Cenovus Energy Inc

Location

ALBERTA

Founded

2009-12-01

Risk Signals

913 news mentions monitored

Industry Context

This company is tracked across risk categories, including those related to its sector (e.g., Crude Petroleum and Natural Gas, Oil and Gas Field Exploration Services, Oil and Gas Field Services, Not Elsewhere Classified, Petroleum Refining, Petroleum and Petroleum Products Wholesalers, Except Bulk Stations and Terminals), including supply chain integrity, ESG practices, labor disputes, and regulatory compliance.

Recent Articles about Cenovus Energy Inc

Live alerts from global media, monitored by Business Radar

Cenovus hits debt reduction target, but pledges no change in strategy

2024-08-01 (tricitynews.com)

Cenovus hits debt reduction target, but pledges no change in strategy

CALGARY — The CEO of Cenovus Energy Inc. said the company's recent debt repayment milestone will not mean changes to its near-term strategy.

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Toronto Stocks Climb, Cenovus Energy Shares Rise on 4Q Beat, Debt Repayment

2024-02-15 (marketscreener.com)

Toronto Stocks Climb, Cenovus Energy Shares Rise on 4Q Beat, Debt Repayment

By Adriano Marchese Toronto-listed stocks were firmly higher. On the broader economic front, Canadian factory shipments pulled back in December largely because of a sharp drop in motor vehicle...

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7 Safe Havens All Investors Should Have Exposure to in 2022

2022-09-22 (investorplace.com)

7 Safe Havens All Investors Should Have Exposure to in 2022

Few stocks with deep value and growth prospects offer upside and safe havens for investors, with those picks the exception.

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The Daily Chase: Recession fears swirl; Cash flow boom in energy sector - BNN Bloomberg

2022-07-28 (bnnbloomberg.ca)

The Daily Chase: Recession fears swirl; Cash flow boom in energy sector - BNN Bloomberg

Like usual, the mood of the market has flipped after sleeping on the U.S. Federal Reserve’s policy decision and commentary by Chair Jerome Powell.

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| The Londoner

2022-05-31 (thelondoner.ca)

| The Londoner

Cenovus anticipates the first oil from the platform will be produced in 2026. Find out more here.

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Cenovus sells Tucker thermal assets for $800 million

2021-12-23 (lakelandtoday.ca)

Cenovus sells Tucker thermal assets for $800 million

The Calgary-based company Cenovus has sold its Tucker thermal assets located in the Cold Lake area to Strathcona Resources Ltd. to reduce the company’s total debt.

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Negative Open for Stocks in Toronto

2021-12-17 (baystreet.ca)

Negative Open for Stocks in Toronto

Canada's main stock index fell on Friday, extending losses for a second session as energy stocks weighed, with concerns around surging Omicron cases around the world keeping sentiment in check.

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Cenovus Energy May Keep Selling Assets After Hitting Debt Target - BNN Bloomberg

2021-12-08 (bnnbloomberg.ca)

Cenovus Energy May Keep Selling Assets After Hitting Debt Target - BNN Bloomberg

(Bloomberg) -- Canadian oil sands producer Cenovus Energy Inc. hasn’t yet finished selling assets to slash debt following its C$3.8 billion ($3 billion) acquisition of Husky Energy Inc. last year.

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Cenovus eyes sale of assets, doubles dividend and aims to lighten debt load

2021-11-03 (financialpost.com)

Cenovus eyes sale of assets, doubles dividend and aims to lighten debt load

Cenovus also unveiled a plan to buy up to 10 per cent of its outstanding shares, making it the most aggressive share buyback program in the oilsands

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The oilpatch rebound is here: Suncor, Cenovus swing to profit amid higher oil prices, reopening economies

2021-07-29 (financialpost.com)

The oilpatch rebound is here: Suncor, Cenovus swing to profit amid higher oil prices, reopening economies

Companies cumulatively spent close to $2 billion on combo of share buybacks, dividends, debt repayment in second quarter

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Cenovus retires $1 billion in debt as oil price surge lifts Canadian energy sector

2021-07-29 (thepeterboroughexaminer.com)

Cenovus retires $1 billion in debt as oil price surge lifts Canadian energy sector

CALGARY - Cenovus Energy Inc. retired nearly $1 billion in debt in the second quarter as the easing of COVID-19 restrictions and a related commodity price surge provided a lift to Canadian oil and gas producers.

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Credit Suisse upgrades Cenovus Energy to ‘outperform’, raises PT | BOE Report

2021-07-19 (boereport.com)

Credit Suisse upgrades Cenovus Energy to ‘outperform’, raises PT | BOE Report

Credit Suisse (CS) says Canadian energy co is transferring value from debt to equity holders, upgrades to “outperform” from “neutral.” CS says in the next 3 quarters, CVE could be looking to lower net debt by C$800 mln-C$1 bln every quarter.

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