Cenovus Energy (TSX:CVE) Revenue: C$53,412 Mil (TTM As of Mar. 2026)


TSX:CVE Cenovus Energy Inc TSX:CVE
66 GF Score
Price C$35.26
GF Value C$22.38
Valuation Significantly Overvalued
! 3 Warning Signs
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What is Cenovus Energy Revenue?

Cenovus Energy TSX:CVE +0.86% 66 Revenue is C$53,412 Mil as of Mar. 2026. GuruFocus rates TSX:CVE with a GF Score™ of 66/100 and a GF Value™ of C$22.38 (Significantly Overvalued). The stock has 3 warning signs investors should review.

Cenovus Energy's revenue for the three months ended in Mar. 2026 was C$13,339 Mil. Its revenue for the trailing twelve months (TTM) ended in Mar. 2026 was C$53,412 Mil. Cenovus Energy's Revenue per Share for the three months ended in Mar. 2026 was C$7.10. Its Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2026 was C$29.12.

Warning Sign:

Cenovus Energy Inc revenue per share has been in decline over the past 3 years.

During the past 12 months, the average Revenue per Share Growth Rate of Cenovus Energy was -9.80% per year. During the past 3 years, the average Revenue per Share Growth Rate was -6.80% per year. During the past 5 years, the average Revenue per Share Growth Rate was 16.20% per year. During the past 10 years, the average Revenue per Share Growth Rate was 10.10% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get other companies' revenue growth rate using Revenue per Share data.

During the past 13 years, Cenovus Energy's highest 3-Year average Revenue per Share Growth Rate was 36.50% per year. The lowest was -19.20% per year. And the median was 7.50% per year.


Cenovus Energy  (TSX:CVE) Revenue Explanation

In ranking the predictability, companies with more consistent revenue and earnings growth are ranked high with predictability.

Peter Lynch categorized companies according to their revenue growth:


Slow Grower: Inflation < 10-Year Revenue Growth Rate < 10%:
Stalwart: 10% < 10-Year Revenue Growth Rate < 20%:
Fast Grower: 10-Year Revenue Growth Rate > 20%:

His favorite companies are stalwart, those growing between 10-20% a year.

Companies in cyclical industries may see their revenue fluctuate wildly in good years and bad years.


Be Aware

Revenue can be manipulated by changing the way how revenue is booked. Companies may book sales before the payment is received, or before the revenue is fully earned. These will be added to balance sheet items such as account payable or account receivables.


Cenovus Energy Revenue Related Terms


Cenovus Energy Revenue Historical Data

* Premium members only.

The historical data trend for Cenovus Energy's Revenue 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.

Cenovus Energy Revenue Chart

Cenovus Energy Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Revenue
Get a 7-Day Free Trial Premium Member Only Premium Member Only 48,811.00 71,765.00 55,474.00 57,726.00 52,751.00

Cenovus Energy Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Revenue Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 14,205.00 12,940.00 13,195.00 13,938.00 13,339.00

TSX:CVE vs XOM, CVX: Revenue Comparison

For the Oil & Gas Integrated subindustry, Cenovus Energy's Revenue, along with its competitors' market caps and Revenue 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 Revenue vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Cenovus Energy's Revenue distribution charts can be found below:

* The bar in red indicates where Cenovus Energy's Revenue falls into.


TSX:CVE
66GF Score
Cenovus Energy Inc TSX:CVE
Revenue is just one metric. See GF Score™, valuation, warning signs, and more.
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Cenovus Energy Revenue Calculation

Also referred as sales, revenue is income that a company receives from its normal business activities, usually from the sale of goods and services to customers. Revenue is often referred to as the "top line" due to its position on the income statement at the very top.

Revenue for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was C$53,412 Mil.

* 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.

Frequently Asked Questions Learn more about Revenue →
What does a Revenue of C$53,412 Mil mean?
Cenovus Energy (TSX:CVE) has a Revenue of C$53,412 Mil as of Mar. 2026. Revenue is the total amount a company generates as sales through its operations. View historical data on Cenovus Energy and its competitors.
Is Cenovus Energy's Revenue too high?
Cenovus Energy's current Revenue is C$53,412 Mil. 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 Revenue compare to XOM and CVX?
Cenovus Energy's Revenue of C$53,412 Mil can be compared against companies in the Oil & Gas industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Revenue for an Oil & Gas company?
A good Revenue depends on the Oil & Gas industry context. However, Revenue should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Revenue mean?
A high Revenue can signal that a stock is expensive relative to its fundamentals. Revenue is the total amount a company generates as sales through its operations. View historical data on Cenovus Energy and its competitors. Cenovus Energy's current Revenue is C$53,412 Mil. 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$22.38, compared to a current price of C$35.26 — trading 57.6% above its estimated fair value. The current Revenue is C$53,412 Mil. 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 Revenue calculated?
Revenue is calculated from a company's financial statements. For Cenovus Energy (TSX:CVE), the current Revenue is C$53,412 Mil as of Mar. 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$35.26 is trading 57.6% above its estimated GF Value™ of C$22.38. GuruFocus considers Cenovus Energy to be Significantly Overvalued.

Key valuation signals for TSX:CVE:

  • Revenue: C$53,412 Mil
  • GF Value™: C$22.38 vs. price of C$35.26 (57.6% above fair value)
  • GF Score™: 66/100 with 3 warning signs

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 Business Description

Industry EnergyOil & Gas
Other Exchanges CVE:USACXD:Germany
Address 225 - 6 Avenue SW, Suite 4100, Calgary, AB, CAN, T2P 1N2
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

Get the complete analysis for TSX:CVE

Revenue is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

C$35.26
Price
C$22.38
GF Value