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Cenovus Energy CVE

US equityMarket cap rank #274Oil & Gas Integrated
$31.66
+$0.58 (+1.85%)
Market open · Sep 24, 2:00 pm ET
After hours $31.08 0.00%
Open$31.46
Prev close$31.08
Day range$31.38 – $31.93
Volume3.80M
Market cap$58.38B
P/E (TTM)12.4
Dividend yield1.83%

Earnings

Average move on report day±3.7%last 16 reports
Closed higher8 of 1650% of the time
Best reaction+8.5%
Worst reaction-6.4%

Stock move on the day after each report

+2.6%2023/Q3+7.4%2023/Q4-1.1%2024/Q1-6.4%2024/Q2-3.6%2024/Q3-2.2%2024/Q4+8.5%2025/Q1+1.1%2025/Q2+1.0%2025/Q3+4.0%2025/Q4-4.7%2026/Q1+5.1%2026/Q2
QuarterReport dateTimingImplied moveActual moveVersus implied
2026/Q229 Jul 2026Pre Market±1.9%+5.10%Bigger than priced
2026/Q16 May 2026Pre Market±1.6%-4.70%Bigger than priced
2025/Q419 Feb 2026Pre Market±0.7%+3.96%Bigger than priced
2025/Q331 Oct 2025Pre Market±1.0%+1.01%Bigger than priced
2025/Q231 Jul 2025Pre Market±1.3%+1.06%Within range
2025/Q18 May 2025Pre Market±0.9%+8.50%Bigger than priced
2024/Q420 Feb 2025Pre Market±0.8%-2.18%Bigger than priced
2024/Q331 Oct 2024Pre Market±1.2%-3.60%Bigger than priced
2024/Q21 Aug 2024Pre Market±0.8%-6.36%Bigger than priced
2024/Q11 May 2024Pre Market±1.1%-1.07%Bigger than priced
2023/Q415 Feb 2024Pre Market±1.2%+7.45%Bigger than priced
2023/Q32 Nov 2023–±1.6%+2.57%Bigger than priced
2023/Q227 Jul 2023Pre Market±1.7%+2.21%Bigger than priced
2023/Q126 Apr 2023Pre Market±1.9%-3.88%Bigger than priced
2022/Q416 Feb 2023Pre Market±1.3%-4.85%Bigger than priced
2022/Q32 Nov 2022Pre Market±2.2%-1.07%Within range

"Implied move" is the size of move the options market was pricing ahead of the report. Move is the stock’s change on the first session after the release.

Where the revenue comes from

Quarter 2026/Q2

By business line

  • OIL SANDSC$11.22B 54.1%
  • United States (US) RefiningC$6.55B 31.6%
  • Canadian RefiningC$1.61B 7.8%
  • ConventionalC$869.00M 4.2%
  • OffshoreC$486.00M 2.3%

Latest reported quarter: Q2, ended Jun 2026 · reported in CAD

RevenueC$19.09B+47.5% YoY
Operating profitC$4.28B+520.4% YoY
Net profitC$2.87B+237.3% YoY
Diluted EPSC$1.53+240.0% YoY
Free cash flowC$4.44B+266.6% YoY
Operating cash flowC$5.64B

Revenue, last 8 quarters

C$13.8BSep '24C$16.3BDec '24C$14.2BMar '25C$12.9BJun '25C$13.2BSep '25C$13.9BDec '25C$13.3BMar '26C$19.1BJun '26

Net profit, last 8 quarters

C$820.0MSep '24C$146.0MDec '24C$859.0MMar '25C$851.0MJun '25C$1.3BSep '25C$934.0MDec '25C$1.6BMar '26C$2.9BJun '26

Profitability & balance sheet

Gross margin28.0%
Operating margin16.0%
Net margin11.5%
Return on equity21.0%
Return on assets11.0%
Return on invested capital16.8%
Current ratio1.63
Liabilities / assets47.5%
Cash & investmentsC$3.17B
Total debtC$11.25B
Net cash (debt)-C$8.08B
Free cash flow / sales12.9%
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