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 Jun 30, 2026, the latest employee count at Cenovus is 6363.

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 117th amongst 4524 active competitors, of which 216 are funded. It stands 11th in terms of total funding among its competitors. The most recent competitor to raise funding was Dominion Energy, which secured $33.6M in May, 2025.

Who are the top competitors of Cenovus?

Cenovus' top competitors include Shell, Hera and TotalEnergies. Among them, Dominion Energy secured the most recent funding round in May, 2025.

Cenovus - 2026 Company Profile, Funding & Competitors

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

117^th among 4524 active competitors

Employee Count

6,363 as on Jun 30, 2026

Investment & Acquisitions

MEG Energy & 10 more

Similar Companies

Shell & 5051 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	3983636	Post IPO	5730521	9656235	8396288	6637035
Mar 03, 2015	5219951	Post IPO	3564995	6960365	6831024	5035248

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Cenovus' employee count trend

Cenovus has 6,363 employees as of Jun 26. Here is Cenovus's employee count trend over the years:

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Top competitors of Cenovus include Shell, Hera and TotalEnergies. 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	83/100
2nd	Hera 2002, Bologna (Italy), Public	Diversified multi-utility and waste management services	$9.86M	CDP Equity, 3i Group & 1 others	77/100
3rd	TotalEnergies 1924, Paris (France), Public	Integrated energy company producing and marketing energy sources	-	Global Infrastructure Partners, BPE Partners ... & 5 others	76/100
4th	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	74/100
5th	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
6th	Dominion Energy 1983, United States, Acquired	Producer and transporter of energy	-	TD Securities, Coast Funding & 7 others	73/100
7th	YPF 1922, Buenos Aires (Argentina), Public	Provider of natural gas & oil exploration and transportation services	-	BNP Paribas, Santander Bank & 4 others	71/100
8th	Sunoco 1889, United States, Early Stage	Petroleum products distribution company	$350K	Bank of America, FEMA & 1 others	71/100
9th	Enbridge 1949, Calgary (Canada), Public	Provider of liquid storage, transportation and distribution services	-	Stifel, PSP Investments & 2 others	71/100
10th	ORLEN 2001, Plock (Poland), Public	Provider of oil refinery services	-	PAAN CAPITAL, Berrio Capital & 1 others	71/100
117th	Cenovus 2009, Calgary (Canada), Public	Provider of natural gas & oil refining, transportation, storage, and marketing services	-	GMO	55/100

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Cenovus has made 8 investments in companies including VEERUM and Skyonic. Cenovus has also acquired 3 companies including MEG Energy and BP Ventures.

Here is the list of investments & acquisitions:

Filter this list

Date of Investment/Acquisition	Type	Company Name	Founded Year	Location
Aug 22, 2025	Acquisition	MEG Energy	1999	Calgary (Canada)
Aug 08, 2022	Acquisition	BP Ventures	1909	London (United Kingdom)
Oct 25, 2020	Acquisition	Husky Energy	1938	Calgary (Canada)