Cenovus Energy Inc. Stock News

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Cenovus Energy delivered a major earnings beat. The refinery sale provided roughly C$1.8 billion in incoming cash. Significant share buybacks of nearly C$1 billion highlighted management's confidence in the company's value.

Cenovus Energy Inc. ( CVE:CA ) Q3 2025 Earnings Call October 31, 2025 11:00 AM EDT Company Participants Patrick Read Jonathan McKenzie - President, CEO & Non-Independent Director Kam Sandhar - Executive VP & CFO Eric Zimpfer - Head of Downstream Andrew Dahlin Conference Call Participants Menno Hulshof - TD Cowen, Research Division Patrick O'Rourke - ATB Capital Markets Inc., Research Division A...

CALGARY, Alberta, Oct. 31, 2025 (GLOBE NEWSWIRE) -- Cenovus Energy Inc. (TSX: CVE) (NYSE: CVE) today announced its third-quarter 2025 financial and operating results. The company generated approximately $2.1 billion in cash from operating activities, $2.5 billion of adjusted funds flow and $1.3 billion of free funds flow. Operating results in the quarter included record Upstream production of 8...

The board of Canadian oil sands company MEG Energy adjourned its expected shareholder vote Thursday on a buyout by Cenovus Energy , saying a regulatory inquiry has prompted the need to disclose additional information.

MEG Energy paused the shareholder meeting to vote on the Cenovus Energy takeover bid on Thursday, to address a "regulatory inquiry" it received on Wednesday evening.

Cenovus Energy Inc (TSX:CVE) announced on Monday that it has increased its takeover offer for MEG Energy Corp (TSX: MEG) once again, now winning the support of Strathcona Resources Ltd, which had previously opposed the agreement.  Under the new proposal, Cenovus will pay $30 in cash, or 1.255 Cenovus shares, for each MEG share with limits of $3.8 billion in cash and 159.6 million shares availab...

MEG Energy said on Monday Cenovus Energy has further sweetened its takeover offer for the company to C$30.00 per share, ahead of the shareholder vote.