EXCLUSIVE OFFER: Jim Cramer's Protégé, Dave Peltier, only buys Stock Under $10 that he thinks could potentially double or triple in the next 6 to 12-months. See what he's trading today with a 14-day FREE pass.

Reprint Email

Cenovus Energy Inc. (CVE): Today's Featured Energy Loser

By TheStreet Wire 10/11/11 - 05:02 PM EDT

Find out if (CVE) is in Cramer's Portfolio.

The energy industry closed the day up 0.9%. Cheniere Energy Inc (LNG), Camac Energy Inc (CAK), Sinopec Shanghai Petrochemical Company Limi (SHI), and Dejour Energy Inc (DEJ) were all decliners today within the energy industry with Cenovus Energy Inc (CVE) being today's featured energy loser. Cenovus Energy Inc fell 86 cents (-2.5%) to $33.45 on average volume. Throughout the day, 2.3 million shares of Cenovus Energy Inc exchanged hands as compared to its average daily volume of 1.8 million shares.

Cenovus Energy Inc. engages in the development, production, and marketing of bitumen, crude oil, natural gas, and natural gas liquids (NGLs) in Canada with refining operations in the United States. Cenovus Energy Inc has a market cap of $24.9 billion and is part of the basic materials sector.

TheStreet Ratings rates Cenovus Energy as a hold. The company's strengths can be seen in multiple areas, such as its compelling growth in net income, robust revenue growth and good cash flow from operations. However, as a counter to these strengths, we also find weaknesses including generally poor debt management and poor profit margins.

You can view the full Cenovus Energy Ratings Report.

On the positive front, Mission NewEnergy (MNEL), Geokinetics Inc (GOK), Synergy Resources Corporation (SYRG), and Global Geophysical Services Inc (GGS) were all gainers within the energy industry with Schlumberger (SLB) being today's featured energy industry winner.

Use our energy section to find industry-relevant news.
Or find some new ideas from our top rated stocks lists.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the energy industry could consider Energy Select Sector SPDR (XLE) while those bearish on the energy industry could consider Proshares Short Oil & Gas (DDG).

Find other investment ideas from our top rated ETFs lists.

For more information on Cenovus Energy Inc. click any of the following:

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:

$2.5+ million portfolio
Large-cap and dividend focus
Intraday trade alerts from Cramer
Weekly roundups

TheStreet Quant Ratings

TRY IT FREE

New! $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:

Buy, hold, or sell recommendations for over 4,300 stocks
Unlimited research reports on your favorite stocks
A custom stock screener
Upgrade/downgrade alerts

Stocks Under $10

TRY IT FREE

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:

Model portfolio
Stocks trading below $10
Intraday trade alerts
Weekly roundups

Dividend Stock Advisor

TRY IT FREE

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:

Diversified model portfolio of dividend stocks
Alerts when market news affect the portfolio
Bi-weekly updates with exact steps to take - BUY, HOLD, SELL

Real Money Pro

TRY IT FREE

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:

Real Money + Doug Kass + 15 more Wall Street Pros
Intraday commentary & news
Ultra-actionable trading ideas

Options Profits

TRY IT FREE

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.