Cenovus Energy Inc (CVE) — Cash Flow Reinvestment Rate
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. See cash generation quality of Cenovus Energy Inc to measure how efficiently the company converts operating cash flow to free cash.
Reinvestment Rate
Total Reinvested
Operating Cash Flow
Capital Expenditures
Cenovus Energy Inc Cash Flow Reinvestment Rate (2008–2025)
Historical reinvestment intensity for Cenovus Energy Inc across 18 annual periods. For the full cash flow conversion analysis, see CVE cash flow metrics.
Annual Cash Flow Reinvestment Rate for Cenovus Energy Inc (2008–2025)
Year-by-year capital reinvestment analysis for Cenovus Energy Inc. See Cenovus Energy Inc financial flexibility index to measure the company's free cash flow as a share of total liabilities.
| 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 | — |