Cenovus Energy (CVE) Invested Capital (2009 - 2025)
Cenovus Energy (CVE) posted Invested Capital of $7.9 billion for Q4 2025, up 51.7% sequentially from $5.2 billion in Q3 2025, and up 46.92% YoY from $5.4 billion in Q4 2024.
Analysis
Cenovus Energy (CVE) Invested Capital (2009 - 2025) Analysis & Trends
Cenovus Energy has reported Invested Capital for 15 years, with the latest figure at $7.9 billion in Q4 2025.
- Quarterly Invested Capital rose 46.92% year-over-year to $7.9 billion in Q4 2025, while the trailing twelve-month figure through Jun 2026 was $13.1 billion (up 19.14% YoY) and the FY2025 annual result came in at $7.9 billion, up 43.72% from the prior year.
- Invested Capital rose to $7.9 billion in Q4 2025 per CVE's latest filing, from $5.2 billion in the prior quarter.
- Over five years, Invested Capital peaked at $29.3 billion in Q2 2021 and troughed at $131.4 million in Q2 2025.
- A 5-year average of $12.6 billion and a median of $6.4 billion in 2022 frame the typical range for Invested Capital.
- The sharpest annual moves came in 2021 and 2022: Invested Capital surged 59.06% in 2021, then sank 75.66% in 2022.
- Over 5 years, Invested Capital stood at $26.3 billion in 2021, then tumbled by 75.66% to $6.4 billion in 2022, then declined by 18.63% to $5.2 billion in 2023, then grew by 2.95% to $5.4 billion in 2024, then jumped by 46.92% to $7.9 billion in 2025.
- According to Business Quant data, Invested Capital over the past three periods registered $7.9 billion, $5.2 billion, and $131.4 million for Q4 2025, Q3 2025, and Q2 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Invested Cap. (Qtr) |
|---|---|---|---|---|---|
| 1 | Shell | 517.27 Bn | 477.40 Bn | - | 73.08 Bn |
| 2 | Chevron | 398.83 Bn | 395.97 Bn | 33.45 Bn | 36.67 Bn |
| 3 | TotalEnergies SE | 190.54 Bn | 161.37 Bn | 23.46 Bn | 13.18 Bn |
| 4 | Eni Spa | 166.18 Bn | 156.34 Bn | - | 2.78 Bn |
| 5 | Equinor Asa | 103.49 Bn | 94.23 Bn | - | 2.83 Bn |
| 6 | Suncor Energy | 78.09 Bn | 74.21 Bn | -8.45 Bn | 474.24 Mn |
| 7 | Imperial Oil | 63.17 Bn | 61.11 Bn | - | 13.74 Mn |
| 8 | Cenovus Energy | 59.48 Bn | 57.00 Bn | - | - |
| 9 | Gas Transporter Of The South | 21.19 Bn | -3,019.86 Bn | - | 215.86 Mn |
| 10 | Ypf Sociedad Anonima | 19.74 Bn | 17.54 Bn | 2.97 Bn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2025 | 7.89 Bn |
| Sep 30, 2025 | 5.20 Bn |
| Dec 31, 2024 | 5.37 Bn |
| Sep 30, 2024 | 5.35 Bn |
| Dec 31, 2023 | 5.22 Bn |
| Sep 30, 2023 | 5.39 Bn |
| Dec 31, 2022 | 6.41 Bn |
| Jun 30, 2022 | 8.81 Bn |
| Dec 31, 2021 | 9.84 Bn |
| Sep 30, 2021 | 10.32 Bn |
| Jun 30, 2021 | 52.88 Mn |
| Dec 31, 2020 | 5.80 Bn |
| Sep 30, 2020 | 102.81 Mn |
| Dec 31, 2019 | 5.07 Bn |
| Jun 30, 2019 | 488.80 Mn |
| Mar 31, 2019 | 502.30 Mn |
| Dec 31, 2018 | 516.70 Mn |
| Sep 30, 2018 | 792.51 Mn |
| Dec 31, 2017 | 2.83 Bn |
| Jun 30, 2017 | 664.14 Mn |