Cenovus Energy Inc.
Close on Nov 2, 2026Market cap $57.78BP/E 20.0Yield –
Cenovus Energy U.S. Refining by Year
U.S. Refining — Total Crude Oil Unit Throughput (Mbbls/d)
Cenovus Energy U.S. Refining: 516 in 2025, down 7.3% from a year earlier.
Where the 2025 figure comes from
Source: Cenovus Energy Q2 2026 Supplemental Financial & Operating Information (PDF) ↗
Comprises the 100%-owned Lima (183 Mbbls/d), Toledo (160 Mbbls/d, 100% owned since Feb 28, 2023), and Superior (49 Mbbls/d) refineries (392.0 Mbbls/d combined operable capacity starting Q4 2025 following the Sep 30, 2025 divestiture of the 50% Wood River & Borger WRB JV to Phillips 66 for C$1.8B).
Annual history
Hover a value to see the sentence it was read from; calculated values show their formula
| Period | Ended | U.S. Refining — Total Crude Oil Unit Throughput (Mbbls/d) | Year on year | Source |
|---|---|---|---|---|
| 2025 | Dec 31, 2025 | 516 | -7.3% | Cenovus Energy Q2 2026 Supplemental Financial & Operating Information (PDF) ↗ |
| 2024 | Dec 31, 2024 | 556 | +21.0% | Cenovus Energy Q4 2025 Supplemental Financial & Operating Information (PDF) ↗ |
| 2023 | Dec 31, 2023 | 460 | +14.7% | Cenovus Energy Q4 2024 Supplemental Financial & Operating Information (PDF) ↗ |
| 2022 | Dec 31, 2022 | 401 | -0.2% | Cenovus Energy Q4 2023 Supplemental Financial & Operating Information (PDF) ↗ |
| 2021 | Dec 31, 2021 | 402 | +116.0% | Cenovus Energy Q4 2022 Supplemental Financial & Operating Information (PDF) ↗ |
| 2020 | Dec 31, 2020 | 186 | – | Cenovus Energy Q4 2021 Supplemental Financial & Operating Information (PDF) ↗ |
Breakdown
What makes up U.S. Refining
- U.S. Refining — Operable Crude Unit Capacity (Mbbls/d)550 · 2025
- U.S. Refining — Total Processed Inputs (Mbbls/d)548 · 2025
- U.S. Refining — Heavy Crude Oil Unit Throughput (Mbbls/d)198 · 2025
- U.S. Refining — Light & Medium Crude Oil Unit Throughput (Mbbls/d)318 · 2025
- U.S. Refining — Crude Unit Utilization (%)94.0% · 2025
- U.S. Refining — Total Refined Product Output (Mbbls/d)560 · 2025
- U.S. Refining — Adjusted Refining Margin (C$/bbl)13.44 · 2025
- U.S. Refining — Weighted Average 3-2-1 Crack Spread Net of RINs (US$/bbl)13.85 · 2025
- U.S. Refining — Weighted Average 3-2-1 Crack Spread Net of RINs (C$/bbl)19.34 · 2025
- U.S. Refining — Adjusted Market Capture (%)69.0% · 2025
- U.S. Refining — Per-Unit Operating Expenses (C$/bbl)12.73 · 2025
- U.S. Refining — Gross Margin (C$M)2,391 · 2025
- U.S. Refining — Adjusted Gross Margin Excl. Inventory Holding Gains/Losses (C$M)2,689 · 2025
Cite this data
StockData. (2026). Cenovus Energy U.S. Refining, annual 2020–2025 [Data set]. Compiled from Cenovus Energy SEC filings and investor materials. https://stockdatahq.com/stocks/cve/kpis/down-us-throughput
See every metric in the Cenovus Energy KPI table. Data updated Nov 3, 2026.