Cenovus Energy Inc. (CVE)
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Start Your Free Trial NowKey Metrics & Ratings
- symbol CVE
- Rev/Share 32.1381
- Book/Share 16.4973
- PB 1.2816
- Debt/Equity 0.3587
- CurrentRatio 1.4621
- ROIC 0.0717
- MktCap 38330604940.746
- FreeCF/Share 1.8761
- PFCF 11.2176
- PE 13.6248
- Debt/Assets 0.1911
- DivYield 0.0346
- ROE 0.0946
- Rating A-
- Score 4
- Recommendation Buy
- P/E Score 2
- DCF Score 5
- P/B Score 3
- D/E Score 2
Recent Analyst Ratings
| Type | Ticker | Analyst Firm | Previous Rating | Current Rating | Previous Price Target | Current Price Target | Date |
|---|---|---|---|---|---|---|---|
| Downgrade | CVE | National Bank Financial | Outperform | Sector Perform | -- | -- | Feb. 21, 2025 |
News
Cenovus (CVE) Q2 Earnings Preview: What You Should Know Beyond the Headline Estimates
Published: July 29, 2025 by: Zacks Investment Research
Sentiment: Positive
Besides Wall Street's top-and-bottom-line estimates for Cenovus (CVE), review projections for some of its key metrics to gain a deeper understanding of how the company might have fared during the quarter ended June 2025.
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Is the Options Market Predicting a Spike in Cenovus Energy Stock?
Published: July 25, 2025 by: Zacks Investment Research
Sentiment: Neutral
Investors need to pay close attention to Cenovus Energy stock based on the movements in the options market lately.
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Analysts Estimate Cenovus Energy (CVE) to Report a Decline in Earnings: What to Look Out for
Published: July 24, 2025 by: Zacks Investment Research
Sentiment: Negative
Cenovus (CVE) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
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Cenovus Energy: A Little More Deleveraging
Published: July 03, 2025 by: Seeking Alpha
Sentiment: Negative
Cenovus Energy continues redeeming preferred shares. Temporary production shutdown from Alberta fires will slightly lower output. Net debt rose in Q1 due to a working capital increase.
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20 oil stocks passing a quality screen as Investors wonder what Iran will do next
Published: June 23, 2025 by: Market Watch
Sentiment: Positive
Nobody knows how badly the international oil market might be disrupted by Iran. But if you want to take advantage of the uncertainty, a screen encompassing debt levels and cash flow can limit your risk.
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CVE Makes Complete Output Restoration at Christina Lake Site
Published: June 13, 2025 by: Zacks Investment Research
Sentiment: Neutral
Cenovus Energy fully restores production at its key Christina Lake site after wildfire-related shutdowns in Alberta.
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Cenovus CEO Defends Canada-US Energy Ties Amid Tariff Threats
Published: June 11, 2025 by: Zacks Investment Research
Sentiment: Negative
CVE CEO defends Canada's vital oil role in U.S. energy supply, urging policy reform over tariff retaliation amid rising tensions.
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US still dependent on Canadian oil, despite Trump's claims, Cenovus CEO says
Published: June 10, 2025 by: Reuters
Sentiment: Neutral
The U.S. is still reliant on Canadian oil imports, despite claims made by U.S. President Donald Trump, Cenovus Energy's CEO said on Tuesday at a conference in Calgary, Alberta.
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2 Dirt Cheap Dividend Stocks That Are Practically Giving Themselves Away
Published: June 02, 2025 by: Seeking Alpha
Sentiment: Positive
Even pros can't beat the market. Forecasts fail, fees pile up, and short-term thinking hurts returns. So I stick to quality dividend stocks. I found two high-conviction dividend stocks that the market is underpricing. Both offer strong income and long-term upside if my thesis plays out. They aren't perfect, but that's where the opportunity lies. I believe the market's pessimism is overdone, and the reward outweighs the risk.
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Cenovus Energy announces redemption of Series 7 Preferred Shares
Published: June 02, 2025 by: GlobeNewsWire
Sentiment: Neutral
CALGARY, Alberta, June 02, 2025 (GLOBE NEWSWIRE) -- Cenovus Energy Inc. (“Cenovus” or the “Company”) (TSX: CVE) (NYSE: CVE) announced today it will exercise its right to redeem the Company's 3.935% Series 7 Preferred Shares (the “Series 7 Preferred Shares”) on June 30, 2025 (the “Redemption”). All 6 million Series 7 Preferred Shares outstanding will be redeemed at the price of $25.00 per share, for an aggregate amount payable to holders of $150 million, less required withholdings, if any, funded primarily from cash on hand.
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Cenovus Energy: Another Dividend Increase
Published: June 01, 2025 by: Seeking Alpha
Sentiment: Positive
Cenovus Energy's rapidly growing dividend is well-supported by integrated operations and low-cost thermal assets. Preferred share retirement, growing dividends, and share buybacks highlight strong shareholder returns. There is financial flexibility to sustain dividends and capital spending.
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Cenovus Energy provides operations update on impact of Alberta wildfires
Published: June 01, 2025 by: GlobeNewsWire
Sentiment: Neutral
CALGARY, Alberta, June 01, 2025 (GLOBE NEWSWIRE) -- Cenovus Energy Inc. (TSX: CVE) (NYSE: CVE) is providing an update on its Oil Sands operations following ongoing wildfire activity in northern Alberta. Cenovus is focused on the safety of its people and the integrity of its assets, and all staff are safe. Based on the inspections the company has completed to date, it is not aware of any damage to its infrastructure and would anticipate a full restart of Christina Lake operations in the near term.
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Cenovus (CVE) Q1 Earnings: Taking a Look at Key Metrics Versus Estimates
Published: May 26, 2025 by: Zacks Investment Research
Sentiment: Neutral
While the top- and bottom-line numbers for Cenovus (CVE) give a sense of how the business performed in the quarter ended March 2025, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
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Cenovus Energy Q1 Earnings Beat on Higher Upstream Production
Published: May 12, 2025 by: Zacks Investment Research
Sentiment: Positive
CVE Q1 earnings gain on higher contributions from the Oil Sands, Conventional, and Offshore units. However, revenues witness a year-over-year decline.
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Cenovus reports voting results of annual meeting of shareholders
Published: May 08, 2025 by: GlobeNewsWire
Sentiment: Neutral
CALGARY, Alberta, May 08, 2025 (GLOBE NEWSWIRE) -- Cenovus Energy Inc. (TSX: CVE) (NYSE: CVE) held its annual meeting of shareholders on May 8, 2025. Each matter voted on is described in greater detail in the Corporation's 2025 Management Information Circular dated March 12, 2025.
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Cenovus Energy Inc. (CVE) Q1 2025 Earnings Call Transcript
Published: May 08, 2025 by: Seeking Alpha
Sentiment: Neutral
Cenovus Energy Inc. (NYSE:CVE ) Q1 2025 Earnings Conference Call May 8, 2025 11:00 AM ET Company Participants Patrick Read – Vice President, Investor Relations and Internal Audit Jon McKenzie – Chief Executive Officer Kam Sandhar – Chief Financial Officer Geoff Murray – Executive Vice-President, Commercial Conference Call Participants Greg Pardy – RBC Capital Markets Dennis Fong – CIBC Menno Hulshof – TD Securities Neil Mehta – Goldman Sachs John Royall – JPMorgan Patrick O'Rourke – ATB Capital Markets Manav Gupta – UBS Chris Varcoe – Calgary Herald Alex Bill – allNewfoundlandLabrador Operator Good morning, ladies and gentlemen. Thank you …
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Cenovus (CVE) Q1 Earnings: Taking a Look at Key Metrics Versus Estimates
Published: May 08, 2025 by: Zacks Investment Research
Sentiment: Neutral
While the top- and bottom-line numbers for Cenovus (CVE) give a sense of how the business performed in the quarter ended March 2025, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Read More
Cenovus Energy (CVE) Tops Q1 Earnings Estimates
Published: May 08, 2025 by: Zacks Investment Research
Sentiment: Positive
Cenovus Energy (CVE) came out with quarterly earnings of $0.32 per share, beating the Zacks Consensus Estimate of $0.29 per share. This compares to earnings of $0.46 per share a year ago.
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Cenovus announces first-quarter 2025 results
Published: May 08, 2025 by: GlobeNewsWire
Sentiment: Neutral
CALGARY, Alberta, May 08, 2025 (GLOBE NEWSWIRE) -- Cenovus Energy Inc. (TSX: CVE) (NYSE: CVE) today announced its first-quarter 2025 financial and operating results. The company generated more than $1.3 billion in cash from operating activities, $2.2 billion of adjusted funds flow and $983 million of free funds flow. Operating results in the quarter were strong, with Upstream production increasing to 818,900 barrels of oil equivalent per day (BOE/d)1 while Downstream crude throughput was 665,400 barrels per day (bbls/d), representing an overall utilization rate of 92%.
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Watch These 4 Energy Stocks for Q1 Earnings: Beat or Miss?
Published: May 07, 2025 by: Zacks Investment Research
Sentiment: Neutral
Here's a preview of what to expect from energy stocks LNG, CNQ, CVE and BRY ahead of their quarterly earnings reports, set to be released tomorrow.
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Insights Into Cenovus (CVE) Q1: Wall Street Projections for Key Metrics
Published: May 06, 2025 by: Zacks Investment Research
Sentiment: Positive
Besides Wall Street's top -and-bottom-line estimates for Cenovus (CVE), review projections for some of its key metrics to gain a deeper understanding of how the company might have fared during the quarter ended March 2025.
Read More
Cenovus Energy: An Acquisition And Potential Tariff Exposure
Published: April 29, 2025 by: Seeking Alpha
Sentiment: Negative
Cenovus Energy acquired Gear Energy's heavy oil assets for C$110 million. The company faces tariff threats due to its significant refining capacity in the U.S. Tariffs could disrupt cost-efficient industry practices, raising costs for American consumers and affecting the balance of payments.
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Cenovus: Despite Lower Expected Oil Prices, Excellent Growth Potential With Reasonable Debt
Published: April 29, 2025 by: Seeking Alpha
Sentiment: Positive
The company expects to increase its production at a 4.40% CAGR between 2024 and 2028. Cenovus has a reasonable debt level. In 2024, it reported a 47.35% liabilities-to-assets ratio. The first DCF model suggests that the company is undervalued by 81.71%, while the pessimistic DCF valuation indicates that CVE is overvalued by 19.63%.
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Cenovus Energy's Partnership with Skills/Compétences Canada highlights commitment to Youth Development in Skilled Trades and Technologies
Published: April 22, 2025 by: GlobeNewsWire
Sentiment: Neutral
Cenovus Continues its Multi-Year Support of the Skills Canada National Competition Cenovus Continues its Multi-Year Support of the Skills Canada National Competition
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Cenovus Energy: Free Cash Flow Is Second Half Loaded
Published: March 24, 2025 by: Seeking Alpha
Sentiment: Negative
The Series 5 preferred will be redeemed. This cuts the amount of preferred outstanding roughly in half when combined with the Series 3 redemption. The net debt level needs to decline to the C$4 billion level again. The capital budget is front end loaded. Therefore, free cash flow will be higher in the second half of the fiscal year.
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Cenovus Energy announces redemption of Series 5 Preferred Shares
Published: February 27, 2025 by: GlobeNewsWire
Sentiment: Neutral
CALGARY, Alberta, Feb. 27, 2025 (GLOBE NEWSWIRE) -- Cenovus Energy Inc. (“Cenovus” or the “Company”) (TSX: CVE) (NYSE: CVE) announced today it will exercise its right to redeem the Company's 4.591% Series 5 Preferred Shares (the “Series 5 Preferred Shares”) on March 31, 2025 (the “Redemption”). All 8 million Series 5 Preferred Shares outstanding will be redeemed at the price of $25.00 per share, for an aggregate amount payable to holders of $200 million, less required withholdings, if any, funded primarily from cash on hand.
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Cenovus Energy Q4 Earnings & Revenues Miss Estimates
Published: February 26, 2025 by: Zacks Investment Research
Sentiment: Negative
CVE's Q4 earnings and revenues lag estimates on lower contributions from key units. Both the top and bottom lines decrease year over year.
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Cenovus Energy Inc. (CVE) Q4 2024 Earnings Call Transcript
Published: February 20, 2025 by: Seeking Alpha
Sentiment: Neutral
Cenovus Energy Inc. (NYSE:CVE ) Q4 2024 Earnings Conference Call February 20, 2025 11:00 AM ET Company Participants Patrick Read - VP, IR Jon McKenzie - CEO Kam Sandhar - EVP, Strategy and Corporate Development Keith Chiasson - EVP, Downstream Geoff Murray - EVP, Commercial Conference Call Participants Menno Hulshof - TD Securities Dennis Fong - CIBC World Market Greg Pardy - RBC Capital Markets, Philippines Neil Mehta - Goldman Sachs John Royall - JPMorgan Dennis Fong - CIBC World Markets Manav Gupta - UBS Chris Barko - Calgary Herald Operator Good morning, ladies and gentlemen. Welcome to Cenovus Energy's …
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Cenovus Announces Fourth-Quarter and Full-Year 2024 Results
Published: February 20, 2025 by: GlobeNewsWire
Sentiment: Neutral
CALGARY, Alberta, Feb. 20, 2025 (GLOBE NEWSWIRE) -- Cenovus Energy Inc. (TSX: CVE) (NYSE: CVE) today announced its fourth-quarter and full-year 2024 financial and operating results. In the quarter, the company generated over $2.0 billion in cash from operating activities, $1.6 billion of adjusted funds flow and $123 million of free funds flow. The Upstream business continued to deliver strong performance, with production of 816,000 barrels of oil equivalent per day (BOE/d)1 in the quarter, including a new quarterly Oil Sands production record of 628,500 BOE/d. In the Downstream, total crude throughput increased by almost 24,000 barrels per day (bbls/d) …
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Cenovus to hold fourth-quarter and full-year conference call and webcast on February 20
Published: February 13, 2025 by: GlobeNewsWire
Sentiment: Neutral
CALGARY, Alberta, Feb. 13, 2025 (GLOBE NEWSWIRE) -- Cenovus Energy Inc. (TSX:CVE) (NYSE:CVE) will release its fourth-quarter and full-year 2024 results on Thursday, February 20, 2025. The news release will provide consolidated fourth-quarter operating and financial information. The company's financial statements will be available on Cenovus's website, cenovus.com.
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About Cenovus Energy Inc. (CVE)
- IPO Date 2009-11-17
- Website https://www.cenovus.com
- Industry Oil & Gas Integrated
- CEO Jonathan M. McKenzie CA
- Employees 7150