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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$19.05 - C$44.13
Previous CloseN/A
Volume1.45M
Average Volume (3M)5.84M
Market Cap
C$71.50B
Enterprise ValueC$80.57K
Total Cash (Recent Filing)C$2.58B
Total Debt (Recent Filing)C$13.75B
Price to Earnings (P/E)15.4
Beta0.53
Next Earnings
Jul 23, 2026EPS Estimate
1.67Next Dividend Ex-DateN/A
Dividend Yield3.4%
Share Statistics
EPS (TTM)2.54
Shares Outstanding1,868,318,000
10 Day Avg. Volume4,826,473
30 Day Avg. Volume5,844,911
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$46.34Price Target Upside38.11% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering9
EPS Forecast (FY)4.4
Revenue Forecast (FY)C$56.05B
Bulls Say, Bears Say
Bulls Say
Strong Cash GenerationConsistent and growing free cash flow (up ~28% TTM) supports durable self‑funding for maintenance and growth, debt reduction, and shareholder returns. Strong operating cash coverage also improves earnings quality and resilience through commodity cycles.
Integrated Upstream-downstream ModelVertical integration (upstream production plus refining/marketing) cushions crude price swings: weaker upstream prices can improve refinery economics, stabilizing margins and cash flow over cycles and enabling value capture across the supply chain.
Healthy Margins And ReturnsSustained operating and net margins with ~15% ROE indicate durable earnings power and efficient capital deployment. This margin profile supports reinvestment, cushions against commodity swings, and underpins medium‑term cash generation and shareholder optionality.
Bears Say
Top-line WeaknessMaterial revenue decline (~10% TTM) highlights exposure to commodity price and volume volatility. Persistent top‑line weakness constrains sustainable growth, reduces operating leverage benefits, and makes multi‑period planning and investment returns more uncertain.
Rising Leverage Vs 2024Leverage has risen to a moderate level (D/E ~0.42) compared with 2024, which narrows financial flexibility. Higher debt increases sensitivity to commodity downturns and interest costs, limiting capacity for opportunistic M&A, capex smoothing, or larger shareholder distributions.
Free Cash Flow Below Net IncomeFCF being roughly half of net income suggests elevated reinvestment, working capital swings, or non‑cash accounting gains. This gap limits the portion of earnings convertible to discretionary uses, constraining deleveraging, sustained capex, or consistent higher returns to shareholders.
Cenovus Energy News
CVE FAQ
What was Cenovus Energy’s price range in the past 12 months?
Cenovus Energy lowest stock price was C$19.05 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$71.50B.
When is Cenovus Energy’s upcoming earnings report date?
Cenovus Energy’s upcoming earnings report date is Jul 23, 2026 which is in 4 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 1.67.
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
2
3
4
5
6
7
8
9
10
Analyst Consensus
Strong Buy
Average Price Target:
C$46.34 (38.11% Upside)
C$46.34 (38.11% Upside)
Blogger Sentiment
Bullish
TSE:CVE Sentiment 70%
Sector Average 65%
Sector Average 65%
Insider Transactions
Sold Shares
Worth C$6.7M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Positive
Last 7 Days ▼ 0.5%
Last 30 Days ▲ 15.6%
Last 30 Days ▲ 15.6%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
104.83%
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 Stock 12 Month Forecast
Average Price Target
C$46.34
▲(38.11% Upside)