Cenovus Energy is a large integrated oil and gas company based in Canada. The company owns oil sands projects in northern Alberta as well as natural gas and oil fields in Alberta and British Columbia. It also owns a 50% stake in two U.S. refineries. Cenovus’ portfolio of assets got a boost with the acquisition of most of ConocoPhillips’ operations in Western Canada in 2017.
Cenovus Energy sells oil to industrial users, wholesalers and commodity purchasers, all around the world. An extensive network of pipelines, rail, and marine tankers transport the company's products. Cenovus is also developing new pipeline projects in Western Canada that will provide access to new buyers.
A vast portfolio of oil sands assets and Deep Basin natural gas and liquids assets in Western Canada should support production growth. Premium asset quality, operating excellence, an integrated model, and a strong reputation are Cenovus’ key competitive strengths.