Cenovus Energy Inc. (CVE)
POSITIVEPrice
$28.27
Market Cap
$52.72B
Fundamental
75
Technical
75
Composite
75
AI Analysis
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Overview
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.
Balance Sheet & Liquidity
Revenue
$49.70B
Net Income
$3.93B
Free Cash Flow
$3.67B
Total Equity
$23.15B
Total Liabilities
$13.75B
Current Ratio
1.57
Interest Coverage
-
Debt/EBITDA
1.29
Earnings Per Share
Revenue & Net Income
Free Cash Flow
Income Breakdown
Fair Value Estimation
Fairly ValuedFair Value
$36.25
Current Price
$28.27
Margin of Safety
+22.0%
Fair Value Range
$24.44 - $48.07
Estimation Methods
Valuation Metrics
P/E Ratio
15.71
ROE
14.8%
P/B Ratio
2.28
P/FCF
14.37
Gross Margin
24.9%
ROIC
19.3%
Value Creation (Economic Moat)
ROIC
19.3%
WACC
6.8%
ROIC − WACC
+12.6 pp
ROIC exceeds the cost of capital — the company is creating value for shareholders.
Fundamental Analysis Criteria
Passed (14)
- Price CAGR 6.45%
- ROIC 19.3%
- P/FCF 14.37
- P/B Ratio 2.28
- Debt/Equity ratio
- Positive Free Cash Flow
- Current Ratio
- Debt/EBITDA
- ROE 15.2%
- Revenue Growth 5Y 30.3%
- Analyst Consensus 85% Buy
- Earnings Surprise avg 64.8%
- Earnings Quality (OCF/NI) 2.31
- Net Margin Trend 7.9% vs 5.8%
Failed (4)
- Gross Margin 24.9%
- CapEx intensity
- DCF valuation (Fairly valued)
- Piotroski F-Score 2/9
Unavailable (9)
- EPS data insufficient
- Dividend Payout NaN%
- Operating Margin NaN%
- Interest Coverage
- Return on Tangible Assets
- Low reliance on intangibles
- Price below Graham Number
- PEG Ratio (need PE > 0 and growth > 0)
- Share Dilution (missing shares data)
Price Chart
Technical Indicators
RSI (14)
47.55
SMA 50
$28.13
SMA 200
$21.26
MACD
-0.20
Volatility
2.3%
Momentum (12m)
96.0%
RSI 47.5, SMA trend bullish, momentum 96.0%.
Piotroski F-Score
Serious financial concerns
Earnings Quality
High quality: earnings backed by cash
Share Dilution
Buying back shares. Shareholder friendly
Governance
Executive Team
| Name | Title | Age |
|---|---|---|
| Mr. Jonathan M. McKenzie CA | President, CEO & Non-Independent Director | 57 |
| Mr. Kam S. Sandhar CA | Executive VP & CFO | - |
| Mr. P. Andrew Dahlin | Executive VP & COO | - |
| Mr. Jeffery G. Lawson LLB | Executive VP of Corporate Development & Chief Sustainability Officer | 56 |
| Mr. John F. Soini | Executive Vice-President of Upstream Thermal & Atlantic Offshore | - |
| Ms. Susan M. Anderson | Senior Vice-President of Legal, General Counsel & Corporate Secretary | - |
| Mr. Geoffrey T. Murray | Executive Vice-President of Commercial | - |
| Logan Popko | Senior Vice-President of Corporate & Operations Services, | - |
| Mr. Eric Zimpfer | Head of Downstream | - |
| Ms. Candace Newman | Senior Vice-President of Corporate Services | - |
Audit Risk
2
Board Risk
8
Compensation Risk
1
Shareholder Rights Risk
1
Latest News
Recent headlines for CVE, sourced from Markets Gazette.
- 5/6/2026NEUTRALCenovus Energy Q1 2026 Earnings Call: Complete Transcript
Cenovus Energy Inc. has released the complete transcript for its Q1 2026 Earnings Call. While the transcript provides detailed insights into the company's performance, strategic initiatives, and outlook for the upcoming quarters, it does not contain specific forward-looking financial figures or immediate performance indicators that would suggest a distinct positive or negative market reaction. Investors should review the transcript for a comprehensive understanding of the company's operational status and future plans.
- 5/6/2026NEGATIVECanada’s Carbon Tax Hinders Pipeline Plans, Cenovus CEO Says
Cenovus Energy CEO Alex Pourbaix stated that Alberta's proposed west coast oil pipeline project is being hindered by Canada's current climate policies. He emphasized the need for a policy shift towards promoting oil production from new projects to facilitate such infrastructure development. This suggests that stringent climate regulations are creating significant headwinds for major energy projects, potentially impacting future production and revenue for companies like Cenovus. Investors should monitor policy changes and their direct effect on project approvals and operational expansion.
via Markets Gazette