Skip to main content
    C

    Cenovus Energy Inc (CVE)

    Official site

    ENERGY • OIL & GAS INTEGRATED • NYSE

    $32.00
    -0.62 (-1.92%)

    Market Cap: $60.55B

    Last updated: Oct 16, 2026 at 1:55 PM ET

    Earnings

    Performance (10Y)

    Beat Rate
    51%(20/39)
    Avg Surprise
    -10.59%
    Streak
    7 Q

    Upcoming Estimates

    Period ending Sep 30, 2026
    EPS Consensus$0.84
    Range$0.72 - $0.96
    2 analysts
    EPS RevisionsNo revisions (7d)
    1
    0
    30d
    EPS Estimate DriftChange to current
    90d ago$0.67+25.9%
    60d ago$0.67+25.9%
    30d ago$0.79+6.6%
    7d ago$0.840.0%
    Current$0.84
    Revenue Consensus
    $16.1B
    Range$16.1B - $16.1B
    1 analysts
    Period ending Dec 31, 2026
    EPS Consensus$0.67
    Range$0.51 - $0.86
    7 analysts
    Revenue Consensus
    $13.4B
    Range$10.8B - $17.3B
    3 analysts
    PeriodReportedEst.SurpriseB/MYoY
    Dec 26EST
    		-$0.67---
    Sep 26EST
    		-$0.84---
    Jun 26
    Reported Jul 29
    		$1.11$1.11+0.00%Beat+344.0%
    Mar 26
    Reported May 6
    		$0.65$0.55+18.18%Beat+91.2%
    Dec 25
    Reported Feb 19
    		$0.37$0.28+29.53%Beat+92.3%
    Sep 25
    Reported Oct 31
    		$0.55$0.34+61.76%Beat+83.3%
    Jun 25
    Reported Jul 31
    		$0.25$0.08+212.50%Beat-39.0%
    Mar 25
    Reported May 8
    		$0.34$0.30+13.33%Beat-33.3%
    Dec 24
    Reported Feb 20
    		$0.19$0.19+0.00%Beat-51.3%
    Sep 24
    Reported Oct 31
    		$0.30$0.31-3.23%Miss-61.0%
    Jun 24
    Reported Aug 1
    		$0.41$0.50-18.00%Miss+41.4%
    Mar 24
    Reported May 1
    		$0.51$0.37+37.84%Beat+96.2%
    Dec 23
    Reported Feb 15
    		$0.39$0.34+14.71%Beat+0.0%
    Sep 23
    Reported Nov 2
    		$0.77$0.66+16.67%Beat+45.3%
    Jun 23
    Reported Jul 27
    		$0.29$0.50-42.00%Miss-70.4%
    Mar 23
    Reported Apr 26
    		$0.26$0.29-10.34%Miss-56.7%
    Dec 22
    Reported Feb 16
    		$0.39$0.64-39.06%Miss+295.0%
    Sep 22
    Reported Nov 2
    		$0.53$0.85-37.65%Miss+71.0%
    Jun 22
    Reported Jul 28
    		$0.98$0.87+12.64%Beat+880.0%
    Mar 22
    Reported Apr 27
    		$0.60$0.52+15.38%Beat+400.0%
    Dec 21
    Reported Feb 8
    		$-0.20$0.39-151.28%Miss+42.9%
    Sep 21
    Reported Nov 3
    		$0.31$0.38-18.42%Miss+210.7%
    Jun 21
    Reported Jul 29
    		$0.10N/A-58.33%Miss+140.0%
    Mar 21
    Reported May 7
    		$0.12$-0.05+340.00%Beat+117.4%
    Dec 20
    Reported Feb 9
    		$-0.35$-0.14-150.00%Miss-250.0%
    Sep 20
    Reported Oct 29
    		$-0.28$-0.07-300.00%Miss-264.7%
    Jun 20
    Reported Jul 23
    		$-0.25$-0.44+43.18%Beat-247.1%
    Mar 20
    Reported Apr 29
    		$-0.69$-0.24-187.50%Miss-1825.0%
    Dec 19
    Reported Feb 12
    		$-0.10$0.08-225.00%Miss+92.6%
    Sep 19
    Reported Oct 31
    		$0.17$0.15+13.33%Beat+950.0%
    Jun 19
    Reported Jul 25
    		$0.17$0.27-37.04%Miss+194.4%
    Mar 19
    Reported Apr 24
    		$0.04N/A-78.95%Miss+108.5%
    Dec 18
    Reported Feb 13
    		$-1.36$-0.13-946.15%Miss-291.5%
    Sep 18
    Reported Oct 31
    		$-0.02N/A-111.11%Miss-109.1%
    Jun 18
    Reported Jul 26
    		$-0.18$0.02-1000.00%Miss-162.1%
    Mar 18
    Reported Apr 25
    		$-0.47$-0.15-213.33%Miss-1075.0%
    Dec 17
    Reported Feb 15
    		$0.71$0.11+545.45%Beat+82.1%
    Sep 17
    Reported Nov 2
    		$0.22$0.10+120.00%Beat-
    Jun 17
    Reported Jul 27
    		$0.29$0.04+625.00%Beat-
    Mar 17
    Reported Apr 26
    		$-0.04$-0.05+20.00%Beat-
    Dec 16
    Reported Feb 16
    		$0.39$-0.04+1075.00%Beat-

    Dividends

    Dividend Metrics

    Forward Yield1.98%
    Forward Annual Dividend$0.63
    Payout Ratio22.68%
    Pay MonthsMar, Jun, Sep, Dec

    Growth

    3Y CAGR+27.05%
    5Y CAGR+65.69%
    CVE dividend history and ex-dividend datesRun CVE in the free DRIP calculator

    Key Metrics

    Valuation
    P/E Ratio15.92EV/EBITDA5.63x
    Price/FCF10.52xFCF Yield9.51%
    Profitability
    Profit Margin12.40%Operating Margin23.80%
    ROE20.90%ROIC17.76%
    Financial Health
    Debt/Equity0.26xInterest Coverage17.31x
    Current Ratio1.63xQuick Ratio1.04x
    Trading Statistics
    Beta0.60Avg Volume7.26M
    52-Week High$34.1052-Week Low$15.37

    Technical Indicators Dashboard

    Moving Averages

    SMA 10$31.79
    SMA 20$31.58
    SMA 50$31.69
    SMA 200$26.46
    EMA 10$31.91
    EMA 20$31.81
    EMA 50$31.23
    EMA 200$26.77

    MACD

    Line: 0.12Signal: 0.04Hist: 0.08

    ADX

    ADX: 13.4+DI: 23.5-DI: 19.2

    Aroon & PSAR

    Aroon UpN/A
    Aroon Down36.0
    PSAR$30.88

    Bollinger Bands

    Upper Band$32.83
    Lower Band$30.33
    %B Position792%(Upper)
    Band Width0.67

    RSI (14-Day)

    Neutral
    52.0

    Momentum Oscillators

    Stoch %K77.9
    Stoch %D77.8
    Williams %R-44.8
    ROC (10d)1.1%
    Momentum0.34
    CCI (20d)80.8
    MFI (14d)58.8

    Volatility Measures

    ATR (14d)$0.97(3.0%)
    StdDev (20d)0.63
    Hist Vol28.1%(Moderate)

    Volume Flow

    VWAP$32.19
    OBV397.2M
    AD Line-5.9B
    CMF (20d)-0.201

    Volume Metrics

    Avg Vol (20d)7.4M
    Vol Ratio1.2x
    VWMA (20d)$31.51

    Pivot Points

    R3$33.77
    R2$33.48
    R1$33.05
    Pivot Point$32.75
    S1$32.32
    S2$32.03
    S3$31.60

    Advanced Oscillators

    TSI3.37
    Ultimate Osc45.3
    KST-15.76

    Financial Data

    QuarterJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024Jun 2024Mar 2024Dec 2023Sep 2023
    Total Revenue$17.43B$12.39B$10.87B$13.20B$12.94B$14.21B$15.20B$14.25B$15.44B$13.81B$14.04B$14.58B
    Cost of Revenue$13.00B$9.67B$9.56B$10.14B$10.35B$11.10B$12.46B$11.31B$11.84B$10.32B$11.39B$10.34B
    Gross Profit$4.44B$2.71B$1.32B$3.06B$2.59B$3.11B$2.74B$2.94B$3.60B$3.49B$2.64B$4.24B
    Operating Expenses$218.09M$412.06M$241.80M$221.00M$1.90B$1.83B$1.90B$1.91B$2.10B$1.80B$1.67B$294.00M
    R&D$0$0$0$0$0$0$0$0$0$0$0$0
    SG&A$218.00M$411.00M$242.00M$220.00M$153.00M$197.00M$201.00M$172.00M$175.00M$246.00M$71.00M$292.00M
    Operating Income$4.22B$2.30B$1.08B$2.83B$690.00M$1.28B$841.00M$1.03B$1.50B$1.69B$978.00M$3.95B
    Interest Income$21.00M$26.00M$30.00M$28.00M$50.00M$33.00M$47.00M$51.00M$37.00M$35.00M$33.00M$207.00M
    Interest Expense$138.06M$156.40M$130.89M$67.00M$154.00M$163.00M$162.00M$160.00M$163.00M$83.42M$92.80M$37.54M
    Income Before Tax$3.94B$2.09B$1.03B$1.30B$1.02B$1.13B$184.00M$1.02B$1.31B$1.55B$974.00M$2.42B
    Income Tax Expense$1.07B$515.33M$99.92M$11.00M$165.00M$271.00M$38.00M$204.00M$309.00M$378.00M$231.00M$561.00M
    Net Income$2.87B$1.57B$933.24M$1.29B$851.00M$859.00M$146.00M$820.00M$1.00B$1.18B$743.00M$1.86B
    EBITDA$5.77B$3.78B$2.60B$2.74B$2.35B$2.61B$1.57B$2.40B$2.76B$2.91B$2.39B$3.87B
    EBIT$4.22B$2.25B$1.16B$1.36B$1.17B$1.29B$346.00M$1.18B$1.47B$1.72B$1.14B$2.62B
    * Some calculated fields are derived from available data when not provided by source

    Related GNG Research

    The Next Energy Boom Won't Look Like The Last One

    Market regime shift from 2021-22 Net Zero/ESG orthodoxy to explicit "Energy Pragmatism" - traditional energy assets are being structurally revalued and present material mispricing opportunities We are in a "Geopolitical Super-Volatility" era...

    Leo Nelissen
    •
    5/11/26
    •
    266
    Energy Sector
    Also mentions:
    RIVNWMBXLEXOMCVX

    News

    Cenovus Energy Inc $CVE Stock Acquired by Triasima Portfolio Management inc.

    Triasima Portfolio Management inc. increased its stake in Cenovus Energy Inc. by 20.1% in the third quarter, acquiring 64,959 additional shares...

    MarketBeat•10/16/26•Bullish

    3 Reasons Why Growth Investors Shouldn't Overlook Cenovus (CVE)

    Cenovus Energy (CVE) is highlighted as a strong growth stock due to its favorable Zacks Growth Style Score and top Zacks Rank. The article emphasizes its exceptional projected earnings growth of 167.5% for the current...

    Yahoo Finance•10/15/26•Bullish

    Cenovus Energy Inc. stock falls Wednesday, still outperforms market

    Cenovus Energy Inc. (CVE) stock declined 0.36% on Wednesday, closing at C$46.48. Despite the fall, the company's performance still outpaced the broader Canadian market...

    MarketWatch•10/14/26•Somewhat-Bearish

    Analysts Offer Insights on Energy Companies: Cheniere Energy (LNG), Cenovus Energy (CVE) and Devon Energy (DVN)

    Analysts from UBS, TD Cowen, and Truist Financial have issued bullish ratings for Cheniere Energy (LNG), Cenovus Energy (CVE), and Devon Energy (DVN)...

    The Globe and Mail•10/14/26•Bullish

    Cenovus Stock Outperforms Industry in a Year: Should You Buy?

    Cenovus Energy (CVE) stock has rallied 95.3% over the past year, outperforming the industry, driven by its integrated business model and strategic growth projects. The company's acquisition of MEG Energy and other...

    Yahoo! Finance Canada•10/14/26•Neutral

    CVE Valuation and Fair Value

    P/E
    15.9x
    Forward P/E
    11.0x
    EV/EBITDA
    5.6x
    P/FCF
    10.5x
    PEG
    0.5x
    P/B
    2.5x
    See GNG's fair value

    CVE Profitability: Margins, ROIC and FCF

    Gross margin
    20.7%
    Operating margin
    23.8%
    Net margin
    12.4%
    ROIC
    17.8%
    ROE
    20.9%
    FCF margin
    18.2%
    FCF yield
    9.5%

    CVE Competitors

    CompanyTicker
    Occidental Petroleum CorporationOXY
    ONEOK IncOKE
    Targa Resources IncTRGP
    Cheniere Energy IncLNG
    TC Energy CorpTRP
    MPLX LPMPLX
    Imperial Oil LtdIMO
    Diamondback Energy IncFANG

    Sector: Energy

    CVE Analyst Ratings

    Consensus
    Buy
    Analysts
    18
    Strong Buy
    8
    Buy
    10
    Hold
    0
    Sell
    0
    Strong Sell
    0

    CVE Bull Case vs Bear Case

    Bull case

    • CVE earns a 17.8% return on invested capital.
    • CVE converts 18.2% of revenue into free cash flow.
    • CVE grew quarterly revenue 41.5% year over year.

    CVE Earnings: Beat Rate and Next Report

    Beat rate
    5 of 8 quarters (62.5%)
    Average surprise
    41.5%
    EPS estimate (fiscal period ending Sep 30, 2026)
    $0.84
    Estimate revisions (30 days, fiscal period ending Sep 30, 2026)
    1 up, 0 down

    CVE Dividend

    Forward yield
    2.0%
    Payout ratio
    22.7%
    3Y DPS growth
    27.0%
    5Y DPS growth
    65.7%
    Pay months
    Mar, Jun, Sep, Dec
    CVE dividend history

    Frequently Asked Questions About CVE

    What is CVE's current dividend yield?

    Cenovus Energy Inc (CVE) has a forward dividend yield of 1.98%.

    Does CVE pay dividends?

    Yes, Cenovus Energy Inc pays dividends with a forward dividend yield of 1.98%.

    What is CVE's P/E ratio?

    Cenovus Energy Inc has a price-to-earnings (P/E) ratio of 15.92.

    What is CVE's market cap?

    Cenovus Energy Inc (CVE) has a market capitalization of $60.55B with a current stock price of $32.00.

    Related stocks

    Sector: Energy

    All stocks starting with C

    Get full access to GNG Research

    Create a free account to access portfolio tracking, advanced tools, and more.

    Create Free AccountLog In