TSX:CVEOil and Gas
Cenovus Energy (TSX:CVE) Redeems Series 7 Preferred Shares And Manages Alberta Wildfire Impact
Cenovus Energy (TSX:CVE) recently announced a significant operational update related to wildfires in Alberta and detailed a preferred stock redemption, which are key factors potentially influencing its share price movement. Over the past month, the company's stock rose by 8.78%, coinciding with these updates and the broader energy sector's buoyancy amid rising crude oil prices. The market, buoyed by positive earnings reports and easing trade tensions, also saw gains, with major indices...