Cenovus Energy Inc CVE

Primary Symbol: T.CVE Alternate Symbol(s): CVE.WS | T.CVE.WT | T.CVE.PR.A | CNVEF | T.CVE.PR.B | T.CVE.PR.C | T.CVE.PR.E | T.CVE.PR.G

Cenovus Energy Inc. is a Canada-based integrated energy company. The Company has oil and natural gas production operations in Canada and the Asia Pacific region, and upgrading, refining and marketing operations in Canada and the United States. The Company's segments include Upstream, Downstream, and Corporate and Eliminations. Its Upstream segment includes Oil Sands, Conventional, and Offshore. Its Downstream segment consists of Canadian Manufacturing, and United States Manufacturing. The Company's upstream operations include oil sands projects in northern Alberta, thermal and conventional crude oil, natural gas and natural gas liquids (NGLs) projects across Western Canada, crude oil production offshore Newfoundland and Labrador and natural gas and NGLs production offshore China and Indonesia. The Company's downstream operations include upgrading and refining operations in Canada and the United States, and commercial fuel operations across Canada.

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Cenovus Energy Inc > Low share buyback totals only 700k for July

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Comment by cashtango00on Aug 12, 2024 4:16pm

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Post# 36175213

RE:RE:RE:RE:RE:Low share buyback totals only 700k for July

Management stated in the last conference call, they did the special div last quarter because close to the end of q1, they hadn't returned the mandated shareholder return ( didn't buy back enough) so they distributed it. They don't see that as a regular event and guided outside the .18 div, it will be all buybacks. suggested the reg div would be looked at some time in q2 '25. i suspect we will see pretty heavy buying in the Aug buyback filings. We better anyways....

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