Cenovus Energy (CVE) Non-Current Deferred Tax Liability (2009 - 2026)
Cenovus Energy (CVE) posted Non-Current Deferred Tax Liability of $4.2 billion for Q1 2026, little changed sequentially from $4.2 billion in Q4 2025, and up 49.03% YoY from $2.8 billion in Q1 2025.
Cenovus Energy (CVE) Non-Current Deferred Tax Liability (2009 - 2026) Analysis & Trends
Cenovus Energy (CVE) has 18 years of Non-Current Deferred Tax Liability data on file, last reported at $4.2 billion in Q1 2026.
- Quarterly Non-Current Deferred Tax Liability rose 49.03% year-over-year to $4.2 billion in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $4.2 billion (up 49.03% YoY) and the FY2025 annual result came in at $4.2 billion, up 42.27% from the prior year.
- Non-Current Deferred Tax Liability steadied at $4.2 billion in Q1 2026 per CVE's latest filing, from $4.2 billion in the prior quarter.
- The five-year high for Non-Current Deferred Tax Liability was $4.2 billion in Q4 2025, with the low at -$377.4 million in Q3 2022.
- Average Non-Current Deferred Tax Liability over 5 years is $2.9 billion, with a median of $3.0 billion recorded in 2023.
- Year-over-year, Non-Current Deferred Tax Liability slipped 22.89% in 2023 and surged 49.03% in 2026.
- Cenovus Energy's Non-Current Deferred Tax Liability stood at $3.3 billion in 2022, then retreated by 22.89% to $2.6 billion in 2023, then advanced by 12.89% to $2.9 billion in 2024, then soared by 45.44% to $4.2 billion in 2025, then dropped by 0.2% to $4.2 billion in 2026.
- Business Quant data shows CVE's Non-Current Deferred Tax Liability at $4.2 billion in Q1 2026, $4.2 billion in Q4 2025, and $2.9 billion in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Exxon Mobil | 6,326.01 Bn | 6,324.19 Bn | - |
| 2 | Petrobras - Petroleo Brasileiro | 3,284.86 Bn | 3,284.86 Bn | 11.34 Bn |
| 3 | Bp | 558.99 Bn | 524.30 Bn | 51.83 Bn |
| 4 | TotalEnergies SE | 523.98 Bn | 523.98 Bn | 26,816.00 |
| 5 | Chevron | 328.11 Bn | 333.77 Bn | 20.34 Bn |
| 6 | Equinor Asa | 77.88 Bn | 70.78 Bn | - |
| 7 | National Fuel Gas | 7.37 Bn | 7.34 Bn | 650.52 Mn |
| 8 | Diversified Energy | 1.02 Bn | 860.11 Mn | -3.35 Mn |
| 9 | Stabilis Solutions | 74.76 Mn | 64.12 Mn | 367,000.00 |
| 10 | Cenovus Energy | - | - | 6.46 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 4.20 Bn |
| Mar 31, 2026 | 4.20 Bn |
| Dec 31, 2025 | 4.21 Bn |
| Dec 31, 2025 | 4.21 Bn |
| Sep 30, 2025 | 2.87 Bn |
| Sep 30, 2025 | 2.87 Bn |
| Jun 30, 2025 | 2.89 Bn |
| Jun 30, 2025 | 2.89 Bn |
| Mar 31, 2025 | 2.82 Bn |
| Mar 31, 2025 | 2.82 Bn |
| Dec 31, 2024 | 2.90 Bn |
| Dec 31, 2024 | 2.90 Bn |
| Sep 30, 2024 | 3.02 Bn |
| Sep 30, 2024 | 3.02 Bn |
| Jun 30, 2024 | 2.96 Bn |
| Jun 30, 2024 | 2.96 Bn |
| Mar 31, 2024 | 3.03 Bn |
| Mar 31, 2024 | 3.03 Bn |
| Dec 31, 2023 | 2.56 Bn |
| Dec 31, 2023 | 2.56 Bn |