Does Cenovus Have a Clear Path to Achieve Nearly 1.1 MMBoe/d by 2028?
Key Takeaways Cenovus Energy Inc. (CVE) is a Canadian integrated energy company with upstream operations in Canada and Asia-Pacific and downstream refining operations in Canada and the United States. In the second quarter of 2026, upstream production reached about 970,000 barrels of oil equivalent per day (Boe/d), an increase of more than 200,000 Boe/d from the prior-year quarter. CVE raised its 2026 production guidance to 970,000-1.01 million barrels of oil equivalent per day (MMBoe/d) and is targeting nea ...