C

    Cenovus Energy Inc (CVE)

    Official site

    ENERGY • OIL & GAS INTEGRATED • NYSE

    $32.16
    +0.58 (+1.82%)

    Market Cap: $58.24B

    Last updated: Sep 01, 2026 at 10:00 AM ET

    Earnings

    Performance (10Y)

    Beat Rate
    50%(20/40)
    Avg Surprise
    -13.07%
    Streak
    7 Q

    Upcoming Estimates

    Sep 30, 2026
    EPS Consensus$0.84
    Range$0.72 - $0.96
    2 analysts
    EPS RevisionsNo revisions (7d)
    1
    1
    30d
    EPS Estimate Drift
    90d ago$0.64-23.6%
    60d ago$0.67-20.6%
    30d ago$0.79-6.2%
    7d ago$1.00+19.2%
    Current$0.84
    Revenue Consensus
    $15.2B
    Range$15.2B - $15.2B
    1 analysts
    Dec 31, 2026
    EPS Consensus$0.70
    Range$0.51 - $0.86
    6 analysts
    Revenue Consensus
    $14.2B
    Range$11.8B - $16.6B
    2 analysts
    PeriodReportedEst.SurpriseB/MYoY
    Dec 26EST
    		-$0.70---
    Sep 26EST
    		-$0.84---
    Jun 26
    		$1.11$1.11+0.00%Beat+344.0%
    Mar 26
    		$0.65$0.55+18.18%Beat+91.2%
    Dec 25
    		$0.37$0.28+29.53%Beat+92.3%
    Sep 25
    		$0.55$0.34+61.76%Beat+83.3%
    Jun 25
    		$0.25$0.08+212.50%Beat-39.0%
    Mar 25
    		$0.34$0.30+13.33%Beat-33.3%
    Dec 24
    		$0.19$0.19+0.00%Beat-51.3%
    Sep 24
    		$0.30$0.31-3.23%Miss-61.0%
    Jun 24
    		$0.41$0.50-18.00%Miss+41.4%
    Mar 24
    		$0.51$0.37+37.84%Beat+96.2%
    Dec 23
    		$0.39$0.34+14.71%Beat+0.0%
    Sep 23
    		$0.77$0.66+16.67%Beat+45.3%
    Jun 23
    		$0.29$0.50-42.00%Miss-70.4%
    Mar 23
    		$0.26$0.29-10.34%Miss-56.7%
    Dec 22
    		$0.39$0.64-39.06%Miss+295.0%
    Sep 22
    		$0.53$0.85-37.65%Miss+71.0%
    Jun 22
    		$0.98$0.87+12.64%Beat+880.0%
    Mar 22
    		$0.60$0.52+15.38%Beat+400.0%
    Dec 21
    		$-0.20$0.39-151.28%Miss+42.9%
    Sep 21
    		$0.31$0.38-18.42%Miss+210.7%
    Jun 21
    		$0.10N/A-58.33%Miss+140.0%
    Mar 21
    		$0.12$-0.05+340.00%Beat+117.4%
    Dec 20
    		$-0.35$-0.14-150.00%Miss-250.0%
    Sep 20
    		$-0.28$-0.07-300.00%Miss-264.7%
    Jun 20
    		$-0.25$-0.44+43.18%Beat-247.1%
    Mar 20
    		$-0.69$-0.24-187.50%Miss-1825.0%
    Dec 19
    		$-0.10$0.08-225.00%Miss+92.6%
    Sep 19
    		$0.17$0.15+13.33%Beat+950.0%
    Jun 19
    		$0.17$0.27-37.04%Miss+194.4%
    Mar 19
    		$0.04N/A-78.95%Miss+108.5%
    Dec 18
    		$-1.36$-0.13-946.15%Miss-291.5%
    Sep 18
    		$-0.02N/A-111.11%Miss-109.1%
    Jun 18
    		$-0.18$0.02-1000.00%Miss-162.1%
    Mar 18
    		$-0.47$-0.15-213.33%Miss-1075.0%
    Dec 17
    		$0.71$0.11+545.45%Beat+82.1%
    Sep 17
    		$0.22$0.10+120.00%Beat+204.8%
    Jun 17
    		$0.29$0.04+625.00%Beat-
    Mar 17
    		$-0.04$-0.05+20.00%Beat-
    Dec 16
    		$0.39$-0.04+1075.00%Beat-
    Sep 16
    		$-0.21$-0.10-110.00%Miss-

    Dividends

    Dividend Metrics

    Yield1.85%
    Annual/Share$0.59
    Payout Ratio22.18%
    Pay MonthsMar, Jun, Sep, Dec

    Growth

    3Y CAGR+27.05%
    5Y CAGR+65.69%
    View CVE's full dividend history

    Key Metrics

    Valuation
    P/E Ratio16.00EV/EBITDA6.06x
    Price/FCF10.57xFCF Yield9.46%
    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
    Beta0.49Avg Volume6.81M
    52-Week High$33.4052-Week Low$15.36

    Technical Indicators Dashboard

    Moving Averages

    SMA 10$32.03
    SMA 20$30.83
    SMA 50$28.54
    SMA 200$24.15
    EMA 10$31.65
    EMA 20$31.00
    EMA 50$29.51
    EMA 200$24.92

    MACD

    Line: 0.92Signal: 0.99Hist: -0.07

    ADX

    ADX: 23.1+DI: 28.3-DI: 20.5

    Aroon & PSAR

    Aroon Up72.0
    Aroon Down4.0
    PSAR$33.21

    Bollinger Bands

    Upper Band$34.08
    Lower Band$27.58
    %B Position2108%(Upper)
    Band Width0.70

    RSI (14-Day)

    Neutral
    61.3

    Momentum Oscillators

    Stoch %K61.8
    Stoch %D61.4
    Williams %R-32.8
    ROC (10d)0.1%
    Momentum0.03
    CCI (20d)64.6
    MFI (14d)71.4

    Volatility Measures

    ATR (14d)$1.00(3.1%)
    StdDev (20d)1.62
    Hist Vol36.0%(Moderate)

    Volume Flow

    VWAP$32.14
    OBV466.8M
    AD Line-6.5B
    CMF (20d)-0.061

    Volume Metrics

    Avg Vol (20d)6.8M
    Vol Ratio0.7x
    VWMA (20d)$30.61

    Pivot Points

    R3$32.73
    R2$32.31
    R1$31.95
    Pivot Point$31.52
    S1$31.16
    S2$30.74
    S3$30.38

    Advanced Oscillators

    TSI23.40
    Ultimate Osc51.7
    KST142.49

    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$2.75B$2.35B$2.61B$1.57B$2.40B$2.71B$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

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    News

    Cenovus Energy Slides as Crude Pullback Appears to Weigh on Oil Producers

    Cenovus Energy (CVE) experienced a 4.6% decline in its stock price, primarily attributed to a broad oil-sector selloff following a sharp drop in crude prices. Despite the price drop, the company's fundamentals appear solid, with strong second-quarter 2026 results and increased full-year production guidance. The decline is seen as more related to commodity prices and sector sentiment rather than company-specific operational setbacks.

    Quiver Quantitative•8/25/26•
    Bearish

    Cenovus Energy Inc (CVE) Stock Down 4.4% but Still Overvalued -- GF Score: 54/100

    Cenovus Energy Inc (CVE) shares dropped 4.4% to $30.76, yet GuruFocus assesses the stock as significantly overvalued with a GF Value™ of $18.49 and a GF Score™ of 54/100. While the company exhibits strong financial strength and profitability, its valuation metrics are a major concern, and there have been no insider transactions in the past year, suggesting a lack of strong insider confidence at current price levels. Investors are advised to exercise caution due to the substantial overvaluation and average GF Score.

    GuruFocus•8/25/26•
    Bearish

    The Manufacturers Life Insurance Company Buys Shares of 17,117,654 Cenovus Energy Inc $CVE

    The Manufacturers Life Insurance Company recently acquired 17.1 million shares of Cenovus Energy Inc. (NYSE:CVE), totaling approximately $423.9 million, giving it a 0.93% stake in the company. Institutional investors collectively own 51.19% of Cenovus Energy, and analysts maintain a "Moderate Buy" consensus rating with an average price target of $36.25. Cenovus Energy reported strong quarterly earnings of $1.11 EPS and $14.59 billion in revenue, along with declaring a quarterly dividend of $0.22.

    MarketBeat•8/25/26•
    Neutral

    SIR Capital Management L.P. Makes New $16.73 Million Investment in Cenovus Energy Inc $CVE

    SIR Capital Management L.P. has made a new investment of $16.73 million in Cenovus Energy Inc. by purchasing 674,191 shares, making it approximately 1.9% of their portfolio. Other institutional investors have also significantly increased their holdings in Cenovus Energy, with total institutional ownership reaching 51.19%. Analysts currently maintain a "Moderate Buy" consensus for Cenovus Energy with an average price target of $36.25.

    MarketBeat•8/25/26•
    Bullish

    Northwestern Mutual Wealth Management Co. Makes New $3.01 Million Investment in Cenovus Energy Inc $CVE

    Northwestern Mutual Wealth Management Co. has invested $3.01 million in Cenovus Energy Inc, acquiring 121,500 shares. Other institutional investors also increased their stakes, bringing total institutional ownership to 51.19%. Cenovus Energy reported strong Q2 earnings and revenue, declared a quarterly dividend, and holds a "Moderate Buy" consensus rating from analysts.

    MarketBeat•8/25/26•
    Somewhat-Bullish

    Frequently Asked Questions About CVE

    What is CVE's current dividend yield?
    Cenovus Energy Inc (CVE) has a current dividend yield of 1.85%.
    Does CVE pay dividends?
    Yes, Cenovus Energy Inc pays dividends with a current yield of 1.85%.
    What is CVE's P/E ratio?
    Cenovus Energy Inc has a price-to-earnings (P/E) ratio of 16.00.
    What is CVE's market cap?
    Cenovus Energy Inc (CVE) has a market capitalization of $58.24B with a current stock price of $32.16.

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