Cenovus Energy CVE
NYSE CVE
$32.58 -0.33 (-0.99%)
As of: Sep 18, 2026 · 3:59 PM EDT

Cenovus Energy (CVE) Deferred Taxes (2009 - 2025)

Cenovus Energy's (CVE) quarterly Deferred Taxes came in at $207.2 million in Q4 2025, up 182.71% year-over-year from $73.3 million in Q4 2024, and up 154.85% quarter-over-quarter from -$377.9 million in Q3 2025.

Analysis

Cenovus Energy (CVE) Deferred Taxes (2009 - 2025) Analysis & Trends

Cenovus Energy has disclosed Deferred Taxes across 17 years of filings, most recently posting $207.2 million for Q4 2025.

  • In Q4 2025, Deferred Taxes rose 182.71% year-over-year to $207.2 million; the TTM figure through Dec 2025 stood at -$363.6 million (up 13.31% YoY), while the FY2025 annual figure was -$165.3 million, up 51.27% from the prior year.
  • Deferred Taxes came in at $207.2 million for Q4 2025 at Cenovus Energy, up from -$377.9 million in the prior quarter.
  • In the past five years, Deferred Taxes ranged from a high of $479.2 million in Q3 2022 to a low of -$377.9 million in Q3 2025.
  • Average Deferred Taxes over 5 years is -$18.1 million, with a median of -$38.0 million recorded in 2023.
  • The largest YoY upside for Deferred Taxes was 876.47% in 2023 against a maximum downside of 413.56% in 2023.
  • Over 5 years, Deferred Taxes stood at $171.0 million in 2021, then slumped by 90.06% to $17.0 million in 2022, then surged by 876.47% to $166.0 million in 2023, then plunged by 250.93% to -$250.5 million in 2024, then soared by 182.71% to $207.2 million in 2025.
  • Per Business Quant data, the three most recent Deferred Taxes figures were $207.2 million in Q4 2025, -$377.9 million in Q3 2025, and -$127.0 million in Q2 2025.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Deferred Taxes (Qtr)
1 Chevron 417.01 Bn 408.48 Bn 33.45 Bn 298.00 Mn
2 Shell 282.76 Bn 241.90 Bn 30.13 Bn -
3 TotalEnergies SE 232.43 Bn 200.71 Bn 23.46 Bn -
4 Eni Spa 167.27 Bn 151.69 Bn - -
5 Equinor Asa 114.69 Bn 105.36 Bn - -
6 Phillips 66 106.05 Bn 101.95 Bn 8.38 Bn 66.00 Mn
7 Suncor Energy 83.98 Bn 78.60 Bn 17.50 Bn -71.00 Mn
8 Imperial Oil 63.06 Bn 61.00 Bn - -
9 Occidental Petroleum 59.24 Bn 55.09 Bn 7.73 Bn 707.00 Mn
10 Cenovus Energy 58.88 Bn 56.91 Bn 7.32 Bn 207.24 Mn
Historic Data

Historic Data

Download Data
DateValue
Dec 31, 2025 207.24 Mn
Sep 30, 2025 -377.85 Mn
Jun 30, 2025 -127.00 Mn
Mar 31, 2025 -66.00 Mn
Dec 31, 2024 -250.55 Mn
Sep 30, 2024 -90.90 Mn
Jun 30, 2024 -46.00 Mn
Mar 31, 2024 -32.00 Mn
Dec 31, 2023 166.00 Mn
Sep 30, 2023 -310.31 Mn
Jun 30, 2023 -44.00 Mn
Mar 31, 2023 -370.00 Mn
Dec 31, 2022 17.00 Mn
Sep 30, 2022 479.22 Mn
Jun 30, 2022 -47.84 Mn
Mar 31, 2022 118.00 Mn
Dec 31, 2021 171.00 Mn
Sep 30, 2021 151.73 Mn
Jun 30, 2021 63.00 Mn
Mar 31, 2021 27.00 Mn