Insider Selling: Cenovus Energy (TSE:CVE) Insider Sells 37,072 Shares of Stock

Posted by Brian Himes on May 11th, 2026

Cenovus Energy Inc. (TSE:CVE – Get Free Report) (NYSE:CVE) insider Susan Mary Anderson-Olney sold 37,072 shares of the business’s stock in a transaction on Monday, May 11th. The shares were sold at an average price of C$39.85, for a total transaction of C$1,477,319.20. Following the completion of the sale, the insider directly owned 33,275 shares in the company, valued at C$1,326,008.75. This trade represents a 52.70% decrease in their position.

Susan Mary Anderson-Olney also recently made the following trade(s):

On Monday, May 11th, Susan Mary Anderson-Olney sold 18,913 shares of Cenovus Energy stock. The shares were sold at an average price of C$39.85, for a total transaction of C$753,683.05.

Cenovus Energy Stock Performance

Cenovus Energy stock traded up C$0.99 on Monday, hitting C$39.83. The company’s stock had a trading volume of 5,494,983 shares, compared to its average volume of 9,255,461. The firm has a market cap of C$74.28 billion, a P/E ratio of 15.87, a price-to-earnings-growth ratio of 0.09 and a beta of 0.23. The company has a quick ratio of 1.00, a current ratio of 1.57 and a debt-to-equity ratio of 42.29. The company has a fifty day moving average price of C$34.79 and a 200-day moving average price of C$28.62. Cenovus Energy Inc. has a one year low of C$17.61 and a one year high of C$42.01.

Cenovus Energy (TSE:CVE – Get Free Report) (NYSE:CVE) last announced its quarterly earnings results on Wednesday, May 6th. The company reported C$0.84 earnings per share (EPS) for the quarter. The firm had revenue of C$12.36 billion for the quarter. Cenovus Energy had a net margin of 9.52% and a return on equity of 15.23%. On average, equities analysts anticipate that Cenovus Energy Inc. will post 2.2619279 earnings per share for the current year.

Cenovus Energy Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Tuesday, March 31st. Shareholders of record on Tuesday, March 31st were issued a $0.20 dividend. This represents a $0.80 annualized dividend and a yield of 2.0%. The ex-dividend date of this dividend was Friday, March 13th. Cenovus Energy’s payout ratio is 31.87%.

Analyst Ratings Changes

CVE has been the topic of several recent analyst reports. Veritas upgraded shares of Cenovus Energy from a “strong sell” rating to a “strong-buy” rating in a research note on Tuesday, March 10th. Morgan Stanley reduced their target price on shares of Cenovus Energy from C$31.00 to C$29.00 in a research note on Friday, January 23rd. Scotiabank boosted their target price on shares of Cenovus Energy from C$30.00 to C$34.00 and gave the company an “outperform” rating in a research note on Friday, February 20th. Scotia boosted their target price on shares of Cenovus Energy from C$38.00 to C$44.00 and gave the company a “sector outperform” rating in a research note on Thursday. Finally, National Bank Financial boosted their target price on shares of Cenovus Energy from C$30.00 to C$57.00 and gave the company an “outperform” rating in a research note on Tuesday, March 31st. Two analysts have rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and two have assigned a Hold rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Buy” and a consensus target price of C$39.64.

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Cenovus Energy Company Profile

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Cenovus Energy is an integrated oil company, focused on creating value through the development of its oil sands assets. The company also engages in production of conventional crude oil, natural gas liquids, and natural gas in Alberta, Canada, with refining operations in the U.S. Net upstream production averaged 472 thousand barrels of oil equivalent per day in 2020, and the company estimates that it holds 6.7 billion boe of proven and probable reserves.