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 - $33.40
Previous Close$15.44
Volume7.41M
Average Volume (3M)7.03M
Market Cap
$59.76B
Enterprise Value$74.32K
Total Cash (Recent Filing)$3.17B
Total Debt (Recent Filing)$11.63B
Price to Earnings (P/E)12.4
Beta0.14
Next Earnings
Nov 04, 2026EPS Estimate
0.89Next Dividend Ex-DateN/A
Dividend Yield1.83%
Share Statistics
EPS (TTM)3.61
Shares Outstanding1,844,245,000
10 Day Avg. Volume6,350,838
30 Day Avg. Volume7,033,050
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 Cap<0.01
Enterprise Value/Revenue<0.01
Enterprise Value/Gross Profit<0.01
Enterprise Value/Ebitda<0.01
Forecast
1Y Price Target
$37.47Price Target Upside21.83% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering12
EPS Forecast (FY)3.32
Revenue Forecast (FY)$41.78B
Bulls Say, Bears Say
Bulls Say
Integrated Value ChainIntegration provides multiple earnings streams and can partially offset upstream price volatility, as lower crude costs may support refining economics. Refining and logistics also improve market access and help capture value across the hydrocarbon chain.
Production Growth And Cost ExecutionHigher production guidance and strong oil sands performance support volume growth, while lower operating costs improve project economics. Christina Lake and Foster Creek execution indicate durable operational capability and potential for scalable output.
Cash Generation And DeleveragingRobust operating and free cash flow gives Cenovus capacity to fund capital programs, reduce debt and return capital without relying solely on external financing. Deleveraging further strengthens resilience against commodity downturns.
Bears Say
Commodity Price CyclicalityEarnings remain sensitive to crude prices, heavy-oil differentials, refining margins and foreign exchange. This cyclicality can reduce revenue visibility, make free cash flow uneven and pressure returns even when operating execution remains strong.
Condensate Supply ExposureThe large structural supply gap leaves thermal operations exposed to condensate availability and pricing. Tighter supply or higher diluent costs could raise transportation and operating expenses and constrain future oil sands growth.
Capital Intensity And Regulatory UncertaintySustaining and growth capital requirements can limit the portion of accounting earnings converted into discretionary cash. At the same time, unresolved carbon and policy provisions may increase costs or delay investment decisions across the portfolio.
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 $33.40 in the past 12 months.
What is Cenovus Energy Inc’s market cap?
Cenovus Energy Inc’s market cap is $59.76B.
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 58 days.
How were Cenovus Energy Inc’s earnings last quarter?
Cenovus Energy Inc released its earnings results on Jul 29, 2026. The company reported $1.105 earnings per share for the quarter, missing the consensus estimate of $1.187 by -$0.082.
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 $0.159 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 0.89.
How many shares outstanding does Cenovus Energy Inc have?
Cenovus Energy Inc has 1,844,245,000 shares outstanding.
What happened to Cenovus Energy Inc’s price movement after its last earnings report?
Cenovus Energy Inc reported an EPS of $1.105 in its last earnings report, missing expectations of $1.187. Following the earnings report the stock price went up 5.098%.
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:
$37.47 (21.83% Upside)
$37.47 (21.83% Upside)
Blogger Sentiment
Bullish
CVE Sentiment 64%
Sector Average 56%
Sector Average 56%
Hedge Fund Trend
Increased
By 430.2K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $24.4M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Neutral
Last 7 Days ▼ 0.8%
Last 30 Days ▲ 0.6%
Last 30 Days ▲ 0.6%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
102.09%
12-Months-Change
Fundamentals
Return on Equity
1.83%
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
$37.47
▲(21.83% Upside)
Technical Analysis
1 Day
3 Days
1 Week
1 Month
Ownership Overview
0.17% Insiders
22.82% Mutual Funds
19.85% Other Institutional Investors
47.98% Public Companies and Individual Investors






