. And how you can make/lose money.

Speculation

The Price per Share of Cenovus is C$23.58. The market price reflects what other people think it is worth; not what it's really worth. Your job is to find out if the market price is fair, overpriced, or underpriced. I will help you with that.

If you buy blind, there is a 50% chance of making or losing money by selling the stock in the future. However, we can look at a few things to determine the odds in our favor:

  • The fundamentals: the financial health trends of Cenovus.
  • The technials: based on market psychology, we can make a calculated estimate of what the price will do in the future. We can do this through technical analysis. We can calculate the probabilities and the expected value (millionaire math). That's called speculation.
  • The book value: what is the market price compared to it's book value.

Investing

If you really want to invest in Cenovus, you will have to let go of the thought of selling in the future. If you have to sell the share for less than you bought it, it can still be a good investment. Focus on what it means to hold the stock forever:

  • You own a part of the company. The equity of this part can grow or shrink. The current Book Value per Share is C$15.34. Based on the TTM, the Book Value Change Per Share is C$0.22 per quarter. Based on the YOY, the Book Value Change Per Share is C$0.66 per quarter.
  • You may receive quarterly/yearly dividend in the form of additional shares.
  • You may receive quarterly/yearly dividend in the form of cash. Based on the TTM the Dividend per Share is C$0.14 per quarter.
Based on historical numbers we can estimate the returns while holding a share of Cenovus.

How much money are you going to get?

 MRQTTMYOY5Y10Y
 C$% of Price per ShareC$% of Price per ShareC$% of Price per ShareC$% of Price per ShareC$% of Price per Share
Usd Eps0.291.2%0.401.7%0.612.6%0.170.7%0.170.7%
Usd Book Value Change Per Share0.040.2%0.160.7%0.492.1%0.662.8%0.662.8%
Usd Dividend Per Share0.110.5%0.100.4%0.090.4%0.060.3%0.060.3%
Usd Total Gains Per Share0.140.6%0.261.1%0.582.4%0.723.1%0.723.1%
Usd Price Per Share16.73-14.95-16.24-14.34-14.34-
Price to Earnings Ratio14.31-11.19-7.71-8.88-8.88-
Price-to-Total Gains Ratio116.74-9.01-44.50-50.40-50.40-
Price to Book Ratio1.48-1.36-1.62-1.44-1.44-
Price-to-Total Gains Ratio116.74-9.01-44.50-50.40-50.40-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share17.361954
Number of shares57
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.100.06
Usd Book Value Change Per Share0.160.66
Usd Total Gains Per Share0.260.72
Gains per Quarter (57 shares)15.0141.23
Gains per Year (57 shares)60.06164.91
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
123375013151155
2467511027303320
36811217040454485
49114923054606650
511418629067757815
613722435081909980
71602614109410601145
818229847010812121310
920533553012113631475
1022837359013415151640

How sure are you?

Based on the past periods, how sure are you to get value out of your investment.

Linear %
 Trailing 12 Months3Y5 Year10 YearALLTIME
  % % % % %
Earnings Per Share4.00.00.0100.0%11.01.00.091.7%12.05.00.070.6%12.05.00.070.6%12.05.00.070.6%
Book Value Change Per Share3.01.00.075.0%8.04.00.066.7%9.08.00.052.9%9.08.00.052.9%9.08.00.052.9%
Dividend per Share4.00.00.0100.0%12.00.00.0100.0%17.00.00.0100.0%17.00.00.0100.0%17.00.00.0100.0%
Total Gains per Share3.01.00.075.0%9.03.00.075.0%10.07.00.058.8%10.07.00.058.8%10.07.00.058.8%

Fundamentals of Cenovus

About Cenovus Energy Inc Preferred Series 5

Cenovus Energy Inc., together with its subsidiaries, develops, produces, refines, transports, and markets crude oil, natural gas, and refined petroleum products in Canada and internationally. The company operates through Oil Sands, Conventional, Offshore, Canadian Refining, and U.S. Refining 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 Refining segment owns and operates 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 Bruderheim crude-by-rail terminal and ethanol plants. The U.S. Refining segment refines crude oil to produce gasoline, diesel, jet fuel, asphalt, and other products. Cenovus Energy Inc. is headquartered in Calgary, Canada.

Fundamental data was last updated by Penke on 2024-03-07 06:54:03.

Financial Health

Profitability Details
 Compared to previous yearCompared to industry
The company is making a profit.
Using its assets, the company is less efficient in making profit.
Using its investors money, the company is inefficient in making profit.
Operating Efficiency Details
 Compared to previous yearCompared to industry
The company is inefficient in keeping operating costs low.
Liquidity Details
 Compared to previous yearCompared to industry
The company is able to pay all its short-term debts.
The company is just not able to pay all its short-term debts with the most liquid assets.
Solvency Details
 Compared to previous yearCompared to industry
The company is very able to pay all its debts by selling its assets.
The company is very able to pay all its debts with equity.

Valuation

Valuation Details
 Compared to previous yearCompared to industry
Based on the equity, the company is underpriced.
Based on the earnings, the company is underpriced.
Based on how much money comes from the company's main activities, the company is cheap.

1.1. Profitability of Cenovus Energy Inc Preferred Series 5.

1.1. Profitability
1.1.1. Net Profit Margin

Measures how much net profit Cenovus earns for each $1 of revenue.

  • Above 10% is considered healthy but always compare Cenovus to the Oil & Gas Integrated industry mean.
  • A Net Profit Margin of 5.3% means that $0.05 for each $1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of Cenovus Energy Inc Preferred Series 5:

  • The MRQ is 5.3%. The company is making a profit. +1
  • The TTM is 7.2%. The company is making a profit. +1
Trends
Current periodCompared to+/- 
MRQ5.3%TTM7.2%-1.9%
TTM7.2%YOY8.7%-1.5%
TTM7.2%5Y0.4%+6.8%
5Y0.4%10Y0.4%0.0%
Compared to industry (Oil & Gas Integrated)
PeriodCompanyIndustry (mean)+/- 
MRQ5.3%5.7%-0.4%
TTM7.2%6.8%+0.4%
YOY8.7%8.7%+0.0%
5Y0.4%3.1%-2.7%
10Y0.4%3.1%-2.7%
1.1.2. Return on Assets

Shows how efficient Cenovus is using its assets to generate profit.

  • Above 5% is considered healthy but always compare Cenovus to the Oil & Gas Integrated industry mean.
  • 1.4% Return on Assets means that Cenovus generated $0.01 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of Cenovus Energy Inc Preferred Series 5:

  • The MRQ is 1.4%. Using its assets, the company is less efficient in making profit.
  • The TTM is 1.9%. Using its assets, the company is less efficient in making profit.
Trends
Current periodCompared to+/- 
MRQ1.4%TTM1.9%-0.5%
TTM1.9%YOY2.9%-1.0%
TTM1.9%5Y0.8%+1.1%
5Y0.8%10Y0.8%0.0%
Compared to industry (Oil & Gas Integrated)
PeriodCompanyIndustry (mean)+/- 
MRQ1.4%1.7%-0.3%
TTM1.9%1.9%0.0%
YOY2.9%2.4%+0.5%
5Y0.8%1.0%-0.2%
10Y0.8%0.8%0.0%
1.1.3. Return on Equity

Shows how efficient Cenovus is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare Cenovus to the Oil & Gas Integrated industry mean.
  • 2.6% Return on Equity means Cenovus generated $0.03 for each $1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of Cenovus Energy Inc Preferred Series 5:

  • The MRQ is 2.6%. Using its investors money, the company is inefficient in making profit. -1
  • The TTM is 3.6%. Using its investors money, the company is inefficient in making profit. -1
Trends
Current periodCompared to+/- 
MRQ2.6%TTM3.6%-1.0%
TTM3.6%YOY6.1%-2.5%
TTM3.6%5Y1.7%+2.0%
5Y1.7%10Y1.7%0.0%
Compared to industry (Oil & Gas Integrated)
PeriodCompanyIndustry (mean)+/- 
MRQ2.6%3.3%-0.7%
TTM3.6%4.0%-0.4%
YOY6.1%6.1%+0.0%
5Y1.7%2.3%-0.6%
10Y1.7%1.7%0.0%

1.2. Operating Efficiency of Cenovus Energy Inc Preferred Series 5.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient Cenovus is operating .

  • Measures how much profit Cenovus makes for each $1 of sales after paying variable costs (production costs, wages, etc) but before taxes.
  • Above 15% is considered healthy but always compare Cenovus to the Oil & Gas Integrated industry mean.
  • An Operating Margin of 0.0% means the company generated $0.00  for each $1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of Cenovus Energy Inc Preferred Series 5:

  • The MRQ is 0.0%. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM-0.0%
TTM-YOY12.1%-12.1%
TTM-5Y1.3%-1.3%
5Y1.3%10Y1.3%0.0%
Compared to industry (Oil & Gas Integrated)
PeriodCompanyIndustry (mean)+/- 
MRQ-10.9%-10.9%
TTM-12.6%-12.6%
YOY12.1%17.4%-5.3%
5Y1.3%8.7%-7.4%
10Y1.3%8.6%-7.3%
1.2.2. Operating Ratio

Measures how efficient Cenovus is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Oil & Gas Integrated industry mean).
  • An Operation Ratio of 1.74 means that the operating costs are $1.74 for each $1 in net sales.

Let's take a look of the Operating Ratio trends of Cenovus Energy Inc Preferred Series 5:

  • The MRQ is 1.742. The company is inefficient in keeping operating costs low. -1
  • The TTM is 1.678. The company is inefficient in keeping operating costs low. -1
Trends
Current periodCompared to+/- 
MRQ1.742TTM1.678+0.064
TTM1.678YOY1.627+0.052
TTM1.6785Y1.793-0.115
5Y1.79310Y1.7930.000
Compared to industry (Oil & Gas Integrated)
PeriodCompanyIndustry (mean)+/- 
MRQ1.7420.952+0.790
TTM1.6780.912+0.766
YOY1.6270.880+0.747
5Y1.7930.936+0.857
10Y1.7930.958+0.835

1.3. Liquidity of Cenovus Energy Inc Preferred Series 5.

1.3. Liquidity
1.3.1. Current Ratio

Measures if Cenovus is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare to Oil & Gas Integrated industry mean).
  • A Current Ratio of 1.56 means the company has $1.56 in assets for each $1 in short-term debts.

Let's take a look of the Current Ratio trends of Cenovus Energy Inc Preferred Series 5:

  • The MRQ is 1.563. The company is able to pay all its short-term debts. +1
  • The TTM is 1.548. The company is able to pay all its short-term debts. +1
Trends
Current periodCompared to+/- 
MRQ1.563TTM1.548+0.016
TTM1.548YOY1.605-0.057
TTM1.5485Y1.413+0.134
5Y1.41310Y1.4130.000
Compared to industry (Oil & Gas Integrated)
PeriodCompanyIndustry (mean)+/- 
MRQ1.5631.297+0.266
TTM1.5481.370+0.178
YOY1.6051.263+0.342
5Y1.4131.300+0.113
10Y1.4131.308+0.105
1.3.2. Quick Ratio

Measures if Cenovus is able to pay off Short-term Debt but only using the most liquid assets.

  • Above 1 is considered healthy but always compare Cenovus to the Oil & Gas Integrated industry mean.
  • A Quick Ratio of 0.44 means the company can pay off $0.44 for each $1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of Cenovus Energy Inc Preferred Series 5:

  • The MRQ is 0.438. The company is just not able to pay all its short-term debts with the most liquid assets. -1
  • The TTM is 0.529. The company is just not able to pay all its short-term debts with the most liquid assets. -1
Trends
Current periodCompared to+/- 
MRQ0.438TTM0.529-0.091
TTM0.529YOY0.567-0.038
TTM0.5295Y0.517+0.012
5Y0.51710Y0.5170.000
Compared to industry (Oil & Gas Integrated)
PeriodCompanyIndustry (mean)+/- 
MRQ0.4380.777-0.339
TTM0.5290.772-0.243
YOY0.5670.809-0.242
5Y0.5170.781-0.264
10Y0.5170.800-0.283

1.4. Solvency of Cenovus Energy Inc Preferred Series 5.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

Measures how much % of Cenovus assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare Cenovus to Oil & Gas Integrated industry mean.
  • A Debt to Asset Ratio of 0.47 means that Cenovus assets are financed with 46.7% credit (debt) and the remaining percentage (100% - 46.7%) is financed by its owners/shareholders. 

Let's take a look of the Debt to Asset Ratio trends of Cenovus Energy Inc Preferred Series 5:

  • The MRQ is 0.467. The company is very able to pay all its debts by selling its assets. +2
  • The TTM is 0.478. The company is very able to pay all its debts by selling its assets. +2
Trends
Current periodCompared to+/- 
MRQ0.467TTM0.478-0.011
TTM0.478YOY0.522-0.044
TTM0.4785Y0.507-0.029
5Y0.50710Y0.5070.000
Compared to industry (Oil & Gas Integrated)
PeriodCompanyIndustry (mean)+/- 
MRQ0.4670.528-0.061
TTM0.4780.523-0.045
YOY0.5220.568-0.046
5Y0.5070.543-0.036
10Y0.5070.524-0.017
1.4.2. Debt to Equity Ratio

Measures if Cenovus is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy but always compare Cenovus to the Oil & Gas Integrated industry mean.
  • A Debt to Equity ratio of 87.8% means that company has $0.88 debt for each $1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of Cenovus Energy Inc Preferred Series 5:

  • The MRQ is 0.878. The company is very able to pay all its debts with equity. +2
  • The TTM is 0.917. The company is very able to pay all its debts with equity. +2
Trends
Current periodCompared to+/- 
MRQ0.878TTM0.917-0.039
TTM0.917YOY1.099-0.182
TTM0.9175Y1.039-0.122
5Y1.03910Y1.0390.000
Compared to industry (Oil & Gas Integrated)
PeriodCompanyIndustry (mean)+/- 
MRQ0.8781.149-0.271
TTM0.9171.175-0.258
YOY1.0991.350-0.251
5Y1.0391.266-0.227
10Y1.0391.173-0.134

2. Market Valuation of Cenovus Energy Inc Preferred Series 5

2.1. Earnings Per Share
2.1. Price to Earnings Ratio

Measures how much money you pay for each share for every $1 in earnings Cenovus generates.

  • Above 15 is considered overpriced but always compare Cenovus to the Oil & Gas Integrated industry mean.
  • A PE ratio of 14.31 means the investor is paying $14.31 for every $1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of Cenovus Energy Inc Preferred Series 5:

  • The EOD is 14.852. Based on the earnings, the company is underpriced. +1
  • The MRQ is 14.310. Based on the earnings, the company is underpriced. +1
  • The TTM is 11.187. Based on the earnings, the company is underpriced. +1
Trends
Current periodCompared to+/- 
EOD14.852MRQ14.310+0.542
MRQ14.310TTM11.187+3.123
TTM11.187YOY7.707+3.480
TTM11.1875Y8.879+2.308
5Y8.87910Y8.8790.000
Compared to industry (Oil & Gas Integrated)
PeriodCompanyIndustry (mean)+/- 
EOD14.8528.075+6.777
MRQ14.3107.873+6.437
TTM11.1878.341+2.846
YOY7.7074.976+2.731
5Y8.8798.693+0.186
10Y8.87911.505-2.626
2.2. Price To Free Cash Flow Ratio

Let's take a look of the Price To Free Cash Flow Ratio trends of Cenovus Energy Inc Preferred Series 5:

  • The EOD is 6.213. Based on how much money comes from the company's main activities, the company is cheap. +2
  • The MRQ is 5.987. Based on how much money comes from the company's main activities, the company is cheap. +2
  • The TTM is 3.396. Based on how much money comes from the company's main activities, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD6.213MRQ5.987+0.227
MRQ5.987TTM3.396+2.590
TTM3.396YOY8.372-4.975
TTM3.3965Y2.722+0.674
5Y2.72210Y2.7220.000
Compared to industry (Oil & Gas Integrated)
PeriodCompanyIndustry (mean)+/- 
EOD6.2136.069+0.144
MRQ5.9875.325+0.662
TTM3.3964.005-0.609
YOY8.3724.577+3.795
5Y2.7225.188-2.466
10Y2.7225.363-2.641
2. Book Value per Share
2.3. Price to Book Ratio

Measures if the stock price of Cenovus is to cheap or to expensive compared to its book value.

  • At or below 1 is considered healthy (always compare to Oil & Gas Integrated industry mean).
  • A PB ratio of 1.48 means the investor is paying $1.48 for each $1 in book value.

Let's take a look of the Price to Book Ratio trends of Cenovus Energy Inc Preferred Series 5:

  • The EOD is 1.537. Based on the equity, the company is underpriced. +1
  • The MRQ is 1.481. Based on the equity, the company is underpriced. +1
  • The TTM is 1.361. Based on the equity, the company is underpriced. +1
Trends
Current periodCompared to+/- 
EOD1.537MRQ1.481+0.056
MRQ1.481TTM1.361+0.120
TTM1.361YOY1.622-0.261
TTM1.3615Y1.444-0.083
5Y1.44410Y1.4440.000
Compared to industry (Oil & Gas Integrated)
PeriodCompanyIndustry (mean)+/- 
EOD1.5371.101+0.436
MRQ1.4810.969+0.512
TTM1.3611.082+0.279
YOY1.6221.049+0.573
5Y1.4441.017+0.427
10Y1.4441.107+0.337
2. Total Gains per Share

3. Summary

3.1. Key Performance Indicators

The key performance indicators of Cenovus Energy Inc Preferred Series 5 compared to the Most Recent Quarter (MRQ).

 End of day+/-Most Recent QuarterTrailing 12 Months+/-Year-Over-Year+/-5 Year+/-10 Year+/-
Book Value Change Per Share--0.0500.222-77%0.663-92%0.902-94%0.902-94%
Book Value Per Share--15.33914.918+3%13.709+12%13.730+12%13.730+12%
Current Ratio--1.5631.548+1%1.605-3%1.413+11%1.413+11%
Debt To Asset Ratio--0.4670.478-2%0.522-11%0.507-8%0.507-8%
Debt To Equity Ratio--0.8780.917-4%1.099-20%1.039-15%1.039-15%
Dividend Per Share--0.1440.136+6%0.120+20%0.080+80%0.080+80%
Eps--0.3970.544-27%0.825-52%0.230+73%0.230+73%
Free Cash Flow Per Share--0.9490.413+130%0.997-5%0.448+112%0.448+112%
Free Cash Flow To Equity Per Share--0.607-0.158+126%0.005+13021%-0.001+100%-0.001+100%
Gross Profit Margin--1.0001.0000%1.0000%1.0000%1.0000%
Intrinsic Value_10Y_max--47.763--------
Intrinsic Value_10Y_min--40.529--------
Intrinsic Value_1Y_max--2.780--------
Intrinsic Value_1Y_min--2.729--------
Intrinsic Value_3Y_max--9.881--------
Intrinsic Value_3Y_min--9.402--------
Intrinsic Value_5Y_max--18.826--------
Intrinsic Value_5Y_min--17.342--------
Market Cap--42528857522.88038385306215.720+11%42821920200.000-1%35008883260.698+21%35008883260.698+21%
Net Profit Margin--0.0530.072-27%0.087-39%0.004+1229%0.004+1229%
Operating Margin----0%0.121-100%0.013-100%0.013-100%
Operating Ratio--1.7421.678+4%1.627+7%1.793-3%1.793-3%
Pb Ratio1.537+4%1.4811.361+9%1.622-9%1.444+3%1.444+3%
Pe Ratio14.852+4%14.31011.187+28%7.707+86%8.879+61%8.879+61%
Price Per Share23.580+4%22.72020.310+12%22.053+3%19.471+17%19.471+17%
Price To Free Cash Flow Ratio6.213+4%5.9873.396+76%8.372-28%2.722+120%2.722+120%
Price To Total Gains Ratio121.160+4%116.7419.013+1195%44.497+162%50.403+132%50.403+132%
Quick Ratio--0.4380.529-17%0.567-23%0.517-15%0.517-15%
Return On Assets--0.0140.019-27%0.029-52%0.008+74%0.008+74%
Return On Equity--0.0260.036-29%0.061-58%0.017+55%0.017+55%
Total Gains Per Share--0.1950.358-46%0.784-75%0.982-80%0.982-80%
Usd Book Value--21140645600.00020762923700.000+2%19562754700.000+8%17425102552.941+21%17425102552.941+21%
Usd Book Value Change Per Share--0.0370.163-77%0.488-92%0.664-94%0.664-94%
Usd Book Value Per Share--11.29410.984+3%10.094+12%10.110+12%10.110+12%
Usd Dividend Per Share--0.1060.100+6%0.089+20%0.059+80%0.059+80%
Usd Eps--0.2920.400-27%0.607-52%0.169+73%0.169+73%
Usd Free Cash Flow--1307668800.000568791750.000+130%1416273050.000-8%605238600.000+116%605238600.000+116%
Usd Free Cash Flow Per Share--0.6990.304+130%0.734-5%0.330+112%0.330+112%
Usd Free Cash Flow To Equity Per Share--0.447-0.117+126%0.003+13021%-0.001+100%-0.001+100%
Usd Market Cap--31313997794.09728263100966.635+11%31529779843.260-1%25777040744.852+21%25777040744.852+21%
Usd Price Per Share17.362+4%16.72914.954+12%16.237+3%14.337+17%14.337+17%
Usd Profit--547070900.000756364175.000-28%1187283750.000-54%384608470.588+42%384608470.588+42%
Usd Revenue--10334706800.00010211376550.000+1%13210142375.000-22%8437305011.765+22%8437305011.765+22%
Usd Total Gains Per Share--0.1430.263-46%0.577-75%0.723-80%0.723-80%
 EOD+2 -4MRQTTM+18 -16YOY+13 -225Y+25 -1010Y+25 -10

3.2. Fundamental Score

Let's check the fundamental score of Cenovus Energy Inc Preferred Series 5 based on Penke's default stock scanner.

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-1514.852
Price to Book Ratio (EOD)Between0-11.537
Net Profit Margin (MRQ)Greater than00.053
Operating Margin (MRQ)Greater than00.000
Quick Ratio (MRQ)Greater than10.438
Current Ratio (MRQ)Greater than11.563
Debt to Asset Ratio (MRQ)Less than10.467
Debt to Equity Ratio (MRQ)Less than10.878
Return on Equity (MRQ)Greater than0.150.026
Return on Assets (MRQ)Greater than0.050.014
Total5/10 (50.0%)

3.3. Technical Score

Let's check the technical score of Cenovus Energy Inc Preferred Series 5 based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5055.016
Ma 20Greater thanMa 5023.353
Ma 50Greater thanMa 10023.183
Ma 100Greater thanMa 20022.277
OpenGreater thanClose23.500
Total4/5 (80.0%)



Latest Balance Sheet

Balance Sheet of 2023-12-31. Currency in CAD. All numbers in thousands.

Summary
Total Assets53,915,000
Total Liabilities25,203,000
Total Stockholder Equity28,698,000
 As reported
Total Liabilities 25,203,000
Total Stockholder Equity+ 28,698,000
Total Assets = 53,915,000

Assets

Total Assets53,915,000
Total Current Assets9,708,000
Long-term Assets44,207,000
Total Current Assets
Cash And Cash Equivalents 2,227,000
Net Receivables 2,722,000
Inventory 4,030,000
Total Current Assets  (as reported)9,708,000
Total Current Assets  (calculated)8,979,000
+/- 729,000
Long-term Assets
Property Plant Equipment 39,668,000
Goodwill 2,923,000
Long Term Investments 558,000
Long-term Assets Other 287,000
Long-term Assets  (as reported)44,207,000
Long-term Assets  (calculated)43,436,000
+/- 771,000

Liabilities & Shareholders' Equity

Total Current Liabilities6,210,000
Long-term Liabilities18,993,000
Total Stockholder Equity28,698,000
Total Current Liabilities
Short Long Term Debt 179,000
Accounts payable 1,075,000
Other Current Liabilities 183,000
Total Current Liabilities  (as reported)6,210,000
Total Current Liabilities  (calculated)1,437,000
+/- 4,773,000
Long-term Liabilities
Long term Debt 7,108,000
Capital Lease Obligations Min Short Term Debt2,658,000
Long-term Liabilities Other 554,000
Long-term Liabilities  (as reported)18,993,000
Long-term Liabilities  (calculated)10,320,000
+/- 8,673,000
Total Stockholder Equity
Retained Earnings 8,913,000
Total Stockholder Equity (as reported)28,698,000
Total Stockholder Equity (calculated)8,913,000
+/- 19,785,000
Other
Capital Stock16,550,000
Common Stock Shares Outstanding 1,871,869
Net Debt 5,060,000
Net Invested Capital 35,466,000
Net Working Capital 3,498,000
Property Plant and Equipment Gross 65,896,000



Balance Sheet

Currency in CAD. All numbers in thousands.

 Trend2023-12-312023-09-302023-06-302023-03-312022-12-312022-09-302022-06-302022-03-312021-12-312021-09-302021-06-302021-03-312020-12-312020-09-302020-06-302020-03-312019-12-31
> Total Assets 
35,713,000
33,396,000
33,919,000
32,857,000
32,770,000
53,032,000
53,035,000
54,251,000
54,104,000
55,655,000
55,894,000
55,086,000
55,869,000
54,000,000
53,747,000
54,427,000
53,915,000
53,915,00054,427,00053,747,00054,000,00055,869,00055,086,00055,894,00055,655,00054,104,00054,251,00053,035,00053,032,00032,770,00032,857,00033,919,00033,396,00035,713,000
   > Total Current Assets 
3,284,000
1,656,000
2,650,000
2,667,000
2,976,000
7,211,000
7,905,000
9,539,000
11,988,000
14,584,000
15,321,000
12,263,000
12,430,000
9,999,000
9,950,000
10,745,000
9,708,000
9,708,00010,745,0009,950,0009,999,00012,430,00012,263,00015,321,00014,584,00011,988,0009,539,0007,905,0007,211,0002,976,0002,667,0002,650,0001,656,0003,284,000
       Cash And Cash Equivalents 
186,000
160,000
152,000
404,000
378,000
873,000
1,055,000
2,010,000
2,873,000
3,399,000
3,693,000
3,494,000
4,524,000
2,049,000
2,167,000
1,262,000
2,227,000
2,227,0001,262,0002,167,0002,049,0004,524,0003,494,0003,693,0003,399,0002,873,0002,010,0001,055,000873,000378,000404,000152,000160,000186,000
       Short-term Investments 
0
0
0
0
0
0
0
96,000
0
0
0
0
0
0
0
0
0
00000000096,0000000000
       Net Receivables 
206,000
835,000
1,400,000
1,151,000
1,213,000
3,507,000
3,639,000
4,063,000
3,035,000
5,994,000
5,848,000
4,413,000
3,192,000
3,429,000
3,241,000
4,534,000
2,722,000
2,722,0004,534,0003,241,0003,429,0003,192,0004,413,0005,848,0005,994,0003,035,0004,063,0003,639,0003,507,0001,213,0001,151,0001,400,000835,000206,000
       Inventory 
1,532,000
655,000
1,095,000
1,109,000
1,089,000
2,831,000
3,211,000
3,370,000
3,919,000
4,661,000
5,255,000
4,356,000
4,312,000
4,263,000
4,252,000
4,816,000
4,030,000
4,030,0004,816,0004,252,0004,263,0004,312,0004,356,0005,255,0004,661,0003,919,0003,370,0003,211,0002,831,0001,089,0001,109,0001,095,000655,0001,532,000
   > Long-term Assets 
32,429,000
31,740,000
31,269,000
30,190,000
29,794,000
45,821,000
45,130,000
44,712,000
42,116,000
41,071,000
40,573,000
42,823,000
43,439,000
44,001,000
43,797,000
43,682,000
44,207,000
44,207,00043,682,00043,797,00044,001,00043,439,00042,823,00040,573,00041,071,00042,116,00044,712,00045,130,00045,821,00029,794,00030,190,00031,269,00031,740,00032,429,000
       Property Plant Equipment 
0
29,257,000
28,778,000
27,700,000
27,173,000
41,368,000
40,699,000
40,387,000
36,955,000
36,026,000
35,492,000
38,450,000
39,029,000
39,420,000
39,244,000
39,261,000
39,668,000
39,668,00039,261,00039,244,00039,420,00039,029,00038,450,00035,492,00036,026,00036,955,00040,387,00040,699,00041,368,00027,173,00027,700,00028,778,00029,257,0000
       Goodwill 
2,272,000
2,272,000
2,272,000
2,272,000
2,272,000
2,984,000
2,984,000
2,984,000
3,473,000
3,473,000
3,473,000
2,923,000
2,923,000
2,923,000
2,923,000
2,923,000
2,923,000
2,923,0002,923,0002,923,0002,923,0002,923,0002,923,0003,473,0003,473,0003,473,0002,984,0002,984,0002,984,0002,272,0002,272,0002,272,0002,272,0002,272,000
       Long Term Investments 
52,000
54,000
53,000
53,000
149,000
583,000
557,000
518,000
441,000
452,000
383,000
416,000
420,000
479,000
484,000
484,000
558,000
558,000484,000484,000479,000420,000416,000383,000452,000441,000518,000557,000583,000149,00053,00053,00054,00052,000
       Intangible Assets 
101,000
98,000
95,000
91,000
89,000
85,000
83,000
81,000
78,000
76,000
73,000
71,000
19,000
16,000
14,000
11,000
0
011,00014,00016,00019,00071,00073,00076,00078,00081,00083,00085,00089,00091,00095,00098,000101,000
       Long-term Assets Other 
211,000
0
219,000
0
12,000
262,000
261,000
308,000
272,000
268,000
294,000
284,000
295,000
299,000
284,000
288,000
287,000
287,000288,000284,000299,000295,000284,000294,000268,000272,000308,000261,000262,00012,0000219,0000211,000
> Total Liabilities 
16,512,000
15,662,000
16,608,000
15,825,000
16,063,000
29,403,000
29,395,000
29,867,000
30,496,000
31,029,000
29,607,000
27,312,000
28,280,000
26,035,000
26,455,000
25,600,000
25,203,000
25,203,00025,600,00026,455,00026,035,00028,280,00027,312,00029,607,00031,029,00030,496,00029,867,00029,395,00029,403,00016,063,00015,825,00016,608,00015,662,00016,512,000
   > Total Current Liabilities 
2,521,000
2,335,000
2,160,000
1,936,000
2,359,000
5,311,000
6,596,000
7,112,000
7,305,000
9,140,000
8,865,000
7,934,000
8,021,000
6,118,000
6,624,000
7,205,000
6,210,000
6,210,0007,205,0006,624,0006,118,0008,021,0007,934,0008,865,0009,140,0007,305,0007,112,0006,596,0005,311,0002,359,0001,936,0002,160,0002,335,0002,521,000
       Short Long Term Debt 
0
602,000
299,000
137,000
121,000
266,000
697,000
593,000
79,000
62,000
0
0
115,000
0
0
14,000
179,000
179,00014,00000115,0000062,00079,000593,000697,000266,000121,000137,000299,000602,0000
       Accounts payable 
939,000
1,467,000
1,463,000
1,549,000
608,000
4,502,000
5,188,000
5,735,000
2,554,000
8,122,000
7,487,000
6,250,000
2,331,000
5,427,000
6,040,000
6,435,000
1,075,000
1,075,0006,435,0006,040,0005,427,0002,331,0006,250,0007,487,0008,122,0002,554,0005,735,0005,188,0004,502,000608,0001,549,0001,463,0001,467,000939,000
       Other Current Liabilities 
81,000
59,000
200,000
54,000
327,000
256,000
431,000
498,000
1,233,000
697,000
1,104,000
1,387,000
1,613,000
321,000
262,000
295,000
183,000
183,000295,000262,000321,0001,613,0001,387,0001,104,000697,0001,233,000498,000431,000256,000327,00054,000200,00059,00081,000
   > Long-term Liabilities 
13,991,000
13,327,000
14,448,000
13,889,000
13,704,000
24,092,000
22,799,000
22,755,000
23,191,000
21,889,000
20,742,000
19,378,000
20,259,000
19,917,000
19,831,000
18,395,000
18,993,000
18,993,00018,395,00019,831,00019,917,00020,259,00019,378,00020,742,00021,889,00023,191,00022,755,00022,799,00024,092,00013,704,00013,889,00014,448,00013,327,00013,991,000
       Long term Debt 
6,699,000
6,979,000
8,085,000
7,797,000
7,441,000
13,947,000
12,748,000
12,441,000
12,385,000
11,744,000
11,228,000
8,774,000
8,691,000
8,681,000
8,534,000
7,224,000
7,108,000
7,108,0007,224,0008,534,0008,681,0008,691,0008,774,00011,228,00011,744,00012,385,00012,441,00012,748,00013,947,0007,441,0007,797,0008,085,0006,979,0006,699,000
       Capital Lease Obligations Min Short Term Debt
1,916,000
1,929,000
1,863,000
1,833,000
1,757,000
3,172,000
3,087,000
3,075,000
2,957,000
2,906,000
2,866,000
2,869,000
2,836,000
2,815,000
2,774,000
2,733,000
2,658,000
2,658,0002,733,0002,774,0002,815,0002,836,0002,869,0002,866,0002,906,0002,957,0003,075,0003,087,0003,172,0001,757,0001,833,0001,863,0001,929,0001,916,000
       Other Liabilities 
0
4,626,000
4,698,000
4,455,000
4,690,000
7,260,000
7,244,000
7,525,000
8,121,000
7,498,000
6,922,000
8,032,000
9,040,000
0
0
0
0
00009,040,0008,032,0006,922,0007,498,0008,121,0007,525,0007,244,0007,260,0004,690,0004,455,0004,698,0004,626,0000
       Long-term Liabilities Other 
83,000
33,000
73,000
49,000
45,000
113,000
88,000
96,000
112,000
134,000
99,000
337,000
377,000
351,000
461,000
556,000
554,000
554,000556,000461,000351,000377,000337,00099,000134,000112,00096,00088,000113,00045,00049,00073,00033,00083,000
> Total Stockholder Equity
19,201,000
17,734,000
17,311,000
17,032,000
16,707,000
23,618,000
23,629,000
24,373,000
23,596,000
24,614,000
26,275,000
27,762,000
27,576,000
27,952,000
27,279,000
28,814,000
28,698,000
28,698,00028,814,00027,279,00027,952,00027,576,00027,762,00026,275,00024,614,00023,596,00024,373,00023,629,00023,618,00016,707,00017,032,00017,311,00017,734,00019,201,000
   Common Stock
0
11,040,000
11,040,000
11,040,000
11,040,000
17,152,000
17,153,000
17,152,000
17,016,000
16,874,000
16,653,000
16,431,000
16,320,000
0
0
0
0
000016,320,00016,431,00016,653,00016,874,00017,016,00017,152,00017,153,00017,152,00011,040,00011,040,00011,040,00011,040,0000
   Retained Earnings 
2,957,000
1,083,000
848,000
654,000
501,000
677,000
857,000
1,364,000
878,000
2,425,000
4,642,000
6,037,000
6,392,000
6,819,000
6,849,000
8,440,000
8,913,000
8,913,0008,440,0006,849,0006,819,0006,392,0006,037,0004,642,0002,425,000878,0001,364,000857,000677,000501,000654,000848,0001,083,0002,957,000
   Capital Surplus 00000000000000000
   Treasury Stock00000000000000000
   Other Stockholders Equity 
0
1,230,000
1,039,000
952,000
775,000
874,000
701,000
936,000
899,000
774,000
1,107,000
1,830,000
1,654,000
0
0
0
0
00001,654,0001,830,0001,107,000774,000899,000936,000701,000874,000775,000952,0001,039,0001,230,0000



Balance Sheet

Currency in CAD. All numbers in thousands.




Cash Flow

Currency in CAD. All numbers in thousands.




Income Statement

Currency in CAD. All numbers in thousands.


Latest Income Statement (annual, 2023-12-31)

Gross Profit (+$)
totalRevenue55,474,000
Cost of Revenue-42,770,000
Gross Profit12,704,00012,704,000
 
Operating Income (+$)
Gross Profit12,704,000
Operating Expense-49,852,000
Operating Income5,622,000-37,148,000
 
Operating Expense (+$)
Research Development0
Selling General Administrative688,000
Selling And Marketing Expenses0
Operating Expense49,852,000688,000
 
Net Interest Income (+$)
Interest Income217,000
Interest Expense-723,000
Other Finance Cost-32,000
Net Interest Income-538,000
 
Pretax Income (+$)
Operating Income5,622,000
Net Interest Income-538,000
Other Non-Operating Income Expenses0
Income Before Tax (EBT)5,040,0005,666,000
EBIT - interestExpense = -723,000
4,109,000
4,832,000
Interest Expense723,000
Earnings Before Interest and Taxes (EBIT)05,763,000
Earnings Before Interest and Taxes (EBITDA)0
 
After tax Income (+$)
Income Before Tax5,040,000
Tax Provision-931,000
Net Income From Continuing Ops4,109,0004,109,000
Net Income4,109,000
Net Income Applicable To Common Shares0
 
Non-recurring Events
Discontinued Operations0
Extraordinary Items0
Effect of Accounting Charges0
Other Items0
Non Recurring0
Other Operating Expenses0
Total Other Income/Expenses Net-44,000538,000
 

Technical Analysis of Cenovus
The psychology behind the price

Technical indicators reflecting market sentiment and the collective psychology of you and other traders. Your emotions and other traders' emotions, such as fear and greed, play a significant role in driving price movements.

General trend

First of all, I'm going to put something in the back of your mind. One of the most stable factors that gives you more confidence as a trader: the general trend of Cenovus. The general trend of Cenovus is BULLISH with 100.0% confidence. It is very important for your mental being to use each indicator with this in mind. But beware, also the general trend flips once in a while! You can use moving averages to determine Cenovus's overall trend. For convenience I use the most commonly used moving averages: 20, 50, 100 & 200. Of course you can use other moving averages or other indicators to determine the trend.

Indicator phases

Some of the indicators I use have 3 zones: overbought, oversold and neutral. Transitions between these zones (market phases) provide valuable trading signals and insights. Expecially with the general trend mind, I use the highlighted phases:

Indicator zone transitionsBullish trend (100.0%) Bearish trend (-100.0%)
Overbought to neutralBullish pullback=Bearish reversal
Upper to lower neutralBullish correction=Bearish continuation
Nuetral to oversoldOversold=Oversold
Oversold to neutralBullish reversal=Bearish correction
Lower to upper neutralBullish continuation=Bearish pullback
Nuetral to overboughtOverbought=Overbought

1. Price Targets

1.1 Support & Resistance

Support and resistance are levels on a price chart that act as barriers or zones where the price of an asset tends to stop, reverse, or experience a significant amount of buying or selling pressure.

Support is a price level at which demand for an asset is strong enough to prevent the price from falling further.
Resistance is a price level at which selling pressure becomes significant enough to prevent the price of an asset from rising further.


Score

Let's take a look at the Support & Resistance of Cenovus Energy Inc Preferred Series 5.

The long score for the Support & Resistance is 0/1.
The longshort score for the Support & Resistance is 0/(-1 +1).

  • Between support/resistance: The price is trading between support and resistance lines.

The bullish price targets are: .

The bearish price targets are: 22.99 > 22.75 > 22.72.

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Cenovus Energy Inc Preferred Series 5 Daily Support & Resistance Chart

2. Trend Indicators

2.1 Moving Averages

Shows the moving average of the selected period.

  • Moving averages are lagging trend indicators.
  • There are many types of moving averages.
  • Moving averages are also used within other indicators.

Score

Let's take a look at the Moving Averages of Cenovus Energy Inc Preferred Series 5. The current mas is .

The long score for the Moving Averages is 14/14.
The longshort score for the Moving Averages is 14/(-14 +14).

  • MA 20 trending up: The MA 20 is trending up. +1
  • Close > MA 20: The price is above the MA 20. +1
  • MA 20 > MA 50: The MA 20 is higher than the MA 50. +1
  • MA 20 > MA 100: The MA 20 is higher than the MA 100. +1
  • MA 20 > MA 200: The MA 20 is higher than the MA 200. +1
  • MA 50 trending up: The MA 50 is trending up. +1
  • Close > MA 50: The price is above the MA 50. +1
  • MA 50 > MA 100: The MA 50 is higher than the MA 100. +1
  • MA 50 > MA 200: The MA 50 is higher than the MA 200. +1
  • MA 100 trending up: The MA 100 is trending up. +1
  • Close > MA 100: The price is above the MA 100. +1
  • MA 100 > MA 200: The MA 100 is higher than the MA 200. +1
  • MA 200 trending up: The MA 200 is trending up. +1
  • Close > MA 200: The price is above the MA 200. +1

Directionalities and relatives.

Moving AverageAmount of candlesTrendPrice +/-vs. MA 50vs. MA 100vs. MA 200
MA 2020
MA 5050-
MA 100100--
MA 200200---

Explanation: https://www.youtube.com/watch?v=xwW8h0lrQ-I

Cenovus Energy Inc Preferred Series 5 Daily Moving Averages Chart
2.2 Moving Average Convergence/Divergence (MACD)

Shows the momentum of the selected period based on two moving averages.

  • MACD is a lagging momentum indicator.
  • Uses two moving averages.
  • Can show buy or sell signals based on momentum.
  • Can show overbought. and oversold. levels.

Score

Let's take a look at the Moving Average Convergence/Divergence (MACD) of Cenovus Energy Inc Preferred Series 5. The current macd is 0.1323908.

The long score for the Moving Average Convergence/Divergence (MACD) is 3/4.
The longshort score for the Moving Average Convergence/Divergence (MACD) is 2/(-4 +4).

  • MACD line > signal line: The MACD line is above the signal line, which indicates a bullish signal in the market. This means that the positive momentum is currently stronger than the average momentum, suggesting that buyers are more active than sellers, and there's a higher probability of the Cenovus price going up in the near term. +2
  • MACD > 0: The MACD is above the zero line (centerline), it indicates a bullish signal for Cenovus. This means that the short-term moving average is higher than the long-term moving average, signaling positive momentum and suggesting a higher likelihood of the Cenovus price continuing to rise in the near future. It indicates that buyers are gaining control, and there is optimism in the market, leading to potential price increases. +1
  • Trending down: The MACD line is trending down. This indicates that the short-term moving average is falling faster than the long-term moving average, suggesting negative momentum in the market. This signals that sellers are becoming more active and insecure, leading to potential price decreases as traders anticipate further losses and are willing to sell at lower prices. -1
Cenovus Energy Inc Preferred Series 5 Daily Moving Average Convergence/Divergence (MACD) ChartCenovus Energy Inc Preferred Series 5 Daily Moving Average Convergence/Divergence (MACD) Chart
2.3 Directional Movement Index (DMI)

The DMI is a collection of 3 indicators: +DI (Plus Direction Indicator), -DI (Minus Direction Indicator) and ADX (Average Directional Index). The ADX helps you determine the strength of a trend.


Score

Let's take a look at the Directional Movement Index (DMI) of Cenovus Energy Inc Preferred Series 5. The current adx is 42.69.

The long score for the Directional Movement Index (DMI) is 4/7.
The longshort score for the Directional Movement Index (DMI) is 4/(-7 +7).

  • PLUS_ID > MINUS_DI: The +DI line is above the -DI line. This indicates a bullish signal in the market, as the positive directional movement is currently stronger than the negative directional movement, showing that buyers have the upper hand. Market psychology suggests that traders are optimistic, expecting further price increases, and are more willing to buy Cenovus shares, leading to potential upward momentum in its price. +1
  • PLUS_ID > MINUS_DI && ADX > 25 && ADX trending up: The ADX is above 25 and indicates a strong bullish trend. The ADX is trending up, so the bullish trend is strengthening.
Cenovus Energy Inc Preferred Series 5 Daily Directional Movement Index (DMI) Chart
2.4 Parabolic SAR

Shows the current trend and potential entry and exit signals.

  • Parabolic SAR (stop and reverse) is a lagging trend indicator.
  • Shows the current trend.
  • Shows potential entry signals.
  • Shows  potential exit signals.
  • Can be used to place trailing stoplosses..

Score

Let's take a look at the Parabolic SAR of Cenovus Energy Inc Preferred Series 5. The current sar is 23.13.

The long score for the Parabolic SAR is 1/1.
The longshort score for the Parabolic SAR is 1/(-1 +1).

  • Close > SAR: The price is above the SAR. It's generally considered a bullish signal. +1
Cenovus Energy Inc Preferred Series 5 Daily Parabolic SAR Chart

3. Momentum Indicators

3.1 Relative Strength Index (RSI)

Measures the speed and change of price movements.

  • Leading momentum indicator, meaning the signals are instant.
  • Ranges between 0 and 100.
  • Above 70 is considered overbought.
  • Below 30 is considered oversold.
  • Above or below 50 can also be used to determine price trend or support and resistance.
  • RSI divergence looks at a deviation between RSI and price movement. Penketrading automatically calculates RSI divergences.
  • Can be used in many different ways

Score

Let's take a look at the Relative Strength Index (RSI) of Cenovus Energy Inc Preferred Series 5. The current rsi is 55.02. The current phase is Continuation in bull market.

The long score for the Relative Strength Index (RSI) is 3/13.
The longshort score for the Relative Strength Index (RSI) is 2/(-13 +13).

  • Continuation in bull market: Uptrend continues after a consolidation or pullback. Hold or add to existing positions.
  • Trending down: The RSI is trending down. -1
Cenovus Energy Inc Preferred Series 5 Daily Relative Strength Index (RSI) ChartCenovus Energy Inc Preferred Series 5 Daily Relative Strength Index (RSI) Chart
3.2 Stochastic Oscillator

Compares a certain price to multiple prices ranging over time.

  • Leading momentum indicator, meaning the signals are instant.
  • Used to determine overbought and oversold areas much like the RSI.
  • Ranges between 0 and 100.
  • Above 80 is considered overbought.
  • Below 20 is considered oversold.
  • Consists of two lines named K and D.
  • K compares the highest high and lowest low on the selected price range.
  • The D line is a moving average of the K line.
  • Can be used to spot divergences

Score

Let's take a look at the Stochastic Oscillator of Cenovus Energy Inc Preferred Series 5. The current phase is Continuation in bull market.

The long score for the Stochastic Oscillator is 1/6.
The longshort score for the Stochastic Oscillator is -2/(-6 +6).

  • STOCH > 50: The STOCH %K is above 50. There are more buyers than sellers. +1
  • STOCH %K line < STOCH %D line: The STOCH %K line is below the STOCH %D line, which indicates a bearish signal in the market. This means that the negative momentum is currently stronger than the average momentum, suggesting that sellers are more active than buyers, and there's a higher probability of the Cenovus price going down in the near term. -2
  • Trending down: The STOCH %K is trending down. -1
Cenovus Energy Inc Preferred Series 5 Daily Stochastic Oscillator ChartCenovus Energy Inc Preferred Series 5 Daily Stochastic Oscillator Chart
3.3 Commodity Channel Index (CCI)

Measures the difference between the current price and the historical average price.

  • Lagging or leading Momentum indicator
  • When the CCI is above zero, the price is above the historical average
  • When the CCI is below zero, the price is below the historical average
  • Used for spotting trends
    • If the CCI moves from negative or near zero to positive 100 that might indicate an uptrend
    • If the CCI moves from positive or near zero to negative -100 that might indicate a downtrend

Score

Let's take a look at the Commodity Channel Index (CCI) of Cenovus Energy Inc Preferred Series 5. The current cci is 86.00.

Cenovus Energy Inc Preferred Series 5 Daily Commodity Channel Index (CCI) ChartCenovus Energy Inc Preferred Series 5 Daily Commodity Channel Index (CCI) Chart
3.4 Chande Momentum Oscillator (CMO)

Measures the difference between the sum of recent gains and the sum of recent losses. Then divides the result by the sum of all price movements in that period.

  • Lagging momentum indicator
  • Ranges between +100 and -100
  • Considered overbought above +50
  • Considered oversold below -50
  • It's possible to add a moving average that acts as a signal line

Score

Let's take a look at the Chande Momentum Oscillator (CMO) of Cenovus Energy Inc Preferred Series 5. The current cmo is 8.96926953.

The long score for the Chande Momentum Oscillator (CMO) is 1/1.
The longshort score for the Chande Momentum Oscillator (CMO) is 1/(-1 +1).

  • CMO > 0: The CMO is above 0, the momentum of the price is positive, indicating a potential uptrend in the price. +1
Cenovus Energy Inc Preferred Series 5 Daily Chande Momentum Oscillator (CMO) ChartCenovus Energy Inc Preferred Series 5 Daily Chande Momentum Oscillator (CMO) Chart
3.5 Williams %R

 Shows the current price relative to the highest high over the last 14 days.
 

  • Lagging momentum indicator
  • Ranging between 0 and -100
  • Above -20 is considered overbought
  • Below -80 is considered oversold
  • Is prone to give false signals

Score

Let's take a look at the Williams %R of Cenovus Energy Inc Preferred Series 5. The current willr is -35.28503694.

The long score for the Williams %R is 0/1.
The longshort score for the Williams %R is 0/(-1 +1).

  • WILLR between -80 and -20: The Williams %R is between -80 and -20. This indicates that Cenovus is trading in a neutral price range, neither oversold nor overbought, suggesting a balanced market condition without any extreme price signals.
Cenovus Energy Inc Preferred Series 5 Daily Williams %R ChartCenovus Energy Inc Preferred Series 5 Daily Williams %R Chart

4. Volatility Indicators

4.1 Bollinger Bands

Shows if the price is to high or to low relative to an average.

  • Lagging volatility indicator
  • Uses 3 bands: one upper, one lower and one in the middle
  • Works best when the middle band reflects an intermediate trend (MA20).
  • When the price is moving closer to the upper band, the market might be overbought
  • When the price is moving closer to the lower band, the market might be oversold 

Score

Let's take a look at the Bollinger Bands of Cenovus Energy Inc Preferred Series 5.

Cenovus Energy Inc Preferred Series 5 Daily Bollinger Bands Chart
4.2 Average True Range (ATR)
Measures market volatility
  • Leading volatility indicator
  • Can be used to determine stop-loss positions
  • Calculated by:
    • Current high minus the current low
    • Current high minus the previous close
    • Current low minus the previous close
  • The larger the range of the candles, the greater the ATR value

Score

Let's take a look at the Average True Range (ATR) of Cenovus Energy Inc Preferred Series 5. The current atr is 0.23702161.

Cenovus Energy Inc Preferred Series 5 Daily Average True Range (ATR) ChartCenovus Energy Inc Preferred Series 5 Daily Average True Range (ATR) Chart

5. Volume Indicators

5.1 On-Balance Volume (OBV)

 Measures market volatility

  • Leading momentum indicator
  • Calculation:
    • If the closing price is above the previous closing price: OBV = previous OBV + current volume
    • If the closing price is below the previous closing price: OBV = previous OBV - current volume
    • If the closing price is the same as the previous closing price than the OBV is the same.
  • Can be used to confirm price trends
  • Can be used with divergences

Score

Let's take a look at the On-Balance Volume (OBV) of Cenovus Energy Inc Preferred Series 5. The current obv is 529,715.

Cenovus Energy Inc Preferred Series 5 Daily On-Balance Volume (OBV) ChartCenovus Energy Inc Preferred Series 5 Daily On-Balance Volume (OBV) Chart
5.2 Money Flow Index (MFI)

Measures the flow of money in and out of a security

  • Lagging momentum indicator
  • Looks like RSI but uses volume as an extra metric (RSI only considers price)
  • Above 80 is considered overbought
  • Below 20 is considered oversold
  • Can be used with divergences

Score

Let's take a look at the Money Flow Index (MFI) of Cenovus Energy Inc Preferred Series 5. The current mfi is 78.22.

The long score for the Money Flow Index (MFI) is 1/2.
The longshort score for the Money Flow Index (MFI) is 1/(-2 +2).

  • MFI > 50: +1
Cenovus Energy Inc Preferred Series 5 Daily Money Flow Index (MFI) ChartCenovus Energy Inc Preferred Series 5 Daily Money Flow Index (MFI) Chart

6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for Cenovus Energy Inc Preferred Series 5.

6.2. Trading Signals

Below you will find trading signals as the indicator is commonly used. This doesn't mean you should use it that way. Learn from these, but don't use them blindly. I recommend using at least 4 indicators, 1 from each category: trend, momentum, volatility and volume.

DateIndicatorSignal
2023-11-08ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-11-09ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-11-10ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-11-13STOCH LONG EXITThe %K line crosses below the %D line.
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2023-11-14STOCH SHORT EXITThe %K line crosses above the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-11-16STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-17STOCH SHORT EXITThe %K line crosses above the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-11-20STOCH LONG EXITThe %K line crosses below the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-11-21STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-22ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-11-27STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-29STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-30STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-01STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-04STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-07MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2023-12-08STOCH SHORT EXITThe %K line crosses above the %D line.
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2023-12-11MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2023-12-13STOCH LONG EXITThe %K line crosses below the %D line.
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2023-12-14CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2023-12-18BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2023-12-20STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-12-22STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-27MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2023-12-28STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-12-29CCI LONG ENTRY SHORT CLOSE100 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-02STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-03STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-04MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-05STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-08STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-09STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-11RSI SHORT ENTRY LONG CLOSE70 crossover to downside
2024-01-12MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-16STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-17SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2024-01-18STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-19SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-22SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
RSI SHORT ENTRY LONG CLOSE70 crossover to downside
STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-24SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-01-25SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-26STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-01-29SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
2024-01-30STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-31STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-01BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2024-02-05STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-06CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-02-08STOCH SHORT EXITThe %K line crosses above the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-02-09CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2024-02-12CCI LONG ENTRY SHORT CLOSE100 crossover to upside
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-02-13MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-02-14CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-02-15ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-16MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-20MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2024-02-21MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-02-22ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-23STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-27STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-02-28MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-29BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2024-03-04SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-03-06MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-03-07WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-03-11SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-03-13SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-03-14STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-03-15MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-03-19STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-03-20MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2024-03-21MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-03-22STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-03-26STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-03-27STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
MFI SHORT ENTRY LONG CLOSE80 crossover to downside

6.3. Candlestick Patterns

Cenovus Energy Inc Preferred Series 5 Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

Let's check the technical score of Cenovus Energy Inc Preferred Series 5 based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5055.016
Ma 20Greater thanMa 5023.353
Ma 50Greater thanMa 10023.183
Ma 100Greater thanMa 20022.277
OpenGreater thanClose23.500
Total4/5 (80.0%)
Penke

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