CVE TOR Week ended 07 Aug 2026

Weekly Investor Report

Cenovus Energy Inc. · Energy · Oil & Gas Integrated

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Latest close 39.38 CAD
-6.8% latest week
Weekly setup

Constructive trend

The weekly trend is active. Price is 12.0% above the Trend Line and sits at 81.5% of its 52-week range. The latest completed week returned -6.8%, after a 5.4% four-week move. The latest factor snapshot indicates quality is middle-of-the-pack; growth is moderate; valuation is inexpensive relative to peers. The latest news-sentiment score is 54/100.

Setup score 66 out of 100
Latest Close 39.38 CAD 7 Aug 2026
1W Return -6.8% latest completed week
4W Return 5.4% short-term follow-through
12W Return -6.6% quarterly tape
Trend Breadth 100.0% 52 of 52 weeks active
Volume Ratio 1.4x vs 13-week average
What is working
  • The trend backdrop is active with a 52-week active streak.
  • Price is above the Trend Line, keeping the weekly tape constructive.
  • Price is above Fair Value, showing premium demand versus the model.
  • Activity pressure is constructive, supporting the smart-money activity read.
What could go wrong
  • Activity pressure is negative, which weakens the current setup.
  • 4 reversal markers appear in the recent smart-money tape.
  • The latest week was a sharp negative move.
  • Latest weekly return ranks in the weaker part of its sector group.
What to watch next
  • Trend Line remains the key weekly regime level.
  • Activity pressure is the gauge to monitor for confirmation or fade.
  • A volume ratio above 1.5x would show stronger participation in the next move.
Price follow-through -6.8% Latest completed week; four-week move 5.4%. Indicator stack 100/54 Trend and activity pressure are weighted against the latest 12-week confirmation window. Trend backdrop Active The trend backdrop defines the current weekly regime. Patient Capital Quiet Activity-pressure buy-signal status for institutional accumulation timing. News sentiment 54/100 54 relevant articles in the latest sentiment read.
01 · Price action

Where price is—and whether the trend supports it

The weekly trend is active. Price is 12.0% above the Trend Line and sits at 81.5% of its 52-week range. The latest completed week returned -6.8%, after a 5.4% four-week move.

Study the full chart

52-week price path

Price vs Trend Line and Fair Value
Price Trend Line Fair Value
02 · Volume and demand

Is real participation confirming the move?

Latest weekly volume is 1.4x the 13-week average. Participation is around or above normal and provides reasonable confirmation.

26-week volume confirmation

Bar height shows volume; colour shows the weekly price direction
13 Feb 20 Feb 27 Feb 6 Mar 13 Mar 20 Mar 27 Mar 3 Apr 10 Apr 17 Apr 24 Apr 1 May 8 May 15 May 22 May 29 May 5 Jun 12 Jun 19 Jun 26 Jun 3 Jul 10 Jul 17 Jul 24 Jul 31 Jul 7 Aug
Up week Down week
Demand beneath price

Activity pressure and institutional-style signals

These indicators assess whether participation is improving beneath the headline price move. They are supporting evidence, not proof of institutional buying.

Activity pressure path

Latest 0.6712-week average 0.84

12-week confirmation

Trend active12/12Active trend-backdrop weeks in the latest 12-week window.
Positive pressure4/12Weeks with constructive activity pressure in the latest 12-week window.
Positive leadership12/12Weeks with positive relative leadership in the latest 12-week window.
Activity pressure0.67Current proprietary activity-pressure read.
Buy signals0Accumulation signal count in the latest 12 weeks.
Reversal markers44 reversal markers

No recent accumulation markers. 4 reversal markers.

03 · Momentum and leadership

Is performance persistent—and is the stock leading?

Performance is 5.4% over four weeks, -6.6% over 12 weeks, and 96.8% over one year. The current trend has remained active for 52 consecutive weeks.

Performance by holding period

1W-6.8%
4W5.4%
12W-6.6%
26W41.0%
52W96.8%
Active trend streak52 weeks
Active weeks in one year52
Trend breadth100.0%

Activity pressure vs relative leadership

Activity pressureRelative leadership
Pressure-0.14Latest activity-pressure read.
Pressure change85.5%Four-week change in activity pressure.
Leadership17.24Latest relative-leadership reading.
RS change-8.5%Four-week change in relative leadership.
04 · Fundamentals and valuation

What investors are paying for—and the quality behind it

The latest factor snapshot indicates quality is middle-of-the-pack; growth is moderate; valuation is inexpensive relative to peers.

Open full factor analysis
Factor week 09 Aug 2026 Financial statements through 31 Mar 2026 Field coverage 91% Model confidence 85%

Relative factor standing

Higher display scores are better. Each score is converted from the underlying universe rank, where rank 1 is best.

Overall factor strength94/100Blend of value, momentum, and quality. Underlying universe rank 7; rank 1 is best.
Value81/100Relative valuation strength. Underlying universe rank 20; rank 1 is best.
Quality68/100Profitability and accounting quality. Underlying universe rank 33; rank 1 is best.
Momentum89/100Medium-term price momentum. Underlying universe rank 12; rank 1 is best.
Growth22/100Revenue and earnings growth. Underlying universe rank 79; rank 1 is best.
How to read this

Quality and valuation are separate questions

A strong company can still carry a demanding valuation. This report shows profitability, growth, balance-sheet strength, and the price paid for those characteristics separately.

Value-quality framework52/100Value and quality alignment from the Sharemaestro SVQF framework.

Valuation

How much investors are paying for earnings, sales, and cash flow.

P/E
15.6x
Price divided by trailing earnings.
Price / sales
1.4x
Market value relative to trailing revenue.
EV / EBITDA
7.3x
Enterprise value relative to operating cash earnings.
Free-cash-flow yield
5.1%
Free cash flow as a share of enterprise value.

Business quality

Margins and the return generated on invested capital.

Gross margin
24.2%
Gross profit retained from each unit of revenue.
Operating margin
10.7%
Operating profit retained from revenue.
Free-cash-flow margin
7.9%
Free cash flow generated from revenue.
Return on invested capital
9.8%
Operating return generated on invested capital.

Growth and financial strength

Recent business growth and accounting strength.

Revenue growth
-8.6%
Latest one-year revenue growth.
EPS growth
21.1%
Latest one-year earnings-per-share growth.
Free-cash-flow growth
-21.3%
Latest one-year free-cash-flow growth.
Piotroski F-score
6/9
Nine-point accounting-strength checklist.

Shareholder return and balance sheet

Cash returned to owners and financial leverage.

Dividend yield
2.1%
Cash dividends relative to market value.
Buyback yield
3.9%
Net share repurchases relative to market value.
Shareholder yield
5.9%
Dividend yield plus net buyback yield.
Net debt / EBITDA
1.0x
Balance-sheet debt relative to operating cash earnings.
05 · Ownership, options, and sentiment

What other market participants are doing

Options, insider transactions, market sentiment, and activity-pressure signals can confirm or challenge the price story. None should be used alone.

Insider activity-

No recent insider transactions are stored for this company.

News sentiment54/100

Weighted news tone is neutral across 54 relevant articles.

16 positive · 33 neutral · 5 negative
Patient CapitalQuiet

Activity-pressure buy-signal evidence highlights potential institutional accumulation windows.

No recent buy signal
06 · Catalysts and risk

What can move the shares—and how volatile the path has been

Event timing, options-implied movement, drawdown, and weekly return distribution frame the risk around the current setup.

Next earnings-No event is currently stored.
Options expected move-Nearest-chain priced movement where available.
52-week drawdown-10.3%Distance below the 52-week high.
13-week volatility5.5%Standard deviation of weekly returns.

Weekly gains and losses

Latest 26 completed weeks

Each bar is one week. Gains rise above the zero line; losses fall below it. Taller bars mean a larger weekly move.

Weeks higher16 of 2610 weeks finished lower.
Best week+10.8%Week of 1 May.
Worst week-9.1%Week of 19 Jun.
Latest week-6.8%Week of 7 Aug.

Shape of recent returns

Strong gains10
Modest gains6
Flat weeks0
Modest losses6
Sharp losses4
Recent vol5.5%13-week weekly-return volatility.
Base vol4.8%52-week weekly-return volatility.
Up/down split32/20Count of positive and negative weeks in the 52-week window.
Average skew4.5% / -3.5%Average positive week versus average negative week.
07 · Sector and peer context

Is this stock leading—or simply moving with its group?

Sector and industry breadth distinguish company-specific strength from a broad group move.

IndustryCA Oil & Gas Integrated
4-week rank1 / 3
Group average2.5%
Trend breadth100.0%
Trend100.0%active weekly trend signals
MD33.3%positive activity pressure
RS100.0%positive relative leadership

Four-week leaders

CVE · TOR5.4%IMO · TOR2.0%SU · TOR0.0%
08 · Evidence and weekly data

The underlying research record

Every top-level statement above should be traceable to a stored market, fundamental, event, or positioning observation.

Weekly tape70/100

Trend, activity pressure, participation, and risk combine to a 70/100 tape read.

 Indicator analysis64/100

Latest 12-week confirmation: trend 12/12, activity pressure 4/12, relative leadership 12/12.

Activity pressure 0.67; 4 reversal markers Factors82/100

O'Shaughnessy factor stack blends value, quality, momentum, and confidence.

Buyback Yield rank 9 SVQF52/100

Value and quality alignment from the Sharemaestro SVQF framework.

Composite rank 145.5 of 304 Patient CapitalQuiet

Activity-pressure buy-signal evidence highlights potential institutional accumulation windows.

No recent buy signal Sentiment54/100

Weighted news tone is neutral across 54 relevant articles.

Cenovus Energy (NYSE:CVE) Raised to "Strong-Buy" at Wall Street Zen Insiders50/100

No recent insider transaction evidence is stored.

 Earnings50/100

No stored earnings event is currently attached to this ticker.
WeekCloseReturnTrend LineFair ValuePressureLeadershipVolumeTrend
7 Aug 202639.38 CAD-6.8%35.17 CAD24.65 CAD-0.1417.2424.8MOn
31 Jul 202642.27 CAD2.3%34.62 CAD24.56 CAD-0.1730.9623.6MOn
24 Jul 202641.30 CAD5.4%34.01 CAD24.43 CAD-0.5028.6821.9MOn
17 Jul 202639.20 CAD4.9%33.39 CAD24.32 CAD-0.7923.7123.0MOn
10 Jul 202637.36 CAD6.0%32.84 CAD24.20 CAD-0.9518.8428.7MOn
3 Jul 202635.26 CAD0.3%32.42 CAD24.09 CAD-0.8613.151.3MOn
26 Jun 202635.17 CAD-1.4%32.07 CAD24.00 CAD-0.5414.506.9MOn
19 Jun 202635.66 CAD-9.1%31.72 CAD23.91 CAD-0.1816.958.0MOn
12 Jun 202639.25 CAD0.2%31.36 CAD23.80 CAD0.3029.639.8MOn
5 Jun 202639.19 CAD3.5%30.89 CAD23.68 CAD0.6232.534.3MOn
29 May 202637.85 CAD-8.2%30.38 CAD23.57 CAD0.8828.0033.2MOn
22 May 202641.25 CAD-2.2%29.90 CAD23.46 CAD1.0942.0522.8MOn
15 May 202642.17 CAD9.2%29.31 CAD23.32 CAD1.0349.6726.7MOn
8 May 202638.62 CAD-2.5%28.68 CAD23.18 CAD0.9137.7838.9MOn
How to use this report

This is a completed-week research summary. It explains the available evidence and its conflicts; it does not predict a guaranteed outcome or replace your own risk assessment. Fundamental figures may refer to an earlier financial reporting period, which is shown above.

Evidence context