Cenovus Energy Inc

Cenovus Energy Inc

Cenovus Energy is a Canadian integrated petroleum company that explores for, develops, and produces oil and natural gas.

Stock Performance Snapshot

Buy

Analyst Rating

Analysts recommend buying Cenovus Energy's stock with a target price of $19.61, indicating good potential growth.

Above Average

Financial Health

Cenovus Energy is performing well with solid profits and cash flow, indicating strong business health.

Average

Dividend

Cenovus Energy's dividend yield of 4.13% offers a decent return for income-focused investors. If you invested $1000 you would be paid $57 a year in dividends (based on the last 12 months).

Source: Analyst sentiment is provided by Refinitiv Ltd, a global leader in financial market data with over 40k business clients. Refinitiv Ltd is an independent third party to Nemo. This is not advice.

Baskets Featuring CVE

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Inflation Resilience Portfolio Explained

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Published: September 27, 2025

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Oil Price Shift Overview: OPEC+ Production Strategy

Oil Price Shift Overview: OPEC+ Production Strategy

OPEC+'s decision to increase oil production is set to lower global prices, pressuring U.S. shale producers while defending its own market share. This scenario creates a potential investment opportunity in fuel-dependent sectors like transportation and manufacturing that stand to gain from reduced energy costs.

Published: September 9, 2025

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Canada Domestic Champions Explained | Trade War Shield

Canada Domestic Champions Explained | Trade War Shield

Recent U.S. tariffs have caused a contraction in Canada's export-driven economy, creating a unique investment opportunity. This theme focuses on Canadian companies that serve the domestic market and are insulated from international trade disputes.

Published: August 30, 2025

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North American Trade Normalization

North American Trade Normalization

Canada has lifted retaliatory tariffs on a wide range of U.S. products, a significant step toward normalizing trade relations. This creates a favorable investment landscape for American companies in sectors like apparel and consumer goods that export to Canada.

Published: August 24, 2025

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Indigenous Equity In Canadian Energy

Indigenous Equity In Canadian Energy

Cenovus Energy is pursuing a joint acquisition of MEG Energy in partnership with a coalition of Canadian Indigenous groups. This potential deal signals a new era of Indigenous co-ownership in the energy sector, creating opportunities for companies that support these evolving large-scale projects.

Published: August 13, 2025

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Canada's New Energy Alliance

Canada's New Energy Alliance

Cenovus Energy is partnering with Canadian Indigenous groups to acquire a stake in MEG Energy, signaling a new collaborative approach to resource development. This could create opportunities for companies integral to the Canadian oil sands infrastructure and operations.

Published: August 13, 2025

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Oil's Ascent

Oil's Ascent

WTI crude oil prices have climbed to their highest levels since April, creating promising opportunities in the energy sector. These carefully selected stocks are positioned to benefit directly from sustained higher oil prices, giving you access to potential growth in this important market.

Published: July 1, 2025

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Why You’ll Want to Watch This Stock

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Oil-price sensitivity

Cenovus’s earnings and cash flow move with crude and gas prices, so commodity cycles can drive returns — though prices are unpredictable.

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Canadian operations focus

Heavy activity in Alberta oil sands and North American markets ties the business to regional regulations and infrastructure; regulatory change can affect costs.

Integrated model benefits

Refining and marketing can smooth revenue swings from production alone, but refinery margins and operational issues still add complexity and risk.

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6% Interest on Cash

Earn 6% AER on uninvested cash with daily interest payments.

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