Cenovus Energy (CVE) Asset Writedowns and Impairment (2012 - 2021)

Cenovus Energy has disclosed Asset Writedowns and Impairment across 10 years of filings, most recently posting -$3.0 million for Q4 2021.

• In Q4 2021, Asset Writedowns and Impairment rose 25.0% year-over-year to -$3.0 million; the TTM figure through Jun 2022 stood at -$18.2 million (up 59.99% YoY), while the FY2021 annual figure was -$24.7 million, up 94.21% from the prior year.
• Asset Writedowns and Impairment came in at -$3.0 million for Q4 2021 at Cenovus Energy, down from $794409.3 in the prior quarter.
• In the past five years, Asset Writedowns and Impairment ranged from a high of $588.0 million in Q1 2020 to a low of -$529.0 million in Q2 2020.
• Average Asset Writedowns and Impairment over 5 years is -$2.1 million, with a median of -$1.1 million recorded in 2021.
• The largest YoY upside for Asset Writedowns and Impairment was 1467.44% in 2020 against a maximum downside of 13125.0% in 2020.
• Over 5 years, Asset Writedowns and Impairment stood at $1.0 million in 2017, then soared by 100.0% to $2.0 million in 2018, then slumped by 900.0% to -$16.0 million in 2019, then surged by 75.0% to -$4.0 million in 2020, then gained by 25.0% to -$3.0 million in 2021.
• Per Business Quant data, the three most recent Asset Writedowns and Impairment figures were -$3.0 million in Q4 2021, $794409.3 in Q3 2021, and -$16.0 million in Q2 2021.