the control of t all the state of the designed ... .. - I 11:4 P E u ■ I H 4 i 1 8 - 1984 Bet_Noire HFI Research Reasons for Optimism $ billion Cenovus Energy Operating improvements that drive financial improvements will greatly move the needle for the company's free cash flow. Management points to the following downstream operating improvements in 2024: Cenovus Energy Near-Term Positives The Longer-Term Outlook The following table shows our free cash flow and share price estimates for CVE through 2027. It ...