
Cenovus Energy Inc
TSX:CVE

Cenovus Energy Inc
Change in Working Capital
Cenovus Energy Inc
Change in Working Capital Peer Comparison
Competitors Analysis
Latest Figures & CAGR of Competitors
Company | Change in Working Capital | CAGR 3Y | CAGR 5Y | CAGR 10Y | ||
---|---|---|---|---|---|---|
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Cenovus Energy Inc
TSX:CVE
|
Change in Working Capital
CA$657m
|
CAGR 3-Years
N/A
|
CAGR 5-Years
8%
|
CAGR 10-Years
9%
|
|
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Suncor Energy Inc
TSX:SU
|
Change in Working Capital
CA$1.6B
|
CAGR 3-Years
86%
|
CAGR 5-Years
9%
|
CAGR 10-Years
14%
|
|
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Pieridae Energy Ltd
TSX:PEA
|
Change in Working Capital
-CA$5.4m
|
CAGR 3-Years
N/A
|
CAGR 5-Years
32%
|
CAGR 10-Years
-22%
|
|
T
|
Topaz Energy Corp
TSX:TPZ
|
Change in Working Capital
-CA$3m
|
CAGR 3-Years
51%
|
CAGR 5-Years
25%
|
CAGR 10-Years
N/A
|
|
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Imperial Oil Ltd
TSX:IMO
|
Change in Working Capital
-CA$440m
|
CAGR 3-Years
N/A
|
CAGR 5-Years
N/A
|
CAGR 10-Years
10%
|
Cenovus Energy Inc
Glance View
In the bustling world of energy, Cenovus Energy Inc. has carved out a prominent position as a significant player in the oil and gas industry. Born from the 2009 split of Encana Corporation, Cenovus set out with a clear vision, capitalizing on Canada's abundant oil sands. This Calgary-based company is renowned for its strategic focus on the development and production of oil, natural gas, and natural gas liquids, primarily from the rich reserves of Alberta's oil sands. These vast deposits have shaped the company's identity, with its operations at Foster Creek and Christina Lake among the standout projects that exemplify its commitment to responsible production methods. Notably, Cenovus employs steam-assisted gravity drainage (SAGD) technology, an innovative approach designed to extract oil efficiently while minimizing environmental impact. Cenovus's business model revolves around an integrated strategy that combines oil production with refining and marketing, thus allowing for a more stable and resilient financial performance. The company has expanded its value chain significantly through its merger with Husky Energy in 2021, which bolstered its downstream capabilities with an array of refining and upgrading facilities. These facilities, paired with an extensive network of pipelines and retail outlets, ensure that Cenovus captures value at multiple stages of the energy supply chain. As a result, Cenovus not only extracts resources but also refines them into various products, which are then marketed and sold, generating revenue across the board. This integrated model offers a buffer against market volatility, allowing Cenovus to navigate the complex dynamics of the global energy market with agility and foresight.
See Also
What is Cenovus Energy Inc's Change in Working Capital?
Change in Working Capital
657m
CAD
Based on the financial report for Mar 31, 2025, Cenovus Energy Inc's Change in Working Capital amounts to 657m CAD.
What is Cenovus Energy Inc's Change in Working Capital growth rate?
Change in Working Capital CAGR 10Y
9%
Over the last year, the Change in Working Capital growth was 520%.