Cenovus Energy (CVE) Divestments (2009 - 2026)
Cenovus Energy (CVE) posted Divestments of $52.1 million for Q2 2026, down 27.9% sequentially from $72.2 million in Q1 2026, and up 454.78% YoY from $9.4 million in Q2 2025.
Cenovus Energy (CVE) Divestments (2009 - 2026) Analysis & Trends
Cenovus Energy has reported Divestments for 18 years, with the latest figure at $52.1 million in Q2 2026.
- Quarterly Divestments rose 454.78% year-over-year to $52.1 million in Q2 2026, while the trailing twelve-month figure through Jun 2026 was $1.5 billion (up 265.16% YoY) and the FY2025 annual result came in at $1.4 billion, up 3928.26% from the prior year.
- Divestments declined to $52.1 million in Q2 2026 per CVE's latest filing, from $72.2 million in the prior quarter.
- Over five years, Divestments peaked at $1.3 billion in Q4 2025 and troughed at -$940.2 million in Q4 2023.
- A 5-year average of $87.0 million and a median of $14.0 million in 2025 frame the typical range for Divestments.
- The sharpest annual moves came in 2024 and 2025: Divestments slumped 38402.62% in 2024, then jumped 188224.56% in 2025.
- Over 5 years, Divestments stood at $33.2 million in 2022, then sank by 2936.08% to -$940.2 million in 2023, then jumped by 99.92% to -$715849.1 in 2024, then surged by 188224.56% to $1.3 billion in 2025, then slumped by 96.13% to $52.1 million in 2026.
- According to Business Quant data, Divestments over the past three periods registered $52.1 million, $72.2 million, and $1.3 billion for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Divestments (Qtr) |
|---|---|---|---|---|---|
| 1 | Petrobras - Petroleo Brasileiro | 1,308.33 Bn | -5,263.99 Bn | 11.34 Bn | - |
| 2 | ExxonMobil Holdings | 651.52 Bn | 649.70 Bn | - | 219.00 Mn |
| 3 | Chevron | 382.50 Bn | 382.83 Bn | 20.34 Bn | - |
| 4 | Eni Spa | 205.81 Bn | 195.97 Bn | - | -2.45 Bn |
| 5 | Shell | 102.19 Bn | 62.32 Bn | 30.13 Bn | 71.00 Mn |
| 6 | Equinor Asa | 98.30 Bn | 89.04 Bn | - | 558.00 Mn |
| 7 | Suncor Energy | 78.77 Bn | 76.39 Bn | 6.68 Bn | - |
| 8 | Imperial Oil | 61.22 Bn | 60.47 Bn | - | - |
| 9 | TotalEnergies SE | 25.61 Bn | -6.11 Bn | 18.79 Bn | 135.00 Mn |
| 10 | Cenovus Energy | 12.32 Bn | 10.04 Bn | 8.50 Bn | 52.05 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 52.05 Mn |
| Mar 31, 2026 | 72.19 Mn |
| Dec 31, 2025 | 1.35 Bn |
| Sep 30, 2025 | 9.45 Mn |
| Jun 30, 2025 | 9.38 Mn |
| Mar 31, 2025 | -939.44 Mn |
| Dec 31, 2024 | -715,849.14 |
| Sep 30, 2024 | 34.45 Mn |
| Jun 30, 2024 | -855.43 Mn |
| Mar 31, 2024 | 18.55 Mn |
| Dec 31, 2023 | -940.21 Mn |
| Sep 30, 2023 | 8.95 Mn |
| Jun 30, 2023 | 2.23 Mn |
| Mar 31, 2023 | 5.92 Mn |
| Dec 31, 2022 | 33.15 Mn |
| Sep 30, 2022 | 1.13 Bn |
| Jun 30, 2022 | 832.97 Mn |
| Mar 31, 2022 | 750.00 Mn |
| Dec 31, 2021 | -747.32 Mn |
| Sep 30, 2021 | 65.94 Mn |