Valuation Cenovus Energy Inc.

Equities

Market Closed - Toronto S.E. Other stock markets 21:18:20 08/05/2026 BST			5-day change	1st Jan Change
38.84 ^CAD	0.00%		-2.46%	+67.27%

05-07	RBC Lifts Cenovus Energy's Price Target to C$45 from C$42	MT
05-07	RBC Capital Adjusts Cenovus Energy PT to CA$45 From CA$42, Maintains Outperform Rating	MT

Data adjusted to current consolidation scope

Fiscal Period: December	2021	2022	2023	2024	2025	2026	2027	2028
Capitalization ¹	31,294	50,409	41,415	39,800	43,797	72,689	-	-
Change	-	61.08%	-17.84%	-3.9%	10.04%	65.97%	-	-
Enterprise Value (EV) ¹	40,885	54,691	46,475	44,414	52,089	78,228	77,251	77,044
Change	-	33.77%	-15.02%	-4.43%	17.28%	50.18%	-1.25%	-0.27%
P/E ratio	57.4x	8.21x	10.4x	13x	10.8x	9.39x	12.1x	10.8x
PBR	1.32x	1.82x	1.44x	1.34x	1.38x	1.95x	1.87x	1.76x
PEG	-	0x	-0.3x	-0.6x	0.4x	0.1x	-0.5x	1x
Capitalization / Revenue	0.68x	0.75x	0.79x	0.73x	0.88x	1.23x	1.37x	1.25x
EV / Revenue	0.88x	0.82x	0.89x	0.82x	1.05x	1.32x	1.45x	1.32x
EV / EBITDA	4.34x	3.64x	4.53x	4.47x	5.3x	4.78x	5.59x	5.75x
EV / EBIT	11.6x	5.28x	8.27x	8.9x	11.4x	7.43x	9.91x	10.3x
EV / FCF	12.2x	7.11x	15x	10.5x	13.1x	8.67x	10.1x	9.48x
FCF Yield	8.21%	14.1%	6.65%	9.5%	7.61%	11.5%	9.87%	10.5%
Dividend per Share ²	0.0875	0.35	0.525	0.815	0.78	0.8614	0.8856	0.9661
Rate of return	0.56%	1.33%	2.38%	3.74%	3.36%	2.22%	2.28%	2.49%
EPS ²	0.27	3.2	2.12	1.67	2.15	4.136	3.219	3.584
Distribution rate	32.4%	10.9%	24.8%	48.8%	36.3%	20.8%	27.5%	27%
Net sales ¹	46,357	66,897	52,204	54,277	49,696	59,255	53,210	58,204
EBITDA ¹	9,410	15,031	10,266	9,932	9,819	16,372	13,823	13,395
EBIT ¹	3,524	10,352	5,622	4,992	4,586	10,529	7,795	7,478
Net income ¹	587	6,450	4,109	3,142	3,930	7,653	5,984	5,376
Net Debt ¹	9,591	4,282	5,060	4,614	8,292	5,539	4,562	4,355
Reference price ²	15.51	26.27	22.08	21.79	23.22	38.84	38.84	38.84
Nbr of stocks (in thousands)	2,017,677	1,918,887	1,875,669	1,826,530	1,886,175	1,871,502	-	-
Announcement Date	08/02/22	16/02/23	15/02/24	20/02/25	19/02/26	-	-	-

¹CAD in Million²CAD

Estimates

Add to a list 0 selected To use this feature you must be a member Log in Sign up	P/E (Y)	EV / Sales (Y)	EV / EBITDA (Y)	Dividend Yield (Y)	Capi.($)
CENOVUS ENERGY INC.	9.39x	1.32x	4.76x	2.22%	53.1B
CONOCOPHILLIPS	13.26x	2.26x	5.06x	2.98%	139B
CANADIAN NATURAL RESOURCES LIMITED	10.67x	3.04x	5.75x	4.09%	92.54B
EOG RESOURCES, INC.	7.93x	2.56x	4.37x	3.18%	69.26B
DIAMONDBACK ENERGY, INC.	11.14x	3.52x	4.89x	2.3%	53.08B
OCCIDENTAL PETROLEUM CORPORATION	8.6x	2.41x	3.87x	1.93%	52.75B
DEVON ENERGY CORPORATION	8.25x	2.75x	4.79x	2.65%	52.59B
WOODSIDE ENERGY GROUP LTD	11.52x	3.2x	4.64x	6.89%	41.37B
EQT CORPORATION	11.46x	4.07x	5.78x	1.17%	35B
INPEX CORPORATION	10.4x	2.65x	3.75x	2.91%	28.11B
Average	10.26x	2.78x	4.77x	3.03%	61.65B
Weighted average by Cap.	10.58x	2.68x	4.87x	3.08%