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Cash from financing is the cash generated/spent from financial activities such as share issuance (buy back), debt issuance (repayment), and dividends paid to preferred and common stockholders.
For the
three
months ended in Mar. 2026,
Cenovus Energy paidC$356 Mil more to buy back shares than it received from issuing new shares.
It spentC$590 Mil paying down its debt.
It paidC$300 Mil more to buy back preferred shares than it received from issuing preferred shares.
It spentC$379 Mil paying cash dividends to shareholders.
It receivedC$290 Mil on other financial activities.
In all, Cenovus EnergyspentC$1,335 Mil on financial activities for the
three
months ended in Mar. 2026.
Cenovus Energy (TSX:CVE) Cash Flow from Financing Explanation
Cash from financing contains six items:
1. Issuance of Stock:
A company may raise cash from issuing new shares. Issuance of stock represents the cash inflow from offering common stock, which is the additional capital contribution to the entity during the period.
Cenovus Energy's issuance of stock for the
three
months ended in Mar. 2026 was C$0 Mil.
2. Repurchase of Stock:
A company may raise cash from issuing new shares. It can also use cash to buy back shares. Repurchase of stock represents the cash outflow to reacquire common stock during the period.
Cenovus Energy's repurchase of stock for the
three
months ended in Mar. 2026 was C$-356 Mil.
3. Net Issuance of Debt:
Net issuance of debt is the cash a company received or spent through debt related activities such as debt issuance or debt repayment. If a company pays down its debt during the period, this number will be negative. If a company issued more debt, it receives cash and this number is positive.
Cenovus Energy's net issuance of debt for the
three
months ended in Mar. 2026 was C$-590 Mil.
Cenovus Energy spentC$590 Mil paying down its debt.
4. Net Issuance of Preferred Stock:
A company may raise cash from issuing new preferred shares. It can also use cash to buy back preferred shares. If this number is positive, it means that the company has received more cash from issuing preferred shares than it has paid to buy back preferred shares. If this number is negative, it means that company has paid more cash to buy back preferred shares than it has received for issuing preferred shares.
Cenovus Energy's net issuance of preferred for the
three
months ended in Mar. 2026 was C$-300 Mil.
Cenovus Energy paidC$300 Mil more to buy back preferred shares than it received from issuing preferred shares.
5. Cash Flow for Dividends:
Cash flow for dividends refers to the payment of cash to shareholders as dividends when the company generates income.
Cenovus Energy's cash flow for dividends for the
three
months ended in Mar. 2026 was C$-379 Mil.
Cenovus Energy spentC$379 Mil paying cash dividends to shareholders.
6. Other Financing:
Money spent or earned by company from other financial activities.
Cenovus Energy's other financing for the
three
months ended in Mar. 2026 was C$290 Mil.
Cenovus Energy receivedC$290 Mil on other financial activities.
Cenovus Energy Cash Flow from Financing Related Terms
Cenovus Energy Cash Flow from Financing Historical Data
* Premium members only.
The historical data trend for Cenovus Energy's Cash Flow from Financing can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Cenovus Energy Cash Flow from Financing Calculation
This is the cash generated/spent from financial activities such as share issuance (buy back), debt issuance (repayment), and dividends paid to preferred and common stockholders. In the calculation of free cash flow, cash from financing is not calculated because it is not related to operating activities.
Cenovus Energy's Cash from Financing for the fiscal year that ended in Dec. 2025 is calculated as:
Cash Flow from Financing for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-1,790 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.
What does a Cash Flow from Financing of C$-1,790 Mil mean?
Cenovus Energy (TSX:CVE) has a Cash Flow from Financing of C$-1,790 Mil as of Mar. 2026. Cash Flow from Financing is the amount of cash earned or paid from financing operations. View historical data for Cenovus Energy and its competitors.
Is Cenovus Energy's Cash Flow from Financing too high?
Cenovus Energy's current Cash Flow from Financing is C$-1,790 Mil. Overall, Cenovus Energy has a GF Score™ of 65/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Cenovus Energy's Cash Flow from Financing compare to XOM and CVX?
Cenovus Energy's Cash Flow from Financing of C$-1,790 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 Cash Flow from Financing for an Oil & Gas company?
A good Cash Flow from Financing depends on the Oil & Gas industry context. However, Cash Flow from Financing 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 Cash Flow from Financing mean?
A high Cash Flow from Financing can signal that a stock is expensive relative to its fundamentals. Cash Flow from Financing is the amount of cash earned or paid from financing operations. View historical data for Cenovus Energy and its competitors. Cenovus Energy's current Cash Flow from Financing is C$-1,790 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 (TSX:CVE) is currently considered Significantly Overvalued. The stock's GF Value™ is C$22.15, compared to a current price of C$39.12 — trading 76.6% above its estimated fair value. The current Cash Flow from Financing is C$-1,790 Mil. Cenovus Energy's overall GF Score™ is 65/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cash Flow from Financing calculated?
Cash Flow from Financing is calculated from a company's financial statements. For Cenovus Energy (TSX:CVE), the current Cash Flow from Financing is C$-1,790 Mil as of Mar. 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 (TSX:CVE) Overvalued in 2026?
Based on GuruFocus' analysis, Cenovus Energy stock appears to be overvalued.
The current stock price of C$39.12 is trading 76.6% above its estimated GF Value™ of C$22.15.
GuruFocus considers Cenovus Energy to be Significantly Overvalued.
Key valuation signals for TSX:CVE:
Cash Flow from Financing: C$-1,790 Mil
GF Value™: C$22.15 vs. price of C$39.12 (76.6% above fair value)
No single metric tells the full story. See the TSX:CVE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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.
65GF Score
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