Cenovus Energy (CVE) Asset Writedowns and Impairment (2016 - 2021)
Cenovus Energy's (CVE) quarterly Asset Writedowns and Impairment came in at $12.6 million in Q1 2021, down 97.12% year-on-year from $438.6 million in Q1 2020, and down 97.12% quarter-over-quarter from $438.6 million in Q1 2020.
Cenovus Energy (CVE) Asset Writedowns and Impairment (2016 - 2021) Analysis & Trends
Cenovus Energy has disclosed Asset Writedowns and Impairment across 4 years of filings, most recently posting $12.6 million for Q1 2021.
- Asset Writedowns and Impairment for Q1 2021 came in at $12.6 million, down 97.12% year-over-year; the trailing twelve-month figure through Mar 2021 was $471.5 million (changed N/A YoY), and the FY2022 annual result was -$948.4 million, down 23870.3% from the prior year.
- Asset Writedowns and Impairment came in at $12.6 million for Q1 2021 at Cenovus Energy, down from $438.6 million in the prior quarter.
- In the past five years, Asset Writedowns and Impairment ranged from a high of $438.6 million in Q1 2020 to a low of $3.0 million in Q1 2019.
- The 3-year median for Asset Writedowns and Impairment is $12.6 million (2021), against an average of $151.4 million.
- Across the five-year window, Asset Writedowns and Impairment soared 14481.83% in 2020 and slumped 97.12% in 2021, its largest moves.
- Cenovus Energy's Asset Writedowns and Impairment stood at $3.0 million in 2019, then jumped by 14481.83% to $438.6 million in 2020, then slumped by 97.12% to $12.6 million in 2021.
- The last three Asset Writedowns and Impairment figures came in at $12.6 million (Q1 2021), $438.6 million (Q1 2020), and $3.0 million (Q1 2019), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (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 | - |
| 3 | TotalEnergies SE | 621.59 Bn | 621.59 Bn | 26,816.00 |
| 4 | Shell | 546.31 Bn | 505.07 Bn | - |
| 5 | Chevron | 370.90 Bn | 376.56 Bn | 20.34 Bn |
| 6 | Cenovus Energy | 354.37 Bn | 352.41 Bn | 6.46 Bn |
| 7 | Eni Spa | 252.26 Bn | 242.70 Bn | - |
| 8 | Bp | 196.12 Bn | 159.56 Bn | - |
| 9 | Suncor Energy | 57.67 Bn | 55.06 Bn | 7.44 Bn |
| 10 | Imperial Oil | 42.92 Bn | 42.17 Bn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2021 | 12.64 Mn |
| Mar 31, 2021 | 12.64 Mn |
| Mar 31, 2020 | 438.59 Mn |
| Mar 31, 2020 | 438.59 Mn |
| Mar 31, 2019 | 3.01 Mn |
| Mar 31, 2019 | 3.01 Mn |
| Dec 31, 2016 | 17.24 Mn |
| Dec 31, 2016 | 17.24 Mn |