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
DateValue
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