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CVE Stock Chart & Stats
C$41.30
-C$1.37(-3.32%)
At close: 4:00 PM EDT
C$41.30
-C$1.37(-3.32%)
Day’s Range― - ―
52-Week RangeC$20.32 - C$44.13
Previous CloseN/A
Volume1.89M
Average Volume (3M)5.24M
Market Cap
C$76.65B
Enterprise ValueC$74.32K
Total Cash (Recent Filing)C$3.17B
Total Debt (Recent Filing)C$11.63B
Price to Earnings (P/E)11.7
Beta0.35
Next Earnings
Nov 04, 2026EPS Estimate
1.2Next Dividend Ex-DateN/A
Dividend Yield1.95%
Share Statistics
EPS (TTM)3.61
Shares Outstanding1,844,245,000
10 Day Avg. Volume4,486,722
30 Day Avg. Volume5,236,795
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$50.67Price Target Upside22.68% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering8
EPS Forecast (FY)4.5
Revenue Forecast (FY)C$57.89B
Bulls Say, Bears Say
Bulls Say
Robust Cash GenerationSustained high operating cash flow and sizeable free cash flow provide durable funding for capex, debt reduction, and shareholder returns. This cash-generation base increases financial flexibility across the cycle, enabling reinvestment and cushioning commodity-driven earnings swings.
Integrated Downstream StrengthHigh refinery utilization and meaningful downstream margins give Cenovus structural hedging versus pure upstream exposure. Consistent refining throughput captures value from internal feedstock and diversifies cash flow, improving margin stability across commodity cycles.
Proven Operational Execution And Production GrowthRepeatable project delivery and rising oil sands output demonstrate execution capability that supports medium-term volume growth and lower unit costs. Meeting and raising guidance shows durable operational momentum that underpins sustained cash flow expansion.
Bears Say
Condensate/diluent Supply DependencyA structural shortfall in condensate/diluent makes thermal oil growth dependent on external supply markets. Tightness or price spikes can raise operating costs, constrain expansion timing, and erode margin advantages in oil sands, affecting multi-quarter growth plans.
Weaker Adjusted Market Capture/feedstock DislocationsA decline in market capture reflects structural mismatches between product prices and feedstock costs. Persistent regional price dislocations can reduce refining economics and integrated capture, lowering long-run downstream contributions to cash flow.
Regulatory And Policy UncertaintyUnresolved policy details and potential uncompetitive carbon costs create enduring planning risk for capital-intensive oil sands projects. Regulatory unpredictability can raise long-term operating costs, alter project returns, and slow investment decisions.
CVE FAQ
What was Cenovus Energy’s price range in the past 12 months?
Cenovus Energy lowest stock price was C$20.32 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$76.65B.
When is Cenovus Energy’s upcoming earnings report date?
Cenovus Energy’s upcoming earnings report date is Nov 04, 2026 which is in 82 days.
How were Cenovus Energy’s earnings last quarter?
Cenovus Energy released its earnings results on Jul 29, 2026. The company reported C$1.53 earnings per share for the quarter, missing the consensus estimate of C$1.643 by -C$0.113.
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 1.95%. See more information on Cenovus Energy dividends here
What is Cenovus Energy’s EPS estimate?
Cenovus Energy’s EPS estimate is 1.2.
How many shares outstanding does Cenovus Energy have?
Cenovus Energy has 1,844,245,000 shares outstanding.
What happened to Cenovus Energy’s price movement after its last earnings report?
Cenovus Energy reported an EPS of C$1.53 in its last earnings report, missing expectations of C$1.643. Following the earnings report the stock price went up 4.531%.
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
2
3
4
5
6
7
8
9
10
Analyst Consensus
Strong Buy
Average Price Target:
C$50.67 (22.68% Upside)
C$50.67 (22.68% Upside)
Blogger Sentiment
Bullish
TSE:CVE Sentiment 80%
Sector Average 56%
Sector Average 56%
Insider Transactions
Sold Shares
Worth C$19.4M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Negative
Last 7 Days ▼ 1.1%
Last 30 Days ▼ 0.3%
Last 30 Days ▼ 0.3%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
109.50%
12-Months-Change
Fundamentals
Return on Equity
1.95%
Trailing 12-Months
Asset Growth
12.20%
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
Q2 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
The call conveys a strongly positive operational and financial quarter: record operating margin and adjusted funds flow, substantial production growth (including record oil sands and Christina Lake performance), meaningful cost reductions, a stronger balance sheet with significant net debt reduction and increased shareholder returns. Operational excellence (early project delivery, improved turnaround efficiency and high refinery utilization) was repeatedly emphasized. Key risks highlighted include condensate/diluent supply exposure, a decline in adjusted market capture due to product price dynamics, upcoming turnarounds and tax timing, and remaining regulatory uncertainties tied to the trilateral MOU. Overall, the positive financial and operational achievements materially outweigh the challenges discussed.View all TSE:CVE earnings summariesCVE Stock 12 Month Forecast
All Analysts
Top Analysts
Average Price Target
C$50.67
▲(22.68% Upside)
Technical Analysis
1 Day
3 Days
1 Week
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