Cenovus Energy (CVE) Capital Expenditures (2009 - 2025)
Cenovus Energy's (CVE) quarterly Capital Expenditures came in at $2.8 billion in Q3 2025, up 6.34% year-over-year from $2.6 billion in Q3 2024, and up 6.34% quarter-over-quarter from $2.6 billion in Q3 2024.
Analysis
Cenovus Energy (CVE) Capital Expenditures (2009 - 2025) Analysis & Trends
Cenovus Energy has disclosed Capital Expenditures across 17 years of filings, most recently posting $2.8 billion for Q3 2025.
- In Q3 2025, Capital Expenditures rose 6.34% year-over-year to $2.8 billion; the TTM figure through Sep 2025 stood at $11.1 billion (up 56.49% YoY), while the FY2025 annual figure was $10.8 billion, up 199.15% from the prior year.
- Capital Expenditures came in at $2.8 billion for Q3 2025 at Cenovus Energy, up from $2.6 billion in the prior quarter.
- In the past five years, Capital Expenditures ranged from a high of $3.1 billion in Q3 2022 to a low of -$1.2 billion in Q2 2022.
- Average Capital Expenditures over 5 years is $669.7 million, with a median of -$516.1 million recorded in 2021.
- Year-over-year, Capital Expenditures plunged 342.37% in 2021 and jumped 717.35% in 2022.
- Over 5 years, Capital Expenditures stood at -$835.0 million in 2021, then soared by 470.61% to $3.1 billion in 2022, then slipped by 15.51% to $2.6 billion in 2023, then retreated by 0.3% to $2.6 billion in 2024, then climbed by 6.34% to $2.8 billion in 2025.
- Per Business Quant data, the three most recent Capital Expenditures figures were $2.8 billion in Q3 2025, $2.6 billion in Q3 2024, and $2.6 billion in Q3 2023.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Capital Expenditures (Qtr) |
|---|---|---|---|---|---|
| 1 | Chevron | 417.01 Bn | 408.48 Bn | 33.45 Bn | 4.54 Bn |
| 2 | Shell | 282.76 Bn | 241.90 Bn | 30.13 Bn | -4.24 Bn |
| 3 | TotalEnergies SE | 232.43 Bn | 200.71 Bn | 23.46 Bn | -4.23 Bn |
| 4 | Eni Spa | 167.27 Bn | 151.69 Bn | - | -2.37 Bn |
| 5 | Equinor Asa | 114.69 Bn | 105.36 Bn | - | 2.87 Bn |
| 6 | Phillips 66 | 106.05 Bn | 101.95 Bn | 8.38 Bn | 726.00 Mn |
| 7 | Suncor Energy | 83.98 Bn | 78.60 Bn | 17.50 Bn | 1.35 Bn |
| 8 | Imperial Oil | 63.06 Bn | 61.00 Bn | - | 383.15 Mn |
| 9 | Occidental Petroleum | 59.24 Bn | 55.09 Bn | 7.73 Bn | 1.59 Bn |
| 10 | Cenovus Energy | 58.88 Bn | 56.91 Bn | 7.32 Bn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2025 | 2.77 Bn |
| Sep 30, 2024 | 2.61 Bn |
| Sep 30, 2023 | 2.61 Bn |
| Sep 30, 2022 | 3.09 Bn |
| Jun 30, 2022 | -1.23 Bn |
| 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 |