The article highlights Cenovus Energy's strong performance over the past 5 years, with an average annual return of 14.98%, outperforming the market. This significant growth, especially in the context of its current market capitalization of $39.17 billion, suggests a positive outlook for CVE in the short term. The doubling of an initial investment in this period underlines the company's robust position in the energy sector, likely attracting more investor interest.