Cenovus Energy Inc.
CVECenovus Energy Inc. is a Canadian integrated oil and natural gas producer focused on the development, production, and marketing of conventional and oil sands resources. Established in 2009 through the merger of Encana Corporation's oil and gas assets with part of Hathaway Canada Inc., the company primarily operates in Alberta and British Columbia. Cenovus is known for its upstream oil and gas operations, including heavy crude oil and synthetic crude production, and has expanded into renewable energy initiatives.
Dividend History
Investors can expect a dividend payout of $0.20 per share, scheduled to be distributed in 23 days on December 31, 2025
| Pay Date | Amount | Ex-Date | Record Date |
|---|---|---|---|
| December 31, 2025 | $0.20 | 2025-12-15 | 2025-12-15 |
| September 29, 2025 | $0.20 | 2025-09-15 | 2025-09-15 |
| June 30, 2025 | $0.20 | 2025-06-13 | 2025-06-13 |
| March 31, 2025 | $0.18 | 2025-03-14 | 2025-03-14 |
| December 31, 2024 | $0.18 | 2024-12-13 | 2024-12-13 |
Dividends Summary
- Cenovus Energy Inc. has issued 63 dividend payments over the past 16 years
- The most recent dividend was paid 70 days ago, on September 29, 2025
- The highest dividend payed out to investors during this period was $0.27 per share
- The average dividend paid during this period was $0.14 per share.
Company News
Cenovus Energy has priced a $2.6 billion offering of senior unsecured notes across Canadian and U.S. dollar denominations, with varying coupon rates and maturities. The proceeds will be used to redeem existing notes and for general corporate purposes.
Cenovus Energy completed its acquisition of MEG Energy Corp., adding approximately 110,000 barrels per day of low-cost, long-life oil sands production to its portfolio for a total consideration of $4.19 billion.
The article discusses three lesser-known oil stocks - Suncor Energy, Cenovus Energy, and TotalEnergies - that could benefit from a potential boost in the energy sector under a second Trump administration. The companies are highlighted for their operational expansions, undervaluation, and growth potential.
Wildfires in Alberta, Canada have disrupted oil sands production, with several key producers facing immediate threats. The fires have placed over 400,000 barrels per day of Canada's oil production at risk, leading to curtailed production and evacuation of non-essential personnel from affected sites.
Cenovus Energy has strong growth prospects and a business model with diversified operations in upstream production and refining. Find out why CVE stock is a Buy.
