Cenovus Energy (CVE) EBIT (2009 - 2026)
Cenovus Energy (CVE) posted EBIT of $3.2 billion for Q2 2026, up 60.03% sequentially from $2.0 billion in Q1 2026, and up 358.95% YoY from $705.8 million in Q2 2025.
Cenovus Energy (CVE) EBIT (2009 - 2026) Analysis & Trends
Cenovus Energy has reported EBIT for 18 years, with the latest figure at $3.2 billion in Q2 2026.
- Quarterly EBIT rose 358.95% year-over-year to $3.2 billion in Q2 2026, while the trailing twelve-month figure through Jun 2026 was $9.6 billion (up 50.62% YoY) and the FY2025 annual result came in at $4.0 billion, down 7.59% from the prior year.
- EBIT rose to $3.2 billion in Q2 2026 per CVE's latest filing, from $2.0 billion in the prior quarter.
- Over five years, EBIT peaked at $6.3 billion in Q3 2022 and troughed at $705.8 million in Q2 2025.
- A 5-year average of $2.1 billion and a median of $1.3 billion in 2024 frame the typical range for EBIT.
- The sharpest annual moves came in 2022 and 2023: EBIT surged 656.52% in 2022, then plunged 80.07% in 2023.
- Over 5 years, EBIT stood at $1.0 billion in 2022, then retreated by 21.47% to $811.7 million in 2023, then declined by 7.92% to $747.3 million in 2024, then grew by 29.34% to $966.6 million in 2025, then jumped by 235.13% to $3.2 billion in 2026.
- According to Business Quant data, EBIT over the past three periods registered $3.2 billion, $2.0 billion, and $966.6 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBIT (Qtr) |
|---|---|---|---|---|---|
| 1 | Petrobras - Petroleo Brasileiro | 1,308.33 Bn | -5,263.99 Bn | 11.34 Bn | 168.00 Mn |
| 2 | ExxonMobil Holdings | 651.52 Bn | 649.70 Bn | - | 7.53 Bn |
| 3 | Chevron | 382.50 Bn | 382.83 Bn | 20.34 Bn | -24.32 Bn |
| 4 | Eni Spa | 205.81 Bn | 195.97 Bn | - | 825.38 Mn |
| 5 | Shell | 102.19 Bn | 62.32 Bn | 30.13 Bn | 27.11 Bn |
| 6 | Equinor Asa | 98.30 Bn | 89.04 Bn | - | 12.99 Bn |
| 7 | Suncor Energy | 78.77 Bn | 76.39 Bn | 6.68 Bn | 5.41 Bn |
| 8 | Imperial Oil | 61.22 Bn | 60.47 Bn | - | 920.99 Mn |
| 9 | TotalEnergies SE | 25.61 Bn | -6.11 Bn | 18.79 Bn | 18.69 Bn |
| 10 | Cenovus Energy | 12.32 Bn | 10.04 Bn | 8.50 Bn | 3.24 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 3.24 Bn |
| Mar 31, 2026 | 2.02 Bn |
| Dec 31, 2025 | 966.63 Mn |
| Sep 30, 2025 | 3.41 Bn |
| Jun 30, 2025 | 705.83 Mn |
| Mar 31, 2025 | 1.02 Bn |
| Dec 31, 2024 | 747.35 Mn |
| Sep 30, 2024 | 3.93 Bn |
| Jun 30, 2024 | 1.23 Bn |
| Mar 31, 2024 | 1.41 Bn |
| Dec 31, 2023 | 811.66 Mn |
| Sep 30, 2023 | 3.88 Bn |
| Jun 30, 2023 | 928.33 Mn |
| Mar 31, 2023 | 716.03 Mn |
| Dec 31, 2022 | 1.03 Bn |
| Sep 30, 2022 | 6.28 Bn |
| Jun 30, 2022 | 4.66 Bn |
| Mar 31, 2022 | 1.68 Bn |
| Dec 31, 2021 | 4.82 Bn |
| Sep 30, 2021 | 4.44 Bn |