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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, 2024 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) | 11,895
Options granted (in shares) | (2,427)
Options exercised (in shares) | (5,251)
Options forfeited (in shares) | (416)
Options expired (in shares) | (2)
Number of options outstanding, ending period (in shares) | 8,653
Weighted average exercised price, outstanding, beginning of year (in dollars per share) | $ / shares | $ 13.66
Weighted average exercise price, granted (in dollars per share) | $ / shares | 23.90
Weighted average exercise price, exercised (in dollars per share) | $ / shares | 10.77
Weighted average exercise price, forfeited (in dollars per share) | $ / shares | 23.16
Weighted average exercise price, expired (in dollars per share) | $ / shares | 24.60
Weighted average exercised price, outstanding, end of year (in dollars per share) | $ / shares | $ 17.83
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) | 1,005
Options expired (in shares) | (43)
Number of options outstanding, ending period (in shares) | 348
Weighted average exercised price, outstanding, beginning of year (in dollars per share) | $ / shares | $ 6.49
Weighted average exercise price, expired (in dollars per share) | $ / shares | 18.35
Weighted average exercised price, outstanding, end of year (in dollars per share) | $ / shares | $ 3.54
Cenovus Replacement Stock Options | Settled for cash |
Disclosure of terms and conditions of share-based payment arrangement [Line Items] |
Options exercised (in shares) | (614)
Weighted average exercise price, exercised (in dollars per share) | $ / shares | $ 7.34
PSUs |
Disclosure of terms and conditions of share-based payment arrangement [Line Items] |
Number of share units, outstanding, beginning of year (in shares) | 10,243
Granted (in shares) | 6,368
Exercised (in shares) | (8,903)
Cancelled (in shares) | (742)
United in lieu of dividends (in shares) | 244
Number of share units, outstanding, end of year (in shares) | 7,210
RSUs |
Disclosure of terms and conditions of share-based payment arrangement [Line Items] |
Number of share units, outstanding, beginning of year (in shares) | 7,234
Granted (in shares) | 3,393
Exercised (in shares) | (2,286)
Cancelled (in shares) | (466)
United in lieu of dividends (in shares) | 273
Number of share units, outstanding, end of year (in shares) | 8,148
DSUs |
Disclosure of terms and conditions of share-based payment arrangement [Line Items] |
Number of share units, outstanding, beginning of year (in shares) | 1,691
Granted (in shares) | 72
United in lieu of dividends (in shares) | 58
Redeemed (in shares) | (186)
Number of share units, outstanding, end of year (in shares) | 1,761
DSUs | Director |
Disclosure of terms and conditions of share-based payment arrangement [Line Items] |
Granted (in shares) | 126

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