Cenovus Energy Inc. (CVE)
| Market Cap | 61.07B +101.3% |
| Revenue (ttm) | 37.93B +3.1% |
| Net Income | 4.69B +148.9% |
| EPS | 2.58 +153.0% |
| Shares Out | 1.84B |
| PE Ratio | 12.84 |
| Forward PE | 6.97 |
| Dividend | $0.61 (1.82%) |
| Ex-Dividend Date | Sep 15, 2026 |
| Volume | 3,813,154 |
| Open | 33.22 |
| Previous Close | 33.17 |
| Day's Range | 32.80 - 33.50 |
| 52-Week Range | 15.63 - 34.16 |
| Beta | 0.60 |
| Analysts | Buy |
| Price Target | 36.48 (+10.28%) |
| Est. Earnings | Nov 3, 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 16 analysts, the average rating for CVE stock is "Buy." The 12-month stock price target is $36.48, which is an increase of 10.28% from the latest price.
News
Cenovus Energy price target raised to C$56 from C$51 at Scotiabank
Scotiabank raised the firm’s price target on Cenovus Energy (CVE) to C$56 from C$51 and keeps an Outperform rating on the shares.
Cenovus Energy price target raised to C$54 from C$51 at Jefferies
Jefferies raised the firm’s price target on Cenovus Energy (CVE) to C$54 from C$51 and keeps a Buy rating on the shares as part of a Q1 earnings preview. The…
Is Cenovus Energy Inc (CVE) Overvalued After 3.0% Rally? GF Value Says Overvalued
Is Cenovus Energy Inc (CVE) Overvalued After 3.0% Rally? GF Value Says Overvalued
3 Reasons Why Growth Investors Shouldn't Overlook Cenovus (CVE)
Cenovus (CVE) possesses solid growth attributes, which could help it handily outperform the market.
Cenovus Energy price target lowered to C$51 from C$53 at Raymond James
Raymond James analyst Michael Barth lowered the firm’s price target on Cenovus Energy (CVE) to C$51 from C$53 and keeps an Outperform rating on the shares.
The Zacks Analyst Blog Highlights Crescent Energy, Devon Energy, Energy Transfer, Cenovus Energy and Drilling Tools International
Crescent Energy, Energy Transfer and others are pursuing major acquisitions to expand production, boost efficiency and strengthen cash flow as energy M&A activity accelerates.
Cenovus Energy Inc (CVE) Shares Surge 3.0% -- What GF Score of 50 Tells Investors
Cenovus Energy Inc (CVE) Shares Surge 3.0% -- What GF Score of 50 Tells Investors
Zacks.com featured highlights Enlight Renewable, Vicor and Cenovus Energy
Enlight Renewable, Vicor and Cenovus Energy have been highlighted in this Screen of The Week article.
News of the day: Cenovus and Suncor deals, student housing developments, hidden market warnings, better living standards, bond markets and more
Catch up on the stories we’re following today
Cenovus, Suncor double down on oilsands in fresh burst of dealmaking
Tighten their grip on northern Alberta in back-to-back announcements
Cenovus strikes $5.7B deal to buy Athabasca Oil, expand production
Cenovus Energy said on Monday it would buy Athabasca Oil in a $5.7 billion (US$4 billion) cash-and-stock deal, cementing its position as one of Canada’s largest oilsands producers at a time the countr...
Cenovus Energy Strikes C$5.7B Deal for Athabasca Oil, Eyes Major Oil Sands Growth
Cenovus Energy NYSE: CVE said it has entered into a definitive agreement to acquire Athabasca Oil Corp. in a cash-and-stock transaction valued at approximately C$5.7 billion, or about C$12 per Athabas...
M&A News: Canada’s Cenovus Energy (CVE) Buys Athabasca Oil for $4 Billion
Two Canadian energy giants are planning to combine as the sector seeks to achieve greater economies of scale.
Cenovus Energy Transcript: M&A announcement
The CAD 5.7B acquisition adds long-life oil sands reserves, Duvernay ownership and thermal growth options, with ~CAD 85M in annual synergies. Accelerated development targets ~115,000 bbl/day of thermal production by 2032; adjusted funds flow/share accretion is expected in 2027.
Cenovus Energy Press release: M&A announcement
Cenovus Energy issued a press release on October 5, 2026, disclosing material business information to investors.
Cenovus Energy Slides: M&A announcement
Cenovus Energy has posted slides in relation to its latest quarterly earnings report, which was published on October 5, 2026.
Cenovus Energy (CVE) to Acquire Athabasca Oil in C$5.7 Billion Deal
Cenovus Energy (CVE) to Acquire Athabasca Oil in C$5.7 Billion Deal
Cenovus to buy Athabasca Oil at US$4 billion valuation
The cash and share takeover would add about 45,000 barrels of oil equivalent a day to Cenovus’s output
Cenovus Energy To Acquire Athabasca Oil
(RTTNews) - Cenovus Energy (CVE.TO, CVE) announced it has entered into a definitive arrangement agreement to acquire Athabasca Oil Corporation (ATH.TO) in a cash and stock transaction with an implied ...
Cenovus to buy Athabasca Oil in C$5.7 billion cash-and-stock deal
Cenovus Energy said on Monday it would acquire Athabasca Oil in a cash-and-stock transaction valuing the Canadian oil producer at an implied enterprise value of C$5.7 billion ($4.00 billio...
Cenovus announces agreement to acquire Athabasca Oil Corporation
CALGARY, Alberta, Oct. 05, 2026 (GLOBE NEWSWIRE) — Cenovus Energy Inc. (TSX: CVE) (NYSE: CVE) today announced that it has entered into a definitive arrangement agreement to acquire Athabasca Oil Corpo...
Cenovus Energy to acquire Athabasca Oil for $5.7B in cash and stock
06:00 EDT Cenovus Energy (CVE) to acquire Athabasca Oil for $5.7B in cash and stock
Cenovus Energy to acquire Athabasca Oil for $5.7B in cash and stock
Cenovus Energy (CVE) announced that it has entered into a definitive arrangement agreement to acquire Athabasca Oil Corporation in a cash and stock transaction with an implied enterprise value of…
Athabasca Oil Announces Agreement to be Acquired by Cenovus Energy
$12.00 per share Purchase Price, represents a 14% premium to Athabasca’s 20-day volume-weighted average trading price Transaction consideration mix of 35% Cenovus shares and 65% cash; Athabasca shareh...
Athabasca Oil Announces Agreement to be Acquired by Cenovus Energy
CALGARY, Alberta, Oct. 05, 2026 (GLOBE NEWSWIRE) -- Athabasca Oil Corporation (TSX: ATH) (“Athabasca” or the “Company”) is pleased to announce that it has entered into a definitive arrangement agreeme...