financetom
Business
financetom
/
Business
/
Cenovus Energy forecasts higher capital spending in 2025
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Cenovus Energy forecasts higher capital spending in 2025
Dec 12, 2024 3:32 AM

Dec 12 (Reuters) - Canada's Cenovus Energy ( CVE )

forecast higher capital expenditure in 2025 on Thursday,

anticipating an increase in power demand.

The company expects its expenses to be between C$4.6 billion

($3.25 billion) and C$5 billion in 2025, compared with the

estimated spending of C$4.5 billion to C$5 billion in 2024.

($1 = 1.4141 Canadian dollars)

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Copyright 2023-2026 - www.financetom.com All Rights Reserved