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CVE

Cenovus Energy Inc. (NYSE)

Energy — Oil & Gas Integrated

Cenovus Energy Inc., together with its subsidiaries, develops, produces, refines, transports, and markets crude oil, natural gas, and refined petroleum products in Canada, the United States, and China. It operates through Upstream and Downstream segments. The company is involved in the development and production of bitumen and heavy oil; owns and operates pipeline gathering systems and terminals; operation of assets rich in NGLs and natural gas in Alberta and British Columbia; and offshore operations, exploration, and development activities in the East Coast of Canada and the Asia Pacific region. It also engages in refining, such as owned and operated Lloydminster upgrading and asphalt refining complex; owns and operates the Bruderheim crude-by-rail terminal and two ethanol plants; fuels business; and refining of crude oil to produce gasoline, diesel, jet fuel, asphalt, and other products. Cenovus Energy Inc. was founded in 2009 and is headquartered in Calgary, Canada.

Strong Buy 1.5 / 5 2 analysts
$24.50
$-0.31 (-1.25%)
Target: $34.41 (40.4%)
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Price History

52-Week Range

Fundamentals

Market Cap$45.69B
P/E Ratio (TTM)13.84
Forward P/E10.22
EPS (TTM)$1.77
Dividend Yield2.53%
Profit Margin9.52%
Revenue Growth-7.10%
ROE14.83%
Debt/Equity42.27
Recommendation Strong Buy 1.5
Analyst Target$34.41
Analysts2
Indexes NYSE

Technical Indicators

RSI (14)17.0
Beta0.51
SMA 20-
SMA 40-
52-Week High$32.07
52-Week Low$13.86
50-Day Avg$27.99
200-Day Avg$21.78
Avg Volume$8.50M
Volume$3.21M

Performance Analysis

BULLISH

CVE shows predominantly bullish signals based on its fundamentals and technicals.

~ Trading at 58% of its 52-week range.
+ RSI at 17.0 signals oversold conditions — a bounce may be ahead.
~ Price dropped below the 50-day average but remains above the 200-day — possible short-term weakness.
+ P/E of 13.8 suggests the stock may be undervalued.
- Revenue declined 7.1% year-over-year.
+ Wall Street consensus is "Strong Buy" from 2 analysts.
+ Average analyst target of $34.41 implies 40.4% upside.

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Last updated: Jul 02, 2026 13:05 UTC

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