Cenovus Energy (CVE) Asset Utilization Ratio (2009 - 2026)
Cenovus Energy (CVE) posted Asset Utilization Ratio of 1.22 for Q2 2026, up 5.07% sequentially from 1.16 in Q1 2026, and down 15.83% YoY from 1.45 in Q2 2025.
Analysis
Cenovus Energy (CVE) Asset Utilization Ratio (2009 - 2026) Analysis & Trends
Cenovus Energy has reported Asset Utilization Ratio for 18 years, with the latest figure at 1.22 in Q2 2026.
- Quarterly Asset Utilization Ratio fell 15.83% year-over-year to 1.22 in Q2 2026, while the trailing twelve-month figure through Jun 2026 was 1.22 (down 15.83% YoY) and the FY2025 annual result came in at 0.84, down 13.41% from the prior year.
- Asset Utilization Ratio climbed to 1.22 in Q2 2026 per CVE's latest filing, from 1.16 in the prior quarter.
- Over five years, Asset Utilization Ratio peaked at 2.28 in Q4 2022 and troughed at 1.03 in Q1 2022.
- A 5-year average of 1.54 and a median of 1.45 in 2023 frame the typical range for Asset Utilization Ratio.
- The sharpest annual moves came in 2022 and 2023: Asset Utilization Ratio jumped 221.79% in 2022, then tumbled 37.74% in 2023.
- Over 5 years, Asset Utilization Ratio stood at 2.28 in 2022, then sank by 37.74% to 1.42 in 2023, then advanced by 4.73% to 1.49 in 2024, then fell by 13.73% to 1.28 in 2025, then retreated by 4.85% to 1.22 in 2026.
- According to Business Quant data, Asset Utilization Ratio over the past three periods registered 1.22, 1.16, and 1.28 for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Shell | 517.27 Bn | 477.40 Bn | - | 0.79 |
| 2 | Chevron | 398.83 Bn | 395.97 Bn | 33.45 Bn | 0.65 |
| 3 | TotalEnergies SE | 190.54 Bn | 161.37 Bn | 23.46 Bn | 0.69 |
| 4 | Eni Spa | 166.18 Bn | 156.34 Bn | - | 0.57 |
| 5 | Equinor Asa | 103.49 Bn | 94.23 Bn | - | 0.81 |
| 6 | Suncor Energy | 78.09 Bn | 74.21 Bn | -8.45 Bn | 0.34 |
| 7 | Imperial Oil | 63.17 Bn | 61.11 Bn | - | 1.11 |
| 8 | Cenovus Energy | 59.48 Bn | 57.00 Bn | - | 1.22 |
| 9 | Gas Transporter Of The South | 21.19 Bn | -3,019.86 Bn | - | - |
| 10 | Ypf Sociedad Anonima | 19.74 Bn | 17.54 Bn | 2.97 Bn | 0.66 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.22 |
| Mar 31, 2026 | 1.16 |
| Dec 31, 2025 | 1.28 |
| Sep 30, 2025 | 1.40 |
| Jun 30, 2025 | 1.45 |
| Mar 31, 2025 | 1.49 |
| Dec 31, 2024 | 1.49 |
| Sep 30, 2024 | 1.49 |
| Jun 30, 2024 | 1.45 |
| Mar 31, 2024 | 1.43 |
| Dec 31, 2023 | 1.42 |
| Sep 30, 2023 | 1.45 |
| Jun 30, 2023 | 1.74 |
| Mar 31, 2023 | 2.23 |
| Dec 31, 2022 | 2.28 |
| Sep 30, 2022 | 2.22 |
| Jun 30, 2022 | 1.50 |
| Mar 31, 2022 | 1.03 |
| Dec 31, 2021 | 0.90 |
| Sep 30, 2021 | 0.69 |