Cenovus Energy Inc. (TSX:CVE)
Canada · Delayed Price · Currency is CAD | Market Cap | 42.11B |
| Revenue (ttm) | 52.25B |
| Net Income (ttm) | 2.65B |
| Shares Out | 1.80B |
| EPS (ttm) | 1.43 |
| PE Ratio | 16.35 |
| Forward PE | 15.59 |
| Dividend | 0.86 (3.65%) |
| Ex-Dividend Date | Sep 15, 2025 |
| Volume | 6,419,805 |
| Average Volume | 9,437,550 |
| Open | 23.19 |
| Previous Close | 23.40 |
| Day's Range | 22.63 - 23.38 |
| 52-Week Range | 14.48 - 25.31 |
| Beta | 1.33 |
| RSI | 62.04 |
| Earnings Date | Oct 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]
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 StatementsNews
Strathcona buys $190.8M stake in MEG Energy, opposes Cenovus takeover
Strathcona plans to raise stake in MEG Energy as takeover battle heats up
MEG has until Sept. 15 to decide whether to accept Strathcona's offer or wait for a the vote on Cenovus' deal on Oct. 9
Strathcona to buy 5% stake in MEG Energy after failed bid, opposes Cenovus deal
Strathcona Seeks to Block $5.7 Billion Cenovus Deal to Buy MEG Energy
Previously rejected MEG Energy bidder Strathcona Resources intends to buy an additional 5% stake in MEG and vote these shares and the existing 9.2% stake against the Cenovus acquisition offer for MEG,...
Canada's Strathcona seeks to raise MEG Energy stake, opposes Cenovus bid
Canadian oil and gas producer Strathcona Resources said on Thursday it intends to buy an additional 5% stake in rival MEG Energy and vote against the acquisition of MEG by another rival, Cenovus Energ...
'Unique' opportunity for Cenovus in buying MEG
Darryl McCoubrey, Vice President, Partner, Senior Analyst, Energy & Pipelines at Veritas Investment Research, joins BNN Bloomberg to discuss the challenges for Canadian pipelines.
Cenovus Energy: Thanks For Paying In Cash
Cenovus Energy’s $5.2B MEG deal adds low-cost output, synergies, and long-life reserves while preserving dividends and credit strength. Find out why CVE stock is a buy.
Cenovus And MEG Energy: Great Deal
Cenovus Energy's MEG Energy Acquisition: More Double-Digit Dividend Growth In The Future Likely
Strathcona will vote against Cenovus offer for MEG Energy, founder Waterous says
Deal Dispatch: Musk-Altman Drama, Ashton Kutcher SoHo House Play And We Pose Questions To Private Equity Pros
New On The Block OpenAI isn’t for sale. However, a $97.4 billion offer is hard to ignore. That’s the number Elon Musk asked fellow billionaire Mark Zuckerberg to help him reach to buy the parent compa...
Cenovus Energy to Buy MEG Energy in $5.68 Billion Oil-Sands Tie-Up
'I'm disappointed in the outcome of price': Eric Nutall on Cenovus buying MEG Energy
Eric Nuttall, Partner and Senior Portfolio Manager at Ninepoint Partners, joins BNN Bloomberg to discuss the Cenovus- MEG deal.
Cenovus unveils $7.9-billion white-knight bid for MEG Energy
MEG's board supports the deal, but shareholders have to approve
Cenovus to Buy MEG as Canadas Oil Sands Consolidate Further
Cenovus Energy on Friday announced it has entered into a definitive arrangement agreement to acquire MEG Energy Corp in a cash and stock deal valued at US$5.7 billion (C$7.9 billion), including assume...
Cenovus signs $7.9 billion cash-and-stock deal to buy MEG Energy
Cenovus Energy Inc. has signed a cash-and-stock deal to buy MEG Energy Corp. that values the company at $7.9 billion, including debt. The deal comes after Strathcona Resources Ltd. made an unsolicited...
4 stocks to watch on Friday: CVE, NVDA, FTNT, GOOG
Cenovus Energy Strikes $7.9 Billion Deal To Acquire MEG, Creating Oil Sands Powerhouse
Cenovus Energy Inc. (NYSE: CVE) said Thursday it will acquire MEG Energy Corp. (OTC: MEGEF) in a cash-and-stock deal valued at $7.9 billion, including debt, creating one of the largest players in Ca...
Cenovus to acquire MEG Energy in C$7.9 billion deal in oil sands expansion
Oil and gas producer Cenovus Energy said on Friday it will buy MEG Energy in a cash-and-stock deal valued at C$7.9 billion ($5.68 billion), including debt.
Cenovus to Buy MEG Energy in C$7.9 Billion Oil-Sands Deal
Cenovus Energy Inc. agreed to buy MEG Energy Corp. in a deal valued at about C$7.9 billion ($5.7 billion) including debt, beating a bid from Strathcona Resources Ltd. to boost its position among Canad...
Cenovus Energy to buy MEG Energy in C$7.9B deal, topping Strathcona bid
Cenovus Energy to acquire MEG Energy in C$7.9 billion deal
Canadian oil producer MEG Energy said on Friday it has agreed to be acquired by larger peer Cenovus Energy in a C$7.9 billion cash-and-stock deal, including debt.
Cenovus announces agreement to acquire MEG Energy
CALGARY, Alberta, Aug. 22, 2025 (GLOBE NEWSWIRE) -- Cenovus Energy Inc. (TSX: CVE) (NYSE: CVE) today announced that it has entered into a definitive arrangement agreement to acquire MEG Energy Corp. (...
Cenovus, Enbridge accused of 'greenwashing' by shareholder group
Greenwashing Complaint Filed Against Canadian Fossil Fuel Companies
The group Investors for Paris Compliance has accused Cenovus and Enbridge of overstating their efforts to reach net zero.