Cenovus Energy Inc
Cenovus Energy Inc (CVE) is listed on NYSE and classified in Oil & Gas Integrated, part of the Energy sector. It is headquartered in Calgary, Canada and has 7,211 employees. The company is worth $59.03B and trades at 12.3x its earnings of the last twelve months; the median for its sector is 14.7x. Revenue was CA$52.75B in fiscal 2025, down 8.6% from the year before. Net income was CA$3.93B. The share price is 6.3% below its 52-week high of $34.16. It pays a dividend yielding 1.94%. 8 of the 38 superinvestors we track held it at the end of Q2 2026. The largest position belongs to Cliff Asness (AQR Capital Management), at $171.85M. In that quarter, 5 of them opened or added to the position and 2 reduced it. No open-market insider trades in it were filed over the last 30 days.
Written from the data on this page: SEC filings (13F, Form 4, annual reports) and market prices.
Year by year, from the annual reports; dividends from the payments themselves.
Revenue, debt and profit are in CAD, the currency the company reports in — not converted to dollars. Dividends are in dollars.
Bars are year-end balances; lines are what happened during the year.
Major managers that reported this stock in their latest 13F.
▲ +177.7% over 5Y.
today you would have $3,078.96▲ +207.9%
Dividends reinvested, splits accounted for. Past prices say what happened, not what will.
The last 4 closed years, each at that year’s closing price and reported numbers.
| Indicator | Median | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| Year-end price | $16.92 | $15.15 | $16.65 | $19.41 | |
| EPS | CA$2.15 | CA$1.67 | CA$2.12 | CA$3.20 | |
| Dividend yield | 2.07% | 1.61% | 3.92% | 2.33% | 1.81% |
| Profit margin | 7.43% | 7.45% | 5.44% | 7.41% | 8.99% |
| ROE | 13.37% | 12.43% | 10.56% |
Seven formulas applied to the reported numbers, each with its assumption next to the result. None of them predicts a price.
Square root of 22.5 × earnings × book value. Blind to intangibles, so it undervalues software and brands.
Earnings growing 0.0% a year plus a 1.9% dividend yield. Growth capped at 25%.
Median P/E of 14.7 among peers in the sector.
This formula has no meaning here — usually a loss, negative cash flow, or a missing input.
This formula has no meaning here — usually a loss, negative cash flow, or a missing input.
This formula has no meaning here — usually a loss, negative cash flow, or a missing input.
Companies of similar size in Energy, for comparison. The columns are the same ones above, in the same order.
| Stock | Price | P/E | P/B | Dividend yield | ROE | Market cap |
|---|---|---|---|---|---|---|
| MPLXMPLX LP | $58.18 | 12.6x | 4.2x | 7.41% | 33.69% | $58.99B |
| OKEOneok Inc /new/ | $93.90 | 16.2x | 2.6x | 4.56% | 16.28% | $59.2B |
| LNGCheniere Energy, Inc. | $287.01 | 21.7x | 9.6x | 0.77% | 39.12% | $59.28B |
| TRGPTarga Resources Corp. | $289.54 |
| 14.32% |
| 23.39% |
This company reports in CAD, and the stock trades in dollars. P/E, P/S, P/B and payout would divide dollars by CAD, so they are not shown; EPS is in CAD. Margin, ROE and dividend yield do not depend on the currency.
Median of the years shown; P/E years above 200x are left out.
Dividend growing 0.0% a year against a 7.0% required return, from the stock’s beta.
The average of the method families that answered, not of the seven numbers: four of the seven start from the same earnings per share.
4 methods answered, across 2 families.
Room for errors in the reported numbers.
-56.9% from the average.
Models, not forecasts, and not investment advice. How each formula works →
| 27.7x |
| 17.0x |
| 1.73% |
| 70.84% |
| $62.09B |
| OXYOccidental Petroleum Corp | $62.50 | 17.8x | 1.9x | 1.79% | 10.63% | $62.48B |
| FANGDiamondback Energy, Inc. | $197.14 | 37.6x | 1.5x | 2.23% | 3.49% | $55.2B |