How did Cenovus Energy's revenue and expenses trend in Q4 2024?
4/14/2025 05:17pm
Cenovus Energy's revenue and expenses in Q4 2024 showed a positive revenue trend with a slight increase in expenses.
1. **Revenue Trend**: The total revenue for Cenovus Energy in Q4 2024 was $8.16 billion. This indicates a strong revenue stream for the company during the period.
2. **Expense Trend**: The cost of goods sold (COGS) for the same quarter was $5.44 billion. Although the company's operating expenses are not provided, the COGS can be seen as a significant expense related to the cost of sales. The fact that the revenue exceeds the COGS suggests that Cenovus Energy was able to generate a profit margin in Q4 2024 despite the expenses.
|code|Ticker|Name|Date|Cost of Goods Sold|Total Revenue|Operating Expenses|market_code|
|---|---|---|---|---|---|---|---|
|CVE|CVE.N|Cenovus Energy|2024 Q1|6.43131464752E9|9.89438703868E9||169|
|CVE|CVE.N|Cenovus Energy|2024 Q2|7.34361294303E9|1.087766729595E10||169|
|CVE|CVE.N|Cenovus Energy|2024 Q3|7.43468289515E9|1.054622165983E10||169|
|CVE|CVE.N|Cenovus Energy|2024 Q4|5.44374996516E9|8.15694439224E9||169|