ChartRow logo
Share this page
CVE
$31.65+1.83%
as of close, Oct 1, 2026
☾ AH $31.65 +1.83%
Cenovus Energy IncStock · Energy
PeersBEXOMCVXVLOMPCCOP

Cenovus Energy Inc drawdown: 21.3% below the all-time high

Cenovus Energy Inc is 21.3% below its all-time high, set Apr 8, 2011 (as of market close, Oct 1, 2026). The chart shows every day as a percentage of the highest level reached up to that point: 100% means a fresh record, everything below is a drawdown.

Below all-time high
−21.3%
78.7% of ATH
All-time high
$40.24
Apr 8, 2011
Time below the high
15.5 yrs
since Apr 8, 2011
Worst-ever drawdown
−96.0%
Mar 18, 2020
Longest underwater
15.5 yrs
between all-time highs
Today's level first reached
Dec 6, 2010
15.8 yrs ago
Last time this deep
never before
no prior −21.3% episode

% of all-time high since 2009#

The classic underwater chart (drawdown curve), drawn as % of the all-time high — 100% is a fresh record, everything below it is time spent underwater. Basis and range are in the URL, so a particular view is a link.

Basis
Range
All-time high = 100%20%40%60%80%
CVE close · log2.005.0010.0020.00
2010201520202025

The deepest drawdowns on record#

Every decline of 15% or more from an all-time high (price basis), deepest first.

PeakTroughDepthPeak → troughRecovered byUnderwater
Apr 8, 2011Mar 18, 2020−96.0%8.9 yrsnot yet15.5 yrs+
Apr 14, 2010May 25, 2010−18.9%41 daysDec 2, 20108 mo

Price basis (no dividends) — the convention crash histories use. With dividends reinvested, recoveries arrive years earlier; switch the basis on the chart above to see it.

Drawdown vs what came next#

One dot per month since 2009: how far Cenovus Energy Inc stood below its all-time high, and the total return over the following 1, 5 and 10 years.

1950–19992000–today

Read this with survivorship bias in mind: a single asset's history is one surviving sample, so past recoveries here say little about the odds ahead. Monthly windows also overlap heavily (they are not independent samples). Not investment advice.

FAQ#

How far is Cenovus Energy Inc from its all-time high?
Cenovus Energy Inc is currently 21.3% below its all-time high, set Apr 8, 2011 (as of market close, Oct 1, 2026). Prices only, the convention headlines use; with dividends reinvested the gap is usually smaller.
What was the biggest Cenovus Energy Inc drawdown ever?
The deepest decline on record in our data (since 2009) took Cenovus Energy Inc 96.0% below its prior high, bottoming Mar 18, 2020. The table on this page lists every major episode with its peak, trough and recovery date.

Methodology & related#

Daily data since -1 from CVE; no free deep history exists for Cenovus Energy Inc — for a 150-year drawdown record see the S&P 500 drawdown page. The price basis excludes dividends; the total-return basis reinvests them; the real basis additionally deflates by CPI. See also returns by year. Past performance does not predict future returns; not investment advice.

More on Cenovus Energy Inc