One plan - full access

No subscription, no auto-renewal, no hidden terms.
Pay once and use it for 30 days.

PRO plan No auto-renewal
$18

30 days of full access
One-time payment

🌐 US & Global Companies
Get access for 30 days →
♧ Secure payment · Instant access

What is included

  • ✓Full access to detailed company analysis
  • ✓Fundamental screener
  • ✓Advanced stock screener filters
  • ✓5 ratings. Separate lists for US & Global Companies and MOEX
  • ✓Company data export in XLSX and CSV
  • ✓MarketCap’s overall ranking of top companies
  • ✓Analytics updates after each new financial report
⚠ The service is not an investment advisor. Financial statement data from public companies is available to everyone - MarketCap structures and analyzes it.
Cenovus Energy  logo
Cenovus Energy CVE
$ 32.94 3.02%
report update icon

Quarterly report 2025-Q4
added 05-06-2026

Cenovus Energy Income Statement 2025-2011 | CVE

Brief overview of income trends at Cenovus Energy

This overview is based on financial performance over the past five years. Revenue at Cenovus Energy moved from 13.5 billion Canadian dollars in 2020 to 49.7 billion Canadian dollars in 2025. The five-year change reached +266.9%, while CAGR stood at 29.7%. This pace points to rapid expansion of the business.

EBITDA changed from 3.5 billion Canadian dollars to 5.2 billion Canadian dollars (+49.9%). EBITDA lagged revenue, showing weaker operating momentum. The EBITDA share of revenue changed from 25.6% to 10.4%. A lower EBITDA share weakens the quality of the result.

Across the five years, the net result shifted from −2.4 billion Canadian dollars to 3.9 billion Canadian dollars. The company restored profitability by the end of the period.

The market value of the business moved from 7.2 billion Canadian dollars to 40.3 billion Canadian dollars, or +459.6%. A large part of future progress may already be reflected in the valuation.

Conclusion

The figures do not all move in the same direction. The financial profile benefits from net-income growth and sales growth. The most visible risks are pressure on operating profitability. The next reporting periods will show whether revenue, margins, and final profitability can strengthen.

Annual Income Statement Cenovus Energy

2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011

Market Cap

40.3 B 27.1 B 33.4 B 37.7 B 29.2 B 7.2 B 10.4 B 9.11 B 9.85 B 11.3 B 10.1 B 14.3 B 19.8 B 25.4 B 27.5 B

Shares

1.81 B 1.85 B 1.9 B 1.95 B 2.02 B 1.23 B 1.23 B 1.23 B 1.1 B 833 M 819 M 757 M 756 M 756 M 754 M

Historical Prices

22.3 14.7 17.6 19.3 14.5 5.86 8.46 7.41 8.93 12.6 11.1 16.3 21.9 27 28.9

Net Income

3.93 B 3.14 B 4.11 B 6.45 B 587 M -2.38 B 2.19 B -2.67 B 3.37 B -545 M 618 M 744 M 662 M 993 M 1.48 B

Revenue

49.7 B 54.3 B 52.2 B 66.9 B 46.4 B 13.5 B 20.5 B 20.8 B 17 B 12.3 B 13.2 B 20.1 B 19 B 17.2 B 15.7 B

Gross Profit

- - - - - 200 M 9.5 B 9.97 B 7.17 B 3.66 B 3.58 B 6.74 B 6.42 B 6.03 B 3.8 B

EBITDA

5.19 B 4.87 B 4.64 B 4.68 B 5.89 B 3.46 B 2.25 B 2.13 B 2.03 B 1.06 B 1.16 B 3.54 B 3.8 B 3.69 B 3.87 B

Operating Expenses

6.34 B 6.84 B 6.35 B 5.82 B 4.72 B 1.96 B 2.09 B 2.18 B 1.95 B 4.09 B 4.53 B 5.17 B 4.49 B 4.02 B 1.34 B

General and Administrative Expenses

812 M 794 M 688 M 865 M 849 M 274 M 336 M 391 M 308 M 326 M 335 M 358 M 349 M 352 M -

All numbers in CAD currency

Quarterly Income Statement Cenovus Energy

2025-Q4 2025-Q3 2024-Q4 2024-Q3 2023-Q4 2023-Q3 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

Shares

1.81 B 1.79 B 1.85 B 1.85 B 1.9 B 1.89 B - - - - - 2.04 B - - - 1.23 B - - - 1.23 B 1.23 K - - - 1.23 K - - - 1.11 K - - - - - - - - - - - - - - - - - - - - - - - - -

Net Income

3.93 B 1.29 B 3.14 B 820 M 4.11 B 1.86 B - - - - - 551 M - - - -194 M - - - 187 M 1.78 B - - - -418 M - - - 2.62 B - - - - - - - - - - - - - - - - - - - - - - - - -

Revenue

49.7 B 13.2 B 54.3 B 14.2 B 52.2 B 14.6 B - - - - - 12.7 B - - - 3.66 B - - - 4.74 B 5.6 B - - - 5.83 B - - - 4.04 B - - - - - - - - - - - - - - - - - - - - - - - - -

EBITDA

5.19 B 1.32 B 4.87 B 1.22 B 4.64 B 1.2 B - - - - - 1.15 B - - - 1.09 B - - - 558 M 544 M - - - 559 M - - - 477 M - - - - - - - - - - - - - - - - - - - - - - - - -

Operating Expenses

6.34 B 1.59 B 6.84 B 1.74 B 6.35 B 1.55 B - - - - - 1.15 B - - - 481 M - - - 529 M 530 M - - - 535 M - - - 509 M - - - - - - - - - - - - - - - - - - - - - - - - -

General and Administrative Expenses

812 M 220 M 794 M 172 M 688 M 292 M - - - - - 158 M - - - 51 M - - - 72 M - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -

All numbers in CAD currency

The income statement is one of the three key financial reports of a company Cenovus Energy (alongside the balance sheet and the cash flow statement). It shows how the company makes money and what its expenses are:

  • How much revenue the company earned
  • How much it spent on production, personnel, marketing, taxes, etc.
  • What profit remained in the end

Analyzing the income statement helps an investor understand whether the business generates stable and growing profits, how effectively the company controls its expenses, and whether it is capable of generating income in the future. Additionally, this analysis shows how the company copes with crises and economic cycles, and allows assessing the potential for stock price growth and dividend payments.

Features
  • The income statement may include both recurring and one-time items (for example, profit from the sale of assets). It is necessary to separate core metrics from one-off events for accurate analysis.
  • Companies often publish interim reports (e.g., quarterly), which allows for more timely tracking of trends.
  • A combined analysis of the income statement with the balance sheet and cash flow statement provides a comprehensive view of the company’s financial health.

Reports on the profits and losses of other stocks in the Oil gas equipment industry

Issuer Price % 24h Market Cap Country
MRC Global MRC Global
MRC
- - - usaUSA
Baker Hughes Company Baker Hughes Company
BKR
$ 55.7 2.39 % $ 55.3 B usaUSA
DMC Global DMC Global
BOOM
$ 5.33 1.72 % $ 106 M usaUSA
BP PLC BP PLC
BP
$ 50.21 3.68 % $ 131 B britainBritain
Chevron Corporation Chevron Corporation
CVX
$ 224.99 2.55 % $ 416 B usaUSA
NOW NOW
DNOW
$ 15.68 4.36 % $ 1.85 B usaUSA
Dawson Geophysical Company Dawson Geophysical Company
DWSN
$ 2.23 0.12 % $ 69.2 M usaUSA
Equinor ASA Equinor ASA
EQNR
$ 46.98 4.59 % $ 122 B norwayNorway
TechnipFMC plc TechnipFMC plc
FTI
$ 69.67 2.11 % $ 28.7 B britainBritain
Flotek Industries Flotek Industries
FTK
$ 24.06 0.61 % $ 816 M usaUSA
Geospace Technologies Corporation Geospace Technologies Corporation
GEOS
$ 4.41 0.76 % $ 56.4 M usaUSA
Imperial Oil Limited Imperial Oil Limited
IMO
$ 133.92 3.34 % $ 67.3 B canadaCanada
U.S. Silica Holdings U.S. Silica Holdings
SLCA
- -0.06 % $ 1.19 B usaUSA
Adams Resources & Energy Adams Resources & Energy
AE
- - $ 96.3 M usaUSA
ChampionX Corporation ChampionX Corporation
CHX
- - $ 4.92 B usaUSA
Superior Drilling Products Superior Drilling Products
SDPI
- - $ 30 M usaUSA
Gulf Island Fabrication Gulf Island Fabrication
GIFI
- - $ 186 M usaUSA
NexTier Oilfield Solutions NexTier Oilfield Solutions
NEX
- - $ 2.58 B usaUSA
Exterran Corporation Exterran Corporation
EXTN
- - $ 153 M usaUSA
Matrix Service Company Matrix Service Company
MTRX
$ 10.02 0.64 % $ 284 M usaUSA
National Energy Services Reunited Corp. National Energy Services Reunited Corp.
NESR
$ 18.73 0.05 % $ 1.84 B usaUSA
National Fuel Gas Company National Fuel Gas Company
NFG
$ 79.92 1.96 % $ 7.23 B usaUSA
Natural Gas Services Group Natural Gas Services Group
NGS
$ 31.1 0.45 % $ 390 M usaUSA
Archrock Archrock
AROC
$ 29.56 1.06 % $ 5.16 B usaUSA
NOV NOV
NOV
$ 18.93 1.61 % $ 7.04 B usaUSA
Profire Energy Profire Energy
PFIE
- - $ 120 M usaUSA
Petróleo Brasileiro S.A. - Petrobras Petróleo Brasileiro S.A. - Petrobras
PBR
$ 26.0 2.77 % $ 823 B brasilBrasil
ProPetro Holding Corp. ProPetro Holding Corp.
PUMP
$ 7.73 0.06 % $ 803 M usaUSA
Recon Technology, Ltd. Recon Technology, Ltd.
RCON
$ 0.99 5.88 % $ 110 K chinaChina
Ranger Energy Services Ranger Energy Services
RNGR
$ 14.65 1.45 % $ 328 M usaUSA
USA Compression Partners, LP USA Compression Partners, LP
USAC
$ 25.17 1.74 % $ 3.65 B usaUSA
Smart Sand Smart Sand
SND
$ 5.07 0.2 % $ 198 M usaUSA
Eni S.p.A. Eni S.p.A.
E
$ 59.1 2.89 % $ 179 B italiaItalia
Tenaris S.A. Tenaris S.A.
TS
$ 59.39 3.74 % $ 62.7 B luxembourgLuxembourg
Ecopetrol S.A. Ecopetrol S.A.
EC
$ 17.9 1.13 % $ 36.6 B colombiaColombia
TETRA Technologies TETRA Technologies
TTI
$ 5.32 0.19 % $ 709 M usaUSA
Mammoth Energy Services Mammoth Energy Services
TUSK
$ 2.71 0.15 % $ 131 M usaUSA
Cactus Cactus
WHD
$ 61.71 0.85 % $ 4.95 B usaUSA
Select Energy Services Select Energy Services
WTTR
$ 18.58 2.09 % $ 2.57 B usaUSA
Exxon Mobil Corporation Exxon Mobil Corporation
XOM
$ 178.98 2.46 % $ 771 B usaUSA
YPF Sociedad Anónima YPF Sociedad Anónima
YPF
$ 52.1 1.94 % $ 20.4 B argentinaArgentina
Liberty Oilfield Services Liberty Oilfield Services
LBRT
$ 16.6 0.24 % $ 2.69 B usaUSA
RPC RPC
RES
$ 6.05 2.2 % $ 1.28 B usaUSA
Oceaneering International Oceaneering International
OII
$ 43.79 1.72 % $ 4.39 B usaUSA
Forum Energy Technologies Forum Energy Technologies
FET
$ 78.7 2.06 % $ 935 M usaUSA
Oil States International Oil States International
OIS
$ 8.12 2.27 % $ 477 M usaUSA
NCS Multistage Holdings NCS Multistage Holdings
NCSM
$ 53.35 3.31 % $ 138 M usaUSA
Schlumberger Limited Schlumberger Limited
SLB
$ 49.5 2.34 % $ 70.3 B franceFrance
Sasol Limited Sasol Limited
SSL
$ 16.34 2.64 % $ 10.4 B south-africaSouth-africa