Cenovus Energy CVE
NYSE CVE
$31.58 -0.14 (-0.44%)
At close: Aug 28, 2026 · 4:00 PM EDT

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.

Analysis

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 Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Capex (Qtr)
1 Shell 517.27 Bn 477.40 Bn - 9.99 Bn
2 Chevron 398.83 Bn 395.97 Bn 33.45 Bn 4.54 Bn
3 TotalEnergies SE 190.54 Bn 161.37 Bn 23.46 Bn -4.23 Bn
4 Eni Spa 166.18 Bn 156.34 Bn - -
5 Equinor Asa 103.49 Bn 94.23 Bn - 2.87 Bn
6 Suncor Energy 78.09 Bn 74.21 Bn -8.45 Bn -975.23 Mn
7 Imperial Oil 63.17 Bn 61.11 Bn - 383.15 Mn
8 Cenovus Energy 59.48 Bn 57.00 Bn - -
9 Gas Transporter Of The South 21.19 Bn -3,019.86 Bn - -
10 Ypf Sociedad Anonima 19.74 Bn 17.54 Bn 2.97 Bn -1.13 Bn
Historic Data

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