Cenovus Energy (TSX:CVE) Shareholder Yield % : 3.26% (As of Mar. 2026) — 25% Below Median


TSX:CVE Cenovus Energy Inc TSX:CVE
66 GF Score
Price C$35.17
GF Value C$22.41
Valuation Significantly Overvalued
! 3 Warning Signs
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What is Cenovus Energy Shareholder Yield %?

Cenovus Energy TSX:CVE +0.60% 66 Shareholder Yield % is 3.26% as of Mar. 2026, which is 25% below its 10-year median of 4.33. 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 972 Oil & Gas companies, Cenovus Energy ranks better than 60.6% on this metric.

Shareholder Yield % is how much money shareholders receive from a company that is in the form of cash dividends, net stock repurchases, and debt reduction. It is a measure of shareholder return. As of today, Cenovus Energy's Shareholder Yield % was 3.26%.


Cenovus Energy  (TSX:CVE) Shareholder Yield % Explanation

Shareholder Yield % is how much money shareholders receive from a company that is in the form of cash dividends, net stock repurchases, and debt reduction. The term was coined by William W. Priest of Epoch Investment Partners in a paper in 2005 entitled The Case for Shareholder Yield as a Dominant Driver of Future Equity Returns. William Priest indicated that "shareholder yield is a term that we came up with to reflect the various ways dividends can be paid to owners of a business in a publicly-traded company."

Shareholder Yield % is calculated by three components: Dividend Yield %, Buyback Yield %, and Net Debt Paydown Yield %.

Dividend Yield % shows how much a company pays out in dividends each year relative to its stock price, which is most obvious form of shareholder return.

Buyback Yield % is the net repurchase of shares outstanding over the market capital of the company. Shares repurchases also increase shareholder value by returning the money back to shareholders.

Net Debt Paydown Yield % is the change in average of four quarters of company's total debt over a company's market cap. Assuming the total value of a company remains that same, shareholder value is increased as debt is reduced.


Cenovus Energy Shareholder Yield % Related Terms


Cenovus Energy Shareholder Yield % Historical Data

* Premium members only.

The historical data trend for Cenovus Energy's Shareholder 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.

Cenovus Energy Shareholder Yield % Chart

Cenovus Energy Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Shareholder Yield %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -20.02 13.47 10.62 8.94 5.38

Cenovus Energy Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Shareholder Yield % 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 7.87 6.21 5.42 5.38 3.05

TSX:CVE vs XOM, CVX: Shareholder Yield % Comparison

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

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

* The bar in red indicates where Cenovus Energy's Shareholder Yield % falls into.


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

Cenovus Energy's Shareholder Yield % for the quarter that ended in Mar. 2026 is calculated as:

Shareholder Yield %=Dividend Yield %+Buyback Yield %+Net Debt Paydown Yield %
=2.17 %+3.45 %+-2.57 %
=3.05 %

* 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.

* All the data are calculated by TTM values. Note that if a companies is traded in several exchanges, then we calculate the company level data for Shareholder Yield % using the primary share class stock data. The calculation result in definition page is for demonstration purpose only, and it's showing the share class level data. Therefore, the numbers in the calculation may differ from elsewhere if the stock is not a primary share.

Frequently Asked Questions Learn more about Shareholder Yield % →
What does a Shareholder Yield % of 3.26% mean?
Cenovus Energy (TSX:CVE) has a Shareholder Yield % of 3.26% as of Mar. 2026. Shareholder Yield is how much money shareholders receive from a company that is in the form of cash dividends, net stock repurchases, and debt reduction. View historical data on Cenovus Energy and its competitors. This is 25% below median its historical median of 4.33. According to the industry distribution chart, Cenovus Energy ranks #383 out of 972 companies in the Oil & Gas industry, placing it in the top 39.4%.
Is Cenovus Energy's Shareholder Yield % too high?
Cenovus Energy's current Shareholder Yield % of 3.26% is 25% below median its 10-year median of 4.33. The Oil & Gas industry median Shareholder Yield % is 0.93. Cenovus Energy's value of 3.26% is 250.5% above this industry median. Based on the distribution chart, Cenovus Energy ranks #383 out of 972 companies in the Oil & Gas industry, which is above the industry midpoint. 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 Shareholder Yield % compare to XOM and CVX?
According to the Oil & Gas industry distribution chart, Cenovus Energy ranks #383 out of 972 companies for Shareholder Yield %. This puts Cenovus Energy in the upper half of its industry. The industry median Shareholder Yield % is 0.93. Cenovus Energy's value of 3.26% is 250.5% above this benchmark. While the company's 10-year median is 4.33 vs. the industry median of 0.93, 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 Shareholder Yield % for an Oil & Gas company?
The median Shareholder Yield % among Oil & Gas companies is 0.93, based on 972 companies in the industry. Companies in the top quartile (top 25%) have a Shareholder Yield % significantly above this median, while those in the bottom quartile fall well below. However, Shareholder Yield % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Cenovus Energy's current Shareholder Yield % of 3.26% is 250.5% 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 Shareholder Yield % mean?
A high Shareholder Yield % can signal that a stock is expensive relative to its fundamentals. Shareholder Yield is how much money shareholders receive from a company that is in the form of cash dividends, net stock repurchases, and debt reduction. View historical data on Cenovus Energy and its competitors. For the Oil & Gas industry, the median Shareholder Yield % is 0.93 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Cenovus Energy's current Shareholder Yield % is 3.26%, which is 25% below median its own 10-year median of 4.33. 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$35.17 — trading 56.9% above its estimated fair value. The current Shareholder Yield % is 3.26%, which is 25% below median its 10-year median of 4.33 and 250.5% above the Oil & Gas industry median of 0.93. 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 Shareholder Yield % calculated?
Shareholder Yield % is calculated from a company's financial statements. For Cenovus Energy (TSX:CVE), the current Shareholder Yield % is 3.26% 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$35.17 is trading 56.9% above its estimated GF Value™ of C$22.41. GuruFocus considers Cenovus Energy to be Significantly Overvalued.

Key valuation signals for TSX:CVE:

  • Shareholder Yield %: 3.26% (25% below median its 10-year median of 4.33)
  • GF Value™: C$22.41 vs. price of C$35.17 (56.9% above fair value)
  • GF Score™: 66/100 with 3 warning signs
  • Industry Position: 250.5% above the Oil & Gas median (#383 of 972)

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

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

C$35.17
Price
C$22.41
GF Value