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Cenovus Energy Inc (CVE)

US · Energy · Oil & Gas Integrated

$32.91+1.20%
Last close · 2026-09-17

Latest quarter · ended 2026-06-30

Revenue
$17.43B
Revenue YoY
+34.7%
Net profit
$2.87B
Profit YoY
+237.4%
EPS
$1.11
EPS estimate
$1.11
Net margin
16.5%

EPS came in at 1.11 against a street estimate of 1.11 — a beat of 0.0%.

Key statistics

Market cap
$61.06B
P/E
12.7
Forward P/E
11.6
P/B
2.47
Book value
$13.43
EPS (TTM)
$2.61
Dividend yield
2.46%
52-week high
$34.16
52-week low
$15.44
50-day MA
$29.83
200-day MA
$24.91
Beta
0.50

Analyst view

Analysts rate Cenovus Energy Inc a strong buy (16 buy, 1 hold, 0 sell out of 17) with an average price target of $37.01.

From the latest earnings call · 2026-07-29

CONFIDENT Record Q2 results on strong oil prices and production beat. All major projects ramping ahead of schedule. Production guidance raised to 970k–1.01M BOE/day; cost guidance cut. Trilateral government agreement signals improved investment climate. Q2 2026 Oil sands dominate upstream (~81% of company production). U.S. refining delivers strong margins; integration with Canadian crude provides competitive advantage. Analysts pressed on turnaround optimization (sustained competitive edge), Christina Lake interconnect strategy (deferred to Investor Day), and facility headroom at Sunrise (debottlenecking ongoing, steam bottleneck likely). Management conveyed confidence in execution and signaled more detail coming January. 2026-07-29…

Full summary in the app.

Shareholding

Insiders
29.38%
Institutions
53.42%

Largest institutional holders

FundStake
Capital World Investors4.00%
Capital Research Global Investors3.24%
Capital Research & Mgmt Co - Division 32.54%
Fidelity International Ltd2.32%
Royal Bank of Canada2.09%
Vanguard Capital Management, LLC2.08%
Bank of Montreal1.79%
FMR Inc1.59%

Corporate actions

ActionDetailDate
Dividend$0.16 / share
ex-date Sep 15, 2026 · pay Sep 29, 2026
2026-09-15
Dividend$0.16 / share
ex-date Jun 15, 2026 · pay Jun 30, 2026
2026-06-15
Dividend$0.15 / share
ex-date Mar 13, 2026 · pay Mar 31, 2026
2026-03-13
Dividend$0.14 / share
ex-date Dec 15, 2025 · pay Dec 31, 2025
2025-12-15
Dividend$0.15 / share
ex-date Sep 15, 2025 · pay Sep 29, 2025
2025-09-15

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Data updated 2026-09-18.