Cenovus Energy (CVE) Enterprise Value (2010 - 2025)
Cenovus Energy (CVE) reported Enterprise Value of $29.91 billion for the quarter ended Dec 31, 2025, up 17.6% from $25.44 billion a year earlier.
Cenovus Energy (CVE) Enterprise Value (2010 - 2025) Analysis & Trends
For the year ended Dec 31, 2025, Cenovus Energy posted Enterprise Value of $29.92 billion, up 17.8% from the prior year.
- Enterprise Value has a five-year compound annual growth rate of 33.2% (years ended Dec 2020 to Dec 2025).
- By year, Enterprise Value came in at $25.4 billion in the year ended Dec 31, 2024 (-14.0%), $29.53 billion in the year ended Dec 31, 2023 (-12.1%), $33.59 billion in the year ended Dec 31, 2022 (+50.7%) and $22.29 billion in the year ended Dec 31, 2021 (+212.2%).
- The figure for the quarter ended Dec 31, 2025 ranks as the highest quarterly Enterprise Value since the quarter ended Jun 30, 2024.
- Year over year, Enterprise Value gained in three of the last six quarters, with an average decline of 6.5%.
- The high point for year-over-year Enterprise Value in five years was the quarter ended Mar 31, 2021 (growth of 268.7%); the low point was the quarter ended Mar 31, 2025 (a decline of 35.4%).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | ExxonMobil Holdings | 702.52 Bn | 660.66 Bn | - |
| 2 | Chevron | 427.59 Bn | 399.71 Bn | 33.45 Bn |
| 3 | Shell | 299.61 Bn | 159.87 Bn | - |
| 4 | TotalEnergies SE | 197.84 Bn | 68.92 Bn | 31,614.00 |
| 5 | Conocophillips | 165.71 Bn | 138.42 Bn | 12.81 Bn |
| 6 | Equinor Asa | 111.12 Bn | 23.97 Bn | 4.49 Bn |
| 7 | Canadian Natural Resources | 104.02 Bn | 101.03 Bn | 8.84 Bn |
| 8 | Phillips 66 | 102.56 Bn | 86.35 Bn | 10.69 Bn |
| 9 | Suncor Energy | 88.02 Bn | 73.77 Bn | - |
| 10 | Cenovus Energy | 51.43 Bn | 43.14 Bn | - |
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2025 | 29.88 Bn |
| Sep 30, 2025 | 29.65 Bn |
| Jun 30, 2025 | 24.83 Bn |
| Mar 31, 2025 | 22.63 Bn |
| Dec 31, 2024 | 25.50 Bn |
| Sep 30, 2024 | 29.03 Bn |
| Jun 30, 2024 | 36.81 Bn |
| Mar 31, 2024 | 35.03 Bn |
| Dec 31, 2023 | 29.49 Bn |
| Sep 30, 2023 | 38.82 Bn |
| Jun 30, 2023 | 32.43 Bn |
| Mar 31, 2023 | 31.30 Bn |
| Dec 31, 2022 | 33.73 Bn |
| Sep 30, 2022 | 28.22 Bn |
| Jun 30, 2022 | 35.19 Bn |
| Mar 31, 2022 | 33.39 Bn |
| Dec 31, 2021 | 22.33 Bn |
| Sep 30, 2021 | 10.80 Bn |
| Jun 30, 2021 | 10.93 Bn |
| Mar 31, 2021 | 9.25 Bn |
Cenovus Energy Enterprise Value 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=enterprise-value&ticker=CVE&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "enterprise-value", "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=enterprise-value&ticker=CVE&period=max&api_key=YOUR_API_KEY");
const data = await res.json();