Cenovus Energy
CVE
Market cap $27.2B

15.00 USD

-0.17

1.12%

Updated Jul 30, 11:30 AM EDT

1 day

-1.12%

5 days

3.88%

1 month

10.29%

3 months

27.44%

6 months

0.67%

Year to date

-2.02%

1 year

-23.31%

5 years

226.09%

10 years

2.67%

About: 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.

Employees: 7,150

Energy Oil & Gas Integrated

0

Funds holding %

of 7,323 funds

–

Analysts bullish %

Fund manager confidence

Based on 2025 Q1 regulatory disclosures by fund managers ($100M+ AUM)

11% more funds holding in top 10

Funds holding in top 10: 9 [Q4 2024] → 10 (+1) [Q1 2025]

1.94% more ownership

Funds ownership: 47.03% [Q4 2024] → 48.96% (+1.94%) [Q1 2025]

4% more repeat investments, than reductions

Existing positions increased: 140 | Existing positions reduced: 135

5% less capital invested

Capital invested by funds: $13.1B [Q4 2024] → $12.5B (-$610M) [Q1 2025]

9% less first-time investments, than exits

New positions opened: 40 | Existing positions closed: 44

3% less funds holding

Funds holding: 397 [Q4 2024] → 386 (-11) [Q1 2025]

43% less call options, than puts

Call options by funds: $145M | Put options by funds: $255M

See Fund Rankings

Research analyst outlook

1 Wall Street Analyst provided 1 year price targets over the past 3 months

Low target

$16

7%

upside

Avg. target

$16

7%

upside

High target

$16

7%

upside

1 analyst rating

1 positive

100%

0 neutral

0%

0 negative

0%

Goldman Sachs

Neil Mehta

7%upside

$16

Buy

Maintained

30 Apr 2025

See Analyst Rankings

Financial journalist opinion

Based on 7 articles about CVE published over the past 30 days

Zacks Investment Research

Cenovus (CVE) Q2 Earnings Preview: What You Should Know Beyond the Headline Estimates

Besides Wall Street's top-and-bottom-line estimates for Cenovus (CVE), review projections for some of its key metrics to gain a deeper understanding of how the company might have fared during the quarter ended June 2025.

Cenovus (CVE) Q2 Earnings Preview: What You Should Know Beyond the Headline Estimates

Zacks Investment Research

Is the Options Market Predicting a Spike in Cenovus Energy Stock?

Investors need to pay close attention to Cenovus Energy stock based on the movements in the options market lately.

Is the Options Market Predicting a Spike in Cenovus Energy Stock?

Cenovus to hold second-quarter 2025 conference call and webcast on July 31

CALGARY, Alberta, July 24, 2025 (GLOBE NEWSWIRE) -- Cenovus Energy Inc. (TSX:CVE) (NYSE:CVE) will release its second-quarter 2025 results on Thursday, July 31, 2025. The news release will provide consolidated second-quarter operating and financial information. The company's financial statements will be available on Cenovus's website, cenovus.com.

Cenovus to hold second-quarter 2025 conference call and webcast on July 31

Zacks Investment Research

Analysts Estimate Cenovus Energy (CVE) to Report a Decline in Earnings: What to Look Out for

Cenovus (CVE) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Analysts Estimate Cenovus Energy (CVE) to Report a Decline in Earnings: What to Look Out for

Zacks Investment Research

Cenovus Energy (CVE) Beats Stock Market Upswing: What Investors Need to Know

Cenovus Energy (CVE) reached $14.63 at the closing of the latest trading day, reflecting a +2.24% change compared to its last close.

Cenovus Energy (CVE) Beats Stock Market Upswing: What Investors Need to Know

Cenovus Energy: A Little More Deleveraging

Cenovus Energy continues redeeming preferred shares. Temporary production shutdown from Alberta fires will slightly lower output. Net debt rose in Q1 due to a working capital increase.

Cenovus Energy: A Little More Deleveraging

Cenovus Energy: One Of My Favorite Value Stocks In Energy

Cenovus Energy offers compelling value, trading at a discount despite robust fundamentals and a recent 11% dividend increase, yielding 4.3%. CVE has low-cost, long-life oil sands assets and a diversified portfolio, supporting stable production and free cash flow growth. Upcoming projects like West White Rose and strong operating fundamentals position CVE for continued production growth and capital returns.

Cenovus Energy: One Of My Favorite Value Stocks In Energy

Zacks Investment Research

Cenovus Energy (CVE) Stock Dips While Market Gains: Key Facts

Cenovus Energy (CVE) closed at $13.65 in the latest trading session, marking a -1.16% move from the prior day.

Cenovus Energy (CVE) Stock Dips While Market Gains: Key Facts

20 oil stocks passing a quality screen as Investors wonder what Iran will do next

Nobody knows how badly the international oil market might be disrupted by Iran. But if you want to take advantage of the uncertainty, a screen encompassing debt levels and cash flow can limit your risk.

20 oil stocks passing a quality screen as Investors wonder what Iran will do next

Zacks Investment Research

Cenovus Energy (CVE) Ascends While Market Falls: Some Facts to Note

Cenovus Energy (CVE) closed at $14.83 in the latest trading session, marking a +2.84% move from the prior day.

Cenovus Energy (CVE) Ascends While Market Falls: Some Facts to Note

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