Cenovus Energy annual net debt
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
Cenovus Energy Net Debt Growth & History (CVE)
Cenovus Energy's net debt was $11.44B for fiscal 2025.
View full Cenovus Energy company overviewCenovus Energy annual net debt history
| Fiscal year | Period ended | Net debt | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $11.44B | $4.10B | +55.92% |
| 2024 | 2024-12-31 | $7.33B | −$197.0M | −2.62% |
| 2023 | 2023-12-31 | $7.53B | $528.0M | +7.54% |
| 2022 | 2022-12-31 | $7.00B | −$5.47B | −43.84% |
| 2021 | 2021-12-31 | $12.47B | $3.65B | +41.37% |
| 2020 | 2020-12-31 | $8.82B | $391.0M | +4.64% |
| 2019 | 2019-12-31 | $8.43B | −$1.45B | −14.66% |
| 2018 | 2018-12-31 | $9.88B | $974.0M | +10.94% |
| 2017 | 2017-12-31 | $8.90B | $6.29B | +240.85% |
| 2016 | 2016-12-31 | $2.61B | $192.0M | +7.93% |
| 2015 | 2015-12-31 | $2.42B | — | — |
Cenovus Energy quarterly net debt
Q4.17
Q2.18
Q4.18
Q2.19
Q4.19
Q3.20
Q4.20
Q3.21
Q4.21
Q2.22
Q4.22
Q3.23
Q4.23
Q3.24
Q4.24
Q2.25
Q3.25
Q4.25
Q1.26
Q2.26
| Fiscal quarter | Period ended | Net debt | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $8.46B | $538.0M | +6.79% |
| Q1 2026 | 2026-03-31 | $11.18B | — | — |
| Q4 2025 | 2025-12-31 | $11.44B | $4.10B | +55.92% |
| Q3 2025 | 2025-09-30 | $15.28B | $1.53B | +11.12% |
| Q2 2025 | 2025-06-30 | $7.92B | — | — |
| Q4 2024 | 2024-12-31 | $7.33B | −$197.0M | −2.62% |
| Q3 2024 | 2024-09-30 | $13.75B | $5.06B | +58.18% |
| Q4 2023 | 2023-12-31 | $7.53B | $528.0M | +7.54% |
| Q3 2023 | 2023-09-30 | $8.70B | — | — |
| Q4 2022 | 2022-12-31 | $7.00B | −$5.47B | −43.84% |
| Q2 2022 | 2022-06-30 | $10.40B | — | — |
| Q4 2021 | 2021-12-31 | $12.47B | $3.65B | +41.37% |
| Q3 2021 | 2021-09-30 | $14.05B | $4.69B | +50.07% |
| Q4 2020 | 2020-12-31 | $8.82B | $391.0M | +4.64% |
| Q3 2020 | 2020-09-30 | $9.36B | — | — |
| Q4 2019 | 2019-12-31 | $8.43B | −$1.45B | −14.66% |
| Q2 2019 | 2019-06-30 | $8.63B | −$982.0M | −10.21% |
| Q4 2018 | 2018-12-31 | $9.88B | $974.0M | +10.94% |
| Q2 2018 | 2018-06-30 | $9.62B | — | — |
| Q4 2017 | 2017-12-31 | $8.90B | — | — |
Cenovus Energy net debt trends
Over the last five fiscal years, Cenovus Energy's net debt increased from $8.82B to $11.44B, a change of $2.62B. The latest reported quarter, Q2 2026, shows $8.46B.
About the metric
What net debt means
Net debt compares a company’s interest-bearing debt with its cash and cash equivalents. Positive net debt means debt exceeds cash, while a negative value indicates the company has more cash than debt on this measure.
Calculation and source
How net debt is calculated
TickerStat calculates net debt as total interest-bearing debt minus cash and cash equivalents at the same reporting-period end. Short-term investments are not subtracted because they are not included in the standardized cash series. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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