Cenovus Energy Inc - Company Profile
Powered by 
All the data and insights you need on Cenovus Energy Inc in one report.
$295
- Save hours of research time and resources with
our up-to-date Cenovus Energy Inc Strategy Report
- Understand Cenovus Energy Inc position in the market,
performance and strategic initiatives.
- Gain competitive edge and increase your
chances of success
Related keylists
Business Description
Cenovus Energy Inc (Cenovus), an integrated oil and gas company, develops oil sands projects in northern Alberta, Canada. It has presence across the value chain including midstream and downstream operations. It also has a land base with significant production in the Deep Basin in Alberta and British Columbia. The company operates through five reportable business segments, Oil Sands, Conventional, Offshore, Canadian Manufacturing, U.S. Manufacturing, and Offshore. In FY2022, the company’s capital expenditure stood at CAD3,708 million, which increased 44.7% YoY.
Business Segments
Overview
Explores and produces natural gas and natural gas liquids (NGLs) from Elmworth-Wapiti, Kaybob-Edson, and Clearwater operating areas Holds interests in natural gas processing facilities In FY2022, the segment’s capital expenditure stood at CAD344 million, which increased 55% YoY.
Performance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat.
Overview
Develops and produces bitumen in northeast Alberta, Canada. Assets include Christina Lake and Foster Creek projects, both of which are producing, Narrows Lake, Telephone Lake and other projects in the early stages of development. Owns natural gas property in Athabasca. Cenovus implements steam-assisted gravity drainage (SAGD) technology to recover bitumen. In FY2022, the segment’s capital expenditure stood at CAD1,792 million, which increased 75.9% YoY.
Performance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat.
Overview
Includes the owned and operated Lloydminster upgrading and asphalt refining complex which upgrades heavy oil and bitumen into synthetic crude oil, diesel fuel, asphalt and other ancillary products. Owns and operates Bruderheim crude-by-rail terminal and two ethanol plants. As of December 2022, segment expenditure was CAD117 million, that grew 72.1% YoY.
Performance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat.
Overview
Includes Offshore operations, exploration and development activities in China, operates equity-accounted investment in the HCML joint venture in Indonesia, and exploration and development activities off the east coast of Canada. Reported capital expenditure of CAD310 million that grew 87.9% YoY
Performance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat.
Overview
Operates through the wholly-owned Lima Refinery and Superior Refinery, and jointly-owned Toledo, Wood River, and Borger refineries. In FY2022, Operating expenses stood at CAD1,059 million, that grew 6.4% YoY.
Performance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat.
Geographical Segments
Performance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat.
Performance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat.
Performance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat.
Still looking?
Have you found what you were looking for? From start-ups to market leaders, uncover what they do and how they do it.
Explorer
Access more premium companies when you subscribe to Explorer