CVE
Cenovus Energy (CVE)
NYSE
$25.72+$0.05 (+0.18%)
Price as of Jun 23, 2026 4:50 PM EDT
  • $48.0B
    Market Cap
  • 89.75%
    1-Year Change
  • Oil & Gas Integrated
    Industry

Key Performance

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  • Earnings Score: N/A
  • Momentum Score: 77
  • True Yield: N/A
  • Financial Health Score: N/A
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Latest Research & News

National Champions are Honoured at the Closing Ceremony of the Skills Canada National Competition 2026, in Toronto

Skills Canada National Competition 2026 concluded in Toronto with over 500 students and apprentices competing for national champion titles across 40+ skill areas. The event promoted skilled trades and technology careers to thousands of student visitors, with support from government partners and corporate sponsors including Home Hardware, UA Canada, Cenovus Energy, and Air Canada.

05/30/2026, 6:13 PMGlobeNewswire

Les champions nationaux sont à l'honneur à la cérémonie de clôture des Olympiades canadiennes des métiers et des technologies 2026, à Toronto

Skills/Compétences Canada held the closing ceremony of the 2026 Canadian Olympiads for Skilled Trades and Technologies in Toronto, where over 500 students and apprentices competed for national titles across 40+ disciplines. The event featured thousands of student visitors, industry leaders, and celebrity participants, with the next competition scheduled for Calgary in 2027.

05/30/2026, 6:13 PMGlobeNewswire

Skills/Compétences Canada lance officiellement les Olympiades canadiennes des métiers et des technologies 2026, à Toronto

Skills/Compétences Canada officially launched the 2026 Canadian Olympiads for Skilled Trades and Technologies in Toronto on May 27, 2026. Over 500 competitors from across Canada are competing in more than 40 specialized trade and technology fields at the Enercare Centre. The two-day event features interactive activities and aims to encourage youth to pursue careers in skilled trades, addressing a projected shortage of 700,000 skilled workers by the end of the decade.

05/27/2026, 9:28 PMGlobeNewswire

Skills/Compétences Canada Officially Launches the Skills Canada National Competition 2026, in Toronto

Skills Canada launched its National Competition 2026 in Toronto on May 27, featuring over 500 competitors across 40+ skilled trade and technology categories. The two-day event at Enercare Centre aims to inspire youth to pursue careers in skilled trades, addressing a projected shortage of 700,000 tradespeople by decade's end as current workers retire.

05/27/2026, 9:28 PMGlobeNewswire

Aduro nomme un expert chevronné du secteur pour accélérer le développement de ses applications pétrolières

Aduro Clean Technologies has appointed Scott Smith, a former innovation leader at Cenovus Energy with 25+ years of experience, as Director of Petroleum Technology Solutions. Smith will lead the development of the company's Hydrochemolytic™ (HCT) technology applications for bitumen and paraffinic crude oil valorization. The appointment follows recent technical advances that extended HCT technology beyond bitumen to paraffinic and waxy crude oils, positioning the company to evaluate new commercial and industrial applications.

05/08/2026, 2:31 AMGlobeNewswire

Aduro ernennt Branchenveteran zur Förderung von Anwendungen im Erdölbereich

Aduro Clean Technologies has appointed Scott Smith, former innovation leader at Cenovus Energy with 25+ years of experience, as Program Director for Petroleum Technology Solutions. Smith will lead the development of the company's Hydrochemolytic™ technology applications for bitumen and paraffinic crude oil processing. The appointment follows successful lab research demonstrating HCT's applicability beyond bitumen to paraffinic and waxy crude oils, marking an expansion of Aduro's petroleum operations.

05/08/2026, 2:31 AMGlobeNewswire

Why US Energy Stocks and Gold Could Be the Biggest Winners Ahead

Following Middle East hostilities, a significant oil price divergence has emerged between Western benchmarks and Middle Eastern markets, with Oman crude hitting record $173/barrel. While the U.S. is better insulated due to strong domestic production and strategic reserves, Europe faces severe risks with natural gas storage at five-year lows. The article identifies U.S. energy stocks and gold as primary investment opportunities, with energy producers benefiting from higher oil prices and gold positioned to benefit from fiscal pressures and stagflation risks.

03/25/2026, 3:32 PMInvesting

Goldman Sachs Raises Oil Price Forecasts – Picks 7 Winners Among Energy Stocks

Goldman Sachs upgraded its oil price forecasts following the Strait of Hormuz closure, expecting Brent crude to average $80-$100/barrel in 2026 and $75/barrel in 2027. The bank identified seven energy stocks as winners, with Permian-focused E&Ps and major oil companies positioned to benefit from higher oil prices and strong cash flow generation through major projects.

03/23/2026, 3:55 PMBenzinga

Dividend Select Corp. Declares Monthly Dividend

Dividend Select 15 Corp. announced its monthly distribution of $0.06133 per Equity share, payable March 10, 2026 to shareholders of record as of February 27, 2026. The distribution is based on a 10% annualized yield calculated using the volume-weighted average market price (VWAP) of $7.36 over the last three trading days of February. Since inception, shareholders have received cumulative distributions of $11.57 per share.

02/19/2026, 9:00 AMGlobeNewswire

BD&P dominates Canada’s upstream energy M&A transactions in 2025

Law firm Burnet, Duckworth & Palmer LLP (BD&P) advised on eight of the 10 largest upstream energy transactions in Canada in 2025, including Whitecap Resources' $15 billion acquisition of Veren Energy and Cenovus Energy's $8.6 billion acquisition of MEG Energy, cementing its position as a leader in complex energy M&A deals.

02/04/2026, 9:00 AMGlobeNewswire

Cenovus announces 2026 capital budget and corporate guidance

Cenovus Energy announced its 2026 capital budget of $5.0-5.3 billion, targeting upstream production growth of 4% and maintaining a focus on cost control, debt reduction, and shareholder returns following the MEG Energy acquisition.

12/11/2025, 6:00 AMGlobeNewswire

Cenovus Energy announces $2.6 billion offering of senior notes

Cenovus Energy has priced a $2.6 billion offering of senior unsecured notes across Canadian and U.S. dollar denominations, with varying coupon rates and maturities. The proceeds will be used to redeem existing notes and for general corporate purposes.

11/18/2025, 8:50 PMGlobeNewswire

Cenovus announces closing of MEG Energy acquisition

Cenovus Energy completed its acquisition of MEG Energy Corp., adding approximately 110,000 barrels per day of low-cost, long-life oil sands production to its portfolio for a total consideration of $4.19 billion.

11/13/2025, 10:22 AMBenzinga

Cenovus Energy announces renewal of share buyback program

Cenovus Energy has received TSX approval to renew its share buyback program, allowing purchase of up to 120,250,990 common shares over the next 12 months, consistent with its capital allocation strategy.

11/07/2025, 6:00 AMGlobeNewswire

Cenovus announces third-quarter 2025 results

Cenovus Energy reported record upstream production of 832,900 BOE/d and downstream crude throughput of 710,700 bbls/d in Q3 2025. The company generated $2.1 billion in cash from operating activities and announced an amended agreement to acquire MEG Energy, with the transaction expected to close in mid-November.

10/31/2025, 6:00 AMGlobeNewswire

Peers

Statistics

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Day Range
$25.04
$25.72
$25.67
1-Year Range
$13.60
$31.80
$25.67
Latest Close$25.67
Change
+$0.51 (+1.99%)
Volume6,529,414
Market Cap$48.0B
Shares Outstanding1.9B
P/E (TTM)11.94
Diluted EPS (TTM)$2.15
Enterprise Value$45.3B

Information as of 06/22/2026

Company Profile

CENOVUS ENERGY INC
CENOVUS ENERGY INC
https://www.cenovus.com
$48.0B
Market Cap
$3.9B
Net Income
Sector: Energy
Industry: Oil & Gas Integrated
4100, 225 ? 6 Avenue SW, Calgary, AB, Canada, T2P 0M5
403 766 2000

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.

Key Executives

  • Jonathan McKenzie
  • Andrew Dahlin
  • Kam S. Sandhar
  • John F. Soini
  • Jeffery G. Lawson

Current Ownership Distribution

  • Institutions17.0B (82.99%)
  • Mutual Funds3.5B (17.01%)
  • Insiders0 (0.00%)
  • Other0 (0.00%)