profit from every $100 of sales.
$0$100
Cenovus Energy
$27.67+0.29% today
+54.9% in 1 year
1-year low $15.851-year high $33.92
Trading in the middle of its range for the past year.
The essentials
Four questions every investor asks, answered in one line each.
more sales each year, on average, 2022 to 2025.
0%20% a year
You pay $18.05 for every $1 of profit it makes in a year.
CheapExpensive
of earnings would pay off all its debt.
No debt5 years
Money in, money out
What Cenovus Energy sold, what it kept, and what it did with the cash.
Sales went from CA$71.8 billion in 2022 to CA$52.8 billion in 2025, with CA$3.93 billion of profit last year.
SalesProfit
Cenovus Energy handed back more cash to shareholders than it generated last year.
Buybacks CA$2.5BCA$1.4B
Free cash flow 2025CA$3.3B
Bought back its own sharesCA$2.5B
Paid as dividendsCA$1.4B
Cash vs. debtCA$2.7B vs. CA$14.2B
Cenovus Energy vs. similar companies
Cenovus Energy grows the slowest of these 5 and is priced in the middle for its profits.
| Company | Profit from $100 of sales | Sales growth a year | Price per $1 of profit |
|---|---|---|---|
| Cenovus Energy | 18.1× · Fair price | ||
 Saudi Arabian Oil | 17.8× · Fair price | ||
 Exxon Mobil | 23.3× · Fair price | ||
 Chevron | 33.5× · Expensive | ||
 PetroChina | 13.8× · Cheap |
AI analysis
An AI analyst reads Cenovus Energy's last five years, its segments, earnings, insiders and peers, and writes the bull case, the bear case and what the price expects.
Run the AI analysisFull statementsIncome, balance sheet and cash flow, year by year
Income statement
| In millions of CAD | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| 71,765 | 55,474 | 57,726 | 52,751 | |
| 17,134 | 12,704 | 12,765 | 11,816 | |
| 10,352 | 5,622 | 5,061 | 4,627 | |
| 14,222 | 10,407 | 9,591 | 10,330 | |
| 6,450 | 4,109 | 3,142 | 3,930 | |
| 3.20 | 2.12 | 1.67 | 2.15 | |
| 23.9% | 22.9% | 22.1% | 22.4% | |
| 14.4% | 10.1% | 8.8% | 8.8% | |
| 9.0% | 7.4% | 5.4% | 7.5% |
Balance sheet
| In millions of CAD | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Total assets | 55,869 | 53,915 | 56,539 | 63,424 |
| Cash | 4,524 | 2,227 | 3,093 | 2,740 |
| Total debt | 11,642 | 9,945 | 10,634 | 14,207 |
| Total liabilities | 28,280 | 25,203 | 26,770 | 31,786 |
| 27,576 | 28,698 | 29,754 | 31,622 | |
| 2,006 | 1,925 | 1,863 | 1,820 | |
| 19.2% | 11.8% | 9.2% | 8.9% | |
| 23.4% | 14.3% | 10.6% | 12.4% |
Cash flow
| In millions of CAD | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| 11,403 | 7,388 | 9,235 | 8,228 | |
| 3,758 | 4,298 | 5,015 | 4,907 | |
| 7,645 | 3,090 | 4,220 | 3,321 | |
| Dividends paid | 927 | 1,026 | 1,551 | 1,437 |
| 2,530 | 1,061 | 1,738 | 2,500 | |
| – | -12 | -145 | 163 |
Valuation
- 18.1×
- 7.2×
- –
- 2.3×
- 1.3×
- 21.4×
- 8.0×
- 4.7%
- 5.5%
- 2.0%
Profitability
- 22.4%
- 8.8%
- 7.5%
- 23.4%
- 9.1%
- 12.6%
- 15.2%
- 7.2%
- 11.9%
- –
Growth
- −9.8%
- −12.4%
- −19.3%
- +65.7%
- −3.2%
Financial health
- 1.1×
- 0.45
- 21.2%
- 7.8×
- 1.57
- 1.00
- 0.75
How it ranks in Energy
Each dot is where the company stands among every company over $300M in the sector. Further right is better.
Top 39%of 464
Bottom 37%of 463
Bottom 47%of 384
Bottom 22%of 457
Bottom 47%of 456
What analysts expect
- Average price target
- $27.67
- Range
- $22.00 – $32.00
These targets were collected on May 20, 2026 and our analyst feed has not updated since, so we no longer compare them with today's price.
Recent earnings
Our results feed has not updated since May 21, 2026. Results reported after that are not in this table yet.
| Date | EPS | Expected | Surprise |
|---|---|---|---|
| May 6, 2026 | 0.61 | 0.56 | +8.9% |
| Feb 19, 2026 | 0.36 | 0.28 | +28.6% |
| Oct 31, 2025 | 0.52 | 0.40 | +30.0% |
| Jul 31, 2025 | 0.33 | 0.14 | +135.7% |
| May 8, 2025 | 0.32 | 0.29 | +10.3% |
| Oct 31, 2024 | 0.31 | 0.34 | −8.8% |
| Aug 1, 2024 | 0.39 | 0.52 | −25.0% |
| May 1, 2024 | 0.46 | 0.35 | +31.4% |
2.0%of the share price, paid each year
On $1,000 invested$20a year at today's yield, before tax
+65.7%2020 to 2025
Raised–not every year
Paid per share, each year
$0.67 in 2015 → $0.56 in 2025
How safe it looks
36.6% of its profit
Room to growStretchedMore than it earns: 43.3%
News
Cenovus says widest Canadian crude discount since 2018 temporary, will not change production plansSeeking Alpha · Nov 4, 2026Insider trades
Our insider feed has not updated since May 26, 2026. Trades filed after that are not listed yet.
No insider trades on file.
The seven classic investing rulebooks
1/7Passes 1 of 7. Each bar is how well the company fits that investor's published rules, from 0 to 100; 60 or more counts as a pass.
Warren Buffett
50No pass
Benjamin Graham
61Pass
Philip Fisher
40No pass
Peter Lynch
21No pass
Joel Greenblatt
33No pass
Charlie Munger
43No pass
Terry Smith
33No pass
Questions about Cenovus Energy
Is Cenovus Energy a good stock to buy?
A business with weak numbers at a fair price. 1 of the 7 famous investors' published rulebooks we apply pass it. Whether it suits you depends on your goals and the price you pay; invest-like never tells anyone to buy or sell. The AI analysis lays out the case for and against. Read the Cenovus Energy AI analysis
What does Cenovus Energy do?
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. It is in Oil & Gas Integrated, based in Calgary, AB, Canada, with 7,211 employees.
Does Cenovus Energy pay a dividend?
Yes. At today's price the dividend is 2.0% a year, about 37% of its yearly profit. In 2025 it paid out $1.44 billion in dividends.
Is Cenovus Energy stock halal?
Yes. Cenovus Energy passes our halal screen: its business is permitted and its debt is 20% of its market value, under the 30% limit. How we check
How has Cenovus Energy stock done over the past year?
Up 54.9% over the past twelve months, to $27.67. It traded between $15.85 and $33.92 and is 18.4% below its high.
Who are Cenovus Energy's competitors?
The largest listed companies in the same industry are Saudi Arabian Oil, Exxon Mobil, Chevron and PetroChina. The peers table on this page compares their profit, growth and price with Cenovus Energy's.
Prices: daily closes to Nov 10, 2026. Fundamentals: company reports via invest-like data.