Cenovus Energy Key Fundamental Indicators

CVE Stock  USD 21.96  0.63  2.95%   
As of the 16th of February 2026, Cenovus Energy shows the Downside Deviation of 2.15, risk adjusted performance of 0.1298, and Mean Deviation of 1.82. Cenovus Energy technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices. Please confirm Cenovus Energy jensen alpha, as well as the relationship between the potential upside and skewness to decide if Cenovus Energy is priced correctly, providing market reflects its regular price of 21.96 per share. Given that Cenovus Energy has jensen alpha of 0.3143, we suggest you to validate Cenovus Energy's prevailing market performance to make sure the company can sustain itself at a future point.

Cenovus Energy Total Revenue

69.7 Billion

Cenovus Energy's financial statements offer valuable quarterly and annual insights to potential investors, highlighting the company's current and historical financial position, overall management performance, and changes in financial standing over time. Key fundamentals influencing Cenovus Energy's valuation are provided below:
Gross Profit
10.2 B
Profit Margin
0.0609
Market Capitalization
41.4 B
Enterprise Value Revenue
1.1737
Revenue
51.6 B
There are over one hundred nineteen available fundamental signals for Cenovus Energy, which can be analyzed over time and compared to other ratios. Investors should ensure to validate all of Cenovus Energy's prevailing performance against the performance from 2010 to 2026 to make sure the company is sustainable down the road. This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.
At present, Cenovus Energy's Total Revenue is projected to increase significantly based on the last few years of reporting. The current year's Gross Profit is expected to grow to about 15.4 B, whereas Selling General Administrative is forecasted to decline to about 469.6 M.
  
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Cenovus Energy Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Total Assets37.4 B65 B37.5 B
Slightly volatile
Short and Long Term Debt Total8.7 B12.2 B8.5 B
Slightly volatile
Other Current Liabilities6.3 BB3.2 B
Slightly volatile
Total Current Liabilities8.9 B8.5 B4.6 B
Slightly volatile
Total Stockholder Equity17.8 B34.2 B18.1 B
Slightly volatile
Other Liabilities10.9 B10.4 B5.7 B
Slightly volatile
Property Plant And Equipment Net27.9 B47.2 B27.9 B
Slightly volatile
Net Debt6.9 B8.7 B6.5 B
Slightly volatile
Accounts PayableB1.2 B833 M
Slightly volatile
Cash1.8 B3.6 B1.9 B
Slightly volatile
Non Current Assets Total31.1 B53 B30.9 B
Slightly volatile
Non Currrent Assets Other711.8 M383.4 M632.8 M
Slightly volatile
Other Assets1.7 B1.6 B526.4 M
Slightly volatile
Long Term Debt7.8 B8.4 B7.3 B
Slightly volatile
Cash And Short Term Investments1.8 B3.6 B1.9 B
Slightly volatile
Net ReceivablesB3.1 B1.9 B
Slightly volatile
Good Will1.8 B3.4 B1.8 B
Slightly volatile
Common Stock Shares Outstanding1.3 B2.1 B1.3 B
Slightly volatile
Liabilities And Stockholders Equity37.4 B65 B37.5 B
Slightly volatile
Non Current Liabilities Total15.4 B22.3 B15.1 B
Slightly volatile
Inventory5.4 B5.2 B2.4 B
Slightly volatile
Other Current Assets204.3 M215.1 M510.9 M
Pretty Stable
Other Stockholder Equity780.6 M821.7 M3.9 B
Slightly volatile
Total Liabilities19.6 B30.8 B19.4 B
Slightly volatile
Property Plant And Equipment Gross87.5 B83.3 B39.3 B
Slightly volatile
Total Current Assets6.4 B12 B6.6 B
Slightly volatile
Accumulated Other Comprehensive Income2.8 B2.7 BB
Slightly volatile
Property Plant Equipment27.4 B47.2 B27.5 B
Slightly volatile
Retained Earnings12.7 B12.1 BB
Slightly volatile
Common Stock9.7 B18 B9.7 B
Slightly volatile
Long Term Debt Total10.3 B11.4 B8.7 B
Slightly volatile
Capital Surpluse807.1 M849.6 M3.5 B
Slightly volatile
Net Invested Capital34.4 B42.7 B31.4 B
Slightly volatile
Net Working Capital2.5 B3.5 B1.7 B
Slightly volatile
Capital Stock15.7 B18.4 B13.1 B
Slightly volatile

Cenovus Energy Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Depreciation And Amortization5.9 B5.6 B3.1 B
Slightly volatile
Interest Expense560.1 M746.4 M544.2 M
Slightly volatile
Selling General Administrative469.6 M913.1 M478.7 M
Slightly volatile
Selling And Marketing Expenses1.7 M1.8 M70.8 M
Slightly volatile
Total Revenue69.7 B66.4 B32.8 B
Slightly volatile
Other Operating Expenses63.6 B60.6 B30.4 B
Slightly volatile
Cost Of Revenue54.3 B51.7 B25.8 B
Slightly volatile
Interest Income145.3 M153 M683.8 M
Slightly volatile
Reconciled Depreciation4.1 B5.6 B3.1 B
Slightly volatile

Cenovus Energy Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Begin Period Cash Flow1.6 B2.6 B1.7 B
Slightly volatile
Depreciation5.9 B5.6 BB
Slightly volatile
Capital Expenditures6.1 B5.8 BB
Slightly volatile
Total Cash From Operating Activities11.2 B10.6 B4.9 B
Slightly volatile
End Period Cash Flow1.8 B3.6 B1.9 B
Slightly volatile
Dividends Paid1.9 B1.8 B696.2 M
Slightly volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio1.20.850.9976
Slightly volatile
Dividend Yield0.02440.04430.0235
Pretty Stable
PTB Ratio1.781.561.5468
Slightly volatile
Days Sales Outstanding35.1720.5630.4289
Slightly volatile
Book Value Per Share11.2214.514.0039
Pretty Stable
Operating Cash Flow Per Share3.815.753.5328
Very volatile
PB Ratio1.781.561.5468
Slightly volatile
EV To Sales1.551.011.2849
Slightly volatile
Inventory Turnover14.5412.4413.4107
Pretty Stable
Days Of Inventory On Hand23.4530.3628.8334
Pretty Stable
Payables Turnover82.3855.6782.4069
Slightly volatile
Research And Ddevelopement To Revenue0.00139.0E-40.0013
Slightly volatile
Capex To Revenue0.130.110.1113
Slightly volatile
Cash Per Share1.181.511.6034
Very volatile
POCF Ratio6.923.928.3957
Very volatile
Capex To Operating Cash Flow0.960.620.8786
Very volatile
Days Payables Outstanding8.248.6710.9956
Very volatile
EV To Operating Cash Flow4.434.6611.7089
Very volatile
Intangibles To Total Assets0.03660.04670.0445
Slightly volatile
Current Ratio1.231.281.55
Pretty Stable
Tangible Book Value Per Share10.1413.0712.6773
Very volatile
Receivables Turnover10.3218.3813.5351
Slightly volatile
Graham Number17.6622.3422.0746
Very volatile
Shareholders Equity Per Share11.2214.4914.0016
Pretty Stable
Debt To Equity0.570.410.511
Slightly volatile
Capex Per Share2.673.122.4442
Slightly volatile
Revenue Per Share16.626.4321.3849
Pretty Stable
Interest Debt Per Share8.466.97.6125
Slightly volatile
Debt To Assets0.260.220.2378
Pretty Stable
Short Term Coverage Ratios28.6222.7721.681
Slightly volatile
Operating Cycle67.459.3560.2747
Pretty Stable
Price Book Value Ratio1.781.561.5468
Slightly volatile
Days Of Payables Outstanding8.248.6710.9956
Very volatile
Price To Operating Cash Flows Ratio6.923.928.3957
Very volatile
Company Equity Multiplier2.392.192.1762
Slightly volatile
Long Term Debt To Capitalization0.350.230.3138
Slightly volatile
Total Debt To Capitalization0.370.30.3363
Slightly volatile
Debt Equity Ratio0.570.410.511
Slightly volatile
Quick Ratio1.20.931.1272
Pretty Stable
Dividend Paid And Capex Coverage Ratio1.021.271.2614
Slightly volatile
Net Income Per E B T0.630.690.7814
Very volatile
Cash Ratio0.370.380.4879
Very volatile
Operating Cash Flow Sales Ratio0.180.20.1537
Pretty Stable
Days Of Inventory Outstanding23.4530.3628.8334
Pretty Stable
Days Of Sales Outstanding35.1720.5630.4289
Slightly volatile
Cash Flow Coverage Ratios0.40.780.5078
Pretty Stable
Price To Book Ratio1.781.561.5468
Slightly volatile
Fixed Asset Turnover0.751.190.9655
Pretty Stable
Capital Expenditure Coverage Ratio1.221.661.5106
Slightly volatile
Price Cash Flow Ratio6.923.928.3957
Very volatile
Debt Ratio0.260.220.2378
Pretty Stable
Cash Flow To Debt Ratio0.40.780.5078
Pretty Stable
Price Sales Ratio1.20.850.9976
Slightly volatile
Asset Turnover0.550.860.7086
Pretty Stable
Price Fair Value1.781.561.5468
Slightly volatile

Cenovus Fundamental Market Drivers

Forward Price Earnings23.1481
Cash And Short Term Investments3.1 B

Cenovus Upcoming Events

15th of February 2024
Upcoming Quarterly Report
View
24th of April 2024
Next Financial Report
View
31st of December 2023
Next Fiscal Quarter End
View
15th of February 2024
Next Fiscal Year End
View
30th of September 2023
Last Quarter Report
View
31st of December 2022
Last Financial Announcement
View

Cenovus Operating Margin Driver Correlations

Understanding the fundamental principles of building solid financial models for Cenovus Energy is extremely important. It helps to project a fair market value of Cenovus Stock properly, considering its historical fundamentals such as Operating Margin. Since Cenovus Energy's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Cenovus Energy's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Cenovus Energy's interrelated accounts and indicators.
Will Oil, Gas & Consumable Fuels sector continue expanding? Could Cenovus diversify its offerings? Factors like these will boost the valuation of Cenovus Energy. Projected growth potential of Cenovus fundamentally drives upward valuation adjustments. Accurate valuation requires analyzing both current fundamentals and future growth trajectories. Every Cenovus Energy data point contributes insight, yet successful analysis hinges on identifying the most consequential variables.
Quarterly Earnings Growth
0.715
Dividend Share
0.76
Earnings Share
1.27
Revenue Per Share
28.498
Quarterly Revenue Growth
(0.04)
Understanding Cenovus Energy requires distinguishing between market price and book value, where the latter reflects Cenovus's accounting equity. The concept of intrinsic value - what Cenovus Energy's is actually worth based on fundamentals - guides informed investors toward better entry and exit points. Seasoned market participants apply comprehensive analytical frameworks to derive fundamental worth and identify mispriced opportunities. Market sentiment, economic cycles, and investor behavior can push Cenovus Energy's price substantially above or below its fundamental value.
It's important to distinguish between Cenovus Energy's intrinsic value and market price, which are calculated using different methodologies. Investment decisions regarding Cenovus Energy should consider multiple factors including financial performance, growth metrics, competitive position, and professional analysis. In contrast, Cenovus Energy's trading price reflects the actual exchange value where willing buyers and sellers reach mutual agreement.

Cenovus Energy 'What if' Analysis

In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Cenovus Energy's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Cenovus Energy.
0.00
11/18/2025
No Change 0.00  0.0 
In 2 months and 31 days
02/16/2026
0.00
If you would invest  0.00  in Cenovus Energy on November 18, 2025 and sell it all today you would earn a total of 0.00 from holding Cenovus Energy or generate 0.0% return on investment in Cenovus Energy over 90 days. Cenovus Energy is related to or competes with Woodside Energy, Targa Resources, Cheniere Energy, EQT, First Solar, Imperial Oil, and Pembina Pipeline. Cenovus Energy Inc., together with its subsidiaries, develops, produces, and markets crude oil, natural gas liquids, and... More

Cenovus Energy Upside/Downside Indicators

Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Cenovus Energy's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Cenovus Energy upside and downside potential and time the market with a certain degree of confidence.

Cenovus Energy Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Cenovus Energy's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Cenovus Energy's standard deviation. In reality, there are many statistical measures that can use Cenovus Energy historical prices to predict the future Cenovus Energy's volatility.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Cenovus Energy's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
19.8122.1424.47
Details
Intrinsic
Valuation
LowRealHigh
19.7022.0324.36
Details
19 Analysts
Consensus
LowTargetHigh
18.1019.8922.07
Details
Earnings
Estimates (0)
LowProjected EPSHigh
0.140.220.28
Details

Cenovus Energy February 16, 2026 Technical Indicators

Cenovus Energy Backtested Returns

Cenovus Energy appears to be very steady, given 3 months investment horizon. Cenovus Energy secures Sharpe Ratio (or Efficiency) of 0.14, which signifies that the company had a 0.14 % return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Cenovus Energy, which you can use to evaluate the volatility of the firm. Please makes use of Cenovus Energy's Risk Adjusted Performance of 0.1298, downside deviation of 2.15, and Mean Deviation of 1.82 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Cenovus Energy holds a performance score of 10. The firm shows a Beta (market volatility) of 0.45, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Cenovus Energy's returns are expected to increase less than the market. However, during the bear market, the loss of holding Cenovus Energy is expected to be smaller as well. Please check Cenovus Energy's sortino ratio, skewness, price action indicator, as well as the relationship between the potential upside and rate of daily change , to make a quick decision on whether Cenovus Energy's price patterns will revert.

Auto-correlation

    
  -0.64  

Very good reverse predictability

Cenovus Energy has very good reverse predictability. Overlapping area represents the amount of predictability between Cenovus Energy time series from 18th of November 2025 to 2nd of January 2026 and 2nd of January 2026 to 16th of February 2026. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Cenovus Energy price movement. The serial correlation of -0.64 indicates that roughly 64.0% of current Cenovus Energy price fluctuation can be explain by its past prices.
Correlation Coefficient-0.64
Spearman Rank Test-0.68
Residual Average0.0
Price Variance3.25
A good Operating Margin is required for a company to be able to pay for its fixed costs or payout its debt, which implies that the higher the margin, the better. This ratio is most effective in evaluating the earning potential of a company over time when comparing it against a firm's competitors.
Competition

Cenovus Pretax Profit Margin

Pretax Profit Margin

0.053

At present, Cenovus Energy's Pretax Profit Margin is projected to slightly decrease based on the last few years of reporting.
Based on the recorded statements, Cenovus Energy has an Operating Margin of 0.11%. This is 98.46% lower than that of the Oil, Gas & Consumable Fuels sector and 98.53% lower than that of the Energy industry. The operating margin for all United States stocks is 102.0% lower than that of the firm.

Cenovus Energy Fundamental Drivers Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Cenovus Energy's current stock value. Our valuation model uses many indicators to compare Cenovus Energy value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Cenovus Energy competition to find correlations between indicators driving Cenovus Energy's intrinsic value. More Info.
Cenovus Energy is rated below average in return on equity category among its peers. It is rated below average in return on asset category among its peers reporting about  0.44  of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Cenovus Energy is roughly  2.26 . At present, Cenovus Energy's Return On Equity is projected to slightly decrease based on the last few years of reporting. Comparative valuation analysis is a catch-all technique that is used if you cannot value Cenovus Energy by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.

Cenovus Operating Margin Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Cenovus Energy's direct or indirect competition against its Operating Margin to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Cenovus Energy could also be used in its relative valuation, which is a method of valuing Cenovus Energy by comparing valuation metrics of similar companies.
Cenovus Energy is currently under evaluation in operating margin category among its peers.

Cenovus Energy ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Cenovus Energy's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Cenovus Energy's managers, analysts, and investors.
Environmental
Governance
Social

Cenovus Fundamentals

About Cenovus Energy Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Cenovus Energy's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Cenovus Energy using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Cenovus Energy based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Current Deferred Revenue-4.5 B-4.3 B
Total Revenue66.4 B69.7 B
Cost Of Revenue51.7 B54.3 B
Capex To Revenue 0.11  0.13 
Revenue Per Share 26.43  16.60 
Ebit Per Revenue 0.10  0.07 

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When determining whether Cenovus Energy is a strong investment it is important to analyze Cenovus Energy's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Cenovus Energy's future performance. For an informed investment choice regarding Cenovus Stock, refer to the following important reports:
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For information on how to trade Cenovus Stock refer to our How to Trade Cenovus Stock guide.
You can also try the My Watchlist Analysis module to analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like.
Will Oil, Gas & Consumable Fuels sector continue expanding? Could Cenovus diversify its offerings? Factors like these will boost the valuation of Cenovus Energy. Projected growth potential of Cenovus fundamentally drives upward valuation adjustments. Accurate valuation requires analyzing both current fundamentals and future growth trajectories. Every Cenovus Energy data point contributes insight, yet successful analysis hinges on identifying the most consequential variables.
Quarterly Earnings Growth
0.715
Dividend Share
0.76
Earnings Share
1.27
Revenue Per Share
28.498
Quarterly Revenue Growth
(0.04)
Understanding Cenovus Energy requires distinguishing between market price and book value, where the latter reflects Cenovus's accounting equity. The concept of intrinsic value - what Cenovus Energy's is actually worth based on fundamentals - guides informed investors toward better entry and exit points. Seasoned market participants apply comprehensive analytical frameworks to derive fundamental worth and identify mispriced opportunities. Market sentiment, economic cycles, and investor behavior can push Cenovus Energy's price substantially above or below its fundamental value.
It's important to distinguish between Cenovus Energy's intrinsic value and market price, which are calculated using different methodologies. Investment decisions regarding Cenovus Energy should consider multiple factors including financial performance, growth metrics, competitive position, and professional analysis. In contrast, Cenovus Energy's trading price reflects the actual exchange value where willing buyers and sellers reach mutual agreement.