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Stock-Based Compensation Plans - Summary of Stock Option Activity and Related Information (Detail) shares in Thousands | 12 Months Ended
--- | ---
Dec. 31, 2023 shares $ / shares
Net settlement rights |
Disclosure of terms and conditions of share-based payment arrangement [Line Items] |
Number of options outstanding, beginning of period (in shares) | 14,349
Options granted (in shares) | (1,571)
Options exercised (in shares) | (3,839)
Options forfeited (in shares) | (128)
Options expired (in shares) | (58)
Number of options outstanding, ending period (in shares) | 11,895
Weighted average exercised price, outstanding, beginning of year (in dollars per share) | $ / shares | $ 12.38
Weighted average exercise price, granted (in dollars per share) | $ / shares | 24.34
Weighted average exercise price, exercised (in dollars per share) | $ / shares | 13.08
Weighted average exercise price, forfeited (in dollars per share) | $ / shares | 15.78
Weighted average exercise price, expired (in dollars per share) | $ / shares | 19.89
Weighted average exercised price, outstanding, end of year (in dollars per share) | $ / shares | $ 13.66
Cenovus Replacement Stock Options |
Disclosure of terms and conditions of share-based payment arrangement [Line Items] |
Number of options outstanding, beginning of period (in shares) | 3,467
Options forfeited (in shares) | (23)
Options expired (in shares) | (326)
Number of options outstanding, ending period (in shares) | 1,005
Weighted average exercised price, outstanding, beginning of year (in dollars per share) | $ / shares | $ 9.99
Weighted average exercise price, forfeited (in dollars per share) | $ / shares | 6.58
Weighted average exercise price, expired (in dollars per share) | $ / shares | 21.09
Weighted average exercised price, outstanding, end of year (in dollars per share) | $ / shares | 6.49
Cenovus Replacement Stock Options | Settled for cash |
Disclosure of terms and conditions of share-based payment arrangement [Line Items] |
Weighted average exercise price, exercised (in dollars per share) | $ / shares | $ 9.97
PSUs |
Disclosure of terms and conditions of share-based payment arrangement [Line Items] |
Number of share units, outstanding, beginning of year (in shares) | 8,678
Granted (in shares) | 2,539
Exercised (in shares) | (972)
Cancelled (in shares) | (231)
United in lieu of dividends (in shares) | 229
Number of share units, outstanding, end of year (in shares) | 10,243
RSUs |
Disclosure of terms and conditions of share-based payment arrangement [Line Items] |
Number of share units, outstanding, beginning of year (in shares) | 6,655
Granted (in shares) | 2,961
Exercised (in shares) | (2,300)
Cancelled (in shares) | (243)
United in lieu of dividends (in shares) | 161
Number of share units, outstanding, end of year (in shares) | 7,234
DSUs |
Disclosure of terms and conditions of share-based payment arrangement [Line Items] |
Number of share units, outstanding, beginning of year (in shares) | 1,506
Granted (in shares) | 59
United in lieu of dividends (in shares) | 37
Redeemed (in shares) | (37)
Number of share units, outstanding, end of year (in shares) | 1,691
DSUs | Director |
Disclosure of terms and conditions of share-based payment arrangement [Line Items] |
Granted (in shares) | 126

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