Why own Cenovus Energy?
We are a Canadian integrated oil company. Our goal is to increase total shareholder return, while applying fresh, progressive thinking to safely and responsibly unlock energy resources the world needs. We are focused on delivering predictable, reliable performance.
- Industry-leading oil sands assets
These great assets support decades of oil growth.
- A track record of strong operational results
This has allowed us to be a leader in steam-assisted gravity drainage, or SAGD.
- A manufacturing approach to oil development
This supports our industry-leading cost metrics and capital efficiencies.
- A focus on innovation
This means we’re continually improving our performance.
- An integrated approach
This improves the stability of our overall cash flow despite the variability in commodity prices.
- Financial strength
This gives us the flexibility to pursue our growth plans and support a strong and sustainable dividend.
The Depository Trust Company (“DTC”) will be terminating its participation in Dividend Reinvestment Programs (“DRIP”) for Canadian securities for all events announced with a record date beyond March 31, 2014. Please note that this affects only beneficial holders who hold common shares of Cenovus Energy Inc. (“CVE”) through DTC participant brokers in the United States and who are currently enrolled in the CVE DRIP. Please see the below link for the official notice from DTC, including information for beneficial holders who still want to participate in dividend reinvestment (Document #0064-14):