Cenovus Energy CVE
NYSE CVE
$32.62 -0.30 (-0.91%)
At close: Sep 18, 2026 · 4:00 PM EDT

Cenovus Energy (CVE) Invested Capital (2009 - 2025)

Cenovus Energy's (CVE) quarterly Invested Capital came in at $22.7 billion in Q4 2025, up 5.17% year-over-year from $21.6 billion in Q4 2024, and up 9.98% quarter-over-quarter from $20.6 billion in Q3 2025.

Analysis

Cenovus Energy (CVE) Invested Capital (2009 - 2025) Analysis & Trends

Cenovus Energy has disclosed Invested Capital across 17 years of filings, most recently posting $22.7 billion for Q4 2025.

  • In Q4 2025, Invested Capital rose 5.17% year-over-year to $22.7 billion; the TTM figure through Dec 2025 stood at $22.7 billion (up 5.17% YoY), while the FY2025 annual figure was $22.6 billion, up 4.39% from the prior year.
  • Invested Capital came in at $22.7 billion for Q4 2025 at Cenovus Energy, up from $20.6 billion in the prior quarter.
  • In the past five years, Invested Capital ranged from a high of $37.8 billion in Q1 2021 to a low of $20.6 billion in Q3 2025.
  • Average Invested Capital over 5 years is $29.9 billion, with a median of $29.7 billion recorded in 2021.
  • Year-over-year, Invested Capital soared 53.68% in 2021 and fell 20.86% in 2023.
  • Over 5 years, Invested Capital stood at $28.6 billion in 2021, then decreased by 6.31% to $26.8 billion in 2022, then dropped by 20.86% to $21.2 billion in 2023, then advanced by 1.65% to $21.6 billion in 2024, then advanced by 5.17% to $22.7 billion in 2025.
  • Per Business Quant data, the three most recent Invested Capital figures were $22.7 billion in Q4 2025, $20.6 billion in Q3 2025, and $29.8 billion in Q2 2025.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Invested Cap. (Qtr)
1 Chevron 413.73 Bn 410.87 Bn 33.45 Bn 220.96 Bn
2 Shell 269.64 Bn 229.78 Bn 30.13 Bn 245.32 Bn
3 TotalEnergies SE 200.34 Bn 171.16 Bn 23.46 Bn 193.66 Bn
4 Eni Spa 171.91 Bn 162.06 Bn - 98.69 Bn
5 Equinor Asa 110.26 Bn 101.00 Bn - 64.66 Bn
6 Phillips 66 108.93 Bn 106.03 Bn 8.38 Bn 53.27 Bn
7 Suncor Energy 82.82 Bn 77.45 Bn 17.50 Bn 58.02 Bn
8 Imperial Oil 62.85 Bn 60.80 Bn - 20.63 Bn
9 Cenovus Energy 61.44 Bn 59.48 Bn 7.32 Bn 22.68 Bn
10 Occidental Petroleum 58.81 Bn 55.30 Bn 7.73 Bn 56.12 Bn
Historic Data

Historic Data

Download Data
DateValue
Dec 31, 2025 22.68 Bn
Sep 30, 2025 20.62 Bn
Jun 30, 2025 29.84 Bn
Mar 31, 2025 30.55 Bn
Dec 31, 2024 21.56 Bn
Sep 30, 2024 21.90 Bn
Jun 30, 2024 37.42 Bn
Mar 31, 2024 36.96 Bn
Dec 31, 2023 21.21 Bn
Sep 30, 2023 26.89 Bn
Jun 30, 2023 35.81 Bn
Mar 31, 2023 36.63 Bn
Dec 31, 2022 26.80 Bn
Jun 30, 2022 29.42 Bn
Mar 31, 2022 36.42 Bn
Dec 31, 2021 28.61 Bn
Sep 30, 2021 29.72 Bn
Jun 30, 2021 37.07 Bn
Mar 31, 2021 37.83 Bn
Dec 31, 2020 18.62 Bn