Cenovus Energy Inc (CVE) Stock

About Cenovus Energy Inc

Cenovus Energy Inc is led by CEO Jonathan McKenzie, employs 7,150 people, headquartered in Calgary, CA, publicly traded since 2009.

Cenovus Energy Inc (CVE) stock trades at $32.88 with a market capitalization of $60.64B. The stock is valued at a price-to-earnings (P/E) ratio of 12.19, price-to-book of 2.39, price-to-sales of 1.51. Over the past 52 weeks the stock has ranged between $15.63 and $34.16, and currently trades 3.7% below its 52-week high. It pays a dividend yielding 2.03%.

On profitability, Cenovus Energy Inc generates a return on equity (ROE) of 21.02%, above the typical market range of roughly 12-15%, return on capital employed of 18.04%, an operating margin of 8.82%, a net profit margin of 12.37%.

In its most recent fiscal year, Cenovus Energy Inc reported annual revenue of $49.7B, net profit of $3.9B. Revenue grew at an average annual rate of 29.0% over the last 5 fiscal years.

The balance sheet shows a debt-to-equity ratio of 0.34 (debt below half of shareholders' equity), a current ratio of 1.57, total assets of $63.4B, $2.7B in cash and equivalents.

CVE has an average daily trading volume of 7,413,930 shares, a beta of 0.50 (historically less volatile than the overall market).

Cenovus Energy Inc by the numbers, 2016–2025

Between 2016 and 2025 Cenovus Energy Inc reported revenue of $11.0B rising to $49.7B, a change of +350.8% across 10 years. Compounded, revenue has grown 29.0% a year over five years, -11.6% over three, -14.0% over the last twelve months. Net profit rose to $3.9B.

Operating margin went from -2.0% in 2016 to 8.8% in 2025, a gain of 10.8 percentage points. The most recent net margin is 12.37%. On a trailing twelve-month basis to Jun '26, revenue is $53.9B and net profit $6.7B.

Borrowings rose from $6.3B to $17.0B, cash from operations was $8.2B in the latest year, positive in 10 of the last 10.

Return on equity has averaged 12.6% over five years, and was 12.4% in the most recent year.

The share price itself has compounded at —% a year over five years, —% over three, —% over the last year. Past price movement is history, not a forecast.

Figures are as reported and in the company's own reporting currency. They describe what has already happened and carry no implication about what follows.

Cenovus Energy Inc (CVE) — frequently asked questions