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

Cenovus Energy's (CVE) quarterly Asset Utilization Ratio came in at 0.76 in Q1 2026, down 22.65% year-on-year from 0.98 in Q1 2025, and down 9.67% quarter-over-quarter from 0.84 in Q4 2025.

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

Cenovus Energy has disclosed Asset Utilization Ratio across 18 years of filings, most recently posting 0.76 for Q1 2026.

  • Asset Utilization Ratio for Q1 2026 came in at 0.76, down 22.65% year-over-year; the trailing twelve-month figure through Mar 2026 was 0.76 (down 22.65% YoY), and the FY2025 annual result was 0.83, down 14.63% from the prior year.
  • Asset Utilization Ratio came in at 0.76 for Q1 2026 at Cenovus Energy, down from 0.84 in the prior quarter.
  • In the past five years, Asset Utilization Ratio ranged from a high of 2.43 in Q4 2022 to a low of 0.76 in Q1 2026.
  • The 5-year median for Asset Utilization Ratio is 0.99 (2024), against an average of 1.09.
  • Across the five-year window, Asset Utilization Ratio soared 171.9% in 2022 and tumbled 60.35% in 2023, its largest moves.
  • Cenovus Energy's Asset Utilization Ratio stood at 2.43 in 2022, then sank by 60.35% to 0.96 in 2023, then gained by 2.03% to 0.98 in 2024, then decreased by 14.45% to 0.84 in 2025, then retreated by 9.67% to 0.76 in 2026.
  • The last three Asset Utilization Ratio figures came in at 0.76 (Q1 2026), 0.84 (Q4 2025), and 0.93 (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Asset Util. (Qtr)
1 Petrobras - Petroleo Brasileiro 1,901.04 Bn 1,894.28 Bn 11.34 Bn -
2 Exxon Mobil 629.96 Bn 628.14 Bn - 0.73
3 TotalEnergies SE 621.59 Bn 621.59 Bn 26,816.00 1.28
4 Shell 546.31 Bn 505.07 Bn - -
5 Chevron 370.90 Bn 376.56 Bn 20.34 Bn 0.58
6 Cenovus Energy 354.37 Bn 352.41 Bn 6.46 Bn 0.76
7 Eni Spa 252.26 Bn 242.70 Bn - 0.55
8 Bp 196.12 Bn 159.56 Bn - 0.67
9 Suncor Energy 57.67 Bn 55.06 Bn 7.44 Bn 0.60
10 Imperial Oil 42.92 Bn 42.17 Bn - 1.07

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 0.44