Rank Cenovus Energy Preferreds https://canadianpreferredshares.ca/rank-Cenovus-Energy-preferreds/


Rank Cenovus Energy Preferreds

This compare tool allows you to Rank Cenovus Energy Preferreds, based on the latest stock information available. Our goal is to provide you with the information and metrics related to the Cenovus Energy preferreds. Your goal is to establish which preferred will provide you the best returns. If you are buying today, these tools will expedite and aid the selection process. Given all the data available here, an informed decision is within reach.

In a market with low volumes you can use this information to identify mispriced shares. Since all preferreds belong to the same issuer, the risk is the same for all of them.

Cenovus Energy Brief Overview

Visit the Cenovus Energy company website to see the preferred share prospectus, news and other information.

Sector:Integrated Energy

Core businesses and operations:

  1. Light and medium crude, heavy crude, bitumen, natural gas liquids, and natural gas
  2. Heavy oil and oil sands production
  3. Integrated downstream and midstream value chain

The latest information and statistics on their common stock CVE, can be easily accessed using websites like TMX Money.

Next Dividend Pay Date: 2023Jun29. Dividend Payment Schedule: 2023DEC31 , 2023APR01 , 2023JUL02 , 2023SEP30

Next Ex-Dividend Date: 2023Jun14. Ex Dividend Date Schedule: 2023NOV23 , 2023MAR18 , 2023JUN07 , 2023AUG30

 

Cenovus Energy Preferred share Credit Ratings

The latest preferred share credit ratings for Cenovus Energy are listed in the table below. For additional information on credit rating agencies and codes see our article Credit Rating Symbols.

A.M. Best FITCH S&P DBRS S&P Global Moody's
PFD-3H

Cenovus Energy Common Share Metrics

Symbol: CVECurrency: CADMarket Cap: $31,841,770,302Price: $22.69
P/E: 8.35P/B: 1.48Dividend: $0.1050Yield: 1.85%
Beta: 1.9900

Cenovus Energy Overall Preferred Share Metrics

I have reviewed the full set of Cenovus Energy preferreds. Based on my review the following data points may be of interest to current and potential investors in the securities of "Cenovus Energy". In other words, this is what I think is worth highlighting in this set of preferred shares. In addition it provides a quick overview of the detailed information presented furher down this page.


# of Preferred issues: 5Lowest Current Yield: CVE-A @ 5.22%Highest Current Yield: CVE-B @ 10.21%Average Current Yield: 6.71%
# of 5YR Reset issues: 45YR Reset Lowest Reset Yield: CVE-C @ 9.52%5YR Reset Highest Reset Yield: CVE-A @ 10.77%5YR Reset Average Reset Yield: 9.87%
Lowest Rate Change Percent: CVE-E @ 34.00%Highest Rate Change Percent: CVE-A @ 103.0%Average Rate Change Percent: 54.80%
Market Cap at Market Value: 588,949,376Market Cap at Face Value: 900,000,000Discount Amount: 311,050,624Discount Percent: 34.56%
Percent of Total Market Cap at Market Value: 1.22%Percent of Total Market Cap at Face Value: 1.33%



 
 

Rank Cenovus Energy Preferreds - Compare Tool.

If you need more information on how to use the metrics below, watch our video Introduction to Compare Tools or see our post how to pick the best preferred share of a company


The following metrics are now only available on the premium version of this tool:


  1. Reset Date. The date of the upcoming reset for this issue. During the reset the new dividend will be determined by the issuer as outlined in the prospectus.
  2. Reset (Yield | Dividend).
  3. Blended (Yield | Dividend).
  4. Rate Change Percent.
  5. Rate Change To Value. This reflects the effect or the current price on the issue rate of the preferred. Here you see the percent increase/decrease of the new rate due to its drop or rise of its share value
  6. New Spread Change.
  7. New Spread Value.
  8. Short Position.
  9. Additional Features. A set of codes for additional features of the preferred share
  10. Years To Double Initial Investment.
  11. Outstanding float.
  12. Market Cap In Bilions.
  13. Common Stock P/E Ratio.
  14. Common Stock P/B Ratio.
  15. Common Stock Yield.
Last Updated: Market Data 2023-May-26 22:05, Model Metrics 2023-May-29 18:57
SymbolPrice52W High52W Low
Fixed Rate Baseyield and dividend for the current issue based on last night’s closing stock price
Current (Yield Dividend)Name
CVE-A CVE.PR.A CA4480552021 $12.33$17.12$12.335YR + 1.73%05.22% $0.6443CENOVUS_ENERGY_INC_FIRST_PREF_S_
CVE-C CVE.PR.C CA4480554001 $17.62$23.50$17.525YR + 3.13%06.65% $1.1725Cenovus_Energy_Inc._4.50%,_Series_3
CVE-E CVE.PR.E CA4480556089 $18.66$23.85$18.515YR + 3.57%06.15% $1.1478Cenovus_Energy_Inc._4.50%,_Series_5
CVE-G CVE.PR.G CA4480558069 $18.42$22.59$18.395YR + 3.52%05.34% $0.9838Cenovus_Energy_Inc._4.60%,_Series_7
CVE-B CVE.PR.B CA4480553011 $15.52$17.00$13.823MTH + 1.73%10.21% $1.58Cenovus_Energy_Inc_Pref_Series_2
 
 

Here is a Limited Version of the Premium - Compare Tool.

A limited number of rows is included with the full metrics. This is a sample only. See link at footer for information on subscription to the premium version


Last Updated: Market Data 2023-May-26 22:05, Model Metrics 2023-May-29 18:57
SymbolPrice52W High52W Low
Fixed Rate Baseyield and dividend for the current issue based on last night’s closing stock price
Current (Yield Dividend)
Reset (Yield Dividend)yield and dividend for the current issue after the upcoming reset
Blended (Yield Dividend)follow link passed the end of the table to see definition
Yield To CallReset Date Y/M/DPay Div DateEx Div DateRate Change percentRate Change to valueNew Spread valueShort PositionAdditional FeaturesYears To Double Initial InvestmentOutstanding FloatName
CVE-A CVE.PR.A CA4480552021 $12.33$17.12$12.335YR + 1.73%05.22% $0.644310.77% | $1.327207.44% $0.91 12@cy+8@ry27.41%2026-03-312023-06-292023-06-14103%10.8%3.50%39,652 Cumulative13.6210,435,932CENOVUS_ENERGY_INC_FIRST_PREF_S_
CVE-C CVE.PR.C CA4480554001 $17.62$23.50$17.525YR + 3.13%06.65% $1.172509.52% | $1.677208.51% $1.50 7@cy+13@ry27.38%2024-12-312023-06-292023-06-14041%9.52%4.44%10,662 Cumulative10.7610,000,000Cenovus_Energy_Inc._4.50%,_Series_3
Rank Cenovus Energy Preferreds https://canadianpreferredshares.ca/rank-Cenovus-Energy-preferreds/

Additional Information

Continue to Rank Cenovus Energy Preferreds  page 2 of 4 where you can find

  1. What if “Yield Scenarios” for 5 year resets.
  2. Graph of all preferred share yields
  3. Propsectus Information