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. Check Cenovus Energy Inc (CVE) cash earnings ratio to evaluate the quality of earnings relative to operating cash generation.
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. Explore Cenovus Energy Inc (CVE) investment intensity to see how much of total assets are deployed in long-term investments.
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 market value of Cenovus Energy Inc.
| 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 | — |