Why own Cenovus Energy?
Cenovus is an innovative, technical and environmental leader in enhanced oil and natural gas development. We are a premiere integrated oil company anchored by stable production and cash flow from well-established crude oil and natural gas plays and are integrated from crude oil production through to refined products.
Our focus:
Develop our expansive high-quality bitumen reservoirs in northeast Alberta and cost-efficient refineries in the United States.
Achieve attractive total shareholder returns through a combination of growing production and reserves, achieving strong refining margins, paying a dividend and investing free cash flow in possible share buy backs.
Our strengths:
- Oil weighted growth profile
- Top-quality enhanced oil projects
- Leading SAGD operator
- High-quality refining assets
- Capture benefits of full oil value chain through integration
- Strong, reliable gas assets
- Superior financial position
