Cenovus Energy Inc. (CVE)
| Market Cap | 60.80B +126.5% |
| Revenue (ttm) | 37.93B +3.1% |
| Net Income | 4.69B +148.9% |
| EPS | 2.55 +153.0% |
| Shares Out | 1.84B |
| PE Ratio | 12.92 |
| Forward PE | 12.59 |
| Dividend | $0.61 (1.85%) |
| Ex-Dividend Date | Sep 15, 2026 |
| Volume | 4,021,671 |
| Open | 32.64 |
| Previous Close | 32.48 |
| Day's Range | 32.45 - 33.00 |
| 52-Week Range | 14.85 - 33.40 |
| Beta | 0.50 |
| Analysts | Buy |
| Price Target | 36.77 (+11.66%) |
| Earnings Date | Jul 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]
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 18 analysts, the average rating for CVE stock is "Buy." The 12-month stock price target is $36.77, which is an increase of 11.66% from the latest price.
News
Cenovus Energy price target raised to C$50 from C$43 at Morgan Stanley
Morgan Stanley raised the firm’s price target on Cenovus Energy (CVE) to C$50 from C$43 and keeps an Overweight rating on the shares. The firm updated estimates and targets in…
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…
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.
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 ...
Cenovus Energy Earnings Call Transcript: Q2 2026
Record quarterly results driven by strong oil sands production, cost reductions, and high downstream utilization. Full-year production guidance was raised, net debt fell sharply, and shareholder returns increased. Major projects were completed ahead of schedule, and a new MOU supports future growth.
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.
Cenovus Energy Earnings release: Q2 2026
Cenovus Energy released its Q2 2026 earnings on July 29, 2026, summarizing the period's financial results.
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.
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.
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…
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...
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...
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...
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.
Cenovus Energy assumed with an Outperform at Scotiabank
Scotiabank assumed coverage of Cenovus Energy (CVE) with an Outperform rating and C$47 price target Although Canadian oil and gas equities have materially outperformed year-to-date, the firm continues...
Cenovus CEO says proposed pipeline to Canada's west coast currently 'unfinanceable'
Cenovus Energy CEO Jon McKenzie said Tuesday Alberta's proposed 1 million barrel-per-day pipeline to British Columbia's Pacific coast cannot be financed by the private sector under Canada's cur...
Cenovus Energy price target raised to C$47 from C$44 at Scotiabank
Scotiabank raised the firm’s price target on Cenovus Energy (CVE) to C$47 from C$44 and keeps an Outperform rating on the shares.
Cenovus Energy price target raised to C$47 from C$45 at RBC Capital
RBC Capital analyst Greg Pardy raised the firm’s price target on Cenovus Energy (CVE) to C$47 from C$45 and keeps an Outperform rating on the shares.
Cenovus Energy price target raised to $36 from $32 at Goldman Sachs
Goldman Sachs raised the firm’s price target on Cenovus Energy (CVE) to $36 from $32 and keeps a Buy rating on the shares. The firm continues to expect a volume…
Cenovus Energy Shareholders Back Board as CEO Targets 1 Million BOE/Day Exit Rate
Cenovus Energy NYSE: CVE shareholders approved all voting items at the company's virtual annual meeting, including the appointment of PwC as auditor, the election of directors and a non-binding adviso...
Cenovus Energy Q1 Earnings Call Highlights
Cenovus Energy NYSE: CVE reported strong first-quarter 2026 operating and financial results, with management highlighting record oil sands volumes, solid refinery performance and progress on major gro...
Cenovus Energy price target raised to C$44 from C$38 at Scotiabank
Scotiabank analyst Kevin Fisk raised the firm’s price target on Cenovus Energy (CVE) to C$44 from C$38 and keeps an Outperform rating on the shares.
Cenovus Energy price target raised to C$45 from C$42 at RBC Capital
RBC Capital raised the firm’s price target on Cenovus Energy (CVE) to C$45 from C$42 and keeps an Outperform rating on the shares.
Cenovus Energy reports Q1 EPS 83c, consensus 55c
Reports Q1 revenue 12.4B frp, $10.9B in the previous quarter. Reports Q1 upstream production of 972,100 BOE/d, an increase of 54,200 BOE/d or 6% from Q4 2025 and 153,200 BOE/d…