Alex Pourbaix
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Cenovus Energy CEO says current high oil prices can’t be banked on moving forwardCenovus Energy Inc. will continue to keep a tight rein on capital spending even as crude prices surge to eight-year highs, the CEO of the Calgary-based oil producer said Tuesday.EconomyFeb 9
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Cenovus retires $1 billion in debt as oil price surge lifts Canadian energy sectorThe Calgary-based oil producer earned 11 cents per share in the second quarter, compared with a loss of 19 cents per share or $235 million a year earlier.CanadaJul 29, 2021
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Vaccines, oil prices and Husky takeover boost Cenovus outlook: CEO Alex PourbaixThe CEO of Cenovus Energy Inc. says he's optimistic that his oil and gas company's second consecutive online annual shareholders meeting webcast on Wednesday will be its last.MoneyMay 12, 2021
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Cenovus Energy reports $220M Q1 profit compared with a loss a year agoCenovus reported a first-quarter profit of $220 million compared with a loss of $1.8 billion a year ago. CEO Alex Pourbaix spoke about the numbers on a conference call.MoneyMay 7, 2021
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Cenovus Energy unveils capital spending plan, confirms up to 2,150 layoffs still targetedMost of the hundreds of layoffs expected in the wake of Cenovus Energy Inc.'s takeover of rival Husky Energy Inc. have already been completed just weeks after the deal's close.MoneyJan 28, 2021
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Cenovus to buy Husky Energy for $3.8B in shares; company will remain in AlbertaThe merged Cenovus Energy Inc. will remain headquartered in Alberta.CanadaOct 25, 2020
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Cenovus Energy raises dividend, plans modest growthOilsands producer Cenovus Energy Inc. is rewarding its shareholders with a 25 per cent increase in its dividend while tightening its spending plans and maintaining "modest'' production growth expectations over the next five years.MoneyOct 2, 2019
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Oilsands producer Cenovus shares get a lift from crude rail dealsCenovus said the deals will allow it to go around clogged pipelines that are linked to multi-year high discounts in prices for Canadian heavy oil versus New York-traded benchmark crude.MoneySep 27, 2018
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Cenovus to sell Saskatchewan enhanced-oil recovery assets for $940MCenovus Energy Inc. says it is selling its majority stake in a Saskatchewan enhanced-oil recovery project to Calgary-based Whitecap Resources Inc. (TSX:WCP) for $940 million.MoneyNov 13, 2017
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