Cenovus Energy Hits Debt Target, Boosts Shareholder Returns
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Cenovus Energy Hits Debt Target, Boosts Shareholder Returns

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Cenovus Energy (TSE:CVE) has released an update.

Cenovus Energy reported a strong second quarter in 2024, achieving a significant financial milestone by reaching their net debt target and announcing the return of 100% of excess free funds flow to shareholders. The company saw robust operational performance, with improved production and refinery throughput, and continues to advance growth projects for future resilience.

For further insights into TSE:CVE stock, check out TipRanks’ Stock Analysis page.

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