Cenovus Energy Inc. will release its fourth-quarter and full-year 2025 results on Thursday, February 19, 2026. The news release will provide consolidated fourth-quarter and full-year operating and financial information. The company's financial statements will be available on Cenovus's website, cenovus.com. Fourth-quarter and full-year 2025 conference call: 9 a.m. MT For analysts wanting to join the call, please register [...]
S&P Dow Jones Indices announces the following index changes as a result of the annual S&P/TSX Canadian Dividend Aristocrats Index review. These changes will be effective prior to the open of trading on Monday, February 2, 2026. S&P/TSX Canadian Dividend Aristocrats Index - February 2, 2026 Symbol COMPANY ADDED CEU CES Energy Solutions Corp. ADDED CVE Cenovus Energy Inc. ADDED DOO BRP Inc. ADDED GFL GFL Environmental Inc [...]
Cenovus Energy Inc. today announced its 2026 capital budget and corporate guidance. 2026 guidance highlights: Capital investment of between $5.0 billion and $5.3 billion, including approximately $350 million of capitalized turnaround costs. Excluding turnaround costs, capital investment is expected to be between $4.7 billion and $5.0 billion, consistent with Cenovus's planned reduction in growth investments relative to [...]
Cenovus Energy Inc. has completed a public offering in Canada and the United States of $2.6 billion in senior notes comprised of $650 million of 4.250% senior unsecured notes due 2033, $550 million of 4.600% senior unsecured notes due 2035, US$500 million of 4.650% senior unsecured notes due 2031, and US$500 million of 5.400% senior unsecured notes due 2036 . The Offering was made under Cenovus's short form base shelf [...]
The prospectus supplement, the corresponding base shelf prospectus and any amendment thereto in connection with the offering of Canadian Notes will be accessible through SEDAR+ within two business days. CALGARY, Alberta, Nov. 18, 2025 -- Cenovus Energy Inc. announced today that it has priced an offering of $2.6 billion in aggregate principal amount of senior unsecured notes. The notes offered are comprised of four [...]
Cenovus Energy Inc. is pleased to announce that its acquisition of MEG Energy Corp. was completed today. This acquisition strengthens Cenovus's portfolio of long-life, low-cost oil sands assets, adding top-tier operations that are directly adjacent to the company's Christina Lake asset. Total consideration paid by Cenovus included: $752 million of cash paid for 25.0 million MEG shares acquired through open market [...]
The shareholders of Cenovus Energy and MEG Energy have agreed to the terms of a Plan of Arrangement resulting in the combination of the two companies. Each share of MEG Energy will be exchanged for $30.00 in cash or 1.255 shares of Cenovus Energy for each MEG Energy share held, subject to proration such that the aggregate consideration paid to MEG Energy consists of 50% cash and 50% consideration in Cenovus Energy shares [...]
MEG Energy is pleased to announce that the Court of King's Bench of Alberta has granted the final order in respect of the previously announced plan of arrangement under Section 193 of the Business Corporations Act involving MEG, holders of common shares of MEG and Cenovus Energy. The Cenovus Transaction was approved by MEG Shareholders at a special meeting held on November 6, 2025. Subject to the satisfaction or waiver of [...]
Cenovus Energy Inc. announced today that the Toronto Stock Exchange has approved the renewal of the company's normal course issuer bid to purchase up to 120,250,990 common shares during the 12-month period commencing November 11, 2025 and ending November 10, 2026. Cenovus's renewal of its share buyback program is consistent with the company's capital allocation framework, which supports enhancing value for investors by [...]
MEG Energy is pleased to announce that today at its special meeting of holders of common shares of MEG, MEG Shareholders voted in favour of the previously announced plan of arrangement involving MEG, MEG Shareholders and Cenovus Energy. At the Meeting, the special resolution approving the Cenovus Transaction was approved by 86.15% of the votes cast by MEG Shareholders, present in person or represented by proxy at the [...]
MEG Energy is providing additional disclosure regarding the previously announced asset transaction between Strathcona Resources and Cenovus Energy, as initially disclosed in its press release of Oct 27, 2025. As previously announced, MEG entered into a second amending agreement with Cenovus to amend the arrangement agreement between MEG and Cenovus dated August 21, 2025, as amended on Oct 7, 2025, to increase the [...]
Cenovus Energy announced its third-quarter 2025 financial and operating results. The company generated approximately $2.1 billion in cash from operating activities, $2.5 billion of adjusted funds flow and $1.3 billion of free funds flow. Operating results in the quarter included record Upstream production of 832,900 barrels of oil equivalent per day 1 and record Downstream crude throughput of 710,700 barrels per day [...]