Cenovus Energy Inc (CVE)

Cenovus Energy Inc. is a Canadian energy company listed on the NYSE as common stock under the ticker CVE. Through its subsidiaries, the company develops, produces, refines, transports, and markets crude oil, natural gas, and refined petroleum products across Canada, the United States, and China. Its operations are organized into upstream and downstream segments, covering bitumen and heavy oil development, pipeline gathering systems and terminals, natural gas- and NGL-rich assets in Alberta and British Columbia, and offshore exploration and development on Canada’s East Coast and in the Asia Pacific region. Cenovus also operates refining and upgrading assets, including the Lloydminster complex, the Bruderheim crude-by-rail terminal, two ethanol plants, and fuels operations that produce products such as gasoline, diesel, jet fuel, and asphalt. Founded in 2009, the company is headquartered in Calgary, Canada.


Jump between the core stock analysis sections, valuation data, fair value models, technical outlook, and FAQ.

Data update note: Fair value and stock analysis metrics are updated after regular market sessions when new data becomes available.
Ticker Fair Value Fair Value Upside/Downside Fair Value Rating Analyst Price Target Analyst Target Upside/Downside Analyst Target Rating Overall Financial Health Upcoming Dividend Ex-Date Dividend Payment Date Upcoming Dividend Dividend Yield Next Earnings Date P/E Ratio Price-to-Book Ratio Price-to-Sales Ratio Market Cap Enterprise Value Total Debt / Total Capital Free Float / Shares Outstanding Altman Z-Score Payout Ratio Free Cash Flow / Net Income
NYSE-CVE
$33.28
16.0% Upside
Fair
$34.41
20.0% Upside
Undervalued
Great
0.6303
2.2%
July 23, 2026
16.3x
2.3x
1.5x
52.962 B
62.184 B
15.6%
83.3%
6.0
32.0%
91.7%
Valuation • Fair Value

Cenovus Energy Inc (NYSE-CVE) Fair Value by Valuation Model

Compare the primary fair value estimate for Cenovus Energy Inc (NYSE-CVE) with model-based valuation references such as DCF, Ben Graham, DDM, EPV and comparable-company valuation.

Primary Valuation Read

Fair Value

$33.28

Estimated upside of 16.0% versus the current market price.

Fair Value Confidence

High

Confidence level for the primary fair value estimate.

DCF Fair Value

$37.23

Discounted cash flow valuation reference.

Ben Graham Formula Value

$19.52

Classic Ben Graham valuation formula reference.

DDM Fair Value

$36.87

Dividend discount model valuation reference.

EPV Fair Value

NM

Earnings power value estimate.

Comps Fair Value

$28.13

Comparable-company valuation reference.

Analyst Price Target

$34.41

Analysts imply upside of 20.0%.

How to read these valuation models

Use this section to compare the primary fair value estimate for Cenovus Energy Inc (NYSE-CVE) with several model-based valuation references. Different models can produce different outputs because each method relies on a different set of assumptions, so the primary fair value estimate should be read alongside the model spread rather than in isolation.

Profitability • Growth

Profitability & Growth for Cenovus Energy Inc (NYSE-CVE)

A compact read on revenue, forward revenue expectations, EBITDA and operating profitability trends.

Revenue

35.039 B

Current operating scale indicator.

Revenue Forecast

40.893 B

Forward revenue estimate.

EBITDA

7.678 B

Current operating profitability reference.

EBITDA Forecast

12.348 B

Forward operating profitability estimate.

How to read profitability and growth

This section helps investors review Cenovus Energy Inc (NYSE-CVE) from an operating perspective by combining current scale, forward revenue expectations and EBITDA-related profitability measures.

Quality • Risk

Quality & Financial Risk for Cenovus Energy Inc (NYSE-CVE)

Review financial health, earnings quality and balance-sheet risk through Piotroski, Beneish, Altman and cash conversion metrics.

Financial Health

Great

Positive financial-health read.

Piotroski Score

6

Mid-range quality score.

Beneish M-Score

-2.26

No elevated caution signal from this screen.

Altman Z-Score

6.0

Relatively strong balance-sheet zone.

FCF / Net Income

91.7%

Cash conversion quality indicator.

How to read quality and risk

This section combines quality, balance-sheet and accounting-risk indicators for Cenovus Energy Inc (NYSE-CVE). Read the metrics together: no single score is a complete investment conclusion, but the combined view can highlight financial strength, earnings quality and areas that may deserve closer review.

Events • Dividends

Upcoming Events & Dividends for Cenovus Energy Inc (NYSE-CVE)

Track the next earnings date, ex-dividend date, dividend payment date, dividend yield and upcoming distribution details where available.

Next Earnings Date

July 23, 2026

Days to Earnings

2

Dividend Payment Date

Not available

Ex-Dividend Date

Not available

Dividend Yield

2.2%

Income yield reference.

Upcoming Dividend

0.6303

Upcoming distribution amount.

Payment Type

Not available

Data is currently unavailable.

Dividend Currency

USD

Currency used for the distribution.

Payout Ratio

32.0%

Dividend payout reference.

How to read events and dividends

This section helps investors track time-sensitive items for Cenovus Energy Inc (NYSE-CVE), including the next earnings date and dividend-related milestones. These items can matter for short-term volatility, income planning and event-driven positioning.

Stock Forecast • Technical Outlook

Cenovus Energy Inc (NYSE-CVE) Stock Forecast & Technical Outlook

Review Cenovus Energy Inc (NYSE-CVE) across multiple technical time frames, alongside analyst recommendation data, to form a faster read on market positioning and near-term sentiment.

Technical Signals by Time Frame

Switch between time frames to review the current technical signal for the stock.

Strong Sell Sell Neutral Buy Strong Buy
Time frame: 15-minute • intraday
Buy

The 15-minute technical read for Cenovus Energy Inc (NYSE-CVE) is currently Buy. Use it as a timing signal only, and compare it with valuation, fundamentals and upcoming events before drawing a broader view.

Strong Sell Sell Neutral Buy Strong Buy
Time frame: 1-hour • short-term
Strong Buy

The 1-hour technical read for Cenovus Energy Inc (NYSE-CVE) is currently Strong Buy. Use it as a timing signal only, and compare it with valuation, fundamentals and upcoming events before drawing a broader view.

Strong Sell Sell Neutral Buy Strong Buy
Time frame: daily • daily
Strong Buy

The daily technical read for Cenovus Energy Inc (NYSE-CVE) is currently Strong Buy. Use it as a timing signal only, and compare it with valuation, fundamentals and upcoming events before drawing a broader view.

Strong Sell Sell Neutral Buy Strong Buy
Time frame: weekly • weekly
Strong Buy

The weekly technical read for Cenovus Energy Inc (NYSE-CVE) is currently Strong Buy. Use it as a timing signal only, and compare it with valuation, fundamentals and upcoming events before drawing a broader view.

Strong Sell Sell Neutral Buy Strong Buy
Time frame: monthly • monthly
Strong Buy

The monthly technical read for Cenovus Energy Inc (NYSE-CVE) is currently Strong Buy. Use it as a timing signal only, and compare it with valuation, fundamentals and upcoming events before drawing a broader view.

Analyst Consensus for Cenovus Energy Inc (NYSE-CVE)

A consolidated view of buy, hold and sell recommendations based on the currently available analyst data.

Strong Sell Sell Neutral Buy Strong Buy
Consolidated analyst recommendation mix
Strong Buy

Based on the available recommendation mix, Cenovus Energy Inc (NYSE-CVE) has a Strong Buy consensus, with 10 buy, 1 hold and 0 sell recommendations in the current data set.

Buy 10
Hold 1
Sell 0
FAQ Fast Investor Answers

Cenovus Energy Inc (NYSE-CVE) Stock FAQ

Quick answers about Cenovus Energy Inc (NYSE-CVE) stock, including fair value, valuation rating, analyst price target, dividends, earnings dates, market capitalization, financial health and other key stock analysis metrics.

Fair Value
$33.28
Estimated upside 16.0%
Valuation Rating
Undervalued
Estimated upside of 16.0%
Analyst Target
$34.41
Implied upside 20.0%
Financial Health
Great
Current financial-health read

The current fair value estimate for Cenovus Energy Inc (NYSE-CVE) is $33.28. This implies an estimated upside of 16.0% versus the current market price.

Based on the current fair value estimate, the stock appears undervalued, with estimated upside of 16.0% versus the current market price.

The available analyst price target for Cenovus Energy Inc (NYSE-CVE) is $34.41. The analyst target implies estimated upside of 20.0%.

The current financial health read for Cenovus Energy Inc (NYSE-CVE) is Great. This should be reviewed alongside valuation, profitability, debt and cash-flow quality metrics.

The next earnings date currently listed for Cenovus Energy Inc (NYSE-CVE) is July 23, 2026.

Based on the current data, dividend yield is 2.2%, upcoming dividend amount is 0.6303.

The current P/E ratio listed for Cenovus Energy Inc (NYSE-CVE) is 16.3x. Use it together with growth, margins and sector comparisons rather than as a standalone valuation signal.

The current market capitalization listed for Cenovus Energy Inc is 52.962 B.

The current enterprise value listed for Cenovus Energy Inc is 62.184 B. Enterprise value can provide a broader valuation view than market capitalization alone because it also considers net debt.

The ticker symbol for Cenovus Energy Inc is NYSE-CVE, and the stock is listed on NYSE.

Cenovus Energy Inc (NYSE-CVE) is listed on NYSE.

The current debt-to-total-capital ratio listed for Cenovus Energy Inc is 15.6%, which helps investors evaluate the company’s financing structure and leverage profile.

The free float listed for Cenovus Energy Inc is 83.3%. Free float helps investors understand how much of the share base is available for public trading.