Wealth Awesome
Pre-market
Loading markets…
PARTNER SPOTLIGHT
CIBC Investor's Edge

Buy the stocks you believe in, for less

For a limited time, trade fractional shares commission-free.¹

  • ✓Own a piece of your favourite companies without buying an entire share
  • ✓Stocks and ETFs, from as little as $1
  • ✓In any account: TFSA, FHSA, RRSP and more

¹Online fractional trades in North American equities under one share, Sep 15, 2026 to Oct 31, 2027. One qualifying order per security, per side, per day. Conditions apply.

Stocks/TSX/CVE-PB

Cenovus Energy Inc Preferred Series 2 (CVE-PB : TSX)

$25.00CAD+0.00 (%)Close of 2026-03-31

Preferred Stock

Follow CVE-PB

CVE-PB

Cenovus Energy Inc Preferred Series 2

Source:WealthAwesomeWealthAwesome
↑ $0.48 (1.96%)
30 day period
$24.52$24.87$25.22Feb 17Mar 10Mar 31

The Saturday TSX Wrap · free, every saturday morning. The week on the TSX, in five minutes.

Key Statistics

Market Cap

-

52W High

$25.00

52W Low

$21.41

P/E Ratio

26.10

50 Day MA

$24.81

200 Day MA

$24.10

Beta

0.68

Dividend Yield

3.12%

Performance history

CVE-PB returns since 2023

Cenovus Energy Inc Preferred Series 2 has traded since Nov 2023 in our data, with 2 up years out of 2 full calendar years. Its deepest fall was −8.4% (Apr 2025 to Apr 2025).

1 year / yr

+10.6%

3 years / yr

—

5 years / yr

—

10 years / yr

—

Calendar-year returns

  • 2023*+2.1%
  • 2024+48.9%
  • 2025+19.7%
  • 2026*+1.1%

* Partial year (first year of data, or year to date).

$10,000 invested in CVE-PB

  • 1 year ago$11,062
  • 2023 (start of our data)$18,380
Best year
2024: +48.9%
Worst year
2025: +19.7%
All-time high in our data
$25 on Mar 11, 2026 · now −0.9%

Total-return basis using adjusted daily closes from the Toronto Stock Exchange and TSX Venture (dividends and splits folded in), Nov 2023 to Mar 2026. Past returns do not predict future ones.

Awesome Portfolio™

Looking past CVE-PB? Our 10 best Canadian stocks, in one list.

14.8% a year since 2017 against 9.7% for the S&P/TSX Composite (+5.0 points a year). Reviewed every month.

See the portfolio →

Recent Price History

DateOpenHighLowCloseAdj CloseVolume
3/31/2026$25.00$25.00$25.00$25.00$25.000
3/30/2026$25.00$25.00$25.00$25.00$25.000
3/27/2026$25.00$25.00$25.00$25.00$25.000
3/26/2026$25.00$25.00$25.00$25.00$25.000
3/25/2026$25.00$25.00$25.00$25.00$25.00500
3/24/2026$24.98$24.98$24.98$24.98$24.980
3/23/2026$24.98$24.98$24.98$24.98$24.980
3/20/2026$24.98$24.98$24.98$24.98$24.980
3/19/2026$25.00$25.00$24.98$24.98$24.981,900
3/18/2026$24.98$24.98$24.98$24.98$24.98800

Wealth Awesome Price Forecast

WA Model

Statistical 90-day price range based on CVE-PB's historical volatility

HistoricalForecast68%95%
C$22.88C$23.94C$24.99C$26.05C$27.10C$28.16TodayNov 18Jan 23Mar 31May 13Jun 26Aug 8

30-Day Vol

6.2%

Annualized

90-Day Vol

8.5%

Annualized

Trend (90d)

+4.4%

Annualized drift

90d Mean

C$25.40

Expected price

HorizonExpected68% Range (1σ)
30 trading daysC$25.13C$24.60 – C$25.67
60 trading daysC$25.26C$24.51 – C$26.04
90 trading daysC$25.40C$24.48 – C$26.35

Methodology: Range is calculated using 30-day realized volatility via geometric Brownian motion (log-normal model). 68% band = ±1σ, 95% band = ±2σ. This is a statistical model, not a prediction. Past volatility does not guarantee future results. Not financial advice.

About Cenovus Energy Inc Preferred Series 2

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 Upstream and Downstream segments. The company is involved in the development and production of bitumen and heavy oil; owns and operates pipeline gathering systems and terminals; operation of assets rich in NGLs and natural gas in Alberta and British Columbia; and offshore operations, exploration, and development activities in the East Coast of Canada and the Asia Pacific region. It also engages in refining, such as owned and operated Lloydminster upgrading and asphalt refining complex; owns and operates the Bruderheim crude-by-rail terminal and two ethanol plants; fuels business; and refining of crude oil to produce gasoline, diesel, jet fuel, asphalt, and other products. Cenovus Energy Inc. was founded in 2009 and is headquartered in Calgary, Canada.

Financials

Revenue (TTM)
$49.70B
EBITDA
$9.53B
Profit Margin
7.91%
ROE (TTM)
12.80%
EPS (Diluted)
0.96
Book Value
16.78

Classification

Sector
Energy
Industry
Oil, Gas & Consumable Fuels
Group
Energy

Recent Dividends

$0.000$0.217$0.4342023-12-14: $0.43402024-03-14: $0.42092024-06-14: $0.41722024-09-13: $0.41492024-12-13: $0.37302025-03-14: $0.32122025-06-13: $0.28472025-09-15: $0.27562025-12-15: $0.27672026-03-13: $0.2434Dec 23Mar 25Mar 26

$0.2434CAD

Ex: Mar 13, 2026

$0.2767CAD

Ex: Dec 15, 2025

$0.2756CAD

Ex: Sep 15, 2025

$0.2847CAD

Ex: Jun 13, 2025

$0.3212CAD

Ex: Mar 14, 2025

$0.3730CAD

Ex: Dec 13, 2024

$0.4149CAD

Ex: Sep 13, 2024

Pay: Oct 1

$0.4172CAD

Ex: Jun 14, 2024

Pay: Jul 2

$0.4209CAD

Ex: Mar 14, 2024

Pay: Apr 1

$0.4340CAD

Ex: Dec 14, 2023

Pay: Jan 2

Free newsletter

The Saturday TSX Wrap

Saturday morning

The week on the TSX, in five minutes

  • The biggest gainers and losers, and why they moved
  • Sector and momentum moves at a glance
  • The Canadian market stories you missed

Free. One email a week. Unsubscribe any time.

Common Questions About CVE-PB

Market movers

Recent TSX movers

Top 1-day gainers — updated from our Canadian movers feed.

All movers →
TickerNamePrice1D
PNC-APostmedia Network Canada Corp$0.14+38.10%
GFRGreenfire Resources Ltd.$10.94+37.96%
ADCOAdcore Inc$0.17+21.43%
DNDDye & Durham Ltd$1.96+20.99%
COPRCoppernico Metals Inc.$0.38+20.97%
ELEFSilver Elephant Mining Corp$0.32+20.75%
FTFortune Minerals Limited$0.09+20.00%
SAMStarcore International Mines Ltd$0.32+18.52%