CVE - Cenovus Energy Inc.

NYSE - Nasdaq Real Time Price. Currency in USD

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 Employees5,998

Key Executives

NameTitlePayExercisedYear Born
Mr. Alexander J. PourbaixExec. Chair2.4MN/A1966
Mr. Jonathan M. McKenzie CAPres, CEO & Non-Independent Director1.11MN/A1968
Mr. Jeffrey Ryan HartExec. VP & CFO783.36kN/AN/A
Mr. Joseph Drew ZieglgansbergerExec. VP of Natural Gas & Technical Services859.78kN/AN/A
Mr. Keith A. ChiassonExec. VP of Downstream800.52kN/AN/A
Ms. Sherry A. WendtDirector of Investor RelationsN/AN/AN/A
Mr. Gary Frederick MolnarSr. VP of Legal, Gen. Counsel & Corp. Sec.N/AN/AN/A
Mr. Kam S. Sandhar CAExec. VP of Strategy & Corp. Devel.N/AN/AN/A
Ms. Susan M. AndersonSr. Vice-Pres of People ServicesN/AN/AN/A
Mr. Alan Craig ReidAdvisorN/AN/AN/A
Amounts are as of December 31, 2022 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 and natural gas in Canada and internationally. The company operates through Oil Sands, Conventional, Offshore, Canadian Manufacturing, and U.S. Manufacturing 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 Manufacturing segment comprises the owned and operated 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 owns and operates the Bruderheim crude-by-rail terminal and ethanol plants; and markets its production of its own and third-party products. The U.S. Manufacturing segment includes the refining of crude oil to produce gasoline, diesel, jet fuel, asphalt, and other products. Cenovus Energy Inc. was founded in 2009 and is headquartered in Calgary, Canada.

Corporate Governance

Cenovus Energy Inc.’s ISS Governance QualityScore as of May 1, 2023 is 4. The pillar scores are Audit: 3; Board: 9; Shareholder Rights: 4; 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.