Cenovus Energy Inc (CVE) — Free Cash Flow Generation Index

Latest as of March 2026: 0.47x

Cenovus Energy Inc (CVE) has a Free Cash Flow Generation Index of 0.47x as of March 2026. Free cash flow of CA$1.03 Billion represents 0% of operating cash flow (CA$2.18 Billion). Read total liabilities of Cenovus Energy Inc for a breakdown of total debt and financial obligations.

FCF Generation Index

0.47x
Free Cash Flow / Operating CF

Free Cash Flow

CA$1.03 Billion
CAD

Operating Cash Flow

CA$2.18 Billion
CAD

Capital Expenditures

CA$1.15 Billion
CAD

Cenovus Energy Inc Free Cash Flow Generation Index (2008–2025)

Historical FCF Generation Index trend for Cenovus Energy Inc across 18 annual periods. Explore how much does Cenovus Energy Inc reinvest in capital to see what proportion of operating cash flow is directed to capital expenditures.

Annual Free Cash Flow Generation for Cenovus Energy Inc (2008–2025)

Year-by-year Free Cash Flow Generation Index for Cenovus Energy Inc. For the full company profile including market capitalisation, see CVE stock market capitalisation.

Year FCG Index Free Cash Flow (CAD) Operating CF Capital Expenditures YoY Change
2025 0.41x CA$3.41 Billion CA$8.23 Billion CA$4.82 Billion ▼ -9.4%
2024 0.46x CA$4.22 Billion CA$9.23 Billion CA$5.01 Billion ▲ +9.3%
2023 0.42x CA$3.09 Billion CA$7.39 Billion CA$4.30 Billion ▼ -37.6%
2022 0.67x CA$7.64 Billion CA$11.40 Billion CA$3.76 Billion ▲ +18.2%
2021 0.57x CA$3.36 Billion CA$5.92 Billion CA$2.56 Billion ▲ +126.4%
2020 -2.15x CA$-586.00 Million CA$273.00 Million CA$859.00 Million ▼ -435.5%
2019 0.64x CA$2.10 Billion CA$3.29 Billion CA$1.18 Billion ▲ +77.4%
2018 0.36x CA$777.00 Million CA$2.15 Billion CA$1.38 Billion ▼ -20.6%
2017 0.45x CA$1.39 Billion CA$3.06 Billion CA$1.67 Billion ▲ +326.0%
2016 -0.20x CA$-173.00 Million CA$861.00 Million CA$1.03 Billion ▼ -23.4%
2015 -0.16x CA$-240.00 Million CA$1.47 Billion CA$1.71 Billion ▼ -222.7%
2014 0.13x CA$468.00 Million CA$3.53 Billion CA$3.06 Billion ▲ +74.0%
2013 0.08x CA$270.00 Million CA$3.54 Billion CA$3.27 Billion ▲ +999.7%
2012 -0.01x CA$-29.00 Million CA$3.42 Billion CA$3.45 Billion ▼ -105.8%
2011 0.15x CA$481.00 Million CA$3.27 Billion CA$2.79 Billion ▼ -1.2%
2010 0.15x CA$386.00 Million CA$2.59 Billion CA$2.21 Billion ▼ -67.5%
2009 0.46x CA$1.68 Billion CA$3.66 Billion CA$1.98 Billion ▲ +92.0%
2008 0.24x CA$780.10 Million CA$3.27 Billion CA$2.49 Billion
FCG Index = Free Cash Flow / Operating Cash Flow. FCF = Operating CF + Capital Expenditures (capex stored negative).