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CVE - Cenovus Energy Hits A Homerun With Husky Deal
November, 22 2020 06:32 AM
Cenovus Energy Inc
This announcement will combine excess refining capacity with excess production capacity. It also gives the Husky refineries access to lower-cost Cenovus feedstock. This is one of the few times that a myriad of synergies is obvious. Less volatility means an investment-grade debt rating may finally be possible. The breakeven of this integrated company will be very low and probably decline more in the future. For further details see:
Cenovus Energy Hits A Homerun With Husky Deal
Stock Information
Company Name:
Cenovus Energy Inc
Stock Symbol:
CVE
Market:
NYSE
Website:
cenovus.com
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