Cenovus reports increased profit due to MEG acquisition

Summary

Cenovus reported a significant profit increase in the fourth quarter, attributed to its acquisition of MEG Energy. The acquisition has boosted Cenovus's output, enhancing its financial performance.

Recent Coverage

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  Oil Sands Magazine • Feb 20

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• Cenovus Energy Q4 Earnings Skyrocket on Record Production

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• Cenovus earnings beat expectations as MEG acquisition boosts output

  Financial Post - Oil & Gas Feed • Feb 19

• Cenovus ready to back new pipeline capacity as output nears one million barrels per day

  Financial Post - Oil & Gas Feed • Feb 19