Cenovus Energy stock
CVENYSECenovus Energy Inc., EnergyISIN CA15135U1093
70Score 70 out of 100, Strong
Price and trend
55 / 100
Price history
+59% in one yearThe chart shows daily closes over 17 years, adjusted for stock splits and without dividends. Click into the chart to set a price alert at that price.
Above the 200-day line: the price is 3.4% above it.
Since August 2025 the 50-day line has been above the 200-day line; the trend has turned up.
Normal: the price is neither overheated nor sold off (RSI 30).
The price is 15% below its 52-week high. Largest decline in 17 years: 96% (April 2011 to March 2020).
Chart figures for advanced users
- SMA 50$31.58
- Average price of the last 50 trading days, shows the short-term trend.
- SMA 200$27.95
- Average price of the last 200 trading days, shows the long-term trend.
- RSI (14)30
- Relative strength over the last 14 days on a scale from 0 to 100. Above 70 the price counts as overheated, below 30 as sharply fallen.
- MACDbelow the signal line
- Compares a fast and a slow price average. Above its signal line momentum is rising, below it momentum is fading.
- Support$15.85
- The lowest closing price of the last twelve months.
- Resistance$33.92
- The highest closing price of the last twelve months.
Snapshot
Computed from the data by fixed rules, no AI
- Cenovus Energy Inc. belongs to the Oil & Gas Integrated industry (Canada) and, with a market value of $52.48B, is number 13 of 25 companies in its industry on MEQIRI.
- In fiscal 2025 it reported revenue of $34.88B (down 14% year on year) and earnings of $2.76B (up 25%).
- MEQIRI Score 70 out of 100 (Strong): rank 49 of 266 in Energy, median 60.
Show more
- The P/E is 8.7 (Oil & Gas Integrated median 11.3, own median of recent years 10.4).
- Our model puts fair value at $52.04, with the price 45% below it.
In plain words
The numbers on this page in plain words, written by an AI
Strengths
- Growing faster than its industryRevenue up 29% a year since 2020, Oil & Gas Integrated median 13.8%.Growth 70
- Below fair valuePrice 45% below the fair value of $52.04.Valuation 100
- Earnings turn into cashFree cash flow 123% of earnings over the last 12 months.Fundamentals 77
Weaknesses
- DilutionShare count up 47% since 2020.Capital allocation 59
- Analysts expect falling earningsDown 7.1% a year through 2028 (estimates from 7 analysts).
Its standout strengths are valuation and fundamentals.
Daily figure as of 12 Nov 2026
How the score is calculatedScore overview
Score since yesterday from 69 to 70.
Fundamentals are strong, with strong cash generation.
Score history
The full history of up to 20 years comes with MEQIRI Pro.
See plansCrash risk high
How well MEQIRI warnsOne of the 30% with the highest crash risk among stocks ranked 101 to 1,000.
From 2016 to 2025, 23 in 100 such stocks fell 30% or more within a year, against a group average of 15 in 100.
What drives the risk
- cyclical sector (energy or materials), as a group, crashed more often in the backtest
- price up very strongly over the past year
Valuation
Valuation signal
Significantly undervaluedClosing price of 11 Nov 2026, used by the daily score.
In our model the price counts as cheap below $40.03 and expensive above $74.34 (uncertainty medium, based on the price swings of the past year).
The two parts of the fair value come to $66.73 (cash-flow model) and $37.34 (industry comparison), and the gap between them shows how uncertain the estimate is. The price is below both.
Calculated with a cost of equity of 8.2%. At 9.2% the fair value would be $46.55, at 7.2% it would be $60.26.
Valuation metrics
Half from the cash-flow model, half from earnings times the industry P/E (11.3).
Calculate with your own assumptionsCompany performance
This shows several years of history with an automatic assessment.
Revenue
In the twelve months to 30 Sep 2026, revenue rose 1.3% on the twelve months before. Revenue has grown solidly since 2008, at about 5% per year.
Margins
- Gross margin
- Operating margin
- Net margin
In fiscal 2025: gross 10%, operating 9%, net 8%. Last 12 months: net 15%.
Debt & balance sheet
latest quarterThe balance sheet is solid, with moderate debt and comfortable interest coverage.
Earnings
- Next earnings
- 18 Feb 2027in 98 days
- Last reported
- 4 Nov 2026EPS reported 1.29 (expected 1.21)above expectations
Analyst estimates
Analysts have raised their 2027 earnings estimate by 16.2% since 15 Oct 2026.
- Earnings per share
- 5.79+7.4%
- Revenue
- $46.14B+4.9%
- Earnings per share
- 5.32+16.2%
- Revenue
- $43.09B+5.3%
MEQIRI has stored the estimates since 15 Oct 2026. Until 30 days are available, the card shows the change since that day. Mean estimate according to Financial Modeling Prep. No price target and no recommendation.
Company outlook raised
Share price after the results: +9.6%2026 production guidance raised to 970,000 to 1,010,000 BOE per day with lower unit costs and unchanged capital guidance.
“With the continued -- with the increased productivity, we are delivering at each of Christina Lake, Foster Creek and Sunrise, we are increasing our full year production guidance for the company to the range of 970,000 BOE to 1,010,000 BOE per day with no change to our capital investment guidance.”The outlook is not part of the score and not a recommendation to buy or sell.
From the earnings call on 29 Jul 2026 (fiscal Q2 2026), read by AI.
Insiders
Open-market purchases and sales by executives, board members and major holders
No open-market purchases or sales in the last 6 months.
Source: Form 4 filings with the US Securities and Exchange Commission. Grants, option exercises, gifts and tax withholdings are hidden. Not a recommendation to buy.
What happened at Cenovus Energy
The key events of the last six months from our own data. A click takes you to the matching card.
Sector comparison
266 rated companies in Energy
- This company
- 70
- Sector median
- 60
Categories against the sector median
The median is the middle value: half of the companies in the sector lie above it, half below. Categories with too few comparable companies are left out.
Competitors in Oil & Gas Integrated
The next larger and next smaller companies by market value
- EquinorEQNR.OL $99.04B80
- EniENI.MI $81.72B64
- Suncor EnergySU $80.67B78
- Imperial OilIMO $59.8B75
- Polski Koncern Naftowy ORLEN Spólka AkcyjnaPKN.WA $37.55B68
- RepsolREP.MC $35.36B79
- Oil and Natural GasONGC.NS $31.53B75
- EcopetrolEC $31.45B74
ETFs that hold Cenovus Energy
Held by 41 ETFs on Xetra. Shown per index: the ETF with the largest weight.
| ETF | Weight | Cost | Fund size |
|---|---|---|---|
| UBS MSCI Canada UCITS ETF CAD disUIM9 | 1.39% | 0.33% | €2.06B |
| iShares MSCI Canada UCITS ETFSXR2 | 1.18% | 0.48% | €2.15B |
| iShares MSCI World Energy Sector UCITS ETF USD5MVW | 0.98% | 0.18% | €1.31B |
Show 5 more
| Xtrackers MSCI World Energy UCITS ETF 1CXDW0 | 0.97% | 0.25% | €1.83B |
| JPM Global Equity Multi-Factor UCITS ETF USD AccJPGL | 0.26% | 0.19% | €278.91M |
| iShares Edge MSCI World Momentum Factor UCITS ETF USD (Acc)IS3R | 0.21% | 0.25% | €4.9B |
| Xtrackers MSCI World Momentum UCITS ETF 1CXDEM | 0.20% | 0.25% | €1.88B |
| iShares MSCI World ex-USA UCITS ETF USD (Acc)IXUA | 0.15% | 0.15% | €3.41B |
Holdings as reported by the funds via FMP, excluding swap ETFs (their holdings are only collateral).
Data status and sources
- Score
- Daily value of 12 Nov 2026, recalculated nightly
- Price
- Closing price of 12 Nov 2026
- Latest annual report
- Fiscal year 2025, period end 31 Dec 2025
- Currency
- Amounts in US dollars, converted at the ECB reference rate of 11 Nov 2026 ($1 = CA$1.4235)
- Source
- Financial statements, ratios and prices from Financial Modeling Prep (FMP), based on the company's reports. MEQIRI calculates the score and fair value from them.
Mandatory disclosures for this rating
- ; time horizon around 12 months
- Rated Strong since 12 Nov 2026, previously Neutral
- Valuation signal Undervalued since 7 Nov 2026
- End-of-day prices, metrics cached for up to 24 hours
- Score and fair value are estimates from a disclosed model. They are not facts and not a price target.
- Produced by SSM Ventures UG (haftungsbeschränkt), responsible person Sven Brostmeyer, Managing Director, automatically according to the disclosed model.
- Not investment advice. Losses up to and including a total loss are possible. Personal circumstances are not considered.