Cenovus Energy (TSX:CVE) Total Payout Ratio: 0.83 (As of Jul. 19, 2026)

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TSX:CVE Cenovus Energy Inc TSX:CVE
60 GF Score
Price C$39.20
GF Value C$22.15
Valuation Significantly Overvalued
! 7 Warning Signs
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What is Cenovus Energy Total Payout Ratio?

Cenovus Energy TSX:CVE +2.43% 60 Total Payout Ratio is 0.83 as of Jul. 19, 2026. GuruFocus rates TSX:CVE with a GF Score™ of 60/100 and a GF Value™ of C$22.15 (Significantly Overvalued). The stock has 7 warning signs investors should review.

Total Payout Ratio is the percent a company has paid to its shareholders through net repurchase of shares and dividends based on its Net Income.

Cenovus Energy's current Total Payout Ratio is 0.83.

Cenovus Energy Total Payout Ratio Related Terms

Cenovus Energy Total Payout Ratio Historical Data

* Premium members only.

The historical data trend for Cenovus Energy's Total Payout Ratio 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 Total Payout Ratio Chart

Cenovus Energy Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Total Payout Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.81 0.54 0.51 0.97 0.91

Cenovus Energy Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Total Payout Ratio 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 0.46 0.80 1.01 1.24 0.47

TSX:CVE vs XOM, CVX: Total Payout Ratio Comparison

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

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

* The bar in red indicates where Cenovus Energy's Total Payout Ratio falls into.


TSX:CVE
60GF Score
Cenovus Energy Inc TSX:CVE
Total Payout Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Cenovus Energy Total Payout Ratio Calculation

Total Payout Ratio is a measurement showing the proportion of earnings a company pays shareholders in the form of dividends and net stock repurchases.

Cenovus Energy's Total Payout Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Total Payout Ratio=- (Repurchase of Stock + Issuance of Stock + Cash Flow for Dividends) / Net Income
=- (-2150 + 0 + -1437) / 3930
=0.91

Cenovus Energy's Total Payout Ratio for the quarter that ended in Mar. 2026 is calculated as

Total Payout Ratio=- (Repurchase of Stock + Issuance of Stock + Cash Flow for Dividends) / Net Income
=- (-356 + 0 + -379) / 1570
=0.47

* 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 Total Payout Ratio →
What does a Total Payout Ratio of 0.83 mean?
Cenovus Energy (TSX:CVE) has a Total Payout Ratio of 0.83 as of Jul. 19, 2026. Total Payout Ratio is the percent a company has paid to its shareholders through net repurchase of shares and dividends based on its Net Income. View historical data on Cenovus Energy and its competitors.
Is Cenovus Energy's Total Payout Ratio too high?
Cenovus Energy's current Total Payout Ratio is 0.83. Overall, Cenovus Energy has a GF Score™ of 60/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Cenovus Energy's Total Payout Ratio compare to XOM and CVX?
Cenovus Energy's Total Payout Ratio of 0.83 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 Total Payout Ratio for an Oil & Gas company?
A good Total Payout Ratio depends on the Oil & Gas industry context. However, Total Payout Ratio 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 Total Payout Ratio mean?
A high Total Payout Ratio can signal that a stock is expensive relative to its fundamentals. Total Payout Ratio is the percent a company has paid to its shareholders through net repurchase of shares and dividends based on its Net Income. View historical data on Cenovus Energy and its competitors. Cenovus Energy's current Total Payout Ratio is 0.83. 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$22.15, compared to a current price of C$39.20 — trading 77% above its estimated fair value. The current Total Payout Ratio is 0.83. Cenovus Energy's overall GF Score™ is 60/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Payout Ratio calculated?
Total Payout Ratio is calculated from a company's financial statements. For Cenovus Energy (TSX:CVE), the current Total Payout Ratio is 0.83 as of Jul. 19, 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$39.20 is trading 77% above its estimated GF Value™ of C$22.15. GuruFocus considers Cenovus Energy to be Significantly Overvalued.

Key valuation signals for TSX:CVE:

  • Total Payout Ratio: 0.83
  • GF Value™: C$22.15 vs. price of C$39.20 (77% above fair value)
  • GF Score™: 60/100 with 7 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.
60GF Score

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

C$39.20
Price
C$22.15
GF Value