Companies /Energy

Cenovus Energy Inc

NYSE: CVE Oil & Gas Integrated
$31.39
▼ $0.10 (−0.32%) today
Markets closed · 11:29am ET

24/7 Wall St. View

Price Prediction $32.13 +2.4% Our analysts’ 12-month view: target, optimistic case, and floor. CVE price prediction →

CVE at a Glance

Valuation
Market cap
$57.9B
P/E ratio
12.1
Dividend yield
2.60%
Profitability
Revenue (TTM)
$53.9B
Profit margin
12.4%
EPS (TTM)
$2.59
Price
52-week range
$15 – $34
24/7 target
$32.13
Street target
$36.48
Earnings
Next report
Oct 30, 2026

Headquartered in Calgary, AB Fiscal year ends December NYSE: CVE cenovus.com

About Cenovus Energy

Cenovus Energy Inc. is a Canadian-based integrated energy company listed on the TSX and NYSE. Its upstream operations include oil sands projects in northern Alberta (Foster Creek, Christina Lake, Sunrise, and Lloydminster thermal and conventional heavy oil assets), conventional crude oil, natural gas and NGLs production in Western Canada, crude oil production offshore Newfoundland and Labrador, and natural gas and NGLs production offshore China and Indonesia. Its downstream operations include upgrading and refining in Canada (Lloydminster upgrader and refinery complex, crude-by-rail terminal, ethanol plants) and the United States (Lima, Superior, and Toledo refineries). The company's integrated model is designed to mitigate volatility in light-heavy crude oil price differentials by capturing value from production through to the sale of refined products including transportation fuels, diesel, jet fuel, asphalt, and synthetic crude oil. Cenovus completed the acquisition of MEG Energy Corp. in November 2025, significantly expanding its Christina Lake oil sands production capacity. Following the September 2025 divestiture of its 50% interest in the WRB refineries, all downstream refining operations are wholly-owned. Updated

Latest Activity

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Losers
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  • CVECenovus Energy$31.34-3.3%
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Both Petrobras lines are up double digits at the open, with the preferred shares leading at 11.4%, a rare size of move for a mega-cap oil name. The worst loser, Navitas Semiconductor, is off just 4.2%.

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Frequently Asked Questions

What does Cenovus Energy do?

Cenovus Energy Inc. is a Canadian-based integrated energy company listed on the TSX and NYSE.

What is the CVE stock price target?

24/7 Wall St.'s 12-month price target for CVE is $32.13, rated Hold. The Wall Street consensus target is $36.48. CVE price prediction →