CVE Stock Chart & Stats
$30.76
-$0.44(-1.48%)
At close: 4:00 PM EDT
$30.76
-$0.44(-1.48%)
Day’s Range― - ―
52-Week Range$15.63 - $34.16
Previous Close$15.44
Volume7.41M
Average Volume (3M)7.35M
Market Cap
$60.33B
Enterprise Value$74.32B
Total Cash (Recent Filing)$3.17B
Total Debt (Recent Filing)$11.63B
Price to Earnings (P/E)12.9
Beta0.04
Next Earnings
Nov 04, 2026EPS Estimate
1.14Next Dividend Ex-DateN/A
Dividend Yield1.83%
Share Statistics
EPS (TTM)3.61
Shares Outstanding1,816,465,800
10 Day Avg. Volume6,695,968
30 Day Avg. Volume7,352,733
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 Cap1.23
Enterprise Value/Revenue1.38
Enterprise Value/Gross Profit6.45
Enterprise Value/Ebitda4.99
Forecast
1Y Price Target
$38.02Price Target Upside23.59% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering14
EPS Forecast (FY)3.93
Revenue Forecast (FY)$44.71B
Bulls Say, Bears Say
Bulls Say
Integrated Business ModelCenovus combines hydrocarbon production with refining and marketing, allowing weakness in one segment to be partly offset by strength in another. This diversification can reduce earnings volatility across commodity cycles and supports more resilient cash generation than a purely upstream portfolio.
Production Growth And ExecutionHigher production guidance and strong performance at Christina Lake, Narrows Lake, Foster Creek and Sunrise indicate meaningful operating momentum. Rising volumes, earlier project delivery and improved turnaround execution can expand cash-generating capacity over the next several quarters.
Cash Generation And DeleveragingRobust operating and free cash flow gives Cenovus capacity to fund capital investment, reduce debt and return capital to shareholders. The substantial debt reduction also improves balance-sheet flexibility, helping the company withstand weaker prices or fund future growth.
Bears Say
Commodity SensitivityCenovus remains exposed to oil and gas prices, differentials and refining margins, so earnings can fluctuate materially even when operations perform well. This cyclicality makes future cash flow, returns and capital allocation less predictable across changing commodity conditions.
Condensate Supply ExposureCenovus relies heavily on external condensate and diluent supplies for its thermal operations. If availability tightens or prices rise, input costs could increase and expansion could be constrained, reducing margins and limiting the benefits of production growth.
Regulatory UncertaintyUnresolved regulatory and carbon-policy provisions can affect operating economics, investment timing and long-term project returns. Continued uncertainty may complicate capital planning and raise the risk that future oil sands or infrastructure development carries higher compliance costs.
Cenovus Energy News
CVE FAQ
What was Cenovus Energy Inc’s price range in the past 12 months?
Cenovus Energy Inc lowest stock price was $15.63 and its highest was $34.16 in the past 12 months.
What is Cenovus Energy Inc’s market cap?
Cenovus Energy Inc’s market cap is $60.33B.
When is Cenovus Energy Inc’s upcoming earnings report date?
Cenovus Energy Inc’s upcoming earnings report date is Nov 04, 2026 which is in 12 days.
How were Cenovus Energy Inc’s earnings last quarter?
Cenovus Energy Inc released its earnings results on Jul 29, 2026. The company reported $1.092 earnings per share for the quarter, missing the consensus estimate of $1.173 by -$0.081.
Is Cenovus Energy Inc overvalued?
According to Wall Street analysts Cenovus Energy Inc’s price is currently Undervalued.
Does Cenovus Energy Inc pay dividends?
Cenovus Energy Inc pays a Quarterly dividend of $0.158 which represents an annual dividend yield of 1.83%. See more information on Cenovus Energy Inc dividends here
What is Cenovus Energy Inc’s EPS estimate?
Cenovus Energy Inc’s EPS estimate is 1.14.
How many shares outstanding does Cenovus Energy Inc have?
Cenovus Energy Inc has 1,816,465,800 shares outstanding.
What happened to Cenovus Energy Inc’s price movement after its last earnings report?
Cenovus Energy Inc reported an EPS of $1.092 in its last earnings report, missing expectations of $1.173. Following the earnings report the stock price went up 5.097%.
Which hedge fund is a major shareholder of Cenovus Energy Inc?
Currently, no hedge funds are holding shares in 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:
$38.02 (23.59% Upside)
$38.02 (23.59% Upside)
Blogger Sentiment
Bullish
CVE Sentiment 62%
Sector Average 65%
Sector Average 65%
Hedge Fund Trend
Increased
By 439.9K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $24.0M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Positive
Last 7 Days ▲ 0.7%
Last 30 Days ▲ 3.8%
Last 30 Days ▲ 3.8%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
95.52%
12-Months-Change
Fundamentals
Return on Equity
21.02%
Trailing 12-Months
Asset Growth
12.20%
Trailing 12-Months
Learn more about TipRanks Smart Score
Company Description
Cenovus Energy Inc
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 CVE earnings summariesCVE Stock 12 Month Forecast
All Analysts
Top Analysts
Average Price Target
$38.02
▲(23.59% Upside)
Technical Analysis
1 Day
3 Days
1 Week
1 Month
Ownership Overview
0.17% Insiders
23.17% Mutual Funds
1.19% Other Institutional Investors
64.92% Public Companies and Individual Investors









