Cenovus Energy (CVE) Research & Development (2012 - 2026)
Cenovus Energy (CVE) posted Research & Development of $2.9 million for Q2 2026, down 66.95% sequentially from $8.8 million in Q1 2026, and up 33.56% YoY from $2.2 million in Q2 2025.
Analysis
Cenovus Energy (CVE) Research & Development (2012 - 2026) Analysis & Trends
Cenovus Energy has reported Research & Development for 15 years, with the latest figure at $2.9 million in Q2 2026.
- Quarterly Research & Development rose 33.56% year-over-year to $2.9 million in Q2 2026, while the trailing twelve-month figure through Jun 2026 was $41.1 million (down 26.56% YoY) and the FY2025 annual result came in at $29.3 million, down 41.77% from the prior year.
- Research & Development retreated to $2.9 million in Q2 2026 per CVE's latest filing, from $8.8 million in the prior quarter.
- Over five years, Research & Development peaked at $75.9 million in Q3 2022 and troughed at $1.5 million in Q4 2022.
- A 5-year average of $14.1 million and a median of $7.0 million in 2023 frame the typical range for Research & Development.
- The sharpest annual moves came in 2022 and 2023: Research & Development surged 1811.05% in 2022, then tumbled 90.17% in 2023.
- Over 5 years, Research & Development stood at $1.5 million in 2022, then surged by 1495.29% to $23.5 million in 2023, then slumped by 60.41% to $9.3 million in 2024, then jumped by 146.58% to $22.9 million in 2025, then tumbled by 87.4% to $2.9 million in 2026.
- According to Business Quant data, Research & Development over the past three periods registered $2.9 million, $8.8 million, and $22.9 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Shell | 517.27 Bn | 477.40 Bn | - | 110.00 Mn |
| 2 | Chevron | 398.83 Bn | 395.97 Bn | 33.45 Bn | 256.00 Mn |
| 3 | TotalEnergies SE | 190.54 Bn | 161.37 Bn | 23.46 Bn | -95.00 Mn |
| 4 | Eni Spa | 166.18 Bn | 156.34 Bn | - | - |
| 5 | Equinor Asa | 103.49 Bn | 94.23 Bn | - | -189.00 Mn |
| 6 | Suncor Energy | 78.09 Bn | 74.21 Bn | -8.45 Bn | 1.26 Bn |
| 7 | Imperial Oil | 63.17 Bn | 61.11 Bn | - | 722,925.27 |
| 8 | Cenovus Energy | 59.48 Bn | 57.00 Bn | - | 2.89 Mn |
| 9 | Gas Transporter Of The South | 21.19 Bn | -3,019.86 Bn | - | - |
| 10 | Ypf Sociedad Anonima | 19.74 Bn | 17.54 Bn | 2.97 Bn | -17.00 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 2.89 Mn |
| Mar 31, 2026 | 8.75 Mn |
| Dec 31, 2025 | 22.95 Mn |
| Sep 30, 2025 | 6.54 Mn |
| Jun 30, 2025 | 2.17 Mn |
| Mar 31, 2025 | 3.48 Mn |
| Dec 31, 2024 | 9.31 Mn |
| Sep 30, 2024 | 41.05 Mn |
| Jun 30, 2024 | 3.66 Mn |
| Mar 31, 2024 | 5.19 Mn |
| Dec 31, 2023 | 23.51 Mn |
| Sep 30, 2023 | 7.46 Mn |
| Jun 30, 2023 | 2.98 Mn |
| Mar 31, 2023 | 2.96 Mn |
| Dec 31, 2022 | 1.47 Mn |
| Sep 30, 2022 | 75.91 Mn |
| Jun 30, 2022 | 20.39 Mn |
| Mar 31, 2022 | 12.63 Mn |
| Dec 31, 2021 | 2.38 Mn |
| Sep 30, 2021 | 3.97 Mn |