Cenovus Energy (CVE) Research & Development (2012 - 2026)

Cenovus Energy's (CVE) quarterly Research & Development came in at $8.8 million in Q1 2026, up 151.12% year-on-year from $3.5 million in Q1 2025, and down 61.87% quarter-over-quarter from $22.9 million in Q4 2025.

Cenovus Energy (CVE) Research & Development (2012 - 2026) Analysis & Trends

Cenovus Energy has disclosed Research & Development across 15 years of filings, most recently posting $8.8 million for Q1 2026.

  • Research & Development for Q1 2026 came in at $8.8 million, up 151.12% year-over-year; the trailing twelve-month figure through Mar 2026 was $34.6 million (down 28.98% YoY), and the FY2025 annual result was $29.3 million, down 40.59% from the prior year.
  • Research & Development came in at $8.8 million for Q1 2026 at Cenovus Energy, down from $22.9 million in the prior quarter.
  • In the past five years, Research & Development ranged from a high of $32.3 million in Q3 2024 to a low of $726635.0 in Q3 2025.
  • The 5-year median for Research & Development is $4.4 million (2024), against an average of $8.8 million.
  • Across the five-year window, Research & Development jumped 2062.02% in 2024 and plunged 97.75% in 2025, its largest moves.
  • Cenovus Energy's Research & Development stood at $1.5 million in 2022, then soared by 1495.29% to $23.5 million in 2023, then slumped by 60.41% to $9.3 million in 2024, then surged by 146.58% to $22.9 million in 2025, then tumbled by 61.87% to $8.8 million in 2026.
  • The last three Research & Development figures came in at $8.8 million (Q1 2026), $22.9 million (Q4 2025), and $726635.0 (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) R&D (Qtr)
1 Petrobras - Petroleo Brasileiro 1,901.04 Bn 1,894.28 Bn 11.34 Bn -250.00 Mn
2 Exxon Mobil 629.96 Bn 628.14 Bn - 126.00 Mn
3 TotalEnergies SE 621.59 Bn 621.59 Bn 26,816.00 -133.00
4 Shell 546.31 Bn 505.07 Bn - -
5 Chevron 370.90 Bn 376.56 Bn 20.34 Bn 205.00 Mn
6 Cenovus Energy 354.37 Bn 352.41 Bn 6.46 Bn 8.75 Mn
7 Eni Spa 252.26 Bn 242.70 Bn - -
8 Bp 196.12 Bn 159.56 Bn - 44.00 Mn
9 Suncor Energy 57.67 Bn 55.06 Bn 7.44 Bn 1.27 Bn
10 Imperial Oil 42.92 Bn 42.17 Bn - 2.19 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 8.75 Mn
Dec 31, 2025 22.95 Mn
Sep 30, 2025 726,635.00
Jun 30, 2025 2.17 Mn
Mar 31, 2025 3.48 Mn
Dec 31, 2024 9.31 Mn
Sep 30, 2024 32.25 Mn
Jun 30, 2024 3.66 Mn
Mar 31, 2024 5.19 Mn
Dec 31, 2023 23.51 Mn
Sep 30, 2023 1.49 Mn
Jun 30, 2023 2.98 Mn
Mar 31, 2023 2.96 Mn
Dec 31, 2022 1.47 Mn
Jun 30, 2022 7.84 Mn
Mar 31, 2022 12.63 Mn
Dec 31, 2021 2.38 Mn
Sep 30, 2021 3.97 Mn
Jun 30, 2021 3.25 Mn
Mar 31, 2021 7.90 Mn