Cenovus Focuses On Disciplined Approach, Shareholder Returns In 2022 Capital Plan

Cenovus Energy Inc.’s 2022 capital budget of between $2.6-$3 billion reflects a disciplined approach that is designed to improve shareholder returns while maintaining output in the 800,000 boe/d range, president and CEO Alex Pourbaix told the company’s investor day event this morning.

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