Cenovus Energy Inc. (CVE)
| Market Cap | 42.24B +53.3% |
| Revenue (ttm) | 36.24B -8.4% |
| Net Income | 2.86B +25.1% |
| EPS | 1.57 +28.9% |
| Shares Out | 1.88B |
| PE Ratio | 14.79 |
| Forward PE | 32.00 |
| Dividend | $0.56 (2.49%) |
| Ex-Dividend Date | Dec 15, 2025 |
| Volume | 11,438,031 |
| Open | 23.02 |
| Previous Close | 23.13 |
| Day's Range | 22.41 - 23.39 |
| 52-Week Range | 10.23 - 23.39 |
| Beta | 0.61 |
| Analysts | Strong Buy |
| Price Target | 26.00 (+15.2%) |
| Earnings Date | Feb 19, 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 2 analysts, the average rating for CVE stock is "Strong Buy." The 12-month stock price target is $26.0, which is an increase of 15.20% from the latest price.
News
Cenovus Energy: Currency Gain Magnifies An Already Good Quarterly Comparison
Cenovus Energy reported a significant annual currency gain of approximately C$800 million. CVE's production increases and growth projects offset weaker sales prices. MEG Energy's production contribute...
Cenovus Energy Inc. (CVE:CA) Q4 2025 Earnings Call Transcript
Cenovus Energy Inc. (CVE:CA) Q4 2025 Earnings Call Transcript
Canada's Cenovus Energy posts higher fourth-quarter profit on higher production
Canadian oil and gas producer Cenovus Energy posted a rise in fourth-quarter profit on Thursday, helped by higher upstream production.
Cenovus announces fourth-quarter and full-year 2025 results
CALGARY, Alberta, Feb. 19, 2026 (GLOBE NEWSWIRE) -- Cenovus Energy Inc. (TSX: CVE) (NYSE: CVE) today announced its fourth-quarter and full-year 2025 financial and operating results. In the quarter, th...
Cenovus to hold fourth-quarter and full-year 2025 conference call and webcast on February 19
CALGARY, Alberta, Feb. 12, 2026 (GLOBE NEWSWIRE) -- Cenovus Energy Inc. (TSX:CVE) (NYSE:CVE) will release its fourth-quarter and full-year 2025 results on Thursday, February 19, 2026. The news release...
Cenovus Energy: MEG Energy Acquisition Results Are The Key To Outperformance
Cenovus Energy (CVE) is positioned for industry outperformance following the MEG Energy acquisition. The MEG deal brings immediate accretive cash flow per share. Acquisition accounting may temporarily...
Exclusive: Cenovus considers selling some Alberta assets valued around C$3 billion, sources say
Canadian oil producer Cenovus Energy is considering a sale of conventional oil and gas assets in the Deep Basin of Alberta as it looks to cut debt after the recent takeover of oil sands rival MEG Ener...
Cenovus Energy: Big Year Ahead
Cenovus Energy is poised for significant production growth in 2026, driven by the MEG Energy acquisition and organic investments. CVE expects 15–20% production growth in 2026, with management guiding ...
Venezuelan oil would boost US refiners, hurt Canadian producers
A full-scale resumption of Venezuelan oil exports would benefit refiners in the United States and lower their fuel production costs, with the refineries capable of absorbing most of the roughly 1 mill...
Cenovus Energy: 2026 Is Going To Be Interesting
Cenovus Energy (CVE) released its fiscal 2026 budget in Canadian dollars. Shareholders are positioned to benefit from the accretive MEG acquisition and planned production growth. The 2026 budget conti...
I Think Investors Are Missing The Best Energy Trade For 2026
The S&P 500 has delivered an 80% return over the past three years, significantly outperforming energy stocks. Despite a 7% year-to-date gain, energy remains an underperformer compared to the broader m...
Cenovus announces 2026 capital budget and corporate guidance
CALGARY, Alberta, Dec. 11, 2025 (GLOBE NEWSWIRE) -- Cenovus Energy Inc. (TSX: CVE) (NYSE: CVE) today announced its 2026 capital budget and corporate guidance.
Cenovus Energy: Buying Scale, Boosting Returns, And Still Undervalued
Cenovus Energy (CVE) remains a buy, driven by the strategic MEG Energy acquisition and robust operational performance. The MEG deal adds 110,000 bbl/d, unlocks >C$400M annual synergies by 2028, and en...
Cenovus announces closing of $2.6 billion offering of senior notes and redemption of select notes
CALGARY, Alberta, Nov. 20, 2025 (GLOBE NEWSWIRE) -- Cenovus Energy Inc. (TSX: CVE) (NYSE: CVE) has completed a public offering in Canada and the United States of $2.6 billion in senior notes comprised...
Cenovus Energy announces $2.6 billion offering of senior notes
The prospectus supplement, the corresponding base shelf prospectus and any amendment thereto in connection with the offering of Canadian Notes will be accessible through SEDAR+ within two business day...
Cenovus announces closing of MEG Energy acquisition
CALGARY, Alberta, Nov. 13, 2025 (GLOBE NEWSWIRE) -- Cenovus Energy Inc. (TSX: CVE) (NYSE: CVE) is pleased to announce that its acquisition of MEG Energy Corp. (TSX: MEG) (MEG) was completed today. Thi...
Cenovus Energy announces renewal of share buyback program
CALGARY, Alberta, Nov. 07, 2025 (GLOBE NEWSWIRE) -- Cenovus Energy Inc. (TSX: CVE) (NYSE: CVE) announced today that the Toronto Stock Exchange (“TSX”) has approved the renewal of the company's normal ...
MEG Energy shareholders vote in favor of Cenovus' takeover bid
Canadian oil sands producer MEG Energy shareholders on Thursday voted in favor of a buyout by Cenovus Energy.
One Of The Best Energy Opportunities I've Seen In My Career - And Nobody Cares
Energy stocks are deeply undervalued relative to the S&P 500, offering attractive risk/reward as AI and LNG trends drive future demand. Natural gas markets are entering a structurally tight phase, wit...
Cenovus Energy: Raking In The Cash
Cenovus Energy delivered a major earnings beat. The refinery sale provided roughly C$1.8 billion in incoming cash. Significant share buybacks of nearly C$1 billion highlighted management's confidence ...
Cenovus Energy Inc. (CVE:CA) Q3 2025 Earnings Call Transcript
Cenovus Energy Inc. ( CVE:CA) Q3 2025 Earnings Call October 31, 2025 11:00 AM EDT Company Participants Patrick Read Jonathan McKenzie - President, CEO & Non-Independent Director Kam Sandhar - Executi...
Cenovus announces third-quarter 2025 results
CALGARY, Alberta, Oct. 31, 2025 (GLOBE NEWSWIRE) -- Cenovus Energy Inc. (TSX: CVE) (NYSE: CVE) today announced its third-quarter 2025 financial and operating results. The company generated approximate...
MEG Energy adjourns shareholder vote on Cenovus offer citing regulatory inquiry
The board of Canadian oil sands company MEG Energy adjourned its expected shareholder vote Thursday on a buyout by Cenovus Energy , saying a regulatory inquiry has prompted the need to disclose additi...
MEG Energy pauses meeting on Cenovus takeover vote to address 'regulatory inquiry'
MEG Energy paused the shareholder meeting to vote on the Cenovus Energy takeover bid on Thursday, to address a "regulatory inquiry" it received on Wednesday evening.
Cenovus Energy further sweetens MEG Energy takeover offer
MEG Energy said on Monday Cenovus Energy has further sweetened its takeover offer for the company to C$30.00 per share, ahead of the shareholder vote.