Cenovus Energy(US:CVE)2025-07-31 15:00Company Overview - Cenovus has approximately 1,800 million shares outstanding and a market capitalization of $38 billion[6] - The company's 2025 production is approximately 815 thousand barrels of oil equivalent per day (MBOE/d)[6] - Cenovus possesses 8.5 billion barrels of oil equivalent (BBOE) in proved plus probable (2P) reserves as of 2024[6] Financial Performance - The trailing twelve months Adjusted Funds Flow (AFF) is $7.3 billion[7] - As of June 30, 2025, Cenovus's net debt stands at $4.9 billion[7] - The company's trailing twelve months total cash returns to shareholders amounted to $3.2 billion[7] - The annual dividend per share is $0.80, representing a yield of 3.8%[7] Operational Highlights - Upstream production for the second quarter of 2025 reached 766 MBOE/d[9] - Downstream throughput for the same period was 666 thousand barrels per day (Mbbls/d)[9] - The company returned $819 million to shareholders through share buybacks and dividends in Q2 2025[11] Growth and Capital Investment - Cenovus is targeting production growth to approximately 950,000 BOE/d by 2028[12] - The company's capital investment for 2025 is projected to be between $4.6 billion and $5.0 billion[30]