Cenovus Energy/$CVE

13:30
15:10
16:45
18:25
20:00
1D1W1MYTD1Y5YMAX

About Cenovus Energy

Cenovus Energy Inc is an integrated oil company, focused on creating value through the development of its oil sands assets. The company also engages in production of conventional crude oil, natural gas liquids, and natural gas in Alberta, Canada, with refining operations in the U.S. Net upstream production averaged 786 thousand barrels of oil equivalent per day in 2022. The company had upstream projects across Western Canada; crude oil production and natural gas and NGLs production offshore China and Indonesia. The downstream operations include upgrading and refining operations in Canada and the U.S., and commercial fuel operations across Canada.

Ticker

$CVE
Sector

Primary listing

NYSE

Employees

7,150

Headquarters

Calgary, Canada

Cenovus Energy Metrics

BasicAdvanced
$30B
16.46
$1.02
1.33
$0.54
3.44%

What the Analysts think about Cenovus Energy

Analyst ratings (Buy, Hold, Sell) for Cenovus Energy stock.

Bulls say / Bears say

Cenovus will acquire MEG Energy in a C$7.9 billion cash-and-stock deal, combining its nearby Christina Lake operations to create one of Canada’s largest oil sands producers with combined output exceeding 720,000 bpd
The company sweetened its takeover offer for MEG Energy to C$29.80 per share, demonstrating disciplined valuation and securing low-cost, scalable oil sands assets amid a competitive bidding environment
Cenovus agreed to sell its remaining 50% refining stake in WRB to Phillips 66 for $1.4 billion, simplifying its downstream portfolio and generating proceeds earmarked for debt reduction and enhanced shareholder returns
Cenovus’s second-quarter net income fell to C$851 million, down from C$1.0 billion a year earlier, as wildfires in Alberta forced upstream shutdowns that reduced production to 765,900 boepd
The company cut its 2025 production forecast to 805,000–825,000 boepd from up to 845,000 boepd after a steam release caused by a casing failure at the Rush Lake injection well, highlighting operational and geological risks
Cenovus plans to cut 20–25% of its workforce following the Husky Energy merger, a move that may pressure integration efforts and operational continuity during one of Canada’s largest oil-patch consolidations in years
Data summarised monthly by Lightyear AI. Last updated on 8 Oct 2025.

Cenovus Energy Financial Performance

Revenues and expenses
QuarterlyAnnual
Q3 24
QoQ growth
Revenue
$37B
-39.75%
Net income
$45B
107.52%
Profit margin
37.65%
6.78%

Cenovus Energy Earnings Performance

Company profitability
QuarterlyAnnual
Q4 23
Q1 24
Q2 24
Q3 24
Q4 24
Actual
$3.69
$2.85
$2.45
$2.42
-
Expected
$3.55
$2.61
$2.05
$2.31
$3.94
Surprise
3.94%
9.20%
19.51%
4.63%
-
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Real-time US market data is sourced from the IEX order book provided by Polygon. After-hours US market data is 15 minutes delayed and may differ significantly from the actual tradable price at market open.

Buy $CVE

Sign up or log in to buy
Capital at risk
Market closed

Upcoming events

No upcoming events
FAQs