Cenovus Energy ROCE 2024

Cenovus Energy Aktienanalyse

What does Cenovus Energy do?

Cenovus Energy Inc. is a Canadian company that started operating in 2009. Its headquarters are located in Calgary, Alberta. However, the company's history dates back to 1881 when the Canadian Pacific Railway was founded. Over the following decades, the company became one of the largest in Canada and soon began to venture into the energy generation sector. When Canadian Pacific Railway acquired PanCanadian Energy Corporation in 2001, it transformed into an independent company known as EnCana Corporation. After some restructuring, Cenovus Energy Inc. was finally established in 2009 as an independent company. Cenovus Energy Inc.'s business model focuses on the exploration and production of oil and gas in both Canada and the United States. Various methods are used to access these valuable resources, with oil sands extraction playing a particularly significant role in extracting oil from the vast reserves in Alberta and Saskatchewan. Overall, Cenovus Energy Inc. can be divided into three main segments: - Exploration & Production: This involves searching for oil and gas reserves, as well as developing and operating extraction facilities. - Conventional Oil: This segment focuses on the extraction of conventional oil using traditional methods. - Refining & Marketing: This involves processing crude oil into various products such as gasoline, lubricants, and heating oil, which are then sold. Cenovus Energy has become one of the largest energy companies in Canada, employing over 8,000 employees. The company is listed on the Toronto Stock Exchange and the New York Stock Exchange. Cenovus Energy's products mainly include various oil and gas products that are marketed both domestically and internationally, with a focus on supplying North American companies. However, renewable energy production is not part of Cenovus Energy's core business. Cenovus Energy is also actively working to make its production more environmentally friendly. The company has significantly expanded its investment program in renewable energy to meet the energy needs of its production facilities. Additionally, technologies to reduce CO2 emissions are being implemented, and recycling processes are being developed. Overall, Cenovus Energy Inc. is an important player in the Canadian and North American energy industry. However, its focus on extracting fossil fuels also places it within the discussion on sustainable environmental practices and transitioning to renewable energy sources. Cenovus Energy ist eines der beliebtesten Unternehmen auf Eulerpool.com.

ROCE Details

Unraveling Cenovus Energy's Return on Capital Employed (ROCE)

Cenovus Energy's Return on Capital Employed (ROCE) is a financial metric that measures the company's profitability and efficiency with respect to the capital employed. It is calculated by dividing earnings before interest and tax (EBIT) by the employed capital. A higher ROCE indicates that the company is effectively utilizing its capital to generate profits.

Year-to-Year Comparison

Analyzing Cenovus Energy's ROCE annually provides valuable insights into its efficiency in using its capital to generate profits. An increasing ROCE indicates improved profitability and operational efficiency, whereas a decrease might signal potential issues in capital utilization or business operations.

Impact on Investments

Cenovus Energy's ROCE is a critical factor for investors and analysts for evaluating the company’s efficiency and profitability. A higher ROCE can make the company an attractive investment, as it often signifies that the firm is generating adequate profits from its employed capital.

Interpreting ROCE Fluctuations

Changes in Cenovus Energy’s ROCE are attributed to variations in EBIT or the capital employed. These fluctuations offer insights into the company’s operational efficiency, financial performance, and strategic financial management, assisting investors in making informed investment decisions.

Frequently Asked Questions about Cenovus Energy Stock

What is the ROCE (Return on Capital Employed) of Cenovus Energy this year?

The ROCE of Cenovus Energy is 0.2 undefined this year.

How has the ROCE (Return on Capital Employed) of Cenovus Energy developed compared to the previous year?

The ROCE of Cenovus Energy has increased by -51.02% decreased compared to the previous year.

What does a high ROCE (Return on Capital Employed) mean for investors of Cenovus Energy?

A high Return on Capital Employed (ROCE) indicates that Cenovus Energy has efficient capital utilization and is able to achieve a higher return on its invested capital. This can be appealing to investors.

What does a low ROCE (Return on Capital Employed) mean for investors of Cenovus Energy?

A low ROCE (Return on Capital Employed) can indicate that Cenovus Energy has an inefficient utilization of its capital and may have difficulty in achieving a satisfactory return on its invested capital. This can be uncertain or unattractive for investors.

How does an increase in ROCE from Cenovus Energy impact the company?

An increase in the ROCE of Cenovus Energy can be an indicator of improved company efficiency and show that it is achieving higher profits in relation to its investments.

How does a reduction in the ROCE of Cenovus Energy affect the company?

A decrease in ROCE of Cenovus Energy can be an indicator of deteriorated efficiency of the company, indicating that it is generating lower profits in relation to its investments.

What are some factors that can influence the ROCE of Cenovus Energy?

Some factors that can affect Cenovus Energy's ROCE include efficiency in managing assets, profitability of investments, cost efficiency, and market conditions.

Why is the ROCE of Cenovus Energy so important for investors?

The ROCE of Cenovus Energy is important for investors as it is an indicator of the company's efficiency and shows how successful the company is in relation to its investments. A high ROCE can indicate strong financial performance of the company.

What strategic measures can Cenovus Energy take to improve the ROCE?

To improve the ROCE, Cenovus Energy can take measures such as increasing efficiency in asset management, optimizing investments, cost savings, and exploring new revenue sources. It is important for the company to conduct a thorough review of its operations to determine the best strategic actions to improve the ROCE.

How much dividend does Cenovus Energy pay?

Over the past 12 months, Cenovus Energy paid a dividend of 0.67 CAD . This corresponds to a dividend yield of about 2.51 %. For the coming 12 months, Cenovus Energy is expected to pay a dividend of 0.79 CAD.

What is the dividend yield of Cenovus Energy?

The current dividend yield of Cenovus Energy is 2.51 %.

When does Cenovus Energy pay dividends?

Cenovus Energy pays a quarterly dividend. This is distributed in the months of January, April, June, July.

How secure is the dividend of Cenovus Energy?

Cenovus Energy paid dividends every year for the past 18 years.

What is the dividend of Cenovus Energy?

For the upcoming 12 months, dividends amounting to 0.79 CAD are expected. This corresponds to a dividend yield of 2.98 %.

In which sector is Cenovus Energy located?

Cenovus Energy is assigned to the 'Energy' sector.

Wann musste ich die Aktien von Cenovus Energy kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Cenovus Energy from 6/28/2024 amounting to 0.18 CAD, you needed to have the stock in your portfolio before the ex-date on 6/14/2024.

When did Cenovus Energy pay the last dividend?

The last dividend was paid out on 6/28/2024.

What was the dividend of Cenovus Energy in the year 2023?

In the year 2023, Cenovus Energy distributed 0.464 CAD as dividends.

In which currency does Cenovus Energy pay out the dividend?

The dividends of Cenovus Energy are distributed in CAD.