US · CVE
Cenovus Energy Inc.
- Sector
- Energy · Oil & Gas Integrated
- Headquarters
- Calgary, AB T2P 0M5
- Website
- cenovus.com
Price · as of 2025-12-31
$29.27
Market cap 42.09B
Valuation summary
Four models, one snapshot. Upside is target ÷ current − 1.
| Valuation method | Value, $ | Upside, % |
|---|---|---|
| Artificial Intelligence(AI) | $11.20 | -61.74% |
| Intrinsic Value(DCF) | $9.15 | -68.74% |
| Graham-Dodd Method(GD) | $10.60 | -63.79% |
| Graham Formula(GF) | — | — |
Valuation history
Annual price (USD per share) overlaid with each model's fair value. Y-axis is log scale.
| Year | Price | AI | DCF | Graham-Dodd | Graham Formula |
|---|---|---|---|---|---|
| 2011 | $27.62 | $25.20 | $5.52 | $6.30 | $43.10 |
| 2012 | $23.83 | $18.08 | $0.60 | $3.80 | $13.40 |
| 2013 | $20.58 | $18.64 | $2.51 | $1.40 | $11.10 |
| 2014 | $13.40 | $12.39 | $0.61 | $1.50 | $9.60 |
| 2015 | $11.03 | $10.24 | $1.34 | $6.40 | $0.00 |
| 2016 | $10.26 | $10.11 | $1.33 | $5.30 | $0.00 |
| 2017 | $7.05 | $9.90 | $0.53 | $20.20 | $137.30 |
| 2018 | $7.18 | $5.99 | $24.88 | $0.00 | $0.00 |
| 2019 | $5.24 | $11.47 | $33.10 | $14.00 | $5.50 |
| 2020 | $7.66 | $13.37 | $0.00 | $0.80 | $31.40 |
| 2021 | $14.68 | $26.20 | $1,879.92 | $7.10 | $51.70 |
| 2022 | $17.00 | $26.77 | $8,895.63 | $15.80 | $125.60 |
| 2023 | $16.73 | $15.87 | $1,660.70 | $11.70 | $0.00 |
| 2024 | $12.49 | $11.82 | $76.94 | $7.50 | $14.50 |
| 2025 | $22.88 | $15.61 | $0.43 | $10.60 | $0.00 |
AI valuation
Our deep-learning model estimates Cenovus Energy Inc.'s (CVE) per-share fair value from quarterly fundamentals, sector trend, and historical valuation patterns.
- AI fair value
- $11.20
- Current price
- $29.27
- AI upside
- -61.74%
Methodology and confidence bands appear in the dedicated valuation theory section. The AI score is an estimate, not a recommendation.
Intrinsic value (DCF)
Open DCF calculatorThree textbook valuation models, recomputed daily from the latest financial statements. The DCF uses our Chepakovich model. Graham-Dodd and Graham Formula are conservative reference points.
DCF
$9.15
-68.74% upside
Graham-Dodd
$10.60
-63.79% upside
Graham Formula
—
— upside
Peer comparison
Same-industry comparables, ranked by market cap.
| Basic Info | Model Valuation | Core Valuation | Profitability | Leverage & Liquidity | Growth | Cash Flow | Dividends | Enterprise Value | Risk | ||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Ticker | Company Name | Price | Market Cap | AI Upside | DCF Upside | GD Upside | GF Upside | P/E | P/B | P/S | EV/EBITDA | PEG | P/TBV | Gross Margin | Operating Margin | Net Margin | ROE | ROIC | ROA | Debt/Equity | Interest Coverage | Current Ratio | Quick Ratio | Net Debt/EBITDA | EPS Growth | Sales Growth | FCF Growth | FCF Yield | Op Cash Flow Ratio | Cash ROIC | Dividend Yield | Dividend Payout | Shareholder Yield | EV/EBIT | EV/FCF | EV/Sales | Altman Z-Score |
| CVE | Cenovus Energy Inc. | $29.27 | 42.09B | -47% | -69% | -64% | — | 14.73 | 1.83 | 1.17 | 6.95 | 51.26 | 2.02 | 10.46% | 8.82% | 7.91% | 12.80% | 9.25% | 6.55% | 0.54 | 9.39 | 1.57 | 0.98 | 1.38 | 2874.00% | -1398.00% | -1931.00% | 5.89% | 1.30 | 8.19% | 2.48% | 36.60% | 6.80% | 16.46 | 21.18 | 1.45 | 2.44 |
| CQP | Cheniere Energy Partners,… | $61.30 | 29.67B | -16% | -43% | — | +209% | 11.97 | 9.57 | 2.81 | 10.09 | 26.50 | 9.57 | 34.35% | 34.45% | 27.77% | 101.35% | 21.58% | 14.46% | 4.65 | 4.92 | 0.78 | 0.64 | 3.27 | 4518.00% | 2360.00% | -871.00% | 8.51% | 1.62 | 14.96% | 6.84% | 81.80% | 8.16% | 12.06 | 17.39 | 4.15 | 2.36 |
| EQT | EQT Corporation | $61.42 | 38.34B | -41% | -42% | -32% | +318% | 16.55 | 1.62 | 4.24 | 7.87 | 2.34 | 1.79 | 48.86% | 34.70% | 22.48% | 10.49% | 8.04% | 5.70% | 0.33 | 7.18 | 0.76 | 0.64 | 1.31 | 70732.00% | 7374.00% | 39498.00% | 7.37% | 2.06 | 9.27% | 1.01% | 16.80% | 4.84% | 14.67 | 16.28 | 5.09 | 2.19 |
| EXE | Expand Energy Corporation | $107.92 | 25.94B | +36% | +602% | -37% | +1,154% | 14.15 | 1.39 | 2.21 | 5.94 | — | 1.39 | 46.51% | 17.49% | 15.62% | 10.07% | 7.10% | 6.48% | 0.27 | 8.67 | 1.01 | 0.88 | 0.87 | -26637.00% | 17595.00% | 2288750.00% | 7.14% | 1.58 | 8.04% | 2.97% | 42.10% | 7.80% | 14.65 | 16.23 | 2.56 | 2.48 |
| FSLR | First Solar, Inc. | $197.20 | 21.16B | -30% | -59% | -19% | +125% | 14.02 | 2.25 | 4.11 | 8.85 | 76.97 | 2.27 | 40.62% | 30.59% | 29.28% | 17.45% | 21.92% | 12.01% | 0.05 | 36.18 | 2.67 | 1.84 | -1.07 | 1822.00% | 2409.00% | -48537.00% | 5.54% | 0.91 | 16.86% | 0.00% | 0.00% | 6.62% | 11.95 | 16.07 | 3.65 | 4.53 |
| HAL | Halliburton Company | $36.00 | 30.3B | -14% | -60% | -83% | -79% | 23.36 | 2.88 | 1.36 | 11.89 | — | 4.01 | 15.76% | 11.95% | 5.78% | 12.32% | 11.71% | 5.11% | 0.78 | 6.34 | 2.04 | 1.28 | 1.95 | -4700.00% | -331.00% | -3099.00% | 5.54% | 0.52 | 10.12% | 1.92% | 44.80% | 6.01% | 13.61 | 21.59 | 1.63 | 3.61 |
| PBA | Pembina Pipeline Corporat… | $43.99 | 25.56B | -18% | -50% | — | -42% | 23.63 | 2.39 | 5.15 | 16.67 | — | 3.84 | 38.36% | 36.11% | 21.78% | 9.88% | 7.11% | 4.74% | 0.79 | 4.79 | 0.61 | 0.46 | 4.13 | -1133.00% | 534.00% | 1018.00% | 6.22% | 1.60 | 8.21% | 4.43% | 104.60% | 4.43% | 18.95 | 21.39 | 6.84 | 1.73 |
| SU | Suncor Energy Inc. | $56.52 | 68.36B | -7% | -31% | -70% | -71% | 16.64 | 2.18 | 2.01 | 6.99 | 604.26 | 2.36 | 59.08% | 31.67% | 12.10% | 13.20% | 19.97% | 6.58% | 0.41 | 20.86 | 1.39 | 0.89 | 0.91 | 275.00% | -351.00% | -2699.00% | 7.03% | 1.25 | 11.98% | 2.85% | 47.50% | 6.03% | 7.30 | 16.35 | 2.31 | 2.85 |
| TRGP | Targa Resources Corp. | $235.80 | 50.62B | -24% | -57% | -100% | -60% | 27.98 | 16.79 | 3.01 | 14.17 | 57.76 | 36.37 | 26.51% | 20.11% | 10.76% | 65.06% | 14.65% | 7.68% | 5.68 | 4.04 | 0.67 | 0.46 | 3.56 | 4843.00% | 306.00% | -1459.00% | 1.13% | 1.10 | 3.15% | 1.59% | 44.40% | 2.83% | 19.96 | 117.76 | 4.01 | 2.61 |
| WDS | Woodside Energy Group Ltd | $20.48 | 38.83B | +15% | -36% | -60% | -52% | 14.93 | 1.13 | 3.13 | 5.15 | — | 1.31 | 34.94% | 29.81% | 20.93% | 7.62% | 6.35% | 4.25% | 0.38 | 351.45 | 1.59 | 1.27 | 0.85 | -2406.00% | -148.00% | -18275.00% | -1.93% | 1.33 | -1.81% | 4.96% | 74.00% | 5.09% | 12.50 | -61.84 | 3.72 | 1.49 |
About Cenovus Energy Inc.
Cenovus Energy Inc., together with its subsidiaries, develops, produces, and markets crude oil, natural gas liquids, and natural gas in Canada, the United States, and the Asia Pacific region. The company operates through Oil Sands, Conventional, Offshore, Canadian Manufacturing, U.S. Manufacturing, and Retail segments. The Oil Sands segment develops and produces bitumen and heavy oil in northern Alberta and Saskatchewan. This segments Foster Creek, Christina Lake, Sunrise, and Tucker oil sands projects, as well as Lloydminster thermal and conventional heavy oil assets The Conventional segment holds assets primarily located in Elmworth-Wapiti, Kaybob-Edson, Clearwater, and Rainbow Lake operating in Alberta and British Columbia, as well as interests in various natural gas processing facilities. The offshore segment engages in the exploration and development activities. The Canadian Manufacturing segment includes the owned and operated Lloydminster upgrading and asphalt refining complex, which upgrades heavy oil and bitumen into synthetic crude oil, diesel fuel, asphalt, and other ancillary products, as well as owns and operates the Bruderheim crude-by-rail terminal and two ethanol plants. The U.S. Manufacturing segment comprises the refining of crude oil to produce diesel, gasoline, jet fuel, asphalt, and other products. The Retail segment consists of marketing of its own and third-party refined petroleum products through retail, commercial, and bulk petroleum outlets, as well as wholesale channels. Cenovus Energy Inc. was founded in 2009 and is headquartered in Calgary, Canada.
- CEO
- Jonathan McKenzie
- Employees
- 7.15K
- Beta
- 0.61
Disclaimer: Information on this page is provided for educational purposes only and does not constitute investment advice. Upside computed as ($9.15 ÷ $29.27) − 1 = -68.74% (DCF, example).