Guide to buying Cenovus Energy stock in Canada

Cenovus Energy is an oil & gas integrated business based in Canada. Cenovus Energy stocks (CVE) are listed on the Toronto Stock Exchange, and all prices are listed in Canadian Dollars.

Cenovus Energy employs 7,150 staff and has a trailing 12-month revenue of around C$51.6 billion.

Keep reading to see up-to-date Cenovus Energy stock price and performance data, along with a step-by-step guide for how to buy Cenovus Energy stock in Canada.

Cenovus Energy (CVE) stock summary

Company stock name	Cenovus Energy Inc
Stock ticker symbol	CVE
Exchange	Toronto Stock Exchange
Open	C$24.76
High	C$24.83
Low	C$24.69
Close	C$24.76
Adjusted closing	C$24.76
Volume The number of stocks traded during the day	1,050,100
52-week stock price range	C$14.21 – C$26.36
Where to buy Cenovus Energy stock	Buy on CIBC Investor's Edge

The values in this table are accurate as of the market close on November 26, 2025, and all amounts are in CAD.

Can I buy Cenovus Energy stock in Canada?

Yes, you can buy Cenovus Energy stock in Canada. You simply need to open a brokerage account with an online trading platform that supports stocks on the Toronto Stock Exchange (TSX) exchange. Platforms like Interactive Brokers will allow you to directly buy Cenovus Energy stock from within Canada.

Dive deeper: Detailed guide on how to buy stocks in Canada

Our top picks for where to buy Cenovus Energy stock

Cenovus Energy stock chart (Toronto Stock Exchange (TSX): CVE)

This chart tracks Cenovus Energy stock price performance over time.

Cenovus Energy stock price

Cenovus Energy's stock price as of 7 days ago was C$24.76. We'll continue to update this guide as more Cenovus Energy stock price information becomes available.

Is Cenovus Energy stock a buy or sell right now?

The technical analysis gauge above shows real-time buy or sell ratings and analysis for Cenovus Energy stock based on your selected timeframe. It uses three widely followed indicators—moving averages, oscillators and pivots—but this does not represent investment advice or a guarantee of success. Finder may not concur with these signals and accepts no responsibility for the performance of your stocks.

Can I buy Cenovus Energy stock on the TSX?

No, you cannot buy Cenovus Energy stock on the TSX because Cenovus Energy stock is not listed on the TSX. Instead, Cenovus Energy stock is listed on the Toronto Stock Exchange under the symbol "CVE."

That said, if you're wondering how to invest in Cenovus Energy stock in Canada, you still have the option to do so by opening a trading account with a Canadian brokerage that gives you access to Toronto Stock Exchange, like Interactive Brokers.

Dive deeper: Our picks for the best stocks to buy right now in Canada

Cenovus Energy stock dividends

Cenovus Energy dividend payout ratio: 47.27% of net profits

Recently Cenovus Energy has paid out, on average, around 47.27% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 3.21% of the current stock value.

This means that, over a year, based on recent payouts (which are sadly no guarantee of future payouts), Cenovus Energy shareholders could enjoy a 3.21% return on their shares in the form of dividend payments. In Cenovus Energy's case, that would currently equate to about C$0.76 per share.

While Cenovus Energy's payout ratio might seem fairly standard, it's worth remembering that Cenovus Energy may be investing much of the rest of its net profits in future growth.

Cenovus Energy's next dividend payout is expected around December 31, 2025. To benefit, you'll need to buy Cenovus Energy stocks before December 15, 2025 (the "ex-dividend date").

Cenovus Energy stock performance metrics

Here are some common key metrics for Cenovus Energy stock that analysts often use to help gauge a stock's value—P/E ratio, PEG ratio and EBITDA.

• Cenovus Energy's P/E ratio

  Cenovus Energy's current share price divided by its per-share earnings (EPS) over the past 12 months gives a trailing price/earnings (P/E) ratio of roughly 15x. In other words, Cenovus Energy shares trade at around 15 times recent earnings.

• Cenovus Energy's PEG ratio

  Cenovus Energy's price/earnings-to-growth (PEG) ratio is calculated by dividing its P/E ratio by its earnings growth, which comes out to about 0.28. A lower ratio can suggest a stock offers better value, while a higher ratio may suggest worse value.

  The PEG ratio provides a broader view than the P/E ratio alone, as it factors in Cenovus Energy's expected earnings growth. By accounting for growth, investors can use the PEG ratio to compare the valuations of multiple high-growth companies.

• Cenovus Energy's EBITDA

  Cenovus Energy's EBITDA (earnings before interest, taxes, depreciation and amortization) is C$8.9 billion. EBITDA is a measure of a company's overall financial performance and is often used as a proxy for a company's profitability.

How volatile is Cenovus Energy stock?

Over the last 12 months, Cenovus Energy's stocks price has ranged from C$14.21 to as high as C$26.36. Cenovus Energy's beta measurement of stock volatility is 0.72. For comparison, the market (Toronto Stock Exchange) average beta is 1. This would suggest that Cenovus Energy's stocks are less volatile than average (on this exchange).

Some analysists use "beta" to gauge a stock's volatility. Beta is a popular way to measure a stocks volatility in relation to the market. Here is a breakdown of Cenovus Energy's beta stock volatility rating.

Cenovus Energy company and revenue performance

Market Capitalization The total market value of Cenovus Energy's outstanding shares	C$47 billion
Gross profit (TTM)	C$10.2 billion
Operating margin (TTM)	11.00%
Profit margin	6.09%
Revenue (TTM)	C$51.6 billion
Return on assets (TTM)	4.80%
Return on equity (TTM)	10.84%
Earnings per share (TTM)	C$1.78
50-day moving stock price average The average share price over the last 50 days	C$24.32
200-day moving stock price average The average share price over the last 200 days	C$20.75

All dollar amounts in this table are in CAD. TTM refers to the "trailing 12 months." All values are accurate as of the market close on December 4, 2025.

Cenovus Energy company profile

Cenovus Energy Inc., together with its subsidiaries, develops, produces, refines, transports, and markets crude oil, natural gas, and refined petroleum products in Canada, the United States, and China. It operates through Oil Sands, Conventional, Offshore, Canadian Refining, and U.S. Refining segments.

The company develops and produces bitumen and heavy oil in northern Alberta and Saskatchewan. Its oil sand assets include Foster Creek, Christina Lake, and Sunrise projects, as well as Lloydminster thermal and conventional heavy oil assets.

It also holds natural gas liquids and natural gas assets located in Alberta, British Columbia, and Northern Corridor, as well as interests in various natural gas processing facilities. In addition, the company is involved in offshore operation, exploration, and development activities; owns and operates Lloydminster upgrading and asphalt refining complex, which converts heavy oil and bitumen into synthetic crude oil, diesel, asphalt, and other ancillary products, as well as Bruderheim crude-by-rail terminal and ethanol plants; and refines crude oil to produce gasoline, diesel, jet fuel, asphalt, and other products.

Cenovus Energy Inc. was founded in 2009 and is headquartered in Calgary, Canada.

• Common company-related questions about Cenovus Energy

  What percentage of Cenovus Energy is owned by insiders or institutions?
  Currently 29.319% of Cenovus Energy stocks are held by insiders and 53.012% by institutions.

  How many people work for Cenovus Energy?
  Latest data suggests 7,150 work at Cenovus Energy.

  When does the fiscal year end for Cenovus Energy?
  Cenovus Energy's fiscal year ends in December.

  Where is Cenovus Energy based?
  Cenovus Energy's address is: 4100, 225 ? 6 Avenue SW, Calgary, AB, Canada, T2P 0M5

  What is Cenovus Energy's ISIN number?
  Cenovus Energy's international securities identification number is: CA15135U1093

  What is Cenovus Energy's CUSIP number?
  Cenovus Energy's Committee on Uniform Securities Identification Procedures number is: 15135U109

Compare trading platforms to buy Cenovus Energy stock

Compare special offers, low fees and a wide range of investment options among popular trading platforms in Canada. Note that the dollar amounts in the table below are in CAD.

Related: Compare the best stock trading platforms in Canada

Do I have to pay tax on gains from Cenovus Energy stock sales in Canada?

Yes, you'll need to pay taxes in Canada on investment income, which includes any profit from selling Cenovus Energy stock. The CRA taxes investment income from stocks in Canada based on three main factors:

1. Investment income. Investment income includes money earned from interest, dividends or capital gains, which may affect how much you have to pay in taxes on stock sales in Canada.
2. Investor type. Your investment income will be taxed differently depending on whether you're a regular investor or a day trader (which means you buy and trade stocks on a daily basis as your primary form of income).
3. Tax bracket. The higher your tax bracket, the more you'll pay on income from stock sales. Your tax bracket depends on your gross income (minus deductions).

You can learn more about the tax implications of selling stocks in Canada here.

Frequently asked questions about Cenovus Energy stock

• Can I buy Cenovus Energy stock directly as a Canadian investor?

  Yes, Canadian investors can buy Cenovus Energy stock directly through various online brokerage platforms available in Canada. You can compare trading platform options and fees for buying Cenovus Energy stock in our table here.

• Can Canadians buy American stocks?

  Yes, Canadians can buy American stocks through Canadian trading platforms that give access to American stock exchanges such as the NYSE and Nasdaq. The good news is that most Canadian brokerage platforms, like Questrade, Interactive Brokers, Moomoo and Wealthsimple, give access to US exchanges. Read our full guide on how to buy US stocks in Canada to learn more.

• Can I buy fractional shares of Cenovus Energy stock?

  Yes, it may be possible to buy fractional shares of Cenovus Energy stock depending on the trading platform you're signed up with. Fractional shares can allow you to invest in Cenovus Energy stock even when you can't afford its full share price. You can read our full guide to how fractional shares work to learn more.

  The table below shows trading apps in Canada that offer fractional shares:

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