Cenovus Energy Inc , Canada's No.2 independent oil producer, said on Thursday it believes it is not realizing the full potential of its freehold lands and third-party royalty production and is now assessing options to boost their value. Brian Ferguson, the company's chief executive, said on a conference call the company will announce its plan for the properties in the next three months.
Cenovus Energy, Inc. (Cenovus) is Canadian integrated oil company. Shares of CVE traded higher by 5.7% or $1.33/share to $24.67. In the past year, the shares have traded as low as $22.75 and as high as $32.64. On average, 1297790 shares of CVE exchange hands on a given day and today's volume is recorded at 2071572.
Cenovus Energy, Inc. (Cenovus) is Canadian integrated oil company. Shares of CVE traded higher by 5.52% or $1.45/share to $27.72. In the past year, the shares have traded as low as $25.79 and as high as $34.79. On average, 1920060 shares of CVE.TO exchange hands on a given day and today's volume is recorded at 2045543.
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