Cenovus Energy (CVE) Asset Utilization Ratio (2009 - 2026)

Cenovus Energy (CVE) posted Asset Utilization Ratio of 0.76 for Q1 2026, down 9.67% sequentially from 0.84 in Q4 2025, and down 22.65% YoY from 0.98 in Q1 2025.

Cenovus Energy (CVE) Asset Utilization Ratio (2009 - 2026) Analysis & Trends

Cenovus Energy (CVE) has 18 years of Asset Utilization Ratio data on file, last reported at 0.76 in Q1 2026.

  • Quarterly Asset Utilization Ratio fell 22.65% year-over-year to 0.76 in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 0.76 (down 22.65% YoY) and the FY2025 annual result came in at 0.82, down 16.27% from the prior year.
  • Asset Utilization Ratio fell to 0.76 in Q1 2026 per CVE's latest filing, from 0.84 in the prior quarter.
  • The five-year high for Asset Utilization Ratio was 2.43 in Q4 2022, with the low at 0.76 in Q1 2026.
  • Average Asset Utilization Ratio over 5 years is 1.09, with a median of 0.99 recorded in 2024.
  • Year-over-year, Asset Utilization Ratio soared 171.9% in 2022 and plunged 60.35% in 2023.
  • Cenovus Energy's Asset Utilization Ratio stood at 2.43 in 2022, then sank by 60.35% to 0.96 in 2023, then climbed by 2.03% to 0.98 in 2024, then slipped by 14.45% to 0.84 in 2025, then dropped by 9.67% to 0.76 in 2026.
  • Business Quant data shows CVE's Asset Utilization Ratio at 0.76 in Q1 2026, 0.84 in Q4 2025, and 0.93 in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Asset Util. (Qtr)
1 Exxon Mobil 6,326.01 Bn 6,324.19 Bn - 0.73
2 Petrobras - Petroleo Brasileiro 3,284.86 Bn 3,284.86 Bn 11.34 Bn -
3 Bp 558.99 Bn 524.30 Bn 51.83 Bn 0.67
4 TotalEnergies SE 523.98 Bn 523.98 Bn 26,816.00 1.28
5 Chevron 328.11 Bn 333.77 Bn 20.34 Bn 0.58
6 Equinor Asa 77.88 Bn 70.78 Bn - 0.76
7 National Fuel Gas 7.37 Bn 7.34 Bn 650.52 Mn 0.27
8 Diversified Energy 1.02 Bn 860.11 Mn -3.35 Mn 0.29
9 Stabilis Solutions 74.76 Mn 64.12 Mn 367,000.00 0.62
10 Cenovus Energy - - 6.46 Bn 0.76

Historic Data

Download Data
DateValue
Mar 31, 2026 0.76
Dec 31, 2025 0.84
Sep 30, 2025 0.93
Jun 30, 2025 0.94
Mar 31, 2025 0.98
Dec 31, 2024 0.98
Sep 30, 2024 0.99
Jun 30, 2024 1.00
Mar 31, 2024 0.98
Dec 31, 2023 0.96
Sep 30, 2023 0.99
Jun 30, 2023 1.14
Mar 31, 2023 1.23
Dec 31, 2022 2.43
Jun 30, 2022 1.19
Mar 31, 2022 1.03
Dec 31, 2021 0.90
Sep 30, 2021 0.69
Jun 30, 2021 0.51
Mar 31, 2021 0.60