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0.000560538116592016 -0.000106502242152417 0.000280269058296108 -0.0033632286995515 -0.00392376681614351 0.00392376681614351 0.00448430493273553 0.000560538116592016
Stock impact report

Cenovus Energy (CVE) Maps Out an Ambitious 5-Year Expansion Plan [Yahoo! Finance]

Cenovus Energy Inc (CVE) 
Last cenovus energy inc earnings: 4/29 06:00 am Check Earnings Report
US:NYSE Investor Relations: cenovus.com/disclaimerir
Company Research Source: Yahoo! Finance
This ambitious move comes in tandem with the expansion of Canada's pipeline capacity, signaling a pivotal shift in the country's oil landscape. On Cenovus Energy's annual investor day in Toronto, Drew Zieglgansberger, the company's chief commercial officer, underscored the importance of the expansion. He emphasized that it signifies a fresh avenue into global markets, highlighting the possibility of enhanced market access and improved competitiveness. The company outlined its ambitious roadmap to boost production to 950,000 barrels of oil equivalent per day (boe/day), leveraging the expansion of Canada's pipeline capacity. The planned production surge involves a substantial increase of 150,000 boe/day during the specified period. This potential growth includes (anticipated) additions of 30,000 bbl/day from Foster Creek, 20,000-30,000 bbl/day from Narrows Lake, 15,000-20,000 bbl/day from Sunrise, and 45,000 bbl/day from West White Rose. CVE envisions a notable rise in oil sands p Show less Read more
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