TSX:CVEOil and Gas
Does Cenovus Energy's (TSX:CVE) MEG-Driven 2026 Output Plan Reframe Its Margin Priorities?
Cenovus Energy recently issued fourth-quarter 2025 and full-year 2026 guidance, projecting upstream production of 910,000–920,000 BOE/d in late 2025 and 945,000–985,000 BOE/d in 2026, alongside downstream crude throughput of 430,000–450,000 bbls/d and about US$80 million of MEG-related transaction expenses.
The company also plans to accelerate certain one-time benefits from the MEG acquisition into 2025, while an options trading surge in its stock highlights increased investor focus on how...