Cenovus Surges 85.3% in a Year: Should You Buy the Stock Now?
CVE's 85% rally, MEG Energy synergies, low-cost oil sand assets and integrated refining network are strengthening its long-term growth case.
Zacks Investment Research7/9/2026Positive
CVE
Cenovus Energy IncNYSEENERGYOIL & GAS INTEGRATED
Key Statistics
Market Cap
$49.66B
P/E Ratio
14.24
EPS
$1.87
Beta
0.50
52W High
$31.89
52W Low
$13.51
50-Day MA
$27.92
200-Day MA
$21.94
Dividend Yield
3.17%
Profit Margin
9.52%
Forward P/E
7.76
PEG Ratio
0.45
About Cenovus Energy Inc
Cenovus Energy Inc., develops, produces and markets crude oil, natural gas liquids and natural gas in Canada, the United States and the Asia Pacific region. The company is headquartered in Calgary, Canada.
Fundamentals
| Revenue (TTM) | $48.75B |
| Gross Profit (TTM) | $12.13B |
| EBITDA | $10.68B |
| Operating Margin | 18.50% |
| Return on Equity | 14.80% |
| Return on Assets | 5.67% |
| Revenue/Share (TTM) | $26.74 |
| Book Value | $12.23 |
| Price-to-Book | 2.05 |
| Price-to-Sales (TTM) | 1.02 |
| EV/Revenue | 1.502 |
| EV/EBITDA | 6.79 |
| Quarterly Earnings Growth (YoY) | 78.00% |
| Quarterly Revenue Growth (YoY) | -7.10% |
| Shares Outstanding | $1.86B |
| Float | $1.56B |
| % Insiders | 29.09% |
| % Institutions | 55.21% |
Historical Volatility
HV 10-Day
41.89%
HV 20-Day
39.88%
HV 30-Day
41.16%
HV 60-Day
40.17%
HV Rank
94.4%
Volatility is currently expanding
Analyst Ratings
Consensus ($34.41 target)
6
Strong Buy10
Buy1
HoldLatest News
2 Bargain Top-Ranked Energy Stocks That Won't Stay Cheap for Long
CVE and PARR look undervalued as energy stocks rally, with Middle East tensions supporting oil prices and sector gains.
Zacks Investment Research7/8/2026Positive
Cenovus Energy Stock Climbs 3.5%: What's Fueling the Rally?
CVE climbed 3.5% as higher crude prices and strong first-quarter results boosted confidence, with improving margins and growth plans reinforcing optimism.
Zacks Investment Research7/8/2026Positive
BP Streamlines Portfolio Through Bay du Nord Stake Sale to EQNR
BP optimizes its upstream portfolio by selling the Bay du Nord stake, sharpening capital allocation while focusing on higher-value investments.
Zacks Investment Research7/7/2026Neutral
Cenovus' Integrated Structure Offers an Edge Amid Lower Oil Prices
CVE's refining and pipeline network gives it an edge in a lower oil price environment, helping cushion upstream pressure and support margins.
Zacks Investment Research7/6/2026Positive
Why Cenovus Energy (CVE) is a Top Growth Stock for the Long-Term
Wondering how to pick strong, market-beating stocks for your investment portfolio? Look no further than the Zacks Style Scores.
Zacks Investment Research7/6/2026Positive
Pick These 5 Bargain Stocks With Alluring EV-to-EBITDA Ratios
CVE, FIVN, PAGS, ERO and PARR stand out with attractive EV-to-EBITDA ratios and strong earnings outlooks.
Zacks Investment Research7/2/2026Positive
Is Cenovus Energy (CVE) Stock Undervalued Right Now?
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Zacks Investment Research7/1/2026Positive
New Strong Buy Stocks for July 1st
LIEN, DK, ALH, CVE and LEGH have been added to the Zacks Rank #1 (Strong Buy) List on July 1, 2026.
Zacks Investment Research7/1/2026Positive
Best Value Stocks to Buy for July 1st
ILPT, CVE and DK made it to the Zacks Rank #1 (Strong Buy) value stocks list on July 1, 2026.
Zacks Investment Research7/1/2026Positive
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Data last updated: 7/9/2026