Robert Pease - Cenovus Energy President

CVE Stock  USD 19.99  0.15  0.76%   

President

Mr. Robert William Pease serves as Executive Vice President Strategic Planning, President, Downstream of the Company. As Executive VicePresident, Strategic Planning President, Downstream, Robert is accountable for Cenovus strategic business plan, including portfolio management. He is also accountable for our refining joint venture, all commercial activities associated with crude oil, diluent, natural gas, natural gas liquids and other hydrocarbon products produced or acquired by Cenovus, and with developing shortterm and longterm strategies aimed at maximizing value along the integrated value chain. Robert also ensures Cenovuss marketing and hedging strategies reduce the companys exposure to risk and commodity price fluctuations. Before joining Cenovus, Robert was President Chief Executive Officer of Houstonbased Motiva Enterprises LLC, a large refining, distribution and marketing joint venture between subsidiaries of Royal Dutch Shell and Saudi Aramco. Prior to that he was President of Shell Trading Company and also held a variety of positions in Equilon Enterprises LLC, Star Enterprise LLC, and Texaco USA. With more than 35 years in the industry, Roberts experience encompasses many facets of U.S. downstream business and offers a global perspective from his years in supply and trading, and his involvement in three joint venture companies. Robert earned a BS in chemical engineering and a minor in economics from RoseHulman Institute of Technology and is a graduate of the University of Virginia, Darden Graduate School of Business, Executive Program. since 2016.
Tenure 8 years
Address 4100, 225 ? 6 Avenue SW, Calgary, AB, Canada, T2P 0M5
Phone403 766 2000
Webhttps://www.cenovus.com

Cenovus Energy Management Efficiency

The company has Return on Asset of 0.0616 % which means that on every $100 spent on assets, it made $0.0616 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.146 %, implying that it generated $0.146 on every 100 dollars invested. Cenovus Energy's management efficiency ratios could be used to measure how well Cenovus Energy manages its routine affairs as well as how well it operates its assets and liabilities. As of March 29, 2024, Return On Capital Employed is expected to decline to 0.07. In addition to that, Return On Assets is expected to decline to 0.04. At present, Cenovus Energy's Other Current Assets are projected to increase significantly based on the last few years of reporting. The current year's Net Tangible Assets is expected to grow to about 29.1 B, whereas Non Current Assets Total are forecasted to decline to about 29.8 B.
The company has 9.95 B in debt with debt to equity (D/E) ratio of 0.54, which is OK given its current industry classification. Cenovus Energy has a current ratio of 1.7, which is typical for the industry and considered as normal. Debt can assist Cenovus Energy until it has trouble settling it off, either with new capital or with free cash flow. So, Cenovus Energy's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Cenovus Energy sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Cenovus to invest in growth at high rates of return. When we think about Cenovus Energy's use of debt, we should always consider it together with cash and equity.

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Cenovus Energy Inc., together with its subsidiaries, develops, produces, and markets crude oil, natural gas liquids, and natural gas in Canada, the United States, and the Asia Pacific region. Cenovus Energy Inc. was founded in 2009 and is headquartered in Calgary, Canada. Cenovus Energy operates under Oil Gas Integrated classification in the United States and is traded on New York Stock Exchange. It employs 5938 people. Cenovus Energy (CVE) is traded on New York Stock Exchange in USA. It is located in 4100, 225 ? 6 Avenue SW, Calgary, AB, Canada, T2P 0M5 and employs 6,925 people. Cenovus Energy is listed under Oil, Gas & Consumable Fuels category by Fama And French industry classification.

Management Performance

Cenovus Energy Leadership Team

Elected by the shareholders, the Cenovus Energy's board of directors comprises two types of representatives: Cenovus Energy inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Cenovus. The board's role is to monitor Cenovus Energy's management team and ensure that shareholders' interests are well served. Cenovus Energy's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Cenovus Energy's outside directors are responsible for providing unbiased perspectives on the board's policies.
Kieron McFayden, Executive Vice President and Presidentident - Upstream Oil & Gas
Keith Chiasson, Executive Vice President - Downstream
Wayne Shaw, Independent Director
Jacqueline McGillivray, Executive Vice President - Safety & Organization Effectiveness
Valerie Nielsen, Independent Director
Kam Sandhar, Senior Vice-President, Strategy & Corporate Development
Joseph Zieglgansberger, Executive Officer
Kin Fok, Non-Independent Director
Gary Molnar, Vice-President - Legal, Assistant General Counsel and Corporate Secretary
Ralph Cunningham, Independent Director
Michael Grandin, Independent Chairman of the Board
Drew Zieglgansberger, Executive Vice-President - Oil Sands Manufacturing
Colin Taylor, Independent Director
Harbir Chhina, Executive Vice President, Chief Technology Officer
Ian Delaney, Independent Director
Susan Dabarno, Independent Director
Harold Kvisle, Independent Director
P Dahlin, Executive Vice President - Safety & Operations Technical Services
Jason Abbate, Senior Relations
Jonathan McKenzie, Chief Financial Officer, Executive Vice President
Jeffrey Hart, Chief Financial Officer, Executive Vice President
Charles Rampacek, Independent Director
Sarah Walters, Senior Vice President - Corporate Services, Director
Alan Reid, Executive Vice President - Environment, Corporate affairs and Legal, General Counsel
M Lewis, Independent Director
Frank Sixt, Non-Independent Director
Brian Ferguson, President CEO, Non-Independent Director
J Zieglgansberger, Executive Vice President, Upstream - Conventional & Integration
Robert Pease, Executive Vice-President of Corporate Strategy and President of Downstream
Keith Casey, Independent Director
Sherry Wendt, Director Relations
Richard Marcogliese, Independent Director
Steven Leer, Independent Director
Ivor Ruste, CFO, Executive Vice President
Karamjit Sandhar, Executive Vice President - Strategy & Corporate Development
Canning Fok, Non-Independent Director
Jacqui McGillivray, Executive Vice President - Safety & Organization Effectiveness
Norrie Ramsay, Executive Vice President, Upstream - Thermal, Major Projects & Offshore
Alexander Pourbaix, President, Chief Executive Officer, Non-Independent Director
Rhona Delfrari, Senior Vice President - Stakeholder Engagement, Chief Sustainability Officer
Kam CA, Executive CFO
Jonathan CA, CEO President
Eva Kwok, Independent Director
Patrick Daniel, Independent Chairman of the Board
Jane Kinney, Independent Director
Judy Fairburn, Executive Vice President - Business Innovation
Susan Anderson, VicePres Services
Wayne Thomson, Independent Director
Rhonda Zygocki, Independent Director
Alex Pourbaix, President CEO, Director
Keith MacPhail, Independent Chairman of the Board
Claude Mongeau, Independent Director
Jeffery LLB, Senior Development

Cenovus Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Cenovus Energy a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Cenovus Energy Investors Sentiment

The influence of Cenovus Energy's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Cenovus. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Cenovus Energy's public news can be used to forecast risks associated with an investment in Cenovus. The trend in average sentiment can be used to explain how an investor holding Cenovus can time the market purely based on public headlines and social activities around Cenovus Energy. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Cenovus Energy's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Cenovus Energy's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Cenovus Energy's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Cenovus Energy.

Cenovus Energy Implied Volatility

    
  26.26  
Cenovus Energy's implied volatility exposes the market's sentiment of Cenovus Energy stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Cenovus Energy's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Cenovus Energy stock will not fluctuate a lot when Cenovus Energy's options are near their expiration.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Cenovus Energy in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Cenovus Energy's short interest history, or implied volatility extrapolated from Cenovus Energy options trading.

Pair Trading with Cenovus Energy

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Cenovus Energy position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Cenovus Energy will appreciate offsetting losses from the drop in the long position's value.

Moving together with Cenovus Stock

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Moving against Cenovus Stock

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The ability to find closely correlated positions to Cenovus Energy could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Cenovus Energy when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Cenovus Energy - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Cenovus Energy to buy it.
The correlation of Cenovus Energy is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Cenovus Energy moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Cenovus Energy moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Cenovus Energy can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Cenovus Energy. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in real.
For information on how to trade Cenovus Stock refer to our How to Trade Cenovus Stock guide.
You can also try the Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.

Complementary Tools for Cenovus Stock analysis

When running Cenovus Energy's price analysis, check to measure Cenovus Energy's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Cenovus Energy is operating at the current time. Most of Cenovus Energy's value examination focuses on studying past and present price action to predict the probability of Cenovus Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cenovus Energy's price. Additionally, you may evaluate how the addition of Cenovus Energy to your portfolios can decrease your overall portfolio volatility.
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Is Cenovus Energy's industry 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
(0.03)
Dividend Share
0.525
Earnings Share
1.56
Revenue Per Share
27.541
Quarterly Revenue Growth
(0.07)
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.