PerpEquities

Equity · Energy

Cenovus Energy Inc. (CVE) perpetual futures

Cenovus Energy is an integrated energy company that explores for, extracts, processes and sells crude oil, natural gas liquids and natural gas across Canada, the United States and the Asia Pacific region.

-2.7%NYSE closed
Open in terminal

Price chart

Interactive TradingView chart

TradingView symbol NYSE:CVE

Loads TradingView's third-party widget (about 1 MB) on demand.

Auto: underlying reference priceOpen in TradingView

Trading data

Perpetual market activity

0/1 live markets
Venues
1
Live markets
0/1
24h volume
-
Open interest
-
Best liquidity
-
Tightest spread
-
Highest volume
-
Settlement mix
USDT · 1/1
Perp/spot vol.
-
OI / float
-
Spot performance
1D-2.75%
5D-14.68%
1M-11.62%
6M-4.79%
YTD+63.18%
1Y+64.25%

Venue matrix

1 markets

Some venue links are sponsored. We may receive a commission, and eligible users may occasionally receive trading-fee discounts, at no additional cost to you.

Trade
BingXTradeCVE-USDTWatchlist------USDT-
Best venues for this underlying

Best liquidity

-
No live data-

Tightest spread

-
No live data-

Highest volume

-
No live data-

Company financials

Financials at a glance

Last report Q2 '26 · filed 2026-07-29 · next report 2027-02-18 · Updated 3m ago
All financials →

Valuation & key figures

Market cap
$50.2B
Updated 3m ago
Revenue
$40.2B
Trailing 12 months
Revenue growth
+31%
Next fiscal year
Profit margin
+15.4%
P/E
8.2
Peer P/E 13.5
P/S
1.2
Peer P/E
13.5
Similar listed perps
Free cash flow
$7.6B
Trailing 12 months
Net income
$6.2B
Trailing 12 months
Revenue estimate
$46.5B
Next fiscal year
Earnings
2027-02-18
Revenue est. $12.6B · Updated 3m ago
Dividend
$0.157
2026-12-15
Revenue (TTM)CA$53.9B-4.8% vs a year agoLast 4 quarters; bars = each quarter
Operating margin (TTM)19.4%+12.6 pp vs a year agoOperating income CA$10.4B
Net income (TTM)CA$6.66B+149.0% vs a year agoAfter tax, incl. non-operating gains
Free cash flow (TTM)CA$7.56B+154.2% vs a year agoCapex CA$4.8B
Diluted EPS (TTM)CA$3.58+152.1% vs a year agoSum of the last 4 quarters
Net cash-CA$8.46B-6.8% vs a year agoCash + short-term investments - debt
  • Revenue growth accelerating: 34.7% year on yearQ2 '26 revenue CA$17.4B, against an average of -16.2% over the four quarters before.
  • Operating margin 19.4% (TTM), +12.6 pp on a year agoOperating income grew 171.0% while revenue grew -4.8%.
  • 24.7% of pre-tax profit is eaten by non-operating lossesPre-tax income CA$8.36B vs operating income CA$10.4B (TTM). Losses on equity stakes and other one-off items cut net income and EPS - operating income is the cleaner measure of the business.
  • Capex 8.9% of revenue (a year ago 9.2%)CA$4.8B invested in the last 4 quarters (-8.0% on a year earlier). Free cash flow CA$7.56B = 113.5% of net income.

Revenue, operating income and growth

quarterly

Revenue by business line

latest quarter
LineRevenuey/yShare
UpstreamCA$17M–100.0%
In the full financialsIncome statement, balance sheet and cash flow (12 quarters / 10 years) · margins and cost structure · capital allocation and buybacks · valuation against the 5-year range · analyst estimates

Next catalyst

Catalysts

Earnings
2027-02-18
Revenue est. $12.6B · Updated 3m ago
Dividend
$0.157
2026-12-15

No unusual perp activity right now.

Research data

Analysts, filings and peer context

Estimates

6
DateEPS estimateRevenue estimateGrowthAnalysts
FY 20264.13$46.5B+31%5
FY 20273.73$43.3B+22%5
FY 20283.26$41.6B+17%7
FY 20293.59$39.3B+11%2
FY 20303.87$39.5B+11%4
Q1 20271.03$11.5B+30%1

Company events

6
2027-02-18EarningsActual - / Estimate 1.18-
2026-12-15Dividend$0.157-
2026-11-04Earnings · Before market openActual 1.29 / Estimate 1.12Beat
2026-09-15Dividend$0.158-
2026-07-29EarningsActual 1.11 / Estimate 1.11In line
2026-06-15Dividend$0.157-

Peer comparison

Similar listed perps
NameMarket capP/SP/EProfit marginVenues
DVN$47.2B2.410.1+16.7%2OXY$56.3B2.28.5+28.8%11BE$57.1B14.9108.3+13.5%24EQT$34.6B3.812.4+30.2%11LNG$67.5B2.822.9+12.7%4CCJ$32B12.9111.9+11.4%1HAL$29.1B1.314.6+8.9%1VG$28.8B1.78.5+21.5%2

Company data

Company intelligence

Updated: Nov 2, 2026, 04:26 PM UTC

Company profile

Sector
Energy
Industry
Oil & Gas Integrated
Chief executive
Jonathan McKenzie
Employees
7,211
IPO date
Nov 17, 2009
Country
CA
Exchange
New York Stock Exchange
Website
Altman Z-scorei3.32
Piotroski scorei6/9
Overall ratingiA
Owner earningsiCA$8.11BCA$4.33 per share
ESG risk ratingiB+Industry rank: 2 out of 21

Rating factors

Return on equityi
5
Return on assetsi
5
Debt to equityi
3
Price to earningsi
3
Price to booki
3

Company press releases

Cenovus to hold third-quarter 2026 conference call and webcast on November 4GlobeNewsWireCenovus announces agreement to acquire Athabasca Oil CorporationGlobeNewsWireAthabasca Oil Announces Agreement to be Acquired by Cenovus EnergyGlobeNewsWire
Market cap history
$60.88B+10.7%Aug 26 – Oct 26
$54.99B$58.44B$61.89BHigh: $61.89B · 2026-09-14Low: $54.99B · 2026-08-10Latest: $60.88B · 2026-10-30Aug 26Sep 26Oct 26
Latest: $60.88B · 2026-10-30High: $61.89B · 2026-09-14Low: $54.99B · 2026-08-10
Largest fund holders
FundWeightShares held
VVORX1.93%6M
DFIV0.63%4.2M
QCN.TO1.14%1.6M
DFIC0.28%1.3M
XGC.TO0.81%1.2M
DIHP0.5%1M
IDMO0.57%750.1K
JDVL2.41%743.8K
EMAX.TO5.1%696.9K
VWRA.S0.02%678.2K
DFAI0.12%644.5K
DFAX0.15%563.3K

Analyst track record

How the analysts covering CVE have done: ratings, price-target accuracy and the measured reaction after their calls.

12 months3 years
Ratings50186
Analysts1821
Buy / hold / sell46 / 3 / 1177 / 7 / 2
Upgrades / downgrades / initiations1 / 2 / 14 / 4 / 3
Price targets hit / missed42 / 7 (86%)175 / 8 (96%)
Avg. return after a rating (TipRanks)+24.3%+38.2%
Best / worst call+71.0% / -27.0%+125.0% / -27.0%

After buy calls on this stock: median 21-day move +0.8% vs S&P 500 -1.1% (n = 188)

Most accurate on this stock

Share of an analyst's price targets on this stock that the price reached within 12 months (our measurement over the last 3 years, at least 8 targets). It describes past calls, not the odds of the current one.

  1. Michael Barth, CFARaymond James67% hit rate on this stock · 9 targets measuredBuytarget $30.55May 6, 2026
  2. Chris MacCullochDesjardins60% hit rate on this stock · 10 targets measuredBuytarget $26.18Feb 20, 2026
  3. Travis WoodNational Bank55% hit rate on this stock · 11 targets measuredBuytarget $21.09Jan 9, 2026

Latest ratings

DateAnalystCallTarget
May 20, 2026Kevin FiskScotiabankBuyMaintained$34.18article ↗
May 19, 2026Gregory PardyRBC CapitalBuyMaintained$34.18article ↗
May 12, 2026Neil MehtaGoldman SachsBuyReiterated$36.00article ↗
May 6, 2026Patrick O'rourkeATB Cormark Capital MarketsBuyReiterated$30.91article ↗
May 6, 2026Menno HulshofTD CowenBuyMaintained$32.73article ↗
Consensus over the last 12 months buy hold sell avg. target month-end close
Monthly buy, hold and sell shares of analyst ratings with the average price target and the month-end close$16.00$18.00$20.00$22.00$24.00$26.00$28.00$30.00$32.00Dec 25 · Buy 13 · Hold 0 · Sell 0Dec 25Jan 26 · Buy 13 · Hold 1 · Sell 0Feb 26 · Buy 13 · Hold 1 · Sell 1Feb 26Mar 26 · Buy 15 · Hold 2 · Sell 0Apr 26 · Buy 15 · Hold 2 · Sell 0Apr 26May 26 · Buy 15 · Hold 2 · Sell 0Jun 26 · Buy 15 · Hold 2 · Sell 0Jun 26Jul 26 · Buy 14 · Hold 2 · Sell 0Aug 26 · Buy 12 · Hold 2 · Sell 0Aug 26Sep 26 · Buy 9 · Hold 1 · Sell 0Oct 26 · Buy 7 · Hold 0 · Sell 0Oct 26Nov 26 · Buy 7 · Hold 0 · Sell 0Dec 25 · avg. target $22.22Jan 26 · avg. target $21.17Feb 26 · avg. target $22.82Mar 26 · avg. target $25.20Apr 26 · avg. target $28.09May 26 · avg. target $30.58Jun 26 · avg. target $30.58Jul 26 · avg. target $31.21Aug 26 · avg. target $32.01Sep 26 · avg. target $33.07Oct 26 · avg. target $32.73Nov 26 · avg. target $32.73Dec 25 · month-end close $16.92Jan 26 · month-end close $19.72Feb 26 · month-end close $22.31Mar 26 · month-end close $26.53Apr 26 · month-end close $29.24May 26 · month-end close $27.57Jun 26 · month-end close $24.81Jul 26 · month-end close $30.19Aug 26 · month-end close $32.15Sep 26 · month-end close $31.08Oct 26 · month-end close $32.73Nov 26 · month-end close $32.73

Share of analysts per call each month (latest call per analyst within 180 days). Targets and closes in USD.

TipRanks data · computed Nov 3, 2026 · 50 ratings

Other Energy perps

Embed this asset

CVE perpetuals · perpequities.comCVE perpetuals · perpequities.com
<a href="https://perpequities.com/stocks/cve-perp"><img src="https://perpequities.com/badge/cve-perp.svg" width="240" height="64" alt="CVE perpetuals · perpequities.com" loading="lazy"></a>

Raw data: JSON · CSV · API

Next step

Stay on top of CVE perps

Signals with a track record

Analysts who hit 70%+ of their targets on the perps we track, congress buys over $500k, 13F positions over $5M, funding spreads that have paid for days. Every post shows the evidence. Free, no sign-up.

Join on Telegram

Weekly digest by email

The listings, funding and moves that matter for CVE — one email every Sunday.

Watchlist and alerts

Price and funding alerts for CVE, via push or Telegram.

Set an alert

Follow the live feed

Daily movers, new listings and funding extremes as they happen.

Follow on X