|Bid||7.45 x 3000|
|Ask||7.50 x 38500|
|Day's range||7.39 - 7.58|
|52-week range||1.41 - 7.72|
|Beta (5Y monthly)||3.79|
|PE ratio (TTM)||N/A|
|Forward dividend & yield||0.06 (0.78%)|
|Ex-dividend date||12 Mar 2021|
|1y target est||N/A|
Lower contributions from oil sands operations hurt Cenovus Energy's (CVE) Q4 earnings.
CALGARY, Alberta (AP) _ Cenovus Energy Inc. (CVE) on Tuesday reported a fourth-quarter loss of $117.4 million, after reporting a profit in the same period a year earlier. The Calgary, Alberta-based company said it had a loss of 10 cents per share. The average estimate of three analysts surveyed by Zacks Investment Research was for a loss of 6 cents per share.
Canada's Cenovus Energy Inc on Thursday forecast higher production and spending for 2021 after its purchase of rival Husky Energy but stressed its focus on cutting debt as the oil industry rebounds from the depths of the COVID-19 pandemic. Cenovus agreed to buy rival Husky last year to create Canada's No. 3 oil and gas producer, as historically low oil prices caused by a collapse in fuel demand due to COVID-19 and a price war between Saudi Arabia and Russia forced the industry to consolidate.