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Alberta Investment Management Corp Invests Big in Cenovus Energy Inc

Guavy AI Editorial Team
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Alberta Investment Management Corp has made a new investment in Cenovus Energy Inc, buying 5,798,511 shares of the company's stock for approximately $143.73 million during the second quarter.

The acquisition represents about 0.8% of Alberta Investment Management Corp's investment portfolio and makes Cenovus Energy its 14th largest position.

Cenovus Energy Inc is a Canadian integrated energy company engaged in exploration, development, and production of crude oil, natural gas liquids, and natural gas, as well as refining and marketing activities.

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