UPDATE 1-Cenovus Energy to sell Pelican Lake assets for C$975 mln [Reuters]
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: Reuters
UPDATE 1-Cenovus Energy to sell Pelican Lake assets for C$975 mln | Reuters Reuters Staff 1 Min Read (Adds details) Sept 5 (Reuters) - Canada’s Cenovus Energy Inc said on Tuesday it would sell its Pelican Lake heavy oil operations in Alberta for C$975 million ($786.92 million) and the oil company is also considering sale of other assets to reduce debt. Cenovus said the proceeds from the sale would be used to fund the acquisition of ConocoPhillips’ assets, which it purchased for $13.3 billion in March. Reuters reported in August that Canadian Natural Resources Ltd was among potential bidders for the Pelican Lake assets and was in advanced talks to buy them earlier this month. Cenovus also said on Tuesday it was close to selling its Suffield oil and natural gas assets in Alberta, which could fetch between C$500 million and C$600 million. CIBC Capital Markets and Barclays Capital Canada Inc were Cenovus’s financial advisers. ($1 = C$1.2390) (Reporting by Ahmed Farhatha in Bengaluru; Edit
Show less
Read more
Impact Snapshot
Event Time:
CVE
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
CVE alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
CVE alerts
High impacting Cenovus Energy Inc news events
Weekly update
A roundup of the hottest topics
CVE
News
- Cenovus to hold first-quarter conference call and webcast, virtual annual meeting of shareholders on May 1GlobeNewswire
- Here's Why Cenovus Energy (CVE) is a Strong Momentum Stock [Yahoo! Finance]Yahoo! Finance
- Canadian Natural: Resilience And Returns Through The Cycle [Seeking Alpha]Seeking Alpha
- Cenovus Energy (CVE) to Report Q1 Results: Wall Street Expects Earnings Growth [Yahoo! Finance]Yahoo! Finance
- Cenovus Energy (CVE) Surged on WTI Oil Price Increase [Yahoo! Finance]Yahoo! Finance
CVE
Earnings
- 2/15/24 - Beat
CVE
Sec Filings
- 3/27/24 - Form 6-K
- 3/27/24 - Form 6-K
- 3/27/24 - Form 6-K
- CVE's page on the SEC website