When was Cenovus founded?

Cenovus was founded in 2009 and raised its 1st funding round 6 years after it was founded.

Where is Cenovus located?

Cenovus is headquartered in Calgary, Canada. It is registered at , .

How many employees does Cenovus have?

As of Aug 31, 2026, the latest employee count at Cenovus is 6330.

Is Cenovus a funded company?

Cenovus is a funded company, having raised an undisclosed amount across 2 funding rounds to date. The company's 1st funding round was a $***** Post IPO round, raised on Mar 03, 2015.

When was the latest funding round of Cenovus?

Cenovus' latest funding was a $***** Post IPO round on Jan 23, 2022, with participation from 1 investor.

Where does Cenovus rank among its competitors?

Cenovus ranks 113th amongst 5097 active competitors, of which 223 are funded. It stands 11th in terms of total funding among its competitors. The most recent competitor to raise funding was ADNOC, which secured $317M in Aug, 2025.

Who are the top competitors of Cenovus?

Cenovus' top competitors include Shell, MET Petroleum AG and Archrock. Among them, ADNOC secured the most recent funding round in August, 2025.

Cenovus - 2026 Company Profile, Funding & Competitors

Cenovus is a public company based in Calgary (Canada), founded in 2009. It operates as a Provider of natural gas & oil refining, transportation, storage, and marketing services. Cenovus has raised an undisclosed amount in funding. The company has 5097 active competitors, including 223 funded and 1334 that have exited. Its top competitors include companies like Shell, MET Petroleum AG and Archrock.

Company Details

In 2022, the company recorded annual revenues of $47.58B and a net profit of $4.13B.

Website: cenovus.com
Social
Registered Address: ,

Key Metrics

Founded Year

2009

Location

Calgary, Canada

Stage

Public

Latest Funding Round

Post IPO, Jan 23, 2022, $*****

Investors

GMO

Ranked

113^th among 5097 active competitors

Employee Count

6,330 as on Aug 31, 2026

Investment & Acquisitions

Athabasca Oil Corporation & 11 more

Similar Companies

Shell & 5582 more

Exit Details

Public

View Cenovus' full profile

Cenovus is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
CENOVUS ENERGY US, LLC CIN: 383945396 , United States, Active	Dec 31, 1999	-	11 (As on Dec 31, 2020)	-

Cenovus got listed on Nov 23, 2009.

Click here to take a look at Cenovus's IPO in detail

Cenovus has raised funding over 2 rounds. Its first funding round was on Mar 03, 2015. Its latest funding round was a Post IPO round on Jan 23, 2022 for $*****. 1 investor participated in its latest round. Cenovus has 1 institutional investor.

Here is the list of recent funding rounds of Cenovus:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Jan 23, 2022	8920375	Post IPO	2733164	7852711	8853753	3624299
Mar 03, 2015	2193974	Post IPO	2104760	1597902	8323345	5978239

Access funding benchmarks and valuations. Sign up today!

View details of Cenovus's funding rounds and investors

Cenovus' employee count trend

Cenovus has 6,330 employees as of Aug 26. Here is Cenovus's employee count trend over the years:

Uncover Cenovus' growth story! Sign up today!

Access Tracxn on any website

Our Google Chrome extension lets you view company details while browsing their websites

Install Tracxn Extension

Top competitors of Cenovus include Shell, MET Petroleum AG and Archrock. Here is the list of Top 10 competitors of Cenovus, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Shell 1907, London (United Kingdom), Public	Provider of natural gas & oil exploration, refining, midstream, and upstream services	-	Pierce Mason Private Equity, Gov & 4 others	78/100
2nd	MET Petroleum AG 2012, Zug (Switzerland), Acquired	Provider of natural gas, power, oil, LNG/LPG, and power generation services	$58.7M	Keppel Infrastructure, UBS & 1 others	73/100
3rd	Archrock 1954, Houston (United States), Acquired	Provider of natural gas compression solutions for midstream companies	$15M	New Enterprise Associates, Shasta Ventures ... & 4 others	73/100
4th	TotalEnergies 1924, Paris (France), Public	Integrated energy company producing and marketing energy sources	-	Global Infrastructure Partners, BPE Partners ... & 5 others	73/100
5th	YPF 1922, Buenos Aires (Argentina), Public	Provider of natural gas & oil exploration and transportation services	-	BNP Paribas, Santander Bank & 4 others	71/100
6th	California Resources Corporation 2014, Los Angeles (United States), Public	Provider of oil & gas exploration and production services	$550M	Kimmeridge, Ares Management & 3 others	71/100
7th	ORLEN 2001, Plock (Poland), Public	Provider of oil refinery services	-	PAAN CAPITAL, Berrio Capital & 1 others	70/100
8th	Eni Next 1953, Boston (United States), Public	Provider of exploration, production, and distribution services of oil & gas	-	B Capital Fund, Public Investment Fund & 4 others	69/100
9th	ADNOC 1971, Abu Dhabi (United Arab Emirates), Public	Provider of natural gas & oil distributor, processing, and refining services	-	GIC, Shell & 14 others	69/100
10th	OMV Group 1956, Vienna (Austria), Acquired	Provider of oil & gas exploration and production services	-	ADNOC, ADNOC & 2 others	68/100
113th	Cenovus 2009, Calgary (Canada), Public	Provider of natural gas & oil refining, transportation, storage, and marketing services	-	GMO	55/100

Get insights and benchmarks for competitors of 2M+ companies! Sign up today!

Looking for more details on Cenovus's competitors? Click here to see the top ones

Cenovus has made 8 investments in companies including VEERUM and Skyonic. Cenovus has also acquired 4 companies including Athabasca Oil Corporation and MEG Energy.

Here is the list of investments & acquisitions:

Filter this list

Date of Investment/Acquisition	Type	Company Name	Founded Year	Location
Oct 05, 2026	Acquisition	Athabasca Oil Corporation	2006	Calgary (Canada)
Aug 22, 2025	Acquisition	MEG Energy	1999	Calgary (Canada)
Aug 08, 2022	Acquisition	BP Ventures	1909	London (United Kingdom)