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Cenovus Energy: Preferred Shares Could Yield 8-12% Upon Reset

Cenovus Energy (NYSE:CVE) (TSX:CVE:CA) is a large integrated oil and gas producer in Canada. The company produced in excess of 700,000 barrels of oil-equivalent per day while its downstream throughput averaged in excess of half a million barrels per day. The total capacity is quite a bit higher but some of the facilities were down for maintenance.

seekingalpha.com Oct 14, 2023

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