Should You Buy Cenovus Stock at a Premium or Step Away Now?

Key Takeaways CVE has soared 58.5% in a year, outperforming peers as shares approach a 52-week high.At US$50 WTI, Cenovus can fund capex and dividends; each $1 WTI move shifts the fund flow by C$220M.EIA sees WTI falling to $53.42 in 2026 and $49.34 in 2027, pressuring Cenovus' heavy oil margins.Cenovus Energy Inc. (CVE) is approaching its 52-week high of $23.24, closing the latest session at $23.13.The rally has been supported by a consistent operational performance, expanding production volumes and a meas ...