|Bid||6.20 x 43500|
|Ask||6.21 x 42300|
|Day's Range||6.17 - 6.34|
|52 Week Range||1.41 - 9.39|
|Beta (5Y Monthly)||3.78|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|Ex-Dividend Date||Mar 12, 2020|
|1y Target Est||10.85|
Cenovus Energy's (CVE) strategic acquisition of Husky Energy has created the third-biggest energy producer in Canada.
Cenovus (CVE) expects the combined entity to have a production capacity of 750,000 Boe/d.
Moody's Investors Service, (Moody's) downgraded Husky Energy Inc.'s (Husky) senior unsecured rating to Baa3 from Baa2. Husky is now a wholly-owned subsidiary of Cenovus Energy Inc. (Cenovus). Moody's expects the amalgamation will be completed and the Husky debt will be pari passu with the Cenovus debt.