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CVE.TO hits new 52-week high as Iran-US conflict lifts oil; FY EPS up 26% in 7 days
- Cenovus Energy (CVE.TO) touched a new 52-week high of C$41.03 on May 4, closing at C$40.79 — up 2.4% on the day and 147.6% over the past year — as oil prices surged on US-Iran fighting in the Gulf.
- FY EPS consensus jumped 26% in 7 days to C$3.87 from C$3.08, and has risen 283% over 30 days from C$1.01; CIBC reaffirmed Outperformer with a C$46 price target on May 4.
- The stock carries 16 buy ratings and zero sell ratings, with Q1 results expected imminently.
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Conclusion
daily_prices (2026-05-04 04:00 UTC): close=40.79, high=41.03, volume=10,173,920. Prior 52w high=39.88 (now exceeded). eps_trend (0y, 2026-05-05): current=3.87 vs seven_days_ago=3.08 (+25.7%) vs thirty_days_ago=1.01 (+283%). recommendations (0m): buy=11, strong_buy=5, sell=0. news: CIBC Outperformer reaffirmation (2026-05-04); Bloomberg Iran/oil story (2026-05-05 01:37 UTC).