Educational research only—not investment advice or a recommendation. Scores and estimates may use delayed, incomplete, restated, or corrected market and filing data. Independently verify information before making an investment decision.

Cenovus Energy Inc.

CVENYSE
Wall Street Score · overall investment45/100
$31.39USD$-0.10 (-0.30%)
Company website www.cenovus.com
Headquarters4100, 225 – 6 Avenue SW, Calgary, AB, T2P 0M5, CA
Financial statement currencyCAD · converted to USD at 0.703595
Energy · Oil & Gas Integrated
Price updated todayFinancials updated Oct 1, 2026

CVE · Price history

Price at last available close

$31.39

−$1.95 (-5.85%) 1M

2026-10-09

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Company & revenue

About Cenovus Energy Inc.

Who they are

Cenovus Energy Inc. is an integrated energy firm involved in the exploration, extraction, processing, and sale of crude oil, natural gas liquids, and natural gas. Its operations span Canada, the United States, and the Asia Pacific region. The company organizes its extensive activities across six core segments: Oil Sands, Conventional, Offshore, Canadian Manufacturing, U.

Detailed revenue, brand and relationship research has not yet been completed for CVE.

Wall Street Score

Overall investment score · Quality, value, risk and opportunity

45

Weak

PoorElite

View category scores →

Company Quality

How good is the actual business—regardless of today’s stock price?

63

Fair

Financial Strength

49

Business Quality / Moat

54

Management

93

Growth Quality

51

Risk / Durability

86

Weak Company · Expensive Stock

Uses financial strength, moat, management, growth quality and durability. It excludes share price, P/E, market cap, intrinsic value and margin of safety.

Opportunity

Opportunity Score · How does the current price compare with estimated value?

38

Avoid

Based on current valuation, company quality, recent trends, and available market signals.

View score details →

Model Outlook

12-month model · What does the model think happens next?

46/100

Building Historical Record

Model Score 46/100 — estimates relative performance potential, distinct from the overall Wall Street Score and the separate Company Quality score.

Probability unavailable — the model has not produced a calibrated probability yet.

Click for full breakdown →

WSS View

The quick read

The overall Wall Street Score is low across its combined quality, valuation and risk inputs. This can reflect an expensive share price, business weaknesses, or both; check Company Quality and the category breakdown before drawing a conclusion.

At today’s price, the WSS valuation framework currently reads as less attractive based on the available valuation and market data.

The model outlook is currently cautious.

What we like
  • •Recent buyback activity is present
What to watch
  • •Valuation is a weaker part of the current profile
  • •Revenue fundamentals are weak
  • •Debt / balance-sheet profile needs attention

Company-specific research

Questions worth answering for CVE

Research inputs 100% complete

These questions are generated from this company's current financial and score data so the page adds context instead of treating the headline score as a stand-alone conclusion.

  • •Can CVE maintain its current revenue growth rate and improve the amount of that revenue that turns into earnings and cash?
  • •Is CVE's positive free cash flow repeatable, or is the current level being helped by temporary working-capital or spending changes?
  • •Is CVE's debt load manageable relative to cash generation, interest costs and upcoming maturities?
  • •What future growth or profitability would be needed to justify CVE's current valuation?
Business analysis: 38 days ago · Fresh

Essential Investment Snapshot

Wall Street Score

45

0–100 · Weak

Opportunity Score

38

0–100 · Weak

Market Cap

$57.89B

P/E Ratio

12.2

EPS

$2.55

52-Week High

$34.16

52-Week Low

$11.60

Beta

0.50

Intrinsic Value

$21.65

Analyst Target

$36.00

Shares Outstanding

1.82B

Total Revenue

$37.92B

Total Debt

$8.19B

Dividend

No current dividend

View dividend history

Liquidation Value / Share

$13.23

Estimated net asset value per share

Momentum & Volatility Signals

Two different market-behavior signals. Momentum measures direction and trend strength. Volatility measures how large and unstable the price moves are, regardless of direction.

0–100 market signals
Momentum
46/ 100
-14 pts / 5d

Neutral / mixed momentum

5D -3.1% · 20D -5.2% · RSI 48 · Price vs 20D avg -1.1%
Volatility
22/ 100
+4 pts / 5d

Low movement

20D realized vol 29.6% · 60D 34.1% · Acceleration 0.87x
Momentum = Where is it going?

A high momentum score means price has been trending upward with confirming short- and medium-term strength. A low score means downward or weakening momentum.

Volatility = How violently is it moving?

A high volatility score means larger, less stable price swings. It can happen while a stock is rising or falling, so high volatility is not automatically bullish or bearish.

Important: the volatility score above is based on realized price volatility. Implied volatility (IV) comes from options prices and represents the market's expected future movement. Wall Street Score will keep IV separate and will only display it when a verified options-chain feed is available.

Notices for CVE

Detected from reported data — verify before acting.

Historical repurchase activity

Reported cash flows or share-count measures indicate past repurchase activity. This does not verify an active buyback authorization or future purchases.

Community Sentiment

0 active · 0 total calls
0% Bullish (0) 0% Bearish (0)

No personal call yet on CVE.

Potential upside factors

  • +Positive free cash flow may provide capacity to invest in growth.

Potential downside factors

No strong bearish data point is currently available.

These research factors come from saved company research and financial data, not community votes. They are starting points to verify against filings, not buy or sell recommendations.

Create a free account to make a call.

Scores

Click any score for full breakdown
Wall Street Score
Weak45/ 100
Weak (0–50)Fair (51–71)Strong (72+)

Weak

45

Tap for breakdown →

Weak

42

Debt Cost2.7%
Debt Reduction YoY-59.9%
Debt / Equity0.54x

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Poor

28

Revenue YoY8.5%
Revenue CAGR-5.4%
Net Margin12.4%

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Fair

53

Asset Growth YoY12.1%
Liquidation/Share$13.23
Net Assets/MCap0.66x

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Strong

71

Earnings Yield8.2%
Buyback Yield2.3%
Debt Cost2.7%

Tap for breakdown →

Elite

93

ROIC9.0%
ROE19.5%
ROA10.2%

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Fair

54

EPS Growth9.1%
FCF/Share Growth-7.2%
Rev/Share Growth2.4%

Tap for breakdown →

Poor

26

Intrinsic Value$21.65
Value Reference$12.99
MOS-0.4%

Tap for breakdown →

Weak

49

Revenue28
Moat54
Valuation26

Tap for breakdown →

Poor

0

MOS %-0.4%
Value Reference$12.99
Deep Discount Reference$8.66

Tap for breakdown →

Weak

45

Interest Coverage9.4x
ROIC9.0%
FCF Yield4.2%

Tap for breakdown →

Fair

53

Financial45
Valuation26
Debt42

Tap for breakdown →

Strong

73

Survival Years5.5 yrs
Current Ratio1.57x
FCF Margin0.1%

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Score Changes

6 historical score records available

Previous Score

45

Sep 17, 2026

Change

+0.2

points

Current Score

45

Oct 1, 2026

Category Changes

Revenue+0.4
Debt0
Assets+0.6
Capital+1.0
Management0
Moat+0.7
Valuation0
Buffett+0.3

CVE increased 0.2 points because overall fundamentals improved.

Projected Score

Projected Score

55

Projected Change

+10.0%

Preliminary comparable-period financial changes suggest improvement of approximately 10.0 points. This is a projected estimate, not the official WallStreetScore.

Price vs. Value

Overvalued

Current Price

$31.39

Model Intrinsic Value

$21.65

Difference

+$9.74

+45.0% vs IV

Margin of Safety

-45.0%

UndervaluedFair ValueOvervalued
Value Reference: $12.99
Deep Discount Reference: $8.66

Financial Charts

Revenue

201420152016201720182019202020212022202320242025$0$15.0B$30.0B$45.0B$60.0B

Additional Metrics

Operating Cash Flow

201520172019202120232025$0$2.5B$5.0B$7.5B$10.0B

Total Debt

201520172019202120232025$0$3.0B$6.0B$9.0B$12.0B

Total Assets

201520172019202120232025$0$15.0B$30.0B$45.0B$60.0B

Net Margin %

No data
Monetary values in USD. Share counts in raw units.

Free includes 3 annual periods plus available TTM; Premium includes up to 10 annual periods. History depends on available company filings. Swipe the table horizontally to see older periods. A dash means unavailable, not zero.

Line ItemTTM2025202420232022202120202019201820172016
Revenue$37.92B$34.94B$40.62B$39.03B····························
Cost of Revenue$29.81B$31.28B$31.63B$30.09B····························
Gross Profit$8.11B$3.65B$8.98B$8.94B····························
Research & Development$0.00$0.00$0.00$0.00····························
SG&A Expenses$769.0M$570.9M$558.7M$484.1M····························
Operating Expenses$769.0M$570.9M$5.42B$4.98B····························
EBITDA$10.48B$7.30B$6.75B$7.32B····························
Operating Income$7.34B$3.08B$3.56B$3.96B····························
Interest Expense$346.4M$328.3M$456.6M$508.7M····························
Income Before Tax$5.88B$3.15B$2.86B$3.55B····························
Income Tax Expense$1.20B$384.6M$653.6M$655.0M····························
Net Income$4.69B$2.76B$2.21B$2.89B····························
Basic EPS$2.55$1.53$1.18$1.49····························
Basic Shares1.86B1.81B1.85B1.90B····························
Diluted Shares1.87B1.82B1.86B1.93B····························
Upgrade to Premium for up to 10 annual periods, where available.
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Earnings Summary

Estimated earnings date:Oct 30, 2026
Estimated EPS: $0.90Estimated revenue: $11.02B

Earnings analysis is not currently available.

Earnings data: — · No activity

Insider Activity

Guru / Smart Money

Guru Score

30

Smart Money

30

Number of Gurus

1

Total Guru Value

Avg Portfolio Weight

Largest Holder

Largest Holder %

New Positions

Increased Positions

Reduced Positions

Exited Positions

Net Guru Sentiment

Short Interest

Government disclosed trading activity is available on the Smart Money directory. Filings may be delayed and may not represent complete current holdings.

Dividend History

Dividend data is not available yet. Missing data does not mean this company pays no dividend.

Conservative Projected Values

3 Years

$———.——

Premium

5 Years

$———.——

Premium

10 Years

$———.——

Premium

Conservative Projection Rate

——%

Premium

Conservative Projected Values — price projections derived from actual 10-year adjusted historical returns, conservatively adjusted and capped at 8% annually. These are distinct from the Outperformance Model Score and WallStreetScore.

Conservative Projected Values

Premium unlocks the 3-year, 5-year, and 10-year conservative projected values with full calculation breakdowns based on actual historical returns.

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Historical Outperformance Record

Premium unlocks the full historical outperformance record: completed predictions, results chart, win rate, and calibration statistics.

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Historical Trends

6 historical records
Jul 23, 26Aug 12, 26Sep 3, 26Sep 5, 26Sep 17, 26Oct 1, 260255075100

Historical Score Chart

3 of 6 records shown
3 historical score records are shown. Start your seven-day free trial to unlock 3 more records and the complete score history.Start Free Trial

Wall Street Score

Sep 5, 26Sep 17, 26Oct 1, 260255075100

Debt Score

Sep 5, 26Sep 17, 26Oct 1, 260255075100

Revenue Score

Sep 5, 26Sep 17, 26Oct 1, 260255075100

Asset Score

Sep 5, 26Sep 17, 26Oct 1, 260255075100

Capital Score

Sep 5, 26Sep 17, 26Oct 1, 260255075100

Management Score

Sep 5, 26Sep 17, 26Oct 1, 260255075100

Moat Score

Sep 5, 26Sep 17, 26Oct 1, 260255075100

Valuation Score

Sep 5, 26Sep 17, 26Oct 1, 260255075100

Buffett Score

Sep 5, 26Sep 17, 26Oct 1, 260255075100

Intrinsic Value

Sep 5, 26Sep 17, 26Oct 1, 26$21.60$21.80$22.00$22.20$22.40

Value Reference

Sep 5, 26Sep 17, 26Oct 1, 26$12.98$13.09$13.20$13.31$13.42

Margin of Safety %

Sep 5, 26Sep 17, 26Oct 1, 26-0.5%-0.5%-0.5%-0.4%-0.4%

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