TSX:CVEOil and Gas
Cenovus Energy (TSX:CVE) Valuation Check As FERC Subpoena Puts Regulatory Focus On Pipeline Market Power
Cenovus Energy (TSX:CVE) is drawing fresh attention after the U.S. Federal Energy Regulatory Commission granted a second subpoena request related to market power issues in an ongoing Pembina Cochin pipeline proceeding.
See our latest analysis for Cenovus Energy.
The FERC subpoena arrives at a time when momentum in Cenovus Energy’s shares already looks strong, with a 30 day share price return of 22.5% and a 1 year total shareholder return of 95.1% suggesting buyers have been willing to take on...