Cenovus Energy Inc. announced that at its annual meeting of shareholders held on May 12, 2021, each of the 12 nominees proposed as Directors and listed in its Management Information Circular dated March 15, 2021 were elected as Directors. The detailed results of the vote are set out below. Nominee Votes for Votes withheld Number Percent Number Percent Keith M. Casey 1,629,920,383 98.97 16,903,774 1.03 Canning K.N. Fok [...]
Cenovus Energy Inc. delivered solid operating and financial performance in the company's inaugural quarter of operations following the acquisition of Husky Energy Inc. on January 1. With its disciplined and methodical approach to integrating Husky's assets, the company has made significant progress in the first three months of the year and is firmly on track to deliver on its targeted acquisition synergies and 2021 budget [...]
Cenovus Energy Inc. will release its first quarter 2021 results on Friday, May 7, 2021. The news release will provide consolidated first-quarter operating and financial information. Financial statements will be available on Cenovus's website, cenovus.com. A conference call and webcast to discuss the results will be held for the investment community at 9 a.m. MT . To participate in the webcast, please dial 888-390-0605 or [...]
Cenovus Energy Inc. today announced the expiration and results of the previously announced consent solicitation and receipt of the consents necessary to effect an amendment to the pledge agreement in respect of Cenovus's outstanding 6.80% Notes due 2037 . The 2037 Notes were issued under an indenture, dated as of September 11, 2007 between Cenovus ) and Wells Fargo Bank, National Association . The Indenture also governs [...]
Cenovus Energy Inc. today announced that it has commenced a consent solicitation with respect to a proposed amendment to the pledge agreement in respect of Cenovus's outstanding 6.80% Notes due 2037 . The 2037 Notes were issued under an indenture, dated as of September 11, 2007 between Cenovus ) and Wells Fargo Bank, National Association . The Indenture also governs the outstanding 4.40% Notes due 2029 , 4.00% Notes due [...]
Cenovus Energy Inc. announced today that effective March 31, 2021, its wholly owned subsidiary Husky Energy Inc. has been amalgamated with Cenovus under the provisions of the Canada Business Corporations Act . The company will continue to operate as Cenovus Energy Inc. As a result of the amalgamation, Husky will no longer be required to file reports with the securities regulatory authorities in Canada or the United [...]
Cenovus Energy Inc. announces 274,160 of its 10,435,932 Cumulative Redeemable First Preferred Shares, Series 1 have been tendered for conversion on March 31, 2021, on a one-for-one basis, into Cumulative Redeemable First Preferred Shares, Series 2 and 577,882 of its 1,564,068 Series 2 Shares have been tendered for conversion, on a one-for-one basis, into Series 1 Shares. As of March 31, 2021 Cenovus will have 10,739,654 [...]
Cenovus Energy Inc. is providing notice the company does not intend to exercise its right to redeem its Cumulative Redeemable First Preferred Shares, Series 1 and Cumulative Redeemable First Preferred Shares, Series 2 on March 31, 2021. As a result, subject to certain conditions: the holders of Series 1 Shares have the right to choose one of the following options with regard to their shares: retain any or all of their [...]
Cenovus Energy Inc. responded to extreme oil price volatility in 2020 by quickly reducing capital spending as well as strategically managing oil sands production and purchasing curtailment credits to achieve increased output when prices were more favourable. The company generated positive free funds flow in the fourth quarter, partially offsetting the impact of low oil prices on its full-year results. Cenovus's planned [...]
Cenovus Energy Inc. has delivered a disciplined 2021 capital budget focused on maintaining safe and reliable operations while positioning the company to drive enhanced shareholder value. The budget includes sustaining capital of approximately $2.1 billion to deliver upstream production of approximately 755,000 barrels of oil equivalent per day and downstream throughput of approximately 525,000 barrels per day . The budget [...]
Cenovus Energy Inc. will release its planned 2021 capital expenditure and production guidance on Thursday, January 28, 2021. A conference call and webcast to discuss the budget will be held for the investment community at 9 a.m. MT . To participate in the webcast, please dial 888-231-8191 or 647-427-7450 approximately 10 minutes prior to the start. The conference call webcast link will be available at cenovus.com or the [...]
Cenovus Energy Inc. is pleased to announce that its strategic combination with Husky Energy Inc. has closed. The transaction creates a resilient integrated energy leader that is well positioned to provide superior returns for investors over the long term, as well as strong environmental, social and governance performance. The transaction was completed through a definitive arrangement agreement announced on October 25 [...]
+60,00 %
-48,91 %
