Cenovus Energy Inc. (CVE)

NYSE: CVE · Real-Time Price · USD
14.71
-0.14 (-0.94%)
Aug 7, 2025, 4:00 PM - Market closed
-0.94%
Market Cap26.46B
Revenue (ttm)38.31B
Net Income (ttm)1.94B
Shares Out 1.80B
EPS (ttm)1.05
PE Ratio13.63
Forward PE33.47
Dividend$0.53 (3.61%)
Ex-Dividend DateJun 13, 2025
Volume10,344,540
Open15.00
Previous Close14.85
Day's Range14.67 - 15.16
52-Week Range10.23 - 20.04
Beta1.26
AnalystsStrong Buy
Price Target23.33 (+58.6%)
Earnings DateJul 31, 2025

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 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 5,998
Stock Exchange NYSE
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 numbers in CAD Financial Statements

Analyst Summary

According to 3 analysts, the average rating for CVE stock is "Strong Buy." The 12-month stock price target is $23.33, which is an increase of 58.60% from the latest price.

Price Target
$23.33
(58.60% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

Cenovus Energy: Growth, Repurchase Program, And Competitive Advantage Are Compelling Advantages

Cenovus expects to increase its production by 19.17% from 2024 to 2034. Since 2021, the company has implemented a repurchase program and has reduced its common shares by 9.52% in that period. CVE has ...

1 day ago - Seeking Alpha

Cenovus Energy: Working Capital Build In The First Quarter Reverses

Adjusted cash flow and free cash flow make little sense when GAAP or IFRS (calculations) show a lack of cash flow to support the conclusion to start with. Working capital needs are a legitimate use of...

3 days ago - Seeking Alpha

Cenovus Energy Inc. (CVE) Q2 2025 Earnings Call Transcript

Cenovus Energy Inc. (NYSE:CVE) Q2 2025 Earnings Conference Call July 31, 2025 11:00 AM ET Company Participants Geoffrey T. Murray - Executive Vice-President of Commercial Jeffery G.

7 days ago - Seeking Alpha

Canada's Cenovus Energy second-quarter profit falls on lower production

Canadian oil and gas producer Cenovus Energy posted a fall in second-quarter profit on Thursday, hurt by lower upstream production due to the impact from wildfires.

7 days ago - Reuters

Cenovus announces second-quarter 2025 results

CALGARY, Alberta, July 31, 2025 (GLOBE NEWSWIRE) -- Cenovus Energy Inc. (TSX: CVE) (NYSE: CVE) today announced its second-quarter 2025 financial and operating results. The company generated approximat...

7 days ago - GlobeNewsWire

Cenovus to hold second-quarter 2025 conference call and webcast on July 31

CALGARY, Alberta, July 24, 2025 (GLOBE NEWSWIRE) -- Cenovus Energy Inc. (TSX:CVE) (NYSE:CVE) will release its second-quarter 2025 results on Thursday, July 31, 2025. The news release will provide cons...

14 days ago - GlobeNewsWire

Cenovus Energy: A Little More Deleveraging

Cenovus Energy continues redeeming preferred shares. Temporary production shutdown from Alberta fires will slightly lower output. Net debt rose in Q1 due to a working capital increase.

5 weeks ago - Seeking Alpha

Cenovus Energy: One Of My Favorite Value Stocks In Energy

Cenovus Energy offers compelling value, trading at a discount despite robust fundamentals and a recent 11% dividend increase, yielding 4.3%. CVE has low-cost, long-life oil sands assets and a diversif...

5 weeks ago - Seeking Alpha

20 oil stocks passing a quality screen as Investors wonder what Iran will do next

Nobody knows how badly the international oil market might be disrupted by Iran. But if you want to take advantage of the uncertainty, a screen encompassing debt levels and cash flow can limit your ris...

6 weeks ago - Market Watch

Canada's Cenovus Energy restarts production at Christina Lake oil sands

Canadian oil producer Cenovus Energy said on Thursday it had restarted production at its Christina Lake oil sands facility in Alberta, following a temporary shutdown due to nearby wildfire activity.

2 months ago - Reuters

Cenovus Energy restores full production at Christina Lake

CALGARY, Alberta, June 12, 2025 (GLOBE NEWSWIRE) -- Cenovus Energy Inc. (TSX: CVE) (NYSE: CVE) has now safely ramped up production at its Christina Lake oil sands asset following wildfire activity in ...

2 months ago - GlobeNewsWire

US still dependent on Canadian oil, despite Trump's claims, Cenovus CEO says

The U.S. is still reliant on Canadian oil imports, despite claims made by U.S. President Donald Trump, Cenovus Energy's CEO said on Tuesday at a conference in Calgary, Alberta.

2 months ago - Reuters

2 Dirt Cheap Dividend Stocks That Are Practically Giving Themselves Away

Even pros can't beat the market. Forecasts fail, fees pile up, and short-term thinking hurts returns. So I stick to quality dividend stocks. I found two high-conviction dividend stocks that the market...

Other symbols: MRK
2 months ago - Seeking Alpha

Cenovus Energy announces redemption of Series 7 Preferred Shares

CALGARY, Alberta, June 02, 2025 (GLOBE NEWSWIRE) -- Cenovus Energy Inc. (“Cenovus” or the “Company”) (TSX: CVE) (NYSE: CVE) announced today it will exercise its right to redeem the Company's 3.935% Se...

2 months ago - GlobeNewsWire

Cenovus Energy: Another Dividend Increase

Cenovus Energy's rapidly growing dividend is well-supported by integrated operations and low-cost thermal assets. Preferred share retirement, growing dividends, and share buybacks highlight strong sha...

2 months ago - Seeking Alpha

Cenovus Energy provides operations update on impact of Alberta wildfires

CALGARY, Alberta, June 01, 2025 (GLOBE NEWSWIRE) -- Cenovus Energy Inc. (TSX: CVE) (NYSE: CVE) is providing an update on its Oil Sands operations following ongoing wildfire activity in northern Albert...

2 months ago - GlobeNewsWire

Cenovus Energy: Disciplined Growth, Aggressive Buybacks, Real Value

Cenovus Energy offers disciplined growth, low-cost operations, and rising shareholder returns through aggressive buybacks and a growing dividend. Production is set to grow by 40% per share, with major...

2 months ago - Seeking Alpha

Cenovus Energy scales back non-essential staff as Canada wildfires spread

Cenovus Energy said on Wednesday it was scaling back non-essential workers at its Foster Creek facility in response to wildfires in northern Alberta.

2 months ago - Reuters

Cenovus reports voting results of annual meeting of shareholders

CALGARY, Alberta, May 08, 2025 (GLOBE NEWSWIRE) -- Cenovus Energy Inc. (TSX: CVE) (NYSE: CVE) held its annual meeting of shareholders on May 8, 2025. Each matter voted on is described in greater detai...

3 months ago - GlobeNewsWire

Cenovus Energy Inc. (CVE) Q1 2025 Earnings Call Transcript

Cenovus Energy Inc. (NYSE:CVE) Q1 2025 Earnings Conference Call May 8, 2025 11:00 AM ET Company Participants Patrick Read – Vice President, Investor Relations and Internal Audit Jon McKenzie – Chief ...

3 months ago - Seeking Alpha

Cenovus announces first-quarter 2025 results

CALGARY, Alberta, May 08, 2025 (GLOBE NEWSWIRE) -- Cenovus Energy Inc. (TSX: CVE) (NYSE: CVE) today announced its first-quarter 2025 financial and operating results. The company generated more than $1...

3 months ago - GlobeNewsWire

Cenovus to hold first-quarter 2025 conference call and webcast and 2025 Annual Meeting of Shareholders on May 8

CALGARY, Alberta, May 01, 2025 (GLOBE NEWSWIRE) -- Cenovus Energy Inc. (TSX:CVE) (NYSE:CVE) will release its first-quarter 2025 results on Thursday, May 8, 2025. The news release will provide consolid...

3 months ago - GlobeNewsWire

Cenovus Energy: An Acquisition And Potential Tariff Exposure

Cenovus Energy acquired Gear Energy's heavy oil assets for C$110 million. The company faces tariff threats due to its significant refining capacity in the U.S. Tariffs could disrupt cost-efficient ind...

3 months ago - Seeking Alpha

Cenovus: Despite Lower Expected Oil Prices, Excellent Growth Potential With Reasonable Debt

The company expects to increase its production at a 4.40% CAGR between 2024 and 2028. Cenovus has a reasonable debt level. In 2024, it reported a 47.35% liabilities-to-assets ratio. The first DCF mode...

Other symbols: BNODBOGUSHIEOOIHPXJUCO
3 months ago - Seeking Alpha

Cenovus Energy's Partnership with Skills/Compétences Canada highlights commitment to Youth Development in Skilled Trades and Technologies

Cenovus Continues its Multi-Year Support of the Skills Canada National Competition Cenovus Continues its Multi-Year Support of the Skills Canada National Competition

3 months ago - GlobeNewsWire