Cenovus Energy is an energy company. Co. is engaged in crude oil and natural gas producer and refiner and upgrader, with operations in Canada, the U.S. and the Asia Pacific region. Co.'s reportable segments include: Oil Sands, which includes the development and production of bitumen and heavy oil in northern Alberta and Saskatchewan; conventional segment, which includes assets rich in natural gas liquids and natural gas within the Elmworth-Wapiti, Kaybob-Edson, Clearwater and Rainbow Lake operating areas in Alberta and British Columbia; offshore segment, which includes operations, exploration and development activities in offshore China and the east coast of Canada. We show 11 historical shares outstanding datapoints in our coverage of CVE's shares outstanding history.
Understanding the changing numbers of CVE shares outstanding — and
comprehending the concept of differing number of shares outstanding in general comparing companies like CVE versus peers —
is critical for investors. Many "beginner" or "novice" investors will look at one stock trading at a price of $10 per share and another trading at
a price of $20 per share and think the latter company is worth twice as much. Of course, that is a completely meaningless comparison without also knowing how many shares outstanding there are for each of the two companies.
Furthermore, via issuance of new shares over time, or the repurchase of existing shares, the number of shares outstanding can fluctuate over the course of history.
With this page we aim to empower investors researching CVE by allowing them to research CVE shares outstanding history
as well as any other stock in our coverage universe. |
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Video: Shares Outstanding Importance
