CENOVUS ENERGY INC. (CVE) Cenovus Energy Inc. is an integrated energy firm involved in the exploration, extraction, processing, and sale of crude oil, natural gas liquids, and natural gas. Its operations span Canada, the United States, and the Asia Pacific region. The company organizes its extensive activities across six core segments: Oil Sands, Conventional, Offshore, Canadian Manufacturing, U.S. Manufacturing, and Retail. The Oil Sands division is responsible for developing and producing bitumen and heavy oil from significant projects in northern Alberta and Saskatchewan, including Foster Creek, Christina Lake, Sunrise, and Tucker, in addition to its Lloydminster thermal and conventional heavy oil operations. Cenovus’s Conventional segment encompasses assets primarily situated in Alberta and British Columbia, specifically in areas such as Elmworth-Wapiti, Kaybob-Edson, Clearwater, and Rainbow Lake, alongside holdings in various natural gas processing facilities. The Offshore segment is solely dedicated to exploration and development endeavors. Its Canadian Manufacturing segment includes the proprietary Lloydminster upgrading and asphalt refining complex, which converts heavy oil and bitumen into synthetic crude oil, diesel fuel, asphalt, and other related products. This segment also oversees the Bruderheim crude-by-rail terminal and operates two ethanol plants. The U.S. Manufacturing segment focuses on refining crude oil to produce diesel, gasoline, jet fuel, asphalt, and various other petroleum products. Finally, the Retail segment manages the distribution and sales of both its own and third-party refined petroleum products through a network of retail, commercial, and bulk petroleum outlets, as well as wholesale channels. Cenovus Energy Inc. was founded in 2009 and maintains its corporate headquarters in Calgary, Canada.
Sector: Crude Petroleum & Natural Gas
Industry: Oil & Gas Integrated
Cenovus Energy Inc. NYSE:CVE Energy · Oil & Gas Integrated
Mkt Cap $49.61B
Div Yield 2.21%
Pre Pre-market $27.78 Close $27.45 AH $27.34 Now $27.78 PM VOL 2K $ Vol ≈ $56K RVOL 1.24x
Close $27.45 -0.58% AH $27.34 +1.63% since
Mkt Cap $49.61B
PM VOL 2K sh
$ Vol ≈$56K
RVOL 1.24×
Div Yield 2.21%
Press Release ● Major ⚠ 3
Cenovus announces third-quarter 2026 results
Cenovus Energy reported Q3 2026 results with adjusted funds flow of approximately $5.0 billion and free funds flow of $3.6 billion, and net earnings rose to $3.4 billion from $2.9 billion in Q2.
The company achieved record upstream production of 1,024 MBOE/d -- crossing one million BOE per day for the first time -- with records at Foster Creek, Christina Lake and Sunrise, while net debt fell $2.4 billion to $3.0 billion.
Cenovus returned $1.9 billion to shareholders in the quarter and plans a new NCIB for up to ~126.5 million shares (~10% of public float), alongside a $0.22/share quarterly dividend.
The company also reiterated its definitive agreement to acquire Athabasca Oil (~$5.7B enterprise value, ~45 MBOE/d), expected to close in December 2026.
• 4d ago AI analysis › Press Release
Oil Enters November With OPEC+ Holding Steady and Five Producers Set to Report
ConocoPhillips is scheduled to release third-quarter 2026 results before market open on Thursday, November 5, followed by a 12:00 p.m. ET webcast.
It will be the company's first report since Andy O'Brien succeeded Ryan Lance as CEO on September 1, with Konnie Haynes-Welsh now CFO. In Q2, ConocoPhillips earned $3.9 billion ($3.23 per share) on 2,248 MBOE/d of production and returned $3.0 billion to shareholders.
The release lands amid an OPEC+ decision to hold December 2026 output at September levels, with Brent near $123 and Q4 inventories and payrolls data in focus.
• 6d ago AI analysis › Press Release
Cenovus to hold third-quarter 2026 conference call and webcast on November 4
Cenovus Energy will release its third-quarter 2026 results on Wednesday, November 4, 2026.
The accompanying conference call is scheduled for 8:30 a.m. ET, with advance registration required for analysts and a live webcast archived for roughly 30 days.
This is a scheduling notice only — no financial results or guidance are included.
• 11d ago AI analysis › Press Release ● Major ⚠ 4
Cenovus announces agreement to acquire Athabasca Oil Corporation
Cenovus Energy has agreed to acquire Athabasca Oil Corporation in a cash-and-stock deal with an implied enterprise value of $5.7 billion, at $12.00 per Athabasca share or 0.264 Cenovus shares per share.
The deal adds roughly 45 MBOE/d of production adjacent to Cenovus's Christina Lake, May River and Thornbury assets, with 75+ years of reserves life and $85 million in targeted annual synergies.
Funding includes up to $4.3 billion in cash and up to 44.4 million new Cenovus shares, pushing pro forma net debt to $5.0-$5.5 billion by year-end 2026 versus $3.0 billion at Q3.
Closing is expected in December 2026, subject to regulatory and Athabasca shareholder approvals; the deal is not subject to any financing contingency.
• 1mo ago AI analysis › Press Release
Athabasca Oil Announces Agreement to be Acquired by Cenovus Energy
globenewswire.com • 1mo ago Press Release ● Major
Cenovus announces second-quarter 2026 results
Cenovus reported record Q2 2026 financial results with total revenues of $17.4 billion and free funds flow of $3.8 billion, driven by higher commodity prices and strong operational execution across both Upstream and Downstream segments.
The company raised its full-year 2026 production guidance by 25 MBOE/d to a range of 970-1,010 MBOE/d and lowered its operating cost guidance, citing record quarterly Oil Sands production and optimization of turnaround activities.
Cenovus returned $1.4 billion to shareholders in the quarter through $1.0 billion in share repurchases and $0.4 billion in dividends, while reducing net debt to $5.4 billion and fully repaying the term loan facility related to the MEG Energy acquisition.
• 3mo ago AI analysis › Press Release
Cenovus to hold second-quarter 2026 conference call and webcast on July 29
Cenovus Energy announced that it will release its second-quarter 2026 financial and operating results on Wednesday, July 29, 2026.
The company will host a conference call and webcast at 9 a.m. MT (11 a.m. ET) to discuss the consolidated results, with registration required in advance.
Cenovus is an integrated energy company with production operations in Canada and the Asia Pacific region, as well as upgrading and refining assets in North America.
• 3mo ago AI analysis › Press Release ⚠ 2
A Weight-Loss Revolution Is Reshaping Bodies. This Preclinical Biotech Wants to Build What Comes Next
AnaptysBio was mentioned in a paid advertisement issued on behalf of Conexeu Sciences Inc. as an example of a platform business model.
The article cited AnaptysBio's first-quarter 2026 results, noting $25.6 million in collaboration revenue and Jemperli royalties growing 44% to $24.7 million with an EBIT margin above 95%.
The press release is promotional material for Conexeu Sciences and contains no new material disclosures regarding AnaptysBio's operations or guidance.
• 3mo ago AI analysis › Press Release
Cenovus reports voting results of annual meeting of shareholders
Cenovus Energy reported the voting results from its annual meeting of shareholders held May 6, 2026.
All 14 director nominees proposed by management were elected, with support ranging from 95% to 99% of votes cast.
Shareholders also passed a non-binding advisory vote to accept the Corporation’s approach to executive compensation, with 97% voting in favor.
• 6mo ago AI analysis › Press Release ● Major
Cenovus announces first-quarter 2026 results
Cenovus Energy reported Q1 2026 revenue of $12.4 billion with record upstream production of 972,100 BOE/d, supported by $3.4 billion in adjusted funds flow.
The Board approved a 10% increase to the quarterly dividend to $0.22 per share and returned a total of $1.0 billion to shareholders through buybacks and dividends.
The company announced the sale of its Canadian commercial fuels business for $275 million and reiterated a long-term net debt target of $4.0 billion.
• 6mo ago AI analysis › Press Release
Cenovus to hold first-quarter 2026 conference call and webcast and 2026 Annual Meeting of Shareholders on May 6
Cenovus Energy announced it will release its first-quarter 2026 results on May 6, 2026, followed by a conference call and webcast to discuss the consolidated operating and financial information.
The company also scheduled its 2026 Annual Meeting of Shareholders for the same day, May 6, to be held in a virtual format beginning at 11 a.m. MT.
• 6mo ago AI analysis › 
