Cenovus announces 2021 fourth-quarter and full-year results
Retrieved on:
Tuesday, February 8, 2022
Maintenance, Cenovus Energy, Risk management, Public expenditure, Board, Oil sands, Foster Creek, Pourbaix diagram, Sale, Wood River Refinery, Downstream, Advisory, CPP Investment Board, Convention (norm), Husky Lloydminster Refinery, Oil, Video game, Wembley, Christina Lake, Atlantic Ocean, Upstream
2 Comparative figures include Cenovus results prior to the January 1, 2021 closing of the Husky transaction and do not reflect historical data from Husky.
Key Points:
- 2 Comparative figures include Cenovus results prior to the January 1, 2021 closing of the Husky transaction and do not reflect historical data from Husky.
- 4 Prior period results have been restated to conform with the current definition of adjusted funds flow.
- Cenovus continued to execute its NCIB announced in late 2021, which allows the company to purchase up to 146.5 million of its common shares.
- In 2021, the company repurchasedapproximately 17 million common shares with another9 million bought back so far in 2022.