Cenovus Energy
$46.25Change from previous close: +2.78%Absolute change: +$1.25
At a glance
- Revenue growth
- −8.44%
- 2025 vs 2024
- Net income growth
- +25.08%
- 2025 vs 2024
- Net margin
- 7.9%
- 2024: 5.8%
Financial data
Amounts in millions of CAD; per-share values in CAD; shares in millions.
| Item | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | 5,636 | 2,181 | 2,408 | 2,131 | 2,374 | 1,315 | 2,029 | 2,474 | 2,807 | 1,925 | 2,946 | 2,738 |
| Depreciation and amortization | 1,549 | 1,535 | 1,436 | 1,385 | 1,242 | 1,372 | 1,281 | 1,274 | 1,289 | 1,252 | 1,325 | 1,252 |
| Capital expenditure | -1,200 | -1,170 | -1,360 | -1,154 | -1,164 | -1,229 | -1,478 | -1,346 | -1,155 | -1,036 | -1,170 | -1,025 |
| Investing cash flow | -1,167 | -1,070 | -3,638 | -1,316 | -1,375 | -1,348 | -1,513 | -1,308 | -1,170 | -1,135 | -1,280 | -1,101 |
| Financing cash flow | -3,925 | -1,335 | 2,142 | -1,519 | -1,078 | -294 | -741 | -1,175 | -912 | -677 | -639 | -2,600 |
| Dividends paid | -411 | -379 | -380 | -356 | -368 | -333 | -348 | -338 | -594 | -271 | -270 | -264 |
| Share repurchases | -1,077 | -407 | -775 | -939 | -316 | -120 | -151 | -732 | -440 | -165 | -350 | -361 |
| Debt issued | — | 294 | 5,495 | 86.0 | — | 450 | 5.0 | — | 136 | — | 58.0 | 14.0 |
| Debt repaid | -2,452 | -590 | -2,213 | -317 | -250 | -95.0 | -6.0 | -109 | -75.0 | -245 | 29.0 | -1,416 |
| Effect of exchange rates | 51.0 | 59.0 | -73.0 | 42.0 | -126 | 2.0 | 214 | -41.0 | 29.0 | 60.0 | -62.0 | 58.0 |
| Net change in cash | 595 | -165 | 839 | -662 | -205 | -325 | -11.0 | -50.0 | 754 | 173 | 965 | -905 |
| Free cash flow | 4,436 | 1,011 | 1,048 | 977 | 1,210 | 86.0 | 551 | 1,128 | 1,652 | 889 | 1,776 | 1,713 |
| Levered free cash flow | 3,029 | 1,215 | 2,074 | -843 | 1,246 | 242 | 778 | 1,110 | 1,466 | 365 | 1,440 | 762 |