Cenovus Energy (CVE) Stock Overview

Develops, produces, refines, transports, and markets crude oil, natural gas, and refined petroleum products in Canada, the United States, and China. More details

CVE fundamental analysis
Snowflake Score
Valuation	5/6
Future Growth	0/6
Past Performance	5/6
Financial Health	5/6
Dividends	4/6

Rewards

Trading at 53.6% below our estimate of its fair value

Earnings grew by 151.3% over the past year

Trading at good value compared to peers and industry

Risk Analysis

Earnings are forecast to decline by an average of 4.6% per year for the next 3 years

Unstable dividend track record

Significant insider selling over the past 3 months

Community Fair Values

Cenovus Energy Inc. Competitors

Price History & Performance

Summary of share price highs, lows and changes for Cenovus Energy
Historical stock prices
Current Share Price	CA$42.68
52 Week High	CA$44.13
52 Week Low	CA$20.47
Beta	0.49
1 Month Change	10.14%
3 Month Change	0.64%
1 Year Change	104.11%
3 Year Change	62.65%
5 Year Change	349.26%
Change since IPO	50.81%

Recent News & Updates

No updates

Recent updates

No updates

Shareholder Returns

	CVE	CA Oil and Gas	CA Market
7D	7.8%	2.6%	1.6%
1Y	104.1%	40.4%	32.0%

Return vs Industry: CVE exceeded the Canadian Oil and Gas industry which returned 40.4% over the past year.

Return vs Market: CVE exceeded the Canadian Market which returned 32% over the past year.

Price Volatility

Is CVE's price volatile compared to industry and market?
CVE volatility
CVE Average Weekly Movement	5.7%
Oil and Gas Industry Average Movement	8.0%
Market Average Movement	9.7%
10% most volatile stocks in CA Market	16.2%
10% least volatile stocks in CA Market	3.8%

Stable Share Price: CVE has not had significant price volatility in the past 3 months compared to the Canadian market.

Volatility Over Time: CVE's weekly volatility (6%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
2009	7,211	Jon McKenzie	www.cenovus.com

Cenovus Energy Inc., together with its subsidiaries, develops, produces, refines, transports, and markets crude oil, natural gas, and refined petroleum products in Canada, the United States, and China. It operates through Upstream and Downstream segments. The company is involved in the development and production of bitumen and heavy oil; owns and operates pipeline gathering systems and terminals; operation of assets rich in NGLs and natural gas in Alberta and British Columbia; and offshore operations, exploration, and development activities in the East Coast of Canada and the Asia Pacific region.

Cenovus Energy Inc. Fundamentals Summary

How do Cenovus Energy's earnings and revenue compare to its market cap?
CVE fundamental statistics
Market cap	CA$77.66b
Earnings (TTM)	CA$6.65b
Revenue (TTM)	CA$53.86b

11.8x

P/E Ratio

1.5x

P/S Ratio

Is CVE overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
CVE income statement (TTM)
Revenue	CA$53.86b
Cost of Revenue	CA$37.78b
Gross Profit	CA$16.08b
Other Expenses	CA$9.43b
Earnings	CA$6.65b

Last Reported Earnings

Jun 30, 2026

Next Earnings Date

n/a

Earnings per share (EPS)	3.61
Gross Margin	29.86%
Net Profit Margin	12.35%
Debt/Equity Ratio	25.0%

How did CVE perform over the long term?

See historical performance and comparison

Dividends

2.1%

Current Dividend Yield

23%

Payout Ratio

Does CVE pay a reliable dividends?

See CVE dividend history and benchmarks

When do you need to buy CVE by to receive an upcoming dividend?
Cenovus Energy dividend dates
Ex Dividend Date	Sep 15 2026
Dividend Pay Date	Sep 29 2026
Days until Ex dividend	32 days
Days until Dividend pay date	46 days

Does CVE pay a reliable dividends?

See CVE dividend history and benchmarks

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2026/08/13 03:48
End of Day Share Price	2026/08/13 00:00
Earnings	2026/06/30
Annual Earnings	2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Cenovus Energy Inc. is covered by 40 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Harshit Gupta	Accountability Research Corporation
Patrick O'Rourke	ATB Cormark
Brent Watson	ATB Cormark Historical (Cormark Securities)