Where Cenovus Energy stands after its latest Filing
Revenue for the twelve months was $35.6bn, down 10.2% on a year earlier, against growth of 2.4% a quarter earlier. That puts it 46 of 57 for growth among the oil & gas exploration & production companies we cover. Free-cash-flow margin fell to -4.0% from -1.0% a year earlier. The diluted share count is down 2.3% on a year earlier, which lifts each remaining share. Against its peers on growth, profitability, cash generation and balance sheet, it grades C. It passes 4 of our 6 financial-health checks. Our cash-flow model value is $23.95 a share, against a share price of $32.73.