Cenovus Energy Inc (TO:CVE) — Market Cap & Net Worth

$54.34 Billion USD  · CA$75.12 Billion CAD  · Rank #481

Market Cap & Net Worth: Cenovus Energy Inc (CVE)

Cenovus Energy Inc (TO:CVE) has a market capitalization of $54.34 Billion (CA$75.12 Billion) as of May 2, 2026. Listed on the TO stock exchange, this Canada-based company holds position #481 globally and #20 in its home market, demonstrating a 10.09% increase in market value over the past year.

Market capitalization, also known as net worth in stock markets, is calculated by multiplying Cenovus Energy Inc's stock price CA$39.82 by its total outstanding shares 1886402694 (1.89 Billion). Analyse Cenovus Energy Inc operating cash flow efficiency to see how efficiently the company converts income to cash.

Cenovus Energy Inc Market Cap History: 2015 to 2026

Cenovus Energy Inc's market capitalization history from 2015 to 2026. Data shows growth from $20.51 Billion to $54.34 Billion (7.95% CAGR).

Index Memberships

Cenovus Energy Inc is a constituent of 1 market index:

Index Total Market Cap Weight (%) Rank by Market Cap
S&P TSX Composite Index (Canada)
GSPTSE
$3.68 Trillion 1.48% #20 of 225

Weight: Cenovus Energy Inc's market cap as a percentage of total index value. Rank: Position among all constituents by market cap.

Cenovus Energy Inc Market Cap to Earnings & Revenue Ratios Timeline

This chart shows how Cenovus Energy Inc's valuation ratios have evolved. The Price to Sales (P/S) ratio compares market cap to revenue, while the Price to Earnings (P/E) ratio compares market cap to net income. Lower values may indicate a more undervalued company relative to its financial performance.

Latest Price to Sales (P/S) Ratio

0.55x

Cenovus Energy Inc's market cap is 0.55 times its annual revenue

Industry average: 0.23x Higher than industry average

Latest Price to Earnings (P/E) Ratio

9.46x

Cenovus Energy Inc's market cap is 9.46 times its annual earnings

Industry average: 1.63x Higher than industry average

What These Ratios Tell Investors:

  • Price to Sales (P/S) Ratio: Shows how much investors are paying for each dollar of the company's sales. Lower P/S ratios may indicate undervaluation.
  • Price to Earnings (P/E) Ratio: Shows how much investors are paying for each dollar of the company's earnings. This is one of the most common valuation metrics.
  • Trends in these ratios over time can indicate changing investor sentiment about the company's future growth prospects.
  • Industry comparison provides context for whether the company is valued higher or lower than peers.
Year Market Cap (USD) Revenue (USD) Net Income (USD) P/S Ratio P/E Ratio
2015 $20.51 Billion $13.06 Billion $618.00 Million 1.57x 33.19x
2016 $24.05 Billion $11.01 Billion -$545.00 Million 2.19x N/A
2017 $13.82 Billion $17.04 Billion $2.43 Billion 0.81x 5.69x
2018 $11.77 Billion $20.84 Billion -$2.89 Billion 0.56x N/A
2019 $16.47 Billion $20.18 Billion $2.19 Billion 0.82x 7.51x
2020 $9.81 Billion $13.54 Billion -$2.38 Billion 0.72x N/A
2021 $19.79 Billion $46.36 Billion $587.00 Million 0.43x 33.72x
2022 $34.15 Billion $66.90 Billion $6.45 Billion 0.51x 5.30x
2023 $29.35 Billion $52.20 Billion $4.11 Billion 0.56x 7.14x
2024 $29.73 Billion $54.28 Billion $3.14 Billion 0.55x 9.46x

Competitor Companies of CVE by Market Capitalization

Companies near Cenovus Energy Inc in the global market cap rankings as of May 2, 2026.

Key companies related to Cenovus Energy Inc by market ranking:

  • Exxon Mobil Corp (NYSE:XOM): Ranked #20 globally with a market cap of $637.68 Billion USD.
  • Chevron Corp (NYSE:CVX): Ranked #36 globally with a market cap of $372.46 Billion USD.
  • PetroChina Co Ltd Class A (SHG:601857): Ranked #53 globally with a market cap of $289.54 Billion USD ( CN¥1.98 Trillion CNY).
  • Shell PLC ADR (NYSE:SHEL): Ranked #77 globally with a market cap of $239.42 Billion USD.
Market capitalization comparison (in billions USD)
Rank Company Symbol Market Cap Price
#20 Exxon Mobil Corp NYSE:XOM $637.68 Billion $152.75
#36 Chevron Corp NYSE:CVX $372.46 Billion $190.63
#53 PetroChina Co Ltd Class A SHG:601857 $289.54 Billion CN¥12.22
#77 Shell PLC ADR NYSE:SHEL $239.42 Billion $89.27

Cenovus Energy Inc Historical Marketcap From 2015 to 2026

Between 2015 and today, Cenovus Energy Inc's market cap moved from $20.51 Billion to $ 54.34 Billion, with a yearly change of 7.95%.

Year Market Cap Change (%)
2026 CA$54.34 Billion +71.49%
2025 CA$31.69 Billion +6.56%
2024 CA$29.73 Billion +1.30%
2023 CA$29.35 Billion -14.05%
2022 CA$34.15 Billion +72.56%
2021 CA$19.79 Billion +101.73%
2020 CA$9.81 Billion -40.43%
2019 CA$16.47 Billion +39.96%
2018 CA$11.77 Billion -14.88%
2017 CA$13.82 Billion -42.52%
2016 CA$24.05 Billion +17.25%
2015 CA$20.51 Billion --

End of Day Market Cap According to Different Sources

On May 2nd, 2026 the market cap of Cenovus Energy Inc was reported to be:

Source Market Cap
Yahoo Finance $54.34 Billion USD
MoneyControl $54.34 Billion USD
MarketWatch $54.34 Billion USD
marketcap.company $54.34 Billion USD
Reuters $54.34 Billion USD

Market cap values may vary slightly between sources due to differences in calculation methods, timing, and data refresh rates.

About Cenovus Energy Inc

TO:CVE Canada Oil & Gas Integrated
Market Cap
$54.34 Billion
CA$75.12 Billion CAD
Market Cap Rank
#481 Global
#20 in Canada
Share Price
CA$39.82
Change (1 day)
+0.20%
52-Week Range
CA$16.11 - CA$39.82
All Time High
CA$39.82
About

Cenovus Energy Inc., together with its subsidiaries, develops, produces, refines, transports, and markets crude oil, natural gas, and refined petroleum products in Canada, the United States, and China. It operates through Oil Sands, Conventional, Offshore, Canadian Refining, and U.S. Refining segments. The company develops and produces bitumen and heavy oil in northern Alberta and Saskatchewan. I… Read more