Cenovus Energy (CVE) Dividend Coverage Ratio (2010 - 2025)
Cenovus Energy's (CVE) Dividend Coverage Ratio was 2.48 for the quarter ended Dec 31, 2025, up 107.0% from 1.20 a year earlier.
Analysis
Cenovus Energy (CVE) Dividend Coverage Ratio (2010 - 2025) Analysis & Trends
For the year ended Dec 31, 2025, Dividend Coverage Ratio at Cenovus Energy was 3.01, up 11.3% from the prior year.
- By year, Dividend Coverage Ratio came in at 2.70 in the year ended Dec 31, 2024 (-12.1%), 3.08 in the year ended Dec 31, 2023 (-57.7%) and 7.27 in the year ended Dec 31, 2022.
- Five-year quarterly Dividend Coverage Ratio spans a low of -7.35 in the quarter ended Dec 31, 2021 and a high of 23.55 in the quarter ended Mar 31, 2022.
- Year over year, Dividend Coverage Ratio gained in two of the last six quarters, with growth averaging 7.7%.
- The high point for year-over-year Dividend Coverage Ratio in five years was the quarter ended Mar 31, 2022 (growth of 196.0%); the low point was the quarter ended Mar 31, 2023 (a decline of 86.5%).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Div. Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | ExxonMobil Holdings | 694.97 Bn | 658.18 Bn | - | 3.38 |
| 2 | Shell | 570.13 Bn | 500.87 Bn | 92.16 Bn | 4.53 |
| 3 | Chevron | 418.82 Bn | 396.62 Bn | 33.45 Bn | 3.45 |
| 4 | TotalEnergies SE | 189.94 Bn | 73.07 Bn | 61.77 Bn | 0.00 |
| 5 | Eni Spa | 176.22 Bn | 126.56 Bn | - | - |
| 6 | Conocophillips | 161.10 Bn | 133.81 Bn | 12.81 Bn | 3.84 |
| 7 | Phillips 66 | 110.98 Bn | 99.96 Bn | 8.38 Bn | 7.57 |
| 8 | Equinor Asa | 107.54 Bn | 22.06 Bn | - | - |
| 9 | Canadian Natural Resources | 103.35 Bn | 100.30 Bn | 15.40 Bn | - |
| 10 | Cenovus Energy | 59.10 Bn | 50.78 Bn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2025 | 3.61 |
| Mar 31, 2025 | 2.63 |
| Sep 30, 2024 | 2.43 |
| Jun 30, 2024 | 2.99 |
| Mar 31, 2024 | 4.49 |
| Dec 31, 2023 | 2.85 |
| Sep 30, 2023 | 7.06 |
| Jun 30, 2023 | 3.27 |
| Mar 31, 2023 | 3.18 |
| Sep 30, 2022 | 7.85 |
| Jun 30, 2022 | 11.75 |
| Mar 31, 2022 | 23.55 |
| Dec 31, 2021 | -5.83 |
| Sep 30, 2021 | 15.74 |
| Jun 30, 2021 | 6.22 |
| Mar 31, 2021 | 6.29 |
| Mar 31, 2020 | -23.34 |
| Dec 31, 2019 | 1.47 |
| Sep 30, 2019 | 3.12 |
| Jun 30, 2019 | 28.77 |
API Access
Cenovus Energy Dividend Coverage Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=dividend-coverage-ratio&ticker=CVE&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "dividend-coverage-ratio", "ticker": "CVE", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=dividend-coverage-ratio&ticker=CVE&period=max&api_key=YOUR_API_KEY");
const data = await res.json();