Public market insider selling at Cenovus Energy (CVE)

Public market insider selling at Cenovus Energy (T:CVE)

Jonathan McKenzie, a Senior Officer, disposed of 179,346 Common Shares on a direct ownership basis at prices ranging from $20.816 to $21.105 on April 7th, 2022. This represents a $3,755,031 divestment of the company's shares and an account share holdings change of -35.0%.

Keith Chiasson, a Senior Officer, disposed of 145,504 Common Shares on a direct ownership basis at prices ranging from $21.630 to $21.650 on April 8th, 2022. This represents a $3,149,855 divestment of the company's shares and an account share holdings change of -88.3%.

Gary Frederick Molnar, a Senior Officer, disposed of 20,000 Common Shares on a direct ownership basis at prices ranging from $21.440 to $21.457 on April 8th, 2022. This represents a $428,933 divestment of the company's shares and an account share holdings change of -36.6%.

Cenovus Energy is in the Integrated Oil & Gas Sub Industry Group under the Energy Sector.

Cenovus Energy Inc. is a Canada-based integrated energy company, which is engaged in producing, refining and upgrading crude oil and natural gas, with operations in Canada, the United States and the Asia Pacific region. The Company's segments include Upstream, Downstream, and Corporate and Eliminations. The Upstream segment includes Oil Sands, Conventional, Heavy Oil and Offshore. The Downstream Segment includes Canadian Manufacturing, United States Manufacturing, and Retail. The Company's upstream operations include oil sands projects in northern Alberta, thermal and conventional crude oil, natural gas and natural gas liquids (NGLs) projects across Western Canada, crude oil production offshore Newfoundland and Labrador and natural gas and NGLs production offshore China and Indonesia. Its downstream operations include upgrading, refining and retail operations in Canada and the United States.