Cenovus Energy
Income Statement
Last updated:
Income statement is a financial statement that shows how profitable a business was over a given reporting period presenting its revenue, expenses or net income. Cenovus Energy's past years’ income statements indicate that its last revenue has decreased compared to the previous period by 27% to $52,204,000,000. Profit margin reached 8%. Total operating expenses were $12,704,000,000.
Profit Margin
| 2014 | 20.10B | 744M | 3.7% |
|---|---|---|---|
| 2015 | 13.20B | 618M | 4.68% |
| 2016 | 12.28B | -545M | -4.44% |
| 2017 | 17.31B | 3.36B | 19.44% |
| 2018 | 21.38B | -2.66B | -12.48% |
| 2019 | 21.35B | 2.19B | 10.27% |
| 2020 | 13.59B | -2.37B | -17.5% |
| 2021 | 48.81B | 587M | 1.2% |
| 2022 | 71.76B | 6.45B | 8.99% |
| 2023 | 52.20B | 4.10B | 7.87% |
CVE Income Statement (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||
Revenue | 52.20B | 71.76B | 48.81B | 13.59B | 21.35B | 21.38B | 17.31B | 12.28B | 13.20B | 20.10B |
Cost of revenue | 42.77B | 54.87B | 39.70B | 13.39B | 17.03B | 17.36B | 13.89B | 10.52B | 11.67B | 15.84B |
Gross profit | 9.43B | 16.88B | 9.10B | 200M | 4.32B | 4.02B | 3.42B | 1.75B | 1.53B | 4.26B |
Operating exp. | ||||||||||
Research and development | 0 | 0 | 0 | 0 | 20M | 25M | 36M | 36M | 27M | 15M |
Selling and marketing | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Total operating expenses | 12.70B | 6.53B | 5.58B | 2.31B | 2.52B | 5.35B | 3.18B | 2.05B | 2.35B | 2.57B |
Operating income | 5.41B | 10.97B | 3.87B | -2.16B | 1.85B | -1.32B | 242M | -302M | -824M | 1.69B |
Other income (expenses), net | -371M | -2.24B | -2.56B | -647M | -461M | -1.99B | 1.97B | -185M | 1.25B | -498M |
Income before tax | 5.04B | 8.73B | 1.31B | -3.23B | 1.39B | -3.92B | 2.21B | -927M | 537M | 1.19B |
Income tax expense | 931M | 2.28B | 728M | -851M | -797M | -1.01B | -52M | -382M | -81M | 451M |
Net income | 4.10B | 6.45B | 587M | -2.37B | 2.19B | -2.66B | 3.36B | -545M | 618M | 744M |
Earnings per share | ||||||||||
Basic EPS | 2.12 | 3.29 | 0.29 | -1.94 | 1.79 | -2.17 | 3.05 | -0.65 | 0.75 | 0.98 |
Diluted EPS | 2.12 | 3.2 | 0.29 | -1.94 | 1.78 | -2.17 | 3.05 | -0.65 | 0.75 | 0.98 |
| Data source | Data source | Data source | Data source | Data source | Data source |