Cenovus Energy Long-Term Debt 2011-2026 | CVE

Long-term debt is a financial obligation of a company or an individual with a repayment period exceeding one year from the date it arises. In accounting, such obligations are recorded under the "long-term liabilities" section.

Main characteristics:

Term exceeds 12 months
Can take the form of bonds, bank loans, credit lines, leasing, or loans from affiliated parties
Repaid through regular payments (interest and/or principal) over several years

Why long-term debt is needed:

Investment in development
Allows financing of large projects — new factories, production lines, innovative developments — without diverting working capital.
Smoothing of cash flows
A long-term payment schedule facilitates budget planning and reduces short-term financial risks.
Optimization of capital structure
A combination of equity and borrowed capital can reduce the average cost of business financing.

A high level of long-term debt may indicate that a company heavily relies on borrowed funds. This increases risks, especially in conditions of rising interest rates or declining profits. However, a moderate level of debt can signal a sound growth strategy — for example, the company takes a loan to expand its business.

If a company uses borrowed funds effectively (e.g., invests in profitable projects), this can lead to profit growth and, consequently, an increase in stock value. An investor evaluates whether the investments made using debt are paying off.

It is important to monitor whether the company can regularly pay interest and repay the principal. Payment difficulties can lead to reduced dividends, a drop in stock value, and even bankruptcy.

Examples of long-term debt:

Mortgage loans for property purchases
Corporate bonds issued by a company to raise capital
Project financing — long-term loans for building or expanding production facilities
Leasing obligations for equipment or transport

Annual Long-Term Debt Cenovus Energy

2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011
-	-	-	-	-	7.44 B	6.7 B	8.48 B	9.51 B	6.33 B	6.52 B	5.46 B	5 B	4.68 B	3.53 B

All numbers in CAD currency

Indicator range from annual reports

Maximum	Minimum	Average
9.51 B	3.53 B	6.37 B

Quarterly Long-Term Debt Cenovus Energy

2022-Q4	2022-Q3	2022-Q2	2022-Q1	2021-Q4	2021-Q3	2021-Q2	2021-Q1	2020-Q4	2020-Q3	2020-Q2	2020-Q1	2019-Q4	2019-Q3	2019-Q2	2019-Q1	2018-Q4	2018-Q3	2018-Q2	2018-Q1	2017-Q4	2017-Q3	2017-Q2	2017-Q1	2016-Q4	2016-Q3	2016-Q2	2016-Q1	2015-Q4	2015-Q3	2015-Q2	2015-Q1	2014-Q4	2014-Q3	2014-Q2	2014-Q1	2013-Q4	2013-Q3	2013-Q2	2013-Q1	2012-Q4	2012-Q3	2012-Q2	2012-Q1	2011-Q4	2011-Q3	2011-Q2	2011-Q1
-	-	-	-	2.68 B	2.79 B	-	-	1.57 B	1.64 B	-	-	1.72 B	-	1.4 B	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-

All numbers in CAD currency

Indicator range from quarterly reporting

Maximum	Minimum	Average
2.79 B	1.4 B	1.97 B

Long-Term Debt of other stocks in the Oil gas equipment industry

Issuer	Long-Term Debt	Price	% 24h	Market Cap	Country
Baker Hughes Company BKR	5.98 B	$ 63.07	0.38 %	$ 62.9 B	USA
BP PLC BP	63.3 B	$ 46.9	0.95 %	$ 91.2 B	Britain
Adams Resources & Energy AE	21.9 M	-	-	$ 96.3 M	USA
DMC Global BOOM	47.2 M	$ 5.15	1.18 %	$ 103 M	USA
ChampionX Corporation CHX	591 M	-	-	$ 4.92 B	USA
Frank's International N.V. FI	21.2 M	-	7.14 %	$ 120 M	USA
Seacor Holdings Inc. CKH	264 M	-	0.22 %	$ 851 M	USA
Dawson Geophysical Company DWSN	11.3 M	$ 2.64	1.78 %	$ 81.9 M	USA
Core Laboratories N.V. CLB	190 M	$ 16.61	0.67 %	$ 764 M	Niderland
Exterran Corporation EXTN	572 M	-	-	$ 153 M	USA
Gulf Island Fabrication GIFI	4.5 M	-	-	$ 186 M	USA
Cypress Environmental Partners, L.P. CELP	62 M	-	-	$ 6.04 M	USA
Flotek Industries FTK	40 M	$ 15.95	0.89 %	$ 541 M	USA
FTS International, Inc. FTSI	457 M	-	-0.61 %	$ 366 M	USA
ION Geophysical Corporation IO	144 M	-	-6.68 %	$ 10.4 M	USA
Liberty Oilfield Services LBRT	242 M	$ 28.41	2.75 %	$ 4.6 B	USA
PetroChina Company Limited PTR	251 B	-	-0.51 %	$ 140 B	China
RigNet, Inc. RNET	83.8 M	-	-2.24 %	$ 202 M	USA
Chevron Corporation CVX	39.8 B	$ 192.26	1.96 %	$ 355 B	USA
China Petroleum & Chemical Corporation SNP	83.8 B	-	-	$ 550 B	China
Helix Energy Solutions Group HLX	298 M	$ 9.72	1.51 %	$ 1.44 B	USA
Ecopetrol S.A. EC	41.8 T	$ 14.51	2.83 %	$ 29.7 B	Colombia
Equinor ASA EQNR	2.45 B	$ 39.92	2.48 %	$ 98.4 B	Norway
NCS Multistage Holdings NCSM	5.26 M	$ 66.9	5.92 %	$ 173 M	USA
National Energy Services Reunited Corp. NESR	191 M	$ 23.23	1.0 %	$ 2.29 B	USA
NOW DNOW	15 M	$ 12.19	-0.08 %	$ 1.3 B	USA
Eni S.p.A. E	21.9 B	$ 56.43	-0.02 %	$ 109 B	Italia
Nine Energy Service NINE	342 M	-	-	$ 17.9 M	USA
Geospace Technologies Corporation GEOS	769 K	$ 8.95	0.23 %	$ 114 M	USA
Halliburton Company HAL	7.16 B	$ 38.28	1.78 %	$ 32.7 B	USA
Recon Technology, Ltd. RCON	4.79 M	$ 0.86	0.42 %	$ 7.82 M	China
Oil States International OIS	1.67 M	$ 11.84	2.56 %	$ 695 M	USA
National Fuel Gas Company NFG	2.38 B	$ 93.9	-0.17 %	$ 8.5 B	USA
NOV NOV	1.69 B	$ 19.62	0.67 %	$ 7.3 B	USA
Dril-Quip DRQ	18.9 M	-	-3.51 %	$ 527 M	USA
Suncor Energy SU	13.8 B	$ 65.17	1.15 %	$ 49.3 B	Canada
Oceaneering International OII	487 M	$ 36.99	2.13 %	$ 3.71 B	USA
Profire Energy PFIE	63.4 K	-	-	$ 120 M	USA
Mammoth Energy Services TUSK	26 K	$ 2.44	1.24 %	$ 118 M	USA
Petróleo Brasileiro S.A. - Petrobras PBR	106 B	$ 21.86	1.58 %	$ 134 B	Brasil
Sasol Limited SSL	14.3 B	$ 13.24	3.84 %	$ 8.27 B	South-africa
USA Compression Partners, LP USAC	2.11 B	$ 27.86	1.46 %	$ 4.04 B	USA
Cactus WHD	241 M	$ 54.55	0.37 %	$ 4.37 B	USA
Exxon Mobil Corporation XOM	34.2 B	$ 154.45	1.39 %	$ 665 B	USA
YPF Sociedad Anónima YPF	528 B	$ 44.09	2.56 %	$ 5.75 B	Argentina
MRC Global MRC	9 M	-	-	-	USA
NexTier Oilfield Solutions NEX	347 M	-	-	$ 2.58 B	USA
Natural Gas Services Group NGS	1.91 M	$ 38.67	0.61 %	$ 485 M	USA