Cenovus Energy (CVE) Tax Provisions (2009 - 2026)

Cenovus Energy has reported Tax Provisions for 18 years, with the latest figure at $775.0 million in Q2 2026.

• Quarterly Tax Provisions rose 550.79% year-over-year to $775.0 million in Q2 2026, while the trailing twelve-month figure through Jun 2026 was $1.5 billion (up 56.46% YoY) and the FY2025 annual result came in at $391.5 million, down 42.3% from the prior year.
• Tax Provisions advanced to $775.0 million in Q2 2026 per CVE's latest filing, from $374.8 million in the prior quarter.
• Over five years, Tax Provisions peaked at $1.6 billion in Q3 2022 and troughed at -$31.8 million in Q1 2023.
• A 5-year average of $394.0 million and a median of $253.2 million in 2024 frame the typical range for Tax Provisions.
• The sharpest annual moves came in 2022 and 2023: Tax Provisions jumped 1091.38% in 2022, then tumbled 107.42% in 2023.
• Over 5 years, Tax Provisions stood at $186.4 million in 2022, then declined by 8.96% to $169.7 million in 2023, then plunged by 83.97% to $27.2 million in 2024, then soared by 163.61% to $71.7 million in 2025, then soared by 980.73% to $775.0 million in 2026.
• According to Business Quant data, Tax Provisions over the past three periods registered $775.0 million, $374.8 million, and $71.7 million for Q2 2026, Q1 2026, and Q4 2025 respectively.