Cenovus EnergyTSX:CVE -0.98%66 Buyback Yield % is 3.60 as of Jun. 30, 2026, which is 13% above its 10-year median of 3.19. GuruFocus rates TSX:CVE with a GF Score™ of 66/100 and a GF Value™ of C$22.41 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 420 Oil & Gas companies, Cenovus Energy ranks better than 90% on this metric.
Buyback yield is the net repurchase of shares outstanding over the market capital of the company. It is a measure of shareholder return.
The historical data trend for Cenovus Energy's Buyback Yield % can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Oil & Gas Integrated subindustry, Cenovus Energy's Buyback Yield %, along with its competitors' market caps and Buyback Yield % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Cenovus Energy Buyback Yield % vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Cenovus Energy's Buyback Yield % distribution charts can be found below:
* The bar in red indicates where Cenovus Energy's Buyback Yield % falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Cenovus Energy (TSX:CVE) has a Buyback Yield % of 3.60 as of Jun. 30, 2026. Share buyback yield equals the net issuance of stock divided by market cap. View historical data on Cenovus Energy and its competitors. This is 13% above median its historical median of 3.19. According to the industry distribution chart, Cenovus Energy ranks #42 out of 420 companies in the Oil & Gas industry, placing it in the top 10%.
Is Cenovus Energy's Buyback Yield % too high?
Cenovus Energy's current Buyback Yield % of 3.60 is 13% above median its 10-year median of 3.19. The Oil & Gas industry median Buyback Yield % is 0.01. Cenovus Energy's value of 3.60 is 35900% above this industry median. Based on the distribution chart, Cenovus Energy ranks #42 out of 420 companies in the Oil & Gas industry, which is in the top quartile — a strong position relative to peers. Overall, Cenovus Energy has a GF Score™ of 66/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Cenovus Energy's Buyback Yield % compare to XOM and CVX?
According to the Oil & Gas industry distribution chart, Cenovus Energy ranks #42 out of 420 companies for Buyback Yield %. This places Cenovus Energy in the top 10% of its industry — outperforming the majority of peers. The industry median Buyback Yield % is 0.01. Cenovus Energy's value of 3.60 is 35900% above this benchmark. While the company's 10-year median is 3.19 vs. the industry median of 0.01, Cenovus Energy has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Buyback Yield % for an Oil & Gas company?
The median Buyback Yield % among Oil & Gas companies is 0.01, based on 420 companies in the industry. Companies in the top quartile (top 25%) have a Buyback Yield % significantly above this median, while those in the bottom quartile fall well below. However, Buyback Yield % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Cenovus Energy's current Buyback Yield % of 3.60 is 35900% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Buyback Yield % mean?
A high Buyback Yield % can signal that a stock is expensive relative to its fundamentals. Share buyback yield equals the net issuance of stock divided by market cap. View historical data on Cenovus Energy and its competitors. For the Oil & Gas industry, the median Buyback Yield % is 0.01 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Cenovus Energy's current Buyback Yield % is 3.60, which is 13% above median its own 10-year median of 3.19. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cenovus Energy stock overvalued right now?
Based on GuruFocus' analysis, Cenovus Energy (TSX:CVE) is currently considered Significantly Overvalued. The stock's GF Value™ is C$22.41, compared to a current price of C$35.19 — trading 57% above its estimated fair value. The current Buyback Yield % is 3.60, which is 13% above median its 10-year median of 3.19 and 35900% above the Oil & Gas industry median of 0.01. Cenovus Energy's overall GF Score™ is 66/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Buyback Yield % calculated?
Buyback Yield % is calculated from a company's financial statements. For Cenovus Energy (TSX:CVE), the current Buyback Yield % is 3.60 as of Jun. 30, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Cenovus Energy (TSX:CVE) Overvalued in 2026?
Based on GuruFocus' analysis, Cenovus Energy stock appears to be overvalued.
The current stock price of C$35.19 is trading 57% above its estimated GF Value™ of C$22.41.
GuruFocus considers Cenovus Energy to be Significantly Overvalued.
Key valuation signals for TSX:CVE:
Buyback Yield %: 3.60 (13% above median its 10-year median of 3.19)
GF Value™: C$22.41 vs. price of C$35.19 (57% above fair value)
Industry Position: 35900% above the Oil & Gas median (#42 of 420)
No single metric tells the full story. See the TSX:CVE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Cenovus Energy Inc is a Canadian integrated energy group. The group's upstream operations include oil sands projects in northern Alberta; thermal and conventional crude oil, natural gas, and natural gas liquids (NGLs) projects across Western Canada; crude oil production offshore Newfoundland and Labrador; and natural gas and NGLs production offshore China and Indonesia. Its downstream operations include upgrading and refining operations in Canada and the U.S., and commercial fuel operations across Canada. The group's reportable segments are: Oil Sands, Conventional, Offshore, Canadian Refining, U.S Refining, and Corporate and Eliminations. Maximum revenue is generated from its Oil Sands segment. Geographically, the group derives maximum revenue from the U.S., followed by Canada and China.
66GF Score
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