Cenovus Energy (CVE) Free Cash Flow (2009 - 2025)
Cenovus Energy (CVE) posted Free Cash Flow of $4.2 billion for Q3 2025, down 19.94% sequentially from $5.3 billion in Q3 2024, and down 19.94% YoY from $5.3 billion in Q3 2024.
Analysis
Cenovus Energy (CVE) Free Cash Flow (2009 - 2025) Analysis & Trends
Cenovus Energy has reported Free Cash Flow for 17 years, with the latest figure at $4.2 billion in Q3 2025.
- Quarterly Free Cash Flow fell 19.94% year-over-year to $4.2 billion in Q3 2025, while the trailing twelve-month figure through Jun 2026 was $4.2 billion (down 19.94% YoY) and the FY2025 annual result came in at $5.9 billion, down 12.69% from the prior year.
- Free Cash Flow eased to $4.2 billion in Q3 2025 per CVE's latest filing, from $5.3 billion in the prior quarter.
- Over five years, Free Cash Flow peaked at $6.5 billion in Q3 2022 and troughed at $432.2 million in Q1 2021.
- A 5-year average of $3.1 billion and a median of $2.9 billion in 2021 frame the typical range for Free Cash Flow.
- The sharpest annual moves came in 2021 and 2023: Free Cash Flow jumped 1422.42% in 2021, then tumbled 48.76% in 2023.
- Over 5 years, Free Cash Flow stood at $2.4 billion in 2021, then surged by 169.97% to $6.5 billion in 2022, then sank by 48.76% to $3.3 billion in 2023, then soared by 59.42% to $5.3 billion in 2024, then fell by 19.94% to $4.2 billion in 2025.
- According to Business Quant data, Free Cash Flow over the past three periods registered $4.2 billion, $5.3 billion, and $3.3 billion for Q3 2025, Q3 2024, and Q3 2023 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Free Cash Flow (Qtr) |
|---|---|---|---|---|---|
| 1 | Shell | 517.27 Bn | 477.40 Bn | - | 11.44 Bn |
| 2 | Chevron | 398.83 Bn | 395.97 Bn | 33.45 Bn | 18.10 Bn |
| 3 | TotalEnergies SE | 190.54 Bn | 161.37 Bn | 23.46 Bn | 4.23 Bn |
| 4 | Eni Spa | 166.18 Bn | 156.34 Bn | - | 4.96 Bn |
| 5 | Equinor Asa | 103.49 Bn | 94.23 Bn | - | 6.60 Bn |
| 6 | Suncor Energy | 78.09 Bn | 74.21 Bn | -8.45 Bn | 5.06 Bn |
| 7 | Imperial Oil | 63.17 Bn | 61.11 Bn | - | 1.57 Bn |
| 8 | Cenovus Energy | 59.48 Bn | 57.00 Bn | - | - |
| 9 | Gas Transporter Of The South | 21.19 Bn | -3,019.86 Bn | - | - |
| 10 | Ypf Sociedad Anonima | 19.74 Bn | 17.54 Bn | 2.97 Bn | 3.50 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2025 | 4.23 Bn |
| Sep 30, 2025 | 4.23 Bn |
| Sep 30, 2024 | 5.28 Bn |
| Sep 30, 2024 | 5.28 Bn |
| Sep 30, 2023 | 3.31 Bn |
| Sep 30, 2023 | 3.31 Bn |
| Sep 30, 2022 | 6.47 Bn |
| Sep 30, 2022 | 6.47 Bn |
| Jun 30, 2022 | 4.64 Bn |
| Jun 30, 2022 | 4.64 Bn |
| Mar 31, 2022 | 588.95 Mn |
| Mar 31, 2022 | 588.95 Mn |
| Dec 31, 2021 | 2.40 Bn |
| Dec 31, 2021 | 2.40 Bn |
| Sep 30, 2021 | 2.20 Bn |
| Sep 30, 2021 | 2.20 Bn |
| Jun 30, 2021 | 1.55 Bn |
| Jun 30, 2021 | 1.55 Bn |
| Mar 31, 2021 | 432.18 Mn |
| Mar 31, 2021 | 432.18 Mn |