Cenovus Energy Inc. (TSX:CVE)
Canada · Delayed Price · Currency is CAD | Market Cap | 73.87B +117.6% |
| Revenue (ttm) | 48.75B -10.6% |
| Net Income | 4.63B +64.3% |
| EPS | 2.52 +66.9% |
| Shares Out | 1.87B |
| PE Ratio | 15.65 |
| Forward PE | 10.10 |
| Dividend | 0.88 (2.23%) |
| Ex-Dividend Date | Jun 15, 2026 |
| Volume | 9,699,647 |
| Open | 39.35 |
| Previous Close | 39.79 |
| Day's Range | 39.01 - 39.96 |
| 52-Week Range | 18.45 - 44.13 |
| Beta | 0.51 |
| Analysts | Strong Buy |
| Price Target | 45.91 (+16.32%) |
| Earnings Date | Jul 30, 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]
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 StatementsAnalyst Summary
According to 17 analysts, the average rating for CVE stock is "Strong Buy." The 12-month stock price target is $45.91, which is an increase of 16.32% from the latest price.
News
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...
Cenovus Energy price target raised to C$47 from C$44 at Scotiabank
Scotiabank raised the firm’s price target on Cenovus Energy (CVE) to C$47 from C$44 and keeps an Outperform rating on the shares.
Cenovus Energy price target raised to C$47 from C$45 at RBC Capital
RBC Capital analyst Greg Pardy raised the firm’s price target on Cenovus Energy (CVE) to C$47 from C$45 and keeps an Outperform rating on the shares.
Cenovus Energy price target raised to $36 from $32 at Goldman Sachs
Goldman Sachs raised the firm’s price target on Cenovus Energy (CVE) to $36 from $32 and keeps a Buy rating on the shares. The firm continues to expect a volume…
Cenovus Energy Shareholders Back Board as CEO Targets 1 Million BOE/Day Exit Rate
Cenovus Energy NYSE: CVE shareholders approved all voting items at the company's virtual annual meeting, including the appointment of PwC as auditor, the election of directors and a non-binding adviso...
Cenovus Energy Q1 Earnings Call Highlights
Cenovus Energy NYSE: CVE reported strong first-quarter 2026 operating and financial results, with management highlighting record oil sands volumes, solid refinery performance and progress on major gro...
Cenovus Energy price target raised to C$44 from C$38 at Scotiabank
Scotiabank analyst Kevin Fisk raised the firm’s price target on Cenovus Energy (CVE) to C$44 from C$38 and keeps an Outperform rating on the shares.
Cenovus Energy price target raised to C$45 from C$42 at RBC Capital
RBC Capital raised the firm’s price target on Cenovus Energy (CVE) to C$45 from C$42 and keeps an Outperform rating on the shares.
Cenovus Energy reports Q1 EPS 83c, consensus 55c
Reports Q1 revenue 12.4B frp, $10.9B in the previous quarter. Reports Q1 upstream production of 972,100 BOE/d, an increase of 54,200 BOE/d or 6% from Q4 2025 and 153,200 BOE/d…
Cenovus Energy downgraded to Outperform from Strong Buy at Raymond James
Raymond James downgraded Cenovus Energy (CVE) to Outperform from Strong Buy with a price target of C$42, up from C$41.
Raymond James downgrades Cenovus Energy to Outperform on valuation
Raymond James downgraded Cenovus Energy (CVE) to Outperform from Strong Buy with a price target of C$42, up from C$41. The firm views the company’s Q1 report as solid. Cenovus…
Cenovus reports voting results of annual meeting of shareholders
CALGARY, Alberta, May 06, 2026 (GLOBE NEWSWIRE) -- Cenovus Energy Inc. (TSX: CVE) (NYSE: CVE) held its annual meeting of shareholders on May 6, 2026. Each matter voted on is described in greater detai...
Cenovus Energy Transcript: AGM 2026
The meeting covered record operational and financial performance, major acquisitions, and growth projects. All voting items passed with strong support, and management addressed shareholder questions on audit practices and capital allocation.
Cenovus Energy Earnings Call Transcript: Q1 2026
Strong Q1 results driven by record oil sands production, robust refining margins, and successful integration of MEG assets. Capital discipline maintained, with increased dividends and a focus on debt reduction amid volatile markets.
Cenovus Energy Registration statement: Q1 2026
Cenovus Energy filed a registration statement on May 6, 2026, providing details about a securities offering with the SEC.
Cenovus Energy Registration statement: Q1 2026
Cenovus Energy filed a registration statement on May 6, 2026, providing details about a securities offering with the SEC.
Cenovus Energy Earnings release: Q1 2026
Cenovus Energy released its Q1 2026 earnings on May 6, 2026, summarizing the period's financial results.
Cenovus Energy Slides: Q1 2026
Cenovus Energy has posted slides in relation to its Q1 2026 quarterly earnings report, which was published on May 6, 2026.
Canada's Cenovus Energy posts higher first-quarter profit
Canadian oil and gas producer Cenovus Energy posted a rise in first-quarter profit, helped by record upstream production.
Cenovus announces first-quarter 2026 results
CALGARY, Alberta, May 06, 2026 (GLOBE NEWSWIRE) -- Cenovus Energy Inc. (TSX: CVE) (NYSE: CVE) today announced its first-quarter 2026 financial and operating results. In the quarter, the company genera...
While Asia and Europe scramble for natural gas, the US glut has nowhere to go
The war with Iran has boosted prices of globally traded natural gas by throttling exports from the Gulf. In West Texas, gas is so abundant that some producers must pay to have it taken away.
Cenovus to hold first-quarter 2026 conference call and webcast and 2026 Annual Meeting of Shareholders on May 6
CALGARY, Alberta, April 29, 2026 (GLOBE NEWSWIRE) -- Cenovus Energy Inc. (TSX:CVE) (NYSE:CVE) will release its first-quarter 2026 results on Wednesday, May 6, 2026. The news release will provide conso...
Cenovus Energy price target raised to C$41 from C$36 at UBS
UBS raised the firm’s price target on Cenovus Energy (CVE) to C$41 from C$36 and keeps a Buy rating on the shares.
Cenovus Energy price target raised to $42 from $35 at BMO Capital
BMO Capital raised the firm’s price target on Cenovus Energy (CVE) to $42 from $35 and keeps an Outperform rating on the shares as part of a broader research note…
Cenovus Energy price target raised to C$42 from C$33 at Raymond James
Raymond James analyst Michael Barth raised the firm’s price target on Cenovus Energy (CVE) to C$42 from C$33 and keeps a Strong Buy rating on the shares. Published first on…