Cenovus Energy Inc.
Cenovus Energy Inc. (NYSE: CVE) is trading at $31.08, about ₹2,984 at today's USD/INR rate, as of 30 Sep 2026, 4:00 PM ET, up 0.39% today. Indian residents can buy Cenovus Energy from India on Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
$31.05
Today's high
$31.61
52 week low
$15.63
52 week high
$34.16
CVE opened at $31.19, closed previously at $30.96, and has traded between $15.63 and $34.16 over the past 52 weeks.
About
Cenovus Energy Inc. is an integrated energy firm involved in the exploration, extraction, processing, and sale of crude oil, natural gas liquids, and natural gas. Its operations span Canada, the United States, and the Asia Pacific region. The company organizes its extensive activities across six core segments: Oil Sands, Conventional, Offshore, Canadian Manufacturing, U.S. Manufacturing, and Retail. The Oil Sands division is responsible for developing and producing bitumen and heavy oil from significant projects in northern Alberta and Saskatchewan, including Foster Creek, Christina Lake, Sunrise, and Tucker, in addition to its Lloydminster thermal and conventional heavy oil operations. Cenovus’s Conventional segment encompasses assets primarily situated in Alberta and British Columbia, specifically in areas such as Elmworth-Wapiti, Kaybob-Edson, Clearwater, and Rainbow Lake, alongside holdings in various natural gas processing facilities. The Offshore segment is solely dedicated to exploration and development endeavors. Its Canadian Manufacturing segment includes the proprietary Lloydminster upgrading and asphalt refining complex, which converts heavy oil and bitumen into synthetic crude oil, diesel fuel, asphalt, and other related products. This segment also oversees the Bruderheim crude-by-rail terminal and operates two ethanol plants. The U.S. Manufacturing segment focuses on refining crude oil to produce diesel, gasoline, jet fuel, asphalt, and various other petroleum products. Finally, the Retail segment manages the distribution and sales of both its own and third-party refined petroleum products through a network of retail, commercial, and bulk petroleum outlets, as well as wholesale channels. Cenovus Energy Inc. was founded in 2009 and maintains its corporate headquarters in Calgary, Canada.
Key statistics
Avg. volume
7.41M
Market cap
$57.32B
P/E Ratio
12.25
Price-to-sales ratio
1.51
Enterprise value
CA$56.28B
Free cash flow yield
8.10%
Debt-to-equity ratio
0.34
Return on equity
12.43%
ROIC
6.70%
Beta
0.50
Dividend yield
1.90%
Last dividend
$0.61
Financial overview
Revenue
CA$49.66B
Earnings per share
CA$2.17
Free cash flow
CA$3.41B
Net profit margin
12.37%
Gross margin
21.38%
EBITDA
CA$10.37B
Revenue growth
-13.98%
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This is not an investment recommendation
How to buy Cenovus Energy from India
Indian residents can buy Cenovus Energy shares through Paasa in four steps. Funds leave India under the RBI's Liberalised Remittance Scheme and the shares are held in your own name with Interactive Brokers.
Open a Paasa account
Complete digital KYC with your PAN, Aadhaar and address proof. Your brokerage account is opened in your own name with Interactive Brokers.
Add funds under LRS
Transfer INR from your Indian bank account. Your bank reports the remittance under the RBI's Liberalised Remittance Scheme and converts it to US dollars.
Search for Cenovus Energy and place an order
Find Cenovus Energy by name or by its ticker, CVE, and choose an order type. You can buy by amount or by quantity — fractional shares mean there is no minimum trade size. Cenovus Energy trades 7:00 pm – 1:30 am IST; orders can only execute during that window.
Track holdings and download tax reports
Follow your Cenovus Energy position in USD and INR, and use Paasa's capital-gains and dividend statements when you file your Indian return.
Read the full guide: how to invest in Cenovus Energy from India
Trading and taxes when buying Cenovus Energy from India
Trading and limits
- Trading hours
- 9:30 am – 4:00 pm ET
- LRS limit
- $250,000Per financial year, under the RBI's Liberalised Remittance Scheme.
Tax for Indian residents
- TCS on remittance
- 20%Collected by your bank on LRS remittances above ₹10 lakh in a financial year. The TCS is adjustable against your income-tax liability.Adjusting TCS against your tax
- Capital gains in India
- 12.5% or slab rateGains on shares held for more than 24 months are long-term and taxed at 12.5%. Gains on shares held for 24 months or less are short-term and taxed at your income-tax slab rate.Capital gains explained
- Dividends
- Slab rateDividends are taxed at your slab rate in India. Cenovus Energy’s current yield is 1.90%.Dividend tax explained
Custody. Shares are held in your own name at Interactive Brokers LLC and are SIPC-insured up to $500,000 in total, including $250,000 for cash.
FAQs
Can Indian residents buy Cenovus Energy stock?
Yes. Cenovus Energy (CVE) has been listed on the New York Stock Exchange since 2009, in the Oil & Gas Integrated industry, and Indian residents can buy it through Paasa. You fund the account from your Indian bank under the RBI's Liberalised Remittance Scheme and the money is converted to US dollars. Shares are held in your own name at Interactive Brokers LLC and are SIPC-insured up to $500,000 in total, including $250,000 for cash.
How much does one Cenovus Energy share cost in rupees?
One Cenovus Energy share is $31.08 — about ₹2,984 at a USD/INR rate of 96.00 on 30 Sep 2026. Both the Cenovus Energy price and the rupee rate move during the day, so the rupee cost changes with them.
What are the LRS and TCS rules for buying Cenovus Energy from India?
Remit up to $250,000 per financial year under the RBI's Liberalised Remittance Scheme (LRS). Banks collect 20% tax at source on LRS remittances above ₹10 lakh in a financial year; the TCS is adjustable against your income-tax liability. FX and the LRS declaration are handled by your bank when you fund your account.
Can I buy whole shares of Cenovus Energy?
Yes. One Cenovus Energy share is $31.08, and you can buy as many whole shares as you like. You can also buy by amount rather than by quantity: there is no minimum trade size, and Paasa supports fractional investing in Cenovus Energy.
How are gains on Cenovus Energy shares taxed in India?
The US does not levy capital gains tax on shares for Indian residents, so the tax is an India-side one. Gains on shares held for more than 24 months are long-term and taxed at 12.5%. Gains on shares held for 24 months or less are short-term and taxed at your income-tax slab rate. The gain is computed in rupees using the USD/INR rate on the purchase and the sale date, so the rupee move counts alongside the Cenovus Energy price. Paasa issues a capital-gains statement for your return.
Does Cenovus Energy pay a dividend, and how is it taxed in India?
Yes. Cenovus Energy pays a dividend and the current yield is 1.90%; the last declared dividend was $0.61 per share, about ₹58.20. Dividends are taxed at your slab rate in India. Paasa's dividend report lists the gross dividend and any tax withheld for each payment.
When can I trade Cenovus Energy from India?
The New York Stock Exchange trades 7:00 pm – 1:30 am IST in Indian time, so the close lands after midnight. The window shifts to 8:00 pm – 2:30 am IST when the US is on standard time. Orders can only execute during that window.
Is Cenovus Energy a United States company, and does that change how it is taxed?
Cenovus Energy trades on the New York Stock Exchange in US dollars, but the company is domiciled in Canada. Cenovus Energy trades as an ordinary share listed directly in the US, not a depositary receipt. Some non-US companies list in the US through American Depositary Receipts, which can carry dividend withholding at the company's home-country rate. Your India-side capital-gains treatment is the same either way.
Do I have to declare Cenovus Energy shares in my Indian tax return?
Yes. Foreign shares held on 31 March must be reported in Schedule FA of your Indian income-tax return. Paasa gives you a Schedule FA-ready statement listing your Cenovus Energy holding, its cost and its closing value.
How do I sell Cenovus Energy and bring the money back to India?
You sell during market hours (7:00 pm – 1:30 am IST) and the proceeds settle in USD in your Paasa account. From there you can hold the balance, reinvest, or repatriate. Funds can be withdrawn in any currency to any bank account in your own name. Whether the sale is short- or long-term is decided by the 24-month holding period.