Cenovus Energy First Quarter 2025 Earnings: Beats Expectations

In This Article:

Cenovus Energy (TSE:CVE) First Quarter 2025 Results

Key Financial Results

  • Revenue: CA$13.3b (flat on 1Q 2024).

  • Net income: CA$859.0m (down 26% from 1Q 2024).

  • Profit margin: 6.5% (down from 8.7% in 1Q 2024).

  • EPS: CA$0.47 (down from CA$0.63 in 1Q 2024).

We've discovered 2 warning signs about Cenovus Energy. View them for free.

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TSX:CVE Earnings and Revenue Growth May 10th 2025

All figures shown in the chart above are for the trailing 12 month (TTM) period

Cenovus Energy Revenues and Earnings Beat Expectations

Revenue exceeded analyst estimates by 5.5%. Earnings per share (EPS) also surpassed analyst estimates by 33%.

Looking ahead, revenue is forecast to stay flat during the next 3 years compared to a 1.3% growth forecast for the Oil and Gas industry in Canada.

Performance of the Canadian Oil and Gas industry.

The company's shares are up 11% from a week ago.

Risk Analysis

We should say that we've discovered 2 warning signs for Cenovus Energy that you should be aware of before investing here.

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