Insider buying last 90 days
No open-market insider purchases were filed for CVE in the last 90 days.
From Form 4 filings, dated to when each was filed.
Every CVE insider filing, plotted on the chart in Gekko.Open CVE in Gekko
NYSE: CVE
Cenovus Energy (CVE) Stock Analysis & Forecast
Nov 4 close
$28.39−2.35 (−7.6%)
Gekko Brief
AI summaryNov 4 closeCenovus reported third-quarter 2026 results on 4 November, with net earnings rising to C$3.36 billion and upstream production exceeding one million barrels daily, reaching a record 1,024 MBOE/d. The quarter included record output from Christina Lake and Foster Creek, four major turnarounds completed ahead of schedule and under budget, and adjusted funds flow of approximately $5.0 billion with free funds flow of $3.6 billion. Separately, a Cenovus executive flagged a tight timeline to finalize binding agreements with Ottawa and Alberta on the Pathways carbon storage project by November 15.
Despite the record results, shares closed at $28.39, down 7.6% on the day and sitting between the 50-day average of $32.09 and the 200-day average of $27.68, with a one-month return of -9.1%. The GekkoIndex reads 70.2, placing the stock in the Buying zone, up 12.1 over five days. Price sits 15.4% below Gekko Fair Value of $33.55, and the 52-week range spans $15.63 to $34.16.
No confirmed date is set for the next earnings report. Current data shows no insider, Congress or unusual options activity within their respective 90-day and 30-day windows, and one trailblazer holder is recorded. Consensus analyst target stands at $37.05, implying 30.5% upside per that consensus. Seasonality is a headwind: over the next 20 trading days, the stock has averaged -3.1% across 5 years, rising in just 1 of them, a pattern worth noting alongside the Pathways deadline.
Written by AI from the Nov 4, 2026 close and checked automatically against the figures on this page.
Cenovus Energy price vs fair value
Close $28.39200-day averageGekko Fair Value $33.55
Cenovus Energy quick facts
- Market cap
- $52.36B
- P/E ratio
- 11.8
- Forward P/E
- 9.2
- EPS, TTM
- $2.60
- Revenue, TTM
- $53.86B
- Profit margin
- 12.4%
- Dividend yield
- 2.51%
- Beta
- 0.55
- Volume
- 11.26M avg 6.34M
- 1-year return
- +66.6%
- Typical daily move
- ±4.4%
- Typical 20-day move
- ±7.2%
- 50-day average
- $32.09
- 200-day average
- $27.68
- Next earnings
- —
- Shares outstanding
- 1.84B
Cenovus Energy swing-trade checklist
Cenovus Energy scores 2 supportive, 1 mixed and 1 headwind across the 4 checklist items with data.
Six things swing traders check before a 20-day hold, read from the latest data.
2 supportive1 mixed1 headwind
- Trendmixed
Averages disagree
Close $28.39 sits between the 50-day ($32.09) and 200-day ($27.68) averages, or the averages disagree.
See the chart - GekkoIndexsupportive
70.2, Buying
Reading 70.2 is in the Buying zone.
See the GekkoIndex - Fair valuesupportive
15.4% below
Price is 15.4% below Gekko Fair Value (more than 5% below).
See fair value - Smart moneyno data
No data
No insider, Congress or unusual options activity in the window.
See smart money - Earnings riskno data
No data
No confirmed report date on the calendar.
See earnings - Seasonalityheadwind
−3.1% on average
From this point in the calendar, the next 20 trading days averaged −3.1% over 5 years, rising in 1 of them.
See seasonality
A description of current data, not a recommendation. How this page works
Cenovus Energy stock chart and price history
Cenovus Energy closed at $28.39 on Nov 4, 2026, +66.6% over the past year, inside a 52-week range of $15.63 to $34.16.
Close50-day average200-day averageVolume
Use the left and right arrow keys to read daily values.
Performance Breakdown
- 1 month
- −9.1%
- 3 months
- +0.5%
- 6 months
- −2.1%
- 1 year
- +66.6%
The full CVE chart adds GekkoIndex, insider, options, Congress and hedge fund markers, plus TrendCandles™.Open CVE in Gekko
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About Cenovus Energy
Cenovus Energy works across the full chain of oil and gas, from finding and pulling crude, natural gas liquids and natural gas out of the ground to processing and selling them. It is known for its heavy oil and bitumen operations in northern Alberta and Saskatchewan, running projects such as Foster Creek, Christina Lake, Sunrise and Tucker alongside its Lloydminster thermal and conventional heavy oil business.
The company runs its business through six segments. Oil Sands covers bitumen and heavy oil production, while Conventional holds assets in Alberta and British Columbia along with natural gas processing plants. An Offshore segment handles exploration and development. Canadian Manufacturing runs the Lloydminster upgrading and asphalt complex, the Bruderheim rail terminal and two ethanol plants, turning heavy oil into synthetic crude, diesel, asphalt and related goods. U.S. Manufacturing refines crude into diesel, gasoline, jet fuel, asphalt and other products, and Retail sells its own and third-party petroleum products through retail, commercial, bulk and wholesale outlets. Its activities reach across Canada, the United States and the Asia Pacific region.
Cenovus Energy was founded in 2009 and is headquartered in Calgary, Canada. Its shares trade on the NYSE under the ticker CVE.
- Listed
- NYSE
- Sector
- Energy minerals
- Industry
- Integrated oil
- Website
- cenovus.com
Cenovus Energy GekkoIndex: the smart money zone
Cenovus Energy’s GekkoIndex — Gekko’s 0 to 100 smart money score — reads 70.2, in the Buying zone, up 12.1 points over five sessions.
70.2Buying
Up 12.1 points over five sessions, from the Neutral zone.
Reading for Nov 4, 2026
What followed past readings in each zone
| Zone | Readings | 5 days | 20 days | ||
|---|---|---|---|---|---|
| Buying (current zone) | 33 | +4.3% | +6.3% | ||
| Accumulation | 187 | +0.4% | +2.0% | ||
| Neutral | 433 | +0.7% | +2.4% | ||
| Distribution | 43 | −0.6% | +3.9% | ||
| Selling | 1 | Too few readings yet | |||
Average CVE share-price change over the trading days after each daily reading in its GekkoIndex history. Across every stock Gekko tracks, Buying readings averaged +3.0% over 20 days. Past behaviour doesn’t guarantee future results.
Buying zone: Smart money likely accumulating heavily. About the five zones →
See every daily GekkoIndex reading plotted over the CVE price, zone by zone.Track CVE in Gekko
Is Cenovus Energy stock overvalued? Gekko Fair Value
Cenovus Energy trades 15.4% below Gekko Fair Value of $33.55, so the shares are undervalued on Gekko’s estimate.
Gekko’s own estimate of what Cenovus Energy shares are worth, recalculated every trading day.
$33.55
Gekko Fair Value, Nov 4, 2026
15.4% Undervalued
At the end of Aug 2026 the price was 4.8% below the estimate.
Gekko Fair ValueShare price, month end
Gekko Fair Value on every chart, with the gap to price updating daily.Open CVE in Gekko
Cenovus Energy insider and Congress trading
No open-market insider purchases were filed for Cenovus Energy, and no Congress trades were disclosed, in the last 90 days.
Plus buybacks, unusual options and fund positions, each dated to when it became public.
Congress trades last 90 days
No trades in CVE were disclosed by members of Congress in the last 90 days.
From congressional disclosures, which report amounts as ranges.
Congress disclosures for CVE, plotted on the chart in Gekko.Open CVE in Gekko
Hedge funds and billionaires quarter ended Jun 30
1of the funds Gekko tracks holds CVE.
1added0opened0trimmed0sold out
Which funds are on each side, name by name.Unlock in Gekko
Cenovus Energy earnings: next date and track record
Cenovus Energy beat the EPS estimate in 5 of its last 8 reports, moving 5.8% on average across the report.
5 of 8reports beat the EPS estimate
±5.8%average move across the report
4 of 8reports followed by a gain
Share-price move across each report
Last earnings call, Jul 29, 2026 AI summary
- What they said
- Cenovus delivered its best quarterly financial result ever in Q2 2026, with upstream production averaging 970,000 BOE/day and oil sands production exceeding 786,000 barrels/day, both quarterly records. Christina Lake hit an all-time high of 372,000 barrels/day, supported by Narrows Lake ramping ahead of schedule at 80,000+ barrels/day. The Foster Creek sulfur recovery project was completed on time and on budget, reducing operating costs by $0.50-$0.75/barrel.
- Guidance
- July production is tracking above 1 million BOE/day, a company first. Christina Lake North is expected to reach 150,000 barrels/day by 2028. Optimized turnaround schedules are projected to yield 1.2 million more barrels than budgeted for the year.
| Reported | EPS | Revenue | Move |
|---|---|---|---|
| Jul 29, 2026 | $1.11 est $1.11 | $14.59B est $11.87B | +9.6% |
| May 6, 2026 | $0.65 est $0.55 | $8.47B est $9.47B | −6.5% |
| Feb 19, 2026 | $0.36 est $0.28 | $9.42B est $8.64B | +1.4% |
| Oct 31, 2025 | $0.55 est $0.34 | $9.46B est $11.04B | +1.7% |
| Jul 31, 2025 | $0.33 est $0.14 | $9.04B est $11.39B | −1.6% |
| May 8, 2025 | $0.32 est $0.29 | $9.97B est $12.60B | +12.6% |
| Feb 20, 2025 | $0.05 est $0.16 | — est $11.08B | −6.7% |
| Oct 31, 2024 | $0.30 est $0.31 | $10.50B est $10.18B | −6.0% |
“Move” is the close of the first session after the report compared with the close of the last session before it, so it reads the same whether the company reported before the open or after the close.
Cenovus Energy stock forecast and analyst price targets
Analysts’ average 12-month price target for Cenovus Energy is $37.05, +30.5% from the last close.
$37.05consensus 12-month target, +30.5% from the last close
+6.3%average 20-day move after past Buying readings
−3.1%average move over the next 20 trading days in the last 5 years
±4.4%typical daily move, from the 14-day average range
Gekko doesn’t publish price predictions. These are analyst targets and historical base rates, which don’t guarantee future results.
Cenovus Energy seasonality: the next 20 trading days
Over the next 20 trading days from Nov 4, Cenovus Energy averaged −3.1% across the last 5 years, rising in 1 of them.
Next 20 trading days, by year
Average move and hit rate
| Window | Average | Years higher |
|---|---|---|
| Next 5 trading days | +1.9% | 3 of 5 |
| Next 10 trading days | +0.8% | 2 of 5 |
| Next 15 trading days | −2.5% | 2 of 5 |
| Next 20 trading days | −3.1% | 1 of 5 |
| Next 30 trading days | −9.0% | 1 of 5 |
For scale, CVE’s typical 20-trading-day move in either direction is about 7.2%.
Cenovus Energy market cap and key statistics
Cenovus Energy’s market cap is $52.36B, with a P/E ratio of 11.8 and revenue of $53.86B over the last twelve months.
Valuation
- Market cap
- $52.36B
- P/E ratio
- 11.8
- Forward P/E
- 9.2
- EPS, TTM
- $2.60
- Gekko Fair Value
- $33.55
Trading
- Volume
- 11.26M
- Avg volume, 20 days
- 6.34M
- 52-week high
- $34.16
- 52-week low
- $15.63
- Shares outstanding
- 1.84B
Financials
- Revenue, TTM
- $53.86B
- Profit margin
- 12.4%
- Return on equity
- 20.9%
- Quarterly earnings growth, YoY
- +239.1%
Risk and income
- Beta
- 0.55
- Typical daily move
- ±4.4%
- Typical 20-day move
- ±7.2%
- Dividend yield
- 2.51%
Cenovus Energy stock news this week
Coverage of Cenovus Energy this week reads positive: 9 positive, 4 neutral and 2 negative headlines.
- Cenovus Energy Inc. (CVE:CA) Q3 2026 Earnings Call TranscriptSeeking Alpha, Nov 4
- Cenovus Q3 earnings rise to C$3.36 billiongrafa.com, Nov 4
- Record production accompanies higher Q3 earnings at Cenovus Energy (CVE).Stock Titan, Nov 4
- Cenovus Energy Q3 2026 Earnings Call TranscriptBenzinga, Nov 4
- Cenovus Energy (CVE) Tops Q3 Earnings EstimatesZacks Investment Research, Nov 4
- |‘Tight timeline’ to nail down trade-offs in Pathways deals, Cenovus executive saysBNN Bloomberg, Nov 4
Cenovus Energy peers
Cenovus Energy’s 6 largest industry peers by market value, with today’s move, GekkoIndex zone and gap to Gekko Fair Value.
| Stock | GekkoIndex zone | vs Fair Value |
|---|---|---|
| XOMExxon Mobil | Neutral | 10.4% above |
| CVXChevron | Neutral | 4.7% above |
| TTETotalEnergies | Neutral | 31.5% below |
| CNQCanadian Natural Resources | Accumulation | 23.9% below |
| SUSuncor Energy | Accumulation | 23.7% below |
| EOGEOG Resources | Accumulation | 27.1% below |
A peer links to its own page where one exists.
Cenovus Energy stock FAQ
What is Cenovus Energy’s market cap?
Cenovus Energy’s market cap is $52.36B at the Nov 4, 2026 close of $28.39, with 1.84B shares outstanding. The shares trade on a P/E ratio of 11.8.
What is the Cenovus Energy stock forecast?
The consensus analyst 12-month price target for Cenovus Energy is $37.05, +30.5% from the last close. Gekko doesn’t publish price predictions of its own.
Is Cenovus Energy stock overvalued or undervalued?
On Gekko’s estimate Cenovus Energy is undervalued: the Nov 4, 2026 close of $28.39 is 15.4% below Gekko Fair Value of $33.55. Gekko Fair Value is recalculated every trading day, and a gap inside 5% either way counts as about fair value.
What is Cenovus Energy’s 52-week high and low?
Cenovus Energy’s 52-week high is $34.16 and its 52-week low is $15.63; it closed at $28.39 on Nov 4, 2026, +66.6% over the past year.
Is Cenovus Energy stock a buy right now?
Gekko describes the data; it does not make buy or sell recommendations. On the swing-trade checklist, 2 of the 4 items with data read as supportive (gekkoindex and fair value), 1 as mixed (trend) and 1 as a headwind (seasonality). The checklist is a description of current data, not a recommendation.
How this page works
During US trading hours the price at the top of the page is a delayed quote, refreshed every 15 minutes; everything else is rebuilt after each US market close. The GekkoIndex, Gekko Fair Value and the checklist are Gekko’s own, and the Gekko Brief is written by AI from this page’s data and checked against it before it is published. How Gekko’s data works →
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