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Cenovus Energy stock: growth

CVE
$28.89Closing price of 12 Nov 2026MEQIRI Score 70 out of 100

Cenovus Energy reported $34.85B in revenue for fiscal 2025, down 14% on the prior year, up 29% a year on average over up to five years.

Daily figure as of 13 Nov 2026

Revenue (Annual rate)
5.4%
per year from 2008 to 2025, per share 0.1%
Earnings (Annual rate)
1.8%
per year from 2008 to 2025, per share −3.3%
Free cash flow (Annual rate)
9.1%
per year from 2008 to 2025, per share 3.5%

Growth per year by period

What reaches shareholders is growth per share: buybacks lift it, new shares dilute it.

since 2020since 2015since 2008
Revenue29.0%15.7%5.4%
Revenue per share19.4%6.9%0.1%
Earningsno data20.3%1.8%
Earnings per shareno data11.2%−3.3%
Free cash flowno datano data9.1%
Free cash flow per shareno datano data3.5%

Fiscal years at a glance

How revenue and earnings grow

  • Revenue
  • Earnings
  • Free cash flow
Figures as a table
YearRevenueEarningsFree cash flow
2008$14.14B$2.02B$547.49M
2009$8.08B$574.09M$1.18B
2010$9.19B$758.66M$270.9M
2011$11.36B$1.04B$337.57M
2012$12.09B$698.31M−$20.35M
2013$13.33B$464.6M$189.49M
2014$14.11B$522.15M$328.45M
2015$8.11B$433.72M−$168.44M
2016$7.73B−$382.49M−$121.41M
2017$12.15B$2.36B$974.82M
2018$15.01B−$1.87B$545.31M
2019$14.42B$1.54B$1.48B
2020$9.77B−$1.67B−$411.27M
2021$34.26B$411.97M$2.36B
2022$50.37B$4.53B$5.37B
2023$38.93B$2.88B$2.17B
2024$40.51B$2.21B$2.96B
2025$34.85B$2.76B$2.39B

Revenue by region

Where Cenovus Energy Inc. generates its revenue.

  • Canada60%
  • United States35%
  • Other5%

“Other” combines smaller regions with revenue the company does not assign to a region.

Figures as a table
2017201820192020Share 2020
Canada$6.82B$8.21B$8.28B$5.89B60.4%
United States$5.14B$6.42B$5.88B$3.39B34.7%
Other$190.19M$382.49M$253.36M$482.15M4.9%
Total revenue$12.15B$15.01B$14.42B$9.77B100%

Data status and sources

Score
Daily value of 13 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 12 Nov 2026 ($1 = CA$1.4249)
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.

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