CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 79.75% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

Cenovus to buy Athabasca Oil in $5.7 billion cash-and-stock deal

By Reuters News10:04 (UTC), 5 October 2026 Updated

Oct 5 (Reuters) - Cenovus Energy CVE.TO said on Monday it would acquire Athabasca Oil in a cash-and-stock transaction valuing the Canadian oil producer at an implied enterprise value of $5.7 billion.

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