News Digest / Ticker: CVE.TO

Ticker: CVE.TO

09:19am, Tuesday, Sep 09, 2025

Cenovus (CVE) Sells 50% WRB Stake to Phillips 66 (PSX) - Closing Targeted Q3 2025

Cenovus (CVE) will sell its 50% stake in WRB Refining LP to partner Phillips 66 (PSX), giving PSX full control. Transaction via subsidiaries aims to close ~Q3 2025; proceeds boost Cenovus cash and shift refining results to Phillips 66.