Cenovus Energy Inc (CVE) — Cash Flow Reinvestment Rate

Latest as of March 2026: 0.53x

Cenovus Energy Inc (CVE) has a Cash Flow Reinvestment Rate of 0.53x as of March 2026, reinvesting CA$1.16 Billion (capex CA$1.15 Billion plus investments CA$12.00 Million) from operating cash flow of CA$2.18 Billion. Explore Cenovus Energy Inc (CVE) reinvestment ratio to see what proportion of operating cash flow is directed to capital expenditures.

Reinvestment Rate

0.53x
(Capex + Investments) / Operating CF

Total Reinvested

CA$1.16 Billion
Capex + Investments

Operating Cash Flow

CA$2.18 Billion
CAD

Capital Expenditures

CA$1.15 Billion
CAD

Cenovus Energy Inc Cash Flow Reinvestment Rate (2008–2025)

Historical reinvestment intensity for Cenovus Energy Inc across 18 annual periods. Also explore CVE total assets for the complete picture of this company's asset base.

Annual Cash Flow Reinvestment Rate for Cenovus Energy Inc (2008–2025)

Year-by-year capital reinvestment analysis for Cenovus Energy Inc. For live market cap and broader valuation context, see CVE company net worth.

Year Reinvestment Rate Total Reinvested (CAD) Operating CF Capex YoY Change
2025 0.59x CA$4.83 Billion CA$8.23 Billion CA$4.82 Billion ▼ -46.6%
2024 1.10x CA$10.14 Billion CA$9.23 Billion CA$5.01 Billion ▼ -14.4%
2023 1.28x CA$9.48 Billion CA$7.39 Billion CA$4.30 Billion ▲ +141.0%
2022 0.53x CA$6.07 Billion CA$11.40 Billion CA$3.76 Billion ▲ +22.2%
2021 0.44x CA$2.58 Billion CA$5.92 Billion CA$2.56 Billion ▼ -93.1%
2020 6.31x CA$1.72 Billion CA$273.00 Million CA$859.00 Million ▲ +692.4%
2019 0.80x CA$2.62 Billion CA$3.29 Billion CA$1.18 Billion ▲ +23.7%
2018 0.64x CA$1.39 Billion CA$2.15 Billion CA$1.38 Billion ▲ +17.2%
2017 0.55x CA$1.68 Billion CA$3.06 Billion CA$1.67 Billion ▼ -77.6%
2016 2.45x CA$2.11 Billion CA$861.00 Million CA$1.03 Billion ▲ +110.7%
2015 1.16x CA$1.72 Billion CA$1.47 Billion CA$1.71 Billion ▼ -11.5%
2014 1.32x CA$4.64 Billion CA$3.53 Billion CA$3.06 Billion ▼ -2.0%
2013 1.34x CA$4.75 Billion CA$3.54 Billion CA$3.27 Billion ▲ +33.2%
2012 1.01x CA$3.45 Billion CA$3.42 Billion CA$3.45 Billion ▲ +18.2%
2011 0.85x CA$2.79 Billion CA$3.27 Billion CA$2.79 Billion ▲ +0.2%
2010 0.85x CA$2.21 Billion CA$2.59 Billion CA$2.21 Billion ▲ +57.0%
2009 0.54x CA$1.98 Billion CA$3.66 Billion CA$1.98 Billion ▼ -28.8%
2008 0.76x CA$2.49 Billion CA$3.27 Billion CA$2.49 Billion
Cash Flow Reinvestment Rate = (ABS(Capex) + ABS(Investments)) / Operating Cash Flow