Cenovus Energy Inc.

Cenovus Energy Inc. today announced it has commenced tender offers to purchase for cash any and all of its outstanding 3.950% Notes due 2022 and its outstanding 3.000% Notes due 2022 and up to a maximum aggregate purchase price of $1,000,000,000 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 [...]

Cenovus Energy Inc. has entered into agreements with its partners in the Atlantic region to restructure its working interests in the Terra Nova and White Rose projects, providing improved economics for the company's regional portfolio. These agreements will increase Cenovus's working interest in Terra Nova and, if a decision is taken to restart West White Rose, reduce the company's working interest in the White Rose [...]

Cenovus Energy Inc. continues to demonstrate the strengths of the company's integrated portfolio in its second quarter results, generating cash from operating activities of $1.4 billion, adjusted funds flow of $1.8 billion and free funds flow of $1.3 billion, supporting a reduction in net debt of nearly $1 billion since March 31, 2021. Total production of nearly 770,000 barrels of oil equivalent per day despite planned [...]

Cenovus Energy Inc. will release its 2021 second quarter results on Thursday, July 29. The news release will provide consolidated second 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: 888-390-0605 or 416-764-8609. Access the live audio webcast here. Cenovus Energy Inc. Cenovus Energy Inc. is an integrated energy [...]

Cenovus Energy Inc. has entered into a power purchase agreement to buy solar-power produced electricity and the associated emissions offsets from a partnership between Cold Lake First Nations and Elemental Energy Inc., helping Cenovus advance two of its environmental, social & governance focus areas by addressing climate & greenhouse gas emissions as well as further supporting Indigenous reconciliation through economic [...]

Cenovus Energy Inc. has published its 2020 environmental, social & governance data report, the first for the company following its combination with Husky Energy Inc. on January 1, 2021. This report is one of several important sustainability milestones for Cenovus this year and highlights the ESG metrics for each legacy company enabling investors, the financial community and rating agencies to assess our ongoing [...]

Cenovus Energy Inc. has sold its gross overriding royalty in the Marten Hills area of Alberta to Topaz Energy Corp. for gross cash proceeds of $102 million. The sale successfully closed today with a May 1, 2021 effective date. Cenovus will use the sale proceeds to reduce net debt, consistent with its commitment to use non-core asset sales to accelerate deleveraging to achieve the company's interim net debt target of $10 [...]

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 [...]