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Cenovus Energy Inc. (CVE)

NYSE - NYSE Delayed Price. Currency in USD
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20.85+0.19 (+0.92%)
At close: 04:00PM EDT
20.45 -0.40 (-1.92%)
After hours: 07:50PM 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
IndustryOil & Gas Integrated
Full Time Employees6,925

Key Executives

NameTitlePayExercisedYear Born
Mr. Alexander J. PourbaixExecutive Chair1.25MN/A1966
Mr. Jonathan M. McKenzie CAPresident, CEO & Non-Independent Director1.41MN/A1968
Mr. Kam S. Sandhar CAExecutive VP of Strategy & CFO664.9kN/AN/A
Mr. Keith A. ChiassonExecutive VP & COO765.31kN/AN/A
Mr. Joseph Drew ZieglgansbergerExecutive VP & Chief Commercial Officer775.5kN/AN/A
Dr. Norrie C. RamsayExecutive Vice President of Upstream – Thermal & Offshore719.99kN/AN/A
Mr. Jeffrey Ryan HartExecutive Vice-President of Corporate & Operations Services720.41kN/AN/A
Mr. Jason AbbateSenior Vice President of Investor RelationsN/AN/AN/A
Mr. Gary Frederick MolnarSenior VP of Legal, General Counsel & Corporate SecretaryN/AN/AN/A
Mr. Jeffery G. Lawson LLBSenior VP of Corporate DevelopmentN/AN/A1969
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 USD.

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 April 1, 2024 is 5. The pillar scores are Audit: 3; Board: 9; Shareholder Rights: 7; 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.