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