Cenovus Energy (CVE) Asset Utilization Ratio (2010 - 2025)
Cenovus Energy's (CVE) Asset Utilization Ratio stood at 1.02 in the quarter ended Dec 31, 2025, down 12.6% from 1.17 a year earlier.
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Analysis
Cenovus Energy (CVE) Asset Utilization Ratio (2010 - 2025) Analysis & Trends
For the year ended Dec 31, 2025, Cenovus Energy's Asset Utilization Ratio came in at 0.85, down 12.6% from the prior year.
- Across earlier years, Asset Utilization Ratio came in at 0.97 in the year ended Dec 31, 2024 (+1.1%), 0.96 in the year ended Dec 31, 2023 (+40.2%), 0.69 in the year ended Dec 31, 2022 (-37.3%) and 1.09 in the year ended Dec 31, 2021 (+41.4%).
- Quarterly Asset Utilization Ratio has ranged from 0.34 in the quarter ended Jun 30, 2021 to 1.66 in the quarter ended Mar 31, 2023 over the past five years.
- On a year-over-year basis, Asset Utilization Ratio rose in two of the last six quarters, with an average decline of 15.3%.
- Peak year-over-year performance for Asset Utilization Ratio in the last five years was growth of 43.8% in the quarter ended Dec 31, 2021, against a decline of 43.7% in the quarter ended Mar 31, 2024 at the low end.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | ExxonMobil Holdings | 702.52 Bn | 660.66 Bn | - | 0.85 |
| 2 | Chevron | 427.59 Bn | 399.71 Bn | 33.45 Bn | 0.65 |
| 3 | Shell | 299.61 Bn | 159.87 Bn | - | 0.42 |
| 4 | TotalEnergies SE | 197.84 Bn | 68.92 Bn | 31,614.00 | 0.35 |
| 5 | Conocophillips | 165.71 Bn | 138.42 Bn | 12.81 Bn | 0.53 |
| 6 | Equinor Asa | 111.12 Bn | 23.97 Bn | 4.49 Bn | 86.00 |
| 7 | Canadian Natural Resources | 104.02 Bn | 101.03 Bn | 8.84 Bn | - |
| 8 | Phillips 66 | 102.56 Bn | 86.35 Bn | 10.69 Bn | 2.06 |
| 9 | Suncor Energy | 88.02 Bn | 73.77 Bn | - | 0.22 |
| 10 | Cenovus Energy | 51.43 Bn | 43.14 Bn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2025 | 0.96 |
| Jun 30, 2025 | 0.90 |
| Mar 31, 2025 | 1.07 |
| Sep 30, 2024 | 1.01 |
| Jun 30, 2024 | 0.91 |
| Mar 31, 2024 | 1.01 |
| Sep 30, 2023 | 1.04 |
| Jun 30, 2023 | 0.98 |
| Mar 31, 2023 | 1.09 |
| Sep 30, 2022 | 1.01 |
| Jun 30, 2022 | 0.91 |
| Dec 31, 2021 | 0.77 |
| Sep 30, 2021 | 0.51 |
| Jun 30, 2021 | 0.34 |
| Dec 31, 2020 | 0.52 |
| Sep 30, 2020 | 0.49 |
| Dec 31, 2019 | 0.37 |
| Sep 30, 2019 | 0.39 |
| Jun 30, 2019 | 0.27 |
| Dec 31, 2018 | 0.13 |
API Access
Cenovus Energy Asset Utilization Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=asset-utilization-ratio&ticker=CVE&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "asset-utilization-ratio", "ticker": "CVE", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=asset-utilization-ratio&ticker=CVE&period=max&api_key=YOUR_API_KEY");
const data = await res.json();