Cenovus Energy Inc (NYSE:CVE) Announces Quarterly Dividend of C$0.20

Cenovus Energy Inc (NYSE:CVE) (TSE:CVE) announced a quarterly dividend on Thursday, February 19th. Shareholders of record on Friday, March 13th will be paid a dividend of 0.20 per share by the oil and gas company on Tuesday, March 31st. This represents a c) dividend on an annualized basis and a yield of 3.5%. The ex-dividend date is Friday, March 13th.

Cenovus Energy has increased its dividend by an average of 0.3%per year over the last three years and has increased its dividend every year for the last 4 years. Cenovus Energy has a payout ratio of 54.3% indicating that its dividend is sufficiently covered by earnings. Analysts expect Cenovus Energy to earn $1.91 per share next year, which means the company should continue to be able to cover its $0.57 annual dividend with an expected future payout ratio of 29.8%.

Cenovus Energy Trading Up 4.0%

Shares of CVE traded up $0.90 during mid-day trading on Thursday, reaching $23.15. The company had a trading volume of 14,951,565 shares, compared to its average volume of 14,349,711. The firm has a fifty day simple moving average of $18.45 and a 200-day simple moving average of $17.46. The stock has a market cap of $43.52 billion, a price-to-earnings ratio of 18.97 and a beta of 0.48. Cenovus Energy has a fifty-two week low of $10.23 and a fifty-two week high of $23.24. The company has a current ratio of 1.73, a quick ratio of 1.18 and a debt-to-equity ratio of 0.25.

Cenovus Energy (NYSE:CVE) (TSE:CVE) last announced its quarterly earnings results on Thursday, February 19th. The oil and gas company reported $0.36 earnings per share for the quarter, beating analysts’ consensus estimates of $0.28 by $0.08. Cenovus Energy had a net margin of 6.23% and a return on equity of 10.73%. The firm had revenue of $9.44 billion for the quarter, compared to analysts’ expectations of $10.89 billion. During the same period in the previous year, the company posted $0.07 earnings per share. On average, sell-side analysts anticipate that Cenovus Energy will post 1.49 EPS for the current fiscal year.

Key Cenovus Energy News

Here are the key news stories impacting Cenovus Energy this week:

• Positive Sentiment: Quarterly beat and strong cash flows — Cenovus reported Q4 EPS of $0.36 that topped estimates and disclosed strong operating cash, adjusted funds flow and free funds flow, plus record upstream production and ~98% downstream utilization, supporting the stock rally. Cenovus announces fourth-quarter and full-year 2025 resultsArticle
• Positive Sentiment: Improved margins and profitability metrics — third‑party summaries show higher gross and operating profit margins year‑over‑year and materially higher cash from operations, indicating stronger underlying earnings quality for the quarter. Cenovus Energy Inc. (CVE) Stock Rises on Q4 2025 EarningsArticle
• Neutral Sentiment: Mixed analyst outlook — multiple firms have buy/outperform stances and a median 6‑month target near $28, but targets vary widely (RBC/CIBC vs Goldman). This creates both upside narrative and dispersion in expectations. Analyst ratings and targetsArticle
• Neutral Sentiment: Institutional flows mixed — large additions by some funds and substantial reductions by others (e.g., Capital Research adding vs Capital World / Goldman selling) — indicates active repositioning rather than consensus conviction. Institutional movesArticle
• Neutral Sentiment: Industry/integration context — analysis on MEG integration and oil sands outlook may affect longer‑term valuation assumptions but is not an immediate trading catalyst. Integration of MEG shapes oil sands outlookArticle
• Negative Sentiment: Some negative signals — Zacks added CVE to its Strong Sell (Rank #5) list, which could pressure sentiment for short‑term traders. New Strong Sell Stocks for February 19thArticle
• Negative Sentiment: Price‑target cut and mixed revenue figures — at least one outlet reports a recent target cut (C$25) and some aggregated data show revenue below sell‑side estimates; third‑party data also flagged a rise in total liabilities — all items that could cap upside until investors parse sustainability. Cenovus Energy Inc. (CVE) Target Cut to C$25Article

Cenovus Energy Company Profile

Cenovus Energy Inc is a Canadian integrated energy company engaged in the exploration, development and production of crude oil, natural gas liquids and natural gas, together with downstream refining and marketing activities. Headquartered in Calgary, Alberta, Cenovus operates a mix of oil sands thermal and dilbit assets, conventional oil and gas properties, and owns refining and midstream assets designed to move and process hydrocarbons into finished petroleum products for commercial markets.

The company was originally formed as a spin‑off from Encana Corporation in 2009 and has grown through organic development and strategic acquisitions.