Cenovus Energy (CVE) Debt to Equity (2009 - 2026)
Cenovus Energy's (CVE) quarterly Debt to Equity came in at $0.33 in Q1 2026, up 30.52% year-on-year from $0.25 in Q1 2025, and down 6.27% quarter-over-quarter from $0.35 in Q4 2025.
Cenovus Energy (CVE) Debt to Equity (2009 - 2026) Analysis & Trends
Cenovus Energy has disclosed Debt to Equity across 18 years of filings, most recently posting $0.33 for Q1 2026.
- Debt to Equity for Q1 2026 came in at $0.33, up 30.52% year-over-year; the trailing twelve-month figure through Mar 2026 was $0.33 (up 30.52% YoY), and the FY2025 annual result was $0.35, up 38.13% from the prior year.
- Debt to Equity came in at $0.33 for Q1 2026 at Cenovus Energy, down from $0.35 in the prior quarter.
- In the past five years, Debt to Equity ranged from a high of $0.48 in Q1 2022 to a low of $0.24 in Q3 2024.
- The 5-year median for Debt to Equity is $0.25 (2024), against an average of $0.3.
- Across the five-year window, Debt to Equity slumped 39.55% in 2022 and surged 38.13% in 2025, its largest moves.
- Cenovus Energy's Debt to Equity stood at $0.32 in 2022, then declined by 20.48% to $0.25 in 2023, then dropped by 0.53% to $0.25 in 2024, then soared by 38.13% to $0.35 in 2025, then retreated by 6.27% to $0.33 in 2026.
- The last three Debt to Equity figures came in at $0.33 (Q1 2026), $0.35 (Q4 2025), and $0.25 (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt/Equity (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 | - | 0.19 |
| 3 | TotalEnergies SE | 621.59 Bn | 621.59 Bn | 26,816.00 | - |
| 4 | Shell | 546.31 Bn | 505.07 Bn | - | 0.43 |
| 5 | Chevron | 370.90 Bn | 376.56 Bn | 20.34 Bn | 0.03 |
| 6 | Cenovus Energy | 354.37 Bn | 352.41 Bn | 6.46 Bn | 0.33 |
| 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 | - | 0.18 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 0.33 |
| Dec 31, 2025 | 0.35 |
| Sep 30, 2025 | 0.25 |
| Jun 30, 2025 | 0.25 |
| Mar 31, 2025 | 0.25 |
| Dec 31, 2024 | 0.25 |
| Sep 30, 2024 | 0.24 |
| Jun 30, 2024 | 0.24 |
| Mar 31, 2024 | 0.24 |
| Dec 31, 2023 | 0.25 |
| Sep 30, 2023 | 0.25 |
| Jun 30, 2023 | 0.31 |
| Mar 31, 2023 | 0.31 |
| Dec 31, 2022 | 0.32 |
| Jun 30, 2022 | 0.43 |
| Mar 31, 2022 | 0.48 |
| Dec 31, 2021 | 0.53 |
| Sep 30, 2021 | 0.53 |
| Jun 30, 2021 | 0.57 |
| Mar 31, 2021 | 0.59 |