<ul>
<li>根据 MarketBeat 的数据，评级最高的五只股息股票</li>
</ul>
<p>Cenovus Energy NYSE: CVE 的股东在公司的虚拟年度会议上批准了所有投票事项，包括任命普华永道为审计师、董事选举以及对高管薪酬的非约束性咨询投票。</p>
<p>获取 <strong>Cenovus Energy</strong> 的提醒：</p>
<p>Cenovus 董事会主席 Alex Pourbaix 表示，普华永道的任命获得了 99.67% 的赞成票。每位董事提名人均被选入董事会，公司对高管薪酬的方案获得了 97.39% 的赞成票。</p>
<ul>
<li>2 只能源股票应对关税不确定性</li>
</ul>
<p>当选的董事提名人包括 Stephen Bradley、Keith Casey、Michael Crothers、James Girgulis、Jane Kinney、Eva Kwok、Melanie Little、Richard Marcogliese、Chana Martineau、Jon McKenzie、Claude Mongeau、Alex Pourbaix、Frank Sixt 和 Rhonda Zygocki。</p>
<h2>CEO 亮点 2025 年运营表现</h2>
<p>Cenovus 总裁兼首席执行官 Jon McKenzie 告诉股东，公司在 2025 年实现了 “卓越的表现”，提到多个上游生产记录和顶级下游可靠性。</p>
<ul>
<li>3 只值得关注的低调石油股票</li>
</ul>
<p>McKenzie 表示，Cenovus 的上游生产在 2025 年平均达到 834,000 桶油当量/天，创下公司历史最高水平，比 2024 年增长 3%。他表示，该数字不包括公司收购 MEG Energy 及其 Christina Lake 资产的影响。Cenovus 在年末的日产量超过 970,000 BOE。</p>
<p>在下游业务方面，McKenzie 表示，公司在其加拿大和美国业务的炼油厂的综合利用率为 95%。他还表示，Cenovus 连续第三年实现了顶级的过程安全表现。</p>
<p>McKenzie 强调了该年度的几个项目里程碑，包括完成 Narrows Lake 与 Christina Lake 的连接、Foster Creek 优化项目的设施工作以及 West White Rose 平台的建设、安装和连接。</p>
<h2>MEG 收购与下游控制</h2>
<p>McKenzie 表示，Cenovus 在 2025 年完成了两项重要交易。公司于 11 月 13 日完成了对 MEG 的收购，增加了位于其最大生产 SAGD 资产旁边的 110,000 桶/天的资源。他表示，Christina Lake 区域的整合预计到 2028 年将产生 4 亿加元的年度运营和企业协同效应，目前工作已经开始。</p>
<p>他还表示，Cenovus 出售了其在炼油厂的权益，现在对其下游业务拥有 “全面的运营、商业和战略控制”，他将其描述为公司重油价值链的关键组成部分。</p>
<h2>生产目标与资本计划</h2>
<p>展望未来，McKenzie 表示，Cenovus 计划在 2026 年末以约 100 万 BOE/天的生产率结束。他表示，公司预计到 2028 年将增长到大约 110 万 BOE/天，因为关键增长项目将上线。</p>
<p>在 Foster Creek，McKenzie 表示，优化项目将产能提高了约 30,000 桶/天，并提前完成。在 West White Rose，钻探已经开始，公司预计在今年第三季度实现首次出油。McKenzie 表示，West White Rose 预计到 2028 年将达到约 45,000 桶/天的峰值产量。</p>
<p>McKenzie 还提到 Christina Lake North 扩展项目，他表示预计到 2028 年底通过增加两个新的蒸汽发生器和消除水和油处理能力的瓶颈，推动约 40,000 桶/天的生产增长。</p>
<p>McKenzie 表示，Cenovus 保持财务纪律，并不打算因短期商品价格波动而改变其资本计划。他表示，公司在 45 美元 WTI 的回报阈值下测试投资，并预计整体资本支出在 2026 年和 2027 年将保持在约 50 亿加元。</p>
<h2>股东回报与债务优先事项</h2>
<p>McKenzie 表示，Cenovus 在 2025 年通过股息、股票回购和优先股赎回向股东返还了超过 38 亿加元。他表示，公司继续优先考虑与 40 亿加元净债务水平相关的灵活性，他将其描述为代表着一个低杠杆的资产负债表。</p>
<p>在回应股东关于回购的问题时，Pourbaix 表示公司的资本配置框架旨在平衡股东回报和去杠杆化。他表示，Cenovus 目标是在净债务超过 60 亿加元时将约 50% 的超额自由资金流返还给股东，其余部分用于去杠杆化。</p>
<p>Pourbaix 表示，该框架应从更长的时间范围来看，而不是逐季度来看。他补充说，尽管在高价格下回购的回报 “并不那么吸引人”，但 Cenovus 仍然看到回购股票的价值。他表示，公司已以每股平均 23.25 加元的价格回购了 3.37 亿股。</p>
<h2>关于退役负债的问题</h2>
<p>股东们还提出了关于 Cenovus 退役负债的问题，以及为什么它们没有在普华永道的审计报告中被识别为关键审计事项。</p>
<p>普华永道的审计合伙人 Ryan Lundeen 表示，根据 PCAOB 标准，关键审计事项不仅仅是任何重要或复杂的财务报表领域，而是涉及 “特别具有挑战性、主观或复杂的审计判断”。他说，缺少与退役负债相关的关键审计事项并不意味着该领域得到了较少的审计关注。</p>
<p>Pourbaix 表示，Cenovus 提供了与退役负债相关的披露，包括为解决这些负债而估计的未来现金流的未折现金额。他表示，公司根据 IFRS 会计标准进行披露。</p>
<p>麦肯齐在会议结束时感谢了股东、董事会、员工和承包商，并表示 Cenovus 将继续专注于保护和延续其竞争优势，包括其低成本、长期资源基础、保守的资本结构以及对股东回报的承诺。</p>
<h2>关于 Cenovus Energy NYSE: CVE</h2>
<p>Cenovus Energy Inc 是一家加拿大综合能源公司，专注于原油、天然气液体和天然气的勘探、开发和生产，以及下游的精炼和营销活动。Cenovus 总部位于阿尔伯塔省的卡尔加里，运营着一系列油砂热能和稀释油资产、常规油气资产，并拥有用于将碳氢化合物转化为商业市场成品石油的精炼和中游资产。</p>
<p>该公司最初于 2009 年作为 Encana Corporation 的分拆公司成立，并通过有机发展和战略收购实现了增长。</p>
<p><em>此即时新闻提醒由叙事科学技术和 MarketBeat 的金融数据生成，以便为读者提供最快的报道和公正的覆盖。如对本故事有任何问题或意见，请发送邮件至 contact@marketbeat.com.</em></p>
<h2>你现在应该投资$1,000 在 Cenovus Energy 吗？</h2>
<p>在考虑 Cenovus Energy 之前，你需要听听这个。</p>
<p>MarketBeat 每天跟踪华尔街顶级评级和表现最佳的研究分析师及其推荐给客户的股票。MarketBeat 已识别出五只顶级分析师悄悄向客户推荐的股票，建议在更广泛的市场注意到之前立即购买……而 Cenovus Energy 并不在名单上。</p>
<p>虽然 Cenovus Energy 目前在分析师中获得了买入评级，但顶级分析师认为这五只股票更值得购买。</p>
<p>在这里查看这五只股票</p>

CVE+

Cenovus能源

美国油气勘探与生产 ETF - iShares

油气开采 ETF - SPDR

<p>Cenovus Energy 股东在虚拟年度会议上批准了所有事项，包括任命普华永道为审计师和董事选举。首席执行官 Jon McKenzie 报告称，2025 年上游生产创下 834,000 BOE/天的纪录，计划在 2026 年达到 100 万 BOE/天。公司在 2025 年向股东返还超过 38 亿加元，并保持 40 亿加元的净债务水平，在商品价格波动中优先考虑股东回报和财务纪律</p>

<ul>
<li>Top 5 Highest-Rated Dividend Stocks, According to MarketBeat</li>
</ul>
<div class="lb-trans"><ul>
<li>根据 MarketBeat 的数据，评级最高的五只股息股票</li>
</ul>
</div><p>Cenovus Energy NYSE: CVE shareholders approved all voting items at the company’s virtual annual meeting, including the appointment of PwC as auditor, the election of directors and a non-binding advisory vote on executive compensation.</p>
<div class="lb-trans"><p>Cenovus Energy NYSE: CVE 的股东在公司的虚拟年度会议上批准了所有投票事项，包括任命普华永道为审计师、董事选举以及对高管薪酬的非约束性咨询投票。</p>
</div><p>Get <strong>Cenovus Energy</strong> alerts:</p>
<div class="lb-trans"><p>获取 <strong>Cenovus Energy</strong> 的提醒：</p>
</div><p>Alex Pourbaix, chair of Cenovus’ board, said PwC was appointed auditor with 99.67% of votes cast in favor. Each director nominee was elected to the board, and the company’s approach to executive compensation was approved by 97.39% of votes cast.</p>
<div class="lb-trans"><p>Cenovus 董事会主席 Alex Pourbaix 表示，普华永道的任命获得了 99.67% 的赞成票。每位董事提名人均被选入董事会，公司对高管薪酬的方案获得了 97.39% 的赞成票。</p>
</div><ul>
<li>2 Energy Stocks to Play Both Sides of Tariff Uncertainty</li>
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<div class="lb-trans"><ul>
<li>2 只能源股票应对关税不确定性</li>
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</div><p>The director nominees elected were Stephen Bradley, Keith Casey, Michael Crothers, James Girgulis, Jane Kinney, Eva Kwok, Melanie Little, Richard Marcogliese, Chana Martineau, Jon McKenzie, Claude Mongeau, Alex Pourbaix, Frank Sixt and Rhonda Zygocki.</p>
<div class="lb-trans"><p>当选的董事提名人包括 Stephen Bradley、Keith Casey、Michael Crothers、James Girgulis、Jane Kinney、Eva Kwok、Melanie Little、Richard Marcogliese、Chana Martineau、Jon McKenzie、Claude Mongeau、Alex Pourbaix、Frank Sixt 和 Rhonda Zygocki。</p>
</div><h2>CEO Highlights 2025 Operating Performance</h2>
<div class="lb-trans"><h2>CEO 亮点 2025 年运营表现</h2>
</div><p>Jon McKenzie, Cenovus’ president and chief executive officer, told shareholders the company delivered “exceptional performance” in 2025, citing multiple upstream production records and top-quartile downstream reliability.</p>
<div class="lb-trans"><p>Cenovus 总裁兼首席执行官 Jon McKenzie 告诉股东，公司在 2025 年实现了 “卓越的表现”，提到多个上游生产记录和顶级下游可靠性。</p>
</div><ul>
<li>3 Under-the-Radar Oil Stocks to Keep Your Eye On</li>
</ul>
<div class="lb-trans"><ul>
<li>3 只值得关注的低调石油股票</li>
</ul>
</div><p>McKenzie said Cenovus’ upstream production averaged 834,000 barrels of oil equivalent per day in 2025, the highest level in the company’s history and up 3% from 2024. He said that figure did not include the impact of the company’s acquisition of MEG Energy and its Christina Lake asset. Cenovus exited the year producing more than 970,000 BOE per day.</p>
<div class="lb-trans"><p>McKenzie 表示，Cenovus 的上游生产在 2025 年平均达到 834,000 桶油当量/天，创下公司历史最高水平，比 2024 年增长 3%。他表示，该数字不包括公司收购 MEG Energy 及其 Christina Lake 资产的影响。Cenovus 在年末的日产量超过 970,000 BOE。</p>
</div><p>In the downstream business, McKenzie said the company’s refineries operated at a combined utilization rate of 95% across its Canadian and U.S. segments. He also said Cenovus achieved top-quartile process safety performance for the third consecutive year.</p>
<div class="lb-trans"><p>在下游业务方面，McKenzie 表示，公司在其加拿大和美国业务的炼油厂的综合利用率为 95%。他还表示，Cenovus 连续第三年实现了顶级的过程安全表现。</p>
</div><p>McKenzie highlighted several project milestones from the year, including the completion of the Narrows Lake tieback to Christina Lake, facilities work on the Foster Creek optimization project and construction, installation and tie-ins for the West White Rose platform.</p>
<div class="lb-trans"><p>McKenzie 强调了该年度的几个项目里程碑，包括完成 Narrows Lake 与 Christina Lake 的连接、Foster Creek 优化项目的设施工作以及 West White Rose 平台的建设、安装和连接。</p>
</div><h2>MEG Acquisition and Downstream Control</h2>
<div class="lb-trans"><h2>MEG 收购与下游控制</h2>
</div><p>McKenzie said Cenovus completed two significant transactions in 2025. The company closed its acquisition of MEG on Nov. 13, adding 110,000 barrels per day of resource located next to its largest producing SAGD asset. He said consolidation of the Christina Lake area is projected to generate CAD 400 million in annual operating and corporate synergies by 2028, with work already underway.</p>
<div class="lb-trans"><p>McKenzie 表示，Cenovus 在 2025 年完成了两项重要交易。公司于 11 月 13 日完成了对 MEG 的收购，增加了位于其最大生产 SAGD 资产旁边的 110,000 桶/天的资源。他表示，Christina Lake 区域的整合预计到 2028 年将产生 4 亿加元的年度运营和企业协同效应，目前工作已经开始。</p>
</div><p>He also said Cenovus sold its interest in refineries and now has “full operational, commercial, and strategic control” of its downstream business, which he described as a critical component of the company’s heavy oil value chain.</p>
<div class="lb-trans"><p>他还表示，Cenovus 出售了其在炼油厂的权益，现在对其下游业务拥有 “全面的运营、商业和战略控制”，他将其描述为公司重油价值链的关键组成部分。</p>
</div><h2>Production Targets and Capital Plans</h2>
<div class="lb-trans"><h2>生产目标与资本计划</h2>
</div><p>Looking ahead, McKenzie said Cenovus plans to exit 2026 at a production rate of about 1 million BOE per day. He said the company expects to grow to roughly 1.1 million BOE per day by 2028 as key growth projects come online.</p>
<div class="lb-trans"><p>展望未来，McKenzie 表示，Cenovus 计划在 2026 年末以约 100 万 BOE/天的生产率结束。他表示，公司预计到 2028 年将增长到大约 110 万 BOE/天，因为关键增长项目将上线。</p>
</div><p>At Foster Creek, McKenzie said the optimization project increased capacity by approximately 30,000 barrels per day and was delivered ahead of schedule. At West White Rose, drilling has commenced, and the company expects first oil in the third quarter of this year. McKenzie said West White Rose is expected to reach peak production of about 45,000 barrels per day net to Cenovus by 2028.</p>
<div class="lb-trans"><p>在 Foster Creek，McKenzie 表示，优化项目将产能提高了约 30,000 桶/天，并提前完成。在 West White Rose，钻探已经开始，公司预计在今年第三季度实现首次出油。McKenzie 表示，West White Rose 预计到 2028 年将达到约 45,000 桶/天的峰值产量。</p>
</div><p>McKenzie also pointed to the Christina Lake North expansion project, which he said is expected to drive production growth of about 40,000 barrels per day by the end of 2028 through the addition of two new steam generators and debottlenecking of water and oil handling capacity.</p>
<div class="lb-trans"><p>McKenzie 还提到 Christina Lake North 扩展项目，他表示预计到 2028 年底通过增加两个新的蒸汽发生器和消除水和油处理能力的瓶颈，推动约 40,000 桶/天的生产增长。</p>
</div><p>McKenzie said Cenovus remains financially disciplined and does not expect to change its capital plans in response to short-term commodity price volatility. He said the company tests investments against return thresholds at $45 WTI and expects overall capital spending to remain around CAD 5 billion in both 2026 and 2027.</p>
<div class="lb-trans"><p>McKenzie 表示，Cenovus 保持财务纪律，并不打算因短期商品价格波动而改变其资本计划。他表示，公司在 45 美元 WTI 的回报阈值下测试投资，并预计整体资本支出在 2026 年和 2027 年将保持在约 50 亿加元。</p>
</div><h2>Shareholder Returns and Debt Priorities</h2>
<div class="lb-trans"><h2>股东回报与债务优先事项</h2>
</div><p>McKenzie said Cenovus returned more than CAD 3.8 billion to shareholders in 2025 through dividends, share repurchases and the redemption of preferred shares. He said the company continues to prioritize the flexibility associated with a CAD 4 billion net debt level, which he described as representing an under-levered balance sheet.</p>
<div class="lb-trans"><p>McKenzie 表示，Cenovus 在 2025 年通过股息、股票回购和优先股赎回向股东返还了超过 38 亿加元。他表示，公司继续优先考虑与 40 亿加元净债务水平相关的灵活性，他将其描述为代表着一个低杠杆的资产负债表。</p>
</div><p>In response to a shareholder question about buybacks, Pourbaix said the company’s capital allocation framework is designed to balance shareholder returns and deleveraging. He said Cenovus targets returning approximately 50% of excess free funds flow to shareholders while net debt is above CAD 6 billion, with the remainder allocated to deleveraging.</p>
<div class="lb-trans"><p>在回应股东关于回购的问题时，Pourbaix 表示公司的资本配置框架旨在平衡股东回报和去杠杆化。他表示，Cenovus 目标是在净债务超过 60 亿加元时将约 50% 的超额自由资金流返还给股东，其余部分用于去杠杆化。</p>
</div><p>Pourbaix said the framework should be viewed over longer time frames rather than quarter to quarter. He added that while returns on buybacks are “not as attractive at high prices,” Cenovus continues to see value in repurchasing shares. He said the company has repurchased 337 million shares at an average price of CAD 23.25 per share.</p>
<div class="lb-trans"><p>Pourbaix 表示，该框架应从更长的时间范围来看，而不是逐季度来看。他补充说，尽管在高价格下回购的回报 “并不那么吸引人”，但 Cenovus 仍然看到回购股票的价值。他表示，公司已以每股平均 23.25 加元的价格回购了 3.37 亿股。</p>
</div><h2>Questions on Decommissioning Liabilities</h2>
<div class="lb-trans"><h2>关于退役负债的问题</h2>
</div><p>Shareholders also raised questions about Cenovus’ decommissioning liabilities and why they were not identified as a critical audit matter in PwC’s audit report.</p>
<div class="lb-trans"><p>股东们还提出了关于 Cenovus 退役负债的问题，以及为什么它们没有在普华永道的审计报告中被识别为关键审计事项。</p>
</div><p>Ryan Lundeen, assurance partner at PwC, said a critical audit matter under PCAOB standards is not simply any material or complex financial statement area, but one that involves “especially challenging, subjective, or complex auditor judgment.” He said the absence of a critical audit matter related to decommissioning liabilities does not mean the area received less audit attention.</p>
<div class="lb-trans"><p>普华永道的审计合伙人 Ryan Lundeen 表示，根据 PCAOB 标准，关键审计事项不仅仅是任何重要或复杂的财务报表领域，而是涉及 “特别具有挑战性、主观或复杂的审计判断”。他说，缺少与退役负债相关的关键审计事项并不意味着该领域得到了较少的审计关注。</p>
</div><p>Pourbaix said Cenovus provides disclosure related to decommissioning liabilities, including the undiscounted amount of estimated future cash flows to settle those liabilities. He said the company’s disclosures are made in accordance with IFRS accounting standards.</p>
<div class="lb-trans"><p>Pourbaix 表示，Cenovus 提供了与退役负债相关的披露，包括为解决这些负债而估计的未来现金流的未折现金额。他表示，公司根据 IFRS 会计标准进行披露。</p>
</div><p>McKenzie closed the meeting by thanking shareholders, the board, employees and contractors, and said Cenovus remains focused on protecting and extending its competitive advantages, including its low-cost, long-life resource base, conservative capital structure and commitment to shareholder returns.</p>
<div class="lb-trans"><p>麦肯齐在会议结束时感谢了股东、董事会、员工和承包商，并表示 Cenovus 将继续专注于保护和延续其竞争优势，包括其低成本、长期资源基础、保守的资本结构以及对股东回报的承诺。</p>
</div><h2>About Cenovus Energy NYSE: CVE</h2>
<div class="lb-trans"><h2>关于 Cenovus Energy NYSE: CVE</h2>
</div><p>Cenovus Energy Inc is a Canadian integrated energy company engaged in the exploration, development and production of crude oil, natural gas liquids and natural gas, together with downstream refining and marketing activities. Headquartered in Calgary, Alberta, Cenovus operates a mix of oil sands thermal and dilbit assets, conventional oil and gas properties, and owns refining and midstream assets designed to move and process hydrocarbons into finished petroleum products for commercial markets.</p>
<div class="lb-trans"><p>Cenovus Energy Inc 是一家加拿大综合能源公司，专注于原油、天然气液体和天然气的勘探、开发和生产，以及下游的精炼和营销活动。Cenovus 总部位于阿尔伯塔省的卡尔加里，运营着一系列油砂热能和稀释油资产、常规油气资产，并拥有用于将碳氢化合物转化为商业市场成品石油的精炼和中游资产。</p>
</div><p>The company was originally formed as a spin‑off from Encana Corporation in 2009 and has grown through organic development and strategic acquisitions.</p>
<div class="lb-trans"><p>该公司最初于 2009 年作为 Encana Corporation 的分拆公司成立，并通过有机发展和战略收购实现了增长。</p>
</div><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.</em></p>
<div class="lb-trans"><p><em>此即时新闻提醒由叙事科学技术和 MarketBeat 的金融数据生成，以便为读者提供最快的报道和公正的覆盖。如对本故事有任何问题或意见，请发送邮件至 contact@marketbeat.com.</em></p>
</div><h2>Should You Invest $1,000 in Cenovus Energy Right Now?</h2>
<div class="lb-trans"><h2>你现在应该投资$1,000 在 Cenovus Energy 吗？</h2>
</div><p>Before you consider Cenovus Energy, you'll want to hear this.</p>
<div class="lb-trans"><p>在考虑 Cenovus Energy 之前，你需要听听这个。</p>
</div><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Cenovus Energy wasn't on the list.</p>
<div class="lb-trans"><p>MarketBeat 每天跟踪华尔街顶级评级和表现最佳的研究分析师及其推荐给客户的股票。MarketBeat 已识别出五只顶级分析师悄悄向客户推荐的股票，建议在更广泛的市场注意到之前立即购买……而 Cenovus Energy 并不在名单上。</p>
</div><p>While Cenovus Energy currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.</p>
<div class="lb-trans"><p>虽然 Cenovus Energy 目前在分析师中获得了买入评级，但顶级分析师认为这五只股票更值得购买。</p>
</div><p>View The Five Stocks Here</p>
<div class="lb-trans"><p>在这里查看这五只股票</p>
</div>

Cenovus 能源的股东支持董事会，因为 CEO 的目标是实现每天 100 万桶油当量的退出率