Cenovus Energy Inc (TSE:CVE) (NYSE:CVE) insider Keith Chiasson acquired 2,635 shares of the stock in a transaction on Monday, March 5th. The shares were acquired at an average price of C$9.60 per share, with a total value of C$25,296.00.
Cenovus Energy Inc (CVE) remained flat at $C$10.48 during midday trading on Tuesday. 2,542,924 shares of the stock were exchanged, compared to its average volume of 4,492,966. The company has a market cap of $12,880.00, a price-to-earnings ratio of 5.02 and a beta of 0.47. Cenovus Energy Inc has a 12 month low of C$8.89 and a 12 month high of C$17.81.
The firm also recently declared a quarterly dividend, which will be paid on Thursday, March 29th. Shareholders of record on Thursday, March 15th will be paid a dividend of $0.05 per share. The ex-dividend date of this dividend is Wednesday, March 14th. This represents a $0.20 dividend on an annualized basis and a yield of 1.91%. Cenovus Energy’s dividend payout ratio (DPR) is presently 9.57%.
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Cenovus Energy Company Profile
Cenovus Energy Inc is a Canada-based integrated oil company. It operates in the business of developing, producing and marketing crude oil, Natural Gas Liquids (NGLs) and natural gas in Canada. The Company also conducts marketing activities and owns refining interests in the United States (U.S.). Its segments include: Oil Sands, which includes the development and production of bitumen and natural gas in northeast Alberta; Conventional, which includes the development and production of conventional crude oil, NGLs and natural gas in Alberta and Saskatchewan, including the heavy oil assets at Pelican Lake, the carbon dioxide (CO2) enhanced oil recovery (EOR) project at Weyburn and emerging tight oil opportunities; Refining and Marketing, which includes transporting and selling crude oil and natural gas and joint ownership of refineries in the U.S., as well as Corporate and Eliminations.
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