CVE - Cenovus Energy - Stock Price & Dividends

Cenovus Energy Inc. is a leading energy company that explores, develops, and markets a range of energy products, including crude oil, natural gas, and refined petroleum products, across Canada and internationally.

The company's operations are divided into five key segments: Oil Sands, Conventional, Offshore, Canadian Refining, and U.S. Refining. The Oil Sands segment is focused on developing and producing heavy oil and bitumen in northern Alberta and Saskatchewan, with major projects including Foster Creek, Christina Lake, and Sunrise.

In addition to its oil sands operations, Cenovus also has a significant Conventional segment, which holds natural gas liquids and natural gas assets primarily located in Alberta and British Columbia. This segment includes interests in various natural gas processing facilities, as well as operating areas such as Elmworth-Wapiti, Kaybob-Edson, Clearwater, and Rainbow Lake.

Cenovus also has an Offshore segment, which is engaged in exploration, development, and production activities in China and the East Coast of Canada. This segment provides the company with a diverse range of opportunities to grow its energy production.

In terms of refining, Cenovus has two key segments: Canadian Refining and U.S. Refining. The Canadian Refining segment owns and operates the Lloydminster upgrading and asphalt refining complex, which converts heavy oil and bitumen into synthetic crude oil, diesel, asphalt, and other products. This segment also includes the Bruderheim crude-by-rail terminal and ethanol plants.

The U.S. Refining segment, on the other hand, refines crude oil to produce a range of products, including gasoline, diesel, jet fuel, asphalt, and other petroleum products. This segment provides Cenovus with a significant presence in the U.S. energy market.

Headquartered in Calgary, Canada, Cenovus Energy Inc. is a major player in the global energy industry, with a strong commitment to safety, sustainability, and community engagement. For more information, visit the company's website at https://www.cenovus.com.