Cenovus Energy Inc

CVE Energy Oil & Gas Integrated

Cenovus Energy Inc’s revenue for fiscal 2025 (year ended December 2025) was $35.6 billion, down 10.2% from fiscal 2024.

Revenue
+41.3%
EPS
+226.5%
Free cash flow
+18,996.5%
Total debt
+14.0%

Quarter to June 2026, against a year earlier

27.81 0.58 −2.04%
Market cap
$50.2B
P/E
10.7×
Fwd P/E
7.9×
Dividend yield
2.18%
F-score
7/9
Altman Z
2.20
Beneish M
−2.51
Dividend safety
66/100

Cenovus Energy Inc (CVE) Free cash flow

Alert me on Free cash flow

Cenovus Energy Inc's free cash flow for fiscal 2025 was $2.4B, down 22.8% from $3.1B in fiscal 2024. Over the twelve months to 30 June 2026 it was $8.9B. Over the past ten years it has ranged from −$437.4M (fiscal 2020) to $5.9B (fiscal 2022); the current reading is higher than 64% of that period. Free cash flow has fallen for 3 consecutive fiscal years. Cenovus Energy Inc ranks 9th of 19 Oil & Gas Integrated companies by free cash flow.

Free cash flow, annual

Embed this chart

Annual newest first

Period Free cash flow Change
FY2025 $2.4B (22.82%)
FY2024 $3.1B (43.73%)
FY2023 $5.5B (7.53%)
FY2022 $5.9B 121.04%
FY2021 $2.7B —
FY2020 −$437.4M —
FY2019 $1.6B 164.25%
FY2018 $599.5M (44.05%)
FY2017 $1.1B —
FY2016 −$130.6M —

Quarterly newest first

Period Free cash flow Change
Jun 2026 $4.1B 155.17%
Mar 2026 $1.6B —
Dec 2025 −$1.8B —
Sep 2025 $1.6B 7,232.60%
42 more quarters

Against its own ten years

Low −$437.4M High $5.9B
Ten-year median $1.6B
Current reading's percentile 64

Free cash flow against peers

What Free cash flow is

Free Cash Flow tells an investor how much cash a company’s operations generate after paying for its investment in physical and intangible assets.

Operating Cash Flow + Property, Plant, Equipment Change (Net) + Intangible Assets Change (Net)

The full definition of Free cash flow →

More on CVE