Cenovus Energy (CVE) Restructuring Costs (2015 - 2022)
Cenovus Energy (CVE) posted Restructuring Costs of $22.0 million for Q2 2022, up 15.91% sequentially from $18.9 million in Q1 2022, and down 20.6% YoY from $27.7 million in Q2 2021.
Cenovus Energy (CVE) Restructuring Costs (2015 - 2022) Analysis & Trends
Cenovus Energy (CVE) has 6 years of Restructuring Costs data on file, last reported at $22.0 million in Q2 2022.
- Quarterly Restructuring Costs fell 20.6% year-over-year to $22.0 million in Q2 2022, while the trailing twelve-month figure through Jun 2022 was $113.9 million (down 49.6% YoY) and the FY2021 annual result came in at $278.5 million, up 1186.44% from the prior year.
- Restructuring Costs climbed to $22.0 million in Q2 2022 per CVE's latest filing, from $18.9 million in the prior quarter.
- The five-year high for Restructuring Costs was $176.2 million in Q1 2021, with the low at $18.9 million in Q1 2022.
- Average Restructuring Costs over 3 years is $48.6 million, with a median of $27.7 million recorded in 2021.
- Year-over-year, Restructuring Costs surged 67.62% in 2021 and tumbled 89.25% in 2022.
- Cenovus Energy's Restructuring Costs stood at $22.2 million in 2020, then surged by 67.62% to $37.3 million in 2021, then plunged by 41.1% to $22.0 million in 2022.
- Business Quant data shows CVE's Restructuring Costs at $22.0 million in Q2 2022, $18.9 million in Q1 2022, and $37.3 million in Q4 2021.
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| Date | Value |
|---|---|
| Jun 30, 2022 | 21.96 Mn |
| Mar 31, 2022 | 18.95 Mn |
| Dec 31, 2021 | 37.29 Mn |
| Sep 30, 2021 | 35.75 Mn |
| Jun 30, 2021 | 27.66 Mn |
| Mar 31, 2021 | 176.19 Mn |
| Dec 31, 2020 | 22.24 Mn |
| Sep 30, 2017 | 797,406.35 |
| Jun 30, 2017 | 19.34 Mn |
| Mar 31, 2017 | 21.91 Mn |
| Sep 30, 2016 | 16.11 Mn |
| Dec 31, 2015 | 17.98 Mn |