Cenovus Energy Inc. (CVE.TO)

24.55 +0.03 (+0.12%) At close: 04:00PM EDT

Cenovus Energy Inc.

4100, 225 – 6 Avenue SW
PO Box 766
Calgary, AB T2P 0M5
Canada
403 766 2000
https://www.cenovus.com

Sector(s): Energy
Industry: Oil & Gas Integrated
Full Time Employees: 6,925

Key Executives

Name	Title	Pay	Exercised	Year Born
Mr. Alexander J. Pourbaix	Executive Chair	1.72M	N/A	1966
Mr. Jonathan M. McKenzie CA	President, CEO & Non-Independent Director	1.95M	N/A	1968
Mr. Kam S. Sandhar CA	Executive VP of Strategy & CFO	917.69k	N/A	N/A
Mr. Keith A. Chiasson	Executive VP & COO	1.06M	N/A	N/A
Mr. Joseph Drew Zieglgansberger	Executive VP & Chief Commercial Officer	1.07M	N/A	N/A
Dr. Norrie C. Ramsay	Executive VP of Upstream - Thermal & Atlantic Offshore	993.73k	N/A	N/A
Mr. Jason Abbate	Senior Vice President of Investor Relations	N/A	N/A	N/A
Mr. Gary Frederick Molnar	Senior VP of Legal, General Counsel & Corporate Secretary	N/A	N/A	N/A
Mr. Jeffery G. Lawson LLB	Senior VP of Corporate Development & Acting Chief Sustainability Officer	N/A	N/A	1969
Ms. Susan M. Anderson	Senior Vice-President of People Services	N/A	N/A	N/A

Amounts are as of December 31, 2023 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in CAD.

Description

Cenovus Energy Inc., together with its subsidiaries, develops, produces, refines, transports, and markets crude oil, natural gas, and refined petroleum products in Canada and internationally. The company operates through Oil Sands, Conventional, Offshore, Canadian Refining, and U.S. Refining segments. The Oil Sands segment develops and produces bitumen and heavy oil in northern Alberta and Saskatchewan. This segment assets include Foster Creek, Christina Lake, and Sunrise projects, as well as Lloydminster thermal and conventional heavy oil assets. The Conventional segment holds natural gas liquids and natural gas assets primarily located in Elmworth-Wapiti, Kaybob-Edson, Clearwater, and Rainbow Lake operating in Alberta and British Columbia, as well as interests in various natural gas processing facilities. The offshore segment engages in offshore operation, exploration, and development activities in China and the East Coast of Canada. The Canadian Refining segment owns and operates Lloydminster upgrading and asphalt refining complex, which converts heavy oil and bitumen into synthetic crude oil, diesel, asphalt, and other ancillary products, as well as Bruderheim crude-by-rail terminal and ethanol plants. The U.S. Refining segment refines crude oil to produce gasoline, diesel, jet fuel, asphalt, and other products. Cenovus Energy Inc. is headquartered in Calgary, Canada.

Corporate Governance

Cenovus Energy Inc.’s ISS Governance QualityScore as of October 1, 2024 is 5. The pillar scores are Audit: 4; Board: 9; Shareholder Rights: 8; Compensation: 1.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while a 10 indicates higher governance risk.