Cenovus Energy Inc. (CVE)
| Market Cap | 26.60B |
| Revenue (ttm) | 37.93B |
| Net Income (ttm) | 1.94B |
| Shares Out | 1.81B |
| EPS (ttm) | 1.05 |
| PE Ratio | 13.70 |
| Forward PE | 33.13 |
| Dividend | $0.53 (3.59%) |
| Ex-Dividend Date | Jun 13, 2025 |
| Volume | 14,370,751 |
| Open | 14.59 |
| Previous Close | 14.83 |
| Day's Range | 14.47 - 14.82 |
| 52-Week Range | 10.23 - 20.76 |
| Beta | 1.27 |
| Analysts | Strong Buy |
| Price Target | 25.75 (+75.77%) |
| Earnings Date | Jul 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]
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 StatementsAnalyst Forecast
According to 4 analysts, the average rating for CVE stock is "Strong Buy." The 12-month stock price forecast is $25.75, which is an increase of 75.77% from the latest price.
News
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.
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 ...
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 Dirt Cheap Dividend Stocks That Are Practically Giving Themselves Away
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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...
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...
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...
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...
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.
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...
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 ...
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...
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...
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...
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...
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
Cenovus Energy: One Of The Best Times To Buy
Cenovus Energy offers a strong investment opportunity with a low-cost production base, robust balance sheet, and improving downstream performance. Major capital projects nearing completion, such as Na...
Cenovus refinery in Toledo, Ohio, plans to shut multiple units for 6 weeks of work, source says
Cenovus will begin planned maintenance work on multiple units at its 160,000-barrel-per-day refinery in Toledo, Ohio in mid April, a source familiar with plant operations said on Thursday.
Cenovus Energy: Free Cash Flow Is Second Half Loaded
The Series 5 preferred will be redeemed. This cuts the amount of preferred outstanding roughly in half when combined with the Series 3 redemption. The net debt level needs to decline to the C$4 billi...
Down, But Not Out: My Favorite Energy Stocks For Income And Growth
President Trump aims to lower oil prices, but domestic production growth faces challenges. The administration may turn to OPEC+ and political pressure to boost supply. Despite short-term volatility, m...
I'm Buying Magnificent Dividends Up To 9% Yield
A contrarian mindset can help dividend investors find bargains, with Crescent Capital BDC and Cenovus Energy offering high yields after recent price drops. Crescent Capital BDC carries a diversified d...
Cenovus Energy announces redemption of Series 5 Preferred Shares
CALGARY, Alberta, Feb. 27, 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 4.591% Se...
Cenovus: Bargain With An Excellent Shareholder Yield
CVE is cheap due to worries about tariffs, even though those are far from guaranteed. The company should see better free cash generation this year. CVE trades at a very undemanding valuation right now...
Cenovus Energy: Weak Quarter Is The Time To Buy
Cenovus Energy reported a weak quarter. Concerns include refining issues and increased debt amid negative free cash flow. Both Toledo and Superior refineries improved operations. The startup expenses ...
Cenovus Energy Inc. (CVE) Q4 2024 Earnings Call Transcript
Cenovus Energy Inc. (NYSE:CVE) Q4 2024 Earnings Conference Call February 20, 2025 11:00 AM ET Company Participants Patrick Read - VP, IR Jon McKenzie - CEO Kam Sandhar - EVP, Strategy and Corporate D...