TSX Outpaces Wall Street as Oil and Gold Rallies Fuel Canadian Markets

Wall Street is stumbling, but the TSX is surging! 📈 Record earnings from Cenovus, $66 crude, and gold crossing a historic $5,000 mark have Canada's resource-heavy market completely ignoring the U.S. slump. 🇨🇦🛢️🥇 #TSX #Stocks #Investing #Gold #Energy #Cenovus

www.juniorstocks.com/tsx-outpaces...

Cenovus reportedly considering sale of Alberta conventional assets Canada’s Cenovus Energy is reportedly considering a sale of conventional oil and gas assets in Alberta’s Deep Basin.

Canada’s Cenovus Energy is reportedly considering a sale of conventional oil and gas assets in Alberta’s Deep Basin. Bne IntelliNews #Cenovus #OilIndustry #EnergyNews #Alberta #OilAndGas

JPMorgan Reshuffles Oil Sands Bets: Upgrades Suncor, Downgrades Cenovus

JPMorgan’s Arun Jayaram says the easy money in Canadian oil is gone, predicting a "role reversal" where US producers take the lead.

The play?

Swap $CVE for $SU. Suncor gets the upgrade to C$75 while Cenovus gets cut on valuation fears.

#Suncor #Cenovus

www.juniorstocks.com/jp-morgan-re...

MEG Energy-Cenovus deal clears key shareholder vote after delays Three vote delays, two sweetened bids and countless other twists and turns later, MEG Energy shareholders have given their blessing to an $8.6-billion takeover by Cenovus Energy.

Cenovus reports higher Q3 profits, Imperial Oil has mixed financial results Cenovus and Exxon both published their third-quarter financial results on Friday as world oil markets continue to be impacted by Trump tariffs and increased production from OPEC+.

Cenovus Energy raises MEG Energy offer, wins support from Strathcona Resources Strathcona Resources, which recently dropped its own hostile all-stock offer for MEG Energy, now says it intends to vote its 14.2 per cent stake in favour of the new Cenovus bid.

Investment firm says MEG-Cenovus deal undermines fair bidding process 'This is, in effect, a stuffing of the proxy ballot box to tip the scales towards the offer that rewards the board the most, but doesn't reward the shareholders the most.'

Cenovus Energy makes case for MEG Energy offer over bid by Strathcona Resources | CBC News Cenovus Energy Inc. says its cash-and-stock bid for MEG Energy Corp. offers a premium valuation and certainty over a rival all-stock offer for the oilsands company by Strathcona Resources Ltd.

Energy is a form of the commons. No private company should be doing anything with our energy & natural resources.

Cenovus Energy makes case for MEG Energy offer over bid by Strathcona Resources. #canada #energy #Cenovus #MEG #economics

www.cbc.ca/news/canada/...

www.cbc.ca/news/canada/...

6/9 After new anti-greenwashing rules took effect, Cenovus was among oilsands companies that pulled net-zero statements from its website.

The complaint calls this uncertainty over abandoned commitments "incomplete disclosure."
#Cenovus

5/9 Why these two companies? They represent different energy segments — Cenovus produces the raw product, Enbridge transports it.

Both also showed "some of the most consistently flagrant violations" of disclosure principles reviewed.
#Cenovus #Enbridge

Group files greenwashing complaint with securities watchdog against Enbridge, Cenovus | CBC News A shareholder advocacy group has filed a greenwashing complaint with Alberta's securities watchdog alleging Cenovus Inc., one of Canada's biggest oilsands producers, and Enbridge Inc., the country's b...

No surprise.

A shareholder advocacy group files a #greenwashing complaint alleging that #Cenovus, one of Canada's biggest #oilsands producers, & #Enbridge, the biggest crude pipeline operator in #Canada, have misled investors in their #environmental disclosures.

#cdnpoli
#abpoli
#climate

#Calgary right now:

Air Quality Health Index 10+ -- very high risk.

"Limit time outdoors. Reschedule or cancel outdoor sports, activities and events,” ECCC says."

" #Cenovus Ramping Up Production at Christina Lake, Alberta #Oil Sands Site."

#ABpoli
#airquality
#asthma

Cenovus Funded ‘Grassroots’ Groups That Oppose Climate Laws, Document Reveals Internal record shows Canada’s second largest oil and gas producer donated to organizations that deny climate change is an emergency and question emissions goals.

Internal record shows Canada’s second largest O&G producer - #Cenovus - donated to organizations that deny climate change is an emergency and question #emissions goals.
#pollution #wildfires
@coreyhogan.ca @eleanor4centre.bsky.social @juliedabrusin.bsky.social www.desmog.com/2025/01/30/c...

Oil rig under construction. The concrete base for the Cenovus Energy West White Rose offshore oil production platform in Placentia Bay, Newfoundland, Canada. Shot for Reuters.
#energy, #offshore #oil #cenovus #newfoundland #oilrig #oceans

Cenovus celebrates final stages of construction of West White Rose gravity-based structure | CBC News The once-stalled West White Rose offshore oil project caught a new wind this week, with a self-congratulatory press conference attended by the outgoing Newfoundland and Labrador premier who championed...

Cenovus celebrates final stages of construction of West White Rose gravity-based structure
#NL #newfoundland #WhiteRoase #Gravitybased #Cenovus #drilling #Oil

The Alberta-based company hopes to start drilling in fall 2025

Maddie Ryan · #CBC News · Posted: Apr 16
www.cbc.ca/news/canada/...

The Saudis can survive. #Alberta Oil COs, good thing #Cenovus can produce some barrels for $5. Good for Cenovus, not so good for royalty payments. tldrify.com/1fnq .Enjoy the tax cut. It’s the last one for this era of #Alberta 's history.

I am getting sick of the Cenovus ad, going on about how the country would collapse without any O&G !

I have been perfectly fine driving my electric car without ever needing to rely on gas the last 3 years. I sure don't miss those gas fumes !

#cdnpoli #cenovus #climatechange #NoNeedForOilandGas

Cenovus Funded ‘Grassroots’ Groups That Oppose Climate Laws, Document Reveals Internal record shows Canada’s second largest oil and gas producer donated to organizations that deny climate change is an emergency and question emissions goals.

Dirty tricks from @cenovus-energy.bsky.social : Cenovus Funded ‘Grassroots’ Groups That Oppose Climate Laws, Document Reveals #Cenovus #ClimateChange #fossilfuels
www.desmog.com/2025/01/30/c...

These #Cenovus ads during the game are idiotic....

Lucky 🍀 find 📙 while straightening up the 🏠 today after a great day of protesting!

The Biggest Target: #ImperialOil aka #ExxonMobil #abpoli #ableg #devon #suncor #CanadianNatural #Cenovus #syncrude more like #sincrude

1/2

Opinion | As environment minister, I believed the oil sands sector would help us save the planet. I was wrong. - Toronto Star

Catherine McKenna is absolutely correct. The #OilandGas industry is the profit seeking destroyers of our planet. #PathwaysAlliance has been replaced by #Cenovus #GreenWash

The oilsands, the housing crisis next door and a new partnership to bring about change | CBC News Many people in the small community of Conklin, Alta., struggle to access suitable housing despite living a stone's throw from the lucrative Christina Lake oilsands project. But some residents will soon move into new homes thanks to a partnership between the community and oilsands company Cenovus Energy.

This isn't being done out of the goodness of their hearts but as a means to try and smooth over relations to avoid confrontations on projects that have environmental impacts near Indigenous communities #fossilfuels #whitewashing #Cenovus #Canada #Indigenous
www.cbc.ca/news/canada/...

CCS Won’t Happen in Oilsands Without Bigger Subsidies, Cenovus Exec Warns With this year’s federal budget just over a month away, Canada’s oilsands industry is once again demanding more generous federal subsidies—or what it prefers to call “clarity” on Ottawa’s intentions—b...

No subsidies. The public shouldn't pay to keep #fossilfuels in business: CCS Won’t Happen in Oilsands Without Bigger Subsidies, Cenovus Exec Warns #fossilfuels #Cenovus #subsidies #carboncapture www.theenergymix.com/ccs-wont-hap...