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

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

Historic Data

Download Data
DateValue
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