Cenovus Energy Inc.

Cenovus Energy Inc. announced today the total consideration payable in connection with its previously announced tender offers to purchase for cash: up to $500,000,000 aggregate purchase price, excluding accrued and unpaid interest , of its 5.250% Notes due 2037, 4.450% Notes due 2042, 5.200% Notes due 2043, 4.400% Notes due 2029, 5.400% Notes due 2047 and 4.250% Notes due 2027 and up to $500,000,000 aggregate purchase [...]

Cenovus Energy Inc. announced today the early tender results for its tender offers to purchase for cash certain of its outstanding series of Notes. Cenovus also announced it has increased the previously announced Pool 2 Maximum Amount from $250,000,000 to $500,000,000. The Pool 1 Maximum Amount and the Series Tender Cap remain unchanged at $500,000,000 and $250,000,000, respectively. References to "$" in this news release [...]

Cenovus Energy Inc. announced today the commencement of tender offers to purchase for cash certain of its outstanding series of notes listed in the table below for an aggregate purchase price, excluding accrued and unpaid interest, of up to $750 million. References to "$" in this news release are to United States dollars, unless otherwise indicated. Title of Security CUSIP/ISIN Principal Amount Outstanding Maximum Amount [...]

Cenovus Energy Inc. generated nearly $2.0 billion in cash from operating activities, approximately $1.9 billion in adjusted funds flow and $897 million in free funds flow in the second quarter of 2023. Total upstream production was approximately 730,000 barrels of oil equivalent per day 1, reflecting a planned turnaround at Foster Creek and production impacts in the Conventional segment in May and June due to Alberta [...]

Cenovus Energy Inc. will release its second-quarter 2023 results on Thursday, July 27. The news release will provide consolidated second-quarter operating and financial information. The company's financial statements will be available on Cenovus's website, cenovus.com. Conference call: 9 a.m. MT To join the conference call without operator assistance, please register here approximately 5 minutes in advance to receive an [...]

Cenovus Energy Inc. released its 2022 environmental, social and governance report today, detailing sustainability performance and progress on its ESG targets. The company also announced a milestone to reduce absolute methane emissions in its upstream operations by 80% by year-end 2028, from a 2019 baseline. "Strong sustainability performance is fundamental to our business and we continue to pursue opportunities to [...]

The City of Lloydminster and Cenovus Energy today announced the region's newest event facility will be called the Cenovus Energy Hub. Cenovus's $5 million contribution towards naming rights, construction and programming demonstrates its continued commitment to Lloydminster and the surrounding area. "Investing in the communities where we operate is integral to how we do business," said Jon McKenzie, Cenovus President [...]

Cenovus Energy Inc. has reached separate agreements with each of Hutchison Whampoa Europe Investments S.à r.l. and L.F. Investments S.à r.l. to purchase for cancellation all of the warrants held by HWEI and LFI, respectively, representing an aggregate of 45,484,672 warrants , for $711 million in the aggregate . As part of Cenovus's combination with Husky Energy Inc., each Husky shareholder received 0.7845 of a Cenovus [...]

Cenovus Energy Inc. has safely restarted approximately 62,000 barrels of oil equivalent per day of production, from the 85,000 BOE/d impacted in May due to wildfires. Assuming the current wildfire conditions continue, Rainbow Lake operations are expected to return to production within seven to 10 days, which represents approximately 20,000 BOE/d. About 3,000 BOE/d remains offline awaiting power infrastructure to be [...]

Cenovus Energy Inc. today announced a $200,000 donation to the Canadian Red Cross 2023 Alberta Fires Appeal to help support immediate relief efforts for the people and communities impacted by the ongoing wildfire situation in the province. In addition, the company is matching employees' individual donations to fire relief efforts made through Cenovus Cares, its giving and volunteering program. Cenovus's donation will [...]