Cenovus Energy

Yahoo Finance • 6 days ago

Does Cenovus Energy’s Strong Cash Flow Signal More Growth for 2025?

Thinking about what to do next with Cenovus Energy stock? You are not alone. With shares closing recently at $23.41, and a five-year return of a staggering 401.5%, Cenovus has certainly rewarded long-term holders. But current price action... Full story

Yahoo Finance • 7 days ago

Cenovus releases presentation on MEG transaction highlighting superior value for shareholders

CALGARY, Alberta, Sept. 18, 2025 (GLOBE NEWSWIRE) -- Cenovus Energy Inc. (TSX: CVE) (NYSE: CVE) today released a presentation outlining the compelling advantages of its transaction with MEG Energy. The transaction was unanimously approve... Full story

Yahoo Finance • 17 days ago

Phillips 66 To Acquire Cenovus Stake In WRB Refining For $1.4 Billion Cash Deal

Phillips 66 (NYSE:PSX) announced on Tuesday that it will acquire the remaining 50% stake in WRB Refining LP from Cenovus Energy Inc. (NYSE:CVE) for $1.4 billion in cash, giving it full ownership of two U.S. refineries it has operated since... Full story

Yahoo Finance • 17 days ago

Phillips 66 to buy remaining stake in WRB Refining from Cenovus in $1.4B deal

[Oil Refinery at Dusk (Tilt-Shift)] halbergman/E+ via Getty Images Phillips 66 (NYSE:PSX [https://seekingalpha.com/symbol/PSX]) said Tuesday it agreed to acquire [https://seekingalpha.com/pr/20225427-phillips-66-announces-agreement-to-pur... Full story

Yahoo Finance • 17 days ago

Cenovus Energy to sell interest in WRB Refining to Phillips 66

CALGARY, Alberta, Sept. 09, 2025 (GLOBE NEWSWIRE) -- Cenovus Energy Inc. (TSX: CVE) (NYSE: CVE) today announced it has reached an agreement for the sale, indirectly through wholly-owned subsidiaries, of its 50% interest in WRB Refining L... Full story

Yahoo Finance • 17 days ago

Strathcona raises offer for MEG Energy, seeking to outbid Cenovus

[Pumpjack Silhouette on the Great Plains in Alberta] ImagineGolf/E+ via Getty Images Strathcona Resources (OTCPK:STHRF [https://seekingalpha.com/symbol/STHRF]) raised its takeover offer [https://seekingalpha.com/pr/20223596-strathcona-res... Full story

Yahoo Finance • 23 days ago

Strathcona buys $190.8M stake in MEG Energy, opposes Cenovus takeover

[Oil Production and Financial Chart] bymuratdeniz Strathcona Resources (TSX:SCR:CA [https://seekingalpha.com/symbol/SCR:CA]) has acquired [https://seekingalpha.com/pr/20218452-strathcona-resources-ltd-confirms-acquisition-of-additional-co... Full story

Yahoo Finance • 26 days ago

Key deals this week: Hawkins, Canada Goose, AbbVie, Verint and more

Here's a list of key deals reported across sectors this week: Strathcona Resources (OTCPK:STHRF [https://seekingalpha.com/symbol/STHRF]) said late Thursday it plans [https://seekingalpha.com/news/4490517-strathcona-to-buy-5-stake-in-meg-e... Full story

Yahoo Finance • 27 days ago

Strathcona to buy 5% stake in MEG Energy after failed bid, opposes Cenovus deal

[Pumpjack Silhouette on the Great Plains in Alberta] ImagineGolf/E+ via Getty Images Strathcona Resources (OTCPK:STHRF [https://seekingalpha.com/symbol/STHRF]) said late Thursday it plans to purchase an additional 5% stake [https://seekin... Full story

Yahoo Finance • 27 days ago

Sector Update: Energy Stocks Edge Higher Premarket Friday

Energy stocks were edging higher premarket Friday, with the Energy Select Sector SPDR Fund (XLE) adv PREMIUM Upgrade to read this MT Newswires article and get so much more. A Silver or Gold subscription plan is required to access premiu... Full story

Yahoo Finance • last month

Cenovus Energy (CVE) to Acquire MEG Energy Corp

Cenovus Energy Inc. (NYSE:CVE) is one of the Most Undervalued International Stocks According to Analysts. On August 22, Cenovus Energy Inc. (NYSE:CVE) announced that it will acquire MEG Energy Corp in a deal worth $7.9 billion, including d... Full story

Yahoo Finance • last month

Cenovus Energy (CVE) Enters Into a Definitive Agreement to Acquire MEG Energy Corp.

Cenovus Energy Inc. (NYSE:CVE) is one of the best cheap strong buy stocks to buy now. On August 22, Cenovus Energy Inc. (NYSE:CVE) announced that it entered into a definitive agreement to acquire MEG Energy Corp. in a cash and stock transa... Full story

Yahoo Finance • last month

Key deals this week: Vital Energy, Dayforce, Nexstar Media, Workday, Salesforce and more

Here's a list of key deals reported across sectors this week: Vital Energy (NYSE:VTLE [https://seekingalpha.com/symbol/VTLE]) +6.4% post-market Friday following [https://seekingalpha.com/news/4488539-crescent-energy-nears-deal-for-permian... Full story

Yahoo Finance • last month

Strathcona will vote against Cenovus offer for MEG Energy, founder Waterous says

[Pumpjack Silhouette on the Great Plains in Alberta] ImagineGolf/E+ via Getty Images Strathcona Resources (OTCPK:STHRF [https://seekingalpha.com/symbol/STHRF]) will vote against [https://www.bloomberg.com/news/articles/2025-08-22/waterous... Full story

Yahoo Finance • last month

Stocks making the biggest moves midday: Microchip Technology, Builders FirstSource, Zoom Communications and more

Here are some of the stocks posting the biggest moves in midday trading Friday. Mohawk Industries , Builders FirstSource – Home construction plays jumped after Federal Reserve Chair Jerome Powell hinted that rate cuts could be around the c... Full story

Yahoo Finance • last month

Stocks making the biggest moves premarket: Nvidia, Intuit, Workday, Ross Stores and more

Check out the companies making headlines before the bell. Nvidia – The artificial intelligence chip darling fell more than 1% after it reportedly asked some of its component suppliers to halt production of its H20 graphics processing units... Full story

Yahoo Finance • last month

Cenovus Energy to buy MEG Energy in C$7.9B deal, topping Strathcona bid

[prairie morning winter] chinaface/E+ via Getty Images Cenovus Energy (NYSE:CVE [https://seekingalpha.com/symbol/CVE]) agreed to acquire [https://seekingalpha.com/pr/20208967-cenovus-announces-agreement-to-acquire-meg-energy] MEG Energy (... Full story

Yahoo Finance • last month

Cenovus To Buy MEG In $7.9 Bln Cash And Stock Deal

(RTTNews) - Cenovus Energy Inc. (CVE) Friday said it has agreed to acquire MEG Energy Corp. (MEG) in a cash and stock deal valued at $7.9 billion. As per the deal, Cenovus will acquire MEG for $27.25 per share, to be paid 75% in cash and... Full story

Yahoo Finance • last month

Cenovus announces agreement to acquire MEG Energy

CALGARY, Alberta, Aug. 22, 2025 (GLOBE NEWSWIRE) -- Cenovus Energy Inc. (TSX: CVE) (NYSE: CVE) today announced that it has entered into a definitive arrangement agreement to acquire MEG Energy Corp. (TSX: MEG) (“MEG”) in a cash and stock... Full story