Company

Cenovus Energy Inc.

Headquarters: Calgary, AB, Canada

Founded: 2009

Employees: 5,938

CEO: Mr. Alexander J. Pourbaix

TSX: CVE +0.04%

Market Cap

C$49.95 Billion

CAD as of July 1, 2024

US$36.37 Billion

Market Cap History

Company Description

Cenovus Energy Inc., headquartered in Calgary, Canada, is involved in developing, producing, refining, transporting, and marketing crude oil and natural gas, both domestically and internationally. Operating through segments like Oil Sands, Conventional, Offshore, Canadian Manufacturing, and U.S. Manufacturing, it focuses on bitumen and heavy oil production in northern Alberta and Saskatchewan. Additionally, the company has interests in natural gas assets and facilities, offshore operations, refining processes in both Canada and the U.S., and crude-by-rail and ethanol plants.

Cenovus Energy Inc. market capitalization over time

Evolution of Cenovus Energy Inc. market cap in the past 5 years

Market capitalizations are calculated from the opening stock price at the beginning of each month.

Market Cap History of Cenovus Energy Inc.

Detailed Description

Cenovus Energy Inc., together with its subsidiaries, develops, produces, refines, transports, and markets crude oil and natural gas in Canada and internationally. The company operates through Oil Sands, Conventional, Offshore, Canadian Manufacturing, and U.S. Manufacturing segments. The Oil Sands segment develops and produces bitumen and heavy oil in northern Alberta and Saskatchewan. This segment assets include Foster Creek, Christina Lake, and Sunrise projects, as well as Lloydminster thermal and conventional heavy oil assets. The Conventional segment holds natural gas liquids and natural gas assets primarily located in Elmworth-Wapiti, Kaybob-Edson, Clearwater, and Rainbow Lake operating in Alberta and British Columbia, as well as interests in various natural gas processing facilities. The offshore segment engages in offshore operation, exploration, and development activities in China and the East Coast of Canada. The Canadian Manufacturing segment comprises the owned and operated Lloydminster upgrading and asphalt refining complex, which converts heavy oil and bitumen into synthetic crude oil, diesel, asphalt, and other ancillary products, as well as owns and operates the Bruderheim crude-by-rail terminal and ethanol plants; and markets its production of its own and third-party products. The U.S. Manufacturing segment includes the refining of crude oil to produce gasoline, diesel, jet fuel, asphalt, and other products. Cenovus Energy Inc. was founded in 2009 and is headquartered in Calgary, Canada.

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Product & Services

Oil, Natural gas

Key People

Alex Pourbaix (CEO), Keith A. Mac Phail (Board Chair)

Financials

Revenue: $21.4 billion CAD (2019)

Details

Headquarters:

225, 6 Avenue SW

PO Box 766

Calgary, AB T2P 0M5

Canada

Phone: 403 766 2000

Fax: 403 766 7600