Cenovus Energy (CVE) Tax Provisions (2009 - 2025)
Cenovus Energy (CVE) recorded Tax Provisions of $71.71 million in the quarter ended Dec 31, 2025, up 163.6% from $27.2 million a year earlier.
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Analysis
Cenovus Energy (CVE) Tax Provisions (2009 - 2025) Analysis & Trends
For the year ended Dec 31, 2025, Cenovus Energy reported Tax Provisions of $4.35 billion, down 15.0% from the prior year.
- Across earlier years, Tax Provisions came in at $5.12 billion in the year ended Dec 31, 2024 (+14.8%), $4.46 billion in the year ended Dec 31, 2023 (-28.2%), $6.21 billion in the year ended Dec 31, 2022 (+43.0%) and $4.34 billion in the year ended Dec 31, 2021.
- Quarterly Tax Provisions has ranged from -$43 million in the quarter ended Mar 31, 2023 to $966.8 million in the quarter ended Sep 30, 2021 over the past five years.
- On a year-over-year basis, Tax Provisions rose in two of the last five quarters, with growth averaging 14.1%.
- Peak year-over-year performance for Tax Provisions in the last five years was growth of 633.8% in the quarter ended Mar 31, 2022, against a decline of 88.2% in the quarter ended Dec 31, 2024 at the low end.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | ExxonMobil Holdings | 702.52 Bn | 660.66 Bn | - | 5.21 Bn |
| 2 | Chevron | 427.59 Bn | 399.71 Bn | 33.45 Bn | 4.50 Bn |
| 3 | Shell | 299.61 Bn | 159.87 Bn | - | - |
| 4 | TotalEnergies SE | 197.84 Bn | 68.92 Bn | 31,614.00 | -5,080.00 |
| 5 | Conocophillips | 165.71 Bn | 138.42 Bn | 12.81 Bn | 2.15 Bn |
| 6 | Equinor Asa | 111.12 Bn | 23.97 Bn | 4.49 Bn | -8.80 Bn |
| 7 | Canadian Natural Resources | 104.02 Bn | 101.03 Bn | 8.84 Bn | 775.70 Mn |
| 8 | Phillips 66 | 102.56 Bn | 86.35 Bn | 10.69 Bn | 1.47 Bn |
| 9 | Suncor Energy | 88.02 Bn | 73.77 Bn | - | -1.32 Bn |
| 10 | Cenovus Energy | 51.43 Bn | 43.14 Bn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2025 | 7.99 Mn |
| Jun 30, 2025 | 165.00 Mn |
| Mar 31, 2025 | 271.00 Mn |
| Sep 30, 2024 | 149.54 Mn |
| Jun 30, 2024 | 309.00 Mn |
| Mar 31, 2024 | 378.00 Mn |
| Sep 30, 2023 | 418.47 Mn |
| Jun 30, 2023 | 182.00 Mn |
| Mar 31, 2023 | -43.00 Mn |
| Sep 30, 2022 | 493.78 Mn |
| Jun 30, 2022 | 659.63 Mn |
| Mar 31, 2022 | 543.00 Mn |
| Dec 31, 2021 | 205.47 Mn |
| Sep 30, 2021 | 224.82 Mn |
| Jun 30, 2021 | 91.12 Mn |
| Mar 31, 2021 | 74.00 Mn |
| Dec 31, 2020 | -148.04 Mn |
| Sep 30, 2020 | -133.58 Mn |
| Jun 30, 2020 | -132.00 Mn |
| Mar 31, 2020 | -348.00 Mn |
API Access
Cenovus Energy Tax Provisions API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=tax-provisions&ticker=CVE&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-provisions", "ticker": "CVE", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=tax-provisions&ticker=CVE&period=max&api_key=YOUR_API_KEY");
const data = await res.json();