Cenovus Energy (TSX:CVE) Other Operating Expense: C$6,226 Mil (TTM As of Mar. 2026)

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TSX:CVE Cenovus Energy Inc TSX:CVE
65 GF Score
Price C$39.12
GF Value C$22.15
Valuation Significantly Overvalued
! 3 Warning Signs
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What is Cenovus Energy Other Operating Expense?

Cenovus Energy TSX:CVE +4.71% 65 Other Operating Expense is C$6,226 Mil as of Mar. 2026. GuruFocus rates TSX:CVE with a GF Score™ of 65/100 and a GF Value™ of C$22.15 (Significantly Overvalued). The stock has 3 warning signs investors should review.

Cenovus Energy's Other Operating Expense for the three months ended in Mar. 2026 was C$1,475 Mil. Its Other Operating Expense for the trailing twelve months (TTM) ended in Mar. 2026 was C$6,226 Mil.

Cenovus Energy's quarterly Other Operating Expense declined from Sep. 2025 (C$1,594 Mil) to Dec. 2025 (C$1,406 Mil) but then increased from Dec. 2025 (C$1,406 Mil) to Mar. 2026 (C$1,475 Mil).

Cenovus Energy's annual Other Operating Expense increased from Dec. 2023 (C$6,394 Mil) to Dec. 2024 (C$6,910 Mil) but then declined from Dec. 2024 (C$6,910 Mil) to Dec. 2025 (C$6,377 Mil).


Cenovus Energy Other Operating Expense Historical Data

* Premium members only.

The historical data trend for Cenovus Energy's Other Operating 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 Other Operating Expense Chart

Cenovus Energy Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Other Operating Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4,734.00 5,917.00 6,394.00 6,910.00 6,377.00

Cenovus Energy Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Other Operating 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 1,629.00 1,751.00 1,594.00 1,406.00 1,475.00
TSX:CVE
65GF Score
Cenovus Energy Inc TSX:CVE
Other Operating Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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Cenovus Energy Other Operating Expense Calculation

GuruFocus uses a standardized financial statement format for all companies. For non-financial companies, GuruFocus lists Selling, General, & Admin. Expense, , Research & Development, and Other Operating Expense under the "Total Operating Expense" section.

Other Operating Expense sometimes includes:
Restructuring, and merger
Acquisition related and other
Litigation settlement charge
Other (too numerous to list)

Some companies can and do choose to report each of these items separately. Yet, there are a variety of Other Operating Expense which are simply too numerous to list.

Other Operating 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$6,226 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 Other Operating Expense of C$6,226 Mil mean?
Cenovus Energy (TSX:CVE) has a Other Operating Expense of C$6,226 Mil as of Mar. 2026. Other operating expenses that a company records on its income statement. View historical data on Cenovus Energy and its competitors.
Is Cenovus Energy's Other Operating Expense too high?
Cenovus Energy's current Other Operating Expense is C$6,226 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 Other Operating Expense compare to XOM and CVX?
Cenovus Energy's Other Operating Expense of C$6,226 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 Other Operating Expense for an Oil & Gas company?
A good Other Operating Expense depends on the Oil & Gas industry context. However, Other Operating 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 Other Operating Expense mean?
A high Other Operating Expense can signal that a stock is expensive relative to its fundamentals. Other operating expenses that a company records on its income statement. View historical data on Cenovus Energy and its competitors. Cenovus Energy's current Other Operating Expense is C$6,226 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 Other Operating Expense is C$6,226 Mil. Cenovus Energy's overall GF Score™ is 65/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Other Operating Expense calculated?
Other Operating Expense is calculated from a company's financial statements. For Cenovus Energy (TSX:CVE), the current Other Operating Expense is C$6,226 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:

  • Other Operating Expense: C$6,226 Mil
  • GF Value™: C$22.15 vs. price of C$39.12 (76.6% above fair value)
  • GF Score™: 65/100 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.
65GF Score

Get the complete analysis for TSX:CVE

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

C$39.12
Price
C$22.15
GF Value