Cenovus Energy (CVE) Dividend Coverage Ratio (2009 - 2025)
Cenovus Energy's (CVE) quarterly Dividend Coverage Ratio came in at 2.46 in Q4 2025, down 485.85% year-over-year from 0.64 in Q4 2024, and up 13.28% quarter-over-quarter from 2.83 in Q3 2025.
Analysis
Cenovus Energy (CVE) Dividend Coverage Ratio (2009 - 2025) Analysis & Trends
Cenovus Energy has disclosed Dividend Coverage Ratio across 17 years of filings, most recently posting 2.46 for Q4 2025.
- In Q4 2025, Dividend Coverage Ratio fell 485.85% year-over-year to 2.46; the TTM figure through Dec 2025 stood at 2.62 (down 16.66% YoY), while the FY2025 annual figure was 2.73, down 35.0% from the prior year.
- Dividend Coverage Ratio came in at 2.46 for Q4 2025 at Cenovus Energy, up from 2.83 in the prior quarter.
- In the past five years, Dividend Coverage Ratio ranged from a high of 217.92 in Q3 2022 to a low of 23.55 in Q1 2022.
- Average Dividend Coverage Ratio over 5 years is 12.49, with a median of 2.79 recorded in 2023.
- Year-over-year, Dividend Coverage Ratio jumped 1484.27% in 2022 and sank 485.85% in 2025.
- Over 5 years, Dividend Coverage Ratio stood at 7.35 in 2021, then tumbled by 172.06% to 5.29 in 2022, then surged by 48.02% to 2.75 in 2023, then jumped by 84.75% to 0.42 in 2024, then slumped by 485.85% to 2.46 in 2025.
- Per Business Quant data, the three most recent Dividend Coverage Ratio figures were 2.46 in Q4 2025, 2.83 in Q3 2025, and 2.31 in Q2 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Div. Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Chevron | 412.01 Bn | 409.15 Bn | 33.45 Bn | 3.48 |
| 2 | Shell | 263.44 Bn | 223.58 Bn | 30.13 Bn | 5.00 |
| 3 | TotalEnergies SE | 195.33 Bn | 166.15 Bn | 23.46 Bn | 2.60 |
| 4 | Eni Spa | 168.45 Bn | 158.60 Bn | - | -31.31 |
| 5 | Equinor Asa | 105.21 Bn | 95.95 Bn | - | -3.32 |
| 6 | Phillips 66 | 101.74 Bn | 98.84 Bn | 8.38 Bn | 7.64 |
| 7 | Suncor Energy | 80.36 Bn | 74.99 Bn | 17.50 Bn | -5.19 |
| 8 | Imperial Oil | 62.21 Bn | 60.16 Bn | - | 5.20 |
| 9 | Cenovus Energy | 60.98 Bn | 59.03 Bn | 7.32 Bn | -2.46 |
| 10 | Occidental Petroleum | 37.95 Bn | 34.43 Bn | 7.73 Bn | 6.53 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2025 | -2.46 |
| Sep 30, 2025 | -2.83 |
| Jun 30, 2025 | -2.31 |
| Mar 31, 2025 | -2.58 |
| Dec 31, 2024 | -0.42 |
| Sep 30, 2024 | -2.49 |
| Jun 30, 2024 | -1.68 |
| Mar 31, 2024 | -4.34 |
| Dec 31, 2023 | -2.75 |
| Sep 30, 2023 | 124.67 |
| Jun 30, 2023 | -3.27 |
| Mar 31, 2023 | -3.18 |
| Dec 31, 2022 | -5.29 |
| Sep 30, 2022 | 217.92 |
| Jun 30, 2022 | -14.70 |
| Mar 31, 2022 | -23.55 |
| Dec 31, 2021 | 7.35 |
| Sep 30, 2021 | -15.74 |
| Jun 30, 2021 | -6.22 |
| Mar 31, 2021 | -6.29 |