Cenovus Energy Inc. (CVE)
| Market Cap | 61.70B +114.2% |
| Revenue (ttm) | 37.93B +3.1% |
| Net Income | 4.69B +148.9% |
| EPS | 2.55 +153.0% |
| Shares Out | 1.84B |
| PE Ratio | 13.12 |
| Forward PE | 13.24 |
| Dividend | $0.61 (1.82%) |
| Ex-Dividend Date | Sep 15, 2026 |
| Volume | 5,994,992 |
| Open | 33.66 |
| Previous Close | 33.19 |
| Day's Range | 33.20 - 33.87 |
| 52-Week Range | 15.63 - 33.87 |
| Beta | 0.50 |
| Analysts | Strong Buy |
| Price Target | 37.01 (+10.61%) |
| Earnings Date | Jul 29, 2026 |
About CVE
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 numbers in CAD Financial StatementsAnalyst Summary
According to 18 analysts, the average rating for CVE stock is "Strong Buy." The 12-month stock price target is $37.01, which is an increase of 10.61% from the latest price.
News
Cenovus Energy (CVE) Advances While Market Declines: Some Information for Investors
Cenovus Energy (CVE) closed the most recent trading day at $33.19, moving +2.53% from the previous trading session.
Cenovus Energy upgraded to Overweight from Neutral at JPMorgan
JPMorgan analyst Arun Jayaram upgraded Cenovus Energy (CVE) to Overweight from Neutral with a price target of C$58, up from C$51. The firm adjusted ratings in the exploration and production…
Cenovus Energy Inc (CVE) Stock Up 3.0% but GF Value Says Overvalued -- GF Score: 54/100
Cenovus Energy Inc (CVE) Stock Up 3.0% but GF Value Says Overvalued -- GF Score: 54/100
Don't Miss These 3 Companies Delivering Strong Guidance Updates
Raised guidance suggests that company leadership sees some combination of stronger demand, improved margins, or better operational execution relative to what they had previously expected; in other wor...
Cenovus Energy price target raised to C$52 from C$48 at CIBC
CIBC raised the firm’s price target on Cenovus Energy (CVE) to C$52 from C$48 and keeps an Outperformer rating on the shares.
Cenovus Energy Inc (CVE) Stock Down 4.4% but Still Overvalued -- GF Score: 54/100
Cenovus Energy Inc (CVE) Stock Down 4.4% but Still Overvalued -- GF Score: 54/100
Cenovus Energy price target raised to C$50 from C$43 at Morgan Stanley
Morgan Stanley raised the firm’s price target on Cenovus Energy (CVE) to C$50 from C$43 and keeps an Overweight rating on the shares. The firm updated estimates and targets in…
CVE Rallies 13.7% in the Past Month. Can the Stock Keep Climbing?
Cenovus Energy's 13.7% monthly gain is backed by production growth, a refining rebound and rising earnings estimates.
Cenovus Energy Inc (CVE) Stock Up 3.6% but GF Value Says Overvalued -- GF Score: 60/100
Cenovus Energy Inc (CVE) Stock Up 3.6% but GF Value Says Overvalued -- GF Score: 60/100
Cenovus Energy Inc (CVE) Shares Surge 4.6% -- What GF Score of 69 Tells Investors
Cenovus Energy Inc (CVE) Shares Surge 4.6% -- What GF Score of 69 Tells Investors
Eric Nuttall's Top Picks: Cenovus, Strathcona & Ovintiv
Brian Madden, chief investment officer at First Avenue Investment Counsel, shares his top stock picks to watch in the market.
Cenovus (CVE) Q2 2026 Earnings Call Transcript
Record funds flow and production surge drive shareholder returns.
Cenovus Energy Inc (CVE) Stock Down 3.5% but Still Overvalued -- GF Score: 60/100
Cenovus Energy Inc (CVE) Stock Down 3.5% but Still Overvalued -- GF Score: 60/100
Here's Why Cenovus Energy (CVE) is a Strong Growth Stock
Whether you're a value, growth, or momentum investor, finding strong stocks becomes easier with the Zacks Style Scores, a top feature of the Zacks Premium research service.
Cenovus Energy price target raised to C$51 from C$47 at RBC Capital
RBC Capital raised the firm’s price target on Cenovus Energy (CVE) to C$51 from C$47 and keeps an Outperform rating on the shares following “robust” Q2 earnings along with a…
Cenovus Energy price target raised to C$51 from C$49 at Scotiabank
Scotiabank analyst Chris MacCulloch raised the firm’s price target on Cenovus Energy (CVE) to C$51 from C$49 and keeps an Outperform rating on the shares.
Cenovus Energy Q2 Earnings Call Highlights
Cenovus Energy NYSE: CVE reported record financial results for the second quarter of 2026, supported by higher oil prices, increased oil sands output and strong refinery utilization. The company also ...
Cenovus Energy Earnings Call Transcript: Q2 2026
Record quarterly results driven by strong oil sands production, cost discipline, and high downstream utilization. Full-year production guidance was raised, capital spending remains on track, and shareholder returns increased as net debt fell.
Cenovus Energy Registration statement: Q2 2026
Cenovus Energy filed a registration statement on July 29, 2026, providing details about a securities offering with the SEC.
Cenovus Energy Earnings release: Q2 2026
Cenovus Energy released its Q2 2026 earnings on July 29, 2026, summarizing the period's financial results.
Cenovus Energy Registration statement: Q2 2026
Cenovus Energy filed a registration statement on July 29, 2026, providing details about a securities offering with the SEC.
Cenovus Energy Slides: Q2 2026
Cenovus Energy has posted slides in relation to its Q2 2026 quarterly earnings report, which was published on July 29, 2026.
Cenovus Energy reaffirms FY26 capital investment $5.0B-$5.3B
Changes to the company’s 2026 guidance include: Total upstream production raised to a range of 970 MBOE/d to 1,010 MBOE/d, an increase of 25 MBOE/d. This includes the impacts of…
Cenovus Energy reports Q2 adjusted EPS $2.66, consensus $1.16
Reports Q2 revenue $17.4B, consensus $17.74B. Reports Q2 Delivered Upstream production 970.4 MBOE/d, an increase of over 200 MBOE/d from last year. “Through disciplined execution across the Upstream a...
Cenovus announces second-quarter 2026 results
CALGARY, Alberta, July 29, 2026 (GLOBE NEWSWIRE) -- Cenovus Energy Inc. (TSX: CVE) (NYSE: CVE) today announced its second-quarter 2026 financial and operating results. In the quarter, the company gene...