TSE:CVE

Cenovus Energy (CVE.TO)

39.79
+0.59 (1.51%)
as of Jul 20, 2026, 8:00:00 pm Market Open.
877 watching
0
Investor Insights
star iconJul 20, 2026, 12:00 am

This summary was created by AI, based on 28 opinions in the last 12 months.

Cenovus Energy (CVE) has received mixed reviews from analysts, with a general optimism about its long-term potential despite some short-term challenges. The recent acquisition of MEG Energy has drawn attention, with several experts highlighting the potential for synergies and the dividend yield as attractive features. However, concerns regarding the company's increased debt load and its ability to manage cash flow amidst fluctuating oil prices have been raised. Many believe that Cenovus remains undervalued compared to its peers and that it could benefit from ongoing robust energy sector dynamics. The current stock price trend shows potential for growth, although cautious sentiment advises monitoring market conditions closely before making significant investment decisions.

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Consensus
Positive
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Valuation
Undervalued
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Similar
CNQ
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.
DON'T BUY
Doesn’t like it because it is expensive. Prefers CNQ, SU.
PAST TOP PICK
(A Top Pick Jan 14/11. Up 16.35%.)
TOP PICK
Best oil company in Canada, beautifully structured. Just put out a 10-year plan where they see cash flow increasing every year. They can actually make money in Nat Gas at $3. Has to do with freehold land they hold. Trades at a warranted premium to its piers. Best in Breed, which you should invest in in this kind of market.
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