Cenovus Energy Inc. (TSE:CVE – Get Rating) (NYSE:CVE) Director Alex Pourbaix sold 300,000 shares of the business’s stock in a transaction on Tuesday, May 24th. The stock was sold at an average price of C$27.45, for a total transaction of C$8,234,490.00. Following the transaction, the director now directly owns 955,900 shares of the company’s stock, valued at approximately C$26,237,829.97.
Shares of Cenovus Energy stock opened at C$28.80 on Friday. The company has a current ratio of 1.60, a quick ratio of 1.03 and a debt-to-equity ratio of 59.74. The stock has a market capitalization of C$57.07 billion and a price-to-earnings ratio of 30.06. Cenovus Energy Inc. has a 1-year low of C$9.23 and a 1-year high of C$28.88. The firm’s 50-day moving average price is C$23.48 and its two-hundred day moving average price is C$19.64.
The company also recently disclosed a quarterly dividend, which will be paid on Thursday, June 30th. Shareholders of record on Wednesday, June 15th will be paid a dividend of $0.105 per share. This represents a $0.42 annualized dividend and a yield of 1.46%. This is a boost from Cenovus Energy’s previous quarterly dividend of $0.04. The ex-dividend date of this dividend is Tuesday, June 14th. Cenovus Energy’s dividend payout ratio is currently 10.96%.
Cenovus Energy Company Profile (Get Rating)
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. The company operates through Oil Sands, Conventional, Offshore, Canadian Manufacturing, U.S. Manufacturing, and Retail segments.
- These Are the Three (3) Most Upgraded Stocks For Q2
- MarketBeat: Week in Review 5/23 – 5/27
- Short Sellers Provide Entry Into Hibbet, Inc At Rock Bottom Prices
- Affirm Stock Has Affirmed a Bottom
- Airbnb: Bold Competitive Threats & A New World of Travel
Receive News & Ratings for Cenovus Energy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Cenovus Energy and related companies with MarketBeat.com's FREE daily email newsletter.