Cenovus

• MEG Energy-Cenovus deal clears key shareholder vote after delays

  Three vote delays, two sweetened bids and countless other twists and turns later, MEG Energy shareholders have given their blessing to an $8.6-billion takeover by Cenovus Energy.

  Money

  Nov 6
  
• Cenovus reports higher Q3 profits, Imperial Oil has mixed financial results

  Cenovus and Exxon both published their third-quarter financial results on Friday as world oil markets continue to be impacted by Trump tariffs and increased production from OPEC+.

  Economy

  Oct 31
  
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• Cenovus Energy raises MEG Energy offer, wins support from Strathcona Resources

  Strathcona Resources, which recently dropped its own hostile all-stock offer for MEG Energy, now says it intends to vote its 14.2 per cent stake in favour of the new Cenovus bid.

  Money

  Oct 27
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• Investment firm says MEG-Cenovus deal undermines fair bidding process

  'This is, in effect, a stuffing of the proxy ballot box to tip the scales towards the offer that rewards the board the most, but doesn't reward the shareholders the most.'

  Money

  Oct 15
• Cenovus Energy reports reduced oil production due to spring wildfires

  One of Canada's biggest oil producers said Wednesday that it took a hit to its bottom line due to spring wildfires in northern Alberta.

  Economy

  Jul 31
• Cenovus floated as potential competing bidder for hostile takeover target MEG Energy

  Oilsands giant Cenovus has been cited by industry watchers as a potential competing bidder for MEG Energy, which spurned an unsolicited offer from Strathcona Resources.

  Money

  Jul 25
• US depends on Canadian oil, despite Trump’s comments, Cenovus CEO says

  The CEO of Cenovus Energy said the economies of Canada and the U.S. are inextricably linked, despite President Trump's claims the U.S. doesn't need to import anything from Canada.

  Economy

  Jun 10
• Northern Alberta hamlet of Conklin getting 21 new homes thanks to Cenovus donation

  The hamlet of Conklin is getting several new homes thanks to a $50 million project funded by Cenovus, which has several oil and gas operations in the northeastern Alberta region.

  Canada

  Sep 10, 2024
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• Trans Mountain pipeline tolling dispute could stretch into mid-2025: Cenovus

  Cenovus Energy executives warn it could be well into next year before oil companies resolve their ongoing dispute with Trans Mountain over rising pipeline shipping fees.

  Money

  May 1, 2024
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• Cenovus Energy teams up with Alberta First Nations to build homes amid housing crisis

  More than 120 homes have been funded by Cenovus Energy Inc.'s Indigenous Housing Initiative, with the goal of getting to 200.

  Canada

  May 1, 2024