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Cenovus Energy Inc. (CVE) is an energy company in the americas oil processing facilities industry, based in Calgary, Canada, with about 7,211 full-time employees.
It reported revenue of 52.75 billion CAD for fiscal year 2025, down 8.6% from fiscal year 2024, and net income of 3.92 billion CAD. In Q2 2026 (the quarter ended June 30, 2026) revenue was 19.09 billion CAD, up 54.9% from a year before. Its largest business segment, Upstream - Oil Sands, brought in 43% of segment revenue in fiscal year 2025; United States was the largest region with 50%. Its market capitalization was $57.89 billion as of October 9, 2026.
Figures from company filings and market data; latest fiscal year ended December 31, 2025; market data as of October 9, 2026.
, 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 Upstream and Downstream segments.
Cenovus Energy reported 52.75 billion CAD in revenue for fiscal year 2025, down 8.6% from 57.73 billion CAD in fiscal year 2024. In Q2 2026 revenue was 19.09 billion CAD.
Upstream - Oil Sands, with 25.41 billion CAD or 43% of segment revenue in fiscal year 2025. Next: Downstream - U.S.Refining (41%) and Downstream - Canadian Refining (9%).
United States: 50% of revenue by region in fiscal year 2025, followed by Canada (48%).
$57.89 billion as of October 9, 2026.
Listed companies of a similar size in the same industry (americas oil processing facilities) include Marathon Petroleum Corporation (MPC), Valero Energy Corporation (VLO), Phillips 66 (PSX), HF Sinclair Corporation (DINO).