How many acquisitions has Cenovus made so far?

Cenovus has completed 4 acquisitions so far, with an average acquisition amount of $7.01B.

Which sectors does Cenovus target for acquisitions?

Most of Cenovus's acquisitions are in Oil & Gas Upstream (3) and Oil & Gas Downstream (2).

List of 4 Acquisitions by Cenovus (Oct 2026)

Q: Which is Cenovus' latest acquisition?

Cenovus's most recent acquisition is Athabasca Oil Corporation, a Liquids-weighted intermediate oil producer with diversified assets, acquired in October 2026.

Cenovus has made a total of 4 acquisitions. These transactions span 2 countries—Canada and United Kingdom—across 3 sectors: Oil & Gas Upstream, Oil & Gas Downstream, and Oil & Gas Midstream. Peak acquisition activity occurred in 2026, 2025, and 2022, with 1 acquisition recorded in each of those years. For the period between 2020 and 2025, the average number of acquisitions per year is 0.4, and 1 acquisition was completed in the current calendar year. The most recent acquisition is Athabasca Oil Corporation, a liquids-weighted intermediate oil producer with diversified assets founded in 2006 and based in Calgary; this transaction was finalized in October 2026.

Here's the year on year acquisition history of Cenovus:

Number of Total Acquisitions

Year	# Acquisitions
2026	1
2025	1
2022	1
2020	1

View all Acquisitions by Cenovus

Recent acquisitions by Cenovus

Cenovus's most recent acquisition - Athabasca Oil Corporation is a Liquids-weighted intermediate oil producer with diversified assets, founded in 2006 and located in Calgary. Cenovus acquired it in October 2026 for a price of $*****.

Here is the list of all acquisitions by Cenovus sorted by the latest acquisition date: