Cenovus Energy Net Income

CVE Stock  USD 22.57  0.56  2.42%   
As of the 24th of February, Cenovus Energy shows the Risk Adjusted Performance of 0.1287, downside deviation of 2.2, and Mean Deviation of 1.89. 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 22.57 per share. Given that Cenovus Energy has jensen alpha of 0.3808, 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

30.34 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
10.7 B
Profit Margin
0.0791
Market Capitalization
42.6 B
Enterprise Value Revenue
0.8997
Revenue
49.7 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.
Last ReportedProjected for Next Year
Net Income Applicable To Common Shares3.9 B4.1 B
Net Income3.9 B4.1 B
Net Income From Continuing Ops3.6 B3.8 B
Net Income Per Share 2.17  1.24 
Net Income Per E B T 0.88  0.64 
At present, Cenovus Energy's Net Income is projected to increase significantly based on the last few years of reporting. The current year's Net Income From Continuing Ops is expected to grow to about 3.8 B, whereas Net Income Per Share is forecasted to decline to 1.24.
  
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Analyzing Cenovus Energy's Net Income over time reveals critical patterns in financial health and operational efficiency. This metric helps investors evaluate trends, identify inflection points, and make informed decisions based on historical performance. Understanding how Net Income has evolved provides context for assessing Cenovus Energy's current valuation and future prospects.

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.
ViewLast Reported 3.93 B10 Years Trend
Slightly volatile
   Net Income   
       Timeline  

Cenovus Net Income Regression Statistics

Arithmetic Mean1,746,105,323
Coefficient Of Variation136.86
Mean Deviation1,908,699,753
Median1,478,000,000
Standard Deviation2,389,681,107
Sample Variance5710575.8T
Range9.1B
R-Value0.39
Mean Square Error5170205.5T
R-Squared0.15
Significance0.12
Slope184,019,193
Total Sum of Squares91369212.7T

Cenovus Net Income History

20264.1 B
20253.9 B
20243.1 B
20234.1 B
20226.5 B
2021587 M
2020-2.4 B

Other Fundumenentals of Cenovus Energy

Cenovus Energy Net Income component correlations

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.
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
5.966
Dividend Share
0.78
Earnings Share
1.27
Revenue Per Share
27.458
Quarterly Revenue Growth
(0.15)
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
11/26/2025
No Change 0.00  0.0 
In 2 months and 31 days
02/24/2026
0.00
If you would invest  0.00  in Cenovus Energy on November 26, 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
20.3322.7225.11
Details
Intrinsic
Valuation
LowRealHigh
16.9319.3224.81
Details
Naive
Forecast
LowNextHigh
20.7223.1125.50
Details
19 Analysts
Consensus
LowTargetHigh
18.1019.8922.07
Details

Cenovus Energy February 24, 2026 Technical Indicators

Cenovus Energy Backtested Returns

Cenovus Energy appears to be not too volatile, given 3 months investment horizon. Cenovus Energy secures Sharpe Ratio (or Efficiency) of 0.19, which signifies that the company had a 0.19 % return per unit of risk over the last 3 months. We have found thirty 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 2.2, mean deviation of 1.89, and Risk Adjusted Performance of 0.1287 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 15. The firm shows a Beta (market volatility) of -0.29, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Cenovus Energy are expected to decrease at a much lower rate. During the bear market, Cenovus Energy is likely to outperform the market. 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

    
  -0.76  

Almost perfect reverse predictability

Cenovus Energy has almost perfect reverse predictability. Overlapping area represents the amount of predictability between Cenovus Energy time series from 26th of November 2025 to 10th of January 2026 and 10th of January 2026 to 24th 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 -0.76 indicates that around 76.0% of current Cenovus Energy price fluctuation can be explain by its past prices.
Correlation Coefficient-0.76
Spearman Rank Test-0.8
Residual Average0.0
Price Variance2.89
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

424.9 Million

At present, Cenovus Energy's Accumulated Other Comprehensive Income is projected to increase significantly based on the last few years of reporting.
Based on the recorded statements, Cenovus Energy reported net income of 3.93 B. This is 72.85% higher than that of the Oil, Gas & Consumable Fuels sector and 52.35% lower than that of the Energy industry. The net income for all United States 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.
Environmental
Governance
Social

Cenovus Energy Institutional Holders

Institutional Holdings refers to the ownership stake in Cenovus Energy that is held by large financial organizations, pension funds or endowments. Institutions may hold large blocks of Cenovus Energy's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Cenovus Energy's value.
Shares
Smead Capital Management Inc2025-06-30
17.6 M
Dimensional Fund Advisors, Inc.2025-06-30
17.3 M
Arrowstreet Capital Limited Partnership2025-06-30
16.9 M
Canada Pension Plan Investment Board2025-06-30
15.5 M
Bank Of America Corp2025-06-30
14 M
Bank Of Montreal2025-06-30
11.8 M
Bmo Capital Markets Corp.2025-06-30
11.8 M
Cibc World Markets Inc.2025-06-30
11.5 M
Geode Capital Management, Llc2025-06-30
10.9 M
Capital World Investors2025-06-30
184.7 M
Capital Research & Mgmt Co - Division 32025-06-30
61.1 M

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.

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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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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
5.966
Dividend Share
0.78
Earnings Share
1.27
Revenue Per Share
27.458
Quarterly Revenue Growth
(0.15)
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.