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Cenovus Energy profit climbs in Q2 as higher oil prices boost revenue | 2026-07-29 | Investing News

The Manufacturers Life Insurance Company Increases Stake in Cenovus Energy Inc $CVE

The Manufacturers Life Insurance Company increased its stake in Cenovus Energy Inc (NYSE:CVE) by 13.6% in the first quarter, acquiring an additional 2.12 million shares, bringing its total holdings to approximately 17.73 million shares. This move values their investment at $470.12 million and represents …

Renaissance Technologies LLC Trims Holdings in Cenovus Energy Inc $CVE

Renaissance Technologies LLC significantly reduced its stake in Cenovus Energy Inc. by 72.9% in the first quarter, selling over 3.8 million shares. Despite this, institutional investors collectively own a majority of the company's stock, and analysts largely maintain a "Buy" rating for Cenovus Energy …

Healthcare of Ontario Pension Plan Trust Fund Sells 14,895,479 Shares of Cenovus Energy Inc $CVE

The Healthcare of Ontario Pension Plan Trust Fund significantly reduced its stake in Cenovus Energy Inc. ($CVE) by selling nearly 14.9 million shares, representing a 96.6% decrease in its holdings. Despite this large sale by one institutional investor, Cenovus Energy reported strong quarterly earnings, …

Cenovus Energy Inc (CVE) Stock Down 4.2% but Still Overvalued -- GF Score: 59/100

Cenovus Energy Inc (CVE) shares dropped 4.2% to $28.04 on July 27, 2026, yet the stock is considered 73.0% overvalued according to its GF Value™ of $16.21. The company's GF Score™ of 59/100 indicates average overall performance with strong profitability but weak valuation and …

CVE|Cenovus Energy Inc|Price:29.770|Chg%:-0.070

Cenovus Energy's Q2 Earnings on Deck: Should You Bet on the Stock?

Cenovus Energy (CVE) is slated to release its second-quarter 2026 earnings on July 29, with analysts predicting a significant increase in earnings per share and revenue. Despite having a strong track record of beating earnings estimates, the company's current Earnings ESP suggests it may …

Interesting CVE Put And Call Options For November 2027

Investors in Cenovus Energy Inc (Symbol: CVE) saw new options become available today, for the November 2027 expiration. One of the key data points that goes into the price an option buyer is willing to pay, is the time value, so with 480 days …

Cenovus Energy Inc (CVE) Revenue Breakdown: Business Segments, Regional Revenue & Profit Contribution

This article provides a detailed revenue breakdown for Cenovus Energy Inc (CVE) by business segment and region, presenting data in USD. For business segments, Crude Oil, Gasoline, and Diesel and Distillate are the largest contributors. Regionally, the United States and Canada account for the …

Bank of New York Mellon Corp Boosts Stock Position in Cenovus Energy Inc $CVE

Bank of New York Mellon Corp increased its stake in Cenovus Energy Inc. by 12% in the first quarter, acquiring an additional 165,987 shares and bringing its total holdings to 1,551,366 shares valued at approximately $41.2 million. This comes after Cenovus Energy reported strong …

Cenovus Energy (NYSE:CVE) Lowered to "Buy" Rating by Wall Street Zen

Wall Street Zen has downgraded Cenovus Energy (NYSE:CVE) from a "strong-buy" to a "buy" rating, despite the broader analyst community generally maintaining a favorable view of the stock. Other firms like RBC and Scotiabank have issued mixed-to-positive ratings. Cenovus Energy recently reported strong quarterly …

Cenovus Energy Inc. Revenue Breakdown – TSX:CVE

Cenovus Energy Inc. stock falls Friday, underperforms market

Cenovus Energy Inc. (CVE) saw its stock drop by 1.36% to C$41.30 on Friday, underperforming the broader Canadian market, which saw the S&P/TSX Composite Index rise by 0.50%. The company's stock closed 6.4% below its 52-week high of C$44.13, achieved on May 20th.

Cenovus Energy Inc $CVE Stake Lifted by Bank of Nova Scotia

Militia Capital Management LLC Buys Shares of 65,600 Cenovus Energy Inc $CVE

Militia Capital Management LLC has acquired a new stake of 65,600 shares in Cenovus Energy Inc. (NYSE:CVE), valued at approximately $1.74 million, during the first quarter. This comes as Cenovus Energy reported stronger-than-expected quarterly results, with earnings of $0.61 per share and revenue of …

Cenovus Energy (CVE) to Post Earnings on Thursday

Cenovus Energy (CVE) is slated to release its Q2 2026 earnings before market open on Thursday, July 30th. Analysts are forecasting earnings of $1.11 per share on $11.79 billion in revenue. The company recently raised its quarterly dividend to $0.22 per share, and institutional …

Cenovus's July 29 results webcast will be archived about 30 days

Cenovus Energy will release its second-quarter 2026 operating and financial results on Wednesday, July 29, 2026, followed by a conference call and live audio webcast at 9 a.m. MT (11 a.m. ET). Analysts and stakeholders must register online in advance for phone access, and …

Cenovus to hold second-quarter 2026 conference call and webcast on July 29

Cenovus Energy Inc. (TSX:CVE) (NYSE:CVE) announced it will release its second-quarter 2026 results on Wednesday, July 29, 2026. A conference call and live audio webcast will be held at 9 a.m. MT (11 a.m. ET) on the same day for analysts to participate. Further …

TD Forecasts Strong Price Appreciation for Cenovus Energy (TSE:CVE) Stock

TD has raised its price target for Cenovus Energy (TSE:CVE) to C$46.00 with a "buy" rating, indicating a potential upside of 12.9%. Other analysts also maintain broadly positive outlooks, with a consensus "Buy" rating and an average price target of C$41.47. Despite some recent …

Cenovus earnings on deck: Can integrated model drive growth? By Investing.com

Cenovus Energy Inc. is set to report its second-quarter earnings, with analysts expecting significant sequential improvements driven by rising oil prices. Investors will focus on the company's integrated business model, particularly refining margins, utilization rates, and production trends from its oil sands assets. The …

Mediolanum International Funds Ltd Sells 97,138 Shares of Cenovus Energy Inc $CVE

Mediolanum International Funds Ltd significantly reduced its stake in Cenovus Energy Inc. by selling 97,138 shares, leaving it with 40,481 shares valued at approximately $1.08 million. This comes as Cenovus Energy reported stronger-than-expected quarterly results, raised its dividend, and maintains a consensus "Buy" rating …

Does Earnings Optimism and Recent Outperformance Change The Bull Case For Cenovus Energy (TSX:CVE)?

Cenovus Energy (TSX:CVE) has recently seen its stock outperform due to investor optimism surrounding anticipated year-over-year growth in upcoming earnings and revenue. While recent dividend increases and share buybacks reinforce the near-term bullish sentiment, the long-term investment narrative remains challenged by policy and cost …

Swiss National Bank Increases Stock Position in Cenovus Energy Inc $CVE

Swiss National Bank significantly increased its stake in Cenovus Energy Inc. by 26.4% in the first quarter, now holding 4.75 million shares valued at about $126 million. This increase follows Cenovus Energy's strong first-quarter earnings, which surpassed analyst expectations, and a recent dividend hike. …

Why the Market Dipped But Cenovus Energy (CVE) Gained Today

Cenovus Energy (CVE) closed the most recent trading day at $28.26, moving +1.11% from the previous trading session. The stock's performance was ahead of the S&P 500's daily loss of 0.19%. Meanwhile, the Dow experienced a drop of 0.59%, and the technology-dominated Nasdaq saw …

Cenovus gains 5.9% as Relative Strength improves, but participation stays thin

CVE closed at $27.95 after a strong week and remains well above its weekly Trend Line, yet negative activity pressure and 0.7x volume keep the setup balanced rather than decisive.

Cenovus Energy Inc. (TSE:CVE) Receives Consensus Rating of "Buy" from Analysts

Cenovus Energy Inc. (TSE:CVE) has received a consensus "Buy" rating from analysts, with an average 12-month price target of C$41.40. Recent analyst adjustments include Scotia raising its target to C$44.00 and RBC to C$47.00, while JPMorgan trimmed its target to C$45.00. The company also …

Desjardins Keeps Their Buy Rating on Cenovus Energy (CVE)

Desjardins maintained a Buy rating on Cenovus Energy (CVE) with a price target of C$50.00, while Scotiabank also reiterated a Buy rating with a C$49.00 target. The stock has a Strong Buy consensus among analysts with an average price target of C$46.33, representing an …

Cenovus Energy (NYSE:CVE) Stock Rating Upgraded by Desjardins

Desjardins has upgraded Cenovus Energy (NYSE:CVE) to a "moderate buy" rating, reflecting a generally positive outlook from analysts. The company recently reported strong quarterly results, with EPS of $0.61 on revenue of $10.79 billion, surpassing analyst expectations. This upgrade contributes to an average analyst …

Catalyst Capital Advisors LLC Takes $2.20 Million Position in Cenovus Energy Inc $CVE

Catalyst Capital Advisors LLC initiated a new $2.20 million position in Cenovus Energy Inc (NYSE:CVE) during the first quarter by acquiring 83,000 shares. Cenovus Energy currently holds a consensus "Buy" rating from analysts with an average target price of $35.25, and recently reported strong …

Cenovus Energy Inc. Initiated at Buy by Desjardins Securities

Desjardins Securities has initiated coverage on Cenovus Energy Inc. (NYSE:CVE) with a "Buy" rating. This new rating suggests a positive outlook from the firm regarding Cenovus Energy's stock performance.

(CVE) Price Dynamics and Execution-Aware Positioning

This article analyzes Cenovus Energy Inc (NYSE: CVE) using AI models, indicating strong sentiment across all horizons and an overweight bias. It outlines three distinct trading strategies—Position Trading, Momentum Breakout, and Risk Hedging—with specific entry, target, and stop-loss levels. The analysis also highlights near-term, …

Cenovus Energy Inc. Price Target Announced at C$50.00/Share by Desjardins Securities

Desjardins Securities has set a price target of C$50.00 per share for Cenovus Energy Inc. This announcement provides a new valuation perspective for investors interested in Cenovus Energy, a company trading on the TSX under the symbol CVE.

Could Cenovus Energy (TSX:CVE) Be 15% Undervalued After Growth Project Progress?

Cenovus Energy (TSX:CVE) has seen a share price increase after providing updates on its growth projects, including the Christina Lake North redevelopment and other key advancements. Despite recent strong performance, the company's fair value is estimated at CA$45.84, suggesting it might be 14.5% undervalued …

Do Options Traders Know Something About Cenovus Stock We Don't?

Investors in Cenovus Energy Inc. (CVE) should observe the stock's options market, as the July 17, 2026 $13 Call exhibits high implied volatility, suggesting expectations of a significant price movement. Despite the high implied volatility, Cenovus Energy holds a Zacks Rank #3 (Hold), with …

Cenovus Energy Inc. stock falls Thursday, underperforms market

Cenovus Energy Inc. (CVE) stock decreased by 0.52% on Thursday, closing at C$38.27, underperforming the broader Canadian market as the S&P/TSX Composite Index also fell. The stock is currently 13.3% below its 52-week high of C$44.13, which was reached on May 20th. This movement …

Cenovus Energy Inc (NYSE:CVE) Short Interest Down 39.0% in June

Cenovus Energy Inc. (NYSE:CVE) experienced a significant 39.0% decrease in short interest in June, falling to 28.7 million shares, representing 1.5% of the float and a 3.3-day cover ratio. The company recently surpassed quarterly expectations with an EPS of $0.61 and revenue of $10.79 …