CVENEUTRAL

Revenue Growth (YoY)

-6.1%

Higher than 31% of Energy sector peers

Updated 166h ago

Sector Performance

31th percentile

CVE

-6.1%

Sector Median

2.5%

Sector Avg

9.7%

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Deep Analysis

Revenue growth (year-over-year) measures how much a company's sales increased or decreased compared to the same quarter last year.

Cenovus Energy's current revenue growth of -12.8% means its revenue shrank by more than a tenth over the past year. That performance is well below the sector median of 2.6%, placing the company in the 9th percentile among its Energy peers — meaning 91% of competitors had stronger growth. Trend data is not available: both the year-over-year change and quarter-over-quarter change are listed as N/A, so there is no recent history to assess whether the decline is accelerating or improving. The combination of a sharply negative growth level with no trend information introduces uncertainty about near-term revenue momentum, making the stock harder to evaluate. This metric contradicts an outright bullish outlook and supports the overall NEUTRAL verdict, as the weak position relative to peers offsets any potential positives from other factors.

Frequently Asked Questions

What does the Revenue Growth (YoY) tell investors about CVE?

Year-over-year revenue acceleration is one of the strongest signals of business momentum. Sustained >15% growth is rare and typically re-rated by the market.

How is the Revenue Growth (YoY) calculated?

Revenue Growth (YoY) is calculated as: (Revenue_t - Revenue_t-4) / Revenue_t-4.

How does CVE's Revenue Growth (YoY) compare to its sector?

CVE's Revenue Growth (YoY) of -6.1% compares to a Energy sector median of 2.5%, placing it in the 31th percentile.

Who are CVE's closest peers by Revenue Growth (YoY)?

The closest Energy peers by Revenue Growth (YoY) include: BKR (2.5%), SLB (2.7%), IMO (1.6%), PR (0.8%), SHEL (0.5%).

The Formula

(Revenue_t - Revenue_t-4) / Revenue_t-4

Why It Matters

Year-over-year revenue acceleration is one of the strongest signals of business momentum. Sustained >15% growth is rare and typically re-rated by the market.