Cenovus Energy Inc
Research Cenovus Energy Inc (CVE) on Bullrun: valuation model: 27.2% overvalued, market cap USD 57.91B, P/E 12.1, dividend yield 1.5%. Explore financials, valuation history, model signals, and stock context.
Key Metrics
- TickerCVE
- ExchangeNYSE
- CountryCanada
- SectorEnergy
- IndustryOil & Gas Integrated
- CurrencyUSD
- Valuation signal27.2% overvalued
- Market capUSD 57.91B
- P/E12.1
- Dividend yield1.5%
- Financial periodQ2 2026
- RevenueCAD 19.09B
- Net incomeCAD 2.87B
- Free cash flowCAD 4.44B
- Gross margin30.9%
Valuation Snapshot
Bullrun's latest valuation model marks Cenovus Energy Inc as 27.2% overvalued; latest market cap is USD 57.91B; P/E is 12.1; dividend yield is 1.5%.
Peer valuation comparison
Latest P/E is 12.11x versus a Energy sector median of 15.51x (21.9% below).
Latest dividend yield is 1.45% versus a Energy sector median of 3.62% (59.9% below).
Five-year financial history
| Year | Revenue | Net income | Free cash flow | Gross margin | Diluted EPS | Cash | Total debt | Equity |
|---|---|---|---|---|---|---|---|---|
| FY2025 | CAD 52.75B | CAD 3.93B | CAD 3.32B | 22.4% | 2.15 | CAD 2.74B | CAD 14.21B | CAD 31.62B |
| FY2024 | CAD 57.73B | CAD 3.14B | CAD 4.22B | 22.1% | 1.67 | CAD 3.09B | CAD 10.63B | CAD 29.75B |
| FY2023 | CAD 55.47B | CAD 4.11B | CAD 3.09B | 22.9% | 2.12 | CAD 2.23B | CAD 9.95B | CAD 28.70B |
| FY2022 | CAD 71.77B | CAD 6.45B | CAD 7.65B | 23.9% | 3.2 | CAD 4.52B | CAD 11.64B | CAD 27.58B |
Valuation history
| Year | Snapshot date | Market cap | P/E | Dividend yield | Annual dividend/share |
|---|---|---|---|---|---|
| 2026 | 2026-10-09 | USD 57.91B | 12.1 | 1.5% | 0.46 |
| 2025 | 2025-12-31 | USD 31.87B | 11.0 | n/a | n/a |
| 2024 | 2024-12-31 | USD 27.62B | 12.6 | 3.0% | 0.46 |
| 2023 | 2023-12-29 | USD 31.35B | 10.5 | 2.3% | 0.39 |
| 2022 | 2022-12-30 | USD 37.25B | 9.6 | 1.7% | 0.33 |
| 2021 | 2021-12-31 | USD 24.57B | 55.8 | 0.5% | 0.06 |
Dividend history
Latest trailing dividend snapshot: annual dividend/share 0.46 USD, yield 1.5%.
| Year | Dividends/share |
|---|---|
| FY2024 | 0.46 CAD |
| FY2023 | 0.39 CAD |
| FY2022 | 0.33 CAD |
About Cenovus Energy Inc
Cenovus Energy Inc., together with its subsidiaries, develops, produces, refines, transports, and markets crude oil, natural gas, and refined petroleum products in Canada, the United States, and China. It operates through Upstream and Downstream segments. The company is involved in the development and production of bitumen and heavy oil; owns and operates pipeline gathering systems and terminals; operation of assets rich in NGLs and natural gas in Alberta and British Columbia;
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Frequently asked questions
Is Cenovus Energy Inc overvalued or undervalued?
Bullrun's valuation model currently marks Cenovus Energy Inc as 27.2% overvalued.
What is Cenovus Energy Inc's market cap?
Cenovus Energy Inc's market capitalization is USD 57.91B.
What is Cenovus Energy Inc's P/E ratio?
Cenovus Energy Inc's price-to-earnings (P/E) ratio is 12.1.
Does Cenovus Energy Inc pay a dividend?
Cenovus Energy Inc has a dividend yield of 1.5%.
What does Cenovus Energy Inc do?
Cenovus Energy Inc., together with its subsidiaries, develops, produces, refines, transports, and markets crude oil, natural gas, and refined petroleum products in Canada, the United States, and China. It operates through Upstream and Downstream segments.