Cenovus Energy (CVE) Projected to Release Earnings on Wednesday

Cenovus Energy (NYSE:CVE) (TSE:CVE) is expected to post its Q3 2026 results before the market opens on Wednesday, November 4th. Analysts expect the company to post earnings of $1.12 per share and revenue of $11.85 billion for the quarter. Investors are encouraged to explore the company’s upcoming Q3 2026 earnings report for the latest details on the call scheduled for Wednesday, November 4, 2026 at 8:30 AM ET.

Cenovus Energy Stock Down 6.2%

Shares of Cenovus Energy stock opened at $30.70 on Tuesday. The firm has a market cap of $55.76 billion, a price-to-earnings ratio of 11.81 and a beta of 0.46. The company has a debt-to-equity ratio of 0.25, a current ratio of 1.63 and a quick ratio of 1.04. Cenovus Energy has a 52-week low of $15.63 and a 52-week high of $34.16. The stock has a 50-day simple moving average of $32.17 and a 200-day simple moving average of $27.45.

Analysts Set New Price Targets

A number of equities analysts recently commented on the company. Raymond James Financial restated an “outperform” rating on shares of Cenovus Energy in a report on Wednesday, October 14th. Jefferies Financial Group reiterated a “buy” rating on shares of Cenovus Energy in a research note on Sunday, October 18th. Gerdes Energy Research raised shares of Cenovus Energy from a “neutral” rating to a “buy” rating and set a $50.00 target price for the company in a research report on Wednesday, September 2nd. Zacks Research raised shares of Cenovus Energy from a “hold” rating to a “strong-buy” rating in a research report on Monday, September 28th. Finally, Morgan Stanley restated an “overweight” rating on shares of Cenovus Energy in a research note on Wednesday, August 19th. Two research analysts have rated the stock with a Strong Buy rating, thirteen have given a Buy rating and one has given a Hold rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Buy” and a consensus target price of $39.00.

Cenovus Energy Company Profile

Cenovus Energy Inc (NYSE:CVE) is an integrated Canadian energy company engaged in the exploration, development, production, transportation, and marketing of crude oil and natural gas. Its upstream operations include oil sands projects in northern Alberta, as well as conventional oil and natural gas assets in Canada.

The company also operates oil sands upgraders, refineries, and related infrastructure. Through its downstream business, Cenovus produces and markets refined petroleum products, including gasoline, diesel, jet fuel, asphalt, and other products.