Cenovus Energy Inc. (CVE)

NYSE: CVE · Real-Time Price · USD
29.27
+1.03 (3.65%)
At close: Jun 2, 2026, 4:00 PM EDT
29.32
+0.05 (0.17%)
After-hours: Jun 2, 2026, 6:37 PM EDT
Market Cap54.81B +120.5%
Revenue (ttm)34.93B -10.6%
Net Income3.32B +64.3%
EPS1.81 +66.9%
Shares Out 1.87B
PE Ratio16.20
Forward PE10.28
Dividend$0.58 (1.99%)
Ex-Dividend DateMar 13, 2026
Volume4,745,550
Open28.28
Previous Close28.24
Day's Range28.23 - 29.32
52-Week Range12.88 - 32.07
Beta0.53
AnalystsStrong Buy
Price Target30.59 (+4.51%)
Earnings DateMay 6, 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 17 analysts, the average rating for CVE stock is "Strong Buy." The 12-month stock price target is $30.59, which is an increase of 4.51% from the latest price.

Price Target
$30.59
(4.51% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

Cenovus Energy Inc (CVE) Shares Fall 3.8% -- What GF Score of 66 Tells Investors

Cenovus Energy Inc (CVE) Shares Fall 3.8% -- What GF Score of 66 Tells Investors

6 days ago - GuruFocus

Zacks.com featured highlights include Murphy USA, DaVita, Microchip Technology and Cenovus Energy

MUSA, DVA, MCHP and CVE are near 52-week highs as earnings growth, cash flow strength and expansion plans fuel momentum.

11 days ago - Nasdaq

A Look at Cenovus Energy Inc (CVE) After 4.0% Decline -- GF Value $15.83 vs Price $30.53

A Look at Cenovus Energy Inc (CVE) After 4.0% Decline -- GF Value $15.83 vs Price $30.53

13 days ago - GuruFocus

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.

Other symbols: CVE
13 days ago - TheFly

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.

Other symbols: CVE
14 days ago - TheFly

Cenovus Energy Inc (CVE) Hit a 52 Week High, Can the Run Continue?

Cenovus (CVE) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.

14 days ago - Nasdaq

Zacks.com featured highlights include Cenovus Energy, Occidental Petroleum, Transportadora de Gas del Sur S.A., Deutsche Telekom and Chatham Lodging

Cenovus, Occidental, Transportadora, Deutsche Telekom and Chatham Lodging stand out for attractive EV-to-EBITDA valuations.

15 days ago - Nasdaq

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…

Other symbols: CVE
20 days ago - TheFly

Is Cenovus Energy Inc (CVE) Overvalued After 5.7% Rally? GF Value Says Overvalued

Is Cenovus Energy Inc (CVE) Overvalued After 5.7% Rally? GF Value Says Overvalued

20 days ago - GuruFocus

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...

Other symbols: CVE
23 days ago - MarketBeat

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...

Other symbols: CVE
23 days ago - MarketBeat

Cenovus Warns Oil Sands Growth Is Drying Up as Policy Uncertainty Mounts

Cenovus Energy (TSX, NYSE: CVE) just posted one of its strongest quarters on record. Its CEO used the earnings call to deliver one of the starkest warnings the oil sands industry has heard in years. J...

25 days ago - OilPrice com

CVE: Raymond James Lowers Cenovus Energy Rating but Raises Price Target

CVE: Raymond James Lowers Cenovus Energy Rating but Raises Price Target

25 days ago - GuruFocus

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.

Other symbols: CVE
26 days ago - TheFly

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.

Other symbols: CVE
26 days ago - TheFly

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…

Other symbols: CVE
26 days ago - TheFly

Cenovus Energy downgraded to Outperform from Strong Buy at Raymond James

Raymond James downgraded Cenovus Energy (CVE) to Outperform from Strong Buy with a price target of C$42, up from C$41.

Other symbols: CVE
26 days ago - TheFly

Raymond James downgrades Cenovus Energy to Outperform on valuation

Raymond James downgraded Cenovus Energy (CVE) to Outperform from Strong Buy with a price target of C$42, up from C$41. The firm views the company’s Q1 report as solid. Cenovus…

Other symbols: CVE
26 days ago - TheFly

Cenovus reports voting results of annual meeting of shareholders

CALGARY, Alberta, May 06, 2026 (GLOBE NEWSWIRE) -- Cenovus Energy Inc. (TSX: CVE) (NYSE: CVE) held its annual meeting of shareholders on May 6, 2026. Each matter voted on is described in greater detai...

Other symbols: CVE
27 days ago - GlobeNewsWire

Cenovus (CVE) Q1 Earnings: Taking a Look at Key Metrics Versus Estimates

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

27 days ago - Nasdaq

Cenovus Energy Transcript: AGM 2026

The meeting covered record operational and financial performance, major acquisitions, and growth projects. All voting items passed with strong support, and management addressed shareholder questions on audit practices and capital allocation.

27 days ago - Transcripts

Cenovus profits jump on higher prices, MEG acquisition

Oilsands major reported first-quarter profits of $1.6 billion, up 83% from a year earlier

27 days ago - Financial Post

Cenovus Energy Earnings Call Transcript: Q1 2026

Strong Q1 results driven by record oil sands production, robust refining margins, and successful integration of MEG assets. Capital discipline maintained, with increased dividends and a focus on debt reduction amid volatile markets.

27 days ago - Transcripts

Cenovus Energy Registration statement: Q1 2026

Cenovus Energy filed a registration statement on May 6, 2026, providing details about a securities offering with the SEC.

27 days ago - Filings

Cenovus Energy Registration statement: Q1 2026

Cenovus Energy filed a registration statement on May 6, 2026, providing details about a securities offering with the SEC.

27 days ago - Filings