Cenovus Energy Inc

CVE Energy Oil & Gas Integrated

Cenovus Energy Inc’s revenue for fiscal 2025 (year ended December 2025) was $35.6 billion, down 10.2% from fiscal 2024.

Revenue
+41.3%
EPS
+226.5%
Free cash flow
+18,996.5%
Total debt
+14.0%

Quarter to June 2026, against a year earlier

27.70 0.09 +0.33%
Market cap
$50.2B
P/E
10.7×
Fwd P/E
7.9×
Dividend yield
2.18%
F-score
7/9
Altman Z
2.20
Beneish M
−2.51
Dividend safety
66/100

Cenovus Energy Inc (CVE) EV/EBITDA

Alert me on EV/EBITDA

As of 5 November 2026, Cenovus Energy Inc (CVE) trades at a EV/EBITDA of 5.2×. Over the past ten years it has ranged from 0.0× (March 2019) to 48.4× (October 2018); the current reading is higher than 35% of that period. That is above the Oil & Gas Integrated industry median of 4.4× and below the Energy sector median of 6.2×.

EV/EBITDA, daily

Embed this chart

Annual newest first

Period EV/EBITDA Change
FY2025 4.9× 10.18%
FY2024 4.5× (2.18%)
FY2023 4.6× 25.67%
FY2022 3.7× (17.97%)
FY2021 4.5× (81.55%)
FY2020 24.1× 346.30%
FY2019 5.4× —
FY2018 0.0× —
FY2017 10.8× (43.74%)
FY2016 19.2× 291.04%

Quarterly newest first

Period EV/EBITDA Change
Jun 2026 4.7× (29.33%)
Mar 2026 6.7× 34.67%
Dec 2025 4.9× (4.24%)
Sep 2025 5.2× 17.19%
42 more quarters

Against its own ten years

Low 0.0× High 48.4×
Ten-year median 6.3×
Current reading's percentile 35

EV/EBITDA against peers

Company EV/EBITDA
EQNR Equinor ASA compare 2.0×
BP BP p.l.c. compare 2.7×
PBR.A Petroleo Brasileiro S.A.- Petrobras compare 3.0×
PBR Petroleo Brasileiro S.A.- Petrobras compare 3.3×
TTE TotalEnergies SE Sponsored ADR compare 4.4×
EC Ecopetrol S.A. compare 4.7×
CVE Cenovus Energy Inc 5.2×
E Eni SpA compare 7.7×
YPF YPF Sociedad Anonima compare 22.6×
Oil & Gas Integrated industry median 4.4×
Energy sector median 6.2×
Market median 10.9×

What EV/EBITDA is

Enterprise Value over EBITDA tells an investor how the market values a whole company, with debt added and cash taken off, against its operating earnings.

((Stock Price × Shares (Basic, Weighted) (latest quarter)) + (Long Term Debt (Total) (latest quarter) + Current Part of Debt (latest quarter)) − Cash & Short Term Investments (latest quarter)) ÷ EBITDA (TTM)

The full definition of EV/EBITDA →

More on CVE