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Cenovus Energy (CVE) Operating Expenses (2016 - 2026)

Cenovus Energy's Operating Expenses history spans 18 years, with the latest figure at $1.1 billion for Q1 2026.

  • On a quarterly basis, Operating Expenses fell 5.26% to $1.1 billion in Q1 2026 year-over-year; TTM through Mar 2026 was $4.5 billion, a 10.13% decrease, with the full-year FY2025 number at $4.5 billion, down 9.24% from a year prior.
  • Operating Expenses hit $1.1 billion in Q1 2026 for Cenovus Energy, up from $978.8 million in the prior quarter.
  • Over the last five years, Operating Expenses for CVE hit a ceiling of $1.4 billion in Q2 2024 and a floor of $978.8 million in Q4 2025.
  • Historically, Operating Expenses has averaged $1.2 billion across 5 years, with a median of $1.2 billion in 2025.
  • Biggest five-year swings in Operating Expenses: increased 24.81% in 2022 and later fell 15.96% in 2025.
  • Tracing CVE's Operating Expenses over 5 years: stood at $1.1 billion in 2022, then grew by 7.03% to $1.1 billion in 2023, then grew by 1.45% to $1.2 billion in 2024, then fell by 15.96% to $978.8 million in 2025, then grew by 9.88% to $1.1 billion in 2026.
  • Business Quant data shows Operating Expenses for CVE at $1.1 billion in Q1 2026, $978.8 million in Q4 2025, and $1.2 billion in Q3 2025.