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
DateValue
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