Cenovus Energy Inc. (TSX/NYSE: CVE) is a Canadian energy company with oil & gas exploration activities in Western Canada, Atlantic Canada and Asia Pacific regions. In addition, CVE conducts upgrading, refining and marketing operations in Canada and the United States. In January, the company closed its all-stock combination with Husky Energy, thus creating an integrated Canadian oil and gas company with a diverse portfolio of upstream and downstream operations. The combined entity, which carries a $31.7 billion market cap, makes CVE Canada’s third largest oil and natural gas producer and the second largest refiner of products.
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By Charles Marleau CIM® and William Mitchell CIM®
By Charles Marleau CIM® and William Mitchell CIM®