Cenovus Energy Inc.
Cenovus Energy Inc. (TSX: CVE) is trading at CA$43.80, about ₹2,978 at today's CAD/INR rate, as of 25 Sep 2026, 4:00 PM ET, down 1.04% today. Indian residents can buy Cenovus Energy from India on Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
CA$43.27
Today's high
CA$44.04
52 week low
CA$21.62
52 week high
CA$47.45
CVE opened at CA$43.64, closed previously at CA$44.26, and has traded between CA$21.62 and CA$47.45 over the past 52 weeks.
About
Cenovus Energy Inc. is a global energy firm that, through its subsidiaries, engages in the exploration, production, and marketing of crude oil, natural gas liquids, and natural gas across Canada, the United States, and the Asia Pacific region. Its diverse operations are organized into six distinct business units: Oil Sands, Conventional, Offshore, Canadian Manufacturing, U.S. Manufacturing, and Retail. The Oil Sands division is dedicated to the development and extraction of bitumen and heavy oil resources in northern Alberta and Saskatchewan, encompassing significant projects like Foster Creek, Christina Lake, Sunrise, and Tucker, alongside its Lloydminster thermal and conventional heavy oil operations. The Conventional segment manages assets predominantly located in Alberta and British Columbia, specifically in areas such as Elmworth-Wapiti, Kaybob-Edson, Clearwater, and Rainbow Lake, and also holds stakes in various natural gas processing facilities. The Offshore segment focuses on exploration and development initiatives. Within Canadian Manufacturing, the company oversees the Lloydminster upgrading and asphalt refining complex, which processes heavy oil and bitumen into synthetic crude, diesel, asphalt, and other ancillary products; this segment also manages the Bruderheim crude-by-rail terminal and two ethanol production facilities. The U.S. Manufacturing arm specializes in refining crude oil to yield products such as diesel, gasoline, jet fuel, and asphalt. Lastly, the Retail segment is responsible for distributing and selling both its own and third-party refined petroleum products through retail, commercial, bulk outlets, and wholesale channels. Cenovus Energy Inc. was established in 2009 and its corporate headquarters are located in Calgary, Canada.
Key statistics
Avg. volume
5.62M
Market cap
CA$80.78B
P/E Ratio
12.13
Price-to-sales ratio
1.50
Enterprise value
CA$89.24B
Free cash flow yield
9.36%
Debt-to-equity ratio
0.34
Return on equity
21.02%
ROIC
14.29%
Beta
0.50
Dividend yield
1.92%
Last dividend
CA$0.84
Financial overview
Revenue
CA$49.70B
Earnings per share
CA$2.16
Free cash flow
CA$3.41B
Net profit margin
12.37%
Gross margin
21.38%
EBITDA
CA$10.38B
Revenue growth
-8.44%
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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 and then to CAD.
Search for Cenovus Energy and place an order
Find Cenovus Energy by name or by its ticker, CVE, and choose an order type. 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 CAD 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 1.92%.Dividend tax explained
Custody. Shares are held in your own name at Interactive Brokers, segregated from Paasa's own assets.
FAQs
Can Indian residents buy Cenovus Energy stock?
Yes. Cenovus Energy (CVE) has been listed on the Toronto 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 and then to CAD. Shares are held in your own name at Interactive Brokers, segregated from Paasa's own assets.
How much does one Cenovus Energy share cost in rupees?
One Cenovus Energy share is CA$43.80 — about ₹2,978 at a CAD/INR rate of 68.00 on 26 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.
How are gains on Cenovus Energy shares taxed in India?
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 CAD/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 1.92%; the last declared dividend was CA$0.84 per share, about ₹57.12. 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 Toronto 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 Canada is on standard time. Orders can only execute during that window.
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 CAD 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.
Does the rupee rate affect what I make on Cenovus Energy?
Yes. Cenovus Energy is priced in CAD, so your rupee outcome combines the CAD move with the CAD/INR move between the day you remit and the day you convert back. Both directions are reflected in the capital-gains statement Paasa issues.