CVE (Cenovus Energy) Deferred Tax: $164 Mil (TTM As of Jun. 2026)

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CVE Cenovus Energy Inc CVE
54 GF Score
Price $32.93
GF Value $18.51
Valuation Significantly Overvalued
! 6 Warning Signs
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What is Cenovus Energy Deferred Tax?

Cenovus Energy CVE +1.39% 54 Deferred Tax is $164 Mil as of Jun. 2026. GuruFocus rates CVE with a GF Score™ of 54/100 and a GF Value™ of $18.51 (Significantly Overvalued). The stock has 6 warning signs investors should review.

Change In Deferred Tax represents future tax liability or asset, resulting from temporary differences between book (accounting) value of assets and liabilities, and their tax value. This arises due to differences between financial accounting for shareholders and tax accounting.

Cenovus Energy's change in deferred tax for the three months ended in Jun. 2026 was $214 Mil. Its change in deferred tax for the trailing twelve months (TTM) ended in Jun. 2026 was $164 Mil.

Cenovus Energy Deferred Tax Related Terms

Cenovus Energy Deferred Tax Historical Data

* Premium members only.

The historical data trend for Cenovus Energy's Deferred Tax 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.

Cenovus Energy Deferred Tax Chart

Cenovus Energy Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Deferred Tax
Get a 7-Day Free Trial Premium Member Only Premium Member Only 353.13 472.58 -186.35 -332.70 -167.45

Cenovus Energy Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Deferred Tax Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -92.92 -236.37 209.50 -24.05 214.48
CVE
54GF Score
Cenovus Energy Inc CVE
Deferred Tax is just one metric. See GF Score™, valuation, warning signs, and more.
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Cenovus Energy Deferred Tax Calculation

Change In Deferred Tax represents future tax liability or asset, resulting from temporary differences between book (accounting) value of assets and liabilities, and their tax value. This arises due to differences between financial accounting for shareholders and tax accounting.

Deferred Tax for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $164 Mil.


* 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.

Frequently Asked Questions Learn more about Deferred Tax →
What does a Deferred Tax of $164 Mil mean?
Cenovus Energy (CVE) has a Deferred Tax of $164 Mil as of Jun. 2026. Change in Defered Tax is amount of deferred tax assets or liabilities due to temporary differences in financial and tax accounting. View historical data for Cenovus Energy.
Is Cenovus Energy's Deferred Tax too high?
Cenovus Energy's current Deferred Tax is $164 Mil. Overall, Cenovus Energy has a GF Score™ of 54/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Cenovus Energy's Deferred Tax compare to XOM and CVX?
Cenovus Energy's Deferred Tax of $164 Mil can be compared against companies in the Oil & Gas industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Deferred Tax for an Oil & Gas company?
A good Deferred Tax depends on the Oil & Gas industry context. However, Deferred Tax should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Deferred Tax mean?
A high Deferred Tax can signal that a stock is expensive relative to its fundamentals. Change in Defered Tax is amount of deferred tax assets or liabilities due to temporary differences in financial and tax accounting. View historical data for Cenovus Energy. Cenovus Energy's current Deferred Tax is $164 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cenovus Energy stock overvalued right now?
Based on GuruFocus' analysis, Cenovus Energy (CVE) is currently considered Significantly Overvalued. The stock's GF Value™ is $18.51, compared to a current price of $32.93 — trading 77.9% above its estimated fair value. The current Deferred Tax is $164 Mil. Cenovus Energy's overall GF Score™ is 54/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Deferred Tax calculated?
Deferred Tax is calculated from a company's financial statements. For Cenovus Energy (CVE), the current Deferred Tax is $164 Mil as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Cenovus Energy (CVE) Overvalued in 2026?

Based on GuruFocus' analysis, Cenovus Energy stock appears to be overvalued. The current stock price of $32.93 is trading 77.9% above its estimated GF Value™ of $18.51. GuruFocus considers Cenovus Energy to be Significantly Overvalued.

Key valuation signals for CVE:

  • Deferred Tax: $164 Mil
  • GF Value™: $18.51 vs. price of $32.93 (77.9% above fair value)
  • GF Score™: 54/100 with 6 warning signs

No single metric tells the full story. See the CVE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Cenovus Energy Business Description

Industry EnergyOil & Gas
Other Exchanges CXD:GermanyCVE:Canada
Address 225 - 6 Avenue SW, Suite 4100, Calgary, AB, CAN, T2P 1N2
Cenovus Energy Inc is a Canadian integrated energy group. The group's upstream operations include oil sands projects in northern Alberta; thermal and conventional crude oil, natural gas, and natural gas liquids (NGLs) projects across Western Canada; crude oil production offshore Newfoundland and Labrador; and natural gas and NGLs production offshore China and Indonesia. Its downstream operations include upgrading and refining operations in Canada and the U.S., and commercial fuel operations across Canada. The group's reportable segments are: Oil Sands, Conventional, Offshore, Canadian Refining, U.S Refining, and Corporate and Eliminations. Maximum revenue is generated from its Oil Sands segment. Geographically, the group derives maximum revenue from the U.S., followed by Canada and China.
54GF Score

Get the complete analysis for CVE

Deferred Tax is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$32.93
Price
$18.51
GF Value