Cenovus Energy Inc

NYSE:CVE USA Oil & Gas Integrated
Market Cap
$44.26 Billion
Market Cap Rank
#581 Global
#462 in USA
Share Price
$23.55
Change (1 day)
+0.86%
52-Week Range
$10.58 - $23.70
All Time High
$23.70
About

Cenovus Energy Inc., together with its subsidiaries, develops, produces, refines, transports, and markets crude oil, natural gas, and refined petroleum products in Canada, the United States, and China. It operates through Upstream and Downstream segments. The company is involved in the development and production of bitumen and heavy oil; owns and operates pipeline gathering systems and terminals;… Read more

Cenovus Energy Inc (CVE) - Total Assets

Latest total assets as of December 2025: $63.37 Billion USD

Based on the latest financial reports, Cenovus Energy Inc (CVE) holds total assets worth $63.37 Billion USD as of December 2025.

Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.

Cenovus Energy Inc - Total Assets Trend (2008–2025)

This chart illustrates how Cenovus Energy Inc’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.

Cenovus Energy Inc - Asset Composition Analysis

Current Asset Composition (December 2025)

Cenovus Energy Inc's total assets of $63.37 Billion consist of 15.6% current assets and 84.4% non-current assets.

Asset Category Amount (USD) % of Total Assets
Cash & Equivalents $0.00 4.3%
Accounts Receivable $3.45 Billion 5.4%
Inventory $3.35 Billion 5.3%
Property, Plant & Equipment $47.99 Billion 75.7%
Intangible Assets $22.98 Million 0.0%
Goodwill $2.91 Billion 4.6%

Asset Composition Trend (2008–2025)

This chart illustrates how Cenovus Energy Inc's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution.

Key Asset Composition Facts

  • Current vs. Non-Current Assets: Cenovus Energy Inc's current assets represent 15.6% of total assets in 2025, an increase from 12.2% in 2008.
  • Cash Position: Cash and equivalents constituted 4.3% of total assets in 2025, up from 0.8% in 2008.
  • Tangible vs. Intangible: Intangible assets (including goodwill) make up 4.0% of total assets, a decrease from 9.0% in 2008.
  • Asset Diversification: The largest asset category is property, plant & equipment at 75.7% of total assets.

Cenovus Energy Inc Competitors by Total Assets

Key competitors of Cenovus Energy Inc based on total assets are shown below.

Company Country Total Assets
Pioneer Oil & Gas
PINK:POGS
USA $513.62K
Sichuan Shengda Forestry Industry Co Ltd
SHE:002259
China CN¥930.69 Million
Galp Energia Nom
IL:0B67
UK €16.23 Billion
Guanghui Energy Co Ltd
SHG:600256
China CN¥52.69 Billion
Zhongman Petro & Natural Gas
SHG:603619
China CN¥12.68 Billion
Uzma Bhd
KLSE:7250
Malaysia RM1.90 Billion
Quadrise Fuels International plc
STU:8QF
Germany €5.17 Million
Bedford Energy Inc
PINK:BFDE
USA $704.63K

Cenovus Energy Inc - Asset Efficiency Metrics

Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.

Asset Turnover Ratio

Measures how efficiently a company uses its assets to generate sales

Historical Range: 0.42 - 1.28

Strong asset utilization - Cenovus Energy Inc generates 0.78x its asset value in annual revenue.

Return on Assets (ROA)

Measures how efficiently a company uses its assets to generate profits

Historical Range: -7.59% - 11.54%

Solid ROA - For every $100 in assets, Cenovus Energy Inc generates $6.20 in net profit.

Cenovus Energy Inc - Liquidity and Working Capital Analysis

Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.

Key Liquidity Metrics

Metric Current 1 Year Ago 5 Years Ago
Current Ratio 1.57 1.42 1.36
Quick Ratio 1.04 0.81 0.82
Cash Ratio 0.43 0.42 0.00
Working Capital $3.57 Billion $ 3.07 Billion $ 1.90 Billion

Cenovus Energy Inc - Advanced Valuation Insights

This section examines the relationship between Cenovus Energy Inc's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.

Key Valuation Metrics

Current Price-to-Book Ratio 1.91
Latest Market Cap to Assets Ratio 0.58
Asset Growth Rate (YoY) 12.1%
Total Assets $63.37 Billion
Market Capitalization $36.85 Billion USD

Valuation Analysis

Below Book Valuation: The market values Cenovus Energy Inc's assets below their book value (0.58 x), which may indicate investor concerns about asset quality or future growth.

Rapid Asset Growth: Cenovus Energy Inc's assets grew by 12.1% over the past year, indicating significant expansion of the company's resource base.

Annual Total Assets for Cenovus Energy Inc (2008–2025)

The table below shows the annual total assets of Cenovus Energy Inc from 2008 to 2025.

Year Total Assets Change
2025-12-31 $63.37 Billion +12.09%
2024-12-31 $56.54 Billion +4.87%
2023-12-31 $53.91 Billion -3.50%
2022-12-31 $55.87 Billion +3.26%
2021-12-31 $54.10 Billion +65.10%
2020-12-31 $32.77 Billion -8.24%
2019-12-31 $35.71 Billion +1.53%
2018-12-31 $35.17 Billion -14.07%
2017-12-31 $40.93 Billion +62.06%
2016-12-31 $25.26 Billion -2.07%
2015-12-31 $25.79 Billion +4.44%
2014-12-31 $24.70 Billion -2.10%
2013-12-31 $25.22 Billion +4.16%
2012-12-31 $24.22 Billion +9.11%
2011-12-31 $22.19 Billion +0.45%
2010-12-31 $22.09 Billion +2.67%
2009-12-31 $21.52 Billion -4.24%
2008-12-31 $22.47 Billion --