Cenovus Energy: Net Debt Target Bullseye So Here Comes The Cash

bjdlzx Cenovus Energy (NYSE:CVE) (TSX:CVE:CA) announced that the net debt target was hit in July. Therefore, beginning in the third quarter, 100% of the excess free cash flow is going to be directed towards shareholder returns. This is going to be fun because well run thermal companies can cash flow like few other companies. It is finally time for shareholders to "count the chickens" while looking forward to a lot of available money. The last article noted the lack of market response to the sizable divi ...