Cenovus Energy Inc.

NYSE:CVE Stock Report

Market Cap: US$41.1b

Cenovus Energy Future Growth

Future criteria checks 1/6

Cenovus Energy's revenue is forecast to decline at 2.9% per annum while its annual earnings are expected to grow at 9% per year. EPS is expected to grow by 15.5% per annum. Return on equity is forecast to be 9% in 3 years.

Key information

9.0%

Earnings growth rate

15.47%

EPS growth rate

Oil and Gas earnings growth11.9%
Revenue growth rate-2.9%
Future return on equity9.04%
Analyst coverage

Low

Last updated23 Feb 2026

Recent future growth updates

Recent updates

Cenovus Energy: Big Year Ahead

Jan 15

Cenovus: Despite Lower Expected Oil Prices, Excellent Growth Potential With Reasonable Debt

Apr 29

Cenovus Energy: Even More Attractive

Dec 03

Cenovus: Record Valuation Discount Could Set Up Strong Returns

Nov 20

Cash-Flow Gusher: Why Cenovus Remains One Of My Favorite Energy Plays

Nov 01

Cenovus Energy: A Cash Flow Monster

Sep 04

Cenovus Energy: Net Debt Target Bullseye So Here Comes The Cash

Aug 02

The Negativity Toward Cenovus Energy Is Overdone

Jun 12

Cenovus Energy: 29% Dividend Hike Is Just The Beginning

Jun 05

Cash Flow Gusher: How Cenovus Energy Can Shower You With Dividends

May 12

Cenovus Energy: My Top Pick Among Canadian Majors

Apr 10

Cenovus Energy: Possibly One Of The Most Undervalued Energy Stocks

Feb 18

Cenovus Energy: The Waiting Is The Hardest Part

Nov 16

Canada's Best - Cenovus Is A Significantly Undervalued Buyback Powerhouse

Nov 06

Cenovus Energy Inc: Not Getting A Lot Of Value Here

Oct 05

Cenovus Energy: This Variable Can Turbocharge The E&P Rally

Sep 15

Earnings and Revenue Growth Forecasts

NYSE:CVE - Analysts future estimates and past financials data (CAD Millions)
DateRevenueEarningsFree Cash FlowCash from OpAvg. No. Analysts
12/31/202746,9623,5854,9599,4533
12/31/202644,3062,4693,5708,5863
12/31/202549,6963,9163,3218,228N/A
9/30/202551,6263,1212,8247,849N/A
6/30/202552,2502,6482,9758,192N/A
3/31/202554,5132,7923,4178,625N/A
12/31/202454,2773,1064,2209,235N/A
9/30/202454,5983,7035,44510,152N/A
6/30/202455,3564,7476,03010,416N/A
3/31/202453,0054,6135,3669,599N/A
12/31/202352,2044,0733,0907,388N/A
9/30/202353,1334,1143,0107,412N/A
6/30/202356,0273,8594,5208,763N/A
3/31/202362,9615,4265,6899,752N/A
12/31/202266,8976,4157,69511,403N/A
9/30/202266,5605,2247,34810,617N/A
6/30/202261,7904,1665,6168,666N/A
3/31/202253,2621,9584,2947,056N/A
12/31/202146,3575533,3565,919N/A
9/30/202136,3808162,0073,985N/A
6/30/202127,338801,0962,579N/A
3/31/202118,875-371-720376N/A
12/31/202013,543-2,379-586273N/A
9/30/202014,631-2,113-166763N/A
6/30/202015,708-1,732-204865N/A
3/31/202019,1372871,8022,974N/A
12/31/201920,5422,1942,1023,285N/A
9/30/201919,888731N/A3,030N/A
6/30/201921,009302N/A3,455N/A
3/31/201921,238-1,892N/A2,713N/A
12/31/201820,843-2,916N/A2,154N/A
9/30/201821,378-2,342N/A2,569N/A
6/30/201819,907-1,825N/A1,902N/A
3/31/201818,1121,143N/A2,608N/A
12/31/201717,0432,268N/A3,059N/A
9/30/201715,2882,835N/A2,323N/A
6/30/201713,8472,505N/A2,041N/A
3/31/201712,556-284N/A1,007N/A
12/31/201611,006-459N/A861N/A
9/30/201610,606-891N/A1,019N/A
6/30/201610,934965N/A1,251N/A
3/31/201611,9141,322N/A1,381N/A
12/31/201511,529914N/A1,474N/A
9/30/201514,378787N/A2,020N/A
6/30/201516,075-660N/A2,570N/A
3/31/201517,771-171N/A3,344N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: CVE's forecast earnings growth (9% per year) is above the savings rate (3.4%).

Earnings vs Market: CVE's earnings (9% per year) are forecast to grow slower than the US market (15.7% per year).

High Growth Earnings: CVE's earnings are forecast to grow, but not significantly.

Revenue vs Market: CVE's revenue is expected to decline over the next 3 years (-2.9% per year).

High Growth Revenue: CVE's revenue is forecast to decline over the next 3 years (-2.9% per year).

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: CVE's Return on Equity is forecast to be low in 3 years time (9%).

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/02/26 22:38
End of Day Share Price 2026/02/26 00:00
Earnings2025/12/31
Annual Earnings2025/12/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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 39 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Harshit GuptaAccountability Research Corporation
Patrick O'RourkeATB Cormark
Brent WatsonATB Cormark Historical (Cormark Securities)