Cenovus Energy (CVE) Long-Term Deferred Tax (2015 - 2025)

Cenovus Energy (CVE) posted Long-Term Deferred Tax of $1.1 billion for Q4 2025, up 4.15% sequentially from $1.1 billion in Q3 2025, and up 45.71% YoY from $787.4 million in Q4 2024.

Cenovus Energy (CVE) Long-Term Deferred Tax (2015 - 2025) Analysis & Trends

Cenovus Energy has reported Long-Term Deferred Tax for 11 years, with the latest figure at $1.1 billion in Q4 2025.

  • Quarterly Long-Term Deferred Tax rose 45.71% year-over-year to $1.1 billion in Q4 2025, while the trailing twelve-month figure through Dec 2025 was $1.1 billion (up 45.71% YoY) and the FY2025 annual result came in at $1.1 billion, up 42.53% from the prior year.
  • Long-Term Deferred Tax advanced to $1.1 billion in Q4 2025 per CVE's latest filing, from $1.1 billion in the prior quarter.
  • Over five years, Long-Term Deferred Tax peaked at $1.2 billion in Q4 2021 and troughed at $73.9 million in Q3 2021.
  • A 5-year average of $747.8 million and a median of $680.3 million in 2022 frame the typical range for Long-Term Deferred Tax.
  • The sharpest annual moves came in 2021 and 2022: Long-Term Deferred Tax jumped 795.01% in 2021, then sank 50.31% in 2022.
  • Over 5 years, Long-Term Deferred Tax stood at $1.2 billion in 2021, then tumbled by 50.31% to $573.2 million in 2022, then soared by 90.83% to $1.1 billion in 2023, then slipped by 28.0% to $787.4 million in 2024, then soared by 45.71% to $1.1 billion in 2025.
  • According to Business Quant data, Long-Term Deferred Tax over the past three periods registered $1.1 billion, $1.1 billion, and $787.4 million for Q4 2025, Q3 2025, and Q4 2024 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Petrobras - Petroleo Brasileiro 1,308.33 Bn -5,263.99 Bn 11.34 Bn
2 ExxonMobil Holdings 651.52 Bn 649.70 Bn -
3 Chevron 382.50 Bn 382.83 Bn 20.34 Bn
4 Eni Spa 205.81 Bn 195.97 Bn -
5 Shell 102.19 Bn 62.32 Bn 30.13 Bn
6 Equinor Asa 98.30 Bn 89.04 Bn -
7 Suncor Energy 78.77 Bn 76.39 Bn 6.68 Bn
8 Imperial Oil 61.22 Bn 60.47 Bn -
9 TotalEnergies SE 25.61 Bn -6.11 Bn 18.79 Bn
10 Cenovus Energy 12.32 Bn 10.04 Bn 8.50 Bn

Historic Data

Download Data
DateValue
Dec 31, 2025 1.15 Bn
Sep 30, 2025 1.10 Bn
Dec 31, 2024 787.43 Mn
Sep 30, 2024 538.06 Mn
Dec 31, 2023 1.09 Bn
Sep 30, 2023 478.89 Mn
Dec 31, 2022 573.15 Mn
Jun 30, 2022 530.21 Mn
Dec 31, 2021 1.15 Bn
Sep 30, 2021 73.88 Mn
Dec 31, 2020 727.17 Mn
Sep 30, 2020 8.25 Mn
Dec 31, 2019 387.08 Mn
Dec 31, 2018 518.21 Mn
Dec 31, 2017 631.29 Mn
Dec 31, 2016 425.83 Mn
Dec 31, 2015 251.03 Mn