InsiderClue
Stocks · Energy · Crude Petroleum & Natural Gas

CENOVUS ENERGY INC.

CVE Clue Score42
Alberta, Canada Fiscal year ends December CIK 0001475260
$31.39 -0.32% Close, 9 Oct 2026
Alert on the numbers Alert on insider trades
Price $31.39 +173.67% Close, 9 Oct 2026

Closing prices at the end of each trading day, from 12 Oct 2016. Not a live quote. Adjusted for share splits, so the line has no step at a split; dividends are not added back.

Revenue and profit

What the business sells, and what is left of it. Point at a year for the detail.
RevenueNet income
Fiscal year 2016Revenue11.01Net income−0.55Fiscal year 2017Revenue17.04 +54.9%Net income3.37Fiscal year 2018Revenue20.84 +22.3%Net income−2.67 −179.3%Fiscal year 2019Revenue20.54 −1.4%Net income2.19EPS, diluted1.78Fiscal year 2020Revenue13.54 −34.1%Net income−2.38 −208.4%EPS, diluted−1.94Fiscal year 2021Revenue46.36 +242.3%Net income0.59EPS, diluted0.27Fiscal year 2022Revenue66.90 +44.3%Net income6.45 +998.8%EPS, diluted3.20Fiscal year 2023Revenue52.20 −22.0%Net income4.11 −36.3%EPS, diluted2.09Fiscal year 2024Revenue54.28 +4.0%Net income3.14 −23.5%EPS, diluted1.67Fiscal year 2025Revenue49.70 −8.4%Net income3.93 +25.1%EPS, diluted2.15
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Revenue 11.01 17.04 20.84 20.54 13.54 46.36 66.90 52.20 54.28 49.70
Growth +54.9% +22.3% −1.4% −34.1% +242.3% +44.3% −22.0% +4.0% −8.4%
Net income −0.55 3.37 −2.67 2.19 −2.38 0.59 6.45 4.11 3.14 3.93
Growth −179.3% −208.4% +998.8% −36.3% −23.5% +25.1%
EPS, diluted n/a n/a n/a 1.78 −1.94 0.27 3.20 2.09 1.67 2.15

Margins

How much of each dollar of revenue it keeps. Point at a year for the detail.
Net margin
Fiscal year 2016Net margin−5.0%Free cash flow margin−1.0%Fiscal year 2017Net margin19.8%Free cash flow margin9.0%Fiscal year 2018Net margin−12.8%Free cash flow margin4.0%Fiscal year 2019Net margin10.7%Free cash flow margin10.6%Fiscal year 2020Net margin−17.6%Free cash flow margin−4.0%Fiscal year 2021Net margin1.3%Fiscal year 2022Net margin9.6%Fiscal year 2023Net margin7.9%Fiscal year 2024Net margin5.8%Fiscal year 2025Net margin7.9%
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Net margin −5.0% 19.8% −12.8% 10.7% −17.6% 1.3% 9.6% 7.9% 5.8% 7.9%
Free cash flow margin −1.0% 9.0% 4.0% 10.6% −4.0% n/a n/a n/a n/a n/a

Cash flow

The cash the business makes, what it reinvests, and what it hands back. Point at a year for the detail.
Operating cash flowCapital expenditureFree cash flow
Fiscal year 2016Operating cash flow0.86Capital expenditure−0.97Free cash flow−0.11Dividends paid−0.17Fiscal year 2017Operating cash flow3.06Capital expenditure−1.52Free cash flow1.54Dividends paid−0.23Fiscal year 2018Operating cash flow2.15Capital expenditure−1.32Free cash flow0.83 −45.8%Dividends paid−0.25Fiscal year 2019Operating cash flow3.29Capital expenditure−1.11Free cash flow2.18 +161.4%Buybacks0.00Dividends paid−0.26Fiscal year 2020Operating cash flow0.27Capital expenditure−0.81Free cash flow−0.54 −124.7%Buybacks0.00Dividends paid−0.08Fiscal year 2021Operating cash flow5.92Buybacks−0.27Fiscal year 2022Operating cash flow11.40Buybacks−2.53Fiscal year 2023Operating cash flow7.39Buybacks−1.06Dividends paid−1.03Fiscal year 2024Operating cash flow9.24Buybacks−1.45Dividends paid−1.55Fiscal year 2025Operating cash flow8.23Buybacks−2.00Dividends paid−1.44
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Operating cash flow 0.86 3.06 2.15 3.29 0.27 5.92 11.40 7.39 9.24 8.23
Capital expenditure −0.97 −1.52 −1.32 −1.11 −0.81 n/a n/a n/a n/a n/a
Free cash flow −0.11 1.54 0.83 2.18 −0.54 n/a n/a n/a n/a n/a
Growth −45.8% +161.4% −124.7%
Buybacks n/a n/a n/a 0.00 0.00 −0.27 −2.53 −1.06 −1.45 −2.00
Dividends paid −0.17 −0.23 −0.25 −0.26 −0.08 n/a n/a −1.03 −1.55 −1.44

Balance sheet

What it holds against what it owes, at each year end. Point at a year for the detail.
CashTotal debt
Fiscal year 2016Cash3.72Total debt6.33Net cash (debt)−2.61Shareholders’ equity11.59Debt to equity0.55Fiscal year 2017Cash0.61Total debt9.51Net cash (debt)−8.90Shareholders’ equity19.98Debt to equity0.48Fiscal year 2018Cash0.78Total debt9.16Net cash (debt)−8.38Shareholders’ equity17.47Debt to equity0.52Fiscal year 2019Cash0.19Total debt6.70Net cash (debt)−6.51Shareholders’ equity19.20Debt to equity0.35Fiscal year 2020Cash0.38Total debt7.44Net cash (debt)−7.06Shareholders’ equity16.71Debt to equity0.45Fiscal year 2021Cash2.87Total debt12.39Net cash (debt)−9.51Shareholders’ equity23.60Debt to equity0.52Fiscal year 2022Cash4.52Total debt8.69Net cash (debt)−4.17Shareholders’ equity27.58Debt to equity0.32Fiscal year 2023Cash2.23Total debt7.11Net cash (debt)−4.88Shareholders’ equity28.70Debt to equity0.25Fiscal year 2024Cash3.09Total debt7.53Net cash (debt)−4.44Shareholders’ equity29.75Debt to equity0.25Fiscal year 2025Cash2.74Total debt11.03Net cash (debt)−8.29Shareholders’ equity31.62Debt to equity0.35
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Cash 3.72 0.61 0.78 0.19 0.38 2.87 4.52 2.23 3.09 2.74
Total debt 6.33 9.51 9.16 6.70 7.44 12.39 8.69 7.11 7.53 11.03
Net cash (debt) −2.61 −8.90 −8.38 −6.51 −7.06 −9.51 −4.17 −4.88 −4.44 −8.29
Shareholders’ equity 11.59 19.98 17.47 19.20 16.71 23.60 27.58 28.70 29.75 31.62
Debt to equity 0.55 0.48 0.52 0.35 0.45 0.52 0.32 0.25 0.25 0.35

In billions of CAD, except per-share figures and ratios. Fiscal years, as last filed with the SEC.

Financial statements FY2025 · 10-K

Income statement

In billions of CAD, except per-share figures; shares in millions. Fiscal years ending December, each column as last filed with the SEC.
Click a line to chart it
Fiscal year FY2016 31 Dec 2016 FY2017 31 Dec 2017 FY2018† 31 Dec 2018 FY2019 31 Dec 2019 FY2020 31 Dec 2020 FY2021† 31 Dec 2021 FY2022 31 Dec 2022 FY2023 31 Dec 2023 FY2024 31 Dec 2024 FY2025 31 Dec 2025
Revenue and profit
11.01 17.04 20.84 20.54 13.54 46.36 66.90 52.20 54.28 49.70
Growth +54.9% +22.3% −1.4% −34.1% +242.3% +44.3% −22.0% +4.0% −8.4%
0.04 0.04 0.03 0.02 n/a n/a n/a n/a n/a n/a
0.32 0.30 1.02 0.33 0.29 0.85 0.87 0.69 0.79 0.81
−0.80 2.22 −3.93 1.40 −3.23 1.32 8.73 5.04 4.07 4.48
−0.34 −0.05 −1.01 −0.80 −0.85 0.73 2.28 0.93 0.93 0.55
−0.55 3.37 −2.67 2.19 −2.38 0.59 6.45 4.11 3.14 3.93
Growth −179.3% −208.4% +998.8% −36.3% −23.5% +25.1%
Per share
n/a n/a n/a 1.78 −1.94 0.27 3.29 2.15 1.68 2.16
n/a n/a n/a 1.78 −1.94 0.27 3.20 2.09 1.67 2.15
Growth −209.0% +1,085.2% −34.7% −20.1% +28.7%
0.0 0.0 1,229 1,229 1,229 2,016 1,951 1,895 1,850 1,810
0.0 0.0 1,229 1,229 1,229 2,045 2,006 1,940 1,863 1,820
Growth +32.3% +111,491,963.5% +0.0% −0.0% +66.4% −1.9% −3.3% −4.0% −2.3%

† The diluted share count jumps at 2018 and 2021, so per-share figures either side of that column are not comparable. Usually a split, but the break lands on the restatement boundary rather than on the split date, because every column is that period’s latest filing.

Shown in CAD as filed; the screener converts to dollars.

Five years in brief

Worked out from the figures above, not from a press release
  • Revenue grew 29.7% a year over five years.
  • A net loss in 3 of 10 years on file.