Cenovus Energy Capital Expenditures (CapEx) Growth & History (CVE)
Cenovus Energy's capital expenditures (capex) was $4.91B for fiscal 2025.
View full Cenovus Energy company overviewCenovus Energy annual capital expenditures (capex) history
| Fiscal year | Period ended | Capital expenditures (CapEx) | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $4.91B | −$108.0M | −2.15% |
| 2024 | 2024-12-31 | $5.01B | $717.0M | +16.68% |
| 2023 | 2023-12-31 | $4.30B | $540.0M | +14.37% |
| 2022 | 2022-12-31 | $3.76B | — | — |
| 2020 | 2020-12-31 | $811.0M | −$299.0M | −26.94% |
| 2019 | 2019-12-31 | $1.11B | −$212.0M | −16.04% |
| 2018 | 2018-12-31 | $1.32B | −$201.0M | −13.20% |
| 2017 | 2017-12-31 | $1.52B | $556.0M | +57.50% |
| 2016 | 2016-12-31 | $967.0M | −$609.0M | −38.64% |
| 2015 | 2015-12-31 | $1.58B | — | — |
Cenovus Energy quarterly capital expenditures (capex)
| Fiscal quarter | Period ended | Capital expenditures (CapEx) | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $1.20B | $36.0M | +3.09% |
| Q1 2026 | 2026-03-31 | $1.17B | — | — |
| Q4 2025 | 2025-12-31 | $1.36B | — | — |
| Q3 2025 | 2025-09-30 | $1.15B | — | — |
| Q2 2025 | 2025-06-30 | $1.16B | — | — |
| Q3 2021 | 2021-09-30 | $631.0M | $480.0M | +317.88% |
| Q3 2020 | 2020-09-30 | $151.0M | −$121.0M | −44.49% |
| Q3 2019 | 2019-09-30 | $272.0M | — | — |
| Q2 2019 | 2019-06-30 | $241.0M | −$48.0M | −16.61% |
| Q2 2018 | 2018-06-30 | $289.0M | −$5.0M | −1.70% |
| Q2 2017 | 2017-06-30 | $294.0M | — | — |
Cenovus Energy capital expenditures (capex) trends
Over the last five fiscal years, Cenovus Energy's capital expenditures (capex) increased from $811.0M to $4.91B, a change of $4.10B. The latest reported quarter, Q2 2026, shows $1.20B.
What capital expenditures (CapEx) mean
Capital expenditures, commonly called CapEx, are cash investments in long-lived assets such as property, plants, equipment, infrastructure, and productive software. CapEx can support future growth or maintain existing operations, but it reduces current-period free cash flow.
SEC-reported capital expenditures
TickerStat standardizes cash payments for property, plant, equipment, and other productive assets reported in company SEC filings. When a filer reports separate qualifying CapEx components instead of a total, those components are combined for the same fiscal period. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Cenovus Energy source filings ↗