Headlines about Cenovus Energy (NYSE:CVE) (TSE:CVE) have trended somewhat positive recently, Accern Sentiment Analysis reports. The research firm identifies positive and negative news coverage by reviewing more than 20 million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. Cenovus Energy earned a news impact score of 0.04 on Accern’s scale. Accern also assigned media stories about the oil and gas company an impact score of 45.4055997766546 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the next several days.
These are some of the news articles that may have impacted Accern’s rankings:
Shares of Cenovus Energy (CVE) opened at $10.46 on Thursday. Cenovus Energy has a 1-year low of $6.76 and a 1-year high of $15.21. The company has a market cap of $12,860.00, a PE ratio of 4.55 and a beta of 0.62. The company has a quick ratio of 1.10, a current ratio of 1.41 and a debt-to-equity ratio of 0.62.
The firm also recently announced a quarterly dividend, which was paid on Friday, December 29th. Stockholders of record on Friday, December 15th were issued a dividend of $0.039 per share. The ex-dividend date was Thursday, December 14th. This represents a $0.16 annualized dividend and a dividend yield of 1.49%. Cenovus Energy’s payout ratio is 6.96%.
Several research analysts have recently weighed in on CVE shares. Zacks Investment Research cut shares of Cenovus Energy from a “hold” rating to a “sell” rating in a report on Monday. Scotiabank cut shares of Cenovus Energy from an “outperform” rating to a “sector perform” rating in a report on Wednesday, November 15th. AltaCorp Capital cut Cenovus Energy from an “outperform” rating to a “sector perform” rating in a research note on Thursday, November 9th. Canaccord Genuity reissued a “buy” rating and issued a $15.50 target price on shares of Cenovus Energy in a research note on Monday, October 30th. Finally, Royal Bank of Canada reaffirmed a “buy” rating and set a $15.00 price objective on shares of Cenovus Energy in a research note on Monday, October 16th. Five analysts have rated the stock with a sell rating, five have given a hold rating and seven have assigned a buy rating to the company. The company presently has a consensus rating of “Hold” and an average target price of $14.42.
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About Cenovus Energy
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