CVE
Cenovus Energy Incorporation
$28.68
▲ 1.5%Updated Today 3:42 PM ET
CVE at a glance — five pillars scored 0–100 from real filed financials.
Overall: Favorable · 58/100. A wider, greener shape means more pillars look healthy. Dividends scores 0 when a company pays none — that is a choice, not a flaw.
▲ Up 73.7% over the last 12 months
Market Cap
$48.09B
P/E
14.07x
Forward P/E (est.)
10.05x
ROE
15.2%
Revenue Growth
-10.0%
EPS Growth
65.8%
Profit Margin
9.5%
FCF Yield
18.1%
Debt / Equity
0.45x
ROIC
—
Interest Coverage
—
Current Ratio
1.57x
Dividend Yield
2.5%
Implied Growth (rev. DCF)
—
Rating Score
58/100
Cenovus Energy Incorporation (CVE) is a large-cap company in the Energy industry, part of the Energy sector of the S&P 500, with a market value around $48.09B.
In its latest reported year it generated about $36.28B in revenue and $2.87B in net profit.
Our model rates CVE Favorable (58/100) on growth, profitability, financial health, and valuation. The summary below is built from its filed financials and current ratios and refreshes automatically.
Technical analysis reads price and volume to judge momentum and timing. It complements the fundamentals above — it does not replace them. Here is what CVE's chart says today, with each tool explained.
Trend — moving averages. A moving average is the average closing price over a window, which smooths out daily noise. CVE trades near $28.68, above its 50-day average ($27.94) and 200-day average ($21.86). Price above both averages, with the shorter one above the longer, is the textbook definition of an uptrend — momentum favours buyers.
Momentum — RSI. The Relative Strength Index runs 0–100 and measures how strong recent gains are versus losses. Above 70 is "overbought", below 30 "oversold". At 18 it is oversold — selling has been heavy and a bounce is possible.
MACD. MACD compares two moving averages to flag shifts in momentum. Its histogram is currently negative — short-term momentum is fading.
Volatility — ATR. Average True Range is the typical daily move. CVE's is $0.78 (~2.7% of price), so swings of about that size each day are normal — handy for setting a stop that isn't too tight.
Support & resistance. Over the last month CVE found buyers near $24.30 (support) and sellers near $29.73 (resistance); its 52-week range is $13.86–$32.07. A decisive break beyond either edge often marks the next move.
Volume. The latest session traded 0.5× the 20-day average — lighter than usual, so the move carries less conviction. Rising volume on up-days suggests real buying; on down-days, real selling.
Educational information to help you read a chart — not a recommendation or a forecast. It updates daily as the price and indicators change.
4Y CAGR
1.8%
Revenue moved from $8.03B in 2016 to $36.28B in 2025, a 18.2% compound annual growth rate. The most recent year declined 10.0% year over year. Shrinking revenue is worth a closer look — is it cyclical or structural?
Gross Margin
37.5%
Operating Margin
11.8%
Net Margin
7.9%
ROE
15.2%
Cenovus Energy Incorporation keeps about 9.5% of each sales dollar as net profit, with a 37.5% gross margin and 11.8% operating margin. Return on equity is 15.2%. Margins are moderate — typical of a competitive but profitable business.
Total Debt
$8.05B
Net Debt
$6.05B
Net Debt / EBITDA
—
Debt / Equity
0.45x
Leverage: debt-to-equity is 0.4x, with a current ratio of 1.6x. That is a conservative balance sheet — a cushion in downturns. It carries roughly $8.05B of total debt against $2.00B of cash.
Operating CF
$6.01B
Free Cash Flow
$6.01B
FCF Margin
16.6%
In the latest year Cenovus Energy Incorporation produced about $6.01B of operating cash flow and $6.01B of free cash flow after capital spending. That is a free-cash-flow yield of about 18.1% on today's price. Strong cash generation funds dividends, buybacks, and reinvestment.
Can the payout survive a bad year? Scored from filed cash flow, earnings coverage, and the raise/cut record.
The dividend is being paid, but coverage or consistency is thinner than an income investor should rely on without a closer look.
Dividend yield
2.5%
Per share (latest FY)
$0.57
Total paid (latest FY)
$1.05B
History on record
8 years
dividend uses 17% of free cash flow
37% of net income paid out
no current raise streak
payout was cut at least once in the last 8 years
Coverage uses the latest fiscal year as filed with the SEC; the streak counts total dollars paid (per-share figures can carry split artifacts). Educational information, not income advice.
P/E
14.07x
P/S
1.31x
P/B
1.4x
EV / EBITDA
—
CVE trades at 14.1x trailing earnings (about 10.1x on estimated forward earnings), 1.3x sales, and 1.4x book value. That is an undemanding multiple — potentially cheap if the business is stable.
Where CVE sits versus its Energy sector peers in the S&P 500.
Bands show the middle half (25th–75th percentile) of the 47 Energy companies in the S&P 500 — the peer-relative anchor professional comps analysis uses. Context only — not investment advice.
How CVE stacks up against its Energy peers — valuation, profitability, and growth versus the sector median.
In the Energy sector (57 S&P 500 companies), CVE ranks #17 of 57 by our overall rating. It trades at a discount versus the sector on earnings (14.1x P/E vs. 19.3x median) with a higher return on equity (15.2% vs. 13.3%) and slower revenue growth (-10.0% vs. 0.7%).
P/E vs sector
14.1x
median 19.3x
ROE vs sector
15.2%
median 13.3%
Growth vs sector
-10.0%
median 0.7%
Sector rank
#17
of 57 by rating
Valuation vs. quality map
The sweet spot is upper-left: more profitable (higher ROE) for a lower P/E. Dashed lines mark the sector median.
Peers are the closest Energy companies by sub-industry and size. Sector median is across all 57 S&P 500 names in the sector. Educational, not a recommendation.
Project revenue → earnings → price. Edit the assumptions to build your own case.
2030 price target (Base Case)
$0.00 – $0.00
vs. $28.68 today · expected CAGR -11% – -0%
| Metric | 2026 | 2027 | 2028 | 2029 | 2030 |
|---|---|---|---|---|---|
| Revenue | $37.37B | $38.49B | $39.64B | $40.83B | $42.06B |
| Net income | $2.99B | $3.08B | $3.17B | $3.27B | $3.36B |
| EPS | $1.78 | $1.84 | $1.89 | $1.95 | $2.01 |
| Share price (low) | $14.26 | $14.69 | $15.13 | $15.58 | $16.05 |
| Share price (high) | $24.96 | $25.71 | $26.48 | $27.27 | $28.09 |
| CAGR (low–high) | -50% / -13% | -28% / -5% | -19% / -3% | -14% / -1% | -11% / -0% |
Educational model on sample fundamentals — not a forecast or investment advice. Outputs are only as good as your assumptions.
The case for CVE:
- Strong return on equity (15.2%) shows capital is put to work well.
- Healthy free-cash-flow yield (~18.1%) funds buybacks and dividends.
- A conservative balance sheet (debt/equity 0.4x) lowers risk.
- Pays a 2.5% dividend on top of any price gains.
- Our model's overall read is Favorable (58/100).
The case against CVE:
- Revenue growth is slow/negative (-10.0%), limiting the upside engine.
- Like any single stock, it is exposed to competition, the economic cycle, and shifts in its end markets.
Growth risk — sluggish revenue (-10.0%) leaves little margin for execution missteps.
Market risk — sector rotation, the economic cycle, and broad sentiment move the stock regardless of fundamentals.
On balance, the fundamentals screen favourably: Cenovus Energy Incorporation is a large-cap energy business with shrinking revenue, with modest profitability, and a sound balance sheet. It trades at 14.1x earnings, which our model scores Favorable (58/100). Weigh this against your own goals and time horizon — this is educational information, not a recommendation.
Analyst Ratings
What 20 Wall Street analysts covering CVE recommend (July 2026). Consensus is a useful sanity check — not a substitute for your own homework.
Latest SEC Filings
CVE's most recent filings, straight from SEC EDGAR. Annual and quarterly reports are the deep dives; 8-Ks flag material events the moment they happen.
In the Idea Lab
CVE — frequently asked questions
Is CVE a good stock to buy?
We don't give buy or sell advice. Our model rates Cenovus Energy Incorporation Favorable (58/100) based on its growth, profitability, financial health, and valuation — use that as a research starting point and make your own decision.
What is CVE's rating on The Stocks School?
Cenovus Energy Incorporation currently scores 58/100 (Favorable) on our transparent model, which weighs real fundamentals: growth, margins, returns on capital, balance-sheet strength, and valuation.
How our ratings work →Where does CVE's data come from?
Live price data plus real fundamentals and 5-year financials pulled directly from Cenovus Energy Incorporation's SEC filings — refreshed automatically, not hand-entered.
How is the 5-year projection for CVE calculated?
It's a scenario model: it grows revenue at an assumed rate, applies a profit margin and a valuation multiple, and shows the resulting share-price range. The assumptions are yours to change — it's a tool for thinking, not a prediction.
Is this CVE analysis financial advice?
No. Everything on this page is educational research, not financial advice or a recommendation to buy or sell CVE. Always do your own research and consider a licensed professional.
Data notice. Fundamentals and financial statements are sourced from company filings (SEC EDGAR) and market-data providers; prices and market caps refresh on trading days and may be delayed. Ratings, projections, technical signals, and written summaries are model- or rule-generated for education and may simplify or lag the latest filings.
Not advice. Nothing on this page is investment advice or a recommendation to buy, hold, or sell any security. Do your own research and consult a licensed financial professional before investing.