12:39:38 EDT Wed 15 Apr 2026
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Cenovus Energy Inc
Symbol CVE
Shares Issued 1,879,014,246
Close 2026-04-14 C$ 35.45
Market Cap C$ 66,611,055,021
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Globe says Cenovus CEO sees opportunity ahead

2026-04-15 08:23 ET - In the News

The Globe and Mail reports in its Wednesday edition that oil and gas chief executive officers are optimistic that a majority government in Ottawa will help accelerate the changes they want to see on energy policies. The Globe's Emma Graney writes that movement is essential, they say, so that Canada can benefit as the war in Iran continues to upend energy markets and shakes the structure of global markets. That has many governments realizing how exposed they are to an energy shock and taking a hard look at energy security. Cenovus Energy chief executive officer Jon McKenzie says: "Canada has a moment right now, but it's important that we get this right. ... If we are going to build a pipeline to the West Coast, we need the right policy reform to make sure that industry can backstop that pipeline. We have an opportunity to unlock growth in this country and we need to get it right. There's a growing recognition that Canada is not just a reliable producer with long-life reserves of the energy that the world needs and it's very responsibly produced. ... We just need to find a way to get ourselves unstuck as a country."

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