Cenovus Energy (CVE) Capital Expenditures (2009 - 2022)

Cenovus Energy (CVE) posted Capital Expenditures of -$1.2 billion for Q2 2022, down 108.95% sequentially from -$588.9 million in Q1 2022, and down 183.28% YoY from $1.5 billion in Q2 2021.

Cenovus Energy (CVE) Capital Expenditures (2009 - 2022) Analysis & Trends

Cenovus Energy has reported Capital Expenditures for 14 years, with the latest figure at -$1.2 billion in Q2 2022.

  • Quarterly Capital Expenditures fell 183.28% year-over-year to -$1.2 billion in Q2 2022, while the trailing twelve-month figure through Jun 2022 was -$3.0 billion (down 154.62% YoY) and the FY2021 annual result came in at -$2.0 billion, down 218.95% from the prior year.
  • Capital Expenditures eased to -$1.2 billion in Q2 2022 per CVE's latest filing, from -$588.9 million in the prior quarter.
  • Over five years, Capital Expenditures peaked at -$101.7 million in Q2 2020 and troughed at -$1.2 billion in Q2 2022.
  • A 5-year average of -$351.4 million and a median of -$220.7 million in 2018 frame the typical range for Capital Expenditures.
  • The sharpest annual moves came in 2018 and 2021: Capital Expenditures surged 57.3% in 2018, then sank 342.37% in 2021.
  • Over 5 years, Capital Expenditures stood at -$190.9 million in 2018, then declined by 13.87% to -$217.4 million in 2019, then advanced by 11.79% to -$191.8 million in 2020, then sank by 245.44% to -$662.4 million in 2021, then sank by 85.77% to -$1.2 billion in 2022.
  • According to Business Quant data, Capital Expenditures over the past three periods registered -$1.2 billion, -$588.9 million, and -$662.4 million for Q2 2022, Q1 2022, and Q4 2021 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Capital Expenditures (Qtr)
1 Petrobras - Petroleo Brasileiro 1,308.33 Bn -5,263.99 Bn 11.34 Bn -4.51 Bn
2 ExxonMobil Holdings 651.52 Bn 649.70 Bn - 6.47 Bn
3 Chevron 382.50 Bn 382.83 Bn 20.34 Bn 4.06 Bn
4 Eni Spa 205.81 Bn 195.97 Bn - -
5 Shell 102.19 Bn 62.32 Bn 30.13 Bn 9.99 Bn
6 Equinor Asa 98.30 Bn 89.04 Bn - -2.87 Bn
7 Suncor Energy 78.77 Bn 76.39 Bn 6.68 Bn -814.52 Mn
8 Imperial Oil 61.22 Bn 60.47 Bn - 346.37 Mn
9 TotalEnergies SE 25.61 Bn -6.11 Bn 18.79 Bn 4.23 Bn
10 Cenovus Energy 12.32 Bn 10.04 Bn 8.50 Bn -

Historic Data

Download Data
DateValue
Jun 30, 2022 -1.23 Bn
Jun 30, 2022 -1.23 Bn
Mar 31, 2022 -588.95 Mn
Mar 31, 2022 -588.95 Mn
Dec 31, 2021 -662.44 Mn
Dec 31, 2021 -662.44 Mn
Sep 30, 2021 -501.27 Mn
Sep 30, 2021 -501.27 Mn
Jun 30, 2021 -434.42 Mn
Jun 30, 2021 -434.42 Mn
Mar 31, 2021 -432.18 Mn
Mar 31, 2021 -432.18 Mn
Dec 31, 2020 -191.76 Mn
Dec 31, 2020 -191.76 Mn
Sep 30, 2020 -113.31 Mn
Sep 30, 2020 -113.31 Mn
Jun 30, 2020 -101.69 Mn
Jun 30, 2020 -101.69 Mn
Mar 31, 2020 -205.12 Mn
Mar 31, 2020 -205.12 Mn