Cenovus Energy (CVE) Projected to Post Quarterly Earnings on Friday

Cenovus Energy (NYSE:CVE) (TSE:CVE) is projected to release its Q3 2025 results before the market opens on Friday, October 31st. Analysts expect Cenovus Energy to post earnings of $0.45 per share and revenue of $12.5127 billion for the quarter. Interested persons may review the information on the company’s upcoming Q3 2025 earningreport for the latest details on the call scheduled for Friday, October 31, 2025 at 11:00 AM ET.

Cenovus Energy (NYSE:CVE) (TSE:CVE) last issued its quarterly earnings results on Thursday, July 31st. The oil and gas company reported $0.33 EPS for the quarter, topping analysts’ consensus estimates of $0.14 by $0.19. The company had revenue of $10.66 billion during the quarter, compared to analysts’ expectations of $10.64 billion. Cenovus Energy had a return on equity of 9.06% and a net margin of 5.18%.The firm’s revenue was down 12.6% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.62 EPS. On average, analysts expect Cenovus Energy to post $1 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Cenovus Energy Stock Performance

Shares of CVE stock opened at $17.05 on Thursday. The stock has a market cap of $30.47 billion, a PE ratio of 16.88 and a beta of 0.92. The business has a 50-day simple moving average of $16.99 and a 200-day simple moving average of $14.88. The company has a quick ratio of 0.78, a current ratio of 1.32 and a debt-to-equity ratio of 0.24. Cenovus Energy has a 52-week low of $10.23 and a 52-week high of $18.60.

Institutional Trading of Cenovus Energy

Several hedge funds and other institutional investors have recently bought and sold shares of CVE. Geneos Wealth Management Inc. grew its holdings in shares of Cenovus Energy by 74.1% during the 2nd quarter. Geneos Wealth Management Inc. now owns 3,253 shares of the oil and gas company’s stock valued at $44,000 after purchasing an additional 1,384 shares during the last quarter. EverSource Wealth Advisors LLC grew its holdings in shares of Cenovus Energy by 57.8% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 4,912 shares of the oil and gas company’s stock valued at $67,000 after purchasing an additional 1,800 shares during the last quarter. ICONIQ Capital LLC bought a new stake in shares of Cenovus Energy during the 2nd quarter valued at approximately $147,000. Vident Advisory LLC bought a new stake in Cenovus Energy during the 2nd quarter worth approximately $189,000. Finally, BNP Paribas Financial Markets grew its holdings in Cenovus Energy by 129.2% during the 2nd quarter. BNP Paribas Financial Markets now owns 20,524 shares of the oil and gas company’s stock worth $279,000 after acquiring an additional 11,571 shares during the last quarter. Institutional investors and hedge funds own 51.19% of the company’s stock.

Analysts Set New Price Targets

Several equities research analysts have commented on the company. UBS Group reiterated a “buy” rating on shares of Cenovus Energy in a research note on Monday, August 25th. National Bank Financial upgraded Cenovus Energy from a “hold” rating to a “strong-buy” rating in a research report on Friday, August 22nd. Jefferies Financial Group reiterated a “buy” rating on shares of Cenovus Energy in a research report on Tuesday, September 2nd. Royal Bank Of Canada boosted their target price on Cenovus Energy from $25.00 to $26.00 and gave the stock an “outperform” rating in a research report on Friday, August 1st. Finally, Zacks Research raised Cenovus Energy from a “hold” rating to a “strong-buy” rating in a research note on Friday, October 17th. Four analysts have rated the stock with a Strong Buy rating, eight have given a Buy rating and two have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Buy” and an average target price of $23.33.

Cenovus Energy Company Profile

Cenovus Energy Inc, together with its subsidiaries, develops, produces, refines, transports, and markets crude oil, natural gas, and refined petroleum products in Canada and internationally. The company operates through Oil Sands, Conventional, Offshore, Canadian Refining, and U.S. Refining segments.