Cenovus Energy (CVE) Operating Expenses (2009 - 2026)

Cenovus Energy has disclosed Operating Expenses across 18 years of filings, most recently posting $1.1 billion for Q1 2026.

• Operating Expenses for Q1 2026 came in at $1.1 billion, down 5.26% year-over-year; the trailing twelve-month figure through Mar 2026 was $4.5 billion (down 10.13% YoY), and the FY2025 annual result was $4.5 billion, down 7.4% from the prior year.
• Operating Expenses came in at $1.1 billion for Q1 2026 at Cenovus Energy, up from $978.8 million in the prior quarter.
• In the past five years, Operating Expenses ranged from a high of $1.4 billion in Q2 2024 to a low of $978.8 million in Q4 2025.
• The 5-year median for Operating Expenses is $1.2 billion (2025), against an average of $1.2 billion.
• Across the five-year window, Operating Expenses climbed 24.81% in 2022 and dropped 15.96% in 2025, its largest moves.
• Cenovus Energy's Operating Expenses stood at $1.1 billion in 2022, then rose by 7.03% to $1.1 billion in 2023, then rose by 1.45% to $1.2 billion in 2024, then declined by 15.96% to $978.8 million in 2025, then rose by 9.88% to $1.1 billion in 2026.
• The last three Operating Expenses figures came in at $1.1 billion (Q1 2026), $978.8 million (Q4 2025), and $1.2 billion (Q3 2025), per Business Quant data.