Cenovus Energy (CVE) Revenue & Revenue Breakdown


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Cenovus Energy Revenue Highlights


Latest Revenue (Y)

$52.20B

Latest Revenue (Q)

$13.40B

Main Segment (Y)

Upstream

Main Geography (Y)

CANADA

Cenovus Energy Revenue by Period


Cenovus Energy Revenue by Year

DateRevenueChange
2023-12-31$52.20B-27.26%
2022-12-31$71.77B47.03%
2021-12-31$48.81B259.14%
2020-12-31$13.59B-36.35%
2019-12-31$21.35B-0.17%
2018-12-31$21.39B23.54%
2017-12-31$17.31B40.97%
2016-12-31$12.28B-7.00%
2015-12-31$13.21B-34.32%
2014-12-31$20.11B5.87%
2013-12-31$18.99B10.24%
2012-12-31$17.23B9.77%
2011-12-31$15.70B20.99%
2010-12-31$12.97B22.18%
2009-12-31$10.62B-47.31%
2008-12-31$20.15B-

Cenovus Energy generated $52.20B in revenue during NA 2023, up -27.26% compared to the previous quarter, and up 244.07% compared to the same period a year ago.

Cenovus Energy Revenue by Quarter

DateRevenueChange
2024-03-31$13.40B2.00%
2023-12-31$13.13B-16.41%
2023-09-30$15.71B22.10%
2023-06-30$12.87B0.08%
2023-03-31$12.86B-13.92%
2022-12-31$14.94B-20.10%
2022-09-30$18.70B-9.88%
2022-06-30$20.75B19.35%
2022-03-31$17.38B19.54%
2021-12-31$14.54B8.26%
2021-09-30$13.43B20.89%
2021-06-30$11.11B16.66%
2021-03-31$9.52B166.83%
2020-12-31$3.57B-6.37%
2020-09-30$3.81B73.67%
2020-06-30$2.19B-45.33%
2020-03-31$4.01B-22.24%
2019-12-31$5.16B1.87%
2019-09-30$5.07B-14.49%
2019-06-30$5.93B14.09%
2019-03-31$5.20B15.04%
2018-12-31$4.52B-26.49%
2018-09-30$6.14B1.92%
2018-06-30$6.03B28.15%
2018-03-31$4.70B-9.77%
2017-12-31$5.21B17.04%
2017-09-30$4.45B9.12%
2017-06-30$4.08B3.53%
2017-03-31$3.94B6.68%
2016-12-31$3.69B12.69%
2016-09-30$3.28B7.76%
2016-06-30$3.04B34.35%
2016-03-31$2.27B-23.35%
2015-12-31$2.96B-10.67%
2015-09-30$3.31B-12.46%
2015-06-30$3.78B19.40%
2015-03-31$3.17B-27.04%
2014-12-31$4.34B-14.84%
2014-09-30$5.09B-8.38%
2014-06-30$5.56B8.70%
2014-03-31$5.12B5.97%
2013-12-31$4.83B-7.08%
2013-09-30$5.20B13.08%
2013-06-30$4.59B4.96%
2013-03-31$4.38B15.12%
2012-12-31$3.80B-14.79%
2012-09-30$4.46B4.28%
2012-06-30$4.28B-8.69%
2012-03-31$4.69B17.41%
2011-12-31$3.99B0.05%
2011-09-30$3.99B-2.35%
2011-06-30$4.08B12.50%
2011-03-31$3.63B28.26%
2010-12-31$2.83B-12.14%
2010-09-30$3.22B-2.89%
2010-06-30$3.32B-7.88%
2010-03-31$3.60B86.57%
2009-12-31$1.93B-37.32%
2009-09-30$3.08B7.28%
2009-06-30$2.87B4.93%
2009-03-31$2.74B-

Cenovus Energy generated $13.40B in revenue during Q1 2024, up 2.00% compared to the previous quarter, and up 89.68% compared to the same period a year ago.

Cenovus Energy Revenue Breakdown


Cenovus Energy Revenue Breakdown by Product

Annual Revenue by Product

Product/ServiceDec 20Dec 19Dec 18
Upstream$58.00M$65.00M$69.00M

Cenovus Energy's latest annual revenue breakdown by segment (product or service), as of Dec 20: Upstream (100.00%).

Quarterly Revenue by Product

Product/ServiceDec 20Sep 20Jun 19Jun 18
Upstream$17.00M$12.00M$18.00M$20.00M

Cenovus Energy's latest quarterly revenue breakdown by segment (product or service), as of Dec 20: Upstream (100.00%).

Cenovus Energy Revenue Breakdown by Country

Annual Revenue by Country

CountryDec 20Dec 19Dec 18
Upstream$58.00M--
UNITED STATES$4.83B$8.38B-
CANADA$8.40B$11.80B-
United States--$9.15B
Canada--$11.70B

Cenovus Energy's latest annual revenue breakdown by geography, as of Dec 20: CANADA (63.22%), UNITED STATES (36.34%), and Upstream (0.44%).

Quarterly Revenue by Country

CountryDec 20Sep 20Jun 19Jun 18
UNITED STATES$1.12B$1.24B$2.30B$2.35B
CANADA$2.31B$2.42B$3.31B$3.48B
Upstream$17.00M---

Cenovus Energy's latest quarterly revenue breakdown by geography, as of Dec 20: CANADA (67.09%), UNITED STATES (32.41%), and Upstream (0.49%).

Cenovus Energy Peer Comparison by Revenue


TickerCompanyLast Year RevenueLast Quarter Revenue
ECEcopetrol$143.08T$31.30T
XOMExxon Mobil$334.70B$90.76B
SHELShell$301.01B$70.83B
TTETotalEnergies SE$218.94B$51.88B
BPBP p.l.c.$210.13B$48.88B
CVXChevron$200.95B$54.17B
EQNREquinor ASA$106.85B$25.09B
PBRPetróleo Brasileiro S.A. - Petrobras$102.50B$23.77B
EEni S.p.A.$93.72B$22.94B
CVECenovus Energy$52.20B$13.40B
SUSuncor Energy$49.09B$13.30B
YPFYPF Sociedad Anónima$17.00B$4.31B

CVE Revenue FAQ


What is Cenovus Energy’s yearly revenue?

Cenovus Energy's yearly revenue for 2023 was $52.2B, representing a decrease of -27.26% compared to 2022. The company's yearly revenue for 2022 was $71.76B, representing an increase of 47.03% compared to 2021. CVE's yearly revenue for 2021 was $48.81B, representing an increase of 259.14% compared to 2020.

What is Cenovus Energy’s quarterly revenue?

Cenovus Energy's quarterly revenue for Q1 2024 was $13.4B, a 2.00% increase from the previous quarter (Q4 2023), and a 4.19% increase year-over-year (Q1 2023). The company's quarterly revenue for Q4 2023 was $13.13B, a -16.41% decrease from the previous quarter (Q3 2023), and a -12.08% decrease year-over-year (Q4 2022). CVE's quarterly revenue for Q3 2023 was $15.71B, a 22.10% increase from the previous quarter (Q2 2023), and a -15.97% decrease year-over-year (Q3 2022).

What is Cenovus Energy’s revenue growth rate?

Cenovus Energy's revenue growth rate for the last 3 years (2021-2023) was 6.95%, and for the last 5 years (2019-2023) was 144.48%.

What are Cenovus Energy’s revenue streams?

Cenovus Energy's revenue streams in c 20 are Upstream

What is Cenovus Energy’s main source of revenue?

For the fiscal year ending Dec 20, the largest source of revenue of Cenovus Energy was Upstream. This segment made a revenue of $58M, representing 100.00% of the company's total revenue.