Trending NewsTrending NewsTop-Rated StocksTop-RatedTop-Rated Dividend StocksTop-Rated DividendNYSE:CVE Cenovus Energy (CVE) Stock Price, News & Analysis $30.60 -0.65 (-2.06%) Closing price 03:58 PM EasternExtended Trading$30.65 +0.05 (+0.18%) As of 04:38 PM Eastern Extended trading is trading that happens on electronic markets outside of regular trading hours. This is a fair market value extended hours price provided by Massive. Learn more. Add Compare Share Share Stock Analysis Stock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsNews and TrendsOptions ChainOwnershipSEC FilingsShort Interest About Cenovus Energy Stock (NYSE:CVE) View Price History Chart DataSkip Price History Chart 1 Day 5 Days 30 Days 90 Days 1 Year Advanced 1 Day 1 Day 5 Days 30 Days 90 Days 1 Year Advanced Show volume Show extended hours Get Cenovus Energy alerts:Sign Up Key Stats Today's Range$30.54▼$31.9850-Day Range$27.72▼$33.9152-Week Range$15.63▼$34.16Volume7.52 million shsAverage Volume10.39 million shsMarket Capitalization$55.74 billionP/E Ratio11.77Dividend Yield2.09%Price Target$39.00Consensus RatingBuy Company Overview Cenovus Energy Inc. (NYSE:CVE) is an integrated Canadian energy company headquartered in Calgary, Alberta. The company develops and produces crude oil, natural gas and natural gas liquids, with a significant focus on oil sands operations in Alberta. Its upstream activities include oil sands mining and in situ production, conventional oil and gas production, and the upgrading of heavy crude into synthetic crude oil. Cenovus also operates in the downstream energy sector through crude oil refining, petroleum upgrading, marketing and distribution. Its refining and upgrading assets produce transportation fuels, asphalt, petrochemical feedstocks and other refined petroleum products. The company markets fuel and related products through wholesale channels and a network of retail locations, including sites operating under the Husky brand. Formed in 2009 through the separation of energy assets from Encana Corporation, Cenovus expanded its integrated operations through the acquisition of Husky Energy in 2021. The company’s operations are concentrated in Canada, particularly Alberta and Saskatchewan, with refining and marketing activities extending into the United States. Jon McKenzie serves as Cenovus’s president and chief executive officer.AI Generated. May Contain Errors. Read More Cenovus Energy Stock Analysis - MarketRank™See Top-Rated MarketRank™ Stocks85th Percentile Overall ScoreCVE MarketRank™: Cenovus Energy scored higher than 85% of companies evaluated by MarketBeat, and ranked 45th out of 250 stocks in the energy sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation. Analyst's Opinion4.5 / 5Analyst RatingBuy Consensus RatingCenovus Energy has received a consensus rating of Buy. The company's average rating score is 3.07, and is based on 2 strong buy ratings, 12 buy ratings, 1 hold rating, and no sell ratings.Upside PotentialCenovus Energy has a consensus price target of $39.00, representing about 27.6% upside from its current price of $30.57.Amount of Analyst CoverageCenovus Energy has been the subject of 11 research reports in the past 90 days, demonstrating strong analyst interest in this stock.Read more about Cenovus Energy's stock forecast and price target. Earnings and Valuation1.3 / 5Proj. Earnings Growth-13.73% Earnings GrowthEarnings for Cenovus Energy are expected to decrease by -13.73% in the coming year, from $3.57 to $3.08 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Cenovus Energy is 11.80, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 38.91.Price to Earnings Ratio vs. SectorThe P/E ratio of Cenovus Energy is 11.80, which means that it is trading at a less expensive P/E ratio than the Energy sector average P/E ratio of about 20.08.Price to Book Value per Share RatioCenovus Energy has a P/B Ratio of 2.55. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.Read more about Cenovus Energy's valuation and earnings. Short Interest2.0 / 5Short Interest LevelBearish Percentage of Shares Shorted3.24% of the float of Cenovus Energy has been sold short.Short Interest Ratio / Days to CoverCenovus Energy has a short interest ratio ("days to cover") of 9.Change versus previous monthShort interest in Cenovus Energy has recently increased by 36.11%, indicating that investor sentiment is decreasing significantly. Dividend2.5 / 5Dividend StrengthModerate Dividend YieldCenovus Energy pays a meaningful dividend of 2.02%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthCenovus Energy has only been increasing its dividend for 4 years.Dividend CoverageThe dividend payout ratio of Cenovus Energy is 24.62%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Cenovus Energy will have a dividend payout ratio of 20.78% next year. This indicates that Cenovus Energy will be able to sustain or increase its dividend.Read more about Cenovus Energy's dividend. News and Social Media3.0 / 5News Sentiment0.77 News SentimentCenovus Energy has a news sentiment score of 0.77. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Energy companies.News Coverage This WeekMarketBeat has tracked 20 news articles for Cenovus Energy this week, compared to 5 articles on an average week.Search InterestOnly 17 people have searched for CVE on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days.MarketBeat Follows19 people have added Cenovus Energy to their MarketBeat watchlist in the last 30 days. This is an increase of 58% compared to the previous 30 days. Company Ownership0.6 / 5Insider TradingN/A Insider Buying vs. Insider SellingIn the past three months, Cenovus Energy insiders have not sold or bought any company stock.Percentage Held by Institutions51.19% of the stock of Cenovus Energy is held by institutions. High institutional ownership can be a signal of strong market trust in this company.Read more about Cenovus Energy's insider trading history. Receive CVE Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Cenovus Energy and its competitors with MarketBeat's FREE daily newsletter. Submit View SMS TermsSMS is currently available in Australia, Belgium, Canada, France, Germany, Ireland, Italy, New Zealand, the Netherlands, Singapore, South Africa, Spain, Switzerland, the United Kingdom, and the United States. 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CVE Stock News HeadlinesAnalysts Are Bullish on Top Energy Stocks: Cenovus Energy (CVE), Williams Co (WMB)October 7 at 10:12 AM | theglobeandmail.comAnalysts Offer Insights on Energy Companies: Diamondback (FANG) and Cenovus Energy (CVE)October 7 at 10:12 AM | theglobeandmail.comTrump's New DollarPorter Stansberry says President Trump has signed an executive order initiating what he calls a full U.S. dollar reset - and most Americans don't know it's happening. The last time America underwent a monetary shift like this, under Nixon in the 1970s, it minted an average of 1,300 new millionaires a day for over half a century. Stansberry has released a new documentary naming the assets he believes are positioned to surge as a result.October 7 at 1:00 AM | Porter & Company (Ad)Analysts Offer Insights on Energy Companies: Cenovus Energy (CVE) and Diamondback (FANG)October 6 at 10:53 PM | theglobeandmail.comCenovus Energy: Analyst Update & AnalysisOctober 6 at 5:53 PM | theglobeandmail.comCenovus' Planned $5.7 Billion Acquisition of Athabasca Oil Is Strategically Sound, RBC SaysOctober 6 at 12:52 PM | finance.yahoo.comCenovus Energy Inc. (CVE:CA) M&A Call TranscriptOctober 6 at 10:02 AM | seekingalpha.comCenovus Energy to Acquire Athabasca Oil in $4 Billion DealOctober 6 at 1:20 AM | finance.yahoo.comSee More Headlines CVE Stock Analysis - Frequently Asked Questions How have CVE shares performed this year? Cenovus Energy's stock was trading at $16.91 at the beginning of 2026. Since then, CVE stock has increased by 80.8% and is now trading at $30.57. How were Cenovus Energy's earnings last quarter? Cenovus Energy Inc (NYSE:CVE) posted its earnings results on Wednesday, July, 29th. The oil and gas company reported $1.11 EPS for the quarter, hitting analysts' consensus estimates of $1.11. The company's quarterly revenue was up 47.9% compared to the same quarter last year. Read the conference call transcript. Who are Cenovus Energy's major shareholders? Cenovus Energy's top institutional investors include Confluence Investment Management LLC, Moody National Bank Trust Division and Versant Capital Management Inc. How do I buy shares of Cenovus Energy? Shares of CVE stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. What other stocks do shareholders of Cenovus Energy own? Based on aggregate information from My MarketBeat watchlists, some other companies that Cenovus Energy investors own include NVIDIA (NVDA), Meta Platforms (META), ExxonMobil (XOM), ConocoPhillips (COP), Marathon Petroleum (MPC) and Broadcom (AVGO). Company Calendar Last Earnings7/29/2026Record date for 9/29 Dividend9/15/2026Ex-Dividend for 9/29 Dividend9/15/2026Dividend Payable9/29/2026Today10/07/2026Next Earnings (Estimated)10/30/2026Fiscal Year End12/31/2026Get Stock Alerts Health Indicator TradeSmith's Health IndicatorA long-term volatility-based measure designed for securities held 12 months or longer.Green: Strong and healthy uptrend with normal pullbacks.Yellow: Significant pullback but still within expected volatility.Red: Dropped beyond expected volatility; considered unhealthy. Green Zone (2m+) 1-Year History Oct 25 Jan 26 Apr 26 Jul 26 Oct 26 CVE's financial health is in the Green zone, according to TradeSmith. CVE has been in this zone for over 2 months. Industry, Sector and Symbol Stock ExchangeNYSE SectorEnergy Industry Oil, Gas & Consumable Fuels Sub-IndustryIntegrated Oil & Gas Current SymbolNYSE:CVE CIK1475260 Webwww.cenovus.com Phone(403) 766-2000Fax403-766-7600Employees7,211Year Founded2009Price Target and Rating Average Price Target for Cenovus Energy$39.00 High Price Target$51.00 Low Price Target$29.00 Potential Upside/Downside+27.5%Consensus RatingBuy Rating Score (0-4)3.07 Research Coverage15 Analysts Profitability EPS (Trailing Twelve Months)$2.60 Trailing P/E Ratio11.77 Forward P/E Ratio8.57 P/E GrowthN/ANet Income$2.81 billion Net Margins12.37% Pretax Margin15.52% Return on Equity21.08% Return on Assets10.80% Debt Debt-to-Equity Ratio0.25 Current Ratio1.63 Quick Ratio1.04 Sales & Book Value Annual Sales$35.57 billion Price / Sales1.57 Cash Flow$3.37 per share Price / Cash Flow9.08 Book Value$11.98 per share Price / Book2.55Miscellaneous Outstanding Shares1,821,900,000Free FloatN/AMarket Cap$55.74 billion OptionableOptionable Beta0.46 Social Links The 7 Hottest IPO Stories of 2026MarketBeat just released its list of the 7 hottest IPOs expected to hit Wall Street in 2026. 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