Cenovus Energy Inc. (TSX:CVE)

Canada flag Canada · Delayed Price · Currency is CAD
41.30
-0.57 (-1.36%)
Jul 24, 2026, 4:00 PM EST
Market Cap77.29B +114.0%
Revenue (ttm)48.75B -10.6%
Net Income4.63B +64.3%
EPS2.52 +66.9%
Shares Out 1.87B
PE Ratio16.37
Forward PE8.91
Dividend0.88 (2.13%)
Ex-Dividend DateJun 15, 2026
Volume3,463,665
Open41.69
Previous Close41.87
Day's Range41.01 - 42.10
52-Week Range19.05 - 44.13
Beta0.50
AnalystsBuy
Price Target45.91 (+11.16%)
Earnings DateJul 29, 2026

About Cenovus Energy

Cenovus Energy Inc., together with its subsidiaries, develops, produces, refines, transports, and markets crude oil, natural gas, and refined petroleum products in Canada, the United States, and China. It operates through Upstream and Downstream segments. The company is involved in the development and production of bitumen and heavy oil; owns and operates pipeline gathering systems and terminals; operation of assets rich in NGLs and natural gas in Alberta and British Columbia; and offshore operations, exploration, and development activities in ... [Read more]

Sector Energy
Founded 2009
Employees 7,211
Stock Exchange Toronto Stock Exchange
Ticker Symbol CVE
Full Company Profile

Financial Performance

In 2025, Cenovus Energy's revenue was 49.70 billion, a decrease of -8.44% compared to the previous year's 54.28 billion. Earnings were 3.92 billion, an increase of 26.08%.

Financial Statements

Analyst Summary

According to 18 analysts, the average rating for CVE stock is "Buy." The 12-month stock price target is $45.91, which is an increase of 11.16% from the latest price.

Price Target
$45.91
(11.16% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Cenovus to hold second-quarter 2026 conference call and webcast on July 29

CALGARY, Alberta, July 22, 2026 (GLOBE NEWSWIRE) -- Cenovus Energy Inc. (TSX:CVE) (NYSE:CVE) will release its second-quarter 2026 results on Wednesday, July 29, 2026. The news release will provide con...

2 days ago - GlobeNewsWire

Cenovus Energy price target raised to C$49 from C$47 at Scotiabank

Scotiabank raised the firm’s price target on Cenovus Energy (CVE) to C$49 from C$47 and keeps an Outperform rating on the shares.

8 days ago - TheFly

Is Cenovus Energy Inc (CVE) Overvalued After 4.6% Rally? GF Value Says Overvalued

Is Cenovus Energy Inc (CVE) Overvalued After 4.6% Rally? GF Value Says Overvalued

11 days ago - GuruFocus

Billionaires are loading up on these superior stocks. Why it pays to follow their money.

The second quarter was a six-year best for U.S. stocks — here are the three sectors poised to lead the next leg higher.

12 days ago - Market Watch

Is Cenovus Energy Inc (CVE) Overvalued After 5.6% Rally? GF Value Says Overvalued

Is Cenovus Energy Inc (CVE) Overvalued After 5.6% Rally? GF Value Says Overvalued

16 days ago - GuruFocus

Cenovus Energy Inc (CVE) Stock Up 3.5% but GF Value Says Overvalued -- GF Score: 65/100

Cenovus Energy Inc (CVE) Stock Up 3.5% but GF Value Says Overvalued -- GF Score: 65/100

17 days ago - GuruFocus

The Zacks Analyst Blog Highlights Cisco Systems, Johnson Controls and Cenovus Energy

CSCO, JCI and CVE are highlighted as AI investment and sector rankings shape Zacks' July market strategy.

19 days ago - Nasdaq

Zacks.com featured highlights include Cenovus Energy, Five9, PagSeguro, Ero Copper and Par Pacific

CVE, FIVN, PAGS, ERO and PARR screen well on EV-to-EBITDA, highlighting five bargain stocks with solid earnings growth potential.

19 days ago - Nasdaq

New Strong Buy Stocks for July 1st

LIEN, DK, ALH, CVE and LEGH have been added to the Zacks Rank #1 (Strong Buy) List on July 1, 2026.

24 days ago - Nasdaq

Best Value Stocks to Buy for July 1st

ILPT, CVE and DK made it to the Zacks Rank #1 (Strong Buy) value stocks list on July 1, 2026.

24 days ago - Nasdaq

Cenovus Energy assumed with an Outperform at Scotiabank

Scotiabank assumed coverage of Cenovus Energy (CVE) with an Outperform rating and C$47 price target Although Canadian oil and gas equities have materially outperformed year-to-date, the firm continues...

4 weeks ago - TheFly

Aker Solutions (AKRTF) Secures Major Five-Year Deal with Cenovus Energy

Aker Solutions (AKRTF) Secures Major Five-Year Deal with Cenovus Energy

4 weeks ago - GuruFocus

Cenovus Energy Inc (CVE) Stock Down 4.1% but Still Overvalued -- GF Score: 65/100

Cenovus Energy Inc (CVE) Stock Down 4.1% but Still Overvalued -- GF Score: 65/100

4 weeks ago - GuruFocus

Cenovus Energy Inc (CVE) Stock Down 4.1% but Still Overvalued -- GF Score: 66/100

Cenovus Energy Inc (CVE) Stock Down 4.1% but Still Overvalued -- GF Score: 66/100

5 weeks ago - GuruFocus

Cenovus Energy (CVE) Sees Significant Options Activity

Cenovus Energy (CVE) Sees Significant Options Activity

5 weeks ago - GuruFocus

Zacks.com featured highlights include LyondellBasell, Star Bulk, Cenovus and Nexa Resources

LYB, SBLK, CVE and NEXA are highlighted for high earnings yields, rising estimates and growth prospects in an uncertain market.

5 weeks ago - Nasdaq

Cenovus Rips Canada’s Oil Pipeline Plan as ‘Unfinanceable’

The leader of one of Canada’s biggest oil companies blasted a government push for a massive carbon-capture project and carbon tax in exchange for an oil-sands pipeline, calling it uneconomical.

6 weeks ago - Financial Post

Cenovus Energy (CVE) CEO Highlights Pipeline Financing Challenges

Cenovus Energy (CVE) CEO Highlights Pipeline Financing Challenges

6 weeks ago - GuruFocus

A Look at Cenovus Energy Inc (CVE) After 3.7% Decline -- GF Value $16.33 vs Price $27.65

A Look at Cenovus Energy Inc (CVE) After 3.7% Decline -- GF Value $16.33 vs Price $27.65

6 weeks ago - GuruFocus

Cenovus CEO says proposed pipeline to Canada's west coast currently 'unfinanceable'

Cenovus Energy CEO Jon ​McKenzie said Tuesday ‌Alberta's proposed 1 million barrel-per-day pipeline to ​British Columbia's ​Pacific coast cannot be ⁠financed by the ​private sector under ​Canada's cur...

6 weeks ago - Reuters

Zacks.com featured highlights include Ross Stores, TE Connectivity, Cenovus Energy, Globe Life and The Charles Schwab

Ross Stores, TE Connectivity, Cenovus Energy, Globe Life and Charles Schwab stand out for high ROE as investors navigate volatile markets.

6 weeks ago - Nasdaq

Cenovus Energy (CVE) Suffers a Larger Drop Than the General Market: Key Insights

In the latest trading session, Cenovus Energy (CVE) closed at $28.22, marking a -5.27% move from the previous day.

7 weeks ago - Nasdaq

Zacks.com featured highlights include First American Financial, Caleres, Cenovus, Ultrapar and Open Text

First American Financial, Caleres, Cenovus, Ultrapar and Open Text have been highlighted in this Screen of The Week article.

7 weeks ago - Nasdaq

Cenovus Energy Inc (CVE) Shares Surge 3.6% -- What GF Score of 66 Tells Investors

Cenovus Energy Inc (CVE) Shares Surge 3.6% -- What GF Score of 66 Tells Investors

7 weeks ago - GuruFocus

Cenovus Energy Inc (CVE) Shares Fall 3.8% -- What GF Score of 66 Tells Investors

Cenovus Energy Inc (CVE) Shares Fall 3.8% -- What GF Score of 66 Tells Investors

2 months ago - GuruFocus