Cenovus Energy Inc Common Stock (CVE)

FairStock Score: 75/100 — HIGH CONVICTION

Key Financials

AI Analysis

AI-generated, general educational analysis — not personal investment advice.

I look at Cenovus as an integrated oil and gas business: upstream production, refining, transport and marketing, with assets in Canada, the U.S. and China. That integration offers some cushion, but the core product is a commodity, so I do not mistake it for a wide-moat franchise. The numbers, however, are better than many commodity producers. At the close on 2026-10-13, the price was $32.83 and the market value $49.0B. FairStock calculations show a P/E of 12.77, P/B of 2.48, ROE of 20.93% and ROCE of 9.23%, with debt/equity of 0.34. Trailing free cash flow is $7.5B, a 15.2% FCF yield, which is substantial. The latest reported quarter labeled 2026-Q2 had revenue of $19.1B, net income of $2.9B and a 15.04% margin. FairStock's Graham Number is $32.70, so the price is a hair above that rough value marker, with margin of safety of -0.40%. EV/EBITDA is 3.90 and PEG is 0.05, both suggesting the market is not paying a rich multiple, though commodity earnings can swing. Piotroski F-Score is 8/9, a good sign, while Altman Z-Score of 1.87 suggests some balance-sheet caution. Dividend yield is 1.94%. The supplied growth figures are extraordinary, but without a clear multi-year filing history - FairStock cannot assign a Lynch category because only 0 years of filed results are available and it needs 3 - I would treat them as cyclical rather than automatic. I want a margin of safety; here the price looks fair, not deeply discounted.

In plain English: Cenovus is an oil and gas company that produces, refines, transports and sells energy products. The business looks financially strong: it earned solid profits, generated large free cash flow, and carries modest debt. At the recent price, the stock looks roughly fair rather than a clear bargain, because it trades close to an estimate of its accounting value.

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Data as of 2026-10-13 close · note generated 2026-10-15 · model deepseek-flash

Fundamentals from company filings and market-data providers; prices are end-of-day, not real-time. AI-generated analysis is general and educational — not personal investment advice. Scoring methodology · Score test · Disclaimer