TSE:CVE

Cenovus Energy (CVE.TO)

43.11
+0.43 (1.01%)
as of Aug 14, 2026, 8:00:00 pm Market Open.
880 watching
0
Investor Insights
star iconAug 15, 2026, 12:00 am

This summary was created by AI, based on 29 opinions in the last 12 months.

Cenovus Energy (CVE-T) is generally viewed positively among analysts, with many highlighting its robust asset quality and operational efficiency. The company has made significant strides in enhancing its refining capabilities while successfully managing debt, particularly following the MEG Energy acquisition. Analysts emphasize CVE's potential for growth, with projections suggesting significant upside, particularly as it focuses on returning capital to shareholders through buybacks. The energy sector's current strength adds to the positive outlook, although some analysts caution about the potential volatility in oil prices. Overall, Cenovus's strategic management and solid balance sheet position it well for future success.

consensus icon
Consensus
Buy
valuation icon
Valuation
Undervalued
review icon
Similar
CNQ
TOP PICK

Lowest cost oil producer with a low payout ratio. Has a little bit of gas, but it is low-cost, wet gas. Good growth profile of 7%-8% production growth for probably 7-8 years.

PAST TOP PICK

(Top Pick June 29/12, Down 3.19%) Market fails to realize they have refineries in Chicago and Texas that can capture the price differential. Would still recommend this one.

TOP PICK
Has been beaten up to some extent. Low-cost producer in the oil sands. They are well hedged on their natural gas side. They also have a refining and marketing joint venture in the US.
DON'T BUY
Not an oil sands producer so don’t have same high cost structure as SU-T.
TOP PICK
(On Top Picks, do Partial Buys aiming for a full position by year end.) Have some of the lower cost operations in the oil sands. Producing 220,000 barrels a day and 70% is oil. Also has 2 refineries and gets better pricing. 2.8% dividend.
COMMENT
Cenovus (CVE-T) or Suncor (SU-T)? Both very well run companies. Cenovus has a higher growth profile where he would be buying Suncor more for the leverage to the dividend. This is a pretty defensive name. They have the highest quality oil leases of any company. Any time around $31, it has been a very good buy. There is pretty good upside from here.
BUY
Likes this company. This is a great opportunity to buy some oil companies. This one is well run and well-managed and will continue to do well. Doesn't expect oil prices to fall much further from here. Yield of 2.7%.
PARTIAL BUY
Still have a lot of natural gas in their production mix but this would decline over time. A good name if you want energy exposure. Stock prices have come back while the energy prices have come off. Probably a nice time to start picking away at this. Yield is only 2.7% and there are other companies with higher yields.
TOP PICK
Its growth is double the industry average in terms of development. Has a lot of legacy land to do joint ventures with or develop. It is taking $2 gas and converting it into $100 oil. Has also combined its operations so it has the upgrading refining component.
BUY
Looks at this as a 5, 10, 15 year holding. Incredible running room on their assets. Low-cost producer. Give it time and be patient.
TOP PICK
Growth trajectory was very dramatic givingabouta14% annual growth rate. High quality operators with lowest cost operations. Also has downstream refining operations. Yield of 2.6%.
N/A
Short term doesn’t have an opinion, long-term fine. Doesn’t follow it.
HOLD
An oily stock. Split their gas off to Encanna. Alberta crude prices dropping and that is a black cloud on the horizon. It is a core oil stock but he has concerns at this moment.
COMMENT
This is a name that he is interested in. Has some support at around $38 that he would like to see it hold in at. There's also probably some support at around $36. You could probably get it a little bit cheaper than at the current price but doubtful at $36.
PAST TOP PICK
(A Top Pick Feb 25/11. Up 5.67%.) Great company with huge assets. Good management.
Showing 451 to 465 of 526 entries