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.

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Consensus
Buy
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Valuation
Undervalued
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Similar
CNQ
COMMENT
Cenovus (CVE-T) versus Canadian Natural Resources (CNQ-T)? Both are good companies and both oil oriented with conventional and crude. He prefers something with a significant yield so he owns Canadian Oil Sands (COS.UN-T) instead. (See Top Picks.)
BUY
Gas assets, which fully financed their growth in the oil sands. Have one of the best SAGD projects. Not expensive.
BUY
Analysts had raised estimates from mid to upper $30’s and stock moved up. When they reported earnings, there was a slight disappointment so the stock has dropped. Still likes and can see $33-$34 over the next year.
TOP PICK
Foster Creek and Christina Lake are the 2 main SAGD operations and have some of the best ratios in the business. Have 137 billion barrels of oil in place on their lands, which will support potential production of 2 million barrels a day.
PARTIAL BUY
This is the mostly oily assets of Encana (ECA-T). Under performed for the first little while and dropped to good value at the $24-$25 range. On days when oil is weak, you can pick away at it and get more aggressive if oil goes back to $70.
TOP PICK
Pure oil play and primarily oil sands. Very good at keeping costs down. These guys are the low cost producers. Very advanced on the technology side. Have refineries. It lowers the volatility. Thinks they will increase their dividend faster than competition.
BUY
Long-term growth story of oil sands. He chose CNQ and SU as his oil stories. Not enough coverage of this one yet. Likes the oil sands. Lots of reserves in a politically stable area. Nice dividend.
BUY
Very high quality company.
DON'T BUY
He is almost at the point of taking out some of his oil stocks and start to look at some of the natural gas. At $85 oil they're going to do fine. More growth on the Encana (ECA-T) side.
BUY
This is a heavy oil side after the split up of Encana (ECA-T). Great management and great prospects. Low cost producer. Oil in the long-term is going to go higher but you need to own good companies.
WATCH
Still not a huge producer yet. Have been able to drill oil sands at one of the lowest costs. A “wait and see” to see if their technology really works.
COMMENT
On a longer-term basis, the tar sands is a less risky side of the business than the gas side and is a good distance away from this company.
BUY
(Market Call Minute.) You should buy this for its oil sands production longer-term.
TOP PICK
Very solid integrated oil/gas company. Exposed to the oil sands but have traditional oil/gas assets throughout North America. Very low dividend level relative to earnings so there could be room for dividend increases. Recent quarter came in better than expected. Selling between 6-7 times cash flow.
WEAK BUY
Oil sands have been weakfish. It has just livened up lately. You have to be patient with it. It is affected by political noise. It’s an oil sands play.
Showing 496 to 510 of 526 entries