Cenovus Energy Inc.

Cenovus Energy Inc.

CVE
Cenovus Energy Inc.US flagNew York Stock Exchange
31.28
USD
+0.20
- -
57.69BMarket Cap
Cenovus Energy Inc.
CVE
(New York Stock Exchange)

Recent

price

31.28

P/E

ratio

- -

div

yld

- -

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
FRC
17.41
21.47
22.8
25.13
26.56
14.12
13.22
15.7
17.41
17.67
11.32
24.21
36.78
29.27
31.2
29.15
32.44
Revenue per Share
1.44
1.96
1.32
0.88
0.98
0.75
-0.65
3.05
-2.17
1.79
-1.94
0.27
3.29
2.15
1.68
2.16
3.62
Basic EPS, GAAP
3.45
1.34
4.53
4.68
4.66
1.8
1.03
2.77
1.75
2.67
0.22
2.94
5.82
3.9
4.99
4.55
6.73
Free Cash Flow per Basic Share
0.8
0.8
0.88
0.97
1.06
0.64
0.2
0.2
0.2
0.21
0.06
0.1
0.48
0.54
0.84
0.79
0.83
Dividend per Share
13.32
12.44
12.94
13.16
13.45
14.87
13.91
16.26
14.22
15.63
13.6
11.53
14.17
15.05
16.13
16.73
18.49
Book Value per Share
11.79
10.94
11.96
12.18
13.13
14.58
13.62
14.41
12.36
13.69
11.67
9.76
12.63
13.49
14.52
15.17
16.92
Tangible Book Value per Share
752
754
756
756
757
819
833
1,102
1,229
1,229
1,229
2,016
1,951
1,895
1,850
1,810
1,836
Basic Weighted Avg Shares
13,090
16,185
17,229
18,993
20,107
11,559
11,015
17,314
21,389
21,715
13,914
48,811
71,765
55,474
57,726
52,751
59,560
Sales/Revenue/Turnover
8.82
13.62
12.18
10.69
8.42
-3.14
-2.01
1.4
-5.8
8.38
-19.17
7.22
14.42
10.13
8.77
8.77
15.6
Operating Margin (%)
1,302
1,295
1,585
1,833
1,946
2,114
1,498
2,030
2,131
2,249
3,464
4,322
4,679
4,644
4,871
5,192
5,650
Depreciation Expense
1,081
1,478
995
662
744
618
-545
3,366
-2,669
2,194
-2,379
587
6,450
4,109
3,142
3,930
6,660
Net Income, GAAP
17.1
33.03
44.04
39.49
37.74
- -
- -
- -
- -
- -
- -
55.36
26.13
18.47
22.82
12.22
20.31
Effective Tax Rate (%)
8.26
9.13
5.78
3.49
3.7
5.35
-4.95
19.44
-12.48
10.1
-17.1
1.2
8.99
7.41
5.44
7.45
11.18
Profit Margin (%)
290
523
1,309
1,831
1,238
4,615
4,151
572
595
763
617
4,683
4,409
3,498
3,072
3,576
4,622
Working Capital
5,608
3,527
4,679
4,997
5,458
6,525
6,332
9,513
8,482
8,419
9,014
15,070
11,219
9,467
9,910
13,838
11,248
LT Debt
10,022
9,384
9,782
9,946
10,186
12,391
11,590
19,981
17,468
19,201
16,707
23,608
27,589
28,712
29,769
31,638
34,214
Total Equity
6.04
10.18
8.41
8.22
6.75
- -
- -
- -
- -
- -
- -
4.82
19.2
11.58
9.82
9.36
17.06
Return on Invested Capital (%)
9.31
12.36
9.04
6.56
6.6
- -
- -
- -
- -
- -
- -
3.24
18.02
12.06
9.22
10.46
16.93
Return on Capital (%)
11.01
15.23
10.38
6.71
7.39
5.47
-4.55
21.32
-14.25
11.97
-13.25
2.78
25.59
14.75
10.79
12.86
20.96
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
369
374
383
LT Borrowings
11,032
10,633
8,558
LT Finance Leases
2,806
2,745
2,690
Preferred Equity and Hybrid Capital
113
- -
- -
Shares Outstanding
1,883
1,872
1,850
Market Capitalization
43,762
69,063
65,132

Working Capital

FRC

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
9,890
11,477
11,976
Cash, Cash Equivalents & STI
2,740
2,575
3,170
Accounts Receivable, Net
3,046
4,734
4,411
Inventories
3,349
4,127
4,359
Total Current Liabilities
6,314
7,330
7,354
Payables & Accruals
5,756
6,956
6,971
ST Debt
369
374
383
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
12.25%
14.44%
6.28%
Free Cash Flow
228.4%
427.82%
-10.9%
Net Income, GAAP
-63.63%
167.88%
25.08%
Sales/Revenue/Turnover
31.22%
54.11%
-8.62%
Total Cash Common Dividend
50.49%
118.67%
-6.07%

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
13,810
15,441
13,819
15,195
57,726
2025
14,205
12,940
13,195
13,938
52,751
2026
13,339
19,088
- -
- -
- -

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.62
0.53
0.44
0.08
1.68
2025
0.47
0.47
0.72
0.51
2.16
2026
0.84
1.54
- -
- -
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.15
0.32
0.18
0.19
0.84
2025
0.18
0.2
0.2
0.21
0.79
2026
0.2
0.22
- -
- -
- -
Business
Cenovus Energy Inc. is a Canadian-based integrated energy company that develops, produces, refines, transports and markets crude oil, natural gas, natural gas liquids and refined petroleum products. Headquartered in Calgary, Alberta and founded in 2009, the company operates across Canada, the United States and the Asia Pacific region; its upstream activities encompass oil sands projects in northern Alberta utilizing steam-assisted gravity drainage technology, thermal and conventional crude oil and natural gas projects in Western Canada, crude oil production offshore Newfoundland and Labrador, and natural gas and natural gas liquids production offshore China and Indonesia, while its downstream segment includes upgrading, refining and marketing operations in Canada and the United States producing gasoline, diesel, jet fuel and other refined products. Cenovus Energy serves industrial, commercial and consumer markets through its vertically integrated model spanning exploration, production, refining and marketing. In November 2025, Cenovus completed its acquisition of MEG Energy Corp., adding approximately 110,000 barrels per day of low-cost, long-life oil sands production from adjacent Christina Lake assets and generating expected annual synergies exceeding $400 million by 2028 through operational and commercial efficiencies. The company also entered a voting support agreement with Strathcona Resources Ltd. in October 2025 related to the MEG transaction and sold certain thermal assets including the Vawn thermal project for initial consideration of $75 million plus contingent payments. Cenovus maintains segments in Upstream including Oil Sands, Conventional and Offshore; Downstream covering Canadian and U.S. Manufacturing; and Corporate and Eliminations, with its shares listed on the Toronto Stock Exchange and New York Stock Exchange under the ticker CVE.

Company News

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