Alan Reid - Cenovus Energy President

CVE Stock  USD 20.20  0.23  1.15%   

President

Mr. Alan Craig Reid serves as Executive Vice President Stakeholder Engagement, Safety, Legal General Counsel of the Company. Mr. Reid became Executive VicePresident, Stakeholder Engagement, Safety Legal and General Counsel on December 14, 2017. From December 1, 2015 to December 13, 2017, Mr. Reid was Executive VicePresident, Environment, Corporationrationrate Affairs Legal and General Counsel from September 2015 to November 2015, Mr. Reid was Executive VicePresident, Environment, Corporationrationrate Affairs Legal from January 2014 to August 2015, Mr. Reid was Senior VicePresident, Christina Lake Narrows Lake from January 2012 to January 2014, Mr. Reid was Cenovuss Senior VicePresident, Christina Lake and from November 2009 to January 2012, Mr. Reid was VicePresident, Regulatory, Health Safety of Cenovus. since 2017.
Tenure 7 years
Professional MarksMBA
Address 4100, 225 ? 6 Avenue SW, Calgary, AB, Canada, T2P 0M5
Phone403 766 2000
Webhttps://www.cenovus.com

Alan Reid Latest Insider Activity

Tracking and analyzing the buying and selling activities of Alan Reid against Cenovus Energy stock is an integral part of due diligence when investing in Cenovus Energy. Alan Reid insider activity provides valuable insight into whether Cenovus Energy is net buyers or sellers over its current business cycle. Note, Cenovus Energy insiders must abide by specific rules, including filing SEC forms every time they buy or sell Cenovus Energy'sshares to prevent insider trading or benefiting illegally from material non-public information that their positions give them access to.

Cenovus Energy Management Efficiency

The company has Return on Asset of 0.0717 % which means that on every $100 spent on assets, it made $0.0717 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.1611 %, implying that it generated $0.1611 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 May 18, 2024, Return On Tangible Assets is expected to decline to 0.04. In addition to that, Return On Capital Employed is expected to decline to 0.07. 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.
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.
Steven Leer, Independent Director
Keith Chiasson, Executive Vice President - Downstream
Wayne Shaw, Independent Director
Joseph Zieglgansberger, Executive Officer
Karamjit Sandhar, Executive Vice President - Strategy & Corporate Development
Kin Fok, Non-Independent Director
Gary Molnar, Vice-President - Legal, Assistant General Counsel and Corporate Secretary
Canning Fok, Non-Independent Director
Norrie Ramsay, Executive Vice President, Upstream - Thermal, Major Projects & Offshore
Harbir Chhina, Executive Vice President, Chief Technology Officer
Alexander Pourbaix, President, Chief Executive Officer, Non-Independent Director
Susan Dabarno, Independent Director
Harold Kvisle, Independent Director
P Dahlin, Executive Vice President - Safety & Operations Technical Services
Rhona Delfrari, Senior Vice President - Stakeholder Engagement, Chief Sustainability Officer
Kam CA, Executive CFO
Jason Abbate, Senior Relations
Jonathan CA, CEO President
Jonathan McKenzie, Chief Financial Officer, Executive Vice President
Eva Kwok, Independent Director
Jeffrey Hart, Chief Financial Officer, Executive Vice President
Jane Kinney, 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
Susan Anderson, VicePres Services
Rhonda Zygocki, Independent Director
J Zieglgansberger, Executive Vice President, Upstream - Conventional & Integration
Keith MacPhail, Independent Chairman of the Board
Keith Casey, Independent Director
Claude Mongeau, Independent Director
Sherry Wendt, Director Relations
Jeffery LLB, Senior Development
Richard Marcogliese, Independent Director

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.

Also Currently Popular

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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 Money Managers module to screen money managers from public funds and ETFs managed around the world.

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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
0.938
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.