Cenovus Energy (TSE:CVE) has released an update.
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Cenovus Energy has announced its 2025 capital budget, planning to invest between $4.6 billion and $5.0 billion with a focus on maintaining production and advancing growth projects. The company aims to boost upstream production and improve profitability while maintaining strong cost control and shareholder returns. Cenovus is set to achieve key milestones in its growth projects, increasing both production and free funds flow significantly by 2028.
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