Cenovus Energy Inc. (CVE)

Cenovus Energy Income Statement

Financials in millions CAD. Fiscal year is January - December.

Year Ending	TTM	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Revenue	53,339	52,204	66,897	46,357	13,543	20,542
Revenue Growth (YoY)	-15.28%	-21.96%	44.31%	242.29%	-34.07%	-1.44%
Cost of Revenue	41,274	41,208	50,900	36,080	12,364	16,061
Gross Profit	12,065	10,996	15,997	10,277	1,179	4,481
Selling, General & Admin	776	688	865	849	292	331
Research & Development	38	42	101	18	91	82
Other Operating Expenses	4,829	4,776	6,152	7,001	3,720	2,403
Operating Expenses	5,643	5,506	7,118	7,868	4,103	2,816
Operating Income	6,422	5,490	8,879	2,409	-2,924	1,665
Interest Expense / Income	612	671	820	1,082	536	511
Other Expense / Income	-191	-221	-672	12	-230	-243
Pretax Income	6,001	5,040	8,731	1,315	-3,230	1,397
Income Tax	1,352	931	2,281	728	-851	-797
Net Income	4,649	4,109	6,450	587	-2,379	2,194
Net Income Growth	-14.87%	-36.29%	998.81%	-	-	-
Shares Outstanding (Basic)	1,872	1,886	1,923	2,017	1,229	1,229
Shares Change	-1.95%	-1.93%	-4.70%	64.18%	0.00%	-
EPS (Basic)	2.44	2.15	3.29	0.27	-1.94	1.78
EPS (Diluted)	2.42	2.12	3.20	0.27	-1.94	1.78
EPS Growth	-10.70%	-33.75%	1085.19%	-	-	-
Free Cash Flow	5,366	3,090	7,695	3,356	-586	2,102
Free Cash Flow Per Share	2.87	1.64	4.00	1.66	-0.48	1.71
Dividend Per Share	0.451	0.388	0.353	0.070	0.062	0.213
Dividend Growth	12.19%	9.92%	404.29%	12.90%	-70.89%	39.22%
Gross Margin	22.62%	21.06%	23.91%	22.17%	8.71%	21.81%
Operating Margin	12.04%	10.52%	13.27%	5.20%	-21.59%	8.11%
Profit Margin	8.72%	7.87%	9.64%	1.27%	-17.57%	10.68%
Free Cash Flow Margin	10.06%	5.92%	11.50%	7.24%	-4.33%	10.23%
Effective Tax Rate	22.53%	18.47%	26.13%	55.36%	-	-57.05%
EBITDA	11,347	10,355	14,230	8,283	770	4,157
EBITDA Margin	21.27%	19.84%	21.27%	17.87%	5.69%	20.24%
Depreciation & Amortization	4,734	4,644	4,679	5,886	3,464	2,249
EBIT	6,613	5,711	9,551	2,397	-2,694	1,908
EBIT Margin	12.40%	10.94%	14.28%	5.17%	-19.89%	9.29%

Source: Financials are provided by Nasdaq Data Link and sourced from audited reports submitted to the Securities and Exchange Commission (SEC).