Cenovus Energy (CVE) Deferred Taxes (2009 - 2026)
Cenovus Energy (CVE) posted Deferred Taxes of $217.6 million for Q2 2026, up 1004.27% sequentially from -$24.1 million in Q1 2026, and up 337.41% YoY from $49.7 million in Q2 2025.
Analysis
Cenovus Energy (CVE) Deferred Taxes (2009 - 2026) Analysis & Trends
Cenovus Energy has reported Deferred Taxes for 18 years, with the latest figure at $217.6 million in Q2 2026.
- Quarterly Deferred Taxes rose 337.41% year-over-year to $217.6 million in Q2 2026, while the trailing twelve-month figure through Jun 2026 was $22.9 million (up 104.78% YoY) and the FY2025 annual result came in at -$165.3 million, up 52.25% from the prior year.
- Deferred Taxes improved to $217.6 million in Q2 2026 per CVE's latest filing, from -$24.1 million in the prior quarter.
- Over five years, Deferred Taxes peaked at $479.2 million in Q3 2022 and troughed at -$377.9 million in Q3 2025.
- A 5-year average of -$26.2 million and a median of -$33.2 million in 2023 frame the typical range for Deferred Taxes.
- The widest YoY moves for Deferred Taxes: up 873.6% in 2023, down 393.79% in 2023.
- Over 5 years, Deferred Taxes stood at $12.5 million in 2022, then jumped by 873.6% to $121.9 million in 2023, then sank by 305.48% to -$250.5 million in 2024, then surged by 182.71% to $207.2 million in 2025, then grew by 5.0% to $217.6 million in 2026.
- According to Business Quant data, Deferred Taxes over the past three periods registered $217.6 million, -$24.1 million, and $207.2 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Deferred Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Shell | 517.27 Bn | 477.40 Bn | - | - |
| 2 | Chevron | 398.83 Bn | 395.97 Bn | 33.45 Bn | 298.00 Mn |
| 3 | TotalEnergies SE | 190.54 Bn | 161.37 Bn | 23.46 Bn | - |
| 4 | Eni Spa | 166.18 Bn | 156.34 Bn | - | - |
| 5 | Equinor Asa | 103.49 Bn | 94.23 Bn | - | - |
| 6 | Suncor Energy | 78.09 Bn | 74.21 Bn | -8.45 Bn | -51.33 Mn |
| 7 | Imperial Oil | 63.17 Bn | 61.11 Bn | - | - |
| 8 | Cenovus Energy | 59.48 Bn | 57.00 Bn | - | 217.60 Mn |
| 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 | -2.00 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 217.60 Mn |
| Mar 31, 2026 | -24.06 Mn |
| Dec 31, 2025 | 207.24 Mn |
| Sep 30, 2025 | -377.85 Mn |
| Jun 30, 2025 | -91.66 Mn |
| Mar 31, 2025 | -46.00 Mn |
| Dec 31, 2024 | -250.55 Mn |
| Sep 30, 2024 | -90.90 Mn |
| Jun 30, 2024 | -33.63 Mn |
| Mar 31, 2024 | -23.75 Mn |
| Dec 31, 2023 | 121.93 Mn |
| Sep 30, 2023 | -310.31 Mn |
| Jun 30, 2023 | -32.76 Mn |
| Mar 31, 2023 | -273.69 Mn |
| Dec 31, 2022 | 12.52 Mn |
| Sep 30, 2022 | 479.22 Mn |
| Jun 30, 2022 | -47.84 Mn |
| Mar 31, 2022 | 93.16 Mn |
| Dec 31, 2021 | 135.66 Mn |
| Sep 30, 2021 | 151.73 Mn |