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CVE Stock Chart & Stats
C$33.55
-C$0.41(-1.83%)
At close: 4:00 PM EST
C$33.55
-C$0.41(-1.83%)
Day’s Range― - ―
52-Week RangeC$18.45 - C$44.13
Previous CloseN/A
Volume1.45M
Average Volume (3M)6.21M
Market Cap
C$66.62B
Enterprise ValueC$78.52B
Total Cash (Recent Filing)C$2.58B
Total Debt (Recent Filing)C$13.75B
Price to Earnings (P/E)14.4
Beta0.55
Next Earnings
Jul 23, 2026EPS Estimate
1.59Next Dividend Ex-DateN/A
Dividend Yield3.4%
Share Statistics
EPS (TTM)2.54
Shares Outstanding1,868,318,000
10 Day Avg. Volume7,970,101
30 Day Avg. Volume6,212,502
Financial Highlights & Ratios
PEG Ratio0.38
Price to Book (P/B)1.33
Price to Sales (P/S)0.85
P/FCF Ratio12.33
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
C$46.56Price Target Upside38.78% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering11
EPS Forecast (FY)4.47
Revenue Forecast (FY)C$56.21B
Bulls Say, Bears Say
Bulls Say
Strong Cash GenerationStrong operating cash flow and free cash flow growth (~28% TTM) provides durable capacity to fund reinvestment, dividends, and debt paydown. Reliable cash generation strengthens financial flexibility across commodity cycles and supports consistent capital allocation.
Attractive ProfitabilityHealthy TTM operating and net margins, alongside an ROE near 15%, indicate sustainable earnings power. Margin resilience supports long-term profitability through cyclical downturns, enabling reinvestment and shareholder returns without relying solely on commodity spikes.
Integrated Upstream-to-refining ModelVertical integration across upstream production and downstream refining provides structural offset to crude price swings. Refining margins can stabilize earnings when upstream realizations weaken, reducing net volatility and supporting steadier cash flows over time.
Bears Say
Revenue ContractionA roughly -10% recent revenue decline highlights sensitivity to commodity prices and volumes. Sustained top-line weakness erodes scale economies, limits margin expansion opportunities, and increases execution risk for growth-dependent capex and reinvestment plans.
Rising LeverageLeverage has increased to a moderate level (debt-to-equity ~0.42) vs prior years, reducing balance-sheet flexibility. Higher debt raises vulnerability to commodity downturns, constrains discretionary spending, and elevates refinancing and interest-rate risks over the medium term.
Weak Cash ConversionFCF roughly half of net income suggests elevated reinvestment needs or working-capital volatility. Weaker cash conversion limits capacity for sustained dividends, buybacks or debt reduction and makes capital returns more sensitive to cyclical swings in commodity prices.
CVE FAQ
What was Cenovus Energy’s price range in the past 12 months?
Cenovus Energy lowest stock price was C$18.45 and its highest was C$44.13 in the past 12 months.
What is Cenovus Energy’s market cap?
Cenovus Energy’s market cap is C$66.62B.
When is Cenovus Energy’s upcoming earnings report date?
Cenovus Energy’s upcoming earnings report date is Jul 23, 2026 which is in 21 days.
How were Cenovus Energy’s earnings last quarter?
Cenovus Energy released its earnings results on May 06, 2026. The company reported C$0.83 earnings per share for the quarter, beating the consensus estimate of C$0.799 by C$0.031.
Is Cenovus Energy overvalued?
According to Wall Street analysts Cenovus Energy’s price is currently Undervalued.
Does Cenovus Energy pay dividends?
Cenovus Energy pays a Quarterly dividend of C$0.22 which represents an annual dividend yield of 3.4%. See more information on Cenovus Energy dividends here
What is Cenovus Energy’s EPS estimate?
Cenovus Energy’s EPS estimate is 1.59.
How many shares outstanding does Cenovus Energy have?
Cenovus Energy has 1,868,318,000 shares outstanding.
What happened to Cenovus Energy’s price movement after its last earnings report?
Cenovus Energy reported an EPS of C$0.83 in its last earnings report, beating expectations of C$0.799. Following the earnings report the stock price went down -4.867%.
Which hedge fund is a major shareholder of Cenovus Energy?
Currently, no hedge funds are holding shares in TSE:CVE
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Cenovus Energy Stock Smart Score
Outperform
1
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3
4
5
6
7
8
9
10
Analyst Consensus
Strong Buy
Average Price Target:
C$46.56 (38.78% Upside)
C$46.56 (38.78% Upside)
Blogger Sentiment
Bullish
TSE:CVE Sentiment 70%
Sector Average 69%
Sector Average 69%
Insider Transactions
Sold Shares
Worth C$9.2M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Negative
Last 7 Days ▲ 17.1%
Last 30 Days ▲ 5.7%
Last 30 Days ▲ 5.7%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
87.71%
12-Months-Change
Fundamentals
Return on Equity
15.23%
Trailing 12-Months
Asset Growth
18.62%
Trailing 12-Months
Company Description
Cenovus Energy
Cenovus Energy Inc. is a global energy firm that, through its subsidiaries, engages in the exploration, production, and marketing of crude oil, natural gas liquids, and natural gas across Canada, the United States, and the Asia Pacific region. Its diverse operations are organized into six distinct business units: Oil Sands, Conventional, Offshore, Canadian Manufacturing, U.S. Manufacturing, and Retail. The Oil Sands division is dedicated to the development and extraction of bitumen and heavy oil resources in northern Alberta and Saskatchewan, encompassing significant projects like Foster Creek, Christina Lake, Sunrise, and Tucker, alongside its Lloydminster thermal and conventional heavy oil operations. The Conventional segment manages assets predominantly located in Alberta and British Columbia, specifically in areas such as Elmworth-Wapiti, Kaybob-Edson, Clearwater, and Rainbow Lake, and also holds stakes in various natural gas processing facilities. The Offshore segment focuses on exploration and development initiatives. Within Canadian Manufacturing, the company oversees the Lloydminster upgrading and asphalt refining complex, which processes heavy oil and bitumen into synthetic crude, diesel, asphalt, and other ancillary products; this segment also manages the Bruderheim crude-by-rail terminal and two ethanol production facilities. The U.S. Manufacturing arm specializes in refining crude oil to yield products such as diesel, gasoline, jet fuel, and asphalt. Lastly, the Retail segment is responsible for distributing and selling both its own and third-party refined petroleum products through retail, commercial, bulk outlets, and wholesale channels. Cenovus Energy Inc. was established in 2009 and its corporate headquarters are located in Calgary, Canada.
CVE Company Deck
CVE Earnings Call
Q1 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
The call emphasized multiple operational records (highest annual and quarterly production, project milestones, cost reductions), strong Q4 financials and cash generation, and clear synergy targets from the MEG acquisition. Key challenges include a near-term increase in net debt from the MEG transaction, tight execution timelines (notably West White Rose) amid severe weather, downstream margin seasonality and one-time inventory losses, and continued industry egress risk. On balance, the company demonstrated strong execution, cash flow and a credible plan for synergies and deleveraging, while acknowledging manageable near-term risks.View all TSE:CVE earnings summariesCVE Stock 12 Month Forecast
All Analysts
Top Analysts
Average Price Target
C$46.56
▲(38.78% Upside)
Technical Analysis
1 Day
3 Days
1 Week
1 Month
Options Prices
Currently, No data available
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