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$CVE
Cenovus Energy
Signal as of July 25, 2026  ·  90-day rolling window  ·  Integrated Oil & Gas
Confluence Score
79
out of 100  ·  Confluence  ·  Full breakdown →
Score delayed 7 days on Free  ·  See today's score — Analyst →
Signals scoring 75–89 have historically hit 60% of the time (avg +9.7% over 90 days, 362 backtested signals). Methodology →
🔒 Risk monitoring — insider-selling & reversal warnings (Analyst)
Confluence Score
79
Insider Activity (90d)
7
4 buyers  ·  $8.6M  ·  open-market only
Current Price
$42.27
CAD  ·  5-min cache
Market Cap
$78.2B
CAD  ·  TMX
Lobbying & Contracts
Active
6 regs  ·  0 contracts
Energy on Form55: 59% hit rate · +3.6% alpha vs XIU.TO · 68 closed signals Track Record →
Signal Analyst
The Confluence Score and insider trade feed above are free. Signal Analyst adds the full component breakdown, lobbying registrations, and contract wins — plus alerts when this company's signal moves, so you don't have to keep checking back.
Monitor — CAD $29/mo
Price Chart
12 months daily  ·  TSX:CVE
Insider Transactions
90-day window  ·  21 filings
Date Insider Role Nature Dir. Shares Buy Price Return Value
May 21, 2026 Murray, Geoffrey Open Market Buy 25,000 $42.49 -0.5%  · 72d $1.1M
May 21, 2026 Murray, Geoffrey Exercise Buy 25,000
May 21, 2026 Murray, Geoffrey Exercise Sell 25,000 $11.73 $293K
May 15, 2026 Anderson-Olney, Susan Mary Exercise Sell 21,146 $23.56 $498K
May 15, 2026 Anderson-Olney, Susan Mary Exercise Buy 21,146
May 15, 2026 Anderson-Olney, Susan Mary Open Market Buy 21,146 $41.81 +1.1%  · 78d $884K
May 15, 2026 Anderson-Olney, Susan Mary Exercise Sell 19,379 $24.60 $477K
May 15, 2026 Anderson-Olney, Susan Mary Exercise Buy 19,379
May 15, 2026 Anderson-Olney, Susan Mary Open Market Buy 19,379 $41.84 +1.0%  · 78d $811K
May 14, 2026 Dahlin, Andrew Exercise Sell 30,000 $23.56 $707K
May 14, 2026 Dahlin, Andrew Exercise Buy 30,000
May 14, 2026 Dahlin, Andrew Open Market Buy 30,000 $41.55 +1.7%  · 79d $1.2M
May 11, 2026 Anderson-Olney, Susan Mary Open Market Buy 18,913 $39.85 +6.1%  · 82d $754K
May 11, 2026 Anderson-Olney, Susan Mary Exercise Buy 37,072
May 11, 2026 Anderson-Olney, Susan Mary Open Market Buy 37,072 $39.85 +6.1%  · 82d $1.5M
May 11, 2026 Anderson-Olney, Susan Mary Exercise Sell 18,913 $19.88 $376K
May 11, 2026 Anderson-Olney, Susan Mary Exercise Buy 18,913
May 11, 2026 Anderson-Olney, Susan Mary Exercise Sell 37,072 $20.43 $757K
May 07, 2026 McKenzie, Jonathan Michael EVP & CFO Open Market Buy 60,000 $38.72 +9.2%  · 86d $2.3M
May 07, 2026 McKenzie, Jonathan Michael EVP & CFO Exercise Buy 60,000
May 07, 2026 McKenzie, Jonathan Michael EVP & CFO Exercise Sell 60,000 $19.88 $1.2M
Score uses open-market buys only  ·  7 open-market  ·  7 plan / compensation shown but not scored  ·  Return is unrealized, to today's price; a “· Nd” mark means the 90-day window is still open (N of 90 days) — too early to judge.
Score Breakdown
Signal Analyst  ·  $29/mo
Component Points Max Detail Weight
Conviction (unique buyers)  ✓ FREE PREVIEW 20 30 4 unique buyers
Buy/sell ratio 20 50% buys (7B / 7S)
Dollar value 25 $8.6M (sweet spot)
Lobbying activity 15 6 regs
Contract wins 10 None
Insider track record 10 Avg 26% credibility (limited data)
Private placements 8 None
Confluence bonus 10 Partial confluence (2+ signal sources)
Cluster timing (velocity) 10 Loose cluster: 2+ insiders bought same-day or within ~2 weeks
Buy/sell reversal pattern 8 2 insiders reversed from selling to buying
Total 79 100
Unlock Component Detail — CAD $29/mo
Buying Insiders
Open-market · 90 days · 4 unique buyers
Insider Credibility Hit Rate Avg 90d Return Trades (eval'd) Buy Value (90d) Last Buy
McKenzie, Jonathan Michael
EVP & CFO
59 /100 80% +6.8% 225 $2.3M May 07, 2026
Dahlin, Andrew 23 /100 49% +7.9% 59 $1.2M May 14, 2026
Anderson-Olney, Susan Mary 20 /100 12% -5.0% 26 $3.9M May 15, 2026
Murray, Geoffrey 20 /100 5% -5.7% 21 $1.1M May 21, 2026
Credibility score: historical hit rate × avg 90d return × sample size. View full insider leaderboard →
Lobbying Registrations
OCL active  ·  6 registrations
Effective Registrant Subject Matter Institutions Status
May 13, 2026 Cenovus Energy Inc.  ✓ FREE PREVIEW Discussion regarding federal support for employment and training programs related to the industry. |… National Defence (DND); Natural Resources Canada (NRCan); Privy Counci… Active
Active
Active
+ 3 more registrations
Unlock 6 Registrations — CAD $29/mo
Government Contract Wins
90-day window  ·  none found
No government contract wins in the last 90 days. Analyst plan →
Private Placements
12 months  ·  Signal Analyst  ·  $29/mo
Private placement history, deal size, and lock-up expiry tracking. Analyst plan →
Political Footprint
Donations · lobbying · contracts

7 insiders linked to CVE are also individual political donors — $36K across 50 donations (2010–2025).

Conservative Party of Canada · $32K Liberal Party of Canada · $4K

Form55 also tracks CVE's federal footprint: $23K across 2 federal contracts from 2 departments.

Sources: Elections Canada (individual donations only — corporate political donations banned federally since 2007), the federal Registry of Lobbyists, and federal contract disclosures. Insiders matched to donors by name. Shown for transparency from disclosed public records — this is not a Confluence Score input, implies no causal link between donations, lobbying, or contracts, and is not a claim of wrongdoing.

Indigenous Consultation
no records on file

No Indigenous consultation records on file for CVE.

SEDAR+ Filings
official filing registry
Form55 monitors SEDAR+ filing alerts and newswire announcements for Technical Reports and material changes. Search SEDAR+ →
Short Interest
CIRO  ·  Jul 15, 2026
Shares short
12,992,568
Net change
+1,149,755 (+9.7%)
History
Jul 15: 12,992,568
Jun 30: 11,842,813
Jun 15: 10,303,260
May 31: 12,084,086
May 15: 11,035,471
Apr 30: 11,374,290
Aggregate short position from CIRO's Consolidated Short Position Report (published twice monthly).
Wikipedia Attention
Pageviews  ·  30 days
Views (30d)
3,504
Daily English-Wikipedia pageviews (Wikimedia). Traffic spikes often coincide with news — a public-attention indicator, not investment advice.
Boardroom Connections
10 insiders also active elsewhere
Insider Other boards Also an insider at
Kvisle, Harold N. 2 ARX (63), SOBO (54)
CROTHERS, MICHAEL JOHN 1 KEY (79)
Mongeau, Claude 1 TD (77)
Hart, Jeffrey Ryan 1 NPI (70)
Dabarno, Susan Fay 1 MFC (77)
Walters, Sarah Jane 1 NTR (84)
Lewis, Melville George 1 SOBO (54)
Martineau, Chana Lynn 1 AGI (86)
Daniel, Patrick Darold 1 CM (79)
Li, Ka-shing (name match?) 1 NXE (84)
People who file as insiders here and at other TSX/TSXV companies (number in brackets = that company's Confluence Score). A well-connected insider taking a seat at a new junior can be an early tell. Matched by name across SEDI filings; funds and 10%+ holders excluded.
Government Grants & Funding
6 federal awards  ·  $7.0M total
Program / Agreement Department Amount Start
Green Industrial Facilities and Manufacturing Program Contribution Natural Resources Canada $1.8M Mar 2025
Clean Fuels Program Contribution Natural Resources Canada $1.7M Dec 2023
Clean Fuels Program Contribution Natural Resources Canada $1.1M Dec 2023
Clean Fuels Program Contribution Natural Resources Canada $386K Dec 2023
Energy Innovation Program Contribution Natural Resources Canada $1.6M Feb 2023
Contributions for Growing Canada's Forests to 2 Billion Trees Contribution Natural Resources Canada $401K Jul 2021
Federal grants & contributions disclosed by the Government of Canada (Proactive Disclosure), matched to this issuer by legal name. Government funding can be a pre-revenue validation and capital signal. Display-only context, not a Confluence Score input.
Form55 provides data and analysis for informational purposes only. Nothing on this site constitutes investment advice or a recommendation to buy or sell any security. Past performance is not indicative of future results.