Cenovus Energy Inc. (CVE) Stock Price & Analysis

Cenovus Energy Inc. (CVE) closed at USD 32.01 on Thursday, October 22, 2026, down 3.38% on the day. The US market is currently closed (pre-market); this is not a live price.

The prior close was USD 33.13; the Oct 22, 2026 session ranged USD 31.85–33.59 on volume of 7,937,027 shares. Market capitalization is $59.03B, with a 52-week range of USD 15.63–34.16 (NYQ). Source: Nexqual, retrieved October 23, 2026 at 10:01 UTC.

Also available as compact Markdown for AI agents: nexqual.com/CVE.md

Key facts (CVE)

Superinvestors (SEC 13F-HR, Q2 2026) (CVE)

1 of 80 tracked investors hold CVE. Each row is the investor's latest 13F; change is vs their prior-quarter share count.

InvestorFirm% of portfolioValueChange
Lee AinslieMaverick Capital0.01%$990KReduced -3.7%

Analysts (CVE)

Consensus Buy (mean 1.50 on a 1–5 scale), 16 analysts; mean target USD 36.55 (low 33.1, high 40).

Rating changes, last 120 days:

DateFirmActionRatingPrice target
2026-07-30RBC CapitalTarget raisedOutperform$47 → $51

Total return (dividends reinvested) (CVE)

1Y (from 2025-10-23)5Y (from 2021-10-18)
Total return+88.0%+205.6%
S&P 500 (SPY)+14.9%+80.3%
Per year+88.4%+25.0%
Volatility (annualized)35.9%40.8%
Max drawdown-23.0% (May 2026→Jul 2026)-49.1% (May 2022→Mar 2025)

Companies that name CVE in their SEC reports

Relationship to CVECompanyFilingSentence
partnerPhillips 66 (PSX)10-K Feb 20, 2026“On October 1, 2025, we acquired the remaining 50% equity interest in WRB Refining LP (WRB), a joint venture that owned the Wood River and Borger refineries, from subsidiaries of Cenovus Energy Inc. (Cenovus).”

CVE analyst estimates and revisions

PeriodEPS estimate90 days agoChangeRevenue estimateAnalysts
Current quarter (ends Sep 2026)$1.08$0.79+36.9%$16.13B2
Next quarter (ends Dec 2026)$1.30$0.71+81.4%$16.86B2
Current fiscal year (ends Dec 2026)$3.91$3.02+29.4%$63.51B4
Next fiscal year (ends Dec 2027)$3.42$2.41+41.8%$58.71B4

Key Statistics (as of October 23, 2026 at 10:01 UTC)

PriceUSD 32.01
Change▼ 3.38% (down)
Previous CloseUSD 33.13
OpenUSD 33.5
Day RangeUSD 31.85 – 33.59
52-Week RangeUSD 15.63 – 34.16
Volume7,937,027 shares
Market Cap$59.03B
ExchangeNYQ

Technical Analysis (CVE)

Nexqual's technical model rates CVE "NEUTRAL" based on 3 bullish and 2 bearish signals across 127 daily candles, as of October 23, 2026 at 10:01 UTC.

Overall SignalNEUTRAL
RSI (14)48.41 (neutral)
vs SMA50Below (USD 32.14)
MACD0.29 (positive)

Analyst Ratings (CVE)

Wall Street analysts rate CVE "Buy" based on 16 analysts, with a mean price target of USD 36.55 (range USD 33.1–40), per Nexqual as of October 23, 2026 at 10:01 UTC.

Consensus RatingBuy
Analyst Count16
Mean TargetUSD 36.55
High TargetUSD 40
Low TargetUSD 33.1
Buy / Hold / Sell16 / 0 / 0

Earnings (CVE)

Next Earnings Date2026-10-29
EPS EstimateUSD 1.08
Revenue Estimate$16.13B

Recent Earnings History

QuarterActual vs Estimate
2026-06-30USD 1.14 vs est 1.16 ▼ miss
2026-03-31USD 0.65 vs est 0.55 ▲ beat
2025-12-31USD 0.36 vs est 0.27 ▲ beat
2025-09-30USD 0.55 vs est 0.34 ▲ beat

Source: Nexqual, October 23, 2026 at 10:01 UTC.

Financials & Fundamentals (CVE)

Total Revenue$53.86B
Revenue Growth (latest quarter, YoY)+41.50%
Gross Margin+29.86%
Operating Margin+23.83%
Profit Margin+12.37%
ROE+20.93%
Debt / Equity0.34
Current Ratio1.63
Total Cash$3.17B
Total Debt$11.63B

Source: Nexqual, October 23, 2026 at 10:01 UTC.

Ownership (CVE)

Insider Ownership+29.80%
Institutional Ownership+54.35%
Shares Outstanding1.84B
Float1.53B

Source: Nexqual, October 23, 2026 at 10:01 UTC.

Leadership (CVE)

Cenovus Energy Inc. is led by Jonathan M. McKenzie CA, President, CEO & Non-Independent Director, per Nexqual as of October 23, 2026 at 10:01 UTC.

President, CEO & Non-Independent DirectorJonathan M. McKenzie CA
Executive VP & CFOKam S. Sandhar CA
Executive VP & COOP. Andrew Dahlin
Executive Vice-President of Upstream – Thermal & Atlantic OffshoreJohn F. Soini
Vice President of Investor Relations & Internal AuditPatrick Read

Major Backers & Investors (CVE)

Notable institutional backers of Cenovus Energy Inc. include Capital Group, AMERICAN FUNDS INSURANCE SERIES-Eupac Fund, Capital International Investors, according to Nexqual as of October 23, 2026 at 10:01 UTC.

Active Investors

InvestorStake
Capital Group7.35%
AMERICAN FUNDS INSURANCE SERIES-Eupac Fund3.69%
Capital International Investors2.58%
Royal Bank of Canada2.37%
FIL LTD2.06%
Bank of Montreal /CAN/1.81%
Price (T.Rowe) Associates Inc1.37%
NEW PERSPECTIVE FUND1.37%

Index Funds (Passive)

FundStake
Vanguard Group2.11%

Source: Nexqual, October 23, 2026 at 10:01 UTC.

Peers & Related Stocks

SymbolNamePriceChange
EENI S.p.A.USD 59.53▲ 0.56%
SUSuncor Energy Inc.USD 77.41▼ 2.04%
ECEcopetrol S.A.USD 17.01▼ 1.33%
EQNREquinor ASAUSD 46.42▲ 0.65%
BPBP p.l.c.USD 50.05▲ 0.4%
PBRPetroleo Brasileiro S.A. PetrobUSD 25.62▼ 0.16%

Data source: Nexqual — market data, technical indicators, analyst consensus, earnings, SEC EDGAR filings. Last updated: October 23, 2026 at 10:01 UTC. This page is informational and not investment advice.

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