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Stock-Based Compensation Plans (Tables)
6 Months Ended
Jun. 30, 2022
Disclosure of terms and conditions of share-based payment arrangement [abstract]  
Summary of Options Outstanding and Exercisable
The following tables summarize information related to the Company’s stock-based compensation plans:
Units
Outstanding
Units
Exercisable
As at June 30, 2022
(thousands)(thousands)
Stock Options With Associated Net Settlement Rights16,0067,986 
Cenovus Replacement Stock Options4,9503,484 
Performance Share Units8,718 
Restricted Share Units6,764 
Deferred Share Units1,6051,605 
The weighted average exercise price of NSRs and Cenovus replacement stock options outstanding as at June 30, 2022, were $12.35 and $12.39, respectively.
Units
Granted
Units
Vested and
Exercised/
Paid Out
For the six months ended June 30, 2022
(thousands)(thousands)
Stock Options With Associated Net Settlement Rights1,9919,994
Cenovus Replacement Stock Options4,699
Performance Share Units3,2021,413
Restricted Share Units3,1302,214
Deferred Share Units454115
Summary of Stock-Based Compensation
The following table summarizes the stock-based compensation expense (recovery) recorded for all plans:
Three Months EndedSix Months Ended
For the periods ended June 30,
2022202120222021
Stock Options With Associated Net Settlement Rights5398
Cenovus Replacement Stock Options2274114
Performance Share Units2896521
Restricted Share Units24116117
Deferred Share Units84189
Stock-Based Compensation Expense (Recovery)873419469
Stock-Based Compensation Costs Capitalized23
Total Stock-Based Compensation873619472