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Forecast

The analysts' average price target is €32.13 (+9.14%). The median is €32.13 (+9.14%).

Buy
  11
Hold
  15
Sell
  1

  • Cenovus Energy shares surged 60.7% in Q1 as Middle East conflict lifts energy sector

    Kopernik Global All-Cap Equity Fund said Cenovus Energy was a top contributor in Q1, delivering a total return of 60.7% and helping the Energy sector add 3.5% to the fund’s returns amid volatility from the Middle East conflict. Cenovus closed at $28.04 on May 28, with a one-month loss of 4.2% but a 52-week gain of 112.75% and a market cap of $52.61 billion. The fund emphasized focusing on fundamentals and using volatility to buy quality companies at discounts. » More on finance.yahoo.com


  • Cenovus Energy: Q1 profit above expectations, revenue miss drags stock down

    Cenovus Energy reported Q1 2026 EPS of $0.83, beating the estimate of $0.7096, but missed revenue with $11.78 billion versus $12.66 billion expected. The stock fell 6.43% in pre-market trading to $38.84. The company raised the dividend by 10% to CAD 0.88, confirmed its 2026 capital expenditure guidance of CAD 5.0–5.3 billion, and is targeting a reduction in net debt from about CAD 8 billion to CAD 6 billion. » More on de.investing.com


  • Cenovus Energy seen as undervalued after UBS and BMO raise price targets

    Cenovus Energy is listed among 12 undervalued natural gas stocks after UBS raised its price target from C$36 to C$41 and BMO raised its target from $35 to $42 while maintaining positive ratings. The target increases incorporate updated mark-to-market assumptions reflecting the Middle East conflict and North American gas oversupply. Analysts note potential oil-price scenarios tied to the US-Iran situation and expect the conflict to subside by month-end, adding upside of roughly 17% from current levels. » More on finance.yahoo.com

Historical dividends Dividends

All dividend metrics All metrics
In 2026, Cenovus Energy has already paid €0.40 in dividends. The last payout was in September.

Financials

In the last quarter, Cenovus Energy had revenue of €10.75B and net profit of €1.77B
(EUR) June 2026
YoY
Revenue 10.75B 33.26%
Gross profit 2.74B 69.17%
Net profit 1.77B 233.69%
EBITDA 3.56B 142.36%

Fundamentals

Metric Value
Market capitalization
€52.88B
Number of shares
1.84B
52-week high/low
€30.48 - €13.95
Dividend yield
1.77%
Dividends TTM
€0.52
Beta
0.50
P/E ratio
12.47
PEG ratio
0.08
P/B ratio
2.45
P/S ratio
1.54

Company profile

Cenovus Energy Inc., together with its subsidiaries, develops, produces, and markets crude oil, natural gas liquids, and natural gas in Canada, the United States, and the Asia Pacific region. The company operates through Oil Sands, Conventional, Offshore, Canadian Manufacturing, U.S. Manufacturing, and Retail segments. The Oil Sands segment develops and produces bitumen and heavy oil in northern Alberta and Saskatchewan. This segments Foster Creek, Christina Lake, Sunrise, and Tucker oil sands projects, as well as Lloydminster thermal and conventional heavy oil assets The Conventional segment holds assets primarily located in Elmworth-Wapiti, Kaybob-Edson, Clearwater, and Rainbow Lake operating in Alberta and British Columbia, as well as interests in various natural gas processing facilities. The offshore segment engages in the exploration and development activities. The Canadian Manufacturing segment includes the owned and operated Lloydminster upgrading and asphalt refining complex, which upgrades heavy oil and bitumen into synthetic crude oil, diesel fuel, asphalt, and other ancillary products, as well as owns and operates the Bruderheim crude-by-rail terminal and two ethanol plants. The U.S. Manufacturing segment comprises the refining of crude oil to produce diesel, gasoline, jet fuel, asphalt, and other products. The Retail segment consists of marketing of its own and third-party refined petroleum products through retail, commercial, and bulk petroleum outlets, as well as wholesale channels. Cenovus Energy Inc. was founded in 2009 and is headquartered in Calgary, Canada.

Name
Cenovus Energy
CEO
Jonathan McKenzie
Headquarters Calgary, ab
Canada
Website
Sector
Energy
Industry
Oil, Gas & Consumable Fuels
IPO
11/17/2009
Employees 7,211

Ticker symbols

Exchange Symbol
NYSE
CVE
Toronto Stock Exchange
CVE.TO
Frankfurt
CXD.F
Düsseldorf
CXD.DU
München
CXD.MU
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