Cenovus Energy Inc. (TSX:CVE)

Canada flag Canada · Delayed Price · Currency is CAD
23.30
-0.52 (-2.18%)
Oct 21, 2025, 3:26 PM EDT
-2.18%
Market Cap42.36B
Revenue (ttm)52.25B
Net Income (ttm)2.65B
Shares Out1.78B
EPS (ttm)1.43
PE Ratio16.65
Forward PE15.09
Dividend0.86 (3.59%)
Ex-Dividend DateSep 15, 2025
Volume7,046,977
Average Volume10,310,203
Open23.81
Previous Close23.82
Day's Range23.29 - 23.81
52-Week Range14.48 - 25.97
Beta1.24
RSI45.69
Earnings DateOct 30, 2025

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 Oil Sands, Conventional, Offshore, Canadian Refining, and U.S. Refining segments. The company develops and produces bitumen and heavy oil in northern Alberta and Saskatchewan. Its oil sand assets include Foster Creek, Christina Lake, and Sunrise projects, as well as Lloydminster thermal and conventional heavy oil assets. It al... [Read more]

Sector Energy
Founded 2009
Employees 7,150
Stock Exchange Toronto Stock Exchange
Ticker Symbol CVE
Full Company Profile

Financial Performance

In 2024, Cenovus Energy's revenue was 54.28 billion, an increase of 3.97% compared to the previous year's 52.20 billion. Earnings were 3.11 billion, a decrease of -23.74%.

Financial Statements

News

Cenovus delays shareholder vote on MEG takeover offer on signs bid could fall short of necessary support

This is the second time a vote on Cenovus's white-knight bid for MEG has been postponed

5 hours ago - Financial Post

Cenovus Energy (CVE) Expands Efforts to Secure MEG Energy Takeover

Cenovus Energy (CVE) Expands Efforts to Secure MEG Energy Takeover

7 hours ago - GuruFocus

MEG Delays Cenovus Meeting, Says Deal Still Doesn’t Have the Votes

Oil producer MEG Energy Corp. postponed its planned shareholder vote on a takeover offer from Canadian rival Cenovus Energy Inc., saying it’s still just short of the support it needs for the deal to p...

8 hours ago - Financial Post

MEG Energy postpones shareholder meeting to vote on merger with Cenovus

MEG Energy Corp said on Tuesday it has postponed a shareholder meeting to vote on its proposed takeover by Cenovus Energy to October 30, after the latter exercised its right to delay it, allowing more...

9 hours ago - Reuters

Special meeting of MEG shareholders to vote on Cenovus transaction postponed to Thursday, October 30, 2025

CALGARY, Alberta, Oct. 21, 2025 (GLOBE NEWSWIRE) -- Cenovus Energy Inc. (TSX: CVE) (NYSE: CVE) today announced that the special meeting of holders of common shares of MEG Energy Corp. (“MEG”) related ...

10 hours ago - GlobeNewsWire

Cenovus Shares Jump 2.5% on MEG Energy Investment, Fueling Canada’s Energy M&A Buzz

Cenovus Energy Inc., a heavy player in the oil sands industry in Canada, has stepped up investments in MEG Energy Corp., buying an additional 5million shares to have a controlling investment in the co...

13 hours ago - ABC Money

Best Momentum Stocks to Buy for Oct. 20

PPTA, CVE and KGC made it to the Zacks Rank #1 (Strong Buy) momentum stocks list on Oct. 20, 2025.

1 day ago - Nasdaq

Best Value Stocks to Buy for Oct. 20

CVE, DINO and KGC made it to the Zacks Rank #1 (Strong Buy) value stocks list on Oct. 20, 2025.

1 day ago - Nasdaq

CVE June 2026 Options Begin Trading

Investors in Cenovus Energy Inc (Symbol: CVE) saw new options become available today, for the June 2026 expiration. One of the key data points that goes into the price an option buyer is willing to pa...

5 days ago - Nasdaq

Data shows strength & stability across oil sands: O'Rourke

Patrick O'Rourke, managing director and equity research analyst at ATB Securities, joins BNN Bloomberg to discuss Cenovus acquiring 8.5% of MEG Energy shares ah

5 days ago - BNN Bloomberg

MEG Investors File Complaints Over Cenovus Takeover Process

Three MEG Energy Corp. shareholders said they have filed complaints with the Alberta Securities Commission, claiming the MEG board failed to prioritize investor interests by allowing Cenovus Energy In...

6 days ago - Financial Post

Cenovus Boosts MEG Energy Stake Ahead of Crucial Takeover Vote

Cenovus Energy Inc. said on Wednesday it had built up a 9.8% stake in MEG Energy over the past week, days before MEG shareholders are expected to vote on a Cenovus takeover offer that could put an end...

6 days ago - OilPrice com

Cenovus Energy (CVE) Expands Stake in MEG Energy

Cenovus Energy (CVE) Expands Stake in MEG Energy

6 days ago - GuruFocus

Cenovus Energy acquires additonal shares in MEG Energy

Cenovus Energy bought more shares in MEG Energy , raising its stakes to 9.8% in the Canadian oil sand company.

6 days ago - Reuters

Cenovus Energy acquires additional MEG Energy common shares

CALGARY, Alberta, Oct. 15, 2025 (GLOBE NEWSWIRE) -- Cenovus Energy Inc. (TSX: CVE) (NYSE: CVE) today announced that it has acquired an additional 3,276,460 common shares of MEG Energy Corp. (“MEG”) th...

6 days ago - GlobeNewsWire

Cenovus Energy (CVE) Acquires Stake in MEG Energy for Strategic Expansion

Cenovus Energy (CVE) Acquires Stake in MEG Energy for Strategic Expansion

7 days ago - GuruFocus

Cenovus Energy (CVE) Secures 8.5% Stake in MEG Energy with New Offer

Cenovus Energy (CVE) Secures 8.5% Stake in MEG Energy with New Offer

7 days ago - GuruFocus

Cenovus Energy (CVE) Increases Stake in MEG Energy

Cenovus Energy (CVE) Increases Stake in MEG Energy

7 days ago - GuruFocus

Cenovus Energy acquires 8.5% stake in MEG Energy

Cenovus Energy said it has acquired 21,723,540 common shares of MEG Energy, giving it control over common shares representing an 8.5% stake in the company.

7 days ago - Seeking Alpha

Cenovus Energy acquires 8.5% of MEG Energy common shares

CALGARY, Alberta, Oct. 14, 2025 (GLOBE NEWSWIRE) -- Cenovus Energy Inc. (TSX: CVE) (NYSE: CVE) today announced that it has acquired an aggregate of 21,723,540 common shares of MEG Energy Corp. (“MEG”)...

7 days ago - GlobeNewsWire

Canadian Oil Producers Prioritize Buying Over Building

A two-month-long bidding war in Canadas oil patch signaled there is another way for a company to boost its production and resources than investing in new oil sands production, which is considered the ...

7 days ago - OilPrice com

Strathcona Resources Withdraws MEG Energy Bid As Cenovus Energy Secures Friendly Deal

(RTTNews) - Strathcona Resources Ltd. has ended its hostile takeover attempt of MEG Energy Corp. (MEG.TO), paving the way for a friendly acquisition by Cenovus Energy Inc. (CVE, CVE.TO). The decision ...

10 days ago - Nasdaq

MEG Announces Filing of Amending Agreement and Additional Key Dates for the Improved Cenovus Transaction

Improved Cenovus Transaction involves consideration of $29.79 per MEG Share as of close of market on October 10, 2025 MEG has filed the Amending Agreement in connection with the Improved Cenovus Trans...

10 days ago - Benzinga

Strathcona abandons takeover bid for MEG Energy

MEG accepted an increased offer from oilsands major Cenovus Energy earlier this week

10 days ago - Financial Post