The Globe and Mail
🏢 Globe and Mail Inc. (Woodbridge)
May 6, 2026
· 3 min read
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Cenovus posts higher profit, raises dividend as MEG acquisition spurs record output
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Article Excerpt
Cenovus posts higher profit, raises dividend as MEG acquisition spurs record output
KHUSBU JENA
REUTERS
PUBLISHED MAY 6, 2026
Open this photo in gallery:
The Cenovus Christina Lake oilsands facility southeast of Fort McMurray, Alta., in 2024. The company's purchase of MEG last year added to its assets in the area.
AMBER BRACKEN/THE CANADIAN PRESS
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Cenovus Energy CVE-T on Wednesday posted an 83 per cent jump in first-quarter profit, driven by higher crude p…
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