Cenovus Energy Stock Net Income
| CVE Stock | CAD 31.68 1.23 4.04% |
As of the 19th of February, Cenovus Energy shows the Mean Deviation of 1.78, risk adjusted performance of 0.1241, and Downside Deviation of 2.08. 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.
Cenovus Energy Total Revenue |
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Gross Profit | Profit Margin | Market Capitalization | Enterprise Value Revenue 1.1737 | Revenue |
| Last Reported | Projected for Next Year | ||
| Net Income | 3.6 B | 3.8 B | |
| Net Income From Continuing Ops | 3.6 B | 3.8 B | |
| Net Income Applicable To Common Shares | 3.6 B | 3.8 B | |
| Net Income Per Share | 1.96 | 1.18 | |
| Net Income Per E B T | 0.69 | 0.63 |
Cenovus | Net Income |
Evaluating Cenovus Energy's Net Income across multiple reporting periods reveals the company's ability to sustain growth and manage resources effectively. This longitudinal analysis highlights inflection points, cyclical patterns, and structural changes that short-term snapshots might miss, offering deeper insight into Cenovus Energy's fundamental strength.
Latest Cenovus Energy's Net Income Growth Pattern
Below is the plot of the Net Income of Cenovus Energy over the last few years. Net income is one of the most important fundamental items in finance. It plays a large role in Cenovus Energy financial statement analysis. It represents the amount of money remaining after all of Cenovus Energy operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue. It is Cenovus Energy's Net Income historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Cenovus Energy's overall financial position and show how it may be relating to other accounts over time.
| View | Last Reported 3.14 B | 10 Years Trend |
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Net Income |
| Timeline |
Cenovus Net Income Regression Statistics
| Arithmetic Mean | 1,619,192,099 | |
| Coefficient Of Variation | 144.45 | |
| Mean Deviation | 1,800,438,693 | |
| Median | 1,478,000,000 | |
| Standard Deviation | 2,338,865,722 | |
| Sample Variance | 5470292.9T | |
| Range | 9.3B | |
| R-Value | 0.39 | |
| Mean Square Error | 4939220.5T | |
| R-Squared | 0.15 | |
| Significance | 0.12 | |
| Slope | 181,472,585 | |
| Total Sum of Squares | 87524685.9T |
Cenovus Net Income History
Cenovus Net Income 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 Net Income. 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.
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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.
| 11/21/2025 |
| 02/19/2026 |
If you would invest 0.00 in Cenovus Energy on November 21, 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 Enbridge, Imperial Oil, Suncor Energy, Pembina Pipeline, Tourmaline Oil, TC Energy, and ARC Resources. 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.
| Downside Deviation | 2.08 | |||
| Information Ratio | 0.1278 | |||
| Maximum Drawdown | 8.84 | |||
| Value At Risk | (2.91) | |||
| Potential Upside | 4.15 |
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.| Risk Adjusted Performance | 0.1241 | |||
| Jensen Alpha | 0.3159 | |||
| Total Risk Alpha | 0.2202 | |||
| Sortino Ratio | 0.1381 | |||
| Treynor Ratio | 1.39 |
Cenovus Energy February 19, 2026 Technical Indicators
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | 0.1241 | |||
| Market Risk Adjusted Performance | 1.4 | |||
| Mean Deviation | 1.78 | |||
| Semi Deviation | 1.86 | |||
| Downside Deviation | 2.08 | |||
| Coefficient Of Variation | 673.11 | |||
| Standard Deviation | 2.25 | |||
| Variance | 5.07 | |||
| Information Ratio | 0.1278 | |||
| Jensen Alpha | 0.3159 | |||
| Total Risk Alpha | 0.2202 | |||
| Sortino Ratio | 0.1381 | |||
| Treynor Ratio | 1.39 | |||
| Maximum Drawdown | 8.84 | |||
| Value At Risk | (2.91) | |||
| Potential Upside | 4.15 | |||
| Downside Variance | 4.35 | |||
| Semi Variance | 3.46 | |||
| Expected Short fall | (2.01) | |||
| Skewness | 0.127 | |||
| Kurtosis | (0.09) |
Cenovus Energy Backtested Returns
Cenovus Energy appears to be very steady, given 3 months investment horizon. Cenovus Energy secures Sharpe Ratio (or Efficiency) of 0.18, which signifies that the company had a 0.18 % 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 Downside Deviation of 2.08, risk adjusted performance of 0.1241, and Mean Deviation of 1.78 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 14. The firm shows a Beta (market volatility) of 0.23, which signifies not very significant fluctuations relative to the market. 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 total risk alpha, downside variance, daily balance of power, as well as the relationship between the maximum drawdown and skewness , to make a quick decision on whether Cenovus Energy's price patterns will revert.
Auto-correlation | -0.7 |
Very good reverse predictability
Cenovus Energy has very good reverse predictability. Overlapping area represents the amount of predictability between Cenovus Energy time series from 21st of November 2025 to 5th of January 2026 and 5th of January 2026 to 19th 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 -0.7 indicates that around 70.0% of current Cenovus Energy price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.7 | |
| Spearman Rank Test | -0.74 | |
| Residual Average | 0.0 | |
| Price Variance | 4.39 |
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
| Competition |
Cenovus Accumulated Other Comprehensive Income
Accumulated Other Comprehensive Income |
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Based on the recorded statements, Cenovus Energy reported net income of 3.14 B. This is 38.3% higher than that of the Oil, Gas & Consumable Fuels sector and 61.87% lower than that of the Energy industry. The net income for all Canada stocks is significantly lower than that of the firm.
Cenovus Net Income 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 Net Income 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 net income 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.Environment Score | Governance Score | Social Score |
Cenovus Fundamentals
| Return On Equity | 0.11 | ||||
| Return On Asset | 0.048 | ||||
| Profit Margin | 0.06 % | ||||
| Operating Margin | 0.11 % | ||||
| Current Valuation | 64.64 B | ||||
| Shares Outstanding | 1.89 B | ||||
| Shares Owned By Insiders | 29.28 % | ||||
| Shares Owned By Institutions | 56.18 % | ||||
| Number Of Shares Shorted | 15.29 M | ||||
| Price To Earning | 10.52 X | ||||
| Price To Book | 2.00 X | ||||
| Price To Sales | 1.11 X | ||||
| Revenue | 54.28 B | ||||
| Gross Profit | 10.17 B | ||||
| EBITDA | 9.56 B | ||||
| Net Income | 3.14 B | ||||
| Cash And Equivalents | 3.69 B | ||||
| Cash Per Share | 1.91 X | ||||
| Total Debt | 10.63 B | ||||
| Debt To Equity | 0.54 % | ||||
| Current Ratio | 1.73 X | ||||
| Book Value Per Share | 16.02 X | ||||
| Cash Flow From Operations | 9.23 B | ||||
| Short Ratio | 1.49 X | ||||
| Earnings Per Share | 1.73 X | ||||
| Price To Earnings To Growth | 0.28 X | ||||
| Target Price | 29.18 | ||||
| Number Of Employees | 7.15 K | ||||
| Beta | 0.61 | ||||
| Market Capitalization | 57.44 B | ||||
| Total Asset | 56.54 B | ||||
| Retained Earnings | 10.51 B | ||||
| Working Capital | 3.07 B | ||||
| Current Asset | 6.47 B | ||||
| Current Liabilities | 1.86 B | ||||
| Annual Yield | 0.03 % | ||||
| Five Year Return | 1.61 % | ||||
| Net Asset | 56.54 B | ||||
| Last Dividend Paid | 0.76 |
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.
Pair Trading with Cenovus Energy
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Cenovus Energy position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Cenovus Energy will appreciate offsetting losses from the drop in the long position's value.Moving together with Cenovus Stock
Moving against Cenovus Stock
| 0.47 | SAGE | Sage Potash Corp Earnings Call This Week | PairCorr |
| 0.44 | ENS-PA | E Split Corp | PairCorr |
| 0.38 | TD-PFI | Toronto Dominion Bank Earnings Call This Week | PairCorr |
The ability to find closely correlated positions to Cenovus Energy could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Cenovus Energy when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Cenovus Energy - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Cenovus Energy to buy it.
The correlation of Cenovus Energy is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Cenovus Energy moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Cenovus Energy moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Cenovus Energy can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Cenovus Energy. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in inflation. To learn how to invest in Cenovus Stock, please use our How to Invest in Cenovus Energy guide.You can also try the CEOs Directory module to screen CEOs from public companies around the world.