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Cenovus Energy Inc

CVE

Last
$31.43
Day
-0.2%
1y
+74.2%
5y
+204.4%
52w
-7.8%
SPY YTD
+13.3%
XLE
+42.9%
Earnings
2026-10-3020d
EMA 21
31.59
EMA 50
31.12
EMA 200
26.82
20d high
-7.7%
5y high
-7.8%
5y range
89th
Website · 7,211 employees · Canada

Positions held

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Score
16
Hold
watch
Signal
Neutral
Target
$34.52
Stop
$29.97
Stop distance
4.7%
Target vs last
+9.8%

Bull / bear case

Site-generated summary from fundamentals, news, and score — not investment advice. As of 2026-10-08.

Bull case
  • Cenovus Energy is well-positioned in the oil and gas integrated sector, benefiting from a competitive advantage due to its diversified operations and strong market presence.
  • Cenovus reported a revenue increase of 43% in the latest quarter, reaching $19.1 billion compared to $13.3 billion in the prior quarter.
  • The company's operating margin expanded to 22.4%, showcasing improved efficiency and profitability.
Bear case
  • The energy sector is currently facing volatility due to fluctuating oil prices and regulatory challenges, which could impact future performance.
  • Cenovus's gross margin decreased to 30.9% from 31.8% in the prior quarter, indicating potential pressure on profitability.
  • The company's score is neutral at 16.00, reflecting mixed signals in market trends and indicators.

Fundamentals

Market cap$58.08BEnterprise value$66.55BTrailing P/E12.11Forward P/E11.67
PEG—Price / book2.41Beta0.60Dividend yield1.97%
Revenue growth41.5%Earnings growth239.1%Gross margin29.9%Operating margin23.8%
Profit margin12.4%ROE20.9%ROA9.2%Debt / equity0.34
Current ratio1.63Free cash flow$5.48BAnalyst recommendationstrong_buyMean target$36.48
52w high$34.1652w low$15.63

Quarterly

2026-Q22026-Q12025-Q42025-Q32025-Q22025-Q1
Revenue$19.1B$13.3B$13.9B$13.2B$12.3B—
Op margin22.4%17.7%8.2%11.5%5.6%—
Net income$2.9B$1.6B$934M$1.3B$851M—
Gross margin30.9%31.8%20.0%25.2%21.0%—
Gross profit$5.9B$4.2B$2.8B$3.3B$2.6B—
Operating income$4.3B$2.4B$1.1B$1.5B$690M—
  • Revenue +43% vs prior quarter ($19.1B vs $13.3B).
  • Gross margin 30.9% (was 31.8% prior quarter).
  • Operating margin expanded to 22.4%.

Yearly (6y)

20252024202320222021
Revenue$52.8B$57.7B$55.5B$71.8B—
Op margin8.8%8.8%10.1%14.4%—
Net income$3.9B$3.1B$4.1B$6.5B—
Gross margin22.4%22.1%22.9%23.9%—
Gross profit$11.8B$12.8B$12.7B$17.1B—
Operating income$4.6B$5.1B$5.6B$10.4B—
Headline scan

No flags

• No distress or material-risk keywords in recent headlines (keyword scan only — not a guarantee).

News

CVE · daily+0.5% over 13 sessions
Close EMA21 EMA50 EMA200
30.2630.8531.4332.0232.612026-092026-092026-092026-092026-102026-102026-10
Quarterly · revenue, net income, margins
Revenue Net income Gross margin Op margin
$0M$4.8B$9.5B$14.3B$19.1B0%16%32%2025-Q22025-Q32025-Q42026-Q12026-Q2