CVE (CVE) Stock

About CVE

CVE is led by CEO Jonathan McKenzie, employs 7,150 people, headquartered in Calgary, CA, publicly traded since 2009.

CVE stock trades at $32.87 with a market capitalization of $60.61B. The stock is valued at a price-to-earnings (P/E) ratio of 12.16, price-to-book of 2.39, price-to-sales of 1.50. Over the past 52 weeks the stock has ranged between $15.63 and $33.40, and currently trades 1.6% below its 52-week high. It pays a dividend yielding 1.99%.

On profitability, CVE generates a return on equity (ROE) of 21.02% — well above the market average, a sign of a high-quality business, return on capital employed of 18.04%, an operating margin of 8.82%, a net profit margin of 12.37%.

In its most recent fiscal year, CVE reported annual revenue of $49.7B, net profit of $3.9B, revenue has compounded at 29.0% a year over the last five years.

The balance sheet shows a debt-to-equity ratio of 0.34 — a conservative balance sheet with little leverage risk, a current ratio of 1.57, total assets of $63.4B, $2.7B in cash and equivalents.

CVE has an average daily trading volume of 7,902,444 shares, a beta of 0.49 (less volatile than the overall market).