Cenovus Energy (TSX:CVE) Interest Expense: C$-706 Mil (TTM As of Mar. 2026)


TSX:CVE Cenovus Energy Inc TSX:CVE
66 GF Score
Price C$35.17
GF Value C$22.41
Valuation Significantly Overvalued
! 3 Warning Signs
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What is Cenovus Energy Interest Expense?

Cenovus Energy TSX:CVE +0.60% 66 Interest Expense is C$-706 Mil as of Mar. 2026. GuruFocus rates TSX:CVE with a GF Score™ of 66/100 and a GF Value™ of C$22.41 (Significantly Overvalued). The stock has 3 warning signs investors should review.

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Cenovus Energy's interest expense for the three months ended in Mar. 2026 was C$ -208 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2026 was C$-706 Mil.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income(EBIT) by its Interest Expense. Cenovus Energy's Operating Income for the three months ended in Mar. 2026 was C$ 2,359 Mil. Cenovus Energy's Interest Expense for the three months ended in Mar. 2026 was C$ -208 Mil. Cenovus Energy's Interest Coverage for the quarter that ended in Mar. 2026 was 11.34. The higher the ratio, the stronger the company's financial strength is. Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Cenovus Energy  (TSX:CVE) Interest Expense Explanation

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense. The higher, the better.

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Cenovus Energy's Interest Expense for the three months ended in Mar. 2026 was C$-208 Mil. Its Operating Income for the three months ended in Mar. 2026 was C$2,359 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2026 was C$13,378 Mil.

Cenovus Energy's Interest Coverage for the quarter that ended in Mar. 2026 is calculated as

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*2359/-208
=11.34

* 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.

The higher the ratio, the stronger the company's financial strength is.

Cenovus Energy Interest Expense Historical Data

* Premium members only.

The historical data trend for Cenovus Energy's Interest Expense 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 Interest Expense Chart

Cenovus Energy Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -1,048.00 -812.00 -723.00 -649.00 -661.00

Cenovus Energy Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Interest Expense 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 -163.00 -154.00 -158.00 -186.00 -208.00
TSX:CVE
66GF Score
Cenovus Energy Inc TSX:CVE
Interest Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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Cenovus Energy Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

Interest Expense 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$-706 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 Interest Expense →
What does a Interest Expense of C$-706 Mil mean?
Cenovus Energy (TSX:CVE) has a Interest Expense of C$-706 Mil as of Mar. 2026. Interest Expense is the amount a company pays on its long-term debt. View historical data on Cenovus Energy and its competitors.
Is Cenovus Energy's Interest Expense too high?
Cenovus Energy's current Interest Expense is C$-706 Mil. Overall, Cenovus Energy has a GF Score™ of 66/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Cenovus Energy's Interest Expense compare to XOM and CVX?
Cenovus Energy's Interest Expense of C$-706 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 Interest Expense for an Oil & Gas company?
A good Interest Expense depends on the Oil & Gas industry context. However, Interest Expense 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 Interest Expense mean?
A high Interest Expense can signal that a stock is expensive relative to its fundamentals. Interest Expense is the amount a company pays on its long-term debt. View historical data on Cenovus Energy and its competitors. Cenovus Energy's current Interest Expense is C$-706 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$22.41, compared to a current price of C$35.17 — trading 56.9% above its estimated fair value. The current Interest Expense is C$-706 Mil. Cenovus Energy's overall GF Score™ is 66/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Interest Expense calculated?
Interest Expense is calculated from a company's financial statements. For Cenovus Energy (TSX:CVE), the current Interest Expense is C$-706 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$35.17 is trading 56.9% above its estimated GF Value™ of C$22.41. GuruFocus considers Cenovus Energy to be Significantly Overvalued.

Key valuation signals for TSX:CVE:

  • Interest Expense: C$-706 Mil
  • GF Value™: C$22.41 vs. price of C$35.17 (56.9% above fair value)
  • GF Score™: 66/100 with 3 warning signs

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 Business Description

Industry EnergyOil & Gas
Other Exchanges CVE:USACXD:Germany
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.
66GF Score

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

C$35.17
Price
C$22.41
GF Value