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
Download Data
Historic Data
| Date | Value |
|---|---|
| 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 |