$100 Invested In Cenovus Energy 5 Years Ago Would Be Worth This Much Today
Portfolio Pulse from Benzinga Insights
Cenovus Energy (NYSE:CVE) has delivered an average annual return of 15.35% over the past 5 years, outperforming the market by 2.72% on an annualized basis. A $100 investment in CVE 5 years ago would be worth $206.03 today. The company's market capitalization stands at $30.22 billion.
February 02, 2024 | 9:00 pm
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POSITIVE IMPACT
Cenovus Energy has shown a strong performance over the past 5 years with an average annual return of 15.35%, turning a $100 investment into $206.03.
The significant outperformance of Cenovus Energy compared to the market, as indicated by its 15.35% average annual return over the past 5 years, suggests a strong and positive impact on its stock price in the short term. This performance, coupled with a substantial market capitalization of $30.22 billion, underscores the company's robust financial health and growth prospects.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100