Cenovus Energy Inc. (CVE)

NYSE: CVE · Real-Time Price · USD
30.19
-0.13 (-0.43%)
At close: Jul 31, 2026, 4:00 PM EDT
30.49
+0.30 (0.99%)
After-hours: Jul 31, 2026, 7:34 PM EDT
Market Cap55.57B +102.3%
Revenue (ttm)37.93B +3.1%
Net Income4.69B +148.9%
EPS2.55 +153.0%
Shares Out 1.84B
PE Ratio11.86
Forward PE10.74
Dividend$0.59 (1.97%)
Ex-Dividend DateJun 15, 2026
Volume5,857,654
Open30.40
Previous Close30.32
Day's Range29.88 - 30.77
52-Week Range14.48 - 32.07
Beta0.50
AnalystsBuy
Price Target36.77 (+21.8%)
Earnings DateJul 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]

Sector Energy
Founded 2009
Employees 5,998
Stock Exchange NYSE
Ticker Symbol CVE
Full Company Profile

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 Statements

Analyst Summary

According to 18 analysts, the average rating for CVE stock is "Buy." The 12-month stock price target is $36.77, which is an increase of 21.80% from the latest price.

Price Target
$36.77
(21.80% upside)
Analyst Consensus: Buy
Stock Forecasts

News

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…

2 days ago - TheFly

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.

2 days ago - TheFly

Cenovus Energy Inc (CVE) Stock Up 5.1% but GF Value Says Overvalued -- GF Score: 59/100

Cenovus Energy Inc (CVE) Stock Up 5.1% but GF Value Says Overvalued -- GF Score: 59/100

3 days ago - GuruFocus

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 ...

3 days ago - MarketBeat

Compared to Estimates, Cenovus (CVE) Q2 Earnings: A Look at Key Metrics

While the top- and bottom-line numbers for Cenovus (CVE) give a sense of how the business performed in the quarter ended June 2026, it could be worth looking at how some of its key metrics compare to ...

3 days ago - Nasdaq

Cenovus Energy Reports Higher Q2 2026 EPS; Revenue Up 41%

Strong Beat. Cenovus Energy Inc. (NYSE:CVE) delivered Q2 2026 diluted earnings of $2.66 per share, crushing the $1.63 consensus estimate by 63.2% and unders... The post Cenovus Energy Reports Higher Q...

3 days ago - AlphaStreet

Cenovus Energy says profits tripled on higher prices, record oilsands production

Strong earnings and rising production at the energy giant are likely a sign of what’s to come from the oilpatch this week

3 days ago - Financial Post

Cenovus Energy Earnings Call Transcript: Q2 2026

Record quarterly results driven by strong production, cost discipline, and favorable market conditions. Production guidance was raised, costs lowered, and shareholder returns increased, with major projects completed ahead of schedule and a strong outlook for the remainder of 2026.

3 days ago - Transcripts

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.

3 days ago - Filings

Cenovus Energy Earnings release: Q2 2026

Cenovus Energy released its Q2 2026 earnings on July 29, 2026, summarizing the period's financial results.

3 days ago - Filings

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.

3 days ago - Filings

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.

3 days ago - Filings

Cenovus Energy Q2 Net Income Rises

(RTTNews) - Cenovus Energy Inc. (CVE, CVE.TO) reported that its second quarter net income increased to C$2.87 billion from C$851 million, prior year. Profit per share was C$1.53 compared to C$0.45. On...

3 days ago - Nasdaq

Cenovus Energy Releases Q2 2026 Financial Results

Cenovus Energy Inc. The post Cenovus Energy Releases Q2 2026 Financial Results first appeared on Alphastreet .

3 days ago - AlphaStreet

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…

3 days ago - TheFly

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...

3 days ago - TheFly

Cenovus raises 2026 production outlook as quarterly profit more than triples

Cenovus Energy raised its 2026 production outlook on Wednesday, after reporting a more than threefold jump in second-quarter profit helped by higher oil prices and record oil sands output, sending its...

3 days ago - Reuters

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...

3 days ago - GlobeNewsWire

Pre-Market Earnings Report for July 29, 2026 : PG, APH, VRT, GD, ADP, JCI, AON, BSX, CVE, ETR, ODFL, GRMN

The following companies are expected to report earnings prior to market open on 07/29/2026. Visit our Earnings Calendar for a full list of expected earnings releases.Procter & Gamble Company (PG)is re...

4 days ago - Nasdaq

Cenovus Energy Inc (CVE) Stock Down 4.2% but Still Overvalued -- GF Score: 59/100

Cenovus Energy Inc (CVE) Stock Down 4.2% but Still Overvalued -- GF Score: 59/100

5 days ago - GuruFocus

Interesting CVE Put And Call Options For November 2027

Investors in Cenovus Energy Inc (Symbol: CVE) saw new options become available today, for the November 2027 expiration. One of the key data points that goes into the price an option buyer is willing t...

5 days ago - Nasdaq

The Week Ahead: Earnings from Cenovus Energy, Microsoft

Here's what investors will be watching for in the week ahead.

6 days ago - BNN Bloomberg

Cenovus to hold second-quarter 2026 conference call and webcast on July 29

CALGARY, Alberta, July 22, 2026 (GLOBE NEWSWIRE) -- Cenovus Energy Inc. (TSX:CVE) (NYSE:CVE) will release its second-quarter 2026 results on Wednesday, July 29, 2026. The news release will provide con...

10 days ago - GlobeNewsWire

Cenovus Energy price target raised to C$49 from C$47 at Scotiabank

Scotiabank raised the firm’s price target on Cenovus Energy (CVE) to C$49 from C$47 and keeps an Outperform rating on the shares.

15 days ago - TheFly

Is Cenovus Energy Inc (CVE) Overvalued After 4.6% Rally? GF Value Says Overvalued

Is Cenovus Energy Inc (CVE) Overvalued After 4.6% Rally? GF Value Says Overvalued

19 days ago - GuruFocus