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| Date | Value |
|---|---|
| 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 |