Cenovus Property Plant And Equipment Net from 2010 to 2024
| CVE Stock | USD 19.36 0.45 2.38% |
Property Plant And Equipment Net | First Reported 2009-09-30 | Previous Quarter 38.9 B | Current Value 38.9 B | Quarterly Volatility 9.4 B |
Check Cenovus Energy financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Cenovus Energy's main balance sheet or income statement drivers, such as Depreciation And Amortization of 2.5 B, Interest Expense of 557.4 M or Selling General Administrative of 443.6 M, as well as many indicators such as Price To Sales Ratio of 1.21, Dividend Yield of 0.0232 or PTB Ratio of 1.82. Cenovus financial statements analysis is a perfect complement when working with Cenovus Energy Valuation or Volatility modules.
Cenovus | Property Plant And Equipment Net |
Latest Cenovus Energy's Property Plant And Equipment Net Growth Pattern
Below is the plot of the Property Plant And Equipment Net of Cenovus Energy over the last few years. It is the total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production. Cenovus Energy's Property Plant And Equipment Net historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Cenovus Energy's overall financial position and show how it may be relating to other accounts over time.
| Property Plant And Equipment Net | 10 Years Trend |
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Property Plant And Equipment Net |
| Timeline |
Cenovus Property Plant And Equipment Net Regression Statistics
| Arithmetic Mean | 25,667,142,683 | |
| Geometric Mean | 24,312,796,685 | |
| Coefficient Of Variation | 33.74 | |
| Mean Deviation | 7,492,343,838 | |
| Median | 26,744,720,248 | |
| Standard Deviation | 8,660,284,767 | |
| Sample Variance | 75000532.2T | |
| Range | 24.1B | |
| R-Value | 0.85 | |
| Mean Square Error | 22593165.2T | |
| R-Squared | 0.72 | |
| Significance | 0.000063 | |
| Slope | 1,643,489,649 | |
| Total Sum of Squares | 1050007451.3T |
Cenovus Property Plant And Equipment Net History
About Cenovus Energy Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include Cenovus Energy income statement, its balance sheet, and the statement of cash flows. Cenovus Energy investors use historical funamental indicators, such as Cenovus Energy's Property Plant And Equipment Net, to determine how well the company is positioned to perform in the future. Although Cenovus Energy investors may use each financial statement separately, they are all related. The changes in Cenovus Energy's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Cenovus Energy's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Cenovus Energy Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Cenovus Energy. Please read more on our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Property Plant And Equipment Net | 38.9 B | 26.7 B |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Additional Information and Resources on Investing in Cenovus Stock
When determining whether Cenovus Energy is a strong investment it is important to analyze Cenovus Energy's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Cenovus Energy's future performance. For an informed investment choice regarding Cenovus Stock, refer to the following important reports:Check out the analysis of Cenovus Energy Correlation against competitors. For information on how to trade Cenovus Stock refer to our How to Trade Cenovus Stock guide.You can also try the Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.
Is Oil, Gas & Consumable Fuels space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Cenovus Energy. If investors know Cenovus will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Cenovus Energy listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.938 | Dividend Share 0.56 | Earnings Share 1.77 | Revenue Per Share 28.291 | Quarterly Revenue Growth 0.093 |
The market value of Cenovus Energy is measured differently than its book value, which is the value of Cenovus that is recorded on the company's balance sheet. Investors also form their own opinion of Cenovus Energy's value that differs from its market value or its book value, called intrinsic value, which is Cenovus Energy's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Cenovus Energy's market value can be influenced by many factors that don't directly affect Cenovus Energy's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Cenovus Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if Cenovus Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Cenovus Energy's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.