Cenovus Energy Inc.
CVEEnergyNASDAQOil & Gas Integrated · Last scanned Jul 18, 2026
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Daily timeframeHeadquartered within the energy sector, Cenovus Energy Inc. focuses on Oil & Gas Integrated services and products. Cenovus Energy Inc., together with its subsidiaries, develops, produces, refines, transports, and markets crude oil, natural gas, and refined petroleum products in Canada, the United States, and China. The $52.12B market capitalization puts CVE squarely in large-cap range for its industry. It operates through Upstream and Downstream segments.
Market Cap
$52.12B
Beta
0.50
P/E (TTM)
15.44
P/E (Fwd)
11.57
EPS (TTM)
$1.81
EPS (Fwd)
$2.42
ROE
14.8%
ROA
5.7%
Cash
$2.58B
Total Debt
$13.75B
Free CF
$3.67B
52W Change
98.7%
Annual Financials
Cash vs Debt
Cenovus Energy Inc. carries $13.75B in total debt against $2.58B in cash reserves — debt is roughly 5.3x the cash position. Managing this leverage effectively will be important for long-term financial stability. Free cash flow comes in at $3.67B, providing flexibility for reinvestment, buybacks, or dividends. Consistent free cash flow generation is often considered a sign of operational health. Return on equity stands at 14.8%, which is decent for the sector. ROE measures how effectively a company uses shareholder capital to generate profits. An ROA of 5.7% suggests reasonable efficiency in deploying the company's asset base. Revenue has pulled back from $71.77B (2022) to $52.75B (2025), a 26% decline worth watching.
With a beta below 0.7, Cenovus Energy Inc. typically sees smaller price swings than the overall market, offering a degree of stability during turbulent periods. Debt significantly exceeds cash reserves, which means the company's financial flexibility could be constrained during economic downturns. It is important to consider these factors alongside broader market conditions and individual financial goals when reviewing CVE.