XML 127 R90.htm IDEA: XBRL DOCUMENT
v3.25.0.1

Impairment Charges and Reversals - Forward Price Assumptions (Details) | Dec. 31, 2024 $ / bbl $ / bbl share $ / Mcf | Dec. 31, 2023 $ / Mcf $ / bbl $ / bbl
--- | --- | ---
WTI | 1 Year |  |
Disclosure of information for impairment loss recognised or reversed for individual asset or cash-generating unit [line items] |  |
Long-term price assumptions used in current measurement of fair value less costs of disposal | 71.58 | 73.67
Long-term price assumptions used to determine future cash flows | share | 77.68 |
WTI | 2 Years |  |
Disclosure of information for impairment loss recognised or reversed for individual asset or cash-generating unit [line items] |  |
Long-term price assumptions used in current measurement of fair value less costs of disposal | 74.48 | 74.98
Long-term price assumptions used to determine future cash flows | share | 77.07 |
WTI | 3 Years |  |
Disclosure of information for impairment loss recognised or reversed for individual asset or cash-generating unit [line items] |  |
Long-term price assumptions used in current measurement of fair value less costs of disposal | 75.81 | 76.14
Long-term price assumptions used to determine future cash flows | share | 78.74 |
WTI | 4 Years |  |
Disclosure of information for impairment loss recognised or reversed for individual asset or cash-generating unit [line items] |  |
Long-term price assumptions used in current measurement of fair value less costs of disposal | 77.66 | 77.66
Long-term price assumptions used to determine future cash flows | share | 81.51 |
WTI | 5 Years |  |
Disclosure of information for impairment loss recognised or reversed for individual asset or cash-generating unit [line items] |  |
Long-term price assumptions used in current measurement of fair value less costs of disposal | 79.22 | 79.22
Long-term price assumptions used to determine future cash flows | share | 83.14 |
WTI | Thereafter |  |
Disclosure of information for impairment loss recognised or reversed for individual asset or cash-generating unit [line items] |  |
Forward price, average annual increase | 2.00% | 2.00%
Western Canada Select | 1 Year |  |
Disclosure of information for impairment loss recognised or reversed for individual asset or cash-generating unit [line items] |  |
Long-term price assumptions used in current measurement of fair value less costs of disposal | 82.69 | 76.74
Western Canada Select | 2 Years |  |
Disclosure of information for impairment loss recognised or reversed for individual asset or cash-generating unit [line items] |  |
Long-term price assumptions used in current measurement of fair value less costs of disposal | 84.27 | 79.77
Western Canada Select | 3 Years |  |
Disclosure of information for impairment loss recognised or reversed for individual asset or cash-generating unit [line items] |  |
Long-term price assumptions used in current measurement of fair value less costs of disposal | 83.81 | 81.12
Western Canada Select | 4 Years |  |
Disclosure of information for impairment loss recognised or reversed for individual asset or cash-generating unit [line items] |  |
Long-term price assumptions used in current measurement of fair value less costs of disposal | 85.70 | 82.88
Western Canada Select | 5 Years |  |
Disclosure of information for impairment loss recognised or reversed for individual asset or cash-generating unit [line items] |  |
Long-term price assumptions used in current measurement of fair value less costs of disposal | 87.45 | 85.04
Western Canada Select | Thereafter |  |
Disclosure of information for impairment loss recognised or reversed for individual asset or cash-generating unit [line items] |  |
Forward price, average annual increase | 2.00% | 2.00%
Edmonton C5+ | 1 Year |  |
Disclosure of information for impairment loss recognised or reversed for individual asset or cash-generating unit [line items] |  |
Long-term price assumptions used in current measurement of fair value less costs of disposal | 100.14 | 96.79
Edmonton C5+ | 2 Years |  |
Disclosure of information for impairment loss recognised or reversed for individual asset or cash-generating unit [line items] |  |
Long-term price assumptions used in current measurement of fair value less costs of disposal | 100.72 | 98.75
Edmonton C5+ | 3 Years |  |
Disclosure of information for impairment loss recognised or reversed for individual asset or cash-generating unit [line items] |  |
Long-term price assumptions used in current measurement of fair value less costs of disposal | 100.24 | 100.71
Edmonton C5+ | 4 Years |  |
Disclosure of information for impairment loss recognised or reversed for individual asset or cash-generating unit [line items] |  |
Long-term price assumptions used in current measurement of fair value less costs of disposal | 102.73 | 102.72
Edmonton C5+ | 5 Years |  |
Disclosure of information for impairment loss recognised or reversed for individual asset or cash-generating unit [line items] |  |
Long-term price assumptions used in current measurement of fair value less costs of disposal | 104.79 | 104.78
Edmonton C5+ | Thereafter |  |
Disclosure of information for impairment loss recognised or reversed for individual asset or cash-generating unit [line items] |  |
Forward price, average annual increase | 2.00% | 2.00%
Alberta Energy Company Natural Gas | 1 Year |  |
Disclosure of information for impairment loss recognised or reversed for individual asset or cash-generating unit [line items] |  |
Long-term price assumptions used in current measurement of fair value less costs of disposal | $ / Mcf | 2.36 | 2.20
Alberta Energy Company Natural Gas | 2 Years |  |
Disclosure of information for impairment loss recognised or reversed for individual asset or cash-generating unit [line items] |  |
Long-term price assumptions used in current measurement of fair value less costs of disposal | $ / Mcf | 3.33 | 3.37
Alberta Energy Company Natural Gas | 3 Years |  |
Disclosure of information for impairment loss recognised or reversed for individual asset or cash-generating unit [line items] |  |
Long-term price assumptions used in current measurement of fair value less costs of disposal | $ / Mcf | 3.48 | 4.05
Alberta Energy Company Natural Gas | 4 Years |  |
Disclosure of information for impairment loss recognised or reversed for individual asset or cash-generating unit [line items] |  |
Long-term price assumptions used in current measurement of fair value less costs of disposal | $ / Mcf | 3.69 | 4.13
Alberta Energy Company Natural Gas | 5 Years |  |
Disclosure of information for impairment loss recognised or reversed for individual asset or cash-generating unit [line items] |  |
Long-term price assumptions used in current measurement of fair value less costs of disposal | $ / Mcf | 3.76 | 4.21
Alberta Energy Company Natural Gas | Thereafter |  |
Disclosure of information for impairment loss recognised or reversed for individual asset or cash-generating unit [line items] |  |
Forward price, average annual increase | 2.00% | 2.00%
Chicago 3-2-1 Crack Spread | 1 Year |  |
Disclosure of information for impairment loss recognised or reversed for individual asset or cash-generating unit [line items] |  |
Long-term price assumptions used to determine future cash flows | share | 20.01 |
Chicago 3-2-1 Crack Spread | 2 Years |  |
Disclosure of information for impairment loss recognised or reversed for individual asset or cash-generating unit [line items] |  |
Long-term price assumptions used to determine future cash flows | share | 21.97 |
Chicago 3-2-1 Crack Spread | 3 Years |  |
Disclosure of information for impairment loss recognised or reversed for individual asset or cash-generating unit [line items] |  |
Long-term price assumptions used to determine future cash flows | share | 22.60 |
Chicago 3-2-1 Crack Spread | 4 Years |  |
Disclosure of information for impairment loss recognised or reversed for individual asset or cash-generating unit [line items] |  |
Long-term price assumptions used to determine future cash flows | share | 23.87 |
Chicago 3-2-1 Crack Spread | 5 Years |  |
Disclosure of information for impairment loss recognised or reversed for individual asset or cash-generating unit [line items] |  |
Long-term price assumptions used to determine future cash flows | share | 24.66 |

X
- Definition Forward price, average annual increase + References No definition available. + Details
Name: | cve_ForwardPriceAverageAnnualIncrease
Namespace Prefix: | cve_
Data Type: | dtr-types1:percentItemType
Balance Type: | na
Period Type: | instant

X
- Definition Long-term Price Assumptions Used In Current Measurement Of Fair Value Less Costs Of Disposal + References No definition available. + Details
Name: | cve_LongTermPriceAssumptionsUsedInCurrentMeasurementOfFairValueLessCostsOfDisposal
Namespace Prefix: | cve_
Data Type: | xbrli:decimalItemType
Balance Type: | na
Period Type: | instant

X
- Definition Long-term Price Assumptions Used to Determine Future Cash Flows + References No definition available. + Details
Name: | cve_LongTermPriceAssumptionsUsedToDetermineFutureCashFlows
Namespace Prefix: | cve_
Data Type: | xbrli:decimalItemType
Balance Type: | na
Period Type: | instant

X
- Definition Line items represent concepts included in a table. These concepts are used to disclose reportable information associated with members defined in one or many axes of the table. + References No definition available. + Details
Name: | ifrs-full_DisclosureOfInformationForEachMaterialImpairmentLossRecognisedOrReversedForIndividualAssetOrCashgeneratingUnitLineItems
Namespace Prefix: | ifrs-full_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Details
Name: | ifrs-full_IndividualAssetsOrCashgeneratingUnitsAxis=cve_WestTexasIntermediateMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | ifrs-full_MaturityAxis=ifrs-full_NotLaterThanOneYearMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | ifrs-full_MaturityAxis=ifrs-full_LaterThanOneYearAndNotLaterThanTwoYearsMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | ifrs-full_MaturityAxis=ifrs-full_LaterThanTwoYearsAndNotLaterThanThreeYearsMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | ifrs-full_MaturityAxis=ifrs-full_LaterThanThreeYearsAndNotLaterThanFourYearsMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | ifrs-full_MaturityAxis=ifrs-full_LaterThanFourYearsAndNotLaterThanFiveYearsMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | ifrs-full_MaturityAxis=ifrs-full_LaterThanFiveYearsMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | ifrs-full_IndividualAssetsOrCashgeneratingUnitsAxis=cve_WesternCanadaSelectMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | ifrs-full_IndividualAssetsOrCashgeneratingUnitsAxis=cve_EdmontonC5Member
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | ifrs-full_IndividualAssetsOrCashgeneratingUnitsAxis=cve_AlbertaEnergyCompanyNaturalGasMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | ifrs-full_IndividualAssetsOrCashgeneratingUnitsAxis=cve_Chicago321CrackSpreadsWTIMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |