Cenovus Energy Inc (CVE)

NYSE · Energy · Oil & Gas Integrated · Canada

Cenovus Energy Inc is a large cap company (market value between $10 billion and $200 billion) in the Oil & Gas Integrated industry.

Intrinsic value, DCF valuation, financial health and value investing analysis for the Cenovus Energy Inc stock.

Our verdict on CVE

Slightly undervalued: intrinsic value $37.72 per share, market price $33.23, margin of safety 11.9% (as of 2026-10-19).

Discounting its cash flows at 7.6% (average of 3 methods) values the shares at $37.72; the price of $33.23 is 12% below that value, and 80% of that value comes from beyond year five.

Leak Score: 73/100 on 10 of 12 signals (Clear Leak).

ETFs with the most weight in CVE

4 more funds hold it; the full list is part of the paid plan.

More on CVE

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Cheaper than CVE in Oil & Gas Integrated

3 more in this industry show a wider margin of safety.

Is CVE undervalued or overvalued?

CVE is slightly undervalued (as of the 2026-10-19 close). Discounting its cash flows at 7.6% (average of 3 methods) values the shares at $37.72; the price of $33.23 is 12% below that value, and 80% of that value comes from beyond year five.

What is the intrinsic value of CVE?

$37.72 per share (as of the 2026-10-19 close), against a market price of $33.23. That is a margin of safety of 11.9%. The value is the average of the valuation methods that apply to this company, recomputed every night after the US close.

What growth is priced into CVE stock?

The price asks for roughly the growth the company has already delivered. No miracle needed, no discount either. Yearly sales decline the price allows: 2.2%. Yearly sales growth it has sustained: 0.9%.

What is Cenovus Energy Inc's Leak Score?

73 out of 100, which we rate "Clear Leak", on 10 of 12 value investing signals.