Cenovus Energy (TSX:CVE) 3-Year Revenue Growth Rate : 36.50% (As of Dec. 2023)

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What is Cenovus Energy 3-Year Revenue Growth Rate?

Cenovus Energy's Revenue per Share for the three months ended in Dec. 2023 was C$7.42.

During the past 12 months, Cenovus Energy's average Revenue per Share Growth Rate was -19.50% per year. During the past 3 years, the average Revenue per Share Growth Rate was 36.50% per year. During the past 5 years, the average Revenue per Share Growth Rate was 16.60% per year. During the past 10 years, the average Revenue per Share Growth Rate was 3.00% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average Revenue per Share growth rate.

During the past 13 years, the highest 3-Year average Revenue per Share Growth Rate of Cenovus Energy was 36.50% per year. The lowest was -19.20% per year. And the median was 7.50% per year.

Competitive Comparison of Cenovus Energy's 3-Year Revenue Growth Rate

For the Oil & Gas Integrated subindustry, Cenovus Energy's 3-Year Revenue Growth Rate, along with its competitors' market caps and 3-Year Revenue Growth Rate 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 3-Year Revenue Growth Rate Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Cenovus Energy's 3-Year Revenue Growth Rate distribution charts can be found below:

* The bar in red indicates where Cenovus Energy's 3-Year Revenue Growth Rate falls into.

Cenovus Energy 3-Year Revenue Growth Rate Calculation

This is the 3-year average growth rate of Revenue per Share. The growth rate is calculated using exponential compounding based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average Revenue per Share growth rate.

Cenovus Energy (TSX:CVE) 3-Year Revenue Growth Rate Explanation

Revenue per Share is the amount of Revenue per outstanding share of the company's stock.

Revenue is income that a company receives from its normal business activities, usually from the sale of goods and services to customers. Revenue is often referred to as the "top line" due to its position on the income statement at the very top. Revenue per share growth rate is used in calculating Predictability Rank, companies with more consistent revenue and earnings growth are ranked high with predictability.

Cenovus Energy 3-Year Revenue Growth Rate Related Terms

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Cenovus Energy (TSX:CVE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Cenovus Energy Inc (TSX:CVE) » Definitions » 3-Year Revenue Growth Rate

Comparable Companies

Traded in Other Exchanges

CVE:USA 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

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.

Executives

Susan Mary Anderson-olney

Senior Officer