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
DateValue
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