Sector: Energy | Industry: Integrated Oil & Gas |
Company Contact | |
Address: | 4100, 225 - 6th Avenue SW CALGARY AB T2P 1N2 |
Tel: | N/A |
Website: | https://www.cenovus.com |
IR: | See website |
Key People | ||
Alexander J. Pourbaix President, Chief Executive Officer, Director | Susan M. Anderson Senior Vice President - People Services | Jeffrey Ryan Hart Chief Financial Officer, Executive Vice President |
Jonathan M. Mckenzie Chief Operating Officer, Executive Vice President | Keith A. Chiasson Executive Vice President - Downstream | P. Andrew Dahlin Executive Vice President - Corporate and Operations Services |
Norrie C. Ramsay Executive Vice President, Upstream - Thermal, Major Projects and Offshore | Karamjit S. Sandhar Executive Vice President - Strategy and Corporate Development | J. Drew Zieglgansberger Executive Vice President, Natural Gas and Technical Services | Gary Frederick Molnar Senior Vice President - Legal, General Counsel and Corporate Secretary |
Business Overview |
Cenovus Energy Inc. is a Canada-based integrated energy company. The Company has oil and natural gas production operations in Canada and the Asia Pacific region, and upgrading, refining and marketing operations in Canada and the United States. The Company's segments include Upstream, Downstream, and Corporate and Eliminations. Its Upstream segment includes Oil Sands, Conventional, and Offshore. Its Downstream segment consists of Canadian Manufacturing, and United States Manufacturing. The Company's upstream operations include oil sands projects in northern Alberta, thermal and conventional crude oil, natural gas and natural gas liquids (NGLs) projects across Western Canada, crude oil production offshore Newfoundland and Labrador and natural gas and NGLs production offshore China and Indonesia. The Company's downstream operations include upgrading and refining operations in Canada and the United States, and commercial fuel operations across Canada. |
Financial Overview |
For the fiscal year ended 31 December 2023, Cenovus Energy Inc revenues decreased 22% to C$52.2B. Net income applicable to common stockholders decreased 37% to C$4.07B. Revenues reflect Oil Sands segment decrease of 24% to C$23.13B, U.S. Manufacturing segment decrease of 13% to C$26.39B, Canada segment decrease of 24% to C$25.13B, United States segment decrease of 20% to C$25.94B. |
Employees: | 5,998 as of Dec 31, 2022 |
Reporting Currency: | Canadian Dollars |
Enterprise value: | $61,375M as of Dec 31, 2023 |
Annual revenue (TTM): | $52,204M as of Dec 31, 2023 |
EBITDA (TTM): | $10,270M as of Dec 31, 2023 |
Net annual income (TTM): | $4,073M as of Dec 31, 2023 |
Free cash flow (TTM): | $2,064M as of Dec 31, 2023 |
Net Debt Last Fiscal Year: | $7,718M as of Dec 31, 2023 |
Shares outstanding: | 1,868,419,172 as of Mar 1, 2024 |
TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization |