<ul>
<li>根據 MarketBeat 的數據，評級最高的五隻股息股票</li>
</ul>
<p>Cenovus Energy NYSE: CVE 的股東在公司的虛擬年度會議上批准了所有投票事項，包括任命普華永道為審計師、董事選舉以及對高管薪酬的非約束性諮詢投票。</p>
<p>獲取 <strong>Cenovus Energy</strong> 的提醒：</p>
<p>Cenovus 董事會主席 Alex Pourbaix 表示，普華永道的任命獲得了 99.67% 的贊成票。每位董事提名人均被選入董事會，公司對高管薪酬的方案獲得了 97.39% 的贊成票。</p>
<ul>
<li>2 只能源股票應對關税不確定性</li>
</ul>
<p>當選的董事提名人包括 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 亮點 2025 年運營表現</h2>
<p>Cenovus 總裁兼首席執行官 Jon McKenzie 告訴股東，公司在 2025 年實現了 “卓越的表現”，提到多個上游生產記錄和頂級下游可靠性。</p>
<ul>
<li>3 只值得關注的低調石油股票</li>
</ul>
<p>McKenzie 表示，Cenovus 的上游生產在 2025 年平均達到 834,000 桶油當量/天，創下公司歷史最高水平，比 2024 年增長 3%。他表示，該數字不包括公司收購 MEG Energy 及其 Christina Lake 資產的影響。Cenovus 在年末的日產量超過 970,000 BOE。</p>
<p>在下游業務方面，McKenzie 表示，公司在其加拿大和美國業務的煉油廠的綜合利用率為 95%。他還表示，Cenovus 連續第三年實現了頂級的過程安全表現。</p>
<p>McKenzie 強調了該年度的幾個項目里程碑，包括完成 Narrows Lake 與 Christina Lake 的連接、Foster Creek 優化項目的設施工作以及 West White Rose 平台的建設、安裝和連接。</p>
<h2>MEG 收購與下游控制</h2>
<p>McKenzie 表示，Cenovus 在 2025 年完成了兩項重要交易。公司於 11 月 13 日完成了對 MEG 的收購，增加了位於其最大生產 SAGD 資產旁邊的 110,000 桶/天的資源。他表示，Christina Lake 區域的整合預計到 2028 年將產生 4 億加元的年度運營和企業協同效應，目前工作已經開始。</p>
<p>他還表示，Cenovus 出售了其在煉油廠的權益，現在對其下游業務擁有 “全面的運營、商業和戰略控制”，他將其描述為公司重油價值鏈的關鍵組成部分。</p>
<h2>生產目標與資本計劃</h2>
<p>展望未來，McKenzie 表示，Cenovus 計劃在 2026 年末以約 100 萬 BOE/天的生產率結束。他表示，公司預計到 2028 年將增長到大約 110 萬 BOE/天，因為關鍵增長項目將上線。</p>
<p>在 Foster Creek，McKenzie 表示，優化項目將產能提高了約 30,000 桶/天，並提前完成。在 West White Rose，鑽探已經開始，公司預計在今年第三季度實現首次出油。McKenzie 表示，West White Rose 預計到 2028 年將達到約 45,000 桶/天的峯值產量。</p>
<p>McKenzie 還提到 Christina Lake North 擴展項目，他表示預計到 2028 年底通過增加兩個新的蒸汽發生器和消除水和油處理能力的瓶頸，推動約 40,000 桶/天的生產增長。</p>
<p>McKenzie 表示，Cenovus 保持財務紀律，並不打算因短期商品價格波動而改變其資本計劃。他表示，公司在 45 美元 WTI 的回報閾值下測試投資，並預計整體資本支出在 2026 年和 2027 年將保持在約 50 億加元。</p>
<h2>股東回報與債務優先事項</h2>
<p>McKenzie 表示，Cenovus 在 2025 年通過股息、股票回購和優先股贖回向股東返還了超過 38 億加元。他表示，公司繼續優先考慮與 40 億加元淨債務水平相關的靈活性，他將其描述為代表着一個低槓桿的資產負債表。</p>
<p>在回應股東關於回購的問題時，Pourbaix 表示公司的資本配置框架旨在平衡股東回報和去槓桿化。他表示，Cenovus 目標是在淨債務超過 60 億加元時將約 50% 的超額自由資金流返還給股東，其餘部分用於去槓桿化。</p>
<p>Pourbaix 表示，該框架應從更長的時間範圍來看，而不是逐季度來看。他補充説，儘管在高價格下回購的回報 “並不那麼吸引人”，但 Cenovus 仍然看到回購股票的價值。他表示，公司已以每股平均 23.25 加元的價格回購了 3.37 億股。</p>
<h2>關於退役負債的問題</h2>
<p>股東們還提出了關於 Cenovus 退役負債的問題，以及為什麼它們沒有在普華永道的審計報告中被識別為關鍵審計事項。</p>
<p>普華永道的審計合夥人 Ryan Lundeen 表示，根據 PCAOB 標準，關鍵審計事項不僅僅是任何重要或複雜的財務報表領域，而是涉及 “特別具有挑戰性、主觀或複雜的審計判斷”。他説，缺少與退役負債相關的關鍵審計事項並不意味着該領域得到了較少的審計關注。</p>
<p>Pourbaix 表示，Cenovus 提供了與退役負債相關的披露，包括為解決這些負債而估計的未來現金流的未折現金額。他表示，公司根據 IFRS 會計標準進行披露。</p>
<p>麥肯齊在會議結束時感謝了股東、董事會、員工和承包商，並表示 Cenovus 將繼續專注於保護和延續其競爭優勢，包括其低成本、長期資源基礎、保守的資本結構以及對股東回報的承諾。</p>
<h2>關於 Cenovus Energy NYSE: CVE</h2>
<p>Cenovus Energy Inc 是一家加拿大綜合能源公司，專注於原油、天然氣液體和天然氣的勘探、開發和生產，以及下游的精煉和營銷活動。Cenovus 總部位於阿爾伯塔省的卡爾加里，運營着一系列油砂熱能和稀釋油資產、常規油氣資產，並擁有用於將碳氫化合物轉化為商業市場成品石油的精煉和中游資產。</p>
<p>該公司最初於 2009 年作為 Encana Corporation 的分拆公司成立，並通過有機發展和戰略收購實現了增長。</p>
<p><em>此即時新聞提醒由敍事科學技術和 MarketBeat 的金融數據生成，以便為讀者提供最快的報道和公正的覆蓋。如對本故事有任何問題或意見，請發送郵件至 contact@marketbeat.com.</em></p>
<h2>你現在應該投資$1,000 在 Cenovus Energy 嗎？</h2>
<p>在考慮 Cenovus Energy 之前，你需要聽聽這個。</p>
<p>MarketBeat 每天跟蹤華爾街頂級評級和表現最佳的研究分析師及其推薦給客户的股票。MarketBeat 已識別出五隻頂級分析師悄悄向客户推薦的股票，建議在更廣泛的市場注意到之前立即購買……而 Cenovus Energy 並不在名單上。</p>
<p>雖然 Cenovus Energy 目前在分析師中獲得了買入評級，但頂級分析師認為這五隻股票更值得購買。</p>
<p>在這裏查看這五隻股票</p>

CVE+

Cenovus能源

美國油氣勘探與生產 ETF - iShares

油氣開採 ETF - SPDR

<p>Cenovus Energy 股東在虛擬年度會議上批准了所有事項，包括任命普華永道為審計師和董事選舉。首席執行官 Jon McKenzie 報告稱，2025 年上游生產創下 834,000 BOE/天的紀錄，計劃在 2026 年達到 100 萬 BOE/天。公司在 2025 年向股東返還超過 38 億加元，並保持 40 億加元的淨債務水平，在商品價格波動中優先考慮股東回報和財務紀律</p>

<ul>
<li>Top 5 Highest-Rated Dividend Stocks, According to MarketBeat</li>
</ul>
<div class="lb-trans"><ul>
<li>根據 MarketBeat 的數據，評級最高的五隻股息股票</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 的股東在公司的虛擬年度會議上批准了所有投票事項，包括任命普華永道為審計師、董事選舉以及對高管薪酬的非約束性諮詢投票。</p>
</div><p>Get <strong>Cenovus Energy</strong> alerts:</p>
<div class="lb-trans"><p>獲取 <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 董事會主席 Alex Pourbaix 表示，普華永道的任命獲得了 99.67% 的贊成票。每位董事提名人均被選入董事會，公司對高管薪酬的方案獲得了 97.39% 的贊成票。</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 只能源股票應對關税不確定性</li>
</ul>
</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>當選的董事提名人包括 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 亮點 2025 年運營表現</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 總裁兼首席執行官 Jon McKenzie 告訴股東，公司在 2025 年實現了 “卓越的表現”，提到多個上游生產記錄和頂級下游可靠性。</p>
</div><ul>
<li>3 Under-the-Radar Oil Stocks to Keep Your Eye On</li>
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<div class="lb-trans"><ul>
<li>3 只值得關注的低調石油股票</li>
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</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 的上游生產在 2025 年平均達到 834,000 桶油當量/天，創下公司歷史最高水平，比 2024 年增長 3%。他表示，該數字不包括公司收購 MEG Energy 及其 Christina Lake 資產的影響。Cenovus 在年末的日產量超過 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>在下游業務方面，McKenzie 表示，公司在其加拿大和美國業務的煉油廠的綜合利用率為 95%。他還表示，Cenovus 連續第三年實現了頂級的過程安全表現。</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 強調了該年度的幾個項目里程碑，包括完成 Narrows Lake 與 Christina Lake 的連接、Foster Creek 優化項目的設施工作以及 West White Rose 平台的建設、安裝和連接。</p>
</div><h2>MEG Acquisition and Downstream Control</h2>
<div class="lb-trans"><h2>MEG 收購與下游控制</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 年完成了兩項重要交易。公司於 11 月 13 日完成了對 MEG 的收購，增加了位於其最大生產 SAGD 資產旁邊的 110,000 桶/天的資源。他表示，Christina Lake 區域的整合預計到 2028 年將產生 4 億加元的年度運營和企業協同效應，目前工作已經開始。</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>他還表示，Cenovus 出售了其在煉油廠的權益，現在對其下游業務擁有 “全面的運營、商業和戰略控制”，他將其描述為公司重油價值鏈的關鍵組成部分。</p>
</div><h2>Production Targets and Capital Plans</h2>
<div class="lb-trans"><h2>生產目標與資本計劃</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>展望未來，McKenzie 表示，Cenovus 計劃在 2026 年末以約 100 萬 BOE/天的生產率結束。他表示，公司預計到 2028 年將增長到大約 110 萬 BOE/天，因為關鍵增長項目將上線。</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，優化項目將產能提高了約 30,000 桶/天，並提前完成。在 West White Rose，鑽探已經開始，公司預計在今年第三季度實現首次出油。McKenzie 表示，West White Rose 預計到 2028 年將達到約 45,000 桶/天的峯值產量。</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 還提到 Christina Lake North 擴展項目，他表示預計到 2028 年底通過增加兩個新的蒸汽發生器和消除水和油處理能力的瓶頸，推動約 40,000 桶/天的生產增長。</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 保持財務紀律，並不打算因短期商品價格波動而改變其資本計劃。他表示，公司在 45 美元 WTI 的回報閾值下測試投資，並預計整體資本支出在 2026 年和 2027 年將保持在約 50 億加元。</p>
</div><h2>Shareholder Returns and Debt Priorities</h2>
<div class="lb-trans"><h2>股東回報與債務優先事項</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 年通過股息、股票回購和優先股贖回向股東返還了超過 38 億加元。他表示，公司繼續優先考慮與 40 億加元淨債務水平相關的靈活性，他將其描述為代表着一個低槓桿的資產負債表。</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>在回應股東關於回購的問題時，Pourbaix 表示公司的資本配置框架旨在平衡股東回報和去槓桿化。他表示，Cenovus 目標是在淨債務超過 60 億加元時將約 50% 的超額自由資金流返還給股東，其餘部分用於去槓桿化。</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，該框架應從更長的時間範圍來看，而不是逐季度來看。他補充説，儘管在高價格下回購的回報 “並不那麼吸引人”，但 Cenovus 仍然看到回購股票的價值。他表示，公司已以每股平均 23.25 加元的價格回購了 3.37 億股。</p>
</div><h2>Questions on Decommissioning Liabilities</h2>
<div class="lb-trans"><h2>關於退役負債的問題</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>股東們還提出了關於 Cenovus 退役負債的問題，以及為什麼它們沒有在普華永道的審計報告中被識別為關鍵審計事項。</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>普華永道的審計合夥人 Ryan Lundeen 表示，根據 PCAOB 標準，關鍵審計事項不僅僅是任何重要或複雜的財務報表領域，而是涉及 “特別具有挑戰性、主觀或複雜的審計判斷”。他説，缺少與退役負債相關的關鍵審計事項並不意味着該領域得到了較少的審計關注。</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 提供了與退役負債相關的披露，包括為解決這些負債而估計的未來現金流的未折現金額。他表示，公司根據 IFRS 會計標準進行披露。</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>麥肯齊在會議結束時感謝了股東、董事會、員工和承包商，並表示 Cenovus 將繼續專注於保護和延續其競爭優勢，包括其低成本、長期資源基礎、保守的資本結構以及對股東回報的承諾。</p>
</div><h2>About Cenovus Energy NYSE: CVE</h2>
<div class="lb-trans"><h2>關於 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 是一家加拿大綜合能源公司，專注於原油、天然氣液體和天然氣的勘探、開發和生產，以及下游的精煉和營銷活動。Cenovus 總部位於阿爾伯塔省的卡爾加里，運營着一系列油砂熱能和稀釋油資產、常規油氣資產，並擁有用於將碳氫化合物轉化為商業市場成品石油的精煉和中游資產。</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>該公司最初於 2009 年作為 Encana Corporation 的分拆公司成立，並通過有機發展和戰略收購實現了增長。</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>此即時新聞提醒由敍事科學技術和 MarketBeat 的金融數據生成，以便為讀者提供最快的報道和公正的覆蓋。如對本故事有任何問題或意見，請發送郵件至 contact@marketbeat.com.</em></p>
</div><h2>Should You Invest $1,000 in Cenovus Energy Right Now?</h2>
<div class="lb-trans"><h2>你現在應該投資$1,000 在 Cenovus Energy 嗎？</h2>
</div><p>Before you consider Cenovus Energy, you'll want to hear this.</p>
<div class="lb-trans"><p>在考慮 Cenovus Energy 之前，你需要聽聽這個。</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 每天跟蹤華爾街頂級評級和表現最佳的研究分析師及其推薦給客户的股票。MarketBeat 已識別出五隻頂級分析師悄悄向客户推薦的股票，建議在更廣泛的市場注意到之前立即購買……而 Cenovus Energy 並不在名單上。</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>雖然 Cenovus Energy 目前在分析師中獲得了買入評級，但頂級分析師認為這五隻股票更值得購買。</p>
</div><p>View The Five Stocks Here</p>
<div class="lb-trans"><p>在這裏查看這五隻股票</p>
</div>

Cenovus 能源的股東支持董事會，因為 CEO 的目標是實現每天 100 萬桶油當量的退出率