Cenovus Energy Inc. (CVE) quarterly cash flow statement — complete operating, investing & financing history
Cenovus Energy Inc. (CVE) cash flow statement — 18-year operating, investing & financing cash flows
| Metric | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 |
|---|
| Cash from Operations | 5.64B | 2.19B | 2.41B | 2.13B | 2.37B | 1.31B | 2.03B | 2.47B | 2.81B | 1.93B | 2.95B | 2.74B | 1.99B | -286M | 2.97B | 4.09B | 2.98B | 1.36B | 2.18B | 2.14B |
| Operating CF Margin % | 32.34% | 17.65% | 22.13% | 16.15% | 18.35% | 9.26% | 13.35% | 17.36% | 18.18% | 13.94% | 20.99% | 18.78% | 21.57% | -3.15% | 28.63% | 32.39% | 20.02% | 10.54% | 19.83% | 21.36% |
| Operating CF Growth % | 137.51% | 66.28% | 18.58% | -13.86% | -15.43% | -31.69% | -31.13% | -9.64% | 41.06% | 773.08% | -0.81% | -33.04% | -33.2% | -120.95% | 35.99% | 91.25% | 117.6% | 498.68% | 773.6% | 192.08% |
| Net Income | 2.87B | 1.57B | 933.24M | 1.29B | 851M | 859M | 146M | 820M | 1B | 1.18B | 743M | 1.86B | 866M | 636M | 784M | 1.61B | 2.43B | 1.63B | -408M | 551M |
| Depreciation & Amortization | 1.55B | 1.54B | 1.43B | 1.32B | 1.18B | 1.31B | 1.23B | 1.22B | 1.29B | 1.2B | 1.25B | 1.25B | 1.13B | 1.1B | 1.16B | 0 | 0 | 1.03B | 1.09B | 0 |
| Stock-Based Compensation | 0 | 0 | 0 | 75M | 12M | 7M | -2M | -13M | 24M | -154M | -99M | 144M | 29M | -71M | 0 | -1M | 0 | 0 | 0 | 0 |
| Deferred Taxes | 301.13M | -33.09M | 288.76M | -327M | -127M | -66M | -350M | -46M | -46M | -32M | 166M | -2M | -44M | -370M | 17M | 568M | -61M | 118M | 171M | 191M |
| Other Non-Cash Items | 227.1M | 252.65M | -66.95M | 16M | -469M | 62M | 518M | -93M | 46M | 9M | -63M | 121M | -120M | 47M | 341M | 720M | 700M | -209M | 1.06B | 1.56B |
| Working Capital Changes | 689.3M | -1.15B | -183.85M | -241M | 923M | -861M | 492M | 588M | 494M | -269M | 949M | -641M | 132M | -1.63B | 673M | 1.19B | -92M | -1.2B | 271M | -166M |
| Change in Receivables | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Change in Inventory | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Change in Payables | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash from Investing | -1.17B | -1.07B | -3.64B | -1.32B | -1.38B | -1.35B | -1.51B | -1.31B | -1.17B | -1.14B | -1.28B | -1.1B | -1.16B | -1.75B | -1.17B | -690M | -791M | 337M | -395M | -327M |
| Capital Expenditures | -1.2B | -1.17B | -1.36B | -1.15B | -1.16B | -1.23B | -1.48B | -1.35B | -1.16B | -1.04B | -1.17B | -1.02B | -1B | -1.1B | -1.27B | -866M | -822M | -746M | -835M | -647M |
| CapEx % of Revenue | 6.89% | 9.47% | 12.5% | 8.75% | 9% | 8.65% | 9.73% | 9.45% | 7.48% | 7.5% | 8.34% | 7.03% | 10.86% | 12.14% | 12.28% | 6.86% | 5.52% | 5.76% | 7.58% | 6.46% |
| Acquisitions | 67.03M | 89.23M | -2.3B | -7M | -116M | -100M | -4M | 18M | -5M | 15M | -14M | -32M | -1M | -457M | 38M | -389M | 112M | 950M | 247M | 83M |
| Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Investing | -34.01M | 11.03M | 25.98M | -155M | -95M | -19M | -31M | 20M | -10M | -114M | -96M | -36M | -156M | -197M | 66M | 514M | -81M | 133M | 193M | 237M |
| Cash from Financing | -3.93B | -1.34B | 2.14B | -1.52B | -1.08B | -294M | -741M | -1.18B | -912M | -677M | -639M | -2.6B | -639M | -435M | -750M | -3.82B | -2.01B | -1.09B | -916M | -913M |
| Debt Issued (Net) | -2.2B | -501.29M | 3.13B | -186M | -178M | 55M | -1M | -109M | 61M | -245M | 87M | -1.4B | -76M | -185M | 41M | -2.97B | -888M | -601M | -581M | -868M |
| Equity Issued (Net) | -1.06B | -661.71M | -759.38M | -932M | -610M | -262M | -108M | -732M | -440M | -165M | -350M | -361M | -310M | -40M | -387M | -659M | -1.02B | -466M | 0 | 0 |
| Dividends Paid | -411.18M | -379.98M | -379.69M | -356M | -368M | -333M | -348M | -338M | -594M | -271M | -270M | -264M | -274M | -218M | -420M | -214M | -215M | -78M | -78M | -44M |
| Share Repurchases | -1.08B | -708.83M | -774.37M | -939M | -466M | -62M | -108M | -732M | -440M | -165M | -350M | -361M | -310M | -40M | -387M | -659M | -1.02B | -466M | 0 | 0 |
| Other Financing | -252.11M | 204.53M | 145.88M | -45M | 78M | 246M | -284M | 4M | 61M | 4M | -106M | -573M | 21M | 8M | 16M | 20M | 110M | 52M | -257M | -1M |
| Net Change in Cash | 540.66M | -200.89M | 864.92M | -662M | -205M | -325M | -11M | -50M | 754M | 173M | 965M | -905M | 118M | -2.48B | 1.03B | -199M | 294M | 526M | 863M | 955M |
| Free Cash Flow | 4.41B | 1.04B | 1.13B | 977M | 1.21B | 86M | 551M | 1.13B | 1.65B | 889M | 1.78B | 1.71B | 988M | -1.39B | 1.7B | 3.22B | 2.16B | 619M | 1.35B | 1.49B |
| FCF Margin % | 25.32% | 8.37% | 10.43% | 7.4% | 9.35% | 0.61% | 3.63% | 7.92% | 10.7% | 6.44% | 12.65% | 11.75% | 10.71% | -15.3% | 16.35% | 25.53% | 14.49% | 4.78% | 12.25% | 14.89% |
| FCF Growth % | 264.87% | 1105.43% | 105.82% | -13.39% | -26.76% | -90.33% | -68.98% | -34.15% | 67.21% | 164.1% | 4.72% | -46.85% | -54.17% | -324.07% | 25.72% | 116.16% | 158.2% | 294.04% | - | 157.07% |
| FCF per Share | 2.36 | 0.55 | 0.61 | 0.54 | 0.66 | 0.05 | 0.30 | 0.61 | 0.88 | 0.47 | 0.94 | 0.90 | 0.51 | -0.71 | 0.84 | 1.59 | 1.06 | 0.31 | 0.82 | 0.91 |
| FCF Conversion (FCF/Net Income) | 1.96x | 1.39x | 2.58x | 1.66x | 2.79x | 1.53x | 13.90x | 3.02x | 2.81x | 1.64x | 3.97x | 1.47x | 3.05x | -0.61x | 5.14x | 3.52x | 1.58x | 1.05x | -6.77x | 4.92x |
| Interest Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Taxes Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |