Cenovus Energy (CVE.TO) Buy, Sell or Hold

Home

Daily Stock Opinions and Ratings

Cenovus Energy (CVE.TO)

38.35

-1.73 (4.32%)

as of Jun 9, 2026, 6:16:52 pm Market Open.

875 watching

Investor Insights

Jun 9, 2026, 12:00 am

This summary was created by AI, based on 27 opinions in the last 12 months.

Cenovus Energy (CVE-T) is viewed positively by analysts, with a majority expressing confidence in its operations and growth potential. The recent MEG Energy acquisition is recognized as a strategic move that could enhance synergies and volumes in the long term, despite an increased debt burden. Analysts appreciate the management's effectiveness and the company's strong cash flow, particularly benefiting from record refinery margins. The consensus reflects expectations of higher energy prices contributing positively to cash flow, though some caution is advised regarding debt reduction and the potential impact on shareholder returns. Analysts believe Cenovus is undervalued in the current market, with several indicating significant upside potential based on earnings ratios and future oil price predictions.

Consensus

Buy

Valuation

Undervalued

Similar

CNQ

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.

DON'T BUY

Not a favourite in the energy space. This one is a spin out from Encana (ECA-T) and is more the SAG-D assets. It came out at a higher valuation than some of its peers.

TOP PICK

Market doesn’t know what to do with it. Would have preferred they didn’t split off. 50% natural gas. Going to be a growth oil sands company. Has great asset and management. It will sit there for a bit and it is not going any lower. A stable cash flow generating engine that you can own forever.

TOP PICK

Has lagged the industry to a great extent and is becoming a compelling buy. Good production profile going forward. Downstream margins have not been strong but this company will participate in natural gas strength.

COMMENT

One of the better producers per barrel in the oil sands. Not a bad one if you like heavy oil. He is not a fan of heavy oil.

COMMENT

Stock price should continue to go up. About 58% natural gas but in its asset mix it has Christina Lake, an excellent heavy oil production facility. Also a big play in Foster Creek. Also involved in refining.

COMMENT

Valuation after the spin-off is a little bit higher than its peer group. Needs an update from the company and then consider whether to Sell or Hold.

Showing 496 to 510 of 520 entries

Wealthica The ultimate 360° Tracker Your financial life in one place, automatically

Most Recent Experts

The Panic-Proof Portfolio (Stockchase Research)

Stockchase Premium

Barry Schwartz

Baskin Wealth Management

Jim Cramer - Mad Money

CNBC

Larry Berman CFA, CMT, CTA

ETF Capital Management Inc.

Mike Vinokur, CFA, CMT, and CFP

Propellus Wealth Partners/iA Private Wealth

Stockchase, in its reporting on what has been discussed by individuals on business television programs (in particular Business News Network), neither recommends nor promotes any investment strategies.

We paraphrase the experts by hand, we watch the shows and write down what we understood from the experts’ comments. We are human and can make mistakes, help us fix any errors. If you see something that you know is not right or if there is a problem with the site, feel free to email us at : [email protected].

Cenovus Energy (CVE.TO)