Cenovus expects to increase its production by 19.17% from 2024 to 2034. Since 2021, the company has implemented a repurchase program and has reduced its common shares by 9.52% in that period. CVE has refineries in the US. As such, it can sell its oil and gas production at a higher price in the US.
CVE tops Q2 EPS estimates with cost cuts but posts revenue decline and weaker segment contributions.
Adjusted cash flow and free cash flow make little sense when GAAP or IFRS (calculations) show a lack of cash flow to support the conclusion to start with. Working capital needs are a legitimate use of cash and should be included in free cash flow calculations to accurately reflect the company's cash position. Investors should adjust reported figures to reflect true cash flow, as non-GAAP (or non-IFRS) measures can misrepresent the actual cash available and debt increase on the balance sheet.
![]() CVE In 3 weeks Announced | Quarterly | $0.14 Per Share |
![]() CVE 2 months ago Paid | Quarterly | $0.14 Per Share |
![]() CVE 5 months ago Paid | Quarterly | $0.13 Per Share |
![]() CVE 8 months ago Paid | Quarterly | $0.13 Per Share |
![]() CVE 11 months ago Paid | Quarterly | $0.13 Per Share |
30 Oct 2025 (In 2 months) Date | | 0.31 Cons. EPS | - EPS |
30 Oct 2025 (In 2 months) Date | | 0.27 Cons. EPS | - EPS |
29 Oct 2025 (In 2 months) Date | | - Cons. EPS | - EPS |
31 Jul 2025 Date | | 0.2 Cons. EPS | - EPS |
30 Jul 2025 Date | | 0.17 Cons. EPS | 0.25 EPS |
![]() CVE In 3 weeks Announced | Quarterly | $0.14 Per Share |
![]() CVE 2 months ago Paid | Quarterly | $0.14 Per Share |
![]() CVE 5 months ago Paid | Quarterly | $0.13 Per Share |
![]() CVE 8 months ago Paid | Quarterly | $0.13 Per Share |
![]() CVE 11 months ago Paid | Quarterly | $0.13 Per Share |
30 Oct 2025 (In 2 months) Date | | 0.31 Cons. EPS | - EPS |
30 Oct 2025 (In 2 months) Date | | 0.27 Cons. EPS | - EPS |
29 Oct 2025 (In 2 months) Date | | - Cons. EPS | - EPS |
31 Jul 2025 Date | | 0.2 Cons. EPS | - EPS |
30 Jul 2025 Date | | 0.17 Cons. EPS | 0.25 EPS |
Oil & Gas Integrated Industry | Energy Sector | Jonathan M. McKenzie CA CEO | XMEX Exchange | CA15135U1093 ISIN |
CA Country | 7,150 Employees | 15 Sep 2025 Last Dividend | - Last Split | - IPO Date |
Cenovus Energy Inc. is a comprehensive energy company engaged in a range of activities related to the development, production, refining, transportation, and marketing of crude oil, natural gas, and refined petroleum products on a global scale. With operations that span Canada and international markets, the company is structured into several segments: Oil Sands, Conventional, Offshore, Canadian Refining, and U.S. Refining. Each segment addresses a different aspect of energy production and processing, from extracting bitumen and heavy oil in regions like northern Alberta and Saskatchewan to refining crude oil in the United States. Headquartered in Calgary, Canada, Cenovus Energy Inc. positions itself as a leader in delivering energy solutions to meet a variety of market demands.
Development and production of bitumen and heavy oil through assets such as Foster Creek, Christina Lake, and Sunrise projects, along with Lloydminster thermal and conventional heavy oil assets. These operations focus on extracting valuable hydrocarbons from one of Canada's most significant natural resources, the oil sands region.
Focused on the extraction and processing of natural gas liquids and natural gas, primarily located in key areas like Elmworth-Wapiti, Kaybob-Edson, Clearwater, and Rainbow Lake in Alberta and British Columbia. Cenovus also holds interests in various natural gas processing facilities, ensuring the efficient handling and transport of these energy sources.
Engagement in offshore operations, exploration, and development activities in international waters, including China and the East Coast of Canada. This segment explores the potential of offshore fields in providing energy solutions beyond conventional onshore methods.
Ownership and operation of the Lloydminster upgrading and asphalt refining complex. This facility plays a critical role in converting heavy oil and bitumen into synthetic crude oil, diesel, asphalt, and other ancillary products. Additionally, assets include the Bruderheim crude-by-rail terminal and ethanol plants, further diversifying Cenovus's refining capabilities within Canada.
Refining operations in the United States, concentrating on the transformation of crude oil into essential products including gasoline, diesel, jet fuel, asphalt, and other related products. This segment highlights Cenovus Energy's cross-border operational capability and its role in satisfying varied energy demands in the American market.