CVE Stock Summary and Trading Ideas (Cenovus Energy | NYSE:CVE)

Cenovus Energy Inc is an integrated oil company, focused on creating value through the development of its oil sands assets. The company also engages in production of conventional crude oil, natural gas liquids, and natural gas in Alberta, Canada, with refining operations in the U.S. Net upstream production averaged 786 thousand barrels of oil equivalent per day in 2022. The company had upstream projects across Western Canada; crude oil production and natural gas and NGLs production offshore China and Indonesia. The downstream operations include upgrading and refining operations in Canada and the U.S., and commercial fuel operations across Canada.

What symbol and exchange does Cenovus Energy shares trade?

Cenovus Energy trades on the NYSE stock market under the symbol CVE.

What is Cenovus Energy stock price doing today?

As of December 5, 2025, CVE stock price declined to $18.31 with 6,989,382 million shares trading.

What is Cenovus Energy's Beta?

CVE has a beta of 0.63, meaning it tends to be less sensitive to market movements. CVE has a correlation of 0.09 to the broad based SPY ETF.

How much is Cenovus Energy worth?

CVE has a market cap of $34.54 billion. This is considered a Large Cap stock.

How much money does Cenovus Energy make?

Last quarter Cenovus Energy reported $10 billion in Revenue and $.52 earnings per share. This beat revenue expectation by $26 million and exceeded earnings estimates by $.12.

What is the highest and lowest price Cenovus Energy traded in the last 3 year period?

In the last 3 years, CVE traded as high as $21.90 and as low as $10.23.

What are the top ETFs holding Cenovus Energy?

The top ETF exchange traded funds that CVE belongs to (by Net Assets): DFIV, DFIC, DIHP, DFAX, DFAI.

Is Cenovus Energy (CVE) a good investment?

CVE has outperformed the market in the last year with a return of +20.9%, while the SPY ETF gained +14.2%. In the last 3 month period, CVE beat the market returning +15.7%, while SPY returned +6.2%. However, in the most recent 2 weeks CVE has underperformed the stock market by returning +2.4%, while SPY returned +4.0%.

What are the support and resistance levels for Cenovus Energy (CVE)?

CVE support price is $17.97 and resistance is $18.69 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that CVE shares will trade within this expected range on the day.