Cenovus' 2026 Integration Costs Are Slightly Higher Than Expected -- Market Talk

Dow Jones

2025/12/11

1005 ET - Cenovus Energy's 2026 outlook for upstream production, refining throughput, and capital spending is broadly in line with expectations, according to Scotiabank analyst Kevin Fisk. He notes capital guidance of C$5.0-C$5.3 billion, or C$4.7-C$5.0 billion excluding turnaround costs, are about 2% above consensus. Operating costs in the oil sands and integration expenses are projected to be slightly higher than anticipated, tempering the otherwise steady guidance. (adriano.marchese@wsj.com)

(END) Dow Jones Newswires

December 11, 2025 10:05 ET (15:05 GMT)

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He notes capital guidance of C$5.0-C$5.3 billion, or C$4.7-C$5.0 billion excluding turnaround costs, are about 2% above consensus. Operating costs in the oil sands and integration expenses are projected to be slightly higher than anticipated, tempering the otherwise steady guidance. 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He notes capital guidance of C$5.0-C$5.3 billion, or C$4.7-C$5.0 billion excluding turnaround costs, are about 2% above consensus. Operating costs in the oil sands and integration expenses are projected to be slightly higher than anticipated, tempering the otherwise steady guidance. ","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"CVE":"Cenovus能源","BK4566":"资本集团","BK4588":"碎股","BK4201":"综合性石油与天然气企业","BK4585":"ETF&股票定投概念"},"translate_title":"Cenovus 2026年整合成本略高于预期——市场讨论","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"CVE":1.5},"content_text":"1005 ET - Cenovus Energy's 2026 outlook for upstream production, refining throughput, and capital spending is broadly in line with expectations, according to Scotiabank analyst Kevin Fisk. He notes capital guidance of C$5.0-C$5.3 billion, or C$4.7-C$5.0 billion excluding turnaround costs, are about 2% above consensus. Operating costs in the oil sands and integration expenses are projected to be slightly higher than anticipated, tempering the otherwise steady guidance. (adriano.marchese@wsj.com) \n\n\n  (END) Dow Jones Newswires\n\n\n  December 11, 2025 10:05 ET (15:05 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}