Current CVE:CA Stock Info

Cenovus announces $3.0 billion bought deal common share financing
Cenovus Energy (ticker: CVE) announced Thursday that the company closed a previously announced $3.0 billion common share financing deal. A total of 187.5 million common shares were sold at a price of $16.00 per share, according to the company’s press release. Thursday’s deal came on the heels of a $2.9 billion senior note offering Wednesday as Cenovus looks for ways to pay down its $17.7 billion acquisition of ConcoPhillips’ (ticker: COP) oil sands and Deep Basin assets in Canad...


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