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

Cenovus Energy Inc is a Canadian integrated energy group. The group's upstream operations include oil sands projects in northern Alberta; thermal and conventional crude oil, natural gas, and natural gas liquids (NGLs) projects across Western Canada; crude oil production offshore Newfoundland and Labrador; and natural gas and NGLs production offshore China and Indonesia. Its downstream operations include upgrading and refining operations in Canada and the U.S., and commercial fuel operations across Canada. The group's reportable segments are: Oil Sands, Conventional, Offshore, Canadian Refining, U.S Refining, and Corporate and Eliminations. Maximum revenue is generated from its Oil Sands segment. Geographically, the group derives maximum revenue from the U.S., followed by Canada and China.

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 March 10, 2026, CVE stock price declined to $22.49 with 16,102,166 million shares trading.

What is Cenovus Energy's Beta?

CVE has a beta of 0.49, meaning it tends to be less sensitive to market movements. CVE has a correlation of 0.05 to the broad based SPY ETF.

How much is Cenovus Energy worth?

CVE has a market cap of $42.26 billion. This is considered a Large Cap stock.

How much money does Cenovus Energy make?

Last quarter Cenovus Energy reported $8 billion in Revenue and $.36 earnings per share. This fell short of revenue expectation by $-2 billion and exceeded earnings estimates by $.08.

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 $23.89 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 price return of +81.0% while the SPY ETF gained +19.1%. CVE has also outperformed the stock market ETF in the last 3 month and 2 week periods returning +27.5% and -0.3%, respectively, while the SPY returned -0.3% and -0.5%, respectively.

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

CVE support price is $22.23 and resistance is $23.41 (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.