TSX:CVEOil and Gas
Cenovus Energy (TSX:CVE) Q1 Net Margin Strength Tests Bearish Revenue Concerns
Cenovus Energy (TSX:CVE) opened 2026 with Q1 revenue of C$12.4b and basic EPS of C$0.84, alongside trailing 12 month revenue of C$48.8b and basic EPS of C$2.54 that sit against a 65.7% earnings growth rate versus a 16.3% five year average. Over recent quarters the company has seen revenue move between C$10.9b and C$13.3b, while quarterly basic EPS ranged from C$0.47 to C$0.72 through 2025 before landing at C$0.84 this quarter. This sets up a story where improving profitability and wider...