Cenovus Energy (Cenovus Energy) Pre-Tax Income : $3,740 Mil (TTM As of Dec. 2023)

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What is Cenovus Energy Pre-Tax Income?

Pretax income is the income that a company earns before paying income taxes. Cenovus Energy's pretax income for the three months ended in Dec. 2023 was $726 Mil. Its pretax income for the trailing twelve months (TTM) ended in Dec. 2023 was $3,740 Mil. Cenovus Energy's pretax margin was 6.94%.

During the past 13 years, Cenovus Energy's highest Pretax Margin was 12.80%. The lowest was -23.21%. And the median was 6.19%.

Cenovus Energy Pre-Tax Income Historical Data

The historical data trend for Cenovus Energy's Pre-Tax Income can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Cenovus Energy Pre-Tax Income Chart

Cenovus Energy Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Pre-Tax Income

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1,060.83

-2,521.66

1,027.34

6,426.94

3,756.71

Cenovus Energy Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Pre-Tax Income	Get a 7-Day Free Trial															763.34	433.38	788.80	1,792.18	726.00

Competitive Comparison of Cenovus Energy's Pre-Tax Income

For the Oil & Gas Integrated subindustry, Cenovus Energy's Pre-Tax Income, along with its competitors' market caps and Pre-Tax Income data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Cenovus Energy's Pre-Tax Income Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Cenovus Energy's Pre-Tax Income distribution charts can be found below:

* The bar in red indicates where Cenovus Energy's Pre-Tax Income falls into.

Cenovus Energy Pre-Tax Income Calculation

This is the income that a company earns before paying income taxes.

Cenovus Energy's Pretax Income for the fiscal year that ended in Dec. 2023 is calculated as

Pretax Income	=	Operating Income	+	Non Operating Income	+	Interest Expense	+	Interest Income	+	Other
	=	4190.519	+	-32.797	+	-538.909	+	161.747	+	-23.852
	=	3,757

Cenovus Energy's Pretax Income for the quarter that ended in Dec. 2023 is calculated as

Pretax Income	=	Operating Income	+	Non Operating Income	+	Interest Expense	+	Interest Income	+	Other
	=	728.98	+	105.098	+	-122.242	+	24.597	+	-10.434
	=	726

Pre-Tax Income for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $3,740 Mil.

Cenovus Energy (NYSE:CVE) Pre-Tax Income Explanation

Cenovus Energy's Pretax Margin for the quarter that ended in Dec. 2023 is calculated as

Pretax Margin	=	Pretax Income	/	Revenue
	=	725.999	/	10462.135
	=	6.94%

During the past 13 years, Cenovus Energy's highest Pretax Margin was 12.80%. The lowest was -23.21%. And the median was 6.19%.

Cenovus Energy Pre-Tax Income Related Terms

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Cenovus Energy (Cenovus Energy) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Cenovus Energy Inc (NYSE:CVE) » Definitions » Pre-Tax Income

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Traded in Other Exchanges

CXD:Germany CXD:Germany CVE.PR.B.PFD:Canada CVE.PR.A.PFD:Canada CVE.PR.C.PFD:Canada CVE.PR.G.PFD:Canada CVE.PR.E.PFD:Canada CVE:Canada

Address

225 - 6 Avenue SW, Suite 4100, Calgary, AB, CAN, T2P 1N2

Website

https://www.cenovus.com

Cenovus Energy is an integrated oil company, focused on creating value through the development of its oil sands assets. The company also engages in production of conventional crude oil, natural gas liquids, and natural gas in Alberta, Canada, with refining operations in the U.S. Net upstream production averaged 786 thousand barrels of oil equivalent per day in 2022. The company had upstream projects across Western Canada; crude oil production and natural gas and NGLs production offshore China and Indonesia. The downstream operations include upgrading and refining operations in Canada and the U.S., and commercial fuel operations across Canada.