Cenovus Energy (CVE) – Analysts’ Recent Ratings Updates

Several analysts have recently updated their ratings and price targets for Cenovus Energy (NYSE: CVE):

• 7/30/2026 – Cenovus Energy had its “outperform” rating reaffirmed by Scotiabank.
• 7/30/2026 – Cenovus Energy had its price target raised by Royal Bank Of Canada from $47.00 to $51.00. They now have an “outperform” rating on the stock.
• 7/28/2026 – Cenovus Energy was downgraded by Weiss Ratings from “buy (b-)” to “hold (c+)”.
• 7/25/2026 – Cenovus Energy was downgraded by Wall Street Zen from “strong-buy” to “buy”.
• 7/16/2026 – Cenovus Energy was upgraded by Desjardins to “moderate buy”.
• 7/7/2026 – Cenovus Energy was upgraded by Weiss Ratings from “hold (c+)” to “buy (b-)”.
• 6/26/2026 – Cenovus Energy was upgraded by Scotiabank to “strong-buy”.
• 6/18/2026 – Cenovus Energy was downgraded by Weiss Ratings from “buy (b-)” to “hold (c+)”.
• 6/16/2026 – Cenovus Energy was downgraded by Zacks Research from “strong-buy” to “hold”.
• 6/1/2026 – Cenovus Energy was upgraded by Weiss Ratings from “hold (c+)” to “buy (b-)”.

Cenovus Energy Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, September 29th. Stockholders of record on Tuesday, September 15th will be paid a $0.22 dividend. This represents a $0.88 annualized dividend and a dividend yield of 2.9%. The ex-dividend date is Tuesday, September 15th. Cenovus Energy’s dividend payout ratio (DPR) is 23.46%.

Cenovus Energy Inc is a Canadian integrated energy company engaged in the exploration, development and production of crude oil, natural gas liquids and natural gas, together with downstream refining and marketing activities. Headquartered in Calgary, Alberta, Cenovus operates a mix of oil sands thermal and dilbit assets, conventional oil and gas properties, and owns refining and midstream assets designed to move and process hydrocarbons into finished petroleum products for commercial markets.

The company was originally formed as a spin‑off from Encana Corporation in 2009 and has grown through organic development and strategic acquisitions.