CVE

Cenovus Energy Inc Common Stock (CVE)

Stock · NYSE · Energy

$31.58as of 8/28/2026

AI Market Commentary

AI-generated

Synthesized from recent news and fundamentals/technical data -- not human analyst commentary or trader sentiment.

August 29, 2026

Cenovus Energy: Recent Commentary Highlights Further Upside Potential. A recent Seeking Alpha piece suggests that Cenovus Energy still has room to deliver gains beyond what the market has already priced in, with the title urging readers to hold on for more. The article points to ongoing positive momentum for the company as the main theme. Supporting this, the stock has an average analyst price target of $36.77, above its current trading range, and a trailing P/E of 16.7 with a 2.32% dividend yield. A confirmed support level near $27.75 has held through ten recent tests, indicating the price has remained stable on dips.

Active signals

Support level
$27.75
Industry
Oil & Gas Production

About CVE

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…

Sector
Energy
Industry
Oil & Gas Production
Employees
7,211

Fundamentals

1-day range
$31.11$31.89
Market cap
$55.44B
P/E (trailing)
16.73
P/E (forward)
12.01
EPS (trailing)
$2.53
Dividend yield
2.32%
Beta
-1.06
Avg. volume
7.68M
Ex-dividend date
September 15, 2026
Dividend pay date
September 29, 2026
52-week range
$21.62$45.94
Next earnings: October 29, 2026 · EPS estimate $0.84Before Openconfirmed

Forecasts

2 analyst ratings

Buy 86%
Hold 9%
Sell 5%
1-year price forecast
High
$40
+26.7%
Median
$36.77
+16.4%
Low
$33.53
+6.2%

Cenovus Energy Inc Common Stock Competitors

Chosen by industry and closest market cap.

  • CVE
    Cenovus Energy Inc Common Stock
    $31.59
    ▼ 0.39%
    Market cap $55.44BP/E 16.73
    $21.62$45.94
  • OXY
    Occidental Petroleum Corporation Common Stock
    $59.1
    ▼ 0.13%
    Market cap $55.17BP/E 7.96
    $38.8$67.45
  • FANG
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    $197.7
    ▼ 1.41%
    Market cap $55.91BP/E 38.08
    $134.3$216.9
  • DVN
    Devon Energy Corporation Common Stock
    $47.35
    ▲ 0.49%
    Market cap $51.41BP/E 14.87
    $31.47$52.71
  • WDS
    Woodside Energy Group Limited American Depositary Shares each representing one Ordinary Share
    $23.08
    ▼ 0.90%
    Market cap $43.14BP/E 16.07
    $21.96$35.82
  • EC
    Ecopetrol S.A. American Depositary Shares
    $16.5
    ▼ 0.36%
    Market cap $34.13BP/E 12.09
    $1,980$2,854
  • EQT
    EQT Corporation Common Stock
    $54.57
    ▼ 0.37%
    Market cap $33.50BP/E 12.44
    $47.94$68.24

P/E shows — for peers not currently carrying a live signal of their own.

Latest news

Institutional Ownership

March 31, 2026

Total shares held
949.13M
Total value held
$24.55B
Institutional holders
454
Top holders this quarter
  • Unknown105.25M
  • Unknown75.92M
  • Unknown47.66M
  • Unknown42.76M
  • Unknown41.30M
  • Unknown38.42M
  • Unknown29.28M
  • Unknown26.77M
  • Unknown25.48M
  • Unknown23.97M

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