Cenovus Energy Inc T.CVE

Intrinsic Value Is Potentially 86% Above Its Share Price

[Megasupreme]

• The projected fair value for Cenovus Energy is CA$50.98 based on 2 Stage Free Cash Flow to Equity

• Cenovus Energy's CA$27.37 share price signals that it might be 46% undervalued

  • Analyst price target for CVE is CA$33.86 which is 34% below our fair value estimate

[Ztransformer]

Sir/madam, where are all these numbers coming from? Post Source!  instead of throwing random numbers. Thanks man/woman - whatever your gender is. 

[Quintessential1]

Links with posts are always nice.  Looking at you dwdc ;-) Hyperlinks are even better. https://finance.yahoo.com/news/cenovus-energy-inc-tse-cve-121052867.html GLTA

[Ztransformer]

Thanks Quinty for the link, I'm gonna take such valuation piece from random source with grain of salt. $35-40 seems to be reasonable. Hopefully CVE breaks $31 ish barrier by August. 

[Quintessential1]

NP.  Don't shoot the messenger as I only provided the requested link. Even with a grain of salt that valuation exceeds all expectations except those that accompanied $120 WTI a couple of years ago.  It will be interesting to see how the market reacts when CVE hits their debt target and returns 100% FCF to shareholders. I know they said it and now have to do it and will for a time

[downwithdotcom1]

Simply Wall St = BOT generator.................dwdc

[Quintessential1]

To be fair crunching numbers and analysing them should be something a BOT can do well. Go figure ;-) GLTA

[Ztransformer]

This post has been removed in accordance with Community Policy