Cenovus Non Recurring from 2010 to 2026
| CVE Stock | CAD 31.85 -0.15 -0.47% |
Non Recurring | First Reported 2010-12-31 | Previous Quarter 815.4 M | Current Value 856.1 M | Quarterly Volatility 238.8 M |
Macro event markers
Review Cenovus Energy financial statements over time to add context on performance and capital structure. It connects Depreciation And Amortization of 2.9 B, Interest Expense of 507.9 M or Selling General Administrative of 492.4 M and ratios such as Price To Sales Ratio of 1.19, Dividend Yield of 0.0183 or PTB Ratio of 1.76 with Cenovus Energy Valuation and Volatility context.
Cenovus | Non Recurring |
Evaluating Cenovus Energy's Non Recurring across multiple reporting periods reveals the company's ability to sustain growth and manage resources effectively. This longitudinal analysis highlights inflection points, cyclical patterns, and structural changes that short-term snapshots might miss, offering deeper insight into Cenovus Energy's fundamental strength.
Latest Cenovus Energy's Non Recurring Growth Pattern
Below is the plot of the Non Recurring of Cenovus Energy over the last few years. It is Cenovus Energy's Non Recurring historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Cenovus Energy's overall financial position and show how it may be relating to other accounts over time.
| Non Recurring | 10 Years Trend |
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Non Recurring |
| Timeline |
Cenovus Non Recurring Regression Statistics
| Arithmetic Mean | 582,792,206 | |
| Geometric Mean | 379,064,785 | |
| Coefficient Of Variation | 40.98 | |
| Mean Deviation | 178,299,464 | |
| Median | 709,000,000 | |
| Standard Deviation | 238,816,870 | |
| Sample Variance | 57033.5T | |
| Range | 855.1M | |
| R-Value | 0.60 | |
| Mean Square Error | 39224.8T | |
| R-Squared | 0.36 | |
| Significance | 0.01 | |
| Slope | 28,187,230 | |
| Total Sum of Squares | 912536T |
Cenovus Non Recurring History
Stock Overview, Methodology & Data Sources
Cenovus Energy Inc., together with its subsidiaries, develops, produces, and markets crude oil, natural gas liquids, and natural gas in Canada, the United States, and the Asia Pacific region. Cenovus Energy Inc. was founded in 2009 and is headquartered in Calgary, Canada. CENOVUS ENERGY operates under Oil Gas Integrated classification in Canada and is traded on Toronto Stock Exchange. It employs 5938 people. The profile for Cenovus Energy integrates fundamentals, price behavior, and sector exposure. Historical patterns suggest somewhat reduced sensitivity to broader economic swings. Cenovus Energy has a market cap of 60.07 B, P/E of 10.52, ROE of 12.8%.
Methodology
Unless otherwise specified, financial data for Cenovus Energy is derived from periodic company reporting (annual and quarterly where available). Asset-level metrics are computed daily by Macroaxis LLC and refreshed regularly based on asset type. Cenovus (CA:CVE) prices are typically delayed by approximately 20 minutes from primary exchanges for listed equities. Data may be delayed depending on reporting sources and market conventions. Assumptions: We use public filings and market reference sources with disclosures published by U.S. Securities and Exchange Commission (SEC) via EDGAR as reference inputs. Data may be normalized and can be delayed. All analytics are generated using standardized, rules-based models designed to promote consistency and comparability across instruments. Model assumptions, reference parameters, and selected computational inputs are available in the Model Inputs section. If you have questions about our data sources or methodology, please contact Macroaxis Support.
Analyst Sources
Cenovus Energy may have analyst coverage included in Macroaxis-derived consensus inputs when available. Updates may occur throughout the day.
This content is curated and reviewed by:
Raphi Shpitalnik - Junior Member of Macroaxis Editorial BoardPair Trading with Cenovus Energy
Pair trading with Cenovus Energy can help investors hedge some company-specific exposure by balancing a long view with an offsetting position. The key question is whether the second leg adds real hedge value instead of just creating a more complex version of the same risk.
Moving together with Cenovus Stock
| 0.85 | ENB-PFV | Enbridge Pref 5 | PairCorr |
| 0.78 | ENB-PFC | Enbridge Pref 11 | PairCorr |
| 0.84 | ENB-PFU | Enbridge Pref L | PairCorr |
| 0.91 | ENS | E Split Corp | PairCorr |
Moving against Cenovus Stock
Using correlated positions as Cenovus Energy substitutes during tax-loss harvesting allows investors to capture a tax benefit without disrupting portfolio allocation. The key is finding instruments that track Cenovus Energy closely enough to maintain equivalent risk and return.
The correlation of Cenovus Energy with other assets is a key diversification metric. Pairing Cenovus Energy with uncorrelated or negatively correlated instruments can reduce overall portfolio volatility without necessarily reducing expected returns.
Correlation analysis and pair trading evaluation for Cenovus Energy can be used to frame hedging context. The view can be extended across sectors or other related groups.More Resources for Cenovus Stock Analysis
A structured review of Cenovus Energy often starts with core financial statements and trend context. Ratios and trend metrics help frame Cenovus Energy's operating context. Key reports that frame Cenovus Energy Stock are listed below:Review Cenovus Energy Correlation against competitors for Cenovus Energy. This provides competitive positioning context. To learn how to invest in Cenovus Stock, please use our How to Invest in Cenovus Energy guide.Analysis related to Cenovus Energy should be read together with other portfolio and risk tools before capital is reallocated. That is especially important when the goal is to improve the overall mix of instruments already held. You can also try the Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.