CVE.TO - Cenovus Energy Inc.

Toronto - Toronto Delayed Price. Currency in CAD

Cenovus Energy Inc.

2600, 500 Centre Street S.E.
Calgary, AB T2G 1A6

SectorBasic Materials
IndustryMajor Integrated Oil & Gas
Full Time Employees2,775

Key Executives

Mr. Brian Charles Ferguson C.A.CEO, Pres & Non-Independent Director2.67MN/A60
Mr. Ivor Melvin Ruste F.C.A.Chief Financial Officer and Exec. Vice-Pres1.15MN/A61
Mr. Harbir Singh ChhinaChief Technology Officer and Exec. Vice-Pres1.13MN/AN/A
Mr. Kieron McFadyenExec. Vice-Pres and Pres of Upstream Oil & Gas1.72MN/AN/A
Mr. Robert William PeasePres of Downstream & Director of U.S. Operations1.17MN/AN/A
Amounts are as of December 31, 2016 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.


Cenovus Energy Inc. develops, produces, and markets crude oil, natural gas liquids (NGLs), and natural gas in Canada. Its Oil Sands segment develops and produces bitumen and natural gas in northeast Alberta. This segment’s bitumen assets include Foster Creek, Christina Lake, and Narrows Lake, as well as projects in the early stages of development, such as Telephone Lake. This segment also holds the Athabasca natural gas assets. The company’s Conventional segment engages in the development and production of conventional crude oil, NGLs, and natural gas in Alberta and Saskatchewan in Canada. This segment also holds the carbon dioxide enhanced oil recovery project at Weyburn; and has a land base with production in the Deep Basin, including a liquids-rich natural gas fairway in Alberta and British Columbia. Its Refining and Marketing segment transports, sells, and refines crude oil into petroleum and chemical products. This segment owns a 50% interest ownership in two refineries in the United States; owns and operates a crude-by-rail terminal in Alberta; and markets third-party purchases and sales of product. The company is headquartered in Calgary, Canada.

Corporate Governance

Cenovus Energy Inc.’s ISS Governance QualityScore as of October 4, 2017 is 3. The pillar scores are Audit: 1; Board: 2; Shareholder Rights: 1; Compensation: 6.

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.