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

Cenovus Energy has reported Operating Expenses for 18 years, with the latest figure at $1.0 billion in Q2 2026.

• Quarterly Operating Expenses fell 20.18% year-over-year to $1.0 billion in Q2 2026, while the trailing twelve-month figure through Jun 2026 was $6.7 billion (down 9.62% YoY) and the FY2025 annual result came in at $4.5 billion, down 9.24% from the prior year.
• Operating Expenses fell to $1.0 billion in Q2 2026 per CVE's latest filing, from $1.1 billion in the prior quarter.
• Over five years, Operating Expenses peaked at $3.8 billion in Q3 2024 and troughed at $978.8 million in Q4 2025.
• A 5-year average of $1.7 billion and a median of $1.2 billion in 2023 frame the typical range for Operating Expenses.
• The sharpest annual moves came in 2022 and 2023: Operating Expenses soared 265.93% in 2022, then sank 45.14% in 2023.
• Over 5 years, Operating Expenses stood at $1.1 billion in 2022, then advanced by 7.03% to $1.1 billion in 2023, then advanced by 1.45% to $1.2 billion in 2024, then retreated by 15.96% to $978.8 million in 2025, then rose by 2.88% to $1.0 billion in 2026.
• According to Business Quant data, Operating Expenses over the past three periods registered $1.0 billion, $1.1 billion, and $978.8 million for Q2 2026, Q1 2026, and Q4 2025 respectively.