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Downstream

Cenovus Tops Earnings Forecast as Refining Jumps to Record

May 1, 2024 Mariel Alumit

One of Canada’s biggest oil and gas companies, Cenovus Energy (NYSE: CVE), booked higher-than-expected earnings for the first quarter of 2024 amid strong oil and gas production and record throughput volumes at its refineries. Cenovus reported on […]

Cenovus
Finance

Cenovus to buy remaining 50% stake in Canada’s Sunrise oil sands from BP

June 13, 2022 Mariel Alumit

June 13 (Reuters) – Cenovus Energy Inc (CVE.TO) said on Monday it would buy British oil major BP Plc’s (BP.L) 50% stake in the Sunrise oil sands project in northern Alberta, as the Canadian energy company strengthens its position […]

Earnings

Cenovus reports 2020 fourth-quarter and full-year results

February 10, 2021 Stu Turley

CALGARY, Alberta, Feb. 09, 2021 (GLOBE NEWSWIRE) — Cenovus Energy Inc. (TSX: CVE) (NYSE: CVE) responded to extreme oil price volatility in 2020 by quickly reducing capital spending as well as strategically managing oil sands […]

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