Cenovus Energy

Canadian Oil Companies See Output Cuts Easing as Rail Capacity Grows

July 10, 2019

From Reuters Major Canadian oil companies, which publicly disagreed over the Alberta government’s forced curtailments this year, are in lockstep over how to end the production limits and reinvigorate the battered industry. Senior executives from Suncor Energy, Canadian Natural Resources, Imperial Oil Ltd and Cenovus Energy said at a TD Securities investor conference in Calgary on Tuesday that they are

Canada Needs Higher Takeaway Capacity and Lower Oil Price Differential

March 22, 2018

Canada is hurting for takeaway capacity—the industry needs pipelines to take its oil and gas production to market, or more locomotive hauling capacity—or both. Cenovus Energy Inc. (ticker: CVE) said it has reduced production rates due to pipeline constraints and a lower price for Canada’s oil. Cenovus is storing excess barrels in its reservoirs due to wider than normal light-heavy

Canada’s Equity Markets Embrace Energy

April 6, 2017

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

Canadian Oil Companies See Output Cuts Easing as Rail Capacity Grows

Canada Needs Higher Takeaway Capacity and Lower Oil Price Differential

Canada’s Equity Markets Embrace Energy

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