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  4. CENOVUS ENERGY INC
Cenovus Energy Inc
XNYS: CVE
31.47-0.93(-2.87%)
12.2M
XNYS Volume

XNYS 05 Oct, 2026 5:30 PM (EDT)

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Acquisition
Cenovus Energy to acquire Athabasca Oil for $5.7 bn to expand its oil-sands portfolioSee details

Cenovus Energy Inc quarterly and annual earnings report: results, revenue, profit, P&L, balance sheet, cash flow, financial ratios, revenue mix, peer comparison, and financial documents

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Forecaster Analyst Estimates for Cenovus Energy Inc share price target, revenues, EPS, net income and more

Cenovus Energy Inc quarterly results: revenue, profit, and P&L – 13 quarter history

  • POSITIVE

    Quarterly Revenue Cenovus Energy Inc Jun-2026 Quarterly Revenue is $19,088 Million which is growth of 47.5% YoY.

  • POSITIVE

    Quarterly Net Profit Cenovus Energy Inc Jun-2026 Quarterly Net Profit is $2,870 Million which is growth of 237.3% YoY.

Cenovus Energy Inc, Earnings Report - Quarterly Results, standalone, All financials are in CAD Million and price data in USD
IndicatorGraphJun '26Mar '26Dec '25Sep '25Jun '25Mar '25Dec '24Sep '24Jun '24Mar '24Dec '23Sep '23Jun '23
Operating Rev.
19,08813,33913,93813,19512,94014,20515,19514,24915,74414,14414,03615,71212,868
Cost Of Rev.
13,1969,09411,1509,86810,34611,09512,45711,30712,14110,65711,39211,11610,059
Gross Profit
5,8924,2452,7883,3272,5943,1102,7382,9423,6033,4872,6444,5962,809
⌄
1,6111,8861,6481,8141,9041,8261,8971,9082,1031,8011,6661,8471,712
Operating Profit
4,2812,3591,1401,5136901,2848411,0341,5001,6869782,7491,097
-181-194-165-154-114-136-120-118-141-135-145-73-159
Profit Before Tax
3,9422,0841,0341,2971,0161,1301841,0241,3091,5549742,4251,048
Tax
1,0725141001116527138204309378231561182
⌄
2,8701,5689321,2848478531378119911,1677341,855857
Diluted NI Avail to Com Stockholders Ann.
2,8631,5689331,2848478531317809911,1677341,855857
Basic EPS
1.50.80.50.70.50.50.10.40.50.60.410.5
Diluted EPS After ExtraOrdinary
1.60.90.50.80.30.50.30.40.60.70.41.10.4
Number Of Shares End
1,860.11,874.91,819.11,788.91,810.61,821.31,825.71,8481,859.41,867.81,879.11,891.91,903
Net Income Continuing Discontinued Operations
2,8701,5709341,2868518591468201,0001,1767431,864866
Normalized Income
3,058.61,670.99431,378.2540.3871.9504.7764.81,090.21,248.7672.82,082.3791.6
Interest Income
212621285033475137353311734
Interest
199208186158154163162160163164164185186
Net Interest Income
-181-194-165-154-114-136-120-118-141-135-145-73-159
EBIT
4,1412,2921,2201,4551,1701,2933461,1841,4721,7181,1382,6101,234
EBITDA
5,6263,7632,5922,7772,3542,6071,5712,4022,7052,9132,3883,8072,306
Reconciled Cost Of Rev.
13,1969,09411,1509,86810,34611,09512,45711,30712,14110,65711,39211,11610,059
Reconciled Depr.
1,4851,4711,3721,3221,1841,3141,2251,2181,2331,1951,2501,1971,072
Profit From Continuing Operations
2,8701,5709341,2868518591468201,0001,1767431,864866
Normalized EBITDA
5,8853,8972,6022,8701,9832,6242,0232,3332,8233,0092,2964,0912,216
*All financials are in CAD Million and price data in USD

Cenovus Energy Inc competitor comparison and performance snapshot within industry

Cenovus Energy Inc annual results: revenue, profit, P&L, and margins as of Dec 2025 – 11 year history

  • NEGATIVE

    Annual Revenue Cenovus Energy Inc Dec-2025 Annual Revenue is $52,751 Million which is growth of -8.6% YoY.

  • POSITIVE

    Annual Net Profit Cenovus Energy Inc Dec-2025 Annual Net Profit is $3,930 Million which is growth of 25.1% YoY.

Cenovus Energy Inc, Earnings Report - Annual Results, standalone, All financials are in CAD Million and price data in USD
IndicatorGraphCAGR 3 YrsCAGR 5 YrsTTMDec '25Dec '24Dec '23Dec '22Dec '21Dec '20Dec '19Dec '18Dec '17Dec '16Dec '15
-9.8%
31.2%
 52,75157,72655,47471,76548,81113,59121,35321,38917,31412,28213,207
Cost Of Rev. Ann.
-9.3%
25%
43,30840,93544,96142,77054,87839,70413,39117,03217,36213,89010,52511,674
Gross Profit Ann.
-11.2%
126.1%
16,25211,81612,76512,70416,8879,1072004,3214,0273,4241,7571,533
Operating Exp. Ann.
3.2%
25.5%
6,9597,1897,7047,0826,5355,5832,3132,5225,3533,1822,0592,357
Operating Profit Ann.
-23.5%
-
9,2934,6275,0615,62210,3523,524-2,1131,799-1,326242-302-824
-
-
-694-569-514-538-739-1,059-527-499-608-583-440-454
Other Exp. Ann.
-
-
 419-476-44-882-1,150-59097-1,9922,557-1851,815
PBT Ann.
-20%
-
8,3574,4774,0715,0408,7311,315-3,2301,397-3,9262,216-927537
Tax Ann.
-37.9%
-
1,6975479299312,281728-851-797-1,010-52-382-81
⌄
-15.2%
-
6,6543,9163,1064,0736,415553-2,3792,194-2,6693,366-545618
Diluted NI Avail to Com Stockholders Ann.
-15.2%
-
6,6483,9163,1064,0736,415553-2,3792,194-2,6693,366-545618
EPS Ann.
-12.6%
-
 2.21.72.23.30.3-1.91.8-2.23.1-0.70.8
Diluted EPS Ann.
-11.7%
-
 2.21.72.13.20.3-1.91.8-2.23.1-0.70.8
Number Of Shares End
-1.7%
8.2%
 1,819.11,825.71,879.11,916.82,012.31,228.91,228.81,228.81,230.3833.3833.4
Total Exp. Ann.
-7.8%
25.1%
 48,12452,66549,85261,41345,28715,70419,55422,71517,07212,58414,031
Net Income Continuing Discontinued Operations Ann.
-15.2%
-
6,6603,9303,1424,1096,450587-2,3792,194-2,6693,366-545618
Normalized Income Ann.
-20.9%
-
7,050.73,709.63,602.94,237.87,5061,701.3-1,973.72,130.8-1,427-225.3-434-924.6
Interest Income Ann.
6.3%
31.2%
9613217021711023347519625228
Interest Ann.
-6.6%
4.3%
7516616497238121,048536547595619471454
EBITDA Ann.
-9.4%
-
14,75810,3309,59110,38713,9076,685-3424,160-1,1744,7881,0192,905
Reconciled Cost Of Rev. Ann.
-9.3%
25%
43,30840,93544,96142,77054,87839,70413,39117,03217,36213,89010,52511,674
Reconciled Depr. Ann.
6%
17.2%
5,6505,1924,8714,6244,3644,3222,3522,2162,1571,9531,4751,914
Profit From Continuing Operations Ann.
-15.2%
-
6,6603,9303,1424,1096,450587-2,3792,194-2,6693,366-545618
Normalized EBITDA Ann.
-13.1%
117.3%
15,25410,07910,18810,54515,3368,2012084,0748302,2361,1701,088
*All financials are in CAD Million and price data in USD
Total Rev. Ann.
1Y CHG
-8.6%
2Y CAGR
-2.5%
3Y CAGR
-9.8%
5Y CAGR
31.2%
7Y CAGR
13.8%
10Y CAGR
14.9%
Total Revenue Annual is falling faster than historical averages.
Net Profit Ann.
1Y CHG
25.1%
2Y CAGR
-2.2%
3Y CAGR
-15.2%
10Y CAGR
20.3%
Net Profit Annual growth is stable compared to historical averages.
Operating Exp. Ann.
1Y CHG
-6.7%
2Y CAGR
0.8%
3Y CAGR
3.2%
5Y CAGR
25.5%
7Y CAGR
4.3%
10Y CAGR
11.8%
Operating Expenses Annual Cr is falling faster than historical averages.

Cenovus Energy Inc balance sheet as of Dec 2025: assets, liabilities, reserves, and borrowings – 11 year history

  • POSITIVE

    Total Shareholders Fund Cenovus Energy Inc Dec-2025 Total Shareholders Fund is $31,509 Million which is growth of 7.2% YoY.

  • POSITIVE

    Total Assets Cenovus Energy Inc Dec-2025 Total Assets is $63,424 Million which is growth of 12.2% YoY.

Cenovus Energy Inc, Balance Sheet, standalone, All financials are in CAD Million and price data in USD
IndicatorGraphCAGR 3 YrsCAGR 5 YrsDec '25Dec '24Dec '23Dec '22Dec '21Dec '20Dec '19Dec '18Dec '17Dec '16Dec '15
4.3%
14.1%
63,42456,53953,91555,86954,10432,77035,71335,17440,93325,25825,791
⌄
4%
14.6%
31,78626,77025,20328,28030,49616,06316,51217,70620,95213,66813,400
⌄
5.2%
13.5%
31,50929,39828,17927,05723,07716,70719,20117,46819,98111,59012,391
Total Capitalization Ann.
5.6%
12.1%
42,65437,09635,80636,26735,98124,14825,90025,95029,49417,92218,916
Tangible Assets Ann.
5.2%
14.9%
28,68726,82025,77524,63420,04514,34616,82815,19617,70911,34812,149
Working Capital Ann.
-6.7%
42.1%
3,5763,0723,4984,4094,6836177635955724,1514,615
Invested Capital Ann.
5.9%
11.9%
42,54137,10535,46635,86335,54124,26925,90026,63229,49417,92218,916
Tangible Book Value Ann.
5.8%
14.8%
28,57426,46425,25624,11519,52614,34616,82815,19617,70911,34812,149
Borrowings Ann.
6.9%
8.8%
14,20710,6349,94511,64215,4219,3198,6159,1649,5136,3326,525
Net Debt Ann.
24.6%
2.9%
8,2924,6145,0604,2829,5917,1846,5138,3838,9032,6122,420
Share Issued Ann.
-0.4%
9%
1,888.71,8251,871.91,909.22,001.21,228.91,228.81,228.81,228.8833.3833.3
Number Of Shares End
-1.7%
8.2%
1,819.11,825.71,879.11,916.82,012.31,228.91,228.81,228.81,230.3833.3833.4
*All financials are in CAD Million and price data in USD
Total Assets Ann.
1Y CHG
12.2%
2Y CAGR
8.5%
3Y CAGR
4.3%
5Y CAGR
14.1%
7Y CAGR
8.8%
10Y CAGR
9.4%
Total Assets Annual growth is stable compared to historical averages.
Total Current Liabilities Ann.
1Y CHG
-14.2%
2Y CAGR
0.8%
3Y CAGR
-7.7%
5Y CAGR
21.8%
7Y CAGR
13.5%
10Y CAGR
13%
Total Current Liabilities Annual Cr is falling faster than historical averages.
Total ShareHolders Funds Ann.
1Y CHG
7.2%
2Y CAGR
5.7%
3Y CAGR
5.2%
5Y CAGR
13.5%
7Y CAGR
8.8%
10Y CAGR
9.8%
Total ShareHolders Funds Annual growth is stable compared to historical averages.

Cenovus Energy Inc ROE, ROCE, book value, and debt-to-equity ratio as of Dec 2025 – 11 year history

  • POSITIVE

    Book Value Per Share Cenovus Energy Inc Book Value Per Share is $13 which is growth of 19.3% YoY.

  • NEUTRAL

    ROE Cenovus Energy Inc ROE is 0% which is growth of 0% YoY.

Cenovus Energy Inc, Ratios, standalone, All financials are in CAD Million and price data in USD
IndicatorGraphCAGR 3 YrsCAGR 5 YrsDec '25Dec '24Dec '23Dec '22Dec '21Dec '20Dec '19Dec '18Dec '17Dec '16Dec '15
RoA Ann. %
-
-
-5.62%7.42%11.67%1.27%-6.95%6.19%-7.01%10.17%-2.14%2.45%
ROE Ann. %
-
-
-10.79%14.75%25.59%2.78%-13.25%11.97%-14.25%21.32%-4.55%5.47%
ROIC %
-
-
-0.62.22.3-0.6-0.20.7-4.62.41-2.9
OPM Ann. %
-15.3%
-
8.77%8.77%10.13%14.42%7.22%-15.55%8.43%-6.20%1.40%-2.46%-6.24%
Inventory Turnover Ratio Ann.
-
-
-10.610.313.315.910.213.414.510.610.311.5
Asset Turnover Ann. %
-
-
-1.111.31.10.40.60.60.50.50.5
Working Capital Turnover Ann.
-3.2%
-7.6%
14.818.815.916.310.422283630.332.9
Quick Ratio Ann.
-
-
-0.80.910.90.80.70.80.622.9
Current Ratio Ann.
-
-
-1.41.61.61.61.31.31.21.12.63.5
Interest Coverage Ratio Ann.
-
-
-7.3811.82.3-53.6-5.64.6-12.2
LT Debt To Equity Ann.
-
-
-0.30.30.40.70.50.40.50.50.60.5
*All financials are in CAD Million and price data in USD

Cenovus Energy Inc cash flow: net, operating, investing, and financing flows as of Dec 2025 – 11 year history

  • NEGATIVE

    Cash From Operating Activity Cenovus Energy Inc Dec-2025 Cash From Operating Activity is $8,228 Million which is growth of -10.9% YoY.

  • NEGATIVE

    Net Cash Flow Cenovus Energy Inc Dec-2025 Net Cash Flow is $-198 Million which is growth of -132.8% YoY.

Cenovus Energy Inc, Cash Flow, standalone, All financials are in CAD Million and price data in USD
IndicatorGraphCAGR 3 YrsCAGR 5 YrsDec '25Dec '24Dec '23Dec '22Dec '21Dec '20Dec '19Dec '18Dec '17Dec '16Dec '15
-10.3%
97.6%
8,2289,2357,38811,4035,9192733,2852,1543,0598611,474
-
-
-7,677-5,126-5,295-2,314-942-863-1,432-613-12,866-1,079888
-
-
-749-3,505-4,313-7,676-2,507837-2,413-1,4106,515-168894
Cash Plus Cash Eqv. End Of Year Ann.
-15.4%
48.6%
2,7403,0932,2274,5242,8733781867816103,7204,105
Net Increase In Cash Plus Cash Eqv.s Ann.
-
-
-198604-2,2201,4132,470247-560131-3,292-3863,256
Cash Plus Cash Eqv. Begin Of Year Ann.
2.5%
75.5%
3,0932,2274,5242,8733781867816103,7204,105883
Income Tax Paid Supplemental Data Ann.
-
-
-8682,59572320918171161211933
Interest Paid Supplemental Data Ann.
-
-
-356402647811381511564538350330
Capex Ann.
-
-
-4,907-5,015-4,298-3,758-2,563-859-1,183-1,377-1,670-1,034-1,714
Issuance Of Capital Stock Ann.
-
-
------2,8991,449
Issuance Of Debt Ann.
-
31.8%
5,265--1,5571,3262767,443-
Repayment Of Debt Ann.
-
-
-2,674-299-1,634-4,451-3,520-529-2,429-1,164-3,600-
Repurchase Of Capital Stock Ann.
-
-
-2,500-1,695-1,061-2,530-265------
Free Cash Flow Ann.
-24.3%
-
3,3214,2203,0907,6453,356-5862,1027771,389-173-240
*All financials are in CAD Million and price data in USD
Cash from Operating Act. Ann.
1Y CHG
-10.9%
2Y CAGR
5.5%
3Y CAGR
-10.3%
5Y CAGR
97.6%
7Y CAGR
21.1%
10Y CAGR
18.8%
Cash from Operating Activity Annual is falling faster than historical averages.