Cenovus Energy Inc. (CVE) stock
CVENYSECrude Petroleum & Natural GasFiscal year ends December 31
$29.08+0.19 (+0.66%)
Close on Nov 13, 2026Market cap $54.77BP/E 19.1Yield –
Cenovus Energy r&d expenses
Research and development expenses are spending on new products and technology.
Cenovus Energy's R&D Expenses for the twelve months ending Dec 31, 2019 was C$20.00M. For fiscal 2019 it was C$20.00M, down 20.0% from the year before. The highest annual figure on record is C$36.00M in fiscal 2016.
Annual r&d expenses
| Period | Period end | Value | Change |
|---|---|---|---|
| FY2019 | Dec 31, 2019 | C$20.00M | -20.0% |
| FY2018 | Dec 31, 2018 | C$25.00M | -30.6% |
| FY2017 | Dec 31, 2017 | C$36.00M | 0.0% |
| FY2016 | Dec 31, 2016 | C$36.00M | +33.3% |
| FY2015 | Dec 31, 2015 | C$27.00M | – |
Quarterly r&d expenses
Change is against the same quarter a year earlier.
| Period | Period end | Value | Change |
|---|---|---|---|
| Q3 FY2020 | Sep 30, 2020 | C$3.00M | -57.1% |
| Q4 FY2019 | Dec 31, 2019 | C$4.00M | -20.0% |
| Q3 FY2019 | Sep 30, 2019 | C$6.00M | – |
| Q2 FY2019 | Jun 30, 2019 | C$6.00M | – |
| Q2 FY2018 | Jun 30, 2018 | C$7.00M | – |
| Q2 FY2017 | Jun 30, 2017 | C$5.00M | – |
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