XML 60 R35.htm IDEA: XBRL DOCUMENT
v3.25.3

Per Share Amounts (Tables) | 9 Months Ended
--- | ---
Sep. 30, 2025
Earnings per share [abstract] |
Schedule Representing Per Share Amounts |
| Three Months Ended |  | Nine Months Ended
For the periods ended September 30, | 2025 |  | 2024 |  | 2025 |  | 2024
Net Earnings (Loss) | 1,286 |  | 820 |  | 2,996 |  | 2,996
Effect of Cumulative Dividends on Preferred Shares | (2) |  | (9) |  | (12) |  | (27)
Net Earnings (Loss) – Basic | 1,284 |  | 811 |  | 2,984 |  | 2,969
Effect of Stock-Based Compensation | — |  | (31) |  | (1) |  | 6
Net Earnings (Loss) – Diluted | 1,284 |  | 780 |  | 2,983 |  | 2,975
Basic – Weighted Average Number of Shares (thousands) | 1,788,901 |  | 1,848,035 |  | 1,806,851 |  | 1,858,364
Dilutive Effect of Warrants | 2,251 |  | 3,729 |  | 2,416 |  | 5,039
Dilutive Effect of Stock-Based Compensation | 1,628 |  | 11,548 |  | 1,819 |  | 9,221
Diluted – Weighted Average Number of Shares (thousands) | 1,792,780 |  | 1,863,312 |  | 1,811,086 |  | 1,872,624
Net Earnings (Loss) Per Common Share – Basic ($) | 0.72 |  | 0.44 |  | 1.65 |  | 1.60
Net Earnings (Loss) Per Common Share – Diluted (1) ($) | 0.72 |  | 0.42 |  | 1.65 |  | 1.59
(1)For the three and nine months ended September 30, 2025, 25.1 million and 24.6 million, respectively (2024 — 3.0 million and 11.5 million, respectively) common shares related to the assumed exercise of stock-based compensation were excluded from the calculation of dilutive net earnings (loss) per share, as the effect was anti-dilutive.
Disclosure Of Dividends To Shareholders |
| 2025 |  | 2024
For the nine months ended September 30, | Per Share |  | Amount |  | Per Share |  | Amount
Base Dividends | 0.580 |  | 1,047 |  | 0.500 |  | 925
Variable Dividends | — |  | — |  | 0.135 |  | 251
Total Common Share Dividends Declared and Paid | 0.580 |  | 1,047 |  | 0.635 |  | 1,176
C) Preferred Share Dividends
For the nine months ended September 30, |  |  |  |  | 2025 |  | 2024
Series 1 First Preferred Shares |  |  |  |  | 5 |  | 5
Series 2 First Preferred Shares |  |  |  |  | 1 |  | 2
Series 3 First Preferred Shares |  |  |  |  | — |  | 9
Series 5 First Preferred Shares |  |  |  |  | 2 |  | 7
Series 7 First Preferred Shares |  |  |  |  | 4 |  | 4
Total Preferred Share Dividends Declared |  |  |  |  | 12 |  | 27

X
- Definition Disclosure Of Dividends To Shareholders + References No definition available. + Details
Name: | cve_DisclosureOfDividendsToShareholdersTableTextBlock
Namespace Prefix: | cve_
Data Type: | dtr-types1:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | ifrs-full_EarningsPerShareAbstract
Namespace Prefix: | ifrs-full_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The disclosure of earnings per share. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Name IAS -Number 33 -IssueDate 2024-01-01 -Paragraph 66 -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&num=33&code=ifrs-tx-2024-en-r&anchor=para_66&doctype=Standard -URIDate 2024-03-27 + Details
Name: | ifrs-full_EarningsPerShareExplanatory
Namespace Prefix: | ifrs-full_
Data Type: | dtr-2022:textBlockItemType
Balance Type: | na
Period Type: | duration