Cenovus Energy (CVE) Capital Expenditures (2009 - 2022)
Cenovus Energy (CVE) recorded Capital Expenditures of $2.77 billion in the quarter ended Sep 30, 2025, up 6.3% from $2.61 billion a year earlier.
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Analysis
Cenovus Energy (CVE) Capital Expenditures (2009 - 2022) Analysis & Trends
On a TTM basis, Cenovus Energy's Capital Expenditures came in at $7.35 billion as of Sep 30, 2025, up 91.9% year-over-year; for the year ended Dec 31, 2022, it was $5.33 billion.
- Annual Capital Expenditures has a five-year compound annual growth rate of -19.2% (years ended Dec 2017 to Dec 2022).
- Across earlier years, Capital Expenditures came in at -$2.05 billion in the year ended Dec 31, 2021, $16 billion in the year ended Dec 31, 2020, $1.19 billion in the year ended Dec 31, 2019 (-30.2%) and $1.7 billion in the year ended Dec 31, 2018 (-89.0%).
- The figure for the quarter ended Sep 30, 2025 is the highest quarterly Capital Expenditures since the quarter ended Jun 30, 2017.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Capex (Qtr) |
|---|---|---|---|---|---|
| 1 | ExxonMobil Holdings | 694.97 Bn | 658.18 Bn | - | 6.53 Bn |
| 2 | Shell | 570.13 Bn | 500.87 Bn | 92.16 Bn | 80.60 Bn |
| 3 | Chevron | 418.82 Bn | 396.62 Bn | 33.45 Bn | 4.54 Bn |
| 4 | TotalEnergies SE | 189.94 Bn | 73.07 Bn | 61.77 Bn | -4.23 Bn |
| 5 | Eni Spa | 176.22 Bn | 126.56 Bn | - | - |
| 6 | Conocophillips | 161.10 Bn | 133.81 Bn | 12.81 Bn | 3.02 Bn |
| 7 | Phillips 66 | 110.98 Bn | 99.96 Bn | 8.38 Bn | 726.00 Mn |
| 8 | Equinor Asa | 107.54 Bn | 22.06 Bn | - | 2.87 Bn |
| 9 | Canadian Natural Resources | 103.35 Bn | 100.30 Bn | 15.40 Bn | 2.41 Bn |
| 10 | Cenovus Energy | 59.10 Bn | 50.78 Bn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2022 | -645.51 Mn |
| Mar 31, 2022 | -746.00 Mn |
| Dec 31, 2021 | -835.00 Mn |
| Sep 30, 2021 | -501.27 Mn |
| Jun 30, 2021 | -531.00 Mn |
| Mar 31, 2021 | -547.00 Mn |
| Dec 31, 2020 | -250.00 Mn |
| Sep 30, 2020 | -113.31 Mn |
| Jun 30, 2020 | -141.00 Mn |
| Mar 31, 2020 | -275.00 Mn |
| Dec 31, 2019 | -287.00 Mn |
| Sep 30, 2019 | -206.07 Mn |
| Jun 30, 2019 | -231.69 Mn |
| Mar 31, 2019 | -310.00 Mn |
| Dec 31, 2018 | -252.00 Mn |
| Sep 30, 2018 | -260.00 Mn |
| Jun 30, 2018 | -403.86 Mn |
| Mar 31, 2018 | -521.00 Mn |
| Dec 31, 2017 | -568.00 Mn |
| Sep 30, 2017 | -391.00 Mn |
API Access
Cenovus Energy Capital Expenditures API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=capital-expenditures&ticker=CVE&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "capital-expenditures", "ticker": "CVE", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=capital-expenditures&ticker=CVE&period=max&api_key=YOUR_API_KEY");
const data = await res.json();