Stockhouse.com uses cookies on this site. By continuing to use our service, you agree to our use of cookies. Cookies are used to offer you a better browsing experience and to analyze our traffic. We also use them to share usage information with our partners. See full details.
I Agree
×
Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Privacy Policy | Disclaimer

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Privacy Policy | Disclaimer
Please Try Again {{ error }}

Send my password

Return to Login
SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
News Focus
Freegold Intersects 3.62 g/t Au over 42m and 1.23 g/t Au over 170.7m (click to learn more)
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Cenovus Energy Inc T.CVE

Alternate Symbol(s):  CVE | 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

Energy Oil & Gas Integrated
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.


TSX:CVE - Post by User

Cenovus Energy Inc
<< Previous
 Bullboard Posts
Next >>
User Avatar Image
(5838)
•••
Post by retiredcfon Nov 08, 2024 8:49am
119 Views
Post# 36302793

RBC

RBC

November 7, 2024

Cenovus Energy Inc.
Announces Renewal of Share Buyback Program

TSX: CVE | CAD 22.57 | Outperform | Price Target CAD 28.00

Sentiment: Neutral

Cenovus Energy announced today that the Toronto Stock Exchange (TSX) has approved the renewal of the company’s normal course issuer bid (NCIB).

Key Points

• Under the NCIB renewal, Cenovus can purchase up to 127.5 million common shares (10% of its public float outstanding) from November 11, 2024 to November 10, 2025.

  • As of October 31, Cenovus has repurchased approximately $1.6 billion (circa 64.7 million shares at a weighted-average price of $25.20 per share) of its common shares under its current NCIB, which is set to expire November 8.

  • Cenovus achieved its $4 billion net debt target in July which unlocked 100% payout of excess funds flow towards shareholder returns.


 



<< Previous
 Bullboard Posts
Next >>
Dealroom for high-potential pre-IPO opportunities