Cenovus Energy (CVE) News Today

Here’s a concise roundup of recent Cenovus Energy Inc. (NYSE:CVE) news items and their potential impact on the stock:

• Positive Sentiment: Raymond James Financial lifted its FY2025 EPS estimate for Cenovus to $1.22 per share, up from $1.17, signaling a stronger near-term earnings outlook. Cenovus Energy FY2025 EPS Boosted by Raymond James Financial
• Positive Sentiment: In the same Raymond James research note, analysts raised EPS projections across FY2026–FY2029—forecasting growth from $1.03 in 2026 to $2.12 by 2029—underlining an improving long-term profit trajectory. Free Report
• Positive Sentiment: Cenovus agreed to sell its 50% stake in WRB Refining LP (including the Wood River Refinery) to joint-venture partner Phillips 66 for $1.4 billion, which should strengthen its balance sheet and free up capital. Cenovus Energy (CVE) to Sell 50% Interest in WRB Refining LP
• Neutral Sentiment: MarketBeat named Cenovus one of three Canadian stocks to watch on September 10, joining CSX and Canadian Pacific Kansas City on its spotlight list. Canadian Stocks To Add to Your Watchlist - September 10th
• Neutral Sentiment: CVE shares held steady on Friday and continued to outperform broader market indices, reflecting investor confidence in the company’s recent operational moves. Cenovus Energy Inc. stock remains steady Friday, still outperforms market
• Negative Sentiment: Short interest in Cenovus spiked 323% in August to 86.67 million shares (6.9% of float) with a 6.4-day cover ratio, suggesting growing bearish pressure.