Cenovus Energy (CVE) Revenue & Revenue Breakdown
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
| Date | Revenue | Change |
|---|---|---|
| 2023-12-31 | $52.20B | -27.26% |
| 2022-12-31 | $71.77B | 47.03% |
| 2021-12-31 | $48.81B | 259.14% |
| 2020-12-31 | $13.59B | -36.35% |
| 2019-12-31 | $21.35B | -0.17% |
| 2018-12-31 | $21.39B | 23.54% |
| 2017-12-31 | $17.31B | 40.97% |
| 2016-12-31 | $12.28B | -7.00% |
| 2015-12-31 | $13.21B | -34.32% |
| 2014-12-31 | $20.11B | 5.87% |
| 2013-12-31 | $18.99B | 10.24% |
| 2012-12-31 | $17.23B | 9.77% |
| 2011-12-31 | $15.70B | 20.99% |
| 2010-12-31 | $12.97B | 22.18% |
| 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
| Date | Revenue | Change |
|---|---|---|
| 2024-03-31 | $13.40B | 2.00% |
| 2023-12-31 | $13.13B | -16.41% |
| 2023-09-30 | $15.71B | 22.10% |
| 2023-06-30 | $12.87B | 0.08% |
| 2023-03-31 | $12.86B | -13.92% |
| 2022-12-31 | $14.94B | -20.10% |
| 2022-09-30 | $18.70B | -9.88% |
| 2022-06-30 | $20.75B | 19.35% |
| 2022-03-31 | $17.38B | 19.54% |
| 2021-12-31 | $14.54B | 8.26% |
| 2021-09-30 | $13.43B | 20.89% |
| 2021-06-30 | $11.11B | 16.66% |
| 2021-03-31 | $9.52B | 166.83% |
| 2020-12-31 | $3.57B | -6.37% |
| 2020-09-30 | $3.81B | 73.67% |
| 2020-06-30 | $2.19B | -45.33% |
| 2020-03-31 | $4.01B | -22.24% |
| 2019-12-31 | $5.16B | 1.87% |
| 2019-09-30 | $5.07B | -14.49% |
| 2019-06-30 | $5.93B | 14.09% |
| 2019-03-31 | $5.20B | 15.04% |
| 2018-12-31 | $4.52B | -26.49% |
| 2018-09-30 | $6.14B | 1.92% |
| 2018-06-30 | $6.03B | 28.15% |
| 2018-03-31 | $4.70B | -9.77% |
| 2017-12-31 | $5.21B | 17.04% |
| 2017-09-30 | $4.45B | 9.12% |
| 2017-06-30 | $4.08B | 3.53% |
| 2017-03-31 | $3.94B | 6.68% |
| 2016-12-31 | $3.69B | 12.69% |
| 2016-09-30 | $3.28B | 7.76% |
| 2016-06-30 | $3.04B | 34.35% |
| 2016-03-31 | $2.27B | -23.35% |
| 2015-12-31 | $2.96B | -10.67% |
| 2015-09-30 | $3.31B | -12.46% |
| 2015-06-30 | $3.78B | 19.40% |
| 2015-03-31 | $3.17B | -27.04% |
| 2014-12-31 | $4.34B | -14.84% |
| 2014-09-30 | $5.09B | -8.38% |
| 2014-06-30 | $5.56B | 8.70% |
| 2014-03-31 | $5.12B | 5.97% |
| 2013-12-31 | $4.83B | -7.08% |
| 2013-09-30 | $5.20B | 13.08% |
| 2013-06-30 | $4.59B | 4.96% |
| 2013-03-31 | $4.38B | 15.12% |
| 2012-12-31 | $3.80B | -14.79% |
| 2012-09-30 | $4.46B | 4.28% |
| 2012-06-30 | $4.28B | -8.69% |
| 2012-03-31 | $4.69B | 17.41% |
| 2011-12-31 | $3.99B | 0.05% |
| 2011-09-30 | $3.99B | -2.35% |
| 2011-06-30 | $4.08B | 12.50% |
| 2011-03-31 | $3.63B | 28.26% |
| 2010-12-31 | $2.83B | -12.14% |
| 2010-09-30 | $3.22B | -2.89% |
| 2010-06-30 | $3.32B | -7.88% |
| 2010-03-31 | $3.60B | 86.57% |
| 2009-12-31 | $1.93B | -37.32% |
| 2009-09-30 | $3.08B | 7.28% |
| 2009-06-30 | $2.87B | 4.93% |
| 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/Service | Dec 20 | Dec 19 | Dec 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/Service | Dec 20 | Sep 20 | Jun 19 | Jun 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
| Country | Dec 20 | Dec 19 | Dec 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
| Country | Dec 20 | Sep 20 | Jun 19 | Jun 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
| Ticker | Company | Last Year Revenue | Last Quarter Revenue |
|---|---|---|---|
| EC | Ecopetrol | $143.08T | $31.30T |
| XOM | Exxon Mobil | $334.70B | $89.99B |
| SHEL | Shell | $301.01B | $70.83B |
| TTE | TotalEnergies SE | $218.94B | $51.88B |
| BP | BP p.l.c. | $210.13B | $48.88B |
| CVX | Chevron | $200.95B | $49.57B |
| EQNR | Equinor ASA | $106.85B | $25.09B |
| PBR | Petróleo Brasileiro S.A. - Petrobras | $102.50B | $23.77B |
| E | Eni S.p.A. | $93.72B | $22.94B |
| CVE | Cenovus Energy | $52.20B | $13.40B |
| SU | Suncor Energy | $49.09B | $13.30B |
| YPF | YPF 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.