Cenovus Operating Income from 2010 to 2026

CVE Stock  USD 23.13  0.88  3.96%   
Cenovus Energy's Operating Income is increasing over the years with slightly volatile fluctuation. Overall, Operating Income is expected to go to about 6.1 B this year. Operating Income is earnings before interest and taxes (EBIT), representing the amount of profit Cenovus Energy generates from its operations. View All Fundamentals
 
Operating Income  
First Reported
2008-03-31
Previous Quarter
690 M
Current Value
2.8 B
Quarterly Volatility
852.1 M
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
 
Interest Hikes
Check Cenovus Energy financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Cenovus Energy's main balance sheet or income statement drivers, such as Depreciation And Amortization of 5.9 B, Interest Expense of 560.1 M or Selling General Administrative of 469.6 M, as well as many indicators such as Price To Sales Ratio of 1.2, Dividend Yield of 0.0244 or PTB Ratio of 1.78. Cenovus financial statements analysis is a perfect complement when working with Cenovus Energy Valuation or Volatility modules.
  
Build AI portfolio with Cenovus Stock
Check out the analysis of Cenovus Energy Correlation against competitors.
For information on how to trade Cenovus Stock refer to our How to Trade Cenovus Stock guide.
Analyzing Cenovus Energy's Operating Income over time reveals critical patterns in financial health and operational efficiency. This metric helps investors evaluate trends, identify inflection points, and make informed decisions based on historical performance. Understanding how Operating Income has evolved provides context for assessing Cenovus Energy's current valuation and future prospects.

Latest Cenovus Energy's Operating Income Growth Pattern

Below is the plot of the Operating Income of Cenovus Energy over the last few years. Operating Income is the amount of profit realized from Cenovus Energy operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Cenovus Energy is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. It is earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations. Cenovus Energy's Operating Income historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Cenovus Energy's overall financial position and show how it may be relating to other accounts over time.
Operating Income10 Years Trend
Slightly volatile
   Operating Income   
       Timeline  

Cenovus Operating Income Regression Statistics

Arithmetic Mean2,854,811,441
Geometric Mean2,189,641,486
Coefficient Of Variation113.39
Mean Deviation2,568,388,585
Median2,205,000,000
Standard Deviation3,236,933,351
Sample Variance10477737.5T
Range12.9B
R-Value0.47
Mean Square Error8697460.6T
R-Squared0.22
Significance0.06
Slope301,880,917
Total Sum of Squares167643800.3T

Cenovus Operating Income History

20266.1 B
20255.8 B
20245.1 B
20235.6 B
202210.4 B
20213.5 B
2020-2.6 B

Other Fundumenentals of Cenovus Energy

Cenovus Energy Operating Income component correlations

0.99-0.480.680.640.680.870.90.980.84-0.22-0.630.980.710.970.850.670.81-0.280.84-0.710.80.880.9
0.99-0.490.650.570.60.810.890.930.78-0.26-0.660.980.740.960.860.620.8-0.320.77-0.730.750.820.86
-0.48-0.49-0.07-0.07-0.07-0.39-0.3-0.44-0.440.00.22-0.44-0.83-0.34-0.54-0.18-0.760.05-0.280.86-0.7-0.39-0.56
0.680.65-0.070.720.80.470.870.690.32-0.32-0.510.710.250.760.620.280.46-0.360.84-0.240.280.560.53
0.640.57-0.070.720.660.640.720.70.58-0.29-0.240.550.250.630.480.680.51-0.340.78-0.310.490.790.7
0.680.6-0.070.80.660.570.750.750.56-0.35-0.550.680.20.750.590.50.43-0.380.9-0.180.390.650.58
0.870.81-0.390.470.640.570.730.910.93-0.1-0.380.780.60.790.680.680.77-0.160.78-0.630.860.950.94
0.90.89-0.30.870.720.750.730.880.6-0.33-0.510.910.530.940.770.520.68-0.390.88-0.530.550.770.76
0.980.93-0.440.690.70.750.910.880.88-0.16-0.560.930.640.930.810.710.79-0.220.9-0.650.820.930.93
0.840.78-0.440.320.580.560.930.60.88-0.1-0.450.740.590.750.650.790.74-0.150.72-0.630.890.920.91
-0.22-0.260.0-0.32-0.29-0.35-0.1-0.33-0.16-0.10.15-0.24-0.1-0.3-0.1-0.17-0.131.0-0.250.1-0.06-0.17-0.16
-0.63-0.660.22-0.51-0.24-0.55-0.38-0.51-0.56-0.450.15-0.71-0.45-0.72-0.81-0.37-0.50.19-0.560.41-0.29-0.45-0.46
0.980.98-0.440.710.550.680.780.910.930.74-0.24-0.710.690.980.880.590.76-0.30.81-0.660.680.790.81
0.710.74-0.830.250.250.20.60.530.640.59-0.1-0.450.690.610.80.40.91-0.160.45-0.970.780.620.75
0.970.96-0.340.760.630.750.790.940.930.75-0.3-0.720.980.610.870.630.74-0.360.87-0.60.640.830.83
0.850.86-0.540.620.480.590.680.770.810.65-0.1-0.810.880.80.870.520.85-0.170.76-0.760.630.730.79
0.670.62-0.180.280.680.50.680.520.710.79-0.17-0.370.590.40.630.520.51-0.210.6-0.430.620.790.7
0.810.8-0.760.460.510.430.770.680.790.74-0.13-0.50.760.910.740.850.51-0.210.7-0.940.840.820.92
-0.28-0.320.05-0.36-0.34-0.38-0.16-0.39-0.22-0.151.00.19-0.3-0.16-0.36-0.17-0.21-0.21-0.310.17-0.12-0.23-0.23
0.840.77-0.280.840.780.90.780.880.90.72-0.25-0.560.810.450.870.760.60.7-0.31-0.460.610.860.82
-0.71-0.730.86-0.24-0.31-0.18-0.63-0.53-0.65-0.630.10.41-0.66-0.97-0.6-0.76-0.43-0.940.17-0.46-0.81-0.66-0.79
0.80.75-0.70.280.490.390.860.550.820.89-0.06-0.290.680.780.640.630.620.84-0.120.61-0.810.840.91
0.880.82-0.390.560.790.650.950.770.930.92-0.17-0.450.790.620.830.730.790.82-0.230.86-0.660.840.97
0.90.86-0.560.530.70.580.940.760.930.91-0.16-0.460.810.750.830.790.70.92-0.230.82-0.790.910.97
Click cells to compare fundamentals

About Cenovus Energy Financial Statements

Cenovus Energy stakeholders use historical fundamental indicators, such as Cenovus Energy's Operating Income, to determine how well the company is positioned to perform in the future. Although Cenovus Energy investors may analyze each financial statement separately, they are all interrelated. For example, changes in Cenovus Energy's assets and liabilities are reflected in the revenues and expenses on Cenovus Energy's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Cenovus Energy. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Operating Income5.8 B6.1 B

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Cenovus Energy is a strong investment it is important to analyze Cenovus Energy's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Cenovus Energy's future performance. For an informed investment choice regarding Cenovus Stock, refer to the following important reports:
Check out the analysis of Cenovus Energy Correlation against competitors.
For information on how to trade Cenovus Stock refer to our How to Trade Cenovus Stock guide.
You can also try the Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.
Will Oil, Gas & Consumable Fuels sector continue expanding? Could Cenovus diversify its offerings? Factors like these will boost the valuation of Cenovus Energy. Projected growth potential of Cenovus fundamentally drives upward valuation adjustments. Accurate valuation requires analyzing both current fundamentals and future growth trajectories. Every Cenovus Energy data point contributes insight, yet successful analysis hinges on identifying the most consequential variables.
Quarterly Earnings Growth
0.715
Dividend Share
0.76
Earnings Share
1.27
Revenue Per Share
28.498
Quarterly Revenue Growth
(0.04)
Understanding Cenovus Energy requires distinguishing between market price and book value, where the latter reflects Cenovus's accounting equity. The concept of intrinsic value - what Cenovus Energy's is actually worth based on fundamentals - guides informed investors toward better entry and exit points. Seasoned market participants apply comprehensive analytical frameworks to derive fundamental worth and identify mispriced opportunities. Market sentiment, economic cycles, and investor behavior can push Cenovus Energy's price substantially above or below its fundamental value.
It's important to distinguish between Cenovus Energy's intrinsic value and market price, which are calculated using different methodologies. Investment decisions regarding Cenovus Energy should consider multiple factors including financial performance, growth metrics, competitive position, and professional analysis. In contrast, Cenovus Energy's trading price reflects the actual exchange value where willing buyers and sellers reach mutual agreement.