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CVE Overview

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$
0.000
0.000(0.000%)
At close
0.000(0.000%)Aft-market
ET
$
0.000
0.000(0.000%)
At close
0.000(0.000%)Aft-market
ET
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Intellectia

Loading chart...

High
24.050
Open
23.930
VWAP
23.80
Vol
21.98M
Mkt Cap
44.54B
Low
23.615
Amount
522.96M
EV/EBITDA(TTM)
7.23
Total Shares
1.88B
EV
72.10B
EV/OCF(TTM)
8.76
P/S(TTM)
1.18
Cenovus Energy Inc. is a Canada-based integrated energy company. The Company has oil and natural gas production operations in Canada and the Asia Pacific region, and upgrading, refining and marketing operations in Canada and the United States. The Company's segments include Upstream and Downstream. Its Upstream segment includes Oil Sands, Conventional, and Offshore. Its Downstream segment consists of Canadian Manufacturing and the United States Manufacturing. The Company's Upstream operations include oil sands projects in northern Alberta, in-situ thermal oil production at Christina Lake in northeast Alberta, thermal and conventional crude oil, natural gas and natural gas liquids (NGLs) projects across Western Canada, crude oil production offshore Newfoundland and Labrador and natural gas and NGLs production offshore China and Indonesia. Its Downstream operations include upgrading and refining operations in Canada and the United States, and commercial fuel operations across Canada.
Show More

Events Timeline

(ET)
2026-02-19
06:30:00
Cenovus Reports Q4 Revenue of $10.9B
select

News

moomoo
6.5
03-06moomoo
BARCLAYS: BRENT MAY REACH $120 PER BARREL
  • Barclays Update: Barclays has indicated a potential test price of $120 for Brent crude oil.
  • Market Implications: This price point could have significant implications for the oil market and related investments.
moomoo
8.0
02-28moomoo
President Trump Expresses Discontent with Iran Negotiations, Claims They Aren't Committed Enough; No Enrichment, Not Even 20%
  • Trump's Stance on Iran: President Trump expressed dissatisfaction with Iran's negotiation approach, indicating that they are not willing to compromise significantly.

  • Concerns Over Enrichment: Trump emphasized that there should be no enrichment of uranium by Iran, reiterating a hardline stance on nuclear negotiations.

  • Frustration with Current Negotiations: He conveyed that the current state of negotiations with Iran is unsatisfactory and does not meet U.S. expectations.

  • Overall Sentiment: Trump's comments reflect a broader frustration with Iran's actions and the ongoing diplomatic efforts surrounding their nuclear program.

seekingalpha
8.0
02-26seekingalpha
Cenovus Energy to Redeem Preferred Shares
  • Redemption Announcement: Cenovus Energy has announced the redemption of its 2.577% Series 1 and 3.948% Series 2 preferred shares on March 31, 2026, at a price of $25 per share, totaling approximately $300 million, primarily funded through cash on hand, reflecting the company's robust liquidity management.
  • Final Dividends: The company declared its last quarterly dividends of $0.16106 per Series 1 share and $0.24337 per Series 2 share, payable on March 31, 2026, to shareholders of record as of March 13, marking the end of dividends for these preferred shares.
  • Shareholder Impact: This redemption and dividend arrangement will affect preferred shareholders, as the redemption will reduce future dividend expenditures while potentially enhancing the company's flexibility in capital structure and future investment capabilities.
  • Market Reaction: Cenovus Energy's move may positively impact its stock price, as investors might welcome the company's clear capital return strategy, thereby boosting market confidence in its long-term growth potential.
seekingalpha
8.0
02-19seekingalpha
Cenovus Energy Declares Quarterly Dividend of C$0.20
  • Quarterly Dividend Announcement: Cenovus Energy declares a quarterly dividend of C$0.20 per share, consistent with previous distributions, indicating the company's stable cash flow and shareholder return strategy.
  • Yield Analysis: The forward yield of 2.6% reflects the company's attractiveness in the current market environment, potentially drawing more investor interest.
  • Payment Schedule: The dividend is payable on March 31, with a record date of March 13 and an ex-dividend date also on March 13, ensuring shareholders receive their returns promptly.
  • Market Reaction Expectations: Cenovus Energy's dividend policy is closely tied to the results of its MEG Energy acquisition, with analysts suggesting this will be a key factor in the company's future performance.
seekingalpha
9.5
02-19seekingalpha
Cenovus Energy Reports Q4 Earnings and Revenue Decline
  • Earnings Report: Cenovus Energy reported Q4 earnings per share of C$0.50, with total revenue of C$12.93 billion reflecting a 14.7% year-over-year decline, indicating negative impacts from weakened market demand on the company's performance.
  • Acquisition Impact: The results from Cenovus's acquisition of MEG Energy are viewed as crucial for the company's future performance, as it is expected to enhance financial conditions through resource integration and operational efficiency improvements.
  • Market Outlook: Analysts express caution regarding Cenovus Energy's outlook, with J.P. Morgan downgrading its rating, reflecting uncertainties about future profitability that could affect investor confidence.
  • Industry Dynamics: In contrast to Cenovus, Chevron and Suncor received upgrades, indicating increased market confidence in these companies, which may place Cenovus at a competitive disadvantage.
Benzinga
4.5
02-08Benzinga
Market Divergence: Tech Stocks Under Pressure
  • Market Performance Divergence: Last week, the Dow Jones Industrial Average surged 2.50% to a new all-time high, while the Nasdaq fell 1.84%, indicating the pressure on tech stocks and necessitating cautious investor sentiment amid potential risks.
  • Tech Sector Weight Impact: With tech stocks comprising about 30% of the S&P 500's market cap, their underperformance can drag down the overall index even when other sectors perform well, highlighting the need for investors to monitor signals of sector rotation closely.
  • Consumer Staples vs. Discretionary: The recent outperformance of consumer staples (XLP) over discretionary spending (XLY) may signal economic slowdown risks, prompting investors to pay attention to how this shift affects market sentiment and investment strategies.
  • Ethereum Price Decline: Ethereum has fallen below the technical support level of 2600-2800, potentially heading towards the 1650-1750 range; if it stabilizes at this level, it could represent one of the best buying opportunities in years, warranting close observation from investors.
Wall Street analysts forecast CVE stock price to rise
10 Analyst Rating
Wall Street analysts forecast CVE stock price to rise
10 Buy
0 Hold
0 Sell
Strong Buy
Current: 0.000
sliders
Low
20.00
Averages
22.66
High
32.00
Current: 0.000
sliders
Low
20.00
Averages
22.66
High
32.00
Goldman Sachs
Buy
maintain
$22 -> $29
AI Analysis
2026-03-12
New
Reason
Goldman Sachs
Price Target
$22 -> $29
AI Analysis
2026-03-12
New
maintain
Buy
Reason
Goldman Sachs raised the firm's price target on Cenovus Energy to $29 from $22 and keeps a Buy rating on the shares. Estimates across U.S. Majors and Canadian Oils have been updated to reflect recent Middle East disruptions, with price targets raised despite strong year-to-date equity performance, the analyst tells investors in a research note.
Veritas
Sell
to
Buy
upgrade
$35
2026-03-10
New
Reason
Veritas
Price Target
$35
2026-03-10
New
upgrade
Sell
to
Buy
Reason
Veritas upgraded Cenovus Energy to Buy from Sell with a C$35 price target.
Unlock Full Analyst Thesis, Get the complete breakdown of rating reason for CVE
Unlock Now

Valuation Metrics

The current forward P/E ratio for Cenovus Energy Inc (Pre-Merger) (CVE.N) is 19.84, compared to its 5-year average forward P/E of 10.76. For a more detailed relative valuation and DCF analysis to assess Cenovus Energy Inc (Pre-Merger)'s fair value, Click here.

Forward PE

The forward P/E ratio is a valuation metric that divides a company's current stock price by its estimated future earnings per share over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
5Y Average PE
10.76
Current PE
19.84
Overvalued PE
16.47
Undervalued PE
5.04

Forward EV/EBITDA

The forward EV/EBITDA ratio is a valuation metric that divides a company's enterprise value (EV) by its estimated future earnings before interest, taxes, depreciation, and amortization (EBITDA) over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
5Y Average EV/EBITDA
4.50
Current EV/EBITDA
4.94
Overvalued EV/EBITDA
5.31
Undervalued EV/EBITDA
3.69

Forward PS

The forward P/S ratio is a valuation metric that divides a company's current stock price by its estimated future sales (or revenue) per share over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
5Y Average PS
0.72
Current PS
1.16
Overvalued PS
0.88
Undervalued PS
0.55

Financials

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Whales Holding CVE

C
CK Hutchison Holdings Limited
Holding
CVE
+23.45%
3M Return
L
L1 Capital Pty. Limited
Holding
CVE
+19.59%
3M Return
Y
Yaupon Capital Management LP
Holding
CVE
+16.35%
3M Return
C
Cushing Asset Management, LP
Holding
CVE
+15.88%
3M Return
M
Merewether Investment Management LP
Holding
CVE
+14.35%
3M Return
R
Recurrent Investment Advisors LLC
Holding
CVE
+14.13%
3M Return

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Frequently Asked Questions

What is Cenovus Energy Inc (Pre-Merger) (CVE) stock price today?

The current price of CVE is 23.725 USD — it has increased 0.11

What is Cenovus Energy Inc (Pre-Merger) (CVE)'s business?

Cenovus Energy Inc. is a Canada-based integrated energy company. The Company has oil and natural gas production operations in Canada and the Asia Pacific region, and upgrading, refining and marketing operations in Canada and the United States. The Company's segments include Upstream and Downstream. Its Upstream segment includes Oil Sands, Conventional, and Offshore. Its Downstream segment consists of Canadian Manufacturing and the United States Manufacturing. The Company's Upstream operations include oil sands projects in northern Alberta, in-situ thermal oil production at Christina Lake in northeast Alberta, thermal and conventional crude oil, natural gas and natural gas liquids (NGLs) projects across Western Canada, crude oil production offshore Newfoundland and Labrador and natural gas and NGLs production offshore China and Indonesia. Its Downstream operations include upgrading and refining operations in Canada and the United States, and commercial fuel operations across Canada.

What is the price predicton of CVE Stock?

Wall Street analysts forecast CVE stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for CVE is22.66 USD with a low forecast of 20.00 USD and a high forecast of 32.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.

What is Cenovus Energy Inc (Pre-Merger) (CVE)'s revenue for the last quarter?

Cenovus Energy Inc (Pre-Merger) revenue for the last quarter amounts to 10.88B USD, decreased -7.35

What is Cenovus Energy Inc (Pre-Merger) (CVE)'s earnings per share (EPS) for the last quarter?

Cenovus Energy Inc (Pre-Merger). EPS for the last quarter amounts to 0.50 USD, increased 614.29

How many employees does Cenovus Energy Inc (Pre-Merger) (CVE). have?

Cenovus Energy Inc (Pre-Merger) (CVE) has 7211 emplpoyees as of March 12 2026.

What is Cenovus Energy Inc (Pre-Merger) (CVE) market cap?

Today CVE has the market capitalization of 44.54B USD.