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

Cenovus Energy (CVE) Long-Term Deferred Tax (2009 - 2025)

Cenovus Energy's (CVE) quarterly Long-Term Deferred Tax came in at $1.1 billion in Q4 2025, up 50.07% year-over-year from $761.7 million in Q4 2024, and up 3.76% quarter-over-quarter from $1.1 billion in Q3 2025.

Analysis

Cenovus Energy (CVE) Long-Term Deferred Tax (2009 - 2025) Analysis & Trends

Cenovus Energy has disclosed Long-Term Deferred Tax across 17 years of filings, most recently posting $1.1 billion for Q4 2025.

  • In Q4 2025, Long-Term Deferred Tax rose 50.07% year-over-year to $1.1 billion; the TTM figure through Dec 2025 stood at $1.1 billion (up 50.07% YoY), while the FY2025 annual figure was $1.1 billion, up 49.79% from the prior year.
  • Long-Term Deferred Tax came in at $1.1 billion for Q4 2025 at Cenovus Energy, up from $1.1 billion in the prior quarter.
  • In the past five years, Long-Term Deferred Tax ranged from a high of $1.2 billion in Q2 2025 to a low of $73.9 million in Q3 2021.
  • Average Long-Term Deferred Tax over 5 years is $674.3 million, with a median of $625.0 million recorded in 2024.
  • The largest YoY upside for Long-Term Deferred Tax was 795.01% in 2021 against a maximum downside of 97.25% in 2021.
  • Over 5 years, Long-Term Deferred Tax stood at $1.2 billion in 2021, then sank by 50.31% to $573.2 million in 2022, then retreated by 10.8% to $511.2 million in 2023, then soared by 48.98% to $761.7 million in 2024, then jumped by 50.07% to $1.1 billion in 2025.
  • Per Business Quant data, the three most recent Long-Term Deferred Tax figures were $1.1 billion in Q4 2025, $1.1 billion in Q3 2025, and $1.2 billion in Q2 2025.
Peer Set

Peer Comparison

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

Historic Data

Download Data
DateValue
Dec 31, 2025 1.14 Bn
Sep 30, 2025 1.10 Bn
Jun 30, 2025 1.22 Bn
Mar 31, 2025 1.19 Bn
Dec 31, 2024 761.66 Mn
Sep 30, 2024 538.06 Mn
Jun 30, 2024 631.00 Mn
Mar 31, 2024 625.00 Mn
Dec 31, 2023 511.24 Mn
Sep 30, 2023 478.89 Mn
Jun 30, 2023 758.00 Mn
Mar 31, 2023 757.00 Mn
Dec 31, 2022 573.15 Mn
Jun 30, 2022 530.21 Mn
Mar 31, 2022 563.00 Mn
Dec 31, 2021 1.15 Bn
Sep 30, 2021 73.88 Mn
Jun 30, 2021 107.00 Mn
Mar 31, 2021 102.00 Mn
Dec 31, 2020 727.17 Mn