Latest news with #CVE
San Francisco Chronicle
8 hours ago
- Business
- San Francisco Chronicle
Cenovus: Q2 Earnings Snapshot
CALGARY, Alberta (AP) — CALGARY, Alberta (AP) — Cenovus Energy Inc. (CVE) on Thursday reported net income of $615 million in its second quarter. The Calgary, Alberta-based company said it had net income of 33 cents per share. The oil company posted revenue of $8.9 billion in the period.
Reuters
9 hours ago
- Business
- Reuters
Canada's Cenovus Energy posts lower second-quarter profit
July 31 (Reuters) - Canadian oil and gas producer Cenovus Energy ( opens new tab posted a fall in second-quarter profit on Thursday, hurt by lower upstream production due to the impact from wildfires. The Calgary, Alberta-based company's net income fell to C$851 million ($614.57 million), or 45 Canadian cents per share, in the three months ended June 30, from C$1.0 billion, or 53 Canadian cents per share, a year earlier. ($1 = 1.3847 Canadian dollars)
Yahoo
4 days ago
- Business
- Yahoo
Lifeist Wellness Second Quarter 2025 Earnings: CA$0.023 loss per share (vs CA$0.033 loss in 2Q 2024)
Lifeist Wellness (CVE:LFST) Second Quarter 2025 Results Key Financial Results Revenue: CA$64.7k (down 61% from 2Q 2024). Net loss: CA$859.5k (loss narrowed by 10% from 2Q 2024). CA$0.023 loss per share (improved from CA$0.033 loss in 2Q 2024). Trump has pledged to "unleash" American oil and gas and these 15 US stocks have developments that are poised to benefit. All figures shown in the chart above are for the trailing 12 month (TTM) period Lifeist Wellness shares are up 29% from a week ago. Risk Analysis It is worth noting though that we have found 4 warning signs for Lifeist Wellness that you need to take into consideration. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
4 days ago
- Business
- Yahoo
Lifeist Wellness Second Quarter 2025 Earnings: CA$0.023 loss per share (vs CA$0.033 loss in 2Q 2024)
Lifeist Wellness (CVE:LFST) Second Quarter 2025 Results Key Financial Results Revenue: CA$64.7k (down 61% from 2Q 2024). Net loss: CA$859.5k (loss narrowed by 10% from 2Q 2024). CA$0.023 loss per share (improved from CA$0.033 loss in 2Q 2024). Trump has pledged to "unleash" American oil and gas and these 15 US stocks have developments that are poised to benefit. All figures shown in the chart above are for the trailing 12 month (TTM) period Lifeist Wellness shares are up 29% from a week ago. Risk Analysis It is worth noting though that we have found 4 warning signs for Lifeist Wellness that you need to take into consideration. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Sign in to access your portfolio
Yahoo
4 days ago
- Business
- Yahoo
Here's Why We're Not Too Worried About C3 Metals' (CVE:CCCM) Cash Burn Situation
Just because a business does not make any money, does not mean that the stock will go down. For example, C3 Metals (CVE:CCCM) shareholders have done very well over the last year, with the share price soaring by 206%. Having said that, unprofitable companies are risky because they could potentially burn through all their cash and become distressed. So notwithstanding the buoyant share price, we think it's well worth asking whether C3 Metals' cash burn is too risky. In this report, we will consider the company's annual negative free cash flow, henceforth referring to it as the 'cash burn'. The first step is to compare its cash burn with its cash reserves, to give us its 'cash runway'. We've found 21 US stocks that are forecast to pay a dividend yield of over 6% next year. See the full list for free. When Might C3 Metals Run Out Of Money? You can calculate a company's cash runway by dividing the amount of cash it has by the rate at which it is spending that cash. In May 2025, C3 Metals had CA$13m in cash, and was debt-free. Importantly, its cash burn was CA$5.0m over the trailing twelve months. So it had a cash runway of about 2.7 years from May 2025. Arguably, that's a prudent and sensible length of runway to have. The image below shows how its cash balance has been changing over the last few years. See our latest analysis for C3 Metals How Is C3 Metals' Cash Burn Changing Over Time? Because C3 Metals isn't currently generating revenue, we consider it an early-stage business. So while we can't look to sales to understand growth, we can look at how the cash burn is changing to understand how expenditure is trending over time. Even though it doesn't get us excited, the 46% reduction in cash burn year on year does suggest the company can continue operating for quite some time. C3 Metals makes us a little nervous due to its lack of substantial operating revenue. We prefer most of the stocks on this list of stocks that analysts expect to grow. How Easily Can C3 Metals Raise Cash? Even though it has reduced its cash burn recently, shareholders should still consider how easy it would be for C3 Metals to raise more cash in the future. Companies can raise capital through either debt or equity. Commonly, a business will sell new shares in itself to raise cash and drive growth. By comparing a company's annual cash burn to its total market capitalisation, we can estimate roughly how many shares it would have to issue in order to run the company for another year (at the same burn rate). C3 Metals has a market capitalisation of CA$75m and burnt through CA$5.0m last year, which is 6.7% of the company's market value. That's a low proportion, so we figure the company would be able to raise more cash to fund growth, with a little dilution, or even to simply borrow some money. How Risky Is C3 Metals' Cash Burn Situation? As you can probably tell by now, we're not too worried about C3 Metals' cash burn. For example, we think its cash runway suggests that the company is on a good path. And even its cash burn reduction was very encouraging. Looking at all the measures in this article, together, we're not worried about its rate of cash burn; the company seems well on top of its medium-term spending needs. On another note, C3 Metals has 3 warning signs (and 2 which are potentially serious) we think you should know about. If you would prefer to check out another company with better fundamentals, then do not miss this free list of interesting companies, that have HIGH return on equity and low debt or this list of stocks which are all forecast to grow. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
