Key Takeaways Cenovus expects 2026 upstream production of 945,000-985,000 BOE per day, driven mainly by oil sands assets.CVE's MEG Energy deal adds 110,000 bpd of oil sands output and enables integrated Christina Lake development.CVE's downstream operations help offset upstream volatility, supporting earnings despite crude price swings.Cenovus Energy Inc. (CVE) is a Canadian integrated energy company with operations spanning the upstream, midstream and downstream sectors. The company is involved in explorat ...