Cenovus Energy Inc.

Cenovus Energy Inc. announced today that the Toronto Stock Exchange has accepted the company's notice of intention to implement a normal course issuer bid to purchase up to 146,451,823 common shares during the 12-month period commencing November 9, 2021 and ending November 8, 2022. Cenovus's intention to launch a share buyback program, along with its recently announced dividend increase, are consistent with the company's [...]

Cenovus Energy Inc. continued its strong and reliable operating performance in the third quarter of 2021. Total upstream production of almost 805,000 barrels of oil equivalent per day i drove solid financial results. The company generated third-quarter cash from operating activities of $2.1 billion and adjusted funds flow of $2.3 billion. Free funds flow of $1.7 billion and strategic refinancing transactions resulted in a [...]

Cenovus Energy Inc. will release its 2021 third quarter results on Wednesday, November 3. The news release will provide consolidated third quarter operating and financial information. Financial statements will be available that day on Cenovus's website. Conference call: 9 a.m. MT To listen live: 888-254-3590 or 647-484-0478 Access the live audio webcast here. Cenovus Energy Inc. Cenovus Energy Inc. is an integrated energy [...]

Cenovus Energy Inc. and Headwater Exploration Inc. have closed the previously announced bought deal secondary offering of common shares of Headwater . The Offering was completed on a bought deal basis, pursuant to an underwriting agreement dated effective September 27, 2021 among the Company, Cenovus, Cenovus Marten Hills Partnership, a wholly-owned subsidiary of Cenovus , and a syndicate of underwriters led by Peters [...]

Cenovus Energy Inc. and Headwater Exploration Inc. announced today that, due to strong demand, they have agreed with the syndicate of underwriters led by Peters & Co. Limited and BMO Capital Markets to increase the size of the bought deal secondary offering announced on September 27, 2021. Cenovus, through its wholly owned subsidiary, Cenovus Marten Hills Partnership , will now sell 45,000,000 common shares of the Company [...]

Cenovus Energy Inc. and Headwater Exploration Inc. announced today that they have entered into an agreement with Peters & Co. Limited and BMO Capital Markets , on behalf of a syndicate of underwriters , pursuant to which the Underwriters have agreed to purchase, on a bought deal basis, from Cenovus, through its wholly owned subsidiary, Cenovus Marten Hills Partnership , 25,000,000 common shares of the Company at a price [...]

Cenovus Energy Inc. today announced the pricing terms of its previously announced cash tender offer for up to an increased maximum aggregate purchase price of $1,250,000,000 of its outstanding 3.800% Notes due 2023 , its outstanding 4.000% Notes due 2024 , its outstanding 5.375% Notes due 2025 , its outstanding 4.250% Senior Notes due 2027 and its outstanding 4.400% Notes due 2029 . As previously announced, Cenovus has [...]

Cenovus Energy Inc. today announced the early tender results of its previously announced cash tender offer and that it has increased the maximum aggregate purchase price for the Maximum Tender Offer from up to a maximum aggregate purchase price of $1,000,000,000 to up to a maximum aggregate purchase price of $1,250,000,000 of its outstanding 3.800% Notes due 2023 , its outstanding 4.000% Notes due 2024 , its outstanding [...]

Cenovus Energy Inc. announced today that on October 20, 2021 it will redeem the entire outstanding principal amount of its 3.950% notes due April 15, 2022 and 3.000% notes due August 15, 2022 . Cenovus has issued notices to the trustees of the Notes to redeem the Notes on the Redemption Date. On the Redemption Date, Cenovus will pay to the registered holders of the Notes a redemption price calculated in accordance with [...]

Cenovus Energy Inc. today announced that its previously announced cash tender offer for any and all of its outstanding 3.950% Notes due 2022 and 3.000% Notes due 2022 expired at 5:00 p.m., New York City time, on September 15, 2021. According to information provided by D.F. King & Co., Inc., the tender and information agent for the Any and All Tender Offer, $252,644,000 aggregate principal amount of the 3.950% Notes and [...]