Cenovus Energy (CVE) Operating Leases (2018 - 2025)

Cenovus Energy (CVE) posted Operating Leases of $2.0 billion for Q4 2025, down 3.58% sequentially from $2.1 billion in Q3 2025, and up 9.46% YoY from $1.8 billion in Q4 2024.

Cenovus Energy (CVE) Operating Leases (2018 - 2025) Analysis & Trends

Cenovus Energy (CVE) has 8 years of Operating Leases data on file, last reported at $2.0 billion in Q4 2025.

  • Quarterly Operating Leases rose 9.46% year-over-year to $2.0 billion in Q4 2025, while the trailing twelve-month figure through Dec 2025 was $2.0 billion (up 9.46% YoY) and the FY2025 annual result came in at $2.0 billion, up 7.07% from the prior year.
  • Operating Leases slipped to $2.0 billion in Q4 2025 per CVE's latest filing, from $2.1 billion in the prior quarter.
  • The five-year high for Operating Leases was $2.3 billion in Q4 2021, with the low at $1.8 billion in Q4 2024.
  • Average Operating Leases over 5 years is $2.0 billion, with a median of $2.0 billion recorded in 2025.
  • Year-over-year, Operating Leases surged 74.06% in 2021 and dropped 10.94% in 2022.
  • Cenovus Energy's Operating Leases stood at $2.3 billion in 2021, then retreated by 10.94% to $2.1 billion in 2022, then declined by 6.55% to $2.0 billion in 2023, then declined by 5.84% to $1.8 billion in 2024, then increased by 9.46% to $2.0 billion in 2025.
  • Business Quant data shows CVE's Operating Leases at $2.0 billion in Q4 2025, $2.1 billion in Q3 2025, and $1.8 billion in Q4 2024.

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
DateValue
Dec 31, 2025 2.01 Bn
Sep 30, 2025 2.09 Bn
Dec 31, 2024 1.84 Bn
Sep 30, 2024 1.94 Bn
Dec 31, 2023 1.95 Bn
Dec 31, 2022 2.09 Bn
Dec 31, 2021 2.35 Bn
Dec 31, 2020 1.35 Bn
Dec 31, 2019 1.45 Bn
Dec 31, 2018 1.13 Bn